The phrase refers to the cost associated with acquiring a specific model year of a popular pickup truck manufactured by Toyota, widely available in various global markets. It represents the monetary value placed on this particular vehicle in the year 2020, factoring in specifications, condition, and market demand at the time of sale or valuation.
Understanding the monetary aspect of this vehicle is crucial for buyers, sellers, and automotive industry analysts. It impacts resale values, insurance rates, and financial planning related to vehicle ownership. Knowing the cost provides a benchmark for comparing similar vehicles and evaluating investment returns over time. Historically, this model has demonstrated strong value retention, making its price a significant consideration in purchasing decisions.