How much does the 2023 Toyota 4Runner cost?

Prices have softened 1.85% compared to this time last year, making it a favorable time to shop this model year.

There are 3,422 listings available, which suggests you have a meaningful amount of inventory to compare.

If you find a listing below $41,454.27, 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 2023 Toyota 4Runner earns a 4.78/5 user rating and a 7.00/10 expert rating. The standout strength is Look and feel at 10/10.

Owners consistently praise its reliability, comfort, and performance, and many also value the way it holds its value over time. The traditional SUV feel comes through clearly, which fits if you want something rugged rather than crossover-like.

The main trade-offs are poor fuel economy and on-road behavior that can feel less polished than newer rivals. That makes it a better fit if you prioritize capability and character over everyday refinement.

With 34.1% of listings marked as good or great deals, the market still offers some room to shop selectively.

Is the 2023 Toyota 4Runner reliable?

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

The owner feedback points to reliability, and it also suggests the 4Runner is the kind of SUV people feel good about keeping for the long haul. The expert evaluation reinforces that impression by describing a reputation for legendary reliability and durability.

It also comes with 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 dependability and more about higher running costs, especially fuel use and age-related wear.

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

Accident-free inventory is solid at 87.2% — always verify the vehicle history report.

You should still check the history report carefully and prioritize a pre-purchase inspection, especially if the vehicle has seen off-road use. Focus on overall condition, signs of hard use, and whether the truck has been maintained consistently.

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. Base versions are more stripped down, while higher trims add more distinctive styling and equipment.
• Powertrain: Every version uses a 4.0-liter V6 with 270 horsepower and 278 pound-feet of torque, paired with a five-speed automatic. 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 largest touchscreen is 8 inches. Apple CarPlay, Android Auto, SiriusXM satellite radio, Amazon Alexa compatibility, and Wi-Fi hotspot capability are available.
• Fuel efficiency: The EPA fuel economy rating is 17 mpg in combined driving, and the test vehicle averaged 16.9 mpg.

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 the cabin and feature set are still fairly basic compared with higher trims.
• Sweet-spot trim: SR5 Premium is the best value if you want a more complete setup without jumping into the pricier specialty trims.
• Premium/top trim: Limited is the most comfort-oriented choice, and it also offers the full-time 4WD system as an option.
• Off-road trim: TRD Off-Road and TRD Pro are the best picks if you want the most trail-focused hardware and suspension tuning.

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 looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 3,422 listings available.
• Price trend: Prices have softened 1.85% compared with last year.
• Clean inventory: 87.2% of listings are accident-free.

If you find a listing below $41,454.27, 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 $44,537 sits slightly below last year's $45,378.

That kind of price movement suggests the market has softened a bit, which can help you buy at a more favorable entry point. For a future seller, it also means resale value may depend more on condition, mileage, and trim desirability than on broad market momentum.

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 four-star ratings from NHTSA overall, with a three-star rating for front passenger protection in a frontal-impact collision and a three-star rating for 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 caution is that the crash-test results lag behind newer rivals, so safety-conscious used buyers should weigh that carefully.

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:

• 34.1% of listings are priced as good or great deals.
• Accident-free inventory is solid at 87.2% — always verify the vehicle history report.
• Price trend: Prices have softened 1.85% 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 across the lineup.

Consider the 2022 if:

• At $40,076, the 2022 costs less than the current year's $44,537 average.
• It offers the same rugged, adventure-ready 4Runner formula with strong off-road focus.

Consider the 2024 if:

• At $46,591, the 2024 costs more than the current year's $44,537 average.
• It keeps the same durability-first approach while remaining aimed at off-road buyers.

The bottom line: If you want the best balance of current-year inventory, updated standard safety equipment, and strong owner satisfaction, the 2023 is the sensible pick. If price matters most, the 2022 is the value play, while the 2024 only makes sense if you specifically want to pay more for a newer model year.

These recommendations are based on CarGurus' proprietary market data from August 14, 2026, CarGurus experts' opinions, and generative AI.