Fair market value

Toyota Tundra prices

Current fair market values by model year, with depreciation and cost-to-own estimates.

Newest model year fair price

$57,679

Mileage-adjusted from live market listings

Avg. depreciation / yr

7%

5-yr cost to own

$27,833

Pricing by model year

Model yearFair priceMSRP
2026$57,679$43,260View 2026 pricing →
2025$53,412$45,140View 2025 pricing →
2024$49,495$45,015View 2024 pricing →
2023$45,989$44,015View 2023 pricing →
2022$41,832$38,000View 2022 pricing →
2021$41,666$37,175View 2021 pricing →
2020$40,268$33,905View 2020 pricing →
2019$36,876$31,670View 2019 pricing →
2018$32,529$34,370View 2018 pricing →
2017$29,848$33,170View 2017 pricing →
2016$26,505$29,140View 2016 pricing →

Market demand

The Toyota Tundra has about 59 days of national market supply — a fairly balanced market. See each model year for the negotiating-leverage read.

Depreciation

The Toyota Tundra depreciates about 7% per year. See the full depreciation curve →

Cost to own (5 years)

Estimated 5-year depreciation + fuel of about $27,833 (insurance, maintenance, and repairs excluded). See the breakdown →

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Prices are computed from live market listings, adjusted for mileage · updated 8/2/2026. Estimates only; your price depends on condition, options, and location.