With the Toyota Tundra, there is a lot to like about it. The Tundra has a maximum towing capacity of 10,200 pounds, and full-size pickup shoppers will have plenty to choose from. So, can you expect that the Tundra will remain valuable over the years? Let’s do the math.
The Toyota Tundra can be expected to depreciate 39% after five years. It will also have a five-year resale value of $32,925. Assuming that new cars cost about $53,000, this is the result.
As a full-size Toyota pick-up, the Tundra ranks very well in a field of competitors, including GMC, Ford, and Chevy. The Tundra ranked among the best 10 pick-ups when it comes to cars aged around five years, so it is important to consider one when you are looking for a half-ton pick-up that makes financial sense.
Should You Buy Toyota Tundra New or Used?
If you buy a Toyota Tundra that is only 2 years old, you will save $11,014 when you compare it to buying new. You will still have a fairly new model, and plenty of usage to gain from it. If you plan to keep this vehicle for three years, you may end up depreciating the vehicle by $9,684.
There may be other options, too, like different vehicle models, so you might try to see which combination will amount to the lowest cost. The best rule of thumb is to try vehicles that are around three years old.
Which Model Years to Buy a Toyota Tundra
We are picking the 2020 Toyota Tundra as one of the best models for this model year. When buying the 2020 model year, you can expect to put out 85% of a brand-new price. That also gives you 92% of the remaining life from the car. Aside from this, you can go for the 2018 and 2019 model years.
Why the Toyota Tundra is so Valuable
There are many reasons why the Toyota Tundra has been valued so highly. The reason why the Tundra still has value is because it is reliable and reliable for a long time. Now, what does this mean?
The Tundra is not only reliable for a long time. It also features all the features that people who purchase trucks want. It is strong enough to pull a boat or an RV, it can be pulled off-road easily, and it offers plenty of space for the whole family.
What Makes the Tundra Reliable?
One of the reasons that Toyota Tundras are very reliable is that they are made in America and with a 100% adherence to safety standards. The Toyota Tundra models have a certain level of quality that only American-made products truly deliver.
However, these trucks are built with a great deal of precision and, if you run out of gas or if the battery goes dead, they are not going to come and break down on you. That means that as long as you keep your Toyota Tundra in good condition and repair it, you will be able to have that truck with you for a very long time.