Used Toyota Tacoma for Sale near Iona Station, ON

How much does the Toyota Tacoma cost in today's market?

Used Toyota Tacoma prices span a wide range depending on model year. Here's what the market looks like right now:

The Toyota Tacoma's current nationwide average price is $45,156 CAD, and its nationwide average price reached a low of $44,235 CAD over the past year.

Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Toyota Tacoma a good car?

Yes — the Toyota Tacoma is a strong used-truck choice if you value durability, resale strength, and off-road capability.

The all-generations owner rating is 4.5/5 across every model year in the data.

Owners consistently praise the Tacoma for its reliability, rugged design, and strong resale value. Across the model years, the truck also earns repeat praise for off-road ability and everyday usefulness, especially for buyers who want a capable pickup with a proven reputation.

Expert reviews rate the 2024 and 2022 models among the highest across all years.

The main trade-offs show up in cabin refinement, with recurring notes about noisy cabins, cramped rear seating, and interior materials that lean functional. Recent expert reviews also point to fuel economy and some tech and comfort details as the biggest compromises.

30.5% of listings are priced as good or great deals.

Are Toyota Tacoma models reliable?

Owners consistently describe the Tacoma as durable, dependable, and well suited to long-term ownership. Expert reviews echo that reputation with repeated praise for reliability, resale strength, and the truck’s rugged character.

• Owners rate the Toyota Tacoma between 4.2 and 5 out of 5 stars across all model years in the data.

For used buyers, the long-term ownership risk is generally shaped more by age, mileage, and how the truck was used than by the model’s core reputation.

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

Key things to evaluate:

• Safety package: Toyota Safety Sense 3.0, with adaptive cruise control, forward collision warning with pedestrian detection, automatic emergency braking, lane departure warning, lane keep assist, lane centring assist, road sign assist, and high beam assist.
• Infotainment: Toyota Audio Multimedia with a 14-inch touchscreen, a 12.3-inch digital instrument cluster, wireless Apple CarPlay and Android Auto, and connected services plans.
• Fuel efficiency: According to Natural Resources Canada and the test truck’s window sticker, the TRD Pro should have consumed 10.3 litres per 100 kilometres in combined driving. Driving only in Eco mode, we observed 13.4 L/100 km on our fuel economy testing loop.

Which Toyota Tacoma trim should I buy?

The 2026 Toyota Tacoma offers these trims:

• SR5: A core non-hybrid choice that starts the lineup and suits buyers who want the Tacoma’s broad capability and configuration range.
• SR5+: Adds another step up in equipment while staying within the non-hybrid side of the lineup.
• TRD Sport: A sport-oriented version for shoppers who want a more road-focused personality.
• TRD Off-road: Adds off-road hardware and capability for trail-minded buyers.
• TRD Sport+: Builds on the sport trim with more equipment.
• TRD Off-road+: Adds more equipment to the off-road formula.
• TRD Sport Premium: A better-equipped sport trim for buyers who want more comfort and features.
• TRD Off-road Premium: The best-value off-road choice for shoppers who want added equipment and trail capability.
• Limited: A hybrid-only trim aimed at buyers who want a more upscale Tacoma.
• TRD Pro: The most off-road-focused trim, with standard 4WD, a cold-air performance intake, a locking rear differential, Multi-Terrain Select, Downhill Assist Control, Crawl Control, a front skid plate, a suspension lift, and Fox Quick Switch 3 shocks.
• Trailhunter: A hybrid-only trim for buyers who want a rugged, adventure-ready Tacoma.

What Toyota Tacoma do most buyers choose?

The Toyota Tacoma years with the most listings are 2024, 2023, and 2025.

Those higher-volume years tend to attract more shoppers because they offer a strong mix of availability, newer features, and a wide spread of prices. More listings also give you a better chance of finding the colour, trim, and equipment combination you want.

What is the Toyota Tacoma's resale value?

Most Tacoma model years are down year over year, which is good news if you’re shopping used because prices have generally softened. The biggest drops are concentrated in older and newer model years, while a few years have moved down only slightly.

The 2018, 2023, and 2020 model years have held their value best, with the smallest year-over-year price changes.

Is the Toyota Tacoma safe?

• 2026: 4/10
• 2024: 8/10
• 2023: 7/10
• 2022: 9/10
• 2021: 7/10
• 2020: 8/10

Every 2026 Tacoma has Toyota Safety Sense 3.0 (TSS 3.0), which includes adaptive cruise control, forward collision warning with pedestrian detection, automatic emergency braking, lane departure warning, lane keep assist, lane centring assist, road sign assist, and high beam assist.

For the safest used buy, the 2022 model posts the highest confirmed score of 9/10.

Should I buy a used Toyota Tacoma now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −14.76% versus a year ago, and the 2024 model is at −7.44%.
• Deal availability: The 2025 model has 36.7% good and great deals, and the 2024 model has 36%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $52,922 CAD. The Toyota Tacoma offers a rugged, versatile character that suits daily driving, work use, and off-road adventures.

Consider waiting if:

• Powertrain/efficiency: A 2.4-litre turbocharged four-cylinder engine is standard and comes with an eight-speed automatic transmission or, in two configurations, a six-speed manual, while the i-Force Max hybrid bumps power and torque to 326 hp and 465 lb-ft.
• Tech: Our TRD Pro tester had the larger 12.3-inch digital instrument cluster and 14-inch touchscreen, and wireless Apple CarPlay and Android Auto are standard.
• Safety: Every 2026 Tacoma has Toyota Safety Sense 3.0 (TSS 3.0), which includes adaptive cruise control, forward collision warning with pedestrian detection, automatic emergency braking, lane departure warning, lane keep assist, lane centring assist, road sign assist, and high beam assist.
• Starting price: Canadian prices range from $50,825 CAD to $87,257 CAD, including the $1,930 destination charge.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2024 Toyota Tacoma compare to the 2024 Ford Ranger?

Expert Pros & Cons (per CarGurus review team)

2024 Toyota Tacoma:

• Pros: Excellent reputation for reliability, Great off-road capability, Standard advanced driver-assistance tech.
• Cons: Noisy cabin, Manual-adjust seats can be troublesome, Interior skews functional even in the top trim.

2024 Ford Ranger:

• Pros: Multiple powertrain options, Great handling, Quiet cabin.
• Cons: Interior materials feel cheap, Sluggish touchscreen response, Advanced safety features are not standard.

Our experts score the 2024 Toyota Tacoma 7.8/10 and the 2024 Ford Ranger 7.2/10. The Tacoma stands out for its reliability reputation, off-road ability, and standard driver-assistance tech, while the Ranger leans on its multiple powertrain options, handling, and quieter cabin. The Ranger’s lower starting price and lower average used price may appeal if you want to spend less, but the Tacoma brings stronger resale strength and a much larger pool of listings.

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