On sale this month, the redesigned 2014 Tundra full-size pickup truck is competitively priced for 2014. It is offered in a new five-grade strategy consisting of the SR, SR5, Limited and two premium grades: “Platinum” and the all-new “1794 Edition.”

According to Toyota, the 2014 Tundra is offered in three cab styles, two-door Regular Cab, four-door Double Cab and four-door CrewMax — all available in 4x2 and 4x4. Each grade is equipped with key standard features for simplified ordering.

The base MSRP for the 2014 Tundra will range from $25,920 for the SR grade 4x2 Regular Cab, 4.0-liter V6 to $47,320 for the Platinum and 1794 Edition CrewMax 4x4 grades equipped with a 5.7-liter V8, says Toyota. Based on comparisons between the 2014 and 2013 models with comparable equipment levels, the MSRP’s reflect an overall average decrease of $263, or 0.7 percent.

On all SR5 grades equipped with a 5.7-liter V8 engine, the MSRP will be unchanged from equivalent 2013 models and add $650 worth of additional standard equipment. All Limited CrewMax 4x4 models have reduced MSRP’s of $2,000 from equivalent 2013 models (4x2 models reduced by $1,990).

When compared to equivalent 2013 models, all Platinum and 1794 Edition premium grade prices are reduced by $850 — both the Platinum and 1794 Edition share the same MSRP.