Used 2023 Toyota 4Runner for SaleNationwide

How much does the 2023 Toyota 4Runner cost?

Prices have softened 8.53% compared to this time last year, making it a favourable time to shop this model year.

There are 123 listings available, which suggests you have a reasonable amount of inventory to compare.

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, which points to broad owner satisfaction and solid overall appeal.

The standout strength is Look and feel at 10/10.

Owners repeatedly praise its reliability, comfort, strong performance, spacious third row, and solid interior layout and features. That lines up well with the 4Runner’s use case as a rugged, traditional SUV that still works for families who want space and a more adventurous character.

The trade-offs are clear: the expert notes call out poor on-road handling and weak fuel economy, so this is better suited to you if you value capability and practicality over refinement. Even so, 33.3% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2023 Toyota 4Runner reliable?

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

Owner feedback highlights reliability, comfort, and a dependable feel, with several comments pointing to a vehicle you can count on over time. The expert notes also describe it as having a reputation for legendary reliability and feeling indestructible, which reinforces its durability-focused appeal.

Toyota’s simple, effective approach to the 4Runner’s hardware and cabin controls supports that reputation, and the model’s rugged construction suggests it is built for long-term use. For used buyers, the main ownership risk is that age-related wear may show up in fuel costs, ride quality, and everyday refinement before it shows up in outright mechanical failure.

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

Key things to evaluate:

• Trim level: The 40th Anniversary Special Edition is based on the SR5 trim level and adds retro stripes, a heritage grille, bronze 17-inch wheels, bronze badges and stitching, floor mats, and a numbered dashboard plaque. It is limited to black, white, or red paint with a black artificial leather interior, while the broader lineup also includes SR5, TRD Sport, Limited, TRD Off-Road, and TRD Pro.
• 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 economy is poor, and the expert notes average 13.9 L/100 km in testing.
• 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, SiriusXM satellite radio, and available connected services. Navigation and a JBL premium audio system are available, and the interface is designed to stay easy to use even with gloves on.
• Fuel efficiency: Natural Resources Canada rates it at 13.8 L/100 km in combined driving, and the expert test recorded 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 starting point and the basis for the 40th Anniversary Special Edition, so it makes sense if you want the core 4Runner experience without paying for extra styling or hardware.
• TRD Sport: Choose this if you want the on-road-focused suspension tuning that improves athleticism without moving into the more specialised off-road trims.
• Limited: This is the best fit if you want the full-time 4WD system and a more road-oriented setup.
• 40th Anniversary Special Edition: This is the most distinctive choice, with retro styling and limited production appeal, but it is mainly for buyers who value appearance and exclusivity.
• TRD Off-Road: Pick this if you want the suspension that improves wheel articulation by disconnecting the sway bars.
• TRD Pro: This is the most capable performance-oriented version, with a skid plate and Fox shocks tuned for high-speed dirt driving.

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 it makes sense to compare listings carefully and move quickly on the right one.

• Deal availability: 33.3% of listings are priced as good or great deals.
• Inventory: There are 123 listings available.
• Price trend: Prices have softened 8.53% 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 $55,319 CAD sits slightly below last year's $60,480 CAD.

That softer pricing can help you as a buyer today, but it also suggests future sellers may face more competition if the market stays well supplied. Because the 4Runner’s price has already moved down from last year’s level, resale value may depend more on condition, trim desirability, and mileage 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?

The 2023 Toyota 4Runner earns an overall four-star 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 this year.

The main caveat is the crash-test performance: the IIHS gives it a Marginal rating for driver protection in the small overlap frontal-impact test, which is a notable weakness for used shoppers who prioritise safety.

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:

• 33.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.53% 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, plus the limited-production 40th Anniversary Special Edition.

Consider the 2022 if:

• At $50,348 CAD, the 2022 costs less than the current year's $55,319 CAD average.
• It keeps the rugged, adventure-ready character while staying relevant with modern infotainment and safety tech.

Consider the 2024 if:

• At $55,685 CAD, the 2024 costs more than the current year's $55,319 CAD average.
• It adds a strong reputation for reliability and durability, but still trails newer rivals in technology and efficiency.

The bottom line: If you want the best balance of price movement, owner satisfaction, and updated safety equipment, the 2023 is the sensible pick. If your priority is saving money, the 2022 is the better value path; if you want to stay closer to the newer model-year market, the 2024 is the alternative to compare.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.