2024 Toyota Tacoma Hybrid Pricing and Specs Revealed

Matt Posky
by Matt Posky

Toyota has released details on the Tacoma Hybrid, showing it will start at $47,795 as part of the TRD Sport trim. While that’s nearly $7,000 more than the gasoline variant of the TRD Sport, it does come equipped with the more powerful i-Force Max powertrain.


That unit offers a combined total of 326 horsepower and 465 pound-feet of torque, a significant improvement over the gasoline-only models. However, with a maximum towing capacity of 6,000 pounds, the 2.4-liter engine with a 48-hp hybrid electric motor integrated into the 8-speed transmission may not offer that much more utility. The outgoing V6 models topped out at 6,800 pounds and the new 278 hp 2.4-liter gas-powered engine is supposed to be capable of 6,500 pounds when equipped with the proper towing package. 

Hybrid models look to be sold at a healthy premium over gasoline-only models. But not all trims are equal. For example, TRD Off-Road model is only $4,800 more when outfitted as a hybrid. Higher trims seem to have even less difference between the hybrid vs non-hybrid models, though you can still reliably count on spending a few thousand more in all cases. 


The exception here is the Toyota Tacoma TRD Pro and Trailhunter. Both of those will come with the hybrid i-Force powertrain as standard equipment and start near the $65,000 mark. That’s expensive for a midsize pickup. But they also come with loads of off-road goodies — like upgraded underbody protection, aggressive tires, beefed-up suspensions, helpful driving modes, etc. — and plenty of interior upgrades. 

While we assume the hybrid will probably draw in some customers seeking to save on fuel costs, Toyota expects the Tacoma hybrid to net a combined EPA fuel economy rating of 23 or 24 mpg depending on the trim. That’s only a couple miles to the gallon better than the non-hybrid trims and quite a bit less than one might receive from a smaller truck. The Ford Maverick may not be able to haul nearly as much stuff, but it’s still a truck and one that’s quite a bit more fuel efficient than the Tacoma. 


Hybrid versions of the Ford Maverick boast an EPA average of 42 mpg in town and 33 in on the highway. Meanwhile, the non-hybrid version still manages 23 mpg in the city and 30 on the open road. Things are much closer when you’re comparing trucks sized more closely to the Tacoma. But even here, the Ford Ranger outperforms by a few mpg while other brand’s are offering models that are close enough for it not to make much difference. 


The above probably won’t decide which pickup someone will settle on. But it may sway drivers who are trying to decide whether the peppier i-Force Max is worth the extra cost.

[Images: Toyota]

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Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • 3-On-The-Tree 3-On-The-Tree on Apr 24, 2024

    Lou_BC

    one of many cars I sold when I got commissioned into the army. 1964 Dodge D100 with slant six and 3 on the tree, 1973 Plymouth Duster with slant six, 1974 dodge dart custom with a 318. 1990 Bronco 5.0 which was our snowboard rig for Wa state and Whistler/Blackcomb BC. Now :my trail rigs are a 1985 Toyota FJ60 Land cruiser and 86 Suzuki Samurai.

    • Lou_BC Lou_BC on Apr 25, 2024

      My neighbour had an '80's era BJ40 LandCruiser. He wanted a small fortune for it. He got asking price when he sold it.

      Sammi's are amazing little offroaders. They've become very popular. That's driving up the price to insane levels.

      I have a '76 CJ5 my son and I are wrenching on. I got it off my neighbour who had the BJ40. His girlfriend wouldn't let him keep his toy collection when they retired and moved in together.

      I'd love a full-sized Bronco. My son works with a mechanic who's a hardcore Bronco fan. He's got a 1st gen as a rock crawler. His other one is less hardcore for his wife. He has "his and hers" full-sized Broncos too.




  • 3-On-The-Tree 3-On-The-Tree on Apr 26, 2024

    Yes all the Older Land Cruiser’s and samurai’s have gone up here as well. I’ve taken both vehicle ps on some pretty rough roads exploring old mine shafts etc. I bought mine right before I deployed back in 08 and got it for $4000 and also bought another that is non running for parts, got a complete engine, drive train. The mice love it unfortunately.

  • Ajla Lol, this is so good. No more turbos, no more CVTs, same power, more torque, better delivery, more efficient. Unless it is priced way outside the norm this is a big winner. And I agree this makes certain manufacturers look embarrassing.
  • EBFlex Man it’s good to be proven right, yet again. Ford is a complete disaster and Fartley needs to go asap. Hes cancer just like Mulally. This push into EVs has completely ruined Ford. And their dictator like demands of the dealers has been extremely unreasonable. It’s nice to see manufacturers suffering greatly from diving head first into EVs.
  • Theflyersfan Good step one here Honda because the Civic is a strong seller. Now let's hear about your Prius Prime fighter plug in hybrid Civic. They fell behind - the Insight never tore up the sales charts - I'd expect markups and wait lists given we might have a hybrid here that could be somewhat fun to drive.
  • SCE to AUX Absurd."seven vehicles being planned for the United States by 2027"If that's the total number of vehicles shipped, then it makes sense.True statement: "French automakers seem to have a real knack for building innovative vehicles and totally misunderstanding the American market"
  • Jkross22 All in this lease is $810-840/month after tax. Not horrible but by no means is this a deal. It's also a 30k mile lease, meaning you'll likely be paying more at the end for the extra miles plus the $500 disposition fee. So it's about 30 grand for the 3 years. No gracias.
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