2020 Toyota Tundra Cost to Own

Total 5-Year Ownership Costs

Tundra CrewMax

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

True Cost to Own

$44,364*

Total Cash Price

$44,982

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

True Cost to Own

$42,164*

Total Cash Price

$42,699

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

True Cost to Own

$46,600*

Total Cash Price

$48,972

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

True Cost to Own

$47,338*

Total Cash Price

$49,017

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

True Cost to Own

$46,157*

Total Cash Price

$45,857

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

True Cost to Own

$47,137*

Total Cash Price

$48,628

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

True Cost to Own

$50,186*

Total Cash Price

$52,575

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

True Cost to Own

$48,953*

Total Cash Price

$52,260

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

True Cost to Own

$48,682*

Total Cash Price

$52,872

Tundra Double Cab

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

True Cost to Own

$43,680*

Total Cash Price

$42,570

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

True Cost to Own

$41,566*

Total Cash Price

$37,967

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

True Cost to Own

$39,610*

Total Cash Price

$33,713

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

True Cost to Own

$41,324*

Total Cash Price

$37,077

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

True Cost to Own

$44,695*

Total Cash Price

$43,306

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

True Cost to Own

$41,812*

Total Cash Price

$37,553

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

True Cost to Own

$41,466*

Total Cash Price

$37,184

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

True Cost to Own

$47,415*

Total Cash Price

$49,169

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

True Cost to Own

$46,455*

Total Cash Price

$46,709

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

True Cost to Own

$43,756*

Total Cash Price

$41,547

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

True Cost to Own

$39,846*

Total Cash Price

$34,598

Ownership Costs: 5-Year Total

Depreciation

$11,234

Taxes & Fees

$2,030

Financing

$8,177

Fuel

$12,850

Insurance

$4,311

Repairs

$854

Maintenance

$4,908

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$832$861$891$923$4,311
Maintenance$43$546$705$2,203$1,411$4,908
Repairs$0$0$124$296$434$854
Taxes & Fees$1,846$46$46$46$46$2,030
Financing$2,797$2,260$1,681$1,056$383$8,177
Depreciation$1,965$2,256$2,136$2,505$2,372$11,234
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$9,875$8,433$8,121$9,642$8,293$44,364

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$850$879$910$942$4,402
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,755$46$46$46$46$1,939
Financing$2,655$2,145$1,596$1,002$364$7,762
Depreciation$3,138$1,762$1,669$1,956$1,854$10,379
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$10,672$7,662$7,390$8,912$7,528$42,164

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$840$869$900$931$964$4,504
Maintenance$43$546$705$2,203$1,411$4,908
Repairs$0$0$124$296$434$854
Taxes & Fees$2,005$46$46$46$46$2,189
Financing$3,046$2,460$1,829$1,150$418$8,903
Depreciation$2,454$2,626$2,484$2,916$2,762$13,242
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$10,648$8,875$8,486$10,012$8,579$46,600

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$917$949$982$1,017$4,751
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$2,007$46$46$46$46$2,191
Financing$3,048$2,463$1,831$1,151$418$8,911
Depreciation$3,386$2,535$2,400$2,817$2,665$13,803
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$11,630$8,820$8,426$9,994$8,468$47,338

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$866$897$928$960$4,488
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,881$46$46$46$46$2,065
Financing$2,852$2,303$1,714$1,076$391$8,336
Depreciation$3,404$2,479$2,347$2,749$2,607$13,586
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$11,277$8,553$8,204$9,797$8,326$46,157

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$917$949$982$1,017$4,751
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,991$46$46$46$46$2,175
Financing$3,024$2,443$1,817$1,142$414$8,840
Depreciation$2,764$2,659$2,518$2,953$2,795$13,689
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$10,968$8,924$8,530$10,121$8,594$47,137

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$914$946$979$1,013$4,735
Maintenance$43$546$705$2,203$1,411$4,908
Repairs$0$0$124$296$434$854
Taxes & Fees$2,149$46$46$46$46$2,333
Financing$3,270$2,641$1,964$1,234$449$9,558
Depreciation$3,397$2,812$2,662$3,121$2,956$14,948
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$12,162$9,452$9,015$10,524$9,033$50,186

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$914$946$979$1,013$4,735
Maintenance$43$546$705$2,203$1,411$4,908
Repairs$0$0$124$296$434$854
Taxes & Fees$2,136$46$46$46$46$2,320
Financing$3,250$2,625$1,953$1,227$445$9,500
Depreciation$3,194$2,581$2,439$2,862$2,710$13,786
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$11,926$9,205$8,781$10,258$8,783$48,953

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Tundra CrewMax 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$807$836$865$895$4,183
Maintenance$43$546$705$2,448$1,411$5,153
Repairs$0$0$124$296$434$854
Taxes & Fees$2,161$46$46$46$46$2,345
Financing$3,288$2,656$1,975$1,242$451$9,612
Depreciation$2,036$2,838$2,681$3,150$2,980$13,685
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$10,728$9,386$8,935$10,692$8,941$48,682

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$836$866$896$927$4,333
Maintenance$43$546$705$2,284$1,411$4,989
Repairs$0$0$124$296$434$854
Taxes & Fees$1,750$46$46$46$46$1,934
Financing$2,647$2,139$1,590$1,000$363$7,739
Depreciation$4,987$1,458$1,382$1,620$1,534$10,981
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$12,655$7,518$7,281$8,787$7,439$43,680

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$807$836$865$895$4,183
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,567$46$46$46$46$1,751
Financing$2,361$1,907$1,419$891$324$6,902
Depreciation$3,284$1,891$1,789$2,096$1,988$11,048
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$10,295$7,510$7,290$8,896$7,575$41,566

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$849$878$909$941$4,397
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,397$46$46$46$46$1,581
Financing$2,097$1,693$1,260$791$288$6,129
Depreciation$2,764$1,717$1,626$1,908$1,806$9,821
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$9,381$7,164$7,010$8,652$7,403$39,610

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$849$878$909$941$4,397
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,531$46$46$46$46$1,715
Financing$2,306$1,862$1,386$870$316$6,740
Depreciation$3,025$1,889$1,789$2,100$1,987$10,790
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$9,985$7,505$7,299$8,923$7,612$41,324

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$838$868$898$929$4,343
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,779$46$46$46$46$1,963
Financing$2,693$2,176$1,618$1,016$370$7,873
Depreciation$3,834$2,190$2,073$2,434$2,303$12,834
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$11,419$8,109$7,805$9,392$7,970$44,695

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$868$899$930$963$4,499
Maintenance$43$546$705$2,284$1,411$4,989
Repairs$0$0$124$296$434$854
Taxes & Fees$1,550$46$46$46$46$1,734
Financing$2,335$1,887$1,403$882$320$6,827
Depreciation$2,470$1,848$1,749$2,051$1,941$10,059
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$9,657$7,688$7,494$9,134$7,839$41,812

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$836$866$896$927$4,333
Maintenance$43$546$705$2,284$1,411$4,989
Repairs$0$0$124$296$434$854
Taxes & Fees$1,535$46$46$46$46$1,719
Financing$2,312$1,868$1,390$873$317$6,760
Depreciation$2,448$1,829$1,732$2,030$1,922$9,961
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$9,566$7,618$7,431$9,070$7,781$41,466

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$826$855$885$916$4,280
Maintenance$43$546$705$2,448$1,411$5,153
Repairs$0$0$124$296$434$854
Taxes & Fees$2,013$46$46$46$46$2,197
Financing$3,058$2,470$1,837$1,154$420$8,939
Depreciation$3,194$2,422$2,293$2,688$2,545$13,142
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$11,526$8,803$8,428$10,162$8,496$47,415

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$865$896$927$959$4,483
Maintenance$43$546$705$2,284$1,411$4,989
Repairs$0$0$124$296$434$854
Taxes & Fees$1,915$46$46$46$46$2,099
Financing$2,905$2,346$1,745$1,097$398$8,491
Depreciation$3,241$2,302$2,175$2,555$2,416$12,689
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$11,360$8,598$8,259$9,850$8,388$46,455

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$868$899$930$963$4,499
Maintenance$43$546$705$2,284$1,411$4,989
Repairs$0$0$124$296$434$854
Taxes & Fees$1,709$46$46$46$46$1,893
Financing$2,584$2,087$1,552$976$354$7,553
Depreciation$2,719$2,045$1,936$2,270$2,148$11,118
Fuel$2,420$2,493$2,568$2,645$2,724$12,850
True Cost to Own®$10,314$8,085$7,830$9,447$8,080$43,756

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$807$836$865$895$4,183
Maintenance$43$531$695$2,269$1,400$4,938
Repairs$0$0$107$259$378$744
Taxes & Fees$1,432$46$46$46$46$1,616
Financing$2,152$1,738$1,292$813$295$6,290
Depreciation$2,833$1,762$1,669$1,958$1,853$10,075
Fuel$2,260$2,328$2,398$2,470$2,544$12,000
True Cost to Own®$9,500$7,212$7,043$8,680$7,411$39,846

*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.


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Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2020 Toyota Tundra in Virginia is:

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