10 Best New Pick Up Trucks For People On A Limited Budget - SUV VEHICLE

10 Best New Pick Up Trucks For People On A Limited Budget

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The new year may want you longing for a new ride, but as we know, the holidays can come at a high price. But if you are looking for a new budget-friendly car in 2024 or a new pickup truck, you are in luck. In a world of sky-high prices, and inflation where trucks now cost a pretty penny, there are still several options for a new pickup truck that thankfully won’t break the bank.



Compact, mid-sized, or full-sized, there are fortunately plenty of work trucks at budget-friendly prices from some of the segment’s leading manufacturers. Several mainstream automakers such as RAM, Ford, Chevrolet, Hyundai, and Toyota offer entry-level pickup truck models that still feature great towing capability, comfort, modern tech, off-roading capability, and safety features. This may leave you questioning if you really need to spend more on a brand-new top-tier pickup truck.

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In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Road and Track, Fuel Economy.gov, Statista, NHTSA, and Car & Driver. We have chosen base models for every truck and have listed these 10 best pickups based on MSRP, starting with the most expensive model and finishing with the most affordable.


10 2024 Toyota Tundra SR

MSRP: $39,965

Gray 2022 Toyota Tundra
Toyota

Kicking things off with full-size models, the Toyota Tundra has been gracing our streets and fields for over two decades now and though it is the most expensive pickup on our list, the 2024 Toyota Tundra SR, does offer a lot of truck for the price tag.

Featuring a 6.5-foot bed with reinforced composite construction, backup camera, Toyota MultiMedia Touchscreen with a six-speaker audio system, and push-button start as standard, the base Tundra comes with a good amount of toys and useful features that will certainly make driving and hauling easy compared to other full-sized pickups.

Performance Specifications

Engine

3.4-Liter Twin-Turbo V-6

Transmission

Ten-Speed Automatic

Horsepower

358 Horsepower

Torque

406 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

20 Miles-Per-Gallon

Towing Capacity

8,300 Pounds

Payload Capacity

1,940 Pounds

(Data was collected from Toyota and Fuel Economy.gov)

Boasting a double-wishbone front suspension and rear coil-spring multi-link suspension, coupled with the base model’s all-season tires, will make the ride both on-road and off-road a pleasant one. With a total bed width of 58.7 inches and bed depth of 20.9 inches, the 2024 Toyota Tundra is not only tipped to be a comfortable full-sized pickup to drive but also a useful one that has an impressive towing capacity and a good payload capacity. Meaning that you can haul more, for less!

Pros

  • Coil spring multi-link suspension helps to make a comfortable ride.
  • Conveniently placed and easy-to-use controls in the cab.
  • Composite bed on all models reduces wear and tear marks.

Cons

  • Full-time 4WD option not available.
  • Towing capability is less than similarly priced competitors.
  • Combined MPG is only 20 miles per gallon.

9 2024 RAM 1500 Tradesman

MSRP: $39,420

2024 RAM 1500 Tradesmen crew cab in white posing off road
Stellantis Media

The 2024 Ram 1500 Tradesmen featuring a quad-cab and six-foot, four-inch bed is the lowest-priced base model of the new RAM 1500 lineup that you can get your hands on this year. Boasting a mild-hybrid V-6 engine, with an electric motor that produces up to 90 pound-feet of extra torque, a wide grille, a useful and practical interior, and a distinctive RAM logo, the new RAM 1500 is a pickup truck that embraces modernity but still has all the hallmarks of the much-loved workhorse on and off-road.

Performance Specifications

Engine

3.6-Liter Pentastar V-6 with eTorque

Transmission

Eight-Speed Automatic

Horsepower

305 Horsepower

Torque

269 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

22 Miles-Per-Gallon

Towing Capacity

7,760 Pounds

Payload Capacity

Unpublished

(Data was collected from RAM and Fuel Economy.gov)

The 2024 RAM 1500 has been given an overall five-star safety rating by the NHTSA, scoring between 4.5 and 5 stars on crash reports from all sides. It is a safe pickup truck to be in, regardless of where you want to use it. Though other trucks for less money do come with standard features that are optional extras on the 2024 Ram 1500, there is no disputing that it is a great workhorse with emerging aspects of the modern auto market, made for the modern user who prioritizes safety, economy, and a low start price as key factors when buying a new, budget full-sized pickup.

Pros

  • Relatively good combined miles per gallon.
  • Mild-hybrid engine comes as standard.
  • The cab is spacious with 40.6 inches of legroom.

Cons

  • No full hybrid option.
  • Some driver assist features such as lane departure warnings come as optional extras rather than standard.
  • Optional extras can really rack up the cost.

8 2024 Chevrolet Silverado 1500 WT

MSRP: $38,795

White 2024 Chevrolet Silverado Work Truck
Chevrolet

The 2024 Chevrolet Silverado 1500 Work Truck (WT) is the latest base model from the new line-up of the Silverados that stack up against their competitors. Some highlights of the WT configuration include rubberized vinyl floor covering, a durabed with integrated side steps in the bumper, and a tire-pressure monitoring system. The base Silverado also gets vinly seats and rear AC vents for added convenience.

Performance Specifications

Engine

2.7-Liter Inline Four Turbomax

Transmission

Eight Speed Automatic

Horsepower

310 Horsepower

Torque

430 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

16 Miles-Per-Gallon

Towing Capacity

9,100 Pounds

Payload Capacity

2,260 Pounds

(Data was collected from Chevrolet and Fuel Economy.gov)

Boasting some great safety features as standard, such as automatic emergency braking, buckle-to-drive, forward collision alert, an HD rear vision camera, and tire pressure monitoring system, it looks as if Chevrolet is continuing to appeal to the American home market by incorporating a work-horse ethic, reasonable pricing and, top safety and convenience features to a truck that continues to impress both the on-road hauler and off-road driver.

Pros

  • The infotainment touchscreen is clear and precise.
  • A good amount of torque is produced from a reasonably priced truck.
  • Towing capacity is good for the price of the truck.

Cons

  • The base model trim is lackluster.
  • Control buttons in the cab look cheap and similar to previous years’ models.
  • For more towing capability you have to pay higher prices for different powertrains.

Related
TopSpeed’s Best Pickup Truck Of 2024: Ford F-150

The iconic Ford F-150 soldiers on as the best of the best for 2024. The full size pickup remains king.

7 2024 Ford F-150 XL

MSRP: $36,570

Silver Ford F-150 work truck
Ford

The best-selling F-150 is back this year with the 2024 Ford F-150 XL as its base trim. With either an old-school 5.0 V-8 or, boasting a huge towing capacity whilst incorporating the modern side of the automotive world, with a 2.7 liter V-6 hybrid engine coupled with auto stop-start as standard, this year’s F-150 is a real contender within the full-sized truck segment. Not only do you get the added bonus of a more economical drive, saving you money on gas, but you can also haul. You can haul a huge amount, even with the line-up’s smallest powertrain configuration.

Performance Specifications

Engine

5.0 V-8

Transmission

Ten-Speed Automatic

Horsepower

400 Horsepower

Torque

410 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

20 Miles-Per-Gallon

Towing Capacity

8,200 Pounds

Payload Capacity

3,270 Pounds

(Data was collected from Ford)

Included in the XL’s armory is modern tech that you may expect to find in some new SUVs in 2024. Featuring a 12-inch Capacitive Touchscreen, Class IV trailer hitch, 5G LTE Wi-fi hotspot that allows for up to ten devices to be connected, and Stolen Vehicles Service (for one year), the F-150 XL is a pickup that, for its moderate price, offers a lot of convenience, economy and work capability.

Pros

  • Economical EcoBoost engine.
  • Fantastic towing capability.
  • The 12-inch touchscreen comes as standard in the base model.

Cons

  • The Interior is cheap-looking.
  • Not the greatest payload capacity.
  • Only one cab size is available.

6 2024 Ford Ranger XL

MSRP: $32,670

2024 Ford Ranger Lariat in silver posing on off-road terrain in front of mountains
Ford

Jumping onto mid-size pickups, another model Ford is releasing this year that is capable, budget-friendly, and economical is the 2024 Ford Ranger XL. Boasting roll-stability control, the Ranger XL has been designed to ensure confidence whilst off-roading, even at speed.

Also featuring an independent front suspension with a solid stabilizer bar which allows for comfortable driving, better traction, and stability, Ford has ensured that the home market is again being ensured of the rugged capability and safety of its vehicles.

Performance Specifications

Engine

2.3-Liter EcoBoost Inline Four

Transmission

Ten-Speed Automatic

Horsepower

270 Horsepower

Torque

310 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

22 Miles-Per-Gallon

Towing Capacity

7,500 Pounds

Payload Capacity

1,805 Pounds

(Data was collected from Ford and Fuel Economy.gov)

One of the new updates this year is the rear-mounted dampers which are now outside the frame rails, making ride quality smoother. The rear-wheel arches have also been made larger by two inches, meaning that more reworking of the rear suspension has been done. Again, to make the ride smoother and easier in the crew cab, which is now exclusive to all trims, regardless of what one you choose.

Pros

  • Outside rear dampers should help with off-road ability.
  • The base model features emergency braking, lane departure warning, and automatic high beams.
  • Easy and convenient cabin design.

Cons

  • Comparatively small payload.
  • Other models of Ford pickup can tow more.
  • Base model trims feature a 10-inch screen whereas more expensive models benefit from a 12-inch screen.

5 2024 Toyota Tacoma SR

MSRP: $31,500

White 2024 Toyota Tacoma
Toyota

Not a full-sized pickup, but the mid-sized 2024 Toyota Tacoma SR is still a brute of a truck at a pocket-friendly price. Featuring an automatic limited-slip differential (Auto LSD) paired with a front stabilizer, independent double-wishbone front suspension, and leaf-spring rear suspension setup, the 2024 Tacoma is a force to be reckoned with.

Performance Specifications

Engine

2.4 Liter Turbocharged Four-Cylinder I-Force

Transmission

Eight-Speed Automatic

Horsepower

228 Horsepower

Torque

243 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

19-24 Miles-Per-Gallon (estimated by Toyota)

Towing Capacity

3,500 Pounds

Payload Capacity

Unpublished

(Data was collected from Toyota)

Besides its off-roading prowess, Toyota has continued to appeal to the American pickup market by ensuring that safety is also a priority for those using their trucks. Though the towing capability is less than some of the American pickups on our list, with the 2024 Tacoma, you do get the Toyota Safety Sense 3.0 system included as standard, which features lane departure warning, pre-collision warning, steering assist, radar cruise control, and road sign assist. That is a lot of features for a mid-sized pickup of this price.

Pros

  • Spacious front legroom of 41.8 inches.
  • The turbocharged engine comes as standard.
  • The base model boasts six directional bucket seats.

Cons

  • Huge price tag increase for more off-road capability.
  • Lower power output compared to other similar-sized priced pickups.
  • Lower towing capability than some cheaper pickups.

Related
The Forgotten Mid-Size Pickup That Has An Edge Over The Competition

While the Nissan Frontier is ancient when compared to its mid-size pickup competition, there’s one thing that helps retain this rugged truck’s appeal

4 2024 Nissan Frontier S

MSRP: $29,930

2022 Nissan Frontier King Cab
Nissan

Featuring a powerful 3.8 liter V-6 as standard paired with a nine-speed automatic transmission, there is no need, or option, to upgrade the 2024 Nissan Frontier S. Even from the rear-wheel drive configuration of the Frontier S, you will be able to haul an ample amount over most terrains (within reason, of course). Not only that, but you will also benefit from engine-speed-sensitive power steering, which will help you stay on the course with ease, little input, and convenience.

Performance Specifications

Engine

3.8-Liter V-6

Transmission

Nine-Speed Shiftable Automatic

Horsepower

310 Horsepower

Torque

281 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

21 Miles-Per-Gallon

Towing Capacity

6,640 Pounds

Payload Capacity

1,590 Pounds

(Data was collected from Nissan and Fuel Economy.gov)

Nissan has created a mid-sized pickup for the U.S. market that is not only pretty reasonable on miles per gallon compared to its competitors, can tow a good amount, has modern features and tech such as a 7.0-inch drive-assist display and NissanConnect 8.0-inch touchscreen display, but is also versatile off-road thanks to rear over-leaf suspension that saves weight but also keeps the pickup stable over rough terrain.

Pros

  • V-6 engine comes as standard.
  • It has a higher towing capacity than some more expensive competitors.
  • Versatile off-road.

Cons

  • Lower payload than some cheaper rival models.
  • Less rear-seat space than other mid-sized pickups, only 26.2 inches.
  • Only an 8.0-inch screen is standard and can only be upgraded to a 9.0-inch optional one.

3 2024 Chevrolet Colorado WT

MSRP: $29,500

2023 Chevrolet Colorado WT Left 3/4 Front
Nicolas Sena

It is safe to say that Chevrolet knows what they are doing with pickup trucks. The same can be sairegardingto the 2024 Chevrolet Colorado Work Truck (WT). For less than $30,000, you get a truck with a huge hauling capability, masses of off-roading ability, automatic radiator grille shutters (helping to reduce drag and increase economy), and an 11.3-inch diagonal display with built-in Google. Chevrolet knows what is wanted from a budget-friendly and mid-sized pickup truck that is useful in most situations.

Performance Specifications

Engine

2.7 Liter Turbocharged Four Cylinder

Transmission

Eight-Speed Automatic

Horsepower

237 Horsepower

Torque

260 Pound-Feet

Driveline

Rear-Wheel Drive

Combined MPG

21 Miles-Per-Gallon

Towing Capacity

3,500 Pounds

Payload Capacity

1,684 Pounds

(Data was collected from Chevrolet and Fuel Economy.gov)

According to Statista, 39 percent of American adults are looking for comfort whereas 46 percent are looking for a low price when buying a new car. Luckily, the 2024 Colorado will please both groups of people. With the already mentioned price, but also with the bucket seats, adjustable steering column, steering-wheel-mounted controls, and six-speaker audio system, driving this pickup over most terrains should stay comfortable and easy.

Pros

  • Reasonable towing capacity for power output.
  • The base model features keyless entry as standard.
  • Plenty of upgrade packages for the base model.

Cons

  • The base model engine is slightly lacking in power.
  • No power-assisted passenger seating.
  • No optional longer beds are available.

2 2024 Hyundai Santa Cruz SE

MSRP: $26,650

Gray Hyundai Santa Cruz Limited AWD
Chris Okula

Now onto compact pickups, the 2024 Hyundai Santa Cruz SE is the new compact pickup truck to be seen in. Not only do the edgy lines, low-slung stance, and rugged appearance turn heads, but this unibody pickup is also a very economical truck to drive. If that doesn’t bother you as much, you’ll like hearing that the base model features rear multi-link suspension as standard to make the ride as smooth as possible, forward collision detection, blind-spot collision avoidance, and a five-year or 60,000-mile warranty as standard.

Performance Specifications

Engine

2.5 Liter Inline Four

Transmission

Eight-Speed Automatic

Horsepower

191 Horsepower

Torque

181 Pound-Feet

Driveline

Front-Wheel Drive

Combined MPG

23 Miles-Per-Gallon

Towing Capacity

3,500 Pounds

Payload Capacity

Unpublished

(Data was collected from Hyundai and Fuel Economy.gov)

There has been talk that the new Santa Cruz can’t compare with American pickups, and though the points are valid when it comes to engine power, hauling capacity, and payload capacity, for the price of a new one and, for the size you know it already is, it is a good truck to own.

For its downsides, the 2024 Santa Cruz does offer a different range of advantages compared to what American pickups can offer, such as a cheaper starting price, a longer warranty option as standard, and higher miles per gallon. Making it a good, budget-friendly, compact pickup.

Pros

  • The rear multi-link suspension comes as standard.
  • Low starting price for the base model.
  • Two LCD monitors in the front come as standard.

Cons

  • Low power output compared to competitors.
  • Lower towing capability compared to other pickups on the market.
  • Only an 8-inch touchscreen is available on the base model.

Related
TopSpeed’s Best Compact Pickup Truck 2024: Ford Maverick

If you need a pickup for light duty jobs, here is your best option for the 2024 model year.

1 2024 Ford Maverick XL

MSRP: $23,815

2023 Ford Maverick
Ford 

Top of our list is the 2024 Ford Maverick XL. A budget, rugged, stylish, and awesome compact pickup truck. Though with the Maverick you may not get all the features that may come as standard on other trucks, that is reflected in the price. Featuring an economical hybrid 2.0 liter EcoBoost engine, the 2024 Maverick has been rated by Fuel Economy.gov at a combined 26 miles per gallon. You do get a lot from this little pickup.

Performance Specifications

Engine

2.0-Liter EcoBoost

Transmission

Eight-Speed Automatic

Horsepower

250 Horsepower

Torque

277 Pound-Feet

Driveline

Front-Wheel Drive

Combined MPG

26 Miles-Per-Gallon

Towing Capacity

4,000 Pounds

Payload Capacity

Unpublished

(Data was collected from Ford and Fuel Economy.gov)

With a reasonable amount of hauling capability thanks to its configuration and potent little engine, and with oodles of comfortable yet maybe a budget-looking style, you’ll be impressed by how much you do get for the price.

Featuring six-tie down points in the Flexbed, Bluetooth connectivity, an 8.0-inch LCD center touchscreen, and a tire pressure monitoring system, it is clear that Ford has thought about what is needed from the modern-day compact-sized pickup in the modern-day auto-market whilst keeping costs down to coincide with the other rising costs in all of our lives.

Pros

  • Higher combined MPG than its competitors.
  • Low starting price.
  • Reasonable towing capacity compared to higher-priced competitors.

Cons

  • You have to pay more for features that may come as standard on other similar-sized and priced pickups.
  • Interior looks drab.
  • Limited rear-seat legroom, only 36.9 inches.

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