Only 1 Full-Size 2023 Pickup Truck Has an MSRP Below $35K

Only a few months ago, you could choose between multiple full-size pickup trucks for less than $30k. But as global supply chain crises have slowed vehicle production, MSRPs are increasing across the board. A single automaker is advertising a 2023 half-ton truck for under $35k: the Ford F-150 XL.

How much does the 2023 Ford F-150 cost?

Ford is advertising a $33,695 MSRP for its 2023 F-150’s XL trim. This makes it the cheapest 2023 pickup model listed. Edmunds estimates that after the destination cost and other fees, this truck will set you back $36,380.

A full-size, light-duty, half-ton, Ford F-150 pickup truck parked on a rocky 4WD trail, a blue sky visible in the background.
2023 Ford F-150 XL | Ford Motor Company

The XL is the most basic trim of Ford’s F-150. It has a vinyl floor liner, vinyl seats, and manual air conditioning. Standard features also include an 8-inch touchscreen and automatic emergency braking. New for 2023, every XL gets standard power windows, power door locks, and cruise control. As with every modern truck, airbags, ABS, and a backup camera are included as well.

The $33,695 MSRP gets you into a 2WD F-150 XL with a “regular” two-door cab. It is powered by a naturally-aspirated 3.3-liter V6 that makes just 290 horsepower. But it does get Ford’s 10-speed automatic transmission to help it keep up with other entry-level trucks.

Can you buy a Ram 1500 Classic for $35k?

If you must have a two-door Ram truck, you can get a freshly built late-model 1500 called the “Classic.” It is targeted at fleet owners, and you can still order the 2022 model for just $30,235.

Detail shot of the badges of a Ram 1500 Classic pickup truck which features an MSRP below $35k.
2019 Ram 1500 Classic | Stellantis

When Ram released the fifth generation of its 1500 for the 2018 model year, it made some major changes. Even the entry-level came with a mild-hybrid system, and the automaker upgraded to an all-new interior. It also did away with the two-door regular cab. The fifth-generation Ram only comes with a full-size cab and a small four-door “quad” cab.

Since 2018, Ram has continued manufacturing the old fourth-generation of its half-ton 1500 for fleet buyers. That said, Ram has pledged that every 2023 model year truck will have automatic braking–an option not engineered into this leftover 2018 truck–so we’ll have to see what the future holds for the Ram 1500 Classic.

For the time being, Ram still has some 2022 1500 Classic trucks left. If you can find one, you should be able to buy it even cheaper than the Ford F-150 XL.

How much do pickup trucks cost in 2023?

Every automaker had to increase its pickup truck prices for 2023. But every half-ton model still has at least one trim level with an MSRP below $40k. Obviously, upgrading to a V8, 4WD, or four-doors will cost you much more.

The interior of Ford's entry-level F-150 XL trim outfitted with cloth seats, a mountain range visible outside the window.
2023 Ford F-150 XL interior | Ford Motor Company

You can split 2023 pickup truck MSRPs into two categories. The F-150, Silverado, and Sierra all reflect the price of the basic two-door regular cab truck. The Ram 1500, Toyota Tundra and Nissan Titan only offer various four-door cabs and thus have higher starting prices.

You can see how all of the 2023 pickup truck MSRPs stack up in the table below. The first column of prices is what the manufacturer advertises. The second column attempts to include fees such as destination charges–courtesy of Edmunds.

ConfigurationManufacturer’s Advertised MSRPEdmunds’ Estimated Total
Ford F-150 XLRegular cab (2-door)$33,695$36,380
Chevrolet Silverado 1500 WTRegular cab (2-door)$35,600$37,395
GMC Sierra 1500 ProRegular cab (2-door)$37,200$38,195
Ram 1500 TradesmanQuad cab (small 4-door)$37,090$38,295
Toyota Tundra SRDouble cab (small 4-door)$36, 965$38,000
Nissan Titan SKing Cab (rear suicide doors)$39,700$41,495

Next, find out the cheapest full-size 4-door pickup truck or see the 2023 Ford F-150’s “Rattler” package reviewed in the video below:

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