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If you’re thinking of buying a Toyota Tacoma instead of a Tundra to save money, think again. While the base price of the Tacoma is considerably lower, adding options such as 4WD, a V6, and a four-door cab launches it into Tundra territory. What’s more, every 2022 Tundra comes with four doors and a fuel-efficient, twin-turbocharged V6.

How much does the Toyota Tundra cost?

Toyota’s Tundra is all-new for 2022, and it’s expensive for a full-size pickup truck. A Toyota Tundra SR will set you back at least $35,950. That said, Toyota’s dropped its cheaper two-door cab and entry-level engine option.

White Toyota Tundra pickup truck on an off-road trail.
2022 Toyota Tundra TRD Pro | Toyota

The 2WD Tundra does come with Toyota’s automatic limited-slip differential. But that may not be enough for your off-roading needs. If you want to upgrade your 2022 Tundra SR with a part-time 4WD system it will cost you $3,000, bumping the MSRP to $38,950.

In addition, the base model Tundra SR comes with Toyota’s small, four-door “double cab.” If you want an SR with the larger “CrewMax” cab you’ll also need to trade the 6.5-foot bed for a 5.5-foot bed and upgrade to the SR5 trim. This will still bump your 2WD MSRP to $42,805.

Finally, Toyota equips the Tundra SR with a detuned version of its 3.44-liter turbocharged V6 that only makes 348 horsepower and 405 lb-ft of torque. If you want the towing and hauling capability of the full 389 horsepower/479 lb-ft engine, you’ll need to fork over at least $40,755 for the Tundra SR5.

Learn more about Toyota’s entry-level Tundra trims.

How much does the Toyota Tacoma cost?

Toyota advertises a $27,150 starting price for its 2022 Tacoma SR. This truck comes with 2WD, a two-door access cab with four seat belts, and Toyota’s 159 horsepower inline four-cylinder engine paired with a six-speed automatic.

Promo photo of a gray Toyota Tacoma parked in the desert.
2022 Toyota Tacoma | Toyota

Toyota’s top-trim Tacoma is its TRD Pro. This trim level starts at $46,585. And that might seem like a lot of money for a Tacoma, but if you begin to upgrade your entry-level SR, its price climbs quickly.

If you want 4WD it will cost you $3,075 dollars, bumping your MSRP to $30,225. Or, if you want four doors and five seatbelts, you’ll need to upgrade to a double cab. But you must also drop to a five-foot bed, so this option will only add $830, for an MSRP of $27,980. Finally, if you want more than 159 horsepower you’ll have to upgrade to Toyota’s 3.5-liter naturally-aspirated V6 which is a $2,260 option, bumping your MSRP to $29,410.

You can have any one of these options while keeping your MSRP below $31k. But if you want all three: four doors, 4WD, and a V6, your MSRP will be at least $33,415. And that’s only $2,535 less than an entry-level Tundra SR. And here’s the kicker: upgrading to that Tundra SR gets you more space, a more powerful engine, and a better transmission.

Does owning a Tundra cost more than owning a Tacoma?

Some midsize pickup truck buyers may think they are selecting the most fuel-friendly option. But Toyota targeted efficiency with its latest Tundra, tossing its naturally-aspirated V8 in favor of a twin-turbocharged V6 and ten-speed automatic. The resulting full-size gets just 1 mpg less than the Tacoma in most configurations.

The interior of an all-new 2022 Toyota Tundra full-size pickup truck with a city skyline in the background.
2022 Toyota Tundra interior | Toyota

As a general rule, most maintenance bills for a full-size truck will be higher than for a midsize. Heavy-duty components in a full-size truck simply cost more to replace. In addition, we don’t yet know about the all-new Tundra’s reliability long-term. But with Tacoma sales dipping and Tundra sales increasing, its obvious that many Toyota truck buyers can’t ignore the new Tundra’s efficient design and competitive price.


Toyota Hopes You Trade Your Tacoma In for a Tundra