How much does the 2023 Toyota 4Runner cost?

Prices have softened 1.94% compared to this time last year, making it a favorable time to shop this model year.

There are 3,449 listings available, which suggests you have a meaningful amount of inventory to compare.

If you find a listing below $41,459.36, 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 4.75/5 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 consistently praise its reliability, comfort, and performance, and they also value the traditional SUV feel and long-term value retention. The 4Runner’s rugged, truck-based character and off-road capability are recurring positives, especially if you want something that feels built for adventure.

The trade-offs are clear: poor fuel economy and weak on-road handling show up repeatedly, and the ride can feel less composed on pavement. That makes it a better fit if you prioritize utility, durability, and off-road use over refinement.

For shoppers who want a roomy SUV with a traditional feel and strong adventure credentials, it fits the brief well. The market still shows 33.0% good or great deals, so there are opportunities if you shop carefully.

Is the 2023 Toyota 4Runner reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction. The owner feedback also emphasizes reliability, dependability, and a trouble-free ownership experience, with many drivers saying they trust it over time.

The expert review reinforces that impression by describing a reputation for legendary reliability and durability. It also notes 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 less about basic dependability and more about living with its age-related compromises, especially fuel use and safety performance.

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

Accident-free inventory is solid at 87.5% — always verify the vehicle history report.

You should still check the history report carefully, because accident-free listings are common but not universal. A pre-purchase inspection matters here, especially if you plan to use the SUV for towing, commuting, or off-road driving. Focus on overall condition, since this model’s age and rugged mission can mean more wear on suspension, brakes, and interior surfaces.

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 base setup is more basic, while higher trims add more comfort, style, and capability.
• 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 a 4WD setup, and fuel economy is 17 mpg combined.
• 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. 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, and Amazon Alexa compatibility. Wireless smartphone integration and over-the-air capability are not mentioned.
• Fuel efficiency: The EPA rating is 17 mpg in combined driving, and the review notes that the SUV is thirsty in real-world use.

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:

• Base trim: SR5 gives you the core 4Runner experience, but you’ll miss some of the more upscale touches and capability upgrades found higher up the range.
• Sweet-spot trim: SR5 Premium is the most balanced choice if you want a better mix of comfort and value, and it also serves as the basis for the 40th Anniversary Special Edition.
• Premium/top trim: Limited is the best fit if you want the most road-oriented comfort and available full-time 4WD, while TRD Pro is the most specialized choice for serious off-road use.
• Off-road trim: TRD Off-Road and TRD Off-Road Premium make the most sense if you want stronger trail hardware, but they’re less compelling if your driving is mostly daily commuting.

Blind-spot monitoring and rear cross-traffic alert are standard on every trim level.

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

This is a moderate buyer’s market, so you can shop selectively without feeling rushed.

• Deal availability: 33.0% of listings are priced as good or great deals.
• Inventory: There are 3,449 listings available.
• Price trend: Prices have softened 1.94% compared with last year.
• Clean inventory: 87.5% of listings are accident-free.

If you find a listing below $41,459.36, 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 $44,691 sits slightly below last year's $45,574.

That softer pricing can help you buy more carefully now, but it also means future sellers may need to be realistic about expectations if the market stays soft. The 4Runner’s strong owner satisfaction and reputation for durability should help support demand, especially among shoppers who want a rugged SUV with a loyal following.

If you keep mileage, condition, and accident history in check, the model’s appeal should remain broad enough to support resale. Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Toyota 4Runner safe?

The 2023 Toyota 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-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 its crash-test performance trails newer rivals, especially in frontal protection and rollover resistance. If safety is a top priority, you should weigh that 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:

• 33.0% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.5% — always verify the vehicle history report.
• Price trend: Prices have softened 1.94% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.
• It adds standard blind-spot monitoring and rear cross-traffic alert across the lineup.

Consider the 2022 if:

• At $39,994, the 2022 costs less than the current year's $44,691 average.
• It emphasizes rugged off-road capability and traditional SUV character.

Consider the 2024 if:

• At $46,558, the 2024 costs more than the current year's $44,691 average.
• It keeps the same dependable off-road focus while adding a slightly newer model-year context.

The bottom line: If you want the strongest mix of current-year inventory, owner satisfaction, and feature content, the 2023 is the better all-around pick. If price is your top priority, the 2022 is the more budget-friendly route, while the 2024 makes sense only if you’re comfortable paying more for a newer model year.

These recommendations are based on CarGurus' proprietary market data from July 22, 2026, CarGurus experts' opinions, and generative AI.