How much does the 2023 Toyota Tacoma cost?

Prices have softened 2.27% compared to this time last year, making it a favorable time to shop this model year.

There are 7,827 listings available, which suggests you have a healthy amount of inventory to compare.

If you find a listing below $35,384.47, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Toyota Tacoma a good car?

Generally — with a 4.27/5 user rating and a 7.33/10 expert rating, the 2023 Toyota Tacoma lands as a strong but not flawless choice. The standout strength is Look and feel at 9/10.

Owners repeatedly praise its reliability, performance, and off-road capability, and they also point to its strong resale value and sturdy build. The trade-offs are the tight interior space and the lack of some modern features compared with rivals. That lines up with the truck’s use-case: you’re getting a midsize pickup that works well as a dependable daily driver, a work truck, or an adventure-focused rig, but not the most spacious or tech-forward cabin in the class. Good and great deals make up 32.3% of listings, so there’s still room to shop carefully.

Is the 2023 Toyota Tacoma reliable?

Owners rate it 4.27/5, a solid signal of long-term satisfaction. Owners also describe it as reliable, dependable, and sturdy, with a reputation for trouble-free ownership and long-term confidence. The expert review reinforces that theme by calling out its bullet-proof reliability and strong build quality.

Toyota’s Tacoma also emphasizes durability-minded engineering, which supports the sense that it’s built to be counted on over time. If you’re buying used, the main long-term ownership risk is less about headline reliability and more about finding a truck that hasn’t been worked hard, modified heavily, or worn down by off-road use.

What should I look for when buying a used 2023 Toyota Tacoma?

Accident-free inventory is solid at 88.1% — always verify the vehicle history report.

You should still run a history report on any truck you’re considering, even if the listing looks clean. Prioritize a pre-purchase inspection if the Tacoma has off-road miles, aftermarket parts, or signs of heavy towing. Focus on cabin wear, suspension condition, and whether the truck’s equipment matches the trim level and price you’re paying.

Key things to evaluate:

• Trim level: The base SR trim is the most spartan, with fabric-and-plastic materials and fewer comfort touches than higher trims. At the other end, Limited brings leather upholstery and soft-touch materials, while TRD Pro adds a more rugged, off-road-focused setup.
• Powertrain: Lower trims use a 2.7-liter four-cylinder with 159 horsepower and 180 pound-feet of torque, while the 3.5-liter V6 delivers 278 horsepower and 265 pound-feet of torque. The V6 is the better choice if you want stronger everyday performance, though fuel economy still trails many rivals.
• Safety package: Toyota Safety Sense includes automatic emergency braking with pedestrian detection, adaptive cruise control, lane-departure alert, and automatic high beams. Higher trims can add blind-spot monitoring, rear- and side parking distance sensors, and a surround-view camera, but you won’t get lane-keeping assist or rear automatic emergency braking.
• Infotainment: Base SR trims use a 7-inch touchscreen, while higher trims get an 8-inch screen. All Tacomas include Bluetooth, Apple CarPlay, Android Auto, and SiriusXM satellite radio, but the system feels dated compared with newer competitors.
• Fuel efficiency: The four-cylinder with RWD is rated at 20 mpg city, 23 highway, and 21 combined. The V6 with 4WD is rated at 18 city, 22 highway, and 20 combined, while manual-transmission models return 17 city, 21 highway, and 18 combined.

Which 2023 Toyota Tacoma trim should I buy?

The 2023 Toyota Tacoma is offered in 6 trim levels: SR, SR5, TRD Sport, TRD Off-Road, TRD Pro, and Trail Special Edition.

Here's the short version:

• Base trim: SR is the most stripped-down choice, so you give up the nicer materials and equipment found higher up the range. It’s the one to choose only if price matters more than comfort or features.
• Sweet-spot trim: SR5 is the best value for most shoppers because it adds more everyday usability without pushing you into the pricier off-road or luxury-focused trims.
• Premium/top trim: Limited is the best pick if you want the most upscale cabin, with leather upholstery and soft-touch materials that make the truck feel more refined.
• Off-road trim: TRD Pro is the one to buy if off-road capability is your priority, but it comes with a much higher price and a setup that’s less ideal for typical daily driving.

Toyota Safety Sense is standard across the lineup, but the Tacoma still misses some more advanced driver-assistance features found on newer rivals.

Is now a good time to buy a used 2023 Toyota Tacoma?

This is a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 32.3% of listings are priced as good or great deals.
• Inventory: There are 7,827 listings available.
• Price trend: Prices have softened 2.27% compared with last year.
• Clean inventory: 88.1% of listings are accident-free.

If you find a listing below $35,384.47, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota Tacoma's resale value?

The current average of $37,158 sits slightly below last year's $38,022.

That modest decline suggests the Tacoma is holding value reasonably well rather than dropping sharply. For a future seller, that’s a good sign: you’re not looking at a truck that has been heavily discounted by the market. The Tacoma’s reputation for reliability and strong owner satisfaction should help keep buyer interest steady, especially if your truck is clean, well maintained, and lightly used.

Vehicles with solid owner satisfaction ratings, like this model year's 4.27/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Toyota Tacoma safe?

It was not awarded a Top Safety Pick award from the Insurance Institute for Highway Safety, and it earns four-star ratings overall from NHTSA, with five-star ratings in side-impact tests and four-star ratings in frontal crash and rollover tests.

It earns a 7/10 safety score from our experts.

Toyota Safety Sense includes automatic emergency braking with pedestrian detection, adaptive cruise control, lane-departure alert, and automatic high beams. Higher trims can add blind-spot monitoring, rear- and side parking distance sensors, and a surround-view camera. The main caveat is that the Tacoma lacks lane-keeping assist and rear automatic emergency braking, which makes it feel less advanced than some newer competitors.

Should I buy a 2023 Toyota Tacoma or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 32.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 88.1% — always verify the vehicle history report.
• Price trend: Prices have softened 2.27% compared with last year.
• Owners rate it 4.27/5 — a solid satisfaction signal.
• It blends legendary reliability with strong off-road capability, but the cabin and tech are aging.

Consider the 2022 if:

• At $33,900, the 2022 costs less than the current year's $37,158 average.
• It’s a dependable midsize truck with strong off-road ability and a familiar, rugged formula.

Consider the 2024 if:

• At $39,017, the 2024 costs more than the current year's $37,158 average.
• It brings a more modern redesign, a turbocharged engine, and a more advanced cabin.

The bottom line: If you want the familiar Tacoma formula and a better chance at finding a deal, the 2023 is the safer buy. If your budget is tighter, the 2022 gives you much of the same appeal for less. If you want the newest tech and a more modern truck, it makes sense to stretch to the 2024.

These recommendations are based on CarGurus' proprietary market data from July 22, 2026, CarGurus experts' opinions, and generative AI.