Used 2023 Toyota Tacoma for Sale nearPeterborough, ON

How much does the 2023 Toyota Tacoma cost?

Prices have softened 4.53% compared to this time last year, making it a favourable time to shop this model year.

There are 449 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 a 4.27/5 user rating and a 7.33/10 expert rating. The standout strength is Look and feel at 9/10.

Owners repeatedly praise its reliability, rugged build, and off-road capability, and they also point to strong resale value as part of its appeal. The Tacoma’s use case is clear: it suits you best if you want a durable, versatile truck that feels right-sized for commuting, weekend projects, and outdoor trips.

The trade-offs are just as consistent: fuel economy is poor, the back seat is cramped, and the technology feels dated. Even so, the market still shows 34.1% good or great deals, which means there are still some attractive listings if you shop carefully.

Is the 2023 Toyota Tacoma reliable?

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

User feedback repeatedly describes the Tacoma as reliable, dependable, and built for long-term use, with many owners saying they feel confident counting on it. The expert assessment also reinforces that reputation, calling out its bullet-proof reliability and sturdy character.

That said, used buyers should still weigh age-related wear, especially if the truck has seen hard use off-road or as a work vehicle.

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

Key things to evaluate:

• Trim level: The Tacoma ranges from a base standard package up through SR5, TRD Sport, TRD Off-Road, TRD Pro, Trail Special Edition, and Nightshade Edition. Base trim is spartan, while higher trims add more comfort and capability; the TRD Pro stands out with underbody skid pads, a TRD-tuned suspension, a locking rear differential, and other off-road-focused hardware.
• Powertrain: In Canada, you get the 3.5-litre V6 with 278 horsepower and 265 pound-feet of torque, plus a six-speed automatic or available six-speed manual. It is capable, but it is not especially quick, and the truck can feel noisy on the highway.
• 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, but you do not get lane-keeping assist or rear automatic emergency braking.
• Infotainment: Base trims use a 7-inch touchscreen, while higher trims get an 8-inch unit. All Tacomas include Bluetooth, Apple CarPlay, Android Auto, and SiriusXM, and wireless charging is available on higher trims.
• Fuel efficiency: Natural Resources Canada estimates 13.0 L/100 km city, 10.5 L/100 km highway, and 11.9 L/100 km combined for the automatic V6. Manual 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: SR5, TRD Sport, TRD Off-Road, TRD Pro, Trail Special Edition, and Nightshade Edition.

Here's the short version:

• SR5: This is the entry point if you want the Tacoma’s core toughness and standard 4WD without paying for extra equipment you may not need. It makes sense if you value the truck’s basic durability and can live with the simpler cabin.
• TRD Sport: This is the better fit if you want a more polished everyday truck with a stronger feature mix than the base trim, while still staying below the off-road-focused models.
• TRD Off-Road: This is the best-value choice for many shoppers because it adds more capability-oriented hardware and suits you if you want a Tacoma that is genuinely ready for rougher terrain.
• TRD Pro: This is the one to buy if off-road performance is your priority. It adds the most serious hardware and is the trim that best matches the Tacoma’s rugged image.
• Trail Special Edition: Choose this if you want a more distinctive Tacoma with a specific appearance and utility angle, rather than the most capability per dollar.
• Nightshade Edition: Pick this if style matters most and you want a Tacoma with a more upscale visual presentation.

Toyota Safety Sense is standard, but higher trims can add blind-spot monitoring, rear- and side parking distance sensors, and a surround-view camera.

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

This is a moderate market for selective buyers, so you should shop with a clear target and compare listings carefully.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 449 listings available.
• Price trend: Prices have softened 4.53% compared with last year.

If you find a listing below $47,361 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 $48,477 CAD sits slightly below last year's $50,776 CAD.

That softer pricing can help you buy more carefully now, but it also suggests the market has already adjusted downward from a year ago. If you plan to sell later, the Tacoma’s strong reputation and broad appeal should help support demand, especially for well-kept examples with desirable trims and clean histories.

Because the model continues to attract buyers who want durability and versatility, resale should remain relatively resilient compared with less established trucks. 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 a four-star overall rating from NHTSA, with five-star ratings in side-impact tests and lower marks 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 offer lane-keeping assist or rear automatic emergency braking, so its driver-assistance suite is less comprehensive than what you may find in 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:

• 34.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.53% compared with last year.
• Owners rate it 4.27/5 — a solid satisfaction signal.
• It pairs strong reliability with proven off-road capability and a familiar, rugged setup.

Consider the 2022 if:

• At $43,630 CAD, the 2022 costs less than the current year's $48,477 CAD average.
• It offers modern tech and safety features for buyers who want a smaller truck alternative.

Consider the 2024 if:

• At $53,851 CAD, the 2024 costs more than the current year's $48,477 CAD average.
• It brings a ground-up redesign with a newer platform and a more modern powertrain.

The bottom line: If you want the proven Tacoma formula, the 2023 is the safer all-around pick because it balances strong owner satisfaction, solid market availability, and a softer price trend. If your budget is tighter, the 2022 is the better value play; if you want the newest design and can spend more, the 2024 is the upgrade path to consider.

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