First Look: The 2024 Toyota Tacoma’s Long Overdue Redesign is Here

Our full guide to the next-gen Tacoma - including release date, pricing, your powertrain options, cab configuration options, off-road specs, and more.

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Kona, HI — Why change a good thing, right? Well, in the ever-evolving world of automobiles, that mantra doesn’t really stick, and while most Taco owners are likely content, Toyota’s mid-size pickup needed a major overhaul. 2016 brought various updates to its styling, features, and performance. But for 2024, Toyota essentially reinvented this thing, now resembling a mini-Tundra boasting a bold, carved design, a completely redesigned interior with a fresh look and feel, and a potent hybrid powertrain for the range-topping models.

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2024 Toyota Tacoma Release Date and Price

2024 Toyota Tacoma Trailhunter parked outside in Kona, Hawaii
The first-ever range-topping 2024 Toyota Tacoma Trailhunter is only available with a hybrid powertrain. Photo: Amee Reehal

Toyota is giving us a late 2023 release date for the new Tacoma. Note this is only for the gas-powered i-FORCE models. The Tacoma hybrid models, including those powered by the i-FORCE MAX, will arrive later in the Spring of 2024. Here’s 2024 US and Canada pricing for the gas-powered Tacomas only; hybrid pricing has not yet been released.

2024 Tacoma Grade (Gas only)US MSRP
SR XtraCab 6’ Bed$34,700
SR5 XtraCab 6’ Bed$39,400
SR5 Double Cab 6’ Bed$40,900
TRD Sport Double Cab 5’ bed$39,400
TRD Sport Double Cab 5’ Bed$42,600
TRD Sport Double Cab 5’ Bed (Manual)$41,800
TRD PreRunner XtraCab 6’ Bed$38,100
TRD Off Road Double Cab 5’ Bed$42,900
TRD Off Road Double Cab 5’ Bed (Manual)$41,800
Limited Double Cab 5’ Bed$52,100
2024 Tacoma Grade (Gas only)Canada MSRP
SR5$50,511
TRD Off Road$54,211
TRD Sport$53,611
TRD Sport+$58,011
TRD Sport Premium$61,711
TRD Off Road 6MT$52,111
TRD Off Road Premium$61,911
TRD Sport+ 6MT$55,911
Price includes MSRP/freight PDI/AC charge/maximum Dealer fees/maximum other fees & charges.

New Tacoma Models and Cab Configurations: Here Are Your Options

2024 Toyota Tacoma Limited in red front view
2024 Toyota Tacoma Limited. Photo: Amee Reehal

The new Tacoma will come in eight trims for 2024, including SR, SR5, TRD PreRunner, TRD Sport, TRD Off-Road, Limited, Trailhunter, and TRD Pro. Configurations include Two-door XtraCab with a 6-foot bed, Four-door Double Cab with a 5-foot bed, and Four-door Double Cab with a 6-foot bed. Below is a quick chart, but for more on grades, please see our guide – A Taco For Everyone: The 2024 Toyota Tacoma Model Lineup Explored

2024 Tacoma TrimConfiguration
SRXtraCab Double Cab
SR5XtraCab Double Cab
TRD PreRunnerXtraCab
TRD SportDouble Cab
TRD Off-RoadDouble Cab
LimitedDouble Cab
TRD ProDouble Cab
TrailhunterDouble Cab

Tacoma Horsepower and Engine Options Up Close

2024 Toyota Tacoma TRD Sport rear in blue
2024 Toyota Tacoma TRD Sport. Photo: Amee Reehal

Powering the new Tacoma is the standard i-FORCE turbocharged 2.4L 4-cylinder. Horsepower on the low-end for the entry-level SR is 228 horsepower, paired with an 8-speed automatic transmission. The same engine on all other trims increases power by 50 horses, to a maximum of 278 horsepower paired to the same 8-speed tranny. 

Tacoma Hybrid with massive torque specs

Need more power and torque? Go for the hybrid-powered Tacoma with the i-FORCE MAX, putting down an impressive 326 horsepower total output, also with the 8-speed transmission. The electric motor alone makes 48 horsepower. The hybrid’s 465 lb.-ft. torque blows past the gas-powered Tacoma’s maximum torque rated at 317 lb.-ft.

Below, a look at all four engine options and specs:

1) i-FORCE – SR model:

  • Engine: 2.4L turbo, 4-cylinder
  • Transmission: 8-speed auto
  • Horsepower: 228 hp @ 6,000 RPM 
  • Torque: 243 lb.-ft. @ 1,700 RPM 

2) i-FORCE – 6-speed manual:

  • Engine: 2.4L turbo, 4-cylinder
  • Transmission: 6-speed manual
  • Horsepower: 270 hp @ 5,400 RPM  
  • Torque: 310 lb.-ft. @ 1,700 RPM  

3) i-FORCE – 8-speed auto:

  • Engine: 2.4L turbo, 4-cylinder
  • Transmission: 8-speed auto
  • Horsepower: 278 hp @ 6,000 RPM  
  • Torque: 317 lb.-ft. @ 1,700 RPM  

4) i-FORCE MAX:

  • Engine: 2.4L turbo hybrid, 4-cylinder
  • Transmission: 8-speed auto
  • Horsepower: 326 hp @ 6,000 RPM   
  • Torque: 465 lb.-ft. @ 1,700 RPM   

2024 Tacoma with a manual transmission

2024 Toyota Tacoma 6-speed manual
2024 Toyota Tacoma TRD Sport with 6-speed manual transmission. Photo: Amee Reehal

Good and bad news for stick shift lovers. The good news is Toyota will offer a 6-speed manual transmission for 2024. The bad news isn’t all that bad: power and torque drop slightly for the manual, down to 270 horsepower and 310 lb.-ft. Also, only these grades offer stick shift:

  • SR (Double Cab)
  • TRD Sport (Double Cab)
  • TRD Off-Road (Double Cab)

Less Towing Capacity Than Before

2024 Toyota Tacoma TRD Sport and Limited
2024 Toyota Tacoma TRD Sport and Limited. Photo: Amee Reehal

We know the 278-hp gas-powered 2.4L turbo will tow a maximum of 6,500 pounds. That’s the same towing capacity as the 2020 Tacoma and down from the 2023 Tacoma’s 6,800 pounds. The turbo hybrid will pull 6,000 pounds with a 1,709-pound payload. These towing numbers are lower, considering that most mid-size pickups are rated to tow around 7,500 pounds. We asked Toyota why this was, and the reason seems to be based on reliability over vanity towing numbers.

In other words, increasing towing specs adds more moving parts; the engine takes a minor hit. Considering Tacoma owners don’t typically use their mid-size pickups for pulling duties, the trade-off wasn’t worth it. Frankly, 6,500 pounds is sufficient to pull small things like RVs, boats, etc. And if towing is a major buying factor, go for the full-size Tundra that doubles what the Tacoma tows, at around 12,000 pounds maximum.

2024 Toyota Tacoma Off-Road Specs

2024 Toyota Tacoma rear door now with button
2024 Toyota Tacoma Limited rear door with a new button. Photo: Amee Reehal

If you’re taking your Taco off-road, here are some other vital specs, including ground clearance, suspension, and more. Also worth noting, all 2024 Tacomas get Toyota Safety Sense 3.0 as standard — a suite of safety features including lane departure warning, road sign assist, auto high beams, pre-collision & pedestrian detection, proactive driving assist, and radar cruise control. 

  • Ground clearance (max): 9.5 inches
  • Running ground clearance (max): 11 inches
  • Drivetrains: 1) 4×2 with Auto LSD (rear e-locker available), 2) 4×4 with two-speed transfer case + A-TRAC, 3) Full-time 4×4 with two-speed transfer case
  • Suspensions: 1) Double wishbone front, 2) Leaf-spring (SR, SR5 XtraCab, TRD PreRunner), 3) Multilink rear suspension
  • Approach (max): 33.8-degree
  • Breakover (max): 23.5-degree
  • Departure Angles: 25.7-degree
2024 Toyota Tacoma Trailhunter rear view profile
2024 Toyota Tacoma Trailhunter. Photo: Amee Reehal

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2024 Tacoma Teaser Photos

Limited (red) and TRD Sport (blue) models are shown. Photos: Amee Reehal

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Author:
Amee Reehal
Amee Reehalhttps://www.ameereehal.com/
Shooting cars and bikes professionally since film was a thing, for over 20 years, Amee has collaborated with the major automakers and agencies, and his work has been published in various global outlets including MotorTrend, GlobeDrive, SuperStreet, Chicago Tribune, PerformanceBMW, and others. He’s an automotive writer and founder/managing editor of TractionLife.com, focusing on digital marketing & SEO for the past ten years (backed by a marketing degree, go figure). Find him travelling, spending time with his kids and family. Or golfing, poorly.