Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 TOYOTA TUNDRA's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2023 TOYOTA TUNDRA in 2023 was $50,857.
The average price for used 2023 TOYOTA TUNDRA nowadays in 2024 is $56,989 which is 112% from the original price.
Estimated mileage driven per year is 11,272 miles.
The graph below is a depreciation curve for 2023 TOYOTA TUNDRA. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA TUNDRA in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $50,857 | — | — | 100% | 0% |
| 2023 | 11,272 mi | $59,999 | −$9,142 | −17.98% | 117.98% | -17.98% |
| 2024 | 22,544 mi | $56,989 | +$3,010 | +5.02% | 112.06% | -12.06% |
| 2025 | 33,816 mi | $48,974 | +$8,015 | +14.06% | 96.3% | 3.7% |
| 2026 | 45,088 mi | $42,729 | +$6,245 | +12.75% | 84.02% | 15.98% |
| 2027 | 56,360 mi | $40,764 | +$1,965 | +4.6% | 80.15% | 19.85% |
| 2028 | 67,632 mi | $38,500 | +$2,264 | +5.55% | 75.7% | 24.3% |
| 2029 | 78,904 mi | $35,499 | +$3,001 | +7.79% | 69.8% | 30.2% |
| 2030 | 90,176 mi | $32,990 | +$2,509 | +7.07% | 64.87% | 35.13% |
| 2031 | 101,448 mi | $29,981 | +$3,009 | +9.12% | 58.95% | 41.05% |
| 2032 | 112,720 mi | $27,988 | +$1,993 | +6.65% | 55.03% | 44.97% |
| 2033 | 123,992 mi | $25,606 | +$2,382 | +8.51% | 50.35% | 49.65% |
| 2034 | 135,264 mi | $21,990 | +$3,616 | +14.12% | 43.24% | 56.76% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA TUNDRA’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2023 TOYOTA TUNDRA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA TUNDRA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $59,999 | 79 sales |
| 5,000 mi | $58,998 | 494 sales |
| 10,000 mi | $57,992 | 702 sales |
| 15,000 mi | $56,673 | 442 sales |
| 20,000 mi | $55,056 | 286 sales |
| 25,000 mi | $54,999 | 178 sales |
| 30,000 mi | $52,284 | 92 sales |
| 35,000 mi | $52,912 | 42 sales |
| 40,000 mi | $55,999 | 20 sales |
| 45,000 mi | $52,982 | 14 sales |
| 50,000 mi | $48,464 | 11 sales |
Frequently asked questions
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Proper maintenance and good condition can slow the depreciation of a 2023 TOYOTA TUNDRA by making it more attractive to potential buyers, thereby preserving more of its value.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Other years of TOYOTA TUNDRA
2000 TOYOTA TUNDRA
$8,997 average used price
3,900+ sales records
2004 TOYOTA TUNDRA
$10,995 average used price
7,900+ sales records
2013 TOYOTA TUNDRA
$21,990 average used price
35,500+ sales records
2017 TOYOTA TUNDRA
$32,990 average used price
89,700+ sales records
2019 TOYOTA TUNDRA
$38,500 average used price
109,700+ sales records
2021 TOYOTA TUNDRA
$42,729 average used price
92,100+ sales records
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2023 TOYOTA TUNDRA on BADVIN
