Used 2023 Toyota 4Runner for Sale nearMemphis, TN

How much does the 2023 Toyota 4Runner cost?

Prices have softened 1.27% compared to this time last year, making it a favorable time to shop this model year.

There are 3,414 listings available, which gives you a meaningful amount of inventory to compare.

If you find a listing below $41,428.31, 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 strong performance, and they also call out the spacious third row and the solid interior layout. The 4Runner’s easy-to-use features and family-friendly cabin also come through as recurring positives.

The trade-offs are clear: poor fuel economy and the need for modifications to improve performance are common concerns. In practical terms, this is a better fit if you want a traditional SUV feel, durability, and space rather than a refined crossover experience. Good and great deals account for 32.8% of listings, so there is still 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, comfort, ruggedness, and a reputation for being dependable over time. The expert evaluation also describes it as having a reputation for legendary reliability and feeling indestructible, which reinforces the long-term ownership appeal.

You also get 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 durability does not erase age-related wear, so condition and maintenance history matter a lot.

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

Accident-free inventory is solid at 87% — always verify the vehicle history report.

You should still check the history report carefully, because accident-free listings are not the same as problem-free listings. Prioritize a pre-purchase inspection that focuses on wear, maintenance records, and how the SUV has been used. Pay close attention to condition if you plan to rely on it for daily driving, since this model’s strengths are tied closely to its rugged hardware and age.

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. The 40th Anniversary Special Edition adds bronze exterior and interior details, retro stripes, a numbered plaque, and standard 4WD, while the base trims are more straightforward and less distinctive.
• Powertrain: Every version uses a 4.0-liter V6 with 270 horsepower and 278 pound-feet of torque, paired with a five-speed automatic. Rear-wheel drive is standard unless you choose 4WD, and the SUV is rated to tow 5,000 pounds.
• Safety package: Toyota Safety Sense includes forward-collision warning with pedestrian detection, automatic emergency braking, adaptive cruise control, lane-departure warning, automatic high beams, and a rear-seat reminder. 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. Navigation, a JBL premium audio system, and Wi-Fi hotspot capability are also available.
• Fuel efficiency: The EPA fuel economy rating is 17 mpg in combined driving, and the review notes that the SUV is thirsty for fuel.

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, standard safety tech, and simple, easy-to-use cabin without paying for extra appearance or off-road hardware.
• TRD Sport: Choose this if you want a version tuned more toward on-road athleticism, since the content says it gets a suspension designed to improve that character.
• SR5 Premium: This is the best-value starting point for shoppers who want a more polished feel, and it also serves as the base for the 40th Anniversary Special Edition.
• TRD Off-Road: Pick this if you want the off-road-focused suspension that improves wheel articulation by disconnecting the sway bars.
• TRD Off-Road Premium: This makes sense if you want the off-road hardware plus a more upscale equipment mix.
• 40th Anniversary Special Edition: Choose this if you want the most distinctive look, with bronze accents, retro stripes, and standard 4WD.
• Limited: This is the trim to consider if you want the full-time 4WD option and a suspension aimed at improving on-road athleticism.
• TRD Pro: Go here if you want the most aggressive dirt-focused setup, including the suspension tuned for high-speed performance in the dirt.

Blind-spot monitoring and rear cross-traffic alert are standard across the lineup, so you do not need to move up a trim just to get those safety features.

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

This is a moderate, selective buyer’s market, so you can shop with some leverage if you stay disciplined.

• Deal availability: 32.8% of listings are priced as good or great deals.
• Inventory: There are 3,414 listings available.
• Price trend: Prices have softened 1.27% compared with last year.
• Clean inventory: 87.0% of listings are accident-free.

If you find a listing below $41,428.31, 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 $44,448 sits slightly below last year's $45,021.

That modest decline suggests the market has softened a bit, which can help you buy more carefully now. For a future seller, the current pricing trend is not a warning sign so much as a reminder that condition and trim choice will matter when it is time to resell. Well-kept examples should still benefit from the model’s strong reputation and steady shopper interest.

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?

The 2023 4Runner 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 beams, and a rear-seat reminder. 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 passenger protection and rollover performance. If safety is a top priority, you should weigh those results carefully against the 4Runner’s other strengths.

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:

• 32.8% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87% — always verify the vehicle history report.
• Price trend: Prices have softened 1.27% 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 $39,707, the 2022 costs less than the current year's $44,448 average.
• It balances rugged capability with modern infotainment and safety tech.

Consider the 2024 if:

• At $46,701, the 2024 costs more than the current year's $44,448 average.
• It keeps the rugged, reliability-focused formula while staying off-road capable.

The bottom line: If you want the best mix of current-year pricing, strong owner satisfaction, and updated standard safety equipment, 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 September 4, 2026, CarGurus experts' opinions, and generative AI.