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.

  • JK Savoy Blue is a thing, but Sestriere White? Sestriere is a ski town near Turin, so I guess it meant to conjure up thoughts of snow. Pretty car. I hope Pininfarina has success. The industry in and around Turin has taken a big hit and is a shadow of its former self.
  • Ravenuer My 2023 CRV EX, 6 mo old, 4800 miles: $0.
  • TheEndlessEnigma My '16 FiST: Oil changes, tires, valve cover gasket (at 112k miles), coolant flush, brakes.....and that's itMy '19 Grand Caravan: Oil changes, coolant flush
  • John Clyne I own a 1997 GMC Suburban that I bought second hand. It was never smoked in but had lost the new car smell when I got it four years after it was sold new. I own a 2005 Chevrolet Avalanche & that still has the new car smell. I like the smell. I could never afford a new car until the Avalanche. It might be my last new car? Why do they build cars with fire retardant materials in them. Smoking rates are falling & if someone continues to smoke in this day & age is a fool especially with all the information out there.
  • Theflyersfan Non-performance models, probably the Civic based on the fact the interior feels and looks better in the Honda. Both of them are going to drive like adequate appliances with small engines and CVTs and get decent mileage, so this is based on where my butt will rest and things my hands and fingers will touch.Toyota doesn't have an answer to the Civic Si so the Honda wins by default.CTR vs GR Corolla. One dealer by me is still tacking on $10,000 markups for the CTR and good luck with the GR Corolla and the "allocation" system. There's that one dealer in Missouri that I pasted their ad a while back wanting $125,000 for a mid-level GR. Nope. But cars.com is still showing markups. Both of these cars will have little depreciation for a while, so the markups equal instant loss. It looks like Cincinnati-area dealers are done with CTR markups. So this is a tough choice. I don't like the Corolla interior. It looks and feels inexpensive. I'm glad Honda toned down the exterior but the excessive wing still looks immature for such an expensive car that 20-somethings likely cannot afford. FWD vs AWD. With price being an object, and long-term maintenance a thing, I'd go with the Honda with a side eye at the Golf R as a mature choice. All with stick shifts.
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