Used 2020 Toyota Tacoma for Sale nearMarkham, ON

How much does the 2020 Toyota Tacoma cost?

Prices have softened 5.93% compared to this time last year, making it a favourable time to shop this model year.

There are 177 listings available, which gives you a reasonable amount of inventory to compare.

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 design, and many also value its practicality and strong off-road capability. The Tacoma’s straightforward layout and useful equipment fit its role as a rugged, capability-first pickup.

The trade-offs are clear: the cabin materials feel cheap, and the base engine is underwhelming. It is best suited to you if you want toughness and utility more than refinement or a polished on-road feel.

Only 25.4% of listings are priced as good or great deals, so the market still rewards shoppers who compare carefully.

Is the 2020 Toyota Tacoma reliable?

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

Drivers describe the Tacoma as reliable and dependable, and they often point to its long-term durability and trouble-free ownership reputation. The expert notes also reinforce that it is built around capability and dependable off-road features.

Toyota’s standard maintenance coverage adds some ownership reassurance, and the truck’s proven mechanical formula should appeal if you want a used pickup you can count on. Even so, you should still watch for wear on a truck that may have been used hard off-road or for towing.

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 setup is more basic than higher trims. You should pay close attention to feature gaps if you want a more comfortable cabin or more upscale equipment.
• Powertrain: In Canada, the 3.5-litre V6 is standard, with 278 horsepower and 265 pound-feet of torque. A six-speed automatic is standard, while a six-speed manual is available on TRD Sport, Off-Road, and Pro models.
• Safety package: Toyota Safety Sense is standard and includes forward-emergency braking with pedestrian detection and lane-departure warning. Blind-spot monitoring is optional.
• 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.

Which 2020 Toyota Tacoma trim should I buy?

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

Here's the short version:

The SR is the trim to focus on if you want the Tacoma’s core capability and standard safety equipment without paying for extra off-road hardware or luxury touches. It suits you best if you value the truck’s rugged personality and straightforward controls more than cabin polish.

Toyota Safety Sense is standard, so you get the key driver-assistance features even at the entry level.

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

This is a moderate market for selective buyers, so it makes sense to shop carefully and compare listings.

• Deal availability: 25.4% of listings are priced as good or great deals.
• Inventory: There are 177 listings available.
• Price trend: Prices have softened 5.93% compared with last year.

If you find a listing below $40,072 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 $40,143 CAD sits slightly below last year's $42,672 CAD.

That softer pricing suggests the Tacoma has moved into a more buyer-friendly phase, which can help you if you are shopping now. For a future seller, it also means there is less immediate upward pressure on used values than there was a year ago.

Even so, the Tacoma’s reputation for reliability and capability should continue to support demand. If you keep mileage reasonable and maintain it well, you should still have a truck that attracts steady interest later.

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 earns an IIHS Top Safety Pick rating and four-star ratings in frontal crash tests and side barrier and pole tests from NHTSA, with five-star ratings for rear passengers.

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 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:

• 25.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.93% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.
• The 2020 brings useful design and technology updates while keeping the Tacoma’s rugged, capability-first character.

Consider the 2021 if:

• At $43,187 CAD, the 2021 costs more than the current year's $40,143 CAD average.
• It adds two special editions and standard dual-zone automatic climate control.

The bottom line: You should lean toward the 2020 if you want the better value and can live with its rough-edged personality. If you want a slightly newer truck and do not mind paying more, the 2021 is the cleaner choice.

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 want standard safety features and simpler tech. The Ranger has the edge if you care more about engine strength and a more stylish design. Both have cabin-material compromises, so your choice comes down to whether safety equipment or performance matters more to you.

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

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.