Used 2023 Toyota 4Runner for Sale nearOakville, ON

How much does the 2023 Toyota 4Runner cost?

Prices have softened 8.44% compared to this time last year, making it a favourable time to shop this model year.

There are 129 listings available, which suggests you have some room to compare prices and equipment.

Is the 2023 Toyota 4Runner a good car?

Yes — the 2023 Toyota 4Runner earns a 4.78/5 user rating and a 7/10 expert rating. The standout strength is Look and feel at 10/10.

Owners commonly praise its reliability, comfort, strong performance, spacious third row, and solid interior layout. The 4Runner also comes through as a practical family choice, especially if you value a roomy cabin and a vehicle that feels durable and dependable over time.

The trade-offs are clear: it is not especially refined on-road, and fuel efficiency is a recurring complaint. That makes it best suited to you if you want rugged utility, space, and a traditional SUV character more than modern polish.

With 30.2% of listings marked as good or great deals, there is still a decent amount of market value to be found if you shop carefully.

Is the 2023 Toyota 4Runner reliable?

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

Owner feedback repeatedly points to reliability, dependability, and a trouble-free ownership experience, with many shoppers also valuing its ruggedness and long-term appeal. The expert assessment reinforces that impression by describing it as having a reputation for legendary reliability and feeling indestructible.

It also helps that Toyota’s maintenance approach is straightforward, which can make ownership easier to live with. For used buyers, the main long-term risk is that age-related wear may matter more than the basic reputation for durability.

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

Key things to evaluate:

• Trim level: The lineup includes SR5, TRD Sport, Limited, 40th Anniversary Special Edition, TRD Off-Road, and TRD Pro. The base SR5 is the starting point, while the 40th Anniversary Special Edition adds retro body stripes, a heritage grille design, bronze 17-inch wheels, bronze badges, bronze stitching, floor mats, and a numbered dashboard plaque. It is also limited to black, white, or red paint with a black artificial leather interior.
• Powertrain: Every 2023 4Runner uses a 4.0-litre V6 with a five-speed automatic and standard 4WD. The Limited gets full-time 4WD, while other versions use part-time 4WD. Fuel use is high, and the model is built more for durability and off-road ability than quick acceleration.
• Safety package: Toyota Safety Sense includes forward-collision warning with pedestrian detection, automatic emergency braking, adaptive cruise control, lane-departure warning, and automatic high-beam headlights. Blind-spot monitoring and rear cross-traffic alert are standard on every trim level.
• Infotainment: The biggest screen is an 8-inch touchscreen. Apple CarPlay, Android Auto, and SiriusXM are included, and navigation plus a JBL premium audio system are available.
• Fuel efficiency: Natural Resources Canada rates it at 13.8 litres per 100 kilometres in combined driving, and the test vehicle averaged 13.9 L/100 km.

Which 2023 Toyota 4Runner trim should I buy?

The 2023 Toyota 4Runner is offered in 6 trim levels: SR5, TRD Sport, Limited, 40th Anniversary Special Edition, TRD Off-Road, and TRD Pro.

Here's the short version:

• SR5: This is the entry point and the trim that the 40th Anniversary Special Edition is based on, so it gives you the core 4Runner experience without the added cost of the special edition styling. If you want the most straightforward way into the lineup, this is the one to start with.
• TRD Sport: This trim adds a suspension tuned to improve on-road athleticism, so it suits you if you want a slightly more road-focused 4Runner without giving up the model’s rugged basics.
• Limited: This is the best fit if you want the more premium-feeling version, and it is also the trim with full-time 4WD. It is the most sensible choice if you want a 4Runner that feels a bit more polished for everyday use.
• 40th Anniversary Special Edition: This is the style play, with retro details and limited-production exclusivity. Choose it if you want the most distinctive-looking 4Runner and do not mind the narrower colour and interior choices.
• TRD Off-Road: This is the better pick if you care most about trail use, since it adds a suspension that improves wheel articulation by disconnecting the sway bars.
• TRD Pro: This is the most serious off-road version, with a skid plate and a suspension tuned for high-speed dirt driving using front and rear Fox shock absorbers.

Blind-spot monitoring and rear cross-traffic alert are standard on every trim level, so you do not need to move up the range for that safety upgrade.

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

This looks like a moderate, selective buyer’s market, so you should have enough inventory to compare options without feeling rushed.

• Deal availability: 30.2% of listings are priced as good or great deals.
• Inventory: There are 129 listings available.
• Price trend: Prices have softened 8.44% compared with last year.

If you find a listing below $54,865 CAD, 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 $55,545 CAD sits slightly below last year's $60,664 CAD.

That softer pricing can help you as a buyer today, but it also means future sellers may face a more competitive market if prices continue to ease. The 4Runner’s rugged reputation and strong owner satisfaction should help support demand, especially among shoppers who specifically want a traditional SUV.

Even so, resale value will likely depend on condition, mileage, and how well the vehicle has been maintained. A well-kept example should remain easier to move than one showing heavy wear or neglect.

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 Toyota 4Runner earns a four-star overall rating from NHTSA, with no better than a three-star rating for front passenger protection in a frontal-impact collision and a three-star rating for rollover resistance.

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, and automatic high-beam headlights. Blind-spot monitoring and rear cross-traffic alert are standard on every trim level.

The main caveat is that the 4Runner’s crash-test results lag behind newer rivals, and IIHS gives it a Marginal rating for driver protection in the small overlap frontal-impact test. That is a meaningful weakness if safety is a top priority for you.

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:

• 30.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.44% 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 $50,647 CAD, the 2022 costs less than the current year's $55,545 CAD average.
• It keeps the rugged 4Runner formula while staying relevant with modern infotainment and safety tech.

Consider the 2024 if:

• At $55,854 CAD, the 2024 costs more than the current year's $55,545 CAD average.
• It adds a stronger reputation for reliability and durability, but still shows its age.

The bottom line: If you want the best balance of price and features, the 2023 is the sensible pick. If you are more price-sensitive, the 2022 is worth a look; if you want to stay newer, the 2024 is close enough in price that condition and equipment should drive the decision.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.