Does the Toyota 4Runner hold its value?
Yes, the Toyota 4Runner is known for its excellent resale value and ability to hold its value over time. According to industry data, the 4Runner is one of the vehicles that retains its value the best in the SUV segment.
Why the Toyota 4Runner Holds Its Value
There are several key reasons why the Toyota 4Runner is able to maintain its value so well:
- Reputation for Reliability and Durability - The 4Runner has a long-standing reputation for being a highly reliable and durable vehicle. Toyota is known for building vehicles that can last for hundreds of thousands of miles with proper maintenance, and the 4Runner is no exception.
- Consistent Design and Capabilities - The 4Runner has had a similar body-on-frame design and off-road capabilities for many years, which appeals to buyers who want a capable and proven SUV. This consistency in the 4Runner's design and capabilities helps maintain its value.
- Limited Competition in the Midsize SUV Segment - The 4Runner faces relatively limited competition in the midsize SUV segment, especially for models focused on off-road performance. This lack of direct competitors helps the 4Runner retain its value.
- High Demand for Used 4Runners - There is consistently high demand for used Toyota 4Runners, both from consumers and dealers, which helps drive up resale values.
According to industry data, the Toyota 4Runner typically retains around 70-80% of its original value after 5 years of ownership. This is an exceptionally high resale value compared to many other SUVs and vehicles in general.
Factors That Impact 4Runner Resale Value
While the 4Runner is known for its strong resale value, there are some factors that can impact how much a particular 4Runner retains its value:
- Mileage - Lower mileage 4Runners will generally retain more of their value than high-mileage models.
- Condition - 4Runners that are well-maintained and in excellent condition will command higher resale prices.
- Options and Packages - 4Runners equipped with desirable options and packages like four-wheel drive, premium audio systems, and off-road packages will typically retain more value.
- Model Year - Newer model year 4Runners will generally retain more value than older models, all else being equal.
Overall, the Toyota 4Runner's combination of reliability, capability, and consistent design make it one of the vehicles that holds its value the best in the SUV segment. Buyers who prioritize resale value should strongly consider the 4Runner when shopping for a midsize SUV.
Do Toyota 4Runners have good resale value?
The Toyota Tacoma, Highlander, and 4Runner rank very high in resale value. Our rankings consider new and used prices of vehicles, maintenance costs, and overall predictable expenses. KBB also ranks Toyota as number one for best resale value by brand.
What is the weakness of the 4Runner?
Zero responsiveness, any other vehicle behind makes it clear that this thing can't keep up with traffic. Everything else walks away from it on grades. This is my biggest peev with the 4runner. The second is interior noise.
Does 4Runner depreciate?
A 2022 Toyota 4Runner has depreciated $10,908 or 23% in the last 3 years and has a current resale value of $34,693 and trade-in value of $32,014. The 2022 Toyota 4Runner is in the top 10% for depreciation among all 2022 SUVs.
Which Toyota models have the best resale value?
The high resale value of the Tacoma, Tundra, and 4Runner emphasizes their durability and longevity, so you know you can count on your new-to-you auto for years to come.
