Used 2020 Toyota Tacoma for Sale nearLondon, ON

How much does the 2020 Toyota Tacoma cost?

Prices have softened 4.31% compared to this time last year, making it a favourable time to shop this model year.

There are 183 listings available, which gives you a decent amount of choice in the used market.

Is the 2020 Toyota Tacoma a good car?

Generally — the 2020 Toyota Tacoma earns a 4.3/5 user rating and a 7.5/10 expert rating. The model scores 8/10 across Look and feel, Form and function, and Safety.

Drivers consistently praise its reliability, performance, and practicality, and they also like its strong off-road capability. The Tacoma’s rugged character and straightforward design fit buyers who want a capable midsize pickup more than a polished one. On the downside, the cabin materials feel cheap and the base engine is underwhelming, so it suits you best if you value toughness and utility over refinement. With 27.9% of listings marked as good or great deals, there is some room to shop selectively.

Is the 2020 Toyota Tacoma reliable?

Owners rate it 4.3/5, a solid signal of long-term satisfaction.

User feedback points to reliability, durability, and a truck you can count on over time. The expert notes also describe it as dependable and capable, especially when you want a vehicle that can handle rough use and off-road duty. Toyota’s standard maintenance and ownership experience is part of the appeal, but the Tacoma’s long-term ownership risk for used buyers is mainly tied to its age, rougher ride, and higher running costs than some rivals.

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

Key things to evaluate:

• Trim level: The Tacoma’s trims vary in equipment, and the base versions are more basic than the higher-end models. You’ll want to check whether the truck has the features you expect, since some conveniences are optional rather than standard.
• Powertrain: In Canada, the 3.5-litre V6 is standard, with 278 horsepower and 265 pound-feet of torque. A six-speed automatic and 4WD are standard, while a six-speed manual is optional on some TRD models and gives you more control off-road.
• 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 confirm whether the truck you’re considering has it.
• Infotainment: A 7-inch touchscreen is standard, while an 8-inch unit with navigation is available. Apple CarPlay and Android Auto are standard, and wireless charging is available.
• Fuel efficiency: Fuel consumption is listed at 13.0 L/100 km in the city, 10.5 L/100 km on the highway, and 11.9 L/100 km combined for the V6.

Which 2020 Toyota Tacoma trim should I buy?

The 2020 Toyota Tacoma is offered in 1 trim level: Access Cab SR.

Here's the short version:

The SR is the entry point, so it makes sense if you want the Tacoma’s core capability at the lowest starting price. If you want more equipment or a better fit for off-road use, the expert notes point you toward higher trims and TRD variants, with the TRD Off-Road singled out as the recommended choice and the TRD Sport as the lower-cost alternative. The safety package is strong across the lineup, with Toyota Safety Sense standard.

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.

• Deal availability: 27.9% of listings are priced as good or great deals.
• Inventory: There are 183 listings available.
• Price trend: Prices have softened 4.31% compared with last year.

If you find a listing below $40,080 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 $40,156 CAD sits slightly below last year's $41,964 CAD.

That softer pricing suggests future sellers may face a more competitive market than they did a year ago. If you buy at the right price and keep the truck in good condition, you should still benefit from the Tacoma’s strong reputation and steady buyer interest. The model’s loyal following helps support demand, even when prices move down.

Vehicles with solid owner satisfaction ratings, like this model year's 4.3/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Toyota Tacoma safe?

The 2020 Toyota Tacoma scored four-star ratings in frontal tests and side barrier and pole tests from NHTSA, with five-star ratings for rear passengers, and it earns an IIHS Top Safety Pick rating.

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. The Tacoma’s lower Acceptable result in the small overlap test is the main caveat to keep in mind.

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:

• 27.9% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.31% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.
• The 2020 adds important design and technology updates while keeping the Tacoma’s rugged, dependable character.

Consider the 2021 if:

• At $43,013 CAD, the 2021 costs more than the current year's $40,156 CAD average.
• It adds dual-zone automatic climate control and two new special editions.

The bottom line: If you want the better value, the 2020 is the smarter buy because it combines a lower average price with strong owner satisfaction and useful updates. If you’re willing to pay more for a slightly fresher model year and a few extra features, the 2021 is the secondary path to consider.

How does the 2020 Toyota Tacoma compare to the 2020 Ford Ranger?

Expert Pros & Cons (per CarGurus review team)

2020 Toyota Tacoma:

• Pros: Easy-to-use technology, Standard advanced safety features.
• Cons: Interior materials feel cheap, Underwhelming base engine.

2020 Ford Ranger:

• Pros: Stylish design, Powerful engine.
• Cons: Interior materials feel cheap, Advanced safety features are not standard.

Our experts score the 2020 Toyota Tacoma 7.5/10 and the 2020 Ford Ranger 8/10. The Tacoma is the better pick if you value standard safety tech and simpler, easier-to-use technology. The Ranger has the edge if you want stronger engine performance and a more stylish look. Both have cabin-material drawbacks, so your choice comes down to whether safety equipment or power matters more to you.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.