2024 Toyota Tacoma Truck Price: What You Get With Each Trim Level - SUV VEHICLE

2024 Toyota Tacoma Truck Price: What You Get With Each Trim Level



  • With a redesign for the 2024 model year, the Toyota Tacoma now leads the mid-size truck segment in value and reliability.
  • The entry-level SR trim starts at $31,500, offering a basic but accessible option, while the TRD models provide excellent off-road capability.
  • For those seeking luxury features in their mid-size truck, the Limited trim includes upscale amenities like power running boards and a premium sound system.

The mid-size truck segment has been around forever and has always been the lifeblood of the country. There is a whole bevy of people who rely on the capability and the adaptability that mid-size pickups have to offer. Among these offerings, one option stands tall as the best value proposition of them all.

The Toyota Tacoma was fully redesigned for the 2024 model year and where before it sat well behind the competition, it is now leading the pack. With a modern powertrain and a long list of standard features, it’s hard to find better value for money than the Tacoma. Pair this with Toyota’s legacy of reliability, and you’ve got one of the best work trucks on the market.

To uncover the real value of the 2024 Toyota Tacoma, we unpack each trim level and the differing levels of equipment that you get. We see just how far your money will take you when you invest in a Toyota’s all-new pickup truck.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Toyota websites and other authoritative sources, including Fuel Economy.gov.

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A Single 2.4-Liter Powers Every Tacoma, But Some Have More Horses

The first thing that most people will be interested in is the powertrain options that Toyota offers on their midsize truck. To begin this Toyota Tacoma trim-level breakdown, we take a look under the hood of the Taco truck and see just what kind of power you can expect.



2.4-Liter Turbocharged Inline-Four

2.4-Liter Turbocharged Inline-Four


6-Speed Manual or 8-Speed Automatic

6-Speed Manual or 8-Speed Automatic


228 HP

278 HP


243 LB-FT

317 LB-FT




(Source: Toyota)

All 2024 Toyota Tacomas feature a 2.4-liter four-cylinder engine, some just come with a little more power. The detuned version outputting 228 horsepower is only available in the base-level SR trim. Every trim past that point gets access to the full might of the powertrain. If you’re looking for more power, this obviously means that you’re going to have to climb trims to some degree. In any case, you’re going to have access to one of the most reliable engines to grace a truck.

Regardless of which version of the powertrain you get, the Tacoma comes equipped with either a six-speed manual or an eight-speed automatic. If you’re looking for the most capable Tacoma, you’ll also choose those with four-wheel drive and a towing package which will net you a maximum towing capacity of 6,500 pounds.

Fuel Economy





Automatic 2WD

21 MPG

26 MPG

23 MPG

Automatic 4WD

20 MPG

24 MPG

22 MPG

(Source: Fuel Economy.gov)

The Tacoma’s four-cylinder engine is pretty efficient and will save you costs when you go to fill up. The most efficient Tacomas are those equipped with rear-wheel drive, but opting for the four-wheel drive version won’t lose you too much in the way of fuel economy, with it only dropping about a single mile per gallon in each category.

The EPA hasn’t done testing on every version of the Tacoma and the only manual version tested was the base version. However, the days when manual transmissions meant your car was lighter on fuel are gone, and you can expect the automatic to net you the best return.

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Toyota’s Entry-Level Tacoma Starts At $31,500 With The SR

White 2024 Toyota Tacoma

When looking at the trim levels, we start with the most affordable Toyota Tacoma models in 2024, the SR and the SR5. These two trims are the best options for the average person and offer a great starting point for those looking to get themselves into a mid-size truck.

2024 Tacoma SR

The SR is the base trim in the 2024 Toyota Tacoma lineup and starts at an impressive $31,500. At this price, Toyota has made its smallest truck offering incredibly accessible, undercutting a lot of the other options out there. However, you should know that you are losing out on a lot of equipment if you go with this model.

The SR comes standard with the detuned 2.4-liter inline-four engine, as mentioned earlier. It also comes standard with a towing hitch and a wiring harness. On the inside, an 8-inch infotainment display is standard, as are cloth seats. The SR isn’t able to be equipped with too many extras either. It does, however, get access to Toyota’s suite of safety technology, which is a huge bonus.

2024 Tacoma SR5

If nothing else, the SR5 is worth it for the improved powertrain alone. Most people will find that the added power that the powertrain offers is worth the difference in price by itself. The SR5 starts at $36,200, nearly $5,000 more than the base SR.

The SR5 gets improved 17-inch aluminum wheels and fog lamps. For those that will fill the truck bed often, there are also integrated cargo-bed tie-down clamps. An improved coil spring suspension is also standard. A smart key and push to start are the main differences over the SR inside, but you can also option your Tacoma SR5 with a power-operated moonroof.

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The TRD Triplets Offer Excellent Off-Road Capability

Toyota Tacoma Trailhunter

If you’re someone who wants to take your pickup truck off the beaten path, then you want to look at the three TRD Tacoma models offered. These take the Tacoma’s pliable frame and kit it with all the equipment that you could possibly need to hit any trail.

2024 Tacoma TRD PreRunner

The TRD PreRunner is the entry point into the TRD line and has a starting MSRP of $38,100. A composite front skid plate, with underbody fuel tank protection, is, however, standard, allowing you to not have to worry about hitting sharp objects in your path. An electronically controlled locking rear differential as well as independent double-wishbone front suspension and leaf spring rear suspension come standard.

On the inside, the TRD PreRunner can also be equipped with an optional digital gauge display as well as dual-zone climate control and a leather-trimmed, heated steering wheel.

2024 Tacoma TRD Sport

The TRD Sport gains access to a third option for powertrains, the i-Force Max Hybrid. You can opt for this powertrain from the TRD Sport onwards, outputting 326 horsepower and 465 lb-ft of torque. You also get access to upgraded suspension with an independent double-wishbone front suspension and coil spring multi-link rear suspension.

The TRD Sport also comes equipped with a built-in inverter. If you go with the gas-only model, then this inverter is 400W, but if you opt for the hybrid it’s a whopping 2400W. You can also upgrade your infotainment screen to the 14-inch version. You get all this equipment for a starting price of $39,400.

2024 Tacoma TRD Off-Road

The TRD Off-Road is considered to be the ultimate trail-hunting version of the Tacoma and comes with much more standard equipment. It starts at $41,800 and comes with features like Multi-Terrain Select, Crawl Control (CRAWL), and Downhill Assist Control. You can also opt for the 3D Multi-Terrain Monitor which scans the environment in front of you for potential hazards. A composite front skid plate, with an underbody transfer case and fuel tank protection, is also standard.


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If You’re Looking For A Truck With A Little Luxury, The Tacoma Limited Is Just For You

2024 Toyota Tacoma Hybrid Interior Red

While the other versions of the Tacoma are more rough and tumble, that isn’t exactly what everyone is looking for in their mid-size truck. There’s nothing wrong with wanting a blend of the Tacoma’s capability and creature comfort features that will make riding in its cabin a dream. The 2024 Toyota Tacoma Limited does have a starting MSRP of $52,100 though.

While the Limited forgoes any kind of off-road equipment, all the optional extras on the other models that provided some form of comfort or technology come standard in the Limited. Power running boards, LED bed lighting, and a bed storage box all come standard for added adaptability. The smart key system is standard is a heated leather steering wheel. The front seats are SofTex®-trimmed and have eight-way power adjustability; they are also heated and ventilated. The Limited gets access to a heads-up display as well as the 14-inch infotainment and digital gauge cluster. A 10-speaker JBL sound system is also standard.


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