I have a 2003 3.4 Taco. It's nice but I would take a 2.7 for better mileage no problemo. Everything is too overpowered these days (in my opinion of course.....). The 4 banger tacos have plenty of power. It's not the 90 horsepower 22R anymore....
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Thought you might see this, i am in no way associated with it... if i had the money or need for a new one, id be all over it.
https://forum.ih8mud.com/vehicles-t...1-modified-07-toyota-tacoma-sr5-18-000-a.html
Not sure if it's already been said, but once you start modding (bigger tires, bumpers, etc.), the MPG gap between the I4 and V6 start closing real fast. Same if you start pulling a trailer. For me, after having had a ton of seat time behind the I4, 3.4L V6 and 4.0L V6, I'd go with a V6 every time. The 2MPG difference is not worth the lower torque, less power. And since you said you'll be towing frequently, I'd even go as far as to say get a V8 (Tundra/4Runner).
I'm actually not going to be towing very much at all. If I do need to, my gf has a 2003 4wd Taco with the V6, and my father has a 2000 4wd Tundra that I'll be getting when he gets a new vehicle in the future. I have access to either.
I'm also going to keep my truck mostly stock. I drove the 4cyl yesterday and was really impressed - the 4 low is wicked strong, it is just as low if not lower than the V6 4 low, and in town it feels just like I'm driving my gf's 3.4L. On the highway it was a bit lacking, but the more I think about how I drive, even on the mountain roads, I realize I don't need to be able to accelerate quickly.
I'll most likely be buying a 4-cyl Taco tomorrow.
I'd personally go with the 2.7L. I had an '07 V6 Tacoma and now an FJC with the same 6 cylinder engine. If I got another Tacoma it would definitely be the 4 cylinder. I test drove the 2.7 and didn't think that it was short on power or torque. After all it's going to be used as for trails and camping, not a race truck. The only real difference I noticed between the two was that the 2.7 seemed to have less sound insulation versus the 4.0. Last I knew, the 4.0s had a 3.73 diff and the 2.7s have a 4.10 diff. If you're concerned about gas mileage, go with the 2.7, and either way you'll be ending up with a great truck.