Used 2023 Toyota Tacoma for Sale nearLondon, ON

How much does the 2023 Toyota Tacoma cost?

Prices have softened 4.59% compared to this time last year, making it a favourable time to shop this model year.

There are 446 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Toyota Tacoma a good car?

Generally — the 2023 Toyota Tacoma earns 4.27/5 from owners and 7.33/10 from expert testing. The standout strength is Look and feel at 9/10.

Owners repeatedly praise its reliability, sturdy build, strong resale value, and rugged versatility. The Tacoma also gets credit for its performance and off-road capability, which fits its tough, purposeful character.

The trade-offs are clear: the cabin can feel tight, the technology is dated, and comfort is not its strongest suit. That makes it a better fit if you want a durable, right-sized truck for work and adventure than if you prioritise a plush interior or the latest features.

With 31.4% of listings marked as good or great deals, there is still enough market activity to find a competitive example.

Is the 2023 Toyota Tacoma reliable?

Owners rate it 4.27/5, a solid signal of long-term satisfaction.

The owner feedback points to a truck that feels reliable, dependable, and trouble-free over the long haul. Reviewers also highlight its sturdy build and strong resale value, which reinforces the sense that you can count on it for extended ownership.

Expert testing echoes that reputation with language about bullet-proof reliability and a hard-earned reputation for durability. Toyota’s first scheduled maintenance visit is on the house, which helps soften early ownership costs.

For used buyers, the main long-term risk is not catastrophic reliability so much as living with an older-feeling truck that may ask you to compromise on refinement and technology.

What should I look for when buying a used 2023 Toyota Tacoma?

Key things to evaluate:

• Trim level: The Tacoma ranges from a spartan base model to better-equipped versions with available leather upholstery and soft-touch materials. The base trim is the most stripped-down, so check whether the truck you’re considering has the comfort and convenience features you want.
• Powertrain: In Canada, you get the standard 3.5-litre V6 with 278 horsepower and 265 pound-feet of torque, paired with a six-speed automatic or available six-speed manual. All Canadian Tacomas come with standard 4WD.
• Safety package: Toyota Safety Sense includes automatic emergency braking with pedestrian detection, adaptive cruise control, lane-departure alert, and automatic high beams. Higher trims can add blind-spot monitoring, rear- and side parking distance sensors, and a surround-view camera, while lane-keeping assist and rear automatic emergency braking are not included.
• Infotainment: Base trims use a 7-inch touchscreen, while higher trims get an 8-inch screen. Bluetooth, Apple CarPlay, Android Auto, and SiriusXM are included, and wireless charging is available on higher trims.
• Fuel efficiency: Natural Resources Canada estimates 13.0 L/100 km in the city, 10.5 on the highway, and 11.9 combined. Manual-transmission models are rated at 13.8/11.4/12.7 L/100 km, while TRD Off-Road and TRD Pro versions rise slightly to 13.8/11.7/12.9 L/100 km.

Which 2023 Toyota Tacoma trim should I buy?

The 2023 Toyota Tacoma is offered in 6 trim levels: base standard package, SR5, TRD Sport, TRD Off-Road, TRD Pro, Trail Special Edition, and Nightshade Edition.

Here's the short version:

• base standard package: This is the most basic Tacoma, so it makes sense only if you want the lowest entry point and can live without the nicer materials and extra equipment found higher up the range.
• SR5: This is the sensible step up if you want a more balanced everyday truck without jumping into the more specialised off-road trims.
• TRD Sport: Choose this if you want a more style- and road-focused Tacoma with a stronger feature set than the lower trims.
• TRD Off-Road: This is the best-value choice for many shoppers because it adds the off-road hardware and capability that define the Tacoma without going all the way to TRD Pro pricing.
• Trail Special Edition: Pick this if you want a more distinctive Tacoma with a specific special-edition flavour.
• Nightshade Edition: This is the trim for you if appearance matters most and you want a darker, more upscale look.

Toyota Safety Sense is standard, but higher trims add more driver-assistance equipment, so check carefully if you want blind-spot monitoring or parking sensors.

Is now a good time to buy a used 2023 Toyota Tacoma?

This is a moderate market for selective buyers who are willing to compare listings carefully.

• Deal availability: 31.4% of listings are priced as good or great deals.
• Inventory: There are 446 listings available.
• Price trend: Prices have softened 4.59% compared with last year.

If you find a listing below $47,371 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota Tacoma's resale value?

The current average of $48,497 CAD sits slightly below last year's $50,830 CAD.

That softer pricing suggests the Tacoma is still holding value reasonably well, but buyers have a bit more leverage than they did a year ago. If you plan to sell later, the current trend implies you may not see the same peak pricing that stronger market conditions delivered previously.

Even so, the Tacoma’s reputation for durability and broad appeal should continue to support demand. Well-kept examples with the right trim and equipment are likely to remain easier to move than many rivals.

Vehicles with solid owner satisfaction ratings, like this model year's 4.27/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Toyota Tacoma safe?

The 2023 Toyota Tacoma was not awarded a Top Safety Pick award from the Insurance Institute for Highway Safety (IIHS), and it earns four-star ratings overall from NHTSA, with five-star ratings in side-impact tests and four-star ratings in frontal crash and rollover tests.

It earns a 7/10 safety score from our experts.

Toyota Safety Sense is standard and includes automatic emergency braking with pedestrian detection, adaptive cruise control, lane-departure alert, and automatic high beams. Higher trims can add blind-spot monitoring, rear- and side parking distance sensors, and a surround-view camera.

The main caveat is that the Tacoma does not include lane-keeping assist or rear automatic emergency braking, so its driver-assistance suite is less comprehensive than what you’ll find in some newer rivals.

Should I buy a 2023 Toyota Tacoma or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 31.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.59% compared with last year.
• Owners rate it 4.27/5 — a solid satisfaction signal.
• It offers strong reliability, rugged capability, and a proven formula before the next-generation redesign.

Consider the 2022 if:

• At $43,951 CAD, the 2022 costs less than the current year's $48,497 CAD average.
• It suits commuters who also want a capable weekend adventure truck.

Consider the 2024 if:

• At $53,791 CAD, the 2024 costs more than the current year's $48,497 CAD average.
• It brings a ground-up redesign with a newer foundation and a more modern powertrain.

The bottom line: If you want the familiar Tacoma formula and a better price than the newest redesign, the 2023 is the safer middle ground. If you’re focused on saving money, the 2022 is the value play; if you want the newest hardware and can spend more, the 2024 is the upgrade path.

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