Used 2023 Toyota 4Runner for Sale near Phoenix, AZ
132 results
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CarGurus Analysis:
2023 Toyota 4Runner
With 132 currently listed for sale near Phoenix, AZ and an average price of $45,064.00, 34.8% of 2023 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota 4Runner 4.75 / 5 stars.
100.0% of 2023 4Runner models on CarGurus are accident free.
The 2023 Toyota 4Runner features a robust body-on-frame construction, a powerful 4.0-liter V6 engine, and a new 40th Anniversary Special Edition with unique styling elements.
CarGurus Analysis: 2023 Toyota 4Runner
overall
Summary
With 132 currently listed for sale near Phoenix, AZ and an average price of $45,064.00, 34.8% of 2023 Toyota 4Runners for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota 4Runner 4.75 / 5 stars.
100.0% of 2023 4Runner models on CarGurus are accident free.
The 2023 Toyota 4Runner features a robust body-on-frame construction, a powerful 4.0-liter V6 engine, and a new 40th Anniversary Special Edition with unique styling elements.
Why it stands out
The 2023 Toyota 4Runner carries a legacy of ruggedness and reliability, standing out in the competitive SUV market for its traditional truck-based design that appeals to off-road enthusiasts and those seeking a reliable family vehicle. Though it has remained largely unchanged for over a decade, this model has received thoughtful updates, including the addition of standard blind-spot monitoring and the introduction of the limited-production 40th Anniversary Special Edition. The 4Runner's spacious interior is complemented by a practical cargo area, making it versatile for both daily driving and adventurous outings. However, its drawbacks, including lower safety ratings and poor fuel efficiency, are noted by some owners, who appreciate its off-road capabilities yet acknowledge the need for better handling and acceleration in urban settings.
Other model years to consider
- Average price: $31,176.00
- Good/great deal percentage: 29.3%
- User rating: 4.81 / 5
- Total listings: 123
- Average price: $37,494.00
- Good/great deal percentage: 35.2%
- User rating: 4.85 / 5
- Total listings: 122
- Average price: $39,760.00
- Good/great deal percentage: 33.6%
- User rating: 4.78 / 5
- Total listings: 131
This analysis is based on CarGurus' proprietary market data from June 9, 2026, CarGurus experts' opinions, and generative AI.
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4.8 Overall rating
Filter by rating
Tom S
Reviewed a 2023 Toyota Limited 4WD on Dec 18, 2025
4runner is everything I expected. It has everything we need as a family of five. The layout of the dashboard is easy to use and easy to acclimate to.
Isaiah L
Reviewed a 2023 Toyota Limited 4WD on Jan 9, 2025
All it’s missing is an automatic shutting trunk. Other than that, amazing!
Austin C
Reviewed a 2023 Toyota 4Runner on Jul 12, 2024
Gas hog, soft suspension easy to nose dive when braking. Nav screen pixelated. Requires significant mod to lift more than 2-3 inches. Can’t fit wider tire with negative offset without mods
Robert R
Reviewed a 2023 Toyota 4Runner on Feb 17, 2024
The ORP pkg had all the options I wanted and had low miles as well. Comfort, convenience and even the color I preferred. The engine has a history of reliability and it should hold its value over time.
2023 Toyota 4Runner Trims
| Trim type | MSRP |
|---|---|
| Limited RWD | $49,390 |
| SR5 4WD | $42,030 |
| SR5 RWD | $40,155 |
| SR5 Premium RWD | $43,215 |
| TRD Pro 4WD | $54,620 |
| SR5 Premium 4WD | $45,090 |
| Limited 4WD | $51,425 |
| TRD Off-Road Premium 4WD | $46,580 |
2023 Toyota 4Runner Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Toyota 4Runner prices has changed over time.
See more price trends2023 Toyota 4Runner Pricing Analysis: Phoenix, AZ Market Report
Pricing by Nearby Locations
Market Area: Phoenix, AZ
Key Insights
- Highest Pricing in Tucson: Tucson market commands the highest average price at $46,196, likely due to demand for SUVs in urban areas.
- Lowest Prices in Flagstaff: Despite being 78 listings, Flagstaff offers the lowest average at $36,947, suggesting a surplus of inventory or price-sensitive buyers.
- Supply and Demand Correlation: The cities with higher inventory, such as Surprise and Apache Junction, maintain pricing around $43,725 and $43,457 respectively, indicating stable regional demand.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Tucson, AZ | 88 | $46,196 |
| Surprise, AZ | 133 | $43,725 |
| Apache Junction, AZ | 131 | $43,457 |
| Casa Grande, AZ | 115 | $42,251 |
| Flagstaff, AZ | 78 | $36,947 |
Pricing by Trim Packages
Key Insights
- Most Inventory in SR5 4WD: The SR5 4WD is the most available trim (83 listings), reflecting strong demand among shoppers for its balance of features and price.
- Premium Trims Carry Significant Price Markup: The TRD Pro 4WD is priced at $54,620 MSRP, approximately 10% higher than its nearest competitor, indicating the appeal of premium features.
- Hybrid Market Demand Noted: Features such as Adaptive Cruise Control and Blind Spot Monitoring are consistent across trims, signaling a customer preference for technology and safety.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| SR5 4WD | 83 | $42,030 | 4X4 | 4.0L 270 hp V6 |
| Limited 4WD | 73 | $51,425 | AWD | 4.0L 270 hp V6 |
| TRD Off-Road Premium 4WD | 78 | $46,580 | 4X4 | 4.0L 270 hp V6 |
| SR5 Premium 4WD | 50 | $45,090 | 4X4 | 4.0L 270 hp V6 |
| TRD Pro 4WD | 37 | $54,620 | 4X4 | 4.0L 270 hp V6 |
| TRD Off-Road 4WD | 38 | $44,000 | 4X4 | 4.0L 270 hp V6 |
| SR5 RWD | 28 | $40,155 | 4X2 | 4.0L 270 hp V6 |
| SR5 Premium RWD | 19 | $43,215 | 4X2 | 4.0L 270 hp V6 |
Pricing Analysis by Model Year
Key Insights
- 2026 Model is Priced High: The 2026 Toyota 4Runner has the highest average price of $57,998, reflecting possible limited inventory or strong market demand for new models.
- Significant Depreciation: The 2019 model has dropped to an average of $30,757, showing a steep -13.2% depreciation from its MSRP.
- Stable Pricing for Recent Years: The 2022 and 2021 models maintain reasonable prices of $40,320 and $38,681, with low depreciation rates of -1.7% and -3.1%, making them attractive options.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Toyota 4Runner | $41,870 | $57,998 | +38.5% |
| 2025 Toyota 4Runner | $41,270 | $50,567 | +22.4% |
| 2024 Toyota 4Runner | $40,705 | $51,000 | +25.2% |
| 2022 Toyota 4Runner | $38,105 | $40,320 | +5.8% |
| 2021 Toyota 4Runner | $36,765 | $38,681 | +5.2% |
| 2020 Toyota 4Runner | $36,120 | $39,456 | +3.7% |
| 2019 Toyota 4Runner | $35,310 | $30,757 | -13.2% |
| 2018 Toyota 4Runner | $34,810 | $28,735 | -17.5% |
| 2017 Toyota 4Runner | $34,210 | $29,471 | -13.9% |
| 2016 Toyota 4Runner | $34,010 | $27,818 | -18.3% |
| 2015 Toyota 4Runner | $33,010 | $25,215 | -23.1% |
| 2014 Toyota 4Runner | $32,820 | $25,328 | -22.7% |
These recommendations are based on CarGurus' proprietary market data from June 4, 2026, CarGurus experts' opinions, and generative AI.
