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

2023 Toyota Tacoma SL

Independent review & score by Carivo

Price Range $39,721–$47,394
Fuel Economy 22 MPG
Seating 5 passengers
Category Truck
Est. Annual Fuel $2,386/yr
The 2023 Toyota Tacoma SL scores 7.9/10 at Carivo, ranking #16 of 515 trucks and an estimated $2,386/year fuel cost.

Key Specifications — 2023 Toyota Tacoma SL

Seating Capacity5 passengers
Body StyleTruck
Base Price$39,721–$47,394

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

About the 2023 Toyota Tacoma SL

The 2023 Toyota Tacoma SL is a truck that earns a Carivo score of 7.9/10 — rated Recommended. Its strongest dimension is Reliability at 9.0/10, while Value at 7.2/10 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. Reliability stands out at 9.0/10. The Tacoma SL nameplate has earned that score through its track record and a comparatively clean recall sheet. Safety lands at 8.1/10 — solid, though some rivals offer more advanced driver-assist features as standard. Confirm official results for your trim at nhtsa.gov/ratings.

With 7.6/10 for performance, this is a car tuned for daily driving rather than excitement — perfectly capable on the commute, unremarkable on a back road. At 7.4/10 for technology, the infotainment and driver-assist package does its job without setting benchmarks — check which features cost extra on lower trims.

Priced from $39,721–$47,394, 22 MPG, seating 5, the Toyota Tacoma SL sits in the mid-market bracket of the truck segment. At 7.2/10 for value, it delivers fair pricing for what's on offer, though the best alternatives in this price range score slightly higher. 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.

Verdict: Nothing about the 2023 Toyota Tacoma SL will scare a sensible buyer off. It scores consistently across the board, and it does what a good truck should — quietly and competently.

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 SL ranks #16 of 515 trucks in the Carivo database — better than 97% of the segment. Its 7.9/10 overall score is 0.5 points above the segment average of 7.4/10. Its $39,721 starting price is about 13% above 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 SL

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 SL Year Should You Buy?

Smart-money pick: the 2020 Toyota Tacoma SL scores 7.7/10 — within striking distance of the 2023's 7.9 — 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)
2025 7.9/10$42,178 Read review →
2024 7.9/10$40,950 Read review →
2023 (this review) 7.9/10$39,721
2022 7.8/10$38,493 Read review →
2021 7.7/10$37,264 Read review →
2020 7.7/10$36,036 Read review →
2019 7.6/10$34,807 Read review →
2018 7.6/10$33,579 Read review →
2017 7.5/10$32,350 Read review →
2016 7.6/10$31,122 Read review →
2015 7.5/10$29,893 Read review →

Pros & Cons — 2023 Toyota Tacoma SL

✓ 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 SL

Is the 2023 Toyota Tacoma SL reliable?

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

Is the 2023 Toyota Tacoma SL worth buying?

It scores 7.9/10 overall, ranking #16 of 515 trucks in our database (better than 97% of the segment). A solid choice for most buyers — compare it against the segment leaders before deciding.

How much does the 2023 Toyota Tacoma SL cost?

The 2023 Toyota Tacoma SL starts at $39,721 and ranges up to $47,394 across trims (MSRP when new). At 22 MPG, expect roughly $2,386/year in fuel at 15,000 miles/year.

Which Tacoma SL years should you avoid?

No standout weak years: across the 11 Tacoma SL model years we've scored, every year lands within half a point of the best (7.9/10). Pick on price and condition rather than year.

Owner Essentials — Toyota Tacoma SL

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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