Used 2023 Toyota 4Runner for Sale nearRed Deer, AB

How much does the 2023 Toyota 4Runner cost?

Prices have softened 6.34% compared to this time last year, making it a favourable time to shop this model year.

There are 135 listings available, which suggests a decent amount of inventory for you to compare.

Is the 2023 Toyota 4Runner a good car?

Yes — the 2023 Toyota 4Runner earns a 4.8/5 user rating and a 7/10 expert rating. The standout strength is Look and feel at 10/10.

Owners consistently praise its reliability, comfort, and strong performance, and many also highlight the spacious third row and solid interior layout. The 4Runner’s rugged character and family-friendly practicality come through clearly in the feedback.

The trade-offs are just as clear: it is not especially refined on-road, and fuel efficiency remains a common complaint. That makes it a better fit if you want a traditional SUV for active use, off-road trips, and everyday utility rather than a polished commuter.

Good and great deals account for 35.6% of listings, which gives you some room to shop selectively.

Is the 2023 Toyota 4Runner reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

Owners describe it as reliable, comfortable, and solid for long-term use, with many saying they trust it for everyday ownership. The feedback also points to a dependable, trouble-free character that helps explain its loyal following.

It also comes across as durable and confidence-inspiring in expert testing, with a reputation for being built to handle hard use. Toyota’s simple, helpful technology and rugged construction reinforce that sense of durability.

If you buy used, the main long-term ownership risk is that age-related wear may show up faster in a vehicle designed for tougher use and less refinement.

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

Key things to evaluate:

• Trim level: The 40th Anniversary Special Edition adds retro stripes, bronze 17-inch wheels, bronze badges and stitching, a heritage grille, and a numbered dashboard plaque, while the lineup also includes SR5, TRD Sport, Limited, TRD Off-Road, and TRD Pro. Base trims are simpler, so check whether you want the extra style or capability features before paying more.
• Powertrain: Every version uses a 4.0-litre V6 with a five-speed automatic and standard 4WD, while the Limited gets full-time 4WD and other versions use part-time 4WD. It is built for durability and off-road use more than quick acceleration or fuel savings.
• 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 touchscreen is 8 inches, and the system includes Apple CarPlay, Android Auto, and SiriusXM satellite radio. It also supports connected services, with navigation and a JBL premium audio system available.
• Fuel efficiency: Natural Resources Canada rates it at 13.8 L/100 km combined, and the road test returned 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 it gives you the core 4Runner formula with standard 4WD, Toyota Safety Sense, and the same rugged body-on-frame character as the rest of the lineup. It makes sense if you want the least expensive path into the model and do not need the extra appearance or off-road hardware.
• TRD Sport: This trim adds a suspension tuned to improve on-road athleticism, so it is the better pick if you want a slightly more road-friendly setup without leaving the 4Runner family. It suits buyers who like the look and feel of the 4Runner but spend more time on pavement than trails.
• Limited: The Limited stands out for its full-time 4WD system and suspension tuned for on-road athleticism, making it the most comfort-oriented choice in the lineup. If you want the most everyday-friendly 4Runner, this is the one to focus on.
• 40th Anniversary Special Edition: This is the style play, with retro stripes, bronze accents, a heritage grille, and a numbered plaque. It is best for you if you want a limited-production version with the most distinctive appearance.
• TRD Off-Road: This trim adds a suspension that improves wheel articulation by disconnecting the sway bars, which makes it the obvious choice if trail use matters most. It is the one to target if off-road capability is your priority.
• TRD Pro: This is the most serious off-road version, with a skid plate and a suspension tuned for high-speed performance in the dirt with front and rear Fox shock absorbers. If you want the most capable and most specialised 4Runner, this is the trim to buy.

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 market for selective buyers, so you can shop carefully and still find worthwhile listings.

• Deal availability: 35.6% of listings are priced as good or great deals.
• Inventory: There are 135 listings available.
• Price trend: Prices have softened 6.34% compared with last year.

If you find a listing below $54,686 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 $55,006 CAD sits slightly below last year's $58,729 CAD.

That softer pricing suggests the market has become a bit more buyer-friendly, which can make it harder for a future seller to command top dollar immediately. At the same time, the 4Runner’s strong reputation and loyal following help support demand even as prices ease.

If you own one for the long haul, the combination of rugged appeal and steady interest should help it hold value better than many mainstream SUVs. The current trend is still a reminder that condition, mileage, and trim choice will matter a lot when you eventually sell.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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 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 its crash-test performance trails newer rivals, especially in the IIHS small overlap frontal-impact test, where it received a Marginal rating for driver protection.

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:

• 35.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 6.34% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.
• It adds standard blind-spot monitoring and rear cross-traffic alert across the lineup.

Consider the 2022 if:

• At $50,043 CAD, the 2022 costs less than the current year's $55,006 CAD average.
• It keeps the rugged, old-school SUV character alive while still handling everyday duties.

Consider the 2024 if:

• At $57,336 CAD, the 2024 costs more than the current year's $55,006 CAD average.
• It leans harder into reliability, durability, and off-road appeal.

The bottom line: The 2023 is the best all-around choice if you want the latest of this generation’s safety and trim updates without paying more for the 2024. If price matters most, the 2022 is the value play, while the 2024 makes sense if you want to stretch for the newest example.

How does the 2023 Toyota 4Runner compare to the 2023 Jeep Grand Cherokee?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.