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2016, 2017 Toyota Tundra 2WD Prices: MSRP vs Dealer Invoice vs True Dealer Cost

2015 Toyota Tundra Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
Note: The Toyota Tundra 2WD price report below does not include rebates or incentives.
View Rebates, Discounts and Deals from Toyota.
For a 4WD Tundra, See the Toyota Tundra 4WD Price Report.

2016 Tundra 4X2 SR 4.6L V8 Double Cab 6.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$29,140
Invoice Price
$26,955
Destination Fee
$1,195
Holdback
$583
Dealer Cost
$27,567
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 Regular Cab Long Bed 8 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$29,950
Invoice Price
$27,854
Destination Fee
$1,195
Holdback
$599
Dealer Cost
$28,450
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 w/FFV Regular Cab Long Bed 8 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$29,950
Invoice Price
$27,854
Destination Fee
$1,195
Holdback
$599
Dealer Cost
$28,450
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$30,840
Invoice Price
$28,527
Destination Fee
$1,195
Holdback
$617
Dealer Cost
$29,105
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$30,840
Invoice Price
$28,527
Destination Fee
$1,195
Holdback
$617
Dealer Cost
$29,105
Find the Best Price
2016 Tundra 4X2 SR5 4.6L V8 Double Cab 6.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$30,950
Invoice Price
$28,629
Destination Fee
$1,195
Holdback
$619
Dealer Cost
$29,205
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,170
Invoice Price
$28,832
Destination Fee
$1,195
Holdback
$623
Dealer Cost
$29,404
Find the Best Price
2016 Tundra 4X2 SR 5.7L V8 w/FFV Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,170
Invoice Price
$28,832
Destination Fee
$1,195
Holdback
$623
Dealer Cost
$29,404
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$32,650
Invoice Price
$30,201
Destination Fee
$1,195
Holdback
$653
Dealer Cost
$30,743
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$32,650
Invoice Price
$30,201
Destination Fee
$1,195
Holdback
$653
Dealer Cost
$30,743
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$32,980
Invoice Price
$30,507
Destination Fee
$1,195
Holdback
$660
Dealer Cost
$31,042
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 w/FFV Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$32,980
Invoice Price
$30,507
Destination Fee
$1,195
Holdback
$660
Dealer Cost
$31,042
Find the Best Price
2016 Tundra 4X2 SR5 4.6L V8 CrewMax 5.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$33,270
Invoice Price
$30,774
Destination Fee
$1,195
Holdback
$665
Dealer Cost
$31,304
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$34,970
Invoice Price
$32,347
Destination Fee
$1,195
Holdback
$699
Dealer Cost
$32,843
Find the Best Price
2016 Tundra 4X2 SR5 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$34,970
Invoice Price
$32,347
Destination Fee
$1,195
Holdback
$699
Dealer Cost
$32,843
Find the Best Price
2016 Tundra 4X2 Limited 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$38,670
Invoice Price
$35,769
Destination Fee
$1,195
Holdback
$773
Dealer Cost
$36,191
Find the Best Price
2016 Tundra 4X2 Limited 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$38,670
Invoice Price
$35,769
Destination Fee
$1,195
Holdback
$773
Dealer Cost
$36,191
Find the Best Price
2016 Tundra 4X2 Limited 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$40,535
Invoice Price
$37,495
Destination Fee
$1,195
Holdback
$811
Dealer Cost
$37,879
Find the Best Price
2016 Tundra 4X2 Limited 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$40,535
Invoice Price
$37,495
Destination Fee
$1,195
Holdback
$811
Dealer Cost
$37,879
Find the Best Price
2016 Tundra 4X2 1794 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,530
Invoice Price
$43,041
Destination Fee
$1,195
Holdback
$931
Dealer Cost
$43,305
Find the Best Price
2016 Tundra 4X2 1794 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,530
Invoice Price
$43,041
Destination Fee
$1,195
Holdback
$931
Dealer Cost
$43,305
Find the Best Price
2016 Tundra 4X2 Platinum 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,530
Invoice Price
$43,041
Destination Fee
$1,195
Holdback
$931
Dealer Cost
$43,305
Find the Best Price
2016 Tundra 4X2 Platinum 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,530
Invoice Price
$43,041
Destination Fee
$1,195
Holdback
$931
Dealer Cost
$43,305
Find the Best Price
2017 Tundra 4X2 SR 4.6L V8 Double Cab 6.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$30,020
Invoice Price
$27,768
Destination Fee
$1,195
Holdback
$600
Dealer Cost
$28,363
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 Regular Cab Long Bed 8 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$30,400
Invoice Price
$28,272
Destination Fee
$1,195
Holdback
$608
Dealer Cost
$28,859
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 w/FFV Regular Cab Long Bed 8 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$30,400
Invoice Price
$28,272
Destination Fee
$1,195
Holdback
$608
Dealer Cost
$28,859
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,290
Invoice Price
$28,943
Destination Fee
$1,195
Holdback
$626
Dealer Cost
$29,512
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,290
Invoice Price
$28,943
Destination Fee
$1,195
Holdback
$626
Dealer Cost
$29,512
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,620
Invoice Price
$29,248
Destination Fee
$1,195
Holdback
$632
Dealer Cost
$29,811
Find the Best Price
2017 Tundra 4X2 SR 5.7L V8 w/FFV Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$31,620
Invoice Price
$29,248
Destination Fee
$1,195
Holdback
$632
Dealer Cost
$29,811
Find the Best Price
2017 Tundra 4X2 SR5 4.6L V8 Double Cab 6.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$31,830
Invoice Price
$29,442
Destination Fee
$1,195
Holdback
$637
Dealer Cost
$30,000
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$33,100
Invoice Price
$30,618
Destination Fee
$1,195
Holdback
$662
Dealer Cost
$31,151
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$33,100
Invoice Price
$30,618
Destination Fee
$1,195
Holdback
$662
Dealer Cost
$31,151
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$33,430
Invoice Price
$30,922
Destination Fee
$1,195
Holdback
$669
Dealer Cost
$31,448
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 w/FFV Double Cab Long Bed 8 foot box w/164.6 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$33,430
Invoice Price
$30,922
Destination Fee
$1,195
Holdback
$669
Dealer Cost
$31,448
Find the Best Price
2017 Tundra 4X2 SR5 4.6L V8 CrewMax 5.6 foot box w/145.7 in. WB 310-hp, 4.6L V8 (8 cyl.) w/reg gas
MSRP
$34,150
Invoice Price
$31,589
Destination Fee
$1,195
Holdback
$683
Dealer Cost
$32,101
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$35,420
Invoice Price
$32,763
Destination Fee
$1,195
Holdback
$708
Dealer Cost
$33,250
Find the Best Price
2017 Tundra 4X2 SR5 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$35,420
Invoice Price
$32,763
Destination Fee
$1,195
Holdback
$708
Dealer Cost
$33,250
Find the Best Price
2017 Tundra 4X2 Limited 5.7L V8 Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$39,280
Invoice Price
$36,334
Destination Fee
$1,195
Holdback
$786
Dealer Cost
$36,743
Find the Best Price
2017 Tundra 4X2 Limited 5.7L V8 w/FFV Double Cab 6.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$39,280
Invoice Price
$36,334
Destination Fee
$1,195
Holdback
$786
Dealer Cost
$36,743
Find the Best Price
2017 Tundra 4X2 Limited 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$41,145
Invoice Price
$38,059
Destination Fee
$1,195
Holdback
$823
Dealer Cost
$38,431
Find the Best Price
2017 Tundra 4X2 Limited 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$41,145
Invoice Price
$38,059
Destination Fee
$1,195
Holdback
$823
Dealer Cost
$38,431
Find the Best Price
2017 Tundra 4X2 1794 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,980
Invoice Price
$43,458
Destination Fee
$1,195
Holdback
$940
Dealer Cost
$43,713
Find the Best Price
2017 Tundra 4X2 1794 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,980
Invoice Price
$43,458
Destination Fee
$1,195
Holdback
$940
Dealer Cost
$43,713
Find the Best Price
2017 Tundra 4X2 Platinum 5.7L V8 CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,980
Invoice Price
$43,458
Destination Fee
$1,195
Holdback
$940
Dealer Cost
$43,713
Find the Best Price
2017 Tundra 4X2 Platinum 5.7L V8 w/FFV CrewMax 5.6 foot box w/145.7 in. WB 381-hp, 5.7L V8 (8 cyl.) w/reg gas
MSRP
$46,980
Invoice Price
$43,458
Destination Fee
$1,195
Holdback
$940
Dealer Cost
$43,713
Find the Best Price
Price Tip:
To avoid overpaying on a new Toyota Tundra 2WD, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.
Toyota Price Guides:
How to Calculate The Dealer Cost of a Toyota Tundra 2WD:

Formula for Calculating Dealer Cost:

  • Example: Base Toyota Tundra 2WD invoice price + the dealer Invoice price of options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here.)

Note: All Toyota Tundra 2WD Prices above are approximate amounts. Prices are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.

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