2023 Toyota Tacoma S — Carivo review Representative photo — may show another model year
Truck

2023 Toyota Tacoma S

Independent review & score by Carivo

Price Range $35,138–$41,925
Fuel Economy 22 MPG
Seating 5 passengers
Category Truck
Est. Annual Fuel $2,386/yr
The 2023 Toyota Tacoma S scores 8.0/10 at Carivo, ranking #1 of 515 trucks and an estimated $2,386/year fuel cost.

Key Specifications — 2023 Toyota Tacoma S

Seating Capacity5 passengers
Body StyleTruck
Base Price$35,138–$41,925

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2023 Toyota Tacoma S

With an overall Carivo score of 8.0/10, the 2023 Toyota Tacoma S earns a Recommended rating among the trucks we've scored. Its strongest dimension is Reliability at 9.0/10, while Technology at 7.3/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. We rate the Toyota Tacoma S's reliability at 9.0/10 — among the strongest in our truck database, reflecting the nameplate's track record and recall history. On safety it earns 8.1/10: respectable, if not class-leading — several competitors bundle more driver-assist tech as standard. Check your trim's official ratings at nhtsa.gov.

Performance lands mid-pack at 7.6/10: enough power and composure for everyday needs, without the dynamics that distinguish the segment's driver-focused options. Technology comes in at 7.3/10 — functional and modern, with wireless connectivity and core ADAS features, though some competitors pack more standard tech at this price point.

Priced from $35,138–$41,925, 22 MPG, seating 5, the Toyota Tacoma S sits in the mid-market bracket of the truck segment. Value lands at 7.4/10 — you get what you pay for, no more and no less, with a few rivals offering slightly better per-dollar returns. At 3 years old, it's worth checking whether a newer generation or refresh has addressed any weaker dimensions — compare it to the current model year before buying.

Bottom line: Think of the 2023 Toyota Tacoma S as the dependable pick rather than the exciting one. Shoppers who value predictability over headlines will be well served.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Trucks

The 2023 Toyota Tacoma S ranks #1 of 515 trucks in the Carivo database — better than 100% of the segment. Its 8.0/10 overall score is 0.6 points above the segment average of 7.4/10. Its $35,138 starting price sits close to the segment's median of $35,138.

Rankings are recalculated as new vehicles and scores are added. See the full Truck ranking → · Best Trucks under $50k →

5-Year Cost Snapshot — 2023 Toyota Tacoma S

Fuel (75,000 miles)~$11,930 ($2,386/year at $3.50/gal)
InsuranceVaries widely by driver and state — always quote the exact trim before buying

We only print costs we can compute from sourced data (EPA fuel economy, NHTSA recalls). We don't estimate maintenance or depreciation — anyone who gives you one number for those is guessing.

Which Tacoma S Year Should You Buy?

Smart-money pick: the 2020 Toyota Tacoma S scores 7.7/10 — within striking distance of the 2023's 8.0 — and starts roughly $3,500 lower. If you don't need the newest model year, that's money better spent on a higher trim or kept in your pocket.

YearScoreStarting price (MSRP when new)
2026 8.0/10$37,311 Read review →
2025 8.0/10$37,311 Read review →
2024 7.9/10$36,225 Read review →
2023 (this review) 8.0/10$35,138
2022 7.8/10$34,051 Read review →
2021 7.7/10$32,964 Read review →
2020 7.7/10$31,877 Read review →
2019 7.6/10$30,791 Read review →
2018 7.6/10$29,704 Read review →
2017 7.5/10$28,617 Read review →
2016 7.6/10$27,530 Read review →
2015 7.5/10$26,444 Read review →

Pros & Cons — 2023 Toyota Tacoma S

✓ What it does well

  • Proven long-term reliability — lower unplanned repair costs than class average
  • Strong safety ratings from NHTSA and independent testers
  • Competent performance that satisfies most everyday driving demands
  • Versatile body style handles daily commuting and weekend adventures equally well

✗ Where it falls short

  • Tech suite is functional but lags behind segment-best options; some features cost extra
  • Brand resale values vary — check current market data before committing

Common Questions — 2023 Toyota Tacoma S

Is the 2023 Toyota Tacoma S reliable?

We rate the 2023 Toyota Tacoma S's reliability 9.0/10 — one of the stronger records in its class.

Is the 2023 Toyota Tacoma S worth buying?

It scores 8.0/10 overall, ranking #1 of 515 trucks in our database (better than 100% of the segment). A solid choice for most buyers — compare it against the segment leaders before deciding.

How much does the 2023 Toyota Tacoma S cost?

The 2023 Toyota Tacoma S starts at $35,138 and ranges up to $41,925 across trims (MSRP when new). At 22 MPG, expect roughly $2,386/year in fuel at 15,000 miles/year.

Which Tacoma S years should you avoid?

Based on our year-by-year scoring, the weakest Tacoma S years we've rated are 2017 (7.5/10), 2015 (7.5/10) — each at least half a point below the nameplate's best (8.0/10). See the full year table above before deciding.

Owner Essentials — Toyota Tacoma S

Practical extras owners actually buy. These are Amazon search links — as an Amazon Associate, Carivo earns from qualifying purchases at no cost to you.

All-weather floor mats → Dash cam → OBD2 scanner → Phone mount →

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