Used 2023 Toyota Tundra Hybrid for Sale nearPeterborough, ON

How much does the 2023 Toyota Tundra Hybrid cost?

Prices have softened 13.32% compared to this time last year, making it a favourable time to shop this model year.

There are 146 listings available, which suggests a modest amount of inventory for shoppers to compare.

Is the 2023 Toyota Tundra Hybrid a good car?

The 2023 Toyota Tundra Hybrid is in a moderate market position based on current pricing and deal availability, with the average used price sitting at $60,294 CAD and the model showing a 30.8% share of good and great deals. That combination points to a vehicle that can make sense if you want to shop carefully and compare listings rather than rush into the first one you see.

With 30.8% of listings marked as good or great deals, you have a meaningful number of opportunities to find a competitively priced example.

Is now a good time to buy a used 2023 Toyota Tundra Hybrid?

This is a moderate, selective buyer's market, so you can shop with some confidence if you are willing to compare listings and move quickly on the better-priced ones.

• Deal availability: 30.8% of listings are priced as good or great deals.
• Inventory: There are 146 listings available.
• Price trend: Prices have softened 13.32% compared with last year.

If you find a listing below $60,225 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota Tundra Hybrid's resale value?

The current average of $60,294 CAD sits slightly below last year's $69,559 CAD.

That price movement suggests the market has cooled, which can be helpful if you are buying now but less favourable if you plan to sell soon. If you own one, the current pricing environment may mean you need to be realistic about resale expectations. If you are buying, the softer trend can work in your favour as long as you focus on well-priced listings.

Should I buy a 2023 Toyota Tundra Hybrid or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

• 30.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.32% compared with last year.

The bottom line: The 2023 is the strongest choice if you want the current-year balance of pricing and availability, especially since the market has softened and there are still enough listings to compare. If you are especially price-sensitive, it can also be worth looking at nearby years to see whether a lower average price better fits your budget.

How does the 2023 Toyota Tundra Hybrid compare to the 2023 Ford F-150?

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