Do Toyota SUVs Hold Their Value Well? (6 models checked)

Toyota vehicles have a reputation for dependability, reliability, and value retention over much of the competition. The Toyota RAV4 surpassed the Toyota Corolla as the world’s best-selling vehicle in 2021. It also has a higher resale value than other SUVs in its class.

The Toyota RAV4 also has one of the best depreciation values of any vehicle, SUV or otherwise.

However, every Toyota SUV reviewed here holds its value well, which is one of the most desirable traits of any Toyota.

First, make sure you’re familiar with the impressive SUV lineup from Toyota.

Do Toyota SUVs hold their value well?

Toyota’s hold their value better than all other SUVs except for the Jeep Wrangler. At 5 years of age, the depreciation of the 4Runner is less than 20 percent (80 percent value left). At 10 years old, the Toyota 4Runner maintains 55 percent of its value if it has been maintained well.

Not bad at all!

Depreciation per year for the Toyota Highlander (Current β€” forward)

  • One year old? 12-14% value lost
  • Two years old? 12-14% value lost
  • Three years old? 13-15% value lost
  • Five years old? 20-22% value lost
  • Seven years old? 33-36% value lost
  • Ten years old? 50-54% value lost

As noted, even when ten years of age, the Toyota Highlander maintains almost 50 percent of its original value.

Not many cars can claim half of their remaining value at ten years of age. So even these days, the Toyota SUVs stand out when used vehicles sell at a premium.

You can check the best and worst years for Highlander here.

Depreciation per year for the Toyota Highlander Hybrid (Current β€” forward)

  • One year old? 3.81% value lost
  • Two years old? 13.09% value lost
  • Three years old? 14.60% value lost
  • Five years old? 22.13% value lost
  • Seven years old? 32.83% value lost
  • Ten years old? 50.89% value lost

Like the petrol-fueled Toyota Highlander, the Hybrid model holds close to 50 percent of its value at ten years of age.

Since these vehicles are top-rated, and fewer units are made than their siblings, the resale is high and will likely remain so in the foreseeable future.

Depreciation per year for the Toyota Sequoia (Current β€” forward)

  • One year old? 11-13% value lost
  • Two years old? 14-16% value lost
  • Three years old? 145-18% value lost
  • Five years old? 28-31% value lost
  • Seven years old? 43-45% value lost
  • Ten years old? 58-60% value lost

As the largest SUV in Toyota’s lineup, Sequoia dominates their sector of the SUV market.

The fact that they retain over 40 percent of their value when ten years old is an indication of their value.

Many SUVs have high resale value; however, the Sequoia is one of only a few with the towing and seating capacity of only a handful of SUVs on the market.

Check here how long the Toyota Sequoia models last

Depreciation per year for the Toyota 4-Runner (Current β€” forward)

  • One year old? 9.04% value lost
  • Two years old? 11.00% value lost
  • Three years old? 13.00% value lost
  • Five years old? 19.36% value lost
  • Seven years old? 28.25% value lost
  • Ten years old? 44.98% value lost

The 4-Runner has the highest resale value over any other Toyota SUV. At 10 years old, they maintain over 55 percent of their original value.

Built with pickup truck-like, body-on-frame construction, the 4Runner has a stronger foundation and better off-road ability than uni-body SUVs.

It is also another reason for its popularity and high resale value.

Here you can check the best and worst years for Toyota 4Runner.

Depreciation per year for the Toyota RAV-4 (Current β€” forward)

  • One year old? 12-14% value lost
  • Two years old? 15-17% value lost
  • Three years old? 16-18% value lost
  • Five years old? 21-23% value lost
  • Seven years old? 27-30% value lost
  • Ten years old? 45-49% value lost

The Toyota RAV4 has been on the market for fewer years than the 4-Runner. However, it has become trendy since its debut in 1994, and its popularity has increased to eclipse the iconic Corolla sales.

We have an article here about why the Rav4 model is SO popular.

This dynamic may change with the introduction of the Toyota Corolla Crossover.

But for now, the RAV4 remains one of the most popular compact SUVs in the country.

Here’s a rundown of the best and worst years for the Toyota Rav4 SUVs.

Depreciation per year for the Toyota RAV-4 Prime Hybrid (2016 to Current)

  • One year old? 3.81% value lost
  • Two years old? 13.09% value lost
  • Three years old? 14.6%value lost
  • Five years old? 22.13% value lost

Since the Toyota RAV-4 Prime didn’t come to market until 2016, these are the only years available for comparison.

As you can see, however, a RAV-4 Prime that is five years old loses less value than any other Toyota SUV.

Do Toyota SUVs Depreciate Faster Than Other Models/Brands?

Toyota SUVs depreciate slower than other brands of SUVs, and only a few can beat them for value at any age. However, Jeep Wrangler has the highest resale of all SUVs.

However, the Jeep Wrangler can beat any other SUV for a low depreciation rate. But, the Toyota 4Runner gives Jeep a run for its money with stellar dependability and popularity.

You’ll also find that Ford SUVs depreciate faster than Toyota SUVs.

Which Models Depreciate The LEAST?

The Toyota 4-Runner and the RAV4 are valued better than other SUVs sold by Toyota and most other brands.

In addition, the RAV4 has reached a stage of development that has surpassed the venerable Corolla in sales.

The Corolla still holds its own for low depreciation and high resale value. However, Toyota SUVs, especially the 4Runner and RAV4, lead the way in maintaining their value.

Which Models Depreciate The MOST?

Of the various SUVs made by Toyota, the Sequoia has the lowest resale value over its stable mates.

However, it is a big, expensive SUV and is perfect if you need space for seven or eight passengers, cavernous cargo space, or a tow vehicle.

However, the Sequoia is expensive to operate and maintain for all its attributes. Built on the Tundra frame, the Sequoia is truck-heavy. It returns an estimated 19 City/ 24 highway miles and 22 miles per gallon combined.

Put a full load in the cab, and hook a trailer to its bumper; that mileage will melt away rapidly.

The cost of operation is a factor when looking at the resale value of any SUV. However, considering the MSRP of a Sequoia, compared to its resale value, it is justifiable if you use it for business or can afford the expense of ownership.

However, the Toyota Sequoia is a highly dependable SUV with the power to tow a boat or a travel trailer. These uses are what make Sequoia appealing to many owners.

There are also some problems with the Sequoia that adds to the high depreciation factor.

Some are unique – others apply to other models as well.

For a full overview of problems across all the Toyota SUVs, click here.

8 Ways to maintain the Value of Your Toyota SUV

Buying the right car that holds its value is the first move toward having an SUV that will last longer than your payments.

Of course, it takes more than a great brand to give you an SUV with longevity, but it’s an excellent place to start. So is proper maintenance and care.

How you take care of your SUV determines what your Toyota SUV will be worth a year or five from now.

rav4 open trunk

Rav4 cargo space overview.

Several issues are considered in a vehicle’s valuation.

  1. Mileage β€” the lower the mileage, the higher the resale
  2. Overall condition – inside and out (shiny blemish free paint and spotless interior)
  3. Trim level β€” a vehicle’s trim level is a factor in its final cost and resale value.
  4. Maintenance: tires, brakes, oil changes, transmission service
  5. Keep the exterior clean and waxed.
  6. Have all maintenance performed promptly.
  7. Take care of recall issues immediately.
  8. Keep all service records for your vehicle.

If you make these maintenance steps, the practice you follow, your Toyota, will be worth top dollar when you get ready to sell.

Toyota SUVs hold their value very well.

Whether you are in the market for a new or used SUV, it is as easy to buy one with a high resale value as not. But, unfortunately, many vehicles lose their worth when you drive them from the lot.

That’s not so with a Toyota SUV.

Check also here how the Hyundai SUVs hold their value.

Instead, even the lowest-level model Toyota SUVs retain their value well.

A Toyota SUV may cost more when you buy it. However, that cost will translate to a higher resale value regardless of age.

The reliability of a Toyota, paired with the excellent resale value, makes any model SUV they sell an intelligent buy.

Was this article helpful? Like Dislike
Great!

Click to share...

Did you find wrong information or was something missing?
We would love to hear your thoughts! (PS: We read ALL feedback)