Depreciation
Toyota Depreciation
Brand new Toyota vehicles depreciate 35% after 5 years on average.
2024 is our top pick for the best model year value for Toyota vehicles. With the 2024, you would only pay, on average, 82% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 model years are also attractive years for Toyota models, and provide a relatively good value.
Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictable expenses. Our top ranked model year represents the most car for the money with a Toyota model.
Toyota Average Depreciation Curve
Model year — % of original value retained today
Toyota Depreciation by Year
| Year | Depreciation | Residual Value | Percent Left | Value Rating |
|---|---|---|---|---|
| 2024 | 17.6% | 82.4% | 91.7% | Best |
| 2023 | 22.5% | 77.5% | 83.3% | Better |
| 2022 | 27.7% | 72.3% | 75.0% | Better |
| 2021 | 32.1% | 67.9% | 66.7% | Good |
| 2020 | 35.1% | 64.9% | 58.3% | Good |
| 2019 | 38.7% | 61.3% | 50.0% | |
| 2018 | 43.1% | 56.9% | 41.7% | |
| 2017 | 48.1% | 51.9% | 33.3% | |
| 2016 | 51.6% | 48.4% | 25.0% | |
| 2015 | 55.2% | 44.8% | 16.7% | |
| 2014 | 58.6% | 41.4% | 8.3% | |
| 2013 | 61.7% | 38.3% | 0.0% |
| Year | Depreciation | Residual Value | Value Rating |
|---|---|---|---|
| 2024 | 17.6% | 82.4% | Best |
| 2023 | 22.5% | 77.5% | Better |
| 2022 | 27.7% | 72.3% | Better |
| 2021 | 32.1% | 67.9% | Good |
| 2020 | 35.1% | 64.9% | Good |
| 2019 | 38.7% | 61.3% | |
| 2018 | 43.1% | 56.9% | |
| 2017 | 48.1% | 51.9% | |
| 2016 | 51.6% | 48.4% | |
| 2015 | 55.2% | 44.8% | |
| 2014 | 58.6% | 41.4% | |
| 2013 | 61.7% | 38.3% |
Best Year to Buy a Toyota
The 2024 Toyota offers the best value for money. You pay only 82% of the original price with 92% of useful life remaining. Other great options include the 2023 and 2022 model years.
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Toyota Depreciation by Model
Select a model to see its full depreciation curve and historical data.
Toyota GR86
Coupe
Toyota GR Supra
Coupe
Toyota Corolla Hatchback
Hatchback
Toyota GR Corolla
Hatchback
Toyota Prius
Hatchback
Toyota Prius Prime
Hatchback
Toyota Sienna
Minivan
Toyota Tacoma
Pickup
Toyota Tundra
Pickup
Toyota Camry
Sedan
Toyota Corolla
Sedan
Toyota Crown
Sedan
Toyota Mirai
Sedan
Toyota 4Runner
SUV
Toyota bZ4X
SUV
Toyota Corolla Cross
SUV
Toyota Crown Signia
SUV
Toyota Grand Highlander
SUV
Toyota Highlander
SUV
Toyota Land Cruiser
SUV
Toyota RAV4
SUV
Toyota RAV4 Prime
SUV
Toyota Sequoia
SUV
Toyota Venza
SUV
“Useful Lifespan” and Methodology
While the “Useful Lifespan” of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data — and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.
We aggregate and analyze millions of automotive data points from a variety of the industry's leading data providers. The insights and information on this page represent the overall averages of the combined costs of vehicle ownership. This information should be used as a general guide, as your individual results may vary significantly from that which is shown. Our mission is to provide car buyers with the resources they need to make informed purchase decisions. To learn more, see our FAQs.
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