One of the things I love about my 2017 Tacoma is how well Toyota trucks hold their value. I keep track of the annual depreciation of my vehicles in my financial software, and was recently looking at the values for my Tacoma according to KBB. I was expecting to see minor depreciation, but instead was surprised to see values appreciate to a range with a high end slightly above what I paid for the truck.
I'm guessing in addition to the increased demand for used vehicles, the appreciating values are possibly also due to rising costs of new vehicles. For example, an equivalent 2021 model of my truck now costs about $4k more than what mine listed for.
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Delivered in Munich, broken in on the Nurburgring.
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