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2021 Toyota Tundra 2WD Prices: MSRP vs Dealer Invoice vs True Dealer Cost

2021 Toyota Tundra Invoice Price Guide - Holdback - Dealer Cost - MSRP
Price terms Used:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
For a 4WD Tundra, See the Toyota Tundra 4WD Price Report.

Select a 4WD Regular, Double or Double Cab below:

Tundra 2WD Double Cab Prices
Tundra 2WD Crew Max Prices

Tundra Double Cab Prices

2021 Tundra Double Cab - Style: SR - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$33,675
Invoice Price
$31,150
Destination Fee
$1,595
Holdback
$674
Dealer Cost
$32,072
Find the Best Price
2021 Tundra Double Cab - Style: Long Bed SR - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$34,005
Invoice Price
$31,454
Destination Fee
$1,595
Holdback
$680
Dealer Cost
$32,369
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2021 Tundra Double Cab - Style: SR5 - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$35,365
Invoice Price
$32,713
Destination Fee
$1,595
Holdback
$707
Dealer Cost
$33,601
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2021 Tundra Double Cab - Style: Long Bed SR5 - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$35,695
Invoice Price
$33,017
Destination Fee
$1,595
Holdback
$714
Dealer Cost
$33,898
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2021 Tundra Double Cab - Style: Limited - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$42,390
Invoice Price
$39,211
Destination Fee
$1,595
Holdback
$848
Dealer Cost
$39,958
Find the Best Price

Tundra Crew Max Prices

2021 Tundra Crew Max - Style: SR5 - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$37,970
Invoice Price
$35,123
Destination Fee
$1,595
Holdback
$759
Dealer Cost
$35,959
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2021 Tundra Crew Max - Style: Limited - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$44,255
Invoice Price
$40,936
Destination Fee
$1,595
Holdback
$885
Dealer Cost
$41,646
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2021 Tundra Crew Max - Style: 1794 Edition - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$48,895
Invoice Price
$45,227
Destination Fee
$1,595
Holdback
$978
Dealer Cost
$45,844
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2021 Tundra Crew Max - Style: Platinum - 4 Dr Pickup w/RWD. Powered by a 5.7 L, 8 Cylinder, Gas Engine w/Automatic Transmission
MSRP
$48,895
Invoice Price
$45,227
Destination Fee
$1,595
Holdback
$978
Dealer Cost
$45,844
Find the Best Price
Price Tip:

To avoid overpaying on a new Toyota Tundra 2WD, shop prices online first. Get up front pricing 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 Tundra 2WD Overview:

The Toyota Tundra 2WD in a Nutshell

As one of Toyota's only truck models, the Tundra has proven it is here to stay. Built to go the extra mile, the 2020 Toyota Tundra 2WD is good-looking and hard-working. Available in eleven exterior colors, this truck has the capacity for individualization in an economical fashion. With many technology updates and cosmetic enhancements in the 2020 model, the Toyota Tundra has been refreshed and upgraded.

What Does 2020 Hold for the Toyota Tundra?

The 2020 Toyota Tundra 2WD is available in six different trim levels: the SR, SR5, Limited, Platinum, 1794 Edition and TRD Pro. In addition to a variety of trim levels, all 2020 Toyota Tundra models come standard with the new Toyota Safety Sense P active safety suite. Apple CarPlay and Android Auto are included in every trim level and the smaller 4.6-liter V8 engine is eliminated in lower trim levels. The TRD Pro model is being reintroduced with an optional double-cab layout, as well.

While the 2020 Toyota Tundra 2WD hasn't changed much on the outside, many of these features change the dynamic of this pickup vastly. These changes also come at a cost. Consumers can expect to pay more for these upgrades in package cost increases.

Exterior Aspects of the 2020 Toyota Tundra

The 2020 Toyota Tundra 2WD did not see any major exterior upgrades in its newest model. The overall design of the Tundra has been a mainstay in the Toyota lineup for many years and could use some attention. However, unique look of this pickup allows it to stand out among competitors.

Each trim levels offers its own unique exterior features. While the TRD Pro incorporates 18-inch forged aluminum wheels, a 1/4-inch aluminum skid plate and LED fog lights, the TRD Sport Package features bold 20-inch wheels, sport shocks and an available off-road package.

Interior Features

The interior of the 2020 Toyota Tundra 2WD can be described as spacious and rich in oversized attributes. Included materials and setup could be considered standard and lackluster; however, the amount of legroom available is better than most trucks of comparable size and quality. The 1974 edition is the star of the show when it comes to interior features, which include luxurious leather seating and ultrasuede elements.

A large rear window add to the safety of the Tundra, as well as the aesthetic aspect. As similar to competitors, the Tundra offers ample cargo space and storage capacity. In fact, double cab options have additional hidden storage space under the rear seat.

Performance Qualities

All come standard with a 5.7-liter V8 i-Force engine, Toyota Direct Ignition (TDI) and an LEV-II (Low Emission Vehicle II) rating. Standard rear-wheel drive is amplified with an option of four-wheel drive for most configurations, but not all. A six-speed automatic transmission provides adequate shifting, allowing the engine's peppy spirit to resonate.

A firm suspension provides a solid basis but can be a bit forthcoming for passengers. However, upgraded shocks prevalent in the TRD Off-Road Package improve ride quality in this Tundra model. Brakes and steering responsiveness could use a bit of work. Yet, for those looking for an entry level truck or a daily driver, the 2020 Toyota Tundra 2WD would be an acceptable candidate.

Comfort vs. Quality

If there is one area that the Toyota Tundra excels in, it is providing a good user experience and comfortable environment. In addition to being an economical truck, the Tundra incorporates many features that elevate its utility and capability aspects. A larger touchscreen to make navigation and control easier, a bigger fuel tank for an extended driving range and ample storage space are some of the best commodities that the Tundra has to offer.

Automatic dual-zone climate control allows every passenger to stay comfortable during the ride. An integrated backup camera allows for better awareness of a driver's surroundings. 5-passenger and 6-passenger seating options are also available with different seating configurations.

Safety Enhancements

The 2020 Toyota Tundra has seen its fair share of safety upgrades, which makes this pickup competitive in in the pickup marketplace. While the Toyota Safety Sense P technology equips the Tundra with an array of pedestrian and navigation safety features, the Star Safety System focuses on vehicle operation safety and response assistance. These Safety suites come standard on all 2020 Toyota Tundra 2WD trim levels.

Standard Fuel Economy

Let's face it: pickup trucks are not well-known for exceptional fuel efficiency. However, the 2020 Toyota Tundra comes in above average in this category. Up to 13 city mpg and 18 highway mpg is standard for the Tundra.

The new 2020 Toyota Tundra 2WD is a basic pickup that offers standard features and modern design elements. For pickup enthusiasts who enjoy the look of a truck without the extra bells and whistles, the 2020 Toyota Tundra may be a good fit for you. Take a Tundra on a test drive today to determine if this vehicle is the one to meet all of your needs and preferences in a new pickup truck.
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 - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here.)

Note: All Toyota Tundra 2WD MSRP, invoice and dealer cost dollar figures 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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