Used 2016 Toyota Tundra Cost to Own

Total 5-Year Ownership Costs

Tundra CrewMax Cab

SR5 FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$50,026*

Total Cash Price

$35,842

Limited FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$53,580*

Total Cash Price

$41,085

SR5 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$50,946*

Total Cash Price

$35,733

SR5 FFV 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$48,347*

Total Cash Price

$33,830

1794 FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$55,965*

Total Cash Price

$44,419

Platinum FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$55,829*

Total Cash Price

$44,225

Limited 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$54,142*

Total Cash Price

$40,426

SR5 4dr CrewMax SB (4.6L 8cyl 6A)

True Cost to Own

$47,028*

Total Cash Price

$32,655

Limited FFV 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$51,482*

Total Cash Price

$38,442

TRD PRO FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$54,480*

Total Cash Price

$41,509

Limited 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$52,554*

Total Cash Price

$38,561

SR5 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$48,925*

Total Cash Price

$33,047

Platinum 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$56,872*

Total Cash Price

$44,300

1794 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$57,123*

Total Cash Price

$44,690

TRD PRO 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$55,430*

Total Cash Price

$41,816

SR5 4dr CrewMax 4WD SB (4.6L 8cyl 6A)

True Cost to Own

$46,362*

Total Cash Price

$31,011

Platinum FFV 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$53,969*

Total Cash Price

$42,211

1794 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$55,214*

Total Cash Price

$42,294

1794 FFV 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$53,909*

Total Cash Price

$41,814

Platinum 4dr CrewMax SB (5.7L 8cyl 6A)

True Cost to Own

$54,908*

Total Cash Price

$41,817

Tundra Double Cab

SR5 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$49,678*

Total Cash Price

$33,584

SR5 FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$48,802*

Total Cash Price

$33,852

SR5 FFV 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$46,743*

Total Cash Price

$31,499

SR5 4dr Double Cab 4WD SB (4.6L 8cyl 6A)

True Cost to Own

$47,539*

Total Cash Price

$32,979

Limited 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$53,234*

Total Cash Price

$38,881

Limited FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$52,248*

Total Cash Price

$38,881

SR 4dr Double Cab SB (4.6L 8cyl 6A)

True Cost to Own

$43,930*

Total Cash Price

$28,290

SR5 4dr Double Cab SB (4.6L 8cyl 6A)

True Cost to Own

$45,786*

Total Cash Price

$31,069

SR 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

True Cost to Own

$48,444*

Total Cash Price

$31,407

SR 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$48,164*

Total Cash Price

$31,229

TRD PRO 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$54,078*

Total Cash Price

$39,564

Limited 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$48,488*

Total Cash Price

$32,459

SR FFV 4dr Double Cab LB (5.7L 8cyl 6A)

True Cost to Own

$45,228*

Total Cash Price

$29,086

SR FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$48,144*

Total Cash Price

$32,813

SR 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$46,320*

Total Cash Price

$29,333

SR FFV 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$44,988*

Total Cash Price

$28,759

SR5 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

True Cost to Own

$50,223*

Total Cash Price

$34,176

SR 4dr Double Cab 4WD SB (4.6L 8cyl 6A)

True Cost to Own

$45,917*

Total Cash Price

$30,587

SR 4dr Double Cab LB (5.7L 8cyl 6A)

True Cost to Own

$46,300*

Total Cash Price

$28,971

SR5 FFV 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

True Cost to Own

$49,052*

Total Cash Price

$34,129

SR5 4dr Double Cab LB (5.7L 8cyl 6A)

True Cost to Own

$48,212*

Total Cash Price

$31,946

SR5 FFV 4dr Double Cab LB (5.7L 8cyl 6A)

True Cost to Own

$46,715*

Total Cash Price

$31,422

SR FFV 4dr Double Cab 4WD LB(5.7L 8cyl 6A)

True Cost to Own

$47,372*

Total Cash Price

$31,504

Limited FFV 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$49,759*

Total Cash Price

$35,909

SR5 4dr Double Cab SB (5.7L 8cyl 6A)

True Cost to Own

$47,079*

Total Cash Price

$30,515

TRD PRO FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

True Cost to Own

$52,161*

Total Cash Price

$38,009

Tundra Regular Cab

SR 2dr Regular Cab 4WD LB (5.7L 8cyl 6A)

True Cost to Own

$47,672*

Total Cash Price

$30,793

SR FFV 2dr Regular Cab 4WD LB (5.7L 8cyl 6A)

True Cost to Own

$46,682*

Total Cash Price

$30,802

SR 2dr Regular Cab LB (5.7L 8cyl 6A)

True Cost to Own

$45,312*

Total Cash Price

$28,088

SR FFV 2dr Regular Cab LB (5.7L 8cyl 6A)

True Cost to Own

$44,600*

Total Cash Price

$28,415

Ownership Costs: 5-Year Total

Depreciation

$14,640

Taxes & Fees

$2,099

Financing

$6,516

Fuel

$12,000

Insurance

$4,274

Repairs

$3,152

Maintenance

$7,345

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$805$829$854$880$906$4,274
Maintenance$1,052$1,207$1,232$2,018$1,836$7,345
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,915$46$46$46$46$2,099
Financing$2,229$1,801$1,339$841$306$6,516
Depreciation$5,276$2,687$2,409$2,217$2,051$14,640
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,990$9,423$8,893$9,192$8,528$50,026

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Limited FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$840$865$891$918$945$4,459
Maintenance$1,052$1,207$1,232$2,018$1,836$7,345
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,188$46$46$46$46$2,372
Financing$2,555$2,064$1,535$965$350$7,469
Depreciation$6,048$3,081$2,762$2,541$2,351$16,783
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,396$10,116$9,479$9,678$8,911$53,580

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$804$828$853$879$905$4,269
Maintenance$1,296$1,329$1,480$2,144$2,092$8,341
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,910$46$46$46$46$2,094
Financing$2,222$1,795$1,335$839$305$6,496
Depreciation$5,259$2,679$2,402$2,210$2,044$14,594
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$14,204$9,530$9,129$9,308$8,775$50,946

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 FFV 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$805$829$854$880$906$4,274
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,811$46$46$46$46$1,995
Financing$2,104$1,699$1,264$795$288$6,150
Depreciation$4,979$2,536$2,274$2,092$1,935$13,816
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,395$9,089$8,541$9,061$8,261$48,347

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab 1794 FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$885$912$939$967$996$4,699
Maintenance$1,052$1,207$1,232$2,018$1,836$7,345
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,361$46$46$46$46$2,545
Financing$2,762$2,232$1,659$1,043$379$8,075
Depreciation$6,540$3,332$2,987$2,748$2,542$18,149
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$16,313$10,582$9,876$10,012$9,182$55,965

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Platinum FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$883$909$937$965$994$4,688
Maintenance$1,052$1,207$1,232$2,018$1,836$7,345
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,351$46$46$46$46$2,535
Financing$2,750$2,222$1,652$1,039$377$8,040
Depreciation$6,511$3,317$2,974$2,736$2,531$18,069
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$16,260$10,554$9,854$9,994$9,167$55,829

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Limited 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$838$863$889$916$943$4,449
Maintenance$1,296$1,329$1,480$2,144$2,092$8,341
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,153$46$46$46$46$2,337
Financing$2,514$2,031$1,510$949$345$7,349
Depreciation$5,951$3,032$2,718$2,500$2,313$16,514
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,465$10,154$9,656$9,745$9,122$54,142

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 4dr CrewMax SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$803$827$852$877$904$4,263
Maintenance$1,031$1,309$1,158$2,126$1,935$7,559
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,750$46$46$46$46$1,934
Financing$2,031$1,640$1,220$767$278$5,936
Depreciation$4,806$2,448$2,195$2,019$1,868$13,336
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$12,935$8,911$8,255$8,778$8,149$47,028

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Limited FFV 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$837$862$888$915$942$4,444
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,050$46$46$46$46$2,234
Financing$2,391$1,931$1,436$903$327$6,988
Depreciation$5,659$2,883$2,584$2,378$2,200$15,704
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$14,633$9,701$9,057$9,490$8,601$51,482

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab TRD PRO FFV 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$826$851$876$903$930$4,386
Maintenance$1,052$1,207$1,582$2,368$1,836$8,045
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,210$46$46$46$46$2,394
Financing$2,581$2,086$1,550$975$354$7,546
Depreciation$6,111$3,113$2,791$2,567$2,375$16,957
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,493$10,156$9,858$10,049$8,924$54,480

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Limited 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$837$862$888$915$942$4,444
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,056$46$46$46$46$2,240
Financing$2,398$1,937$1,441$905$329$7,010
Depreciation$5,677$2,892$2,592$2,385$2,206$15,752
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$14,908$9,838$9,319$9,625$8,864$52,554

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$821$846$871$897$924$4,359
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,770$46$46$46$46$1,954
Financing$2,055$1,660$1,235$776$282$6,008
Depreciation$4,864$2,478$2,221$2,043$1,890$13,496
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,450$9,131$8,725$9,136$8,483$48,925

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Platinum 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$883$909$937$965$994$4,688
Maintenance$1,296$1,329$1,480$2,144$2,092$8,341
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,355$46$46$46$46$2,539
Financing$2,755$2,225$1,655$1,041$377$8,053
Depreciation$6,522$3,323$2,979$2,740$2,535$18,099
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$16,524$10,685$10,110$10,126$9,427$56,872

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab 1794 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$883$909$937$965$994$4,688
Maintenance$1,296$1,329$1,480$2,144$2,092$8,341
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,375$46$46$46$46$2,559
Financing$2,779$2,245$1,670$1,049$381$8,124
Depreciation$6,580$3,352$3,005$2,764$2,558$18,259
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$16,626$10,734$10,151$10,158$9,454$57,123

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab TRD PRO 4dr CrewMax 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$780$803$828$852$878$4,141
Maintenance$1,296$1,329$1,831$2,494$2,092$9,042
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,226$46$46$46$46$2,410
Financing$2,600$2,101$1,562$982$357$7,602
Depreciation$6,156$3,136$2,812$2,586$2,393$17,083
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,771$10,268$10,092$10,150$9,149$55,430

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab SR5 4dr CrewMax 4WD SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$804$828$853$879$905$4,269
Maintenance$1,040$1,323$1,219$1,994$1,962$7,538
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,664$46$46$46$46$1,848
Financing$1,929$1,557$1,159$728$265$5,638
Depreciation$4,563$2,325$2,084$1,917$1,774$12,663
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$12,573$8,787$8,225$8,600$8,177$46,362

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Platinum FFV 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$849$874$901$928$956$4,508
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,246$46$46$46$46$2,430
Financing$2,625$2,121$1,577$991$360$7,674
Depreciation$6,215$3,166$2,838$2,611$2,415$17,245
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,631$10,186$9,465$9,824$8,863$53,969

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab 1794 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$886$913$940$968$997$4,704
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,250$46$46$46$46$2,434
Financing$2,630$2,125$1,580$993$361$7,689
Depreciation$6,227$3,172$2,844$2,616$2,420$17,279
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,933$10,357$9,762$9,997$9,165$55,214

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab 1794 FFV 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$886$913$940$968$997$4,704
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,225$46$46$46$46$2,409
Financing$2,600$2,101$1,562$982$356$7,601
Depreciation$6,156$3,136$2,812$2,586$2,393$17,083
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,563$10,175$9,463$9,830$8,878$53,909

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra CrewMax Cab Platinum 4dr CrewMax SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$886$913$940$968$997$4,704
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$2,226$46$46$46$46$2,410
Financing$2,601$2,100$1,563$981$357$7,602
Depreciation$6,156$3,136$2,812$2,587$2,393$17,084
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,809$10,296$9,713$9,956$9,134$54,908

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$808$832$857$883$909$4,289
Maintenance$1,296$1,329$1,527$2,190$2,092$8,434
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,798$46$46$46$46$1,982
Financing$2,089$1,687$1,254$789$286$6,105
Depreciation$4,943$2,518$2,257$2,077$1,921$13,716
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,647$9,265$8,954$9,175$8,637$49,678

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$798$822$847$872$898$4,237
Maintenance$1,052$1,207$1,278$2,065$1,836$7,438
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,812$46$46$46$46$1,996
Financing$2,105$1,701$1,264$795$289$6,154
Depreciation$4,982$2,538$2,275$2,093$1,937$13,825
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,462$9,167$8,723$9,061$8,389$48,802

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 FFV 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$809$833$858$884$4,169
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,690$46$46$46$46$1,874
Financing$1,959$1,582$1,177$740$268$5,726
Depreciation$4,635$2,361$2,117$1,947$1,802$12,862
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,765$8,777$8,276$8,839$8,086$46,743

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab 4WD SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$770$793$817$841$867$4,088
Maintenance$1,040$1,323$1,266$2,040$1,962$7,631
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,766$46$46$46$46$1,950
Financing$2,051$1,657$1,232$774$281$5,995
Depreciation$4,854$2,472$2,217$2,039$1,887$13,469
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$13,054$8,999$8,442$8,776$8,268$47,539

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab Limited 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$836$861$887$914$941$4,439
Maintenance$1,296$1,329$1,527$2,190$2,092$8,434
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,073$46$46$46$46$2,257
Financing$2,418$1,953$1,453$913$331$7,068
Depreciation$5,724$2,916$2,614$2,405$2,225$15,884
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,060$9,958$9,540$9,658$9,018$53,234

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab Limited FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$838$863$889$916$943$4,449
Maintenance$1,052$1,207$1,278$2,065$1,836$7,438
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,073$46$46$46$46$2,257
Financing$2,418$1,953$1,453$913$331$7,068
Depreciation$5,724$2,916$2,614$2,405$2,225$15,884
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$14,818$9,838$9,293$9,535$8,764$52,248

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$748$770$794$817$842$3,971
Maintenance$1,031$1,309$1,158$2,126$1,935$7,559
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,523$46$46$46$46$1,707
Financing$1,759$1,422$1,056$665$241$5,143
Depreciation$4,162$2,120$1,901$1,749$1,618$11,550
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$11,737$8,308$7,739$8,346$7,800$43,930

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$761$784$807$832$857$4,041
Maintenance$1,031$1,309$1,158$2,126$1,935$7,559
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,667$46$46$46$46$1,851
Financing$1,932$1,561$1,161$729$265$5,648
Depreciation$4,572$2,329$2,088$1,921$1,777$12,687
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$12,477$8,670$8,044$8,597$7,998$45,786

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$839$864$890$917$944$4,454
Maintenance$1,296$1,329$1,527$2,190$2,092$8,434
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,685$46$46$46$46$1,869
Financing$1,953$1,578$1,173$738$268$5,710
Depreciation$4,622$2,354$2,111$1,942$1,796$12,825
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,108$9,024$8,760$9,023$8,529$48,444

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$808$832$857$883$909$4,289
Maintenance$1,296$1,329$1,527$2,190$2,092$8,434
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,676$46$46$46$46$1,860
Financing$1,942$1,569$1,167$733$266$5,677
Depreciation$4,595$2,341$2,099$1,931$1,786$12,752
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,030$8,970$8,709$8,973$8,482$48,164

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab TRD PRO 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$798$822$847$872$898$4,237
Maintenance$1,296$1,329$1,831$2,494$2,092$9,042
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,109$46$46$46$46$2,293
Financing$2,460$1,988$1,478$929$337$7,192
Depreciation$5,824$2,967$2,660$2,447$2,264$16,162
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$15,200$10,005$9,875$9,978$9,020$54,078

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab Limited 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$810$834$859$885$912$4,300
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,739$46$46$46$46$1,923
Financing$2,019$1,630$1,213$762$277$5,901
Depreciation$4,777$2,433$2,182$2,007$1,857$13,256
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,285$9,044$8,652$9,074$8,433$48,488

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR FFV 4dr Double Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$792$816$840$865$891$4,204
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,564$46$46$46$46$1,748
Financing$1,809$1,461$1,087$683$248$5,288
Depreciation$4,280$2,180$1,955$1,798$1,663$11,876
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,141$8,482$8,031$8,640$7,934$45,228

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$800$824$849$874$900$4,247
Maintenance$1,052$1,207$1,278$2,065$1,836$7,438
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,758$46$46$46$46$1,942
Financing$2,041$1,648$1,226$770$280$5,965
Depreciation$4,829$2,460$2,205$2,029$1,877$13,400
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,193$9,038$8,617$8,974$8,322$48,144

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$780$803$828$852$878$4,141
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,577$46$46$46$46$1,761
Financing$1,824$1,474$1,096$688$251$5,333
Depreciation$4,316$2,199$1,971$1,813$1,678$11,977
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,437$8,623$8,293$8,773$8,194$46,320

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR FFV 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$786$810$834$859$885$4,174
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,547$46$46$46$46$1,731
Financing$1,788$1,445$1,075$675$245$5,228
Depreciation$4,231$2,156$1,933$1,778$1,645$11,743
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,048$8,436$7,991$8,606$7,907$44,988

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$839$864$890$917$944$4,454
Maintenance$1,296$1,329$1,527$2,190$2,092$8,434
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,829$46$46$46$46$2,013
Financing$2,125$1,717$1,277$802$292$6,213
Depreciation$5,030$2,562$2,297$2,113$1,955$13,957
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,832$9,371$9,050$9,258$8,712$50,223

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab 4WD SB (4.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$754$777$800$824$849$4,004
Maintenance$1,040$1,323$1,266$2,040$1,962$7,631
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,642$46$46$46$46$1,826
Financing$1,902$1,537$1,142$719$260$5,560
Depreciation$4,501$2,293$2,056$1,891$1,749$12,490
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$12,412$8,684$8,174$8,556$8,091$45,917

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR 4dr Double Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$820$845$870$896$923$4,354
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,558$46$46$46$46$1,742
Financing$1,802$1,455$1,082$681$247$5,267
Depreciation$4,263$2,171$1,947$1,791$1,657$11,829
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,383$8,618$8,297$8,788$8,214$46,300

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 FFV 4dr Double Cab 4WD LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$812$836$861$887$914$4,310
Maintenance$1,052$1,207$1,278$2,065$1,836$7,438
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,826$46$46$46$46$2,010
Financing$2,122$1,715$1,275$801$291$6,204
Depreciation$5,023$2,559$2,294$2,110$1,952$13,938
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,548$9,216$8,767$9,099$8,422$49,052

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$820$845$870$896$923$4,354
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,713$46$46$46$46$1,897
Financing$1,987$1,605$1,193$750$273$5,808
Depreciation$4,701$2,395$2,147$1,975$1,827$13,045
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,161$8,992$8,608$9,041$8,410$48,212

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 FFV 4dr Double Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$789$813$837$862$888$4,189
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,686$46$46$46$46$1,870
Financing$1,954$1,579$1,174$737$268$5,712
Depreciation$4,624$2,356$2,112$1,943$1,797$12,832
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,749$8,773$8,272$8,836$8,085$46,715

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR FFV 4dr Double Cab 4WD LB(5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$813$837$863$888$915$4,316
Maintenance$1,052$1,207$1,278$2,065$1,836$7,438
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,690$46$46$46$46$1,874
Financing$1,959$1,583$1,177$740$268$5,727
Depreciation$4,636$2,362$2,117$1,948$1,802$12,865
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,863$8,888$8,494$8,877$8,250$47,372

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab Limited FFV 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$819$844$869$895$922$4,349
Maintenance$1,042$1,193$1,170$2,151$1,810$7,366
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,919$46$46$46$46$2,103
Financing$2,233$1,804$1,342$843$306$6,528
Depreciation$5,285$2,693$2,414$2,221$2,054$14,667
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$13,952$9,366$8,774$9,253$8,414$49,759

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab SR5 4dr Double Cab SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$780$803$828$852$878$4,141
Maintenance$1,286$1,315$1,419$2,277$2,065$8,362
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,638$46$46$46$46$1,822
Financing$1,898$1,533$1,140$716$260$5,547
Depreciation$4,490$2,288$2,051$1,887$1,745$12,461
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,746$8,771$8,417$8,875$8,270$47,079

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Double Cab TRD PRO FFV 4dr Double Cab 4WD SB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$813$837$863$888$915$4,316
Maintenance$1,052$1,207$1,582$2,368$1,836$8,045
Repairs$453$525$615$720$839$3,152
Taxes & Fees$2,028$46$46$46$46$2,212
Financing$2,364$1,909$1,420$893$324$6,910
Depreciation$5,595$2,850$2,555$2,351$2,175$15,526
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$14,565$9,702$9,479$9,736$8,679$52,161

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Regular Cab SR 2dr Regular Cab 4WD LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$792$816$840$865$891$4,204
Maintenance$1,296$1,329$1,463$2,127$2,092$8,307
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,653$46$46$46$46$1,837
Financing$1,915$1,547$1,150$723$263$5,598
Depreciation$4,531$2,308$2,070$1,904$1,761$12,574
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,900$8,899$8,582$8,855$8,436$47,672

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Regular Cab SR FFV 2dr Regular Cab 4WD LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$792$816$840$865$891$4,204
Maintenance$1,052$1,207$1,215$2,001$1,836$7,311
Repairs$453$525$615$720$839$3,152
Taxes & Fees$1,653$46$46$46$46$1,837
Financing$1,916$1,547$1,151$723$263$5,600
Depreciation$4,533$2,309$2,070$1,904$1,762$12,578
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,659$8,778$8,335$8,729$8,181$46,682

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Regular Cab SR 2dr Regular Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$765$788$812$836$861$4,062
Maintenance$1,286$1,315$1,355$2,214$2,065$8,235
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,512$46$46$46$46$1,696
Financing$1,747$1,411$1,049$660$239$5,106
Depreciation$4,133$2,105$1,887$1,736$1,606$11,467
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$12,097$8,451$8,082$8,589$8,093$45,312

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Tundra Regular Cab SR FFV 2dr Regular Cab LB (5.7L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$779$802$826$851$877$4,135
Maintenance$1,042$1,193$1,107$2,087$1,810$7,239
Repairs$394$458$535$627$732$2,746
Taxes & Fees$1,529$46$46$46$46$1,713
Financing$1,767$1,428$1,061$667$243$5,166
Depreciation$4,181$2,130$1,909$1,756$1,625$11,601
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$11,952$8,385$7,882$8,504$7,877$44,600

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2016 Toyota Tundra in Virginia is:

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