Used 2020 Toyota Tacoma for Sale nearPeterborough, ON

How much does the 2020 Toyota Tacoma cost?

Prices have softened 5.49% compared to this time last year, making it a favourable time to shop this model year.

There are 179 listings available, which gives you a modest amount of choice in the used market.

Is the 2020 Toyota Tacoma a good car?

Generally — the 2020 Toyota Tacoma earns a 4.32/5 user rating and a 7.5/10 expert rating. The model scores 8/10 across Look and feel, Form and function, and Safety.

Drivers repeatedly praise its reliability, performance, and design, and many also value its practicality and strong off-road capability. The trade-offs are familiar: the cabin materials feel cheap, and some shoppers will miss features such as heated seats and navigation.

That fits the Tacoma’s role as a midsize pickup aimed at buyers who want capability and a straightforward setup more than polish. With 26.8% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2020 Toyota Tacoma reliable?

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

User feedback points to reliability, dependability, and trouble-free ownership as recurring strengths, with many drivers saying they can count on it for practical use and off-road duty. The expert assessment also describes the Tacoma as a vehicle with dependable off-road features and a reputation that keeps buyers coming back.

Toyota’s standard maintenance coverage language is not detailed here, but the truck’s simple, proven mechanical setup supports confidence for long-term ownership. For used buyers, the main risk is paying strong money for a truck that still feels rough around the edges.

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

Key things to evaluate:

• Trim level: The Tacoma’s trims differ most in equipment and off-road hardware. The base setup is more basic, while higher trims add features such as 18-inch alloy wheels on the Limited and more aggressive off-road styling and hardware on TRD models.
• 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 TRD Sport, Off-Road, and Pro.
• Safety package: Toyota Safety Sense is standard and includes forward-emergency braking with pedestrian detection, lane-departure warning, adaptive cruise control, and automatic high beams. 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: 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, and TRD Pro.

Here's the short version:

• SR: This is the entry point, so it makes sense if you want the Tacoma’s core capability and standard safety tech without paying for extra off-road hardware or appearance upgrades.
• TRD Sport: This is the best-value choice if you want a more appealing middle ground, since it adds more equipment and is called out as the way to go for several grand less than the more specialised trims.
• TRD Off-Road: This is the one to target if you want the Tacoma’s off-road focus without jumping all the way to the most expensive version; CarGurus recommends it with the long bed.
• TRD Pro: Choose this if you want the most aggressive off-road hardware and the most distinctive look, but expect to pay the most.

Toyota Safety Sense is standard across the lineup, so you do not need to move up a trim just to get the core driver-assistance suite.

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: 26.8% of listings are priced as good or great deals.
• Inventory: There are 179 listings available.
• Price trend: Prices have softened 5.49% compared with last year.

If you find a listing below $40,181 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 $40,194 CAD sits slightly below last year's $42,527 CAD.

That softer pricing suggests the Tacoma is not as expensive to buy used as it was a year ago, which can help future sellers if they buy at the right price today. At the same time, the truck’s strong reputation and steady demand should continue to support values better than many rivals. If you pay near the top of the range, though, your resale upside will be more limited.

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 Tacoma earns four-star ratings in frontal crash and side barrier and pole tests, and five-star ratings for rear passengers in NHTSA testing. It is also an IIHS Top Safety Pick, with Good ratings in five of six crash tests and an Acceptable result in the front passenger small overlap test.

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

Toyota Safety Sense is standard and includes forward-emergency braking with pedestrian detection, lane-departure warning, adaptive cruise control, and automatic high beams. Blind-spot monitoring is optional.

The main caveat is the lower Acceptable IIHS result in the small overlap test, which is worth keeping in mind if safety is a top priority.

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:

• 26.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 5.49% compared with last year.
• Owners rate it 4.32/5 — a solid satisfaction signal.
• The 2020 brings minor design and technology updates while keeping the Tacoma’s dependable off-road character.

Consider the 2021 if:

• At $43,538 CAD, the 2021 costs more than the current year's $40,194 CAD average.
• It adds standard dual-zone automatic climate control.

The bottom line: If you want the better value, the 2020 is the smarter buy because it offers the Tacoma’s core strengths at a lower average price. If you are willing to spend more for a slightly newer model with a small comfort upgrade, the 2021 is the cleaner alternative.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.