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.

  • Bd2 Lexus is just a higher trim package Toyota. ^^
  • Tassos ONLY consider CIvics or Corollas, in their segment. NO DAMNED Hyundais, Kias, Nissans or esp Mitsus. Not even a Pretend-BMW Mazda. They may look cute but they SUCK.I always recommend Corollas to friends of mine who are not auto enthusiasts, even tho I never owed one, and owned a Civic Hatch 5 speed 1992 for 25 years. MANY follow my advice and are VERY happy. ALmost all are women.friends who believe they are auto enthusiasts would not listen to me anyway, and would never buy a Toyota. They are damned fools, on both counts.
  • Tassos since Oct 2016 I drive a 2007 E320 Bluetec and since April 2017 also a 2008 E320 Bluetec.Now I am in my summer palace deep in the Eurozone until end October and drive the 2008.Changing the considerable oils (10 quarts synthetic) twice cost me 80 and 70 euros. Same changes in the US on the 2007 cost me $219 at the dealers and $120 at Firestone.Changing the air filter cost 30 Euros, with labor, and there are two such filters (engine and cabin), and changing the fuel filter only 50 euros, while in the US they asked for... $400. You can safely bet I declined and told them what to do with their gold-plated filter. And when I changed it in Europe, I looked at the old one and it was clean as a whistle.A set of Continentals tires, installed etc, 300 EurosI can't remember anything else for the 2008. For the 2007, a brand new set of manual rec'd tires at Discount Tire with free rotations for life used up the $500 allowance the dealer gave me when I bought it (tires only had 5000 miles left on them then)So, as you can see, I spent less than even if I owned a Lexus instead, and probably less than all these poor devils here that brag about their alleged low cost Datsun-Mitsus and Hyundai-Kias.And that's THETRUTHABOUTCARS. My Cars,
  • NJRide These are the Q1 Luxury division salesAudi 44,226Acura 30,373BMW 84,475Genesis 14,777Mercedes 66,000Lexus 78,471Infiniti 13,904Volvo 30,000*Tesla (maybe not luxury but relevant): 125,000?Lincoln 24,894Cadillac 35,451So Cadillac is now stuck as a second-tier player with names like Volvo. Even German 3rd wheel Audi is outselling them. Where to gain sales?Surprisingly a decline of Tesla could boost Cadillac EVs. Tesla sort of is now in the old Buick-Mercury upper middle of the market. If lets say the market stays the same, but another 15-20% leave Tesla I could see some going for a Caddy EV or hybrid, but is the division ready to meet them?In terms of the mainstream luxury brands, Lexus is probably a better benchmark than BMW. Lexus is basically doing a modern interpretation of what Cadillac/upscale Olds/Buick used to completely dominate. But Lexus' only downfall is the lack of emotion, something Cadillac at least used to be good at. The Escalade still has far more styling and brand ID than most of Lexus. So match Lexus' quality but out-do them on comfort and styling. Yes a lot of Lexus buyers may be Toyota or import loyal but there are a lot who are former GM buyers who would "come home" for a better product.In fact, that by and large is the Big 3's problem. In the 80s and 90s they would try to win back "import intenders" and this at least slowed the market share erosion. I feel like around 2000 they gave this up and resorted to a ton of gimmicks before the bankruptcies. So they have dropped from 66% to 37% of the market in a quarter century. Sure they have scaled down their presence and for the last 14 years preserved profit. But in the largest, most prosperous market in the world they are not leading. I mean who would think the Koreans could take almost 10% of the market? But they did because they built and structured products people wanted. (I also think the excess reliance on overseas assembly by the Big 3 hurts them vs more import brands building in US). But the domestics should really be at 60% of their home market and the fact that they are not speaks volumes. Cadillac should not be losing 2-1 to Lexus and BMW.
  • Tassos Not my favorite Eldorados. Too much cowbell (fins), the gauges look poor for such an expensive car, the interior has too many shiny bits but does not scream "flagship luxury", and the white on red leather or whatever is rather loud for this car, while it might work in a Corvette. But do not despair, a couple more years and the exterior designs (at least) will sober up, the cowbells will be more discreet and the long, low and wide 60s designs are not far away. If only the interiors would be fit for the price point, and especially a few acres of real wood that also looked real.
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