It’s certainly true that the words “truck” and “cheap” rarely appear together nowadays. When you see models like the 2024 GMC Hummer Electric hitting starting prices over $100,000, it’s clear that the truck market can be very expensive. However, for those looking for value, there are still some relatively low-priced new trucks from reputable brands available this year. Having test-driven some of these myself, here are my impressions of the most affordable trucks you can buy in 2024, along with a look at their higher-end trim prices for perspective.
2024 Toyota Tundra: A Reliable and Rugged Bargain
The 2024 Toyota Tundra continues to be a strong contender in the truck segment for good reason, even as one of the more established models in its class. During my week-long test drive in Seattle’s typical spring rain, this truck, despite its substantial 5325-pound weight, proved surprisingly agile. Navigating tight city streets and finding parking demanded some ingenuity, but the Tundra handled it all while providing a comfortable ride.
One of the Tundra’s most appealing features is its tough and attractive exterior. Beyond its looks, Toyota has enhanced the interior material quality in recent models. This makes spending time inside the cabin enjoyable whether you’re driving or just sitting. The seats are exceptionally comfortable, particularly for larger individuals. Ample storage is available throughout the cabin with numerous pockets, holders, and cubbies.
The standard 12-speaker JBL Premium Audio system delivers impressive sound quality. Steering is responsive, requiring minimal effort to direct the truck. Acceleration is brisk and braking is confident and quick. The 2024 Toyota Tundra starts at a competitive price of $40,815. For those seeking top-tier luxury and performance, the Hybrid Capstone trim represents the high end of the range, priced at $78,845.
2024 Ford Ranger: Redesigned and Ready for Adventure on a Budget
The newly redesigned 2024 Ford Ranger is a robust and versatile truck that combines attractive styling with practical capability. It’s designed to handle light off-road conditions like mud and shallow water with ease, while still being maneuverable enough for city parking. Starting in the low $30,000s, the Ranger presents a compelling value proposition. The top-of-the-line Raptor trim reaches a significantly higher price point of around $80,000.
The Ranger’s design borrows cues from the iconic Ford F-150, giving it a familiar and appealing aesthetic. It’s also wider and features a two-inch longer wheelbase, offering more stability and a total of four feet of space between the wheel wells in the bed. Unlike older Ranger models known for a bouncy ride, the 2024 version offers a much smoother and more controlled driving experience.
Offered exclusively as a four-door crew cab with a five-foot bed, the Ranger maximizes passenger and cargo space. Fixed side rails enhance the truck’s rugged appearance and provide practical assistance for entering and exiting the vehicle.
The interior features improved storage and higher-quality materials throughout. My test model included basic cloth seats that were both comfortable and visually appealing, negating any desire for leather upholstery. The standard engine is a carryover 2.3-liter turbocharged I-4 producing 270 horsepower and 310 lb-ft of torque. An optional 2.7-liter twin-turbo V-6, derived from Ford’s larger engine, delivers 315 horsepower and 400 lb-ft of torque for those seeking more power.
2024 GMC Canyon: Affordable Comfort and Tech in a Mid-Size Package
The 2024 GMC Canyon received a significant and welcome update for the 2023 model year, making it an attractive option in its segment. The cabin is somewhat compact, particularly in the rear, but it compensates with a comfortable interior and modern technology. Climbing into the Canyon requires a bit of a step up, which contributes to its commanding driving position and “king of the road” feel. One minor drawback is fuel economy, which I observed around 17 MPG, and for the price, it might offer slightly less truck compared to some competitors in the same price bracket.
All 2024 Canyon models are equipped with a 2.7-liter turbocharged inline-four engine that produces 310 horsepower and a robust 430 lb-ft of torque. The exterior and interior styling are well-executed even at the base trim level, enhancing its overall appeal. The GMC Canyon starts at $38,395, with the premium AEV Edition reaching approximately $63,000 at the top end.
2024 Chevrolet Silverado 1500: A Tried-and-True Workhorse at a Reasonable Price
The 2024 Chevrolet Silverado 1500 offers a wide array of configurations and available features, making it a versatile choice for various needs. While its standard 2.7-liter turbocharged inline-four engine with 310 horsepower may not be the most powerful in the class, it delivers adequate performance for most typical truck tasks. Pricing for the Silverado 1500 begins at $37,195, and the high-performance ZR2 trim elevates the price to $71,895.
The engine’s startup sound is more of a subtle rumble than a roar, and the on-road ride is remarkably smooth and comfortable, especially considering its off-road tuning. The truck tracks straight and true, even with its large mud-terrain tires, avoiding the wandering sometimes found in larger trucks. Off-road, the Silverado is exceptionally capable and enjoyable. While understanding its full off-road potential may require some learning, it’s also ready to perform right off the dealer lot.
For a dependable and capable basic work truck, the Silverado 1500 is a proven and excellent choice.
2024 Ford F-150: America’s Best-Seller Remains a Budget-Friendly Option
No discussion of “cheapest” trucks would be complete without mentioning the 2024 Ford F-150, America’s best-selling vehicle for decades. The base model includes a 2.7-liter twin-turbo V-6 engine producing 325 horsepower, paired with a 10-speed automatic transmission. The beauty of the entry-level F-150 is that it doesn’t feel like a stripped-down version of a more luxurious model. Perhaps only when a higher trim level passes you might you notice the difference.
The F-150 received a refresh for 2024, featuring updates to the grille, exterior lighting, wheel designs, and other styling elements. I particularly appreciate the center console with an armrest lid that folds forward to create a flat work surface, concealing the gear shift and providing a convenient space for working or eating. The cabin also offers plenty of storage compartments and nooks.
The 2024 Ford F-150 XL trim starts at $35,770, while the top-end Raptor trim is priced at $78,330.
Honorable Mentions (For context of the broader “affordable” vehicle landscape):
2024 Ford Maverick: $35,295 (Note: Price may vary by region)
2024 Hyundai Santa Fe: $33,950 (SUV, included for broader affordability context)
2024 Toyota Tacoma: $31,500 (Mid-size truck, for price comparison)
