Used 2020 Toyota Tacoma for Sale nearLondon, ON

How much does the 2020 Toyota Tacoma cost?

Prices have softened 5.80% compared to this time last year, making it a favourable time to shop this model year.

There are 183 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2020 Toyota Tacoma a good car?

Generally — the 2020 Toyota Tacoma earns 4.32/5 from owners and 7.5/10 from our experts. The model scores 8/10 across Look and feel, Form and function, and Safety.

Drivers commonly praise its reliability, performance, and design, and many also value its practicality and strong off-road capabilities. The trade-offs are familiar: pricing can feel high, and some shoppers may miss features such as heated seats and navigation.

That fits the Tacoma’s role as a midsize pickup that prioritises capability and off-road confidence over polish or modern luxury. With 24.0% of listings marked as good or great deals, you may need to shop selectively to find the right value.

Is the 2020 Toyota Tacoma reliable?

Owners rate it 4.32/5, a solid signal of long-term satisfaction.

Drivers describe it as reliable and practical, with strong off-road capability and a reputation that supports confidence over time. The expert assessment also points to dependable off-road features and a truck that keeps buyers satisfied because of its core strengths.

Toyota’s standard 3.5-litre V6 and 4WD setup reinforce that sense of durability, and the truck’s straightforward design should help it remain easy to live with. For used buyers, the main long-term ownership risk is that the Tacoma’s rougher edges and higher pricing can make it less appealing if you want refinement as much as dependability.

What should I look for when buying a used 2020 Toyota Tacoma?

Key things to evaluate:

• Trim level: The Tacoma’s trims range from work-focused to off-road oriented, and the base versions are the ones most likely to leave you wanting more equipment. Higher trims add more visual presence and capability, while the TRD Pro stands out with its off-road hardware and more aggressive design details.
• Powertrain: In Canada, the 3.5-litre V6 is standard, paired with a six-speed automatic and 4WD. A six-speed manual is optional on TRD Sport, Off-Road, and Pro, but it gives up some automated off-road aids.
• Safety package: Toyota Safety Sense is standard and includes forward-emergency braking with pedestrian detection and lane-departure warning. Blind-spot monitoring is optional, so you should check whether a used example has it.
• Infotainment: A 7-inch touchscreen is standard, while an 8-inch system with navigation is available. Apple CarPlay and Android Auto are standard, and wireless charging is available.
• Fuel efficiency: The V6 is rated at 13.0 L/100 km in the city, 10.5 L/100 km on the highway, and 11.9 L/100 km combined.

Which 2020 Toyota Tacoma trim should I buy?

The 2020 Toyota Tacoma is offered in 4 trim levels: SR, TRD Sport, TRD Off-Road, TRD Pro.

Here's the short version:

• SR: This is the entry point, but it is the trim most likely to feel sparse if you want more comfort or convenience features. It makes sense if you want the lowest starting price and can live with a simpler setup.
• TRD Sport: This is the best-value choice for many shoppers because it adds a more appealing mix of equipment without jumping all the way to the most expensive off-road models. It suits you if you want a Tacoma that feels more complete for everyday use.
• TRD Off-Road: This is the one to choose if you want the Tacoma’s off-road character to be the priority. It is the stronger pick for buyers who plan to use the truck’s capability more seriously.
• TRD Pro: This is the most specialised version, with the most aggressive off-road intent and the most distinctive hardware. It suits you if you want the most capable and most visually dramatic Tacoma.

Toyota Safety Sense is standard across the lineup, but blind-spot monitoring remains optional.

Is now a good time to buy a used 2020 Toyota Tacoma?

This is a moderate market for selective buyers, so it pays to compare listings carefully and move quickly on strong examples.

• Deal availability: 24.0% of listings are priced as good or great deals.
• Inventory: There are 183 listings available.
• Price trend: Prices have softened 5.80% compared with last year.

If you find a listing below $40,204 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Toyota Tacoma's resale value?

The current average of $40,204 CAD sits slightly below last year's $42,679 CAD.

That softer pricing suggests the Tacoma is a little easier to buy now than it was a year ago, which can help future sellers if demand stays steady. At the same time, the current market still reflects the model’s strong reputation, so well-kept examples should remain relatively easy to move.

Because the Tacoma is still a desirable midsize truck with a loyal following, depreciation may be slower than average for the segment. Vehicles with solid owner satisfaction ratings, like this model year's 4.32/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Toyota Tacoma safe?

The 2020 Toyota Tacoma is an IIHS Top Safety Pick and earns four-star ratings in frontal crash and side barrier and pole tests, and five-star ratings for rear passengers in NHTSA testing.

It earns an 8/10 safety score from our experts.

Toyota Safety Sense is standard and includes forward-emergency braking with pedestrian detection and lane-departure warning. Blind-spot monitoring is optional, so you should confirm whether a used truck has that extra coverage.

The main caveat is that the Tacoma’s crash-test results are good rather than class-leading, with a lower Acceptable rating in the IIHS small overlap test for the front passenger.

Should I buy a 2020 Toyota Tacoma or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 24.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.80% compared with last year.
• Owners rate it 4.32/5 — a solid satisfaction signal.
• It brings minor design and technology updates while keeping the Tacoma’s core off-road focus.

Consider the 2021 if:

• At $43,475 CAD, the 2021 costs more than the current year's $40,204 CAD average.
• It adds Nightshade and Trail Special Editions.

The bottom line: If you want the better value, the 2020 is the smarter buy because it delivers the Tacoma formula at a lower average price. If you care more about extra trim variety and are willing to pay more, the 2021 is the better alternative.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.