3 Reasons to Wait Before Buying a 2023 Toyota Tacoma

Buying a 2023 Tacoma is something many will have in mind this year. It’s one of America’s best-selling models year after year, and we don’t expect that to change anytime soon. However, for 2023, there are several reasons to wait before buying one. None of the reasons for waiting have anything to do with the midsize truck’s woes. Here are three reasons to wait before buying a.

1. Electric and hybrid Toyota Tacomas are coming

2023 Toyota Trail Edition | Toyota

The number one reason to wait before buying the 2023 Toyota Tacoma is to consider a hybrid or electric version in the future. Closer to 2024, it’s been reported that the next-generation Tacoma will add an EV to its lineup. Estimated to start around $50,000, it could be the fuel-efficient model you’ve been waiting for, or it could be so popular that it’s easier (and cheaper) for you to get a non-electric Tacoma. Either way, 2024 is something worth waiting for.

It is set to enter the mid-size truck lineup. The automaker has stated that it wants every model to have at least a hybrid powertrain option by 2025. As a result, a fuel economy version of the Tacoma is on the way. It might be worth the wait before buying the 2023 Toyota Tacoma.


Next, if you pay attention to the pickup market, you may have noticed the Ford Maverick’s fame. As an affordable entry-level model, the Maverick sold out every time dealers restocked it. Now, other automakers have taken notice, one of them being Toyota. If the Tacoma is to your liking but is out of your price range, a new one might be the answer.

Although it will be smaller in size, we expect the new minivan to share a lot, like styling, with the next-generation Tacoma. If it’s priced to compete with the Maverick, it’s on the lower end of the $20,000 mark to start, making it nearly $10,000 cheaper than the base model Tacoma. Moreover, we can see that it uses a version of the RAV4 Prime’s hybrid powertrain, which has the potential to offer some of the best fuel economy.

3. The 2023 Toyota Tacoma is scheduled to be updated

A blue 2016 Toyota Tacoma midsize pickup truck is shown.
2016 Toyota Tacoma | Andrew Harrier/Bloomberg via Getty Images

The last reason to wait before buying the 2023 Toyota Tacoma is to wait for an update. The old mid-size pickup is starting to show its age, and it hasn’t been restyled since 2016. To keep up with other pickups, Toyota is starting a new generation. Accordingly, the 2024 Toyota Tacoma will usher in a new generation with a redesigned exterior design and a more luxurious interior. It’s expected to share many styling cues with the recently redesigned Sequoia SUV and full-size Tundra truck.

However, if you like the design of the current Tacoma, now’s the time to buy. New versions of the popular model will no longer look the same. However, if you’re tired of seeing the same Tacoma that’s been around for nearly eight years, it might be smart to wait. That is why the last reason to wait before buying a new one is to redesign it in 2024.

Reasons to wait before buying the 2023 Toyota Tacoma

In conclusion, there are plenty of reasons to wait before you buy the 2023 Toyota Tacoma. In the next year or so, we’ll see an electric and hybrid variant, a new RAV4 pickup at a lower cost, and a redesign of the midsize truck. For these reasons, waiting to buy one means you’ll get a better, more fuel-efficient version in the future. However, if none of those reasons are important to you, there’s nothing wrong with the 2023 Toyota Tacoma, America’s best-selling midsize truck.

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