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How much is Toyota depreciation?
I don’t have a ton of money for a new car, but I’d like to get something that holds its value. I’ve heard that Toyotas last forever, so that also makes me think that it’s a viable option for me. How much do Toyotas depreciate on average?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
With 27 vehicles in the U.S. market, nailing down the exact Toyota depreciation isn’t easy. But on average, you can expect Toyota depreciation to reach right around 20% over five years. Compared to other brands, this is some of the lowest depreciation in the industry.
Toyota also has six vehicles in the top 25 for the lowest depreciation over five years on the market today:
- Toyota Prius: 17.1%
- Toyota Tacoma: 17.4%
- Toyota 4Runner: 19.4%
- Toyota Highlander: 20.6%
- Toyota Corolla: 21%
- Toyota RAV4: 21%
Toyota is also one of the least-expensive brands to insure, especially if you use the
Jerry
app. Download the app today and answer questions about your coverage needs to lower your Toyota insurance costs
and put more money in your pocket.Jerry is a
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and cancel your old policy. Users save an average of $800+ per year.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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