How much does the 2023 Toyota 4Runner cost?

Prices have softened 1.58% compared to this time last year, making it a favorable time to shop this model year.

There are 3,421 listings available, which suggests a healthy amount of inventory to compare.

If you find a listing below $41,435.59, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Toyota 4Runner a good car?

Yes — the 4.78/5 user rating points to strong owner satisfaction, and the expert rating is 7.00/10. The standout strength is Look and feel at 10/10.

Owners repeatedly praise its reliability, comfort, and traditional SUV feel, and they also value how well it holds its value over time. The 4Runner’s rugged character and spacious cabin come through clearly in owner feedback, which lines up with its appeal as a purpose-built SUV.

The trade-offs are just as clear: poor fuel economy and poor on-road handling. In practical terms, this makes the 4Runner a better fit if you want durability, capability, and a classic truck-based feel rather than a polished daily driver. With 29.6% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2023 Toyota 4Runner reliable?

Owners rate it 4.78/5, a strong signal of long-term satisfaction.

Owner feedback emphasizes reliability, and it also points to a dependable, trouble-free ownership experience that many drivers feel confident counting on. The expert evaluation reinforces that impression by describing the 4Runner as having a reputation for legendary reliability and feeling indestructible.

Toyota also includes free scheduled maintenance for two years or 24,000 miles, which helps reduce early ownership costs. For used buyers, the main long-term risk is that age-related wear can matter more here than on newer, more refined SUVs.

What should I look for when buying a used 2023 Toyota 4Runner?

Accident-free inventory is solid at 86.8% — always verify the vehicle history report.

You should still check the history report carefully, because a clean listing percentage does not replace a proper records review. Prioritize a pre-purchase inspection that focuses on suspension, brakes, tires, and signs of hard use, especially if the vehicle was driven off pavement. You should also pay close attention to cabin condition and maintenance records, since this SUV’s appeal depends heavily on how well it has been cared for.

Key things to evaluate:

• Trim level: The lineup includes SR5, TRD Sport, SR5 Premium, TRD Off-Road, TRD Off-Road Premium, 40th Anniversary Special Edition, Limited, and TRD Pro trim levels. The 40th Anniversary Special Edition is based on the SR5 Premium and adds retro styling details, bronze accents, a numbered plaque, and standard 4WD, while the interior and exterior presentation are more distinctive than the lower trims. The base trim is more straightforward, so you should compare equipment carefully if you want the easiest-to-live-with version.
• Powertrain: Every 2023 4Runner uses a 4.0-liter V6 with 270 horsepower and 278 pound-feet of torque, paired with a five-speed automatic transmission. Rear-wheel drive is standard unless you choose 4WD, and the SUV is rated to tow 5,000 pounds. Fuel economy is 17 mpg in combined driving.
• Safety package: Toyota Safety Sense includes forward-collision warning with pedestrian detection, automatic emergency braking, adaptive cruise control, lane-departure warning, automatic high-beam headlights, and a rear-seat reminder system. Blind-spot monitoring and rear cross-traffic alert are standard on every trim level.
• Infotainment: The biggest touchscreen is 8 inches, and the system includes Apple CarPlay, Android Auto, SiriusXM satellite radio, Amazon Alexa compatibility, and available connected services. You can also add navigation, a JBL premium sound system, and a Wi-Fi hotspot.
• Fuel efficiency: The 4Runner is rated at 17 mpg in combined driving, and the review notes 16.9 mpg in testing.

Which 2023 Toyota 4Runner trim should I buy?

The 2023 Toyota 4Runner is offered in 8 trim levels: SR5, TRD Sport, SR5 Premium, TRD Off-Road, TRD Off-Road Premium, 40th Anniversary Special Edition, Limited, and TRD Pro.

Here's the short version:

• SR5: This is the entry point if you want the 4Runner’s core ruggedness and standard safety tech without paying for extra appearance or off-road hardware. It makes sense if you mainly want the traditional 4Runner experience at the lowest price.
• TRD Sport: Choose this if you want a version tuned more for on-road athleticism than the base model. It adds a suspension designed to improve pavement manners, so it suits buyers who like the 4Runner’s style but spend more time on streets and highways.
• SR5 Premium: This is the best-value choice for many shoppers because it builds on the SR5 with a more upscale feel while staying below the specialty trims. It also serves as the foundation for the 40th Anniversary Special Edition.
• TRD Off-Road: Pick this if you want the most trail-focused setup short of the top performance trim. It adds a suspension that improves wheel articulation by disconnecting the sway bars, which is the right direction if off-road use matters most.
• TRD Off-Road Premium: This is the better choice if you want the off-road hardware plus a more complete feature set. It should appeal to buyers who want capability without giving up as much everyday comfort.
• 40th Anniversary Special Edition: Buy this if you want the most distinctive styling and a limited-production feel. It adds retro body stripes, bronze wheels and badges, bronze stitching, and standard 4WD, but it is more about exclusivity than added capability.
• Limited: Choose this if you want a more road-oriented 4Runner with a suspension designed to improve on-road athleticism. It is the trim to consider if you value comfort and everyday use more than trail hardware.
• TRD Pro: This is the one to buy if you want the most serious dirt-focused setup in the lineup. Its suspension is tuned for high-speed performance in the dirt, so it is the most specialized choice.

Blind-spot monitoring and rear cross-traffic alert are standard across the lineup.

Is now a good time to buy a used 2023 Toyota 4Runner?

This is a moderate market for selective buyers, so you can shop with some leverage if you know what you want.

• Deal availability: 29.6% of listings are priced as good or great deals.
• Inventory: There are 3,421 listings available.
• Price trend: Prices have softened 1.58% compared with last year.
• Clean inventory: 86.8% of listings are accident-free.

If you find a listing below $41,435.59, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota 4Runner's resale value?

The current average of $44,450 sits slightly below last year's $45,162.

That mild decline suggests the market has softened a bit, which can help you buy more carefully now. For a future seller, the current pricing pattern implies that value is holding reasonably well, but not rising fast enough to offset depreciation pressure. The 4Runner’s strong owner satisfaction should help support demand when you eventually resell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.78/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Toyota 4Runner safe?

It earns an overall four-star rating from NHTSA, with three-star ratings for front passenger protection in a frontal-impact collision and rollover resistance. The IIHS gives it a Marginal rating for driver protection in the small overlap frontal-impact test.

It earns a 3/10 safety score from our experts.

Toyota Safety Sense includes forward-collision warning with pedestrian detection, automatic emergency braking, adaptive cruise control, lane-departure warning, automatic high-beam headlights, and a rear-seat reminder system. Blind-spot monitoring and rear cross-traffic alert are standard on every trim level.

The main caveat is that the crash-test results lag behind newer rivals, especially in frontal-impact and rollover performance. If safety is a top priority, you should weigh those results carefully against the 4Runner’s strengths elsewhere.

Should I buy a 2023 Toyota 4Runner or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 29.6% of listings are priced as good or great deals.
• Accident-free inventory is solid at 86.8% — always verify the vehicle history report.
• Price trend: Prices have softened 1.58% compared with last year.
• Owners rate it 4.78/5 — a strong satisfaction signal.
• It adds standard blind-spot monitoring and rear cross-traffic alert.

Consider the 2022 if:

• At $39,820, the 2022 costs less than the current year's $44,450 average.
• It offers rugged capability with modern infotainment and safety tech.

Consider the 2024 if:

• At $46,752, the 2024 costs more than the current year's $44,450 average.
• It keeps the same rugged, reliability-focused formula with broad utility.

The bottom line: If you want the best balance of price, inventory, and feature content, the 2023 is the primary path to consider. If your budget is tighter, the 2022 is the better price-sensitive alternative, while the 2024 makes sense only if you are willing to pay more for a newer model year.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.