How much is a 1987 Toyota 4Runner worth?

Prices vary by condition, but most 1987 Toyota 4Runners change hands for roughly $10,000 to $25,000 in today’s market; exceptional, low-mileage, or well-documented examples can exceed $40,000.

This article details how values are estimated, what buyers and sellers consider most important, and where to look for current pricing data. It draws on valuation guides and recent auction results to reflect market realities as of 2025.

Current market ranges by condition

These broad price bands reflect current listings, auction results, and valuation guides across the U.S. as of 2025. They illustrate how condition and originality push value upward.

• Under $8,000 — Poor or non-running project, significant rust or body damage, extensive mechanical issues.


• $8,000–$14,000 — Running and usable but with notable wear, cosmetic flaws, higher miles, or missing trim components.


• $14,000–$22,000 — Solid driver in good condition, mostly stock, documented maintenance, modest rust or wear, presentable interior.


• $22,000–$35,000 — Very good to excellent condition, stock or near-stock with clean interior, good mechanicals, lower to mid miles.


• $35,000 and up — Exceptional, low-mileage, rust-free, well-documented or professionally restored; highly sought-after colors and original parts.

Prices vary by region and provenance, and rare, well-documented examples can command premiums. Always verify condition with a thorough inspection and compare multiple sources before buying or selling.

How to price a specific vehicle

To tailor a price for your exact 1987 4Runner, use these steps to assess condition and find comparables.

Key factors to review when pricing

• Condition and originality — Inspect the body for rust, frame integrity, and the interior for wear. Note any non-original parts or modern upgrades.


• Maintenance history — Gather receipts and service records; consistent maintenance often adds value.


• Mileage and drivetrain — Consider how miles relate to overall wear; verify engine, transmission, transfer case, and 4WD functioning.


• Provenance and documentation — Original window sticker, ownership history, title status, and any restoration documentation can boost value.


• Market specifics — Regional demand, color, trim level, and optional equipment (e.g., off-road packages) can influence price.


• Modifications — tasteful, period-correct upgrades may or may not increase value depending on buyer preference and originality.

With a clear picture of these factors, you can set a target price range and adjust based on how your vehicle stacks up against comparables.

Where to find current pricing data

Consult these sources to anchor a price using real-world examples and valuation metrics.

1. Bring a Trailer auction results and current listings — Useful for seeing prices on similar, well-documented examples.


2. Hagerty Price Guide — A widely used benchmark for classic and vintage vehicles, including older Toyota SUVs.


3. NADA Guides (Heritage/Classic) — Provides category-based valuations that buyers and lenders reference.


4. Local classifieds and specialty classic-car dealers — Helpful for regional pricing and available stock.


5. Online marketplaces (e.g., eBay Motors) — Offers additional data points on asking prices and sale outcomes.

Prices drawn from these sources should be considered a guide. The exact value of a given 1987 4Runner will depend on its condition, history, and how aggressively a seller or buyer negotiates.

Summary

For a 1987 Toyota 4Runner, value hinges on condition, mileage, originality, and provenance. Most well-maintained, stock examples fall into the mid-range of the market, with strong demand for rust-free, well-documented units pushing prices higher. Prospective buyers should compare multiple sources, arrange a thorough inspection, and consider regional pricing to land a fair price. With diligent research and a clear understanding of a vehicle’s specifics, both buyers and sellers can navigate the vintage SUV market confidently.

What is a 1987 Toyota pickup worth?

The price for a 1987 Toyota Pickup varies significantly, with original MSRPs ranging from about \$7,218 to \$14,728 depending on the trim, while current used market prices typically fall between \$10,900 and \$20,000, with an average around \$16,965. Factors like condition, mileage, modifications, and specific trim (e.g., 4WD, turbo, SR5) greatly influence the final price, with exceptionally well-maintained or rare examples selling for over \$25,000.
 
Factors that affect the price

• Original MSRP: The starting MSRP for a base model was around \$7,218, but the highest trim, like the SR5 Turbo 4WD Extended Cab, had an original MSRP of \$14,728. 
• Current Market Price: The current price depends heavily on the vehicle's condition.
  • Average Price: Around \$16,965. 
  • Price Range: Typically between \$10,900 and \$20,000. 
• Vehicle Condition: A well-maintained or restored truck will command a higher price. A 1987 Toyota Pickup Deluxe in "good condition" with average specs is valued at about \$11,850, according to Hagerty. 
• Mileage and History: Lower mileage and a clean history will increase the value. Examples with very high mileage or accident history will be priced lower. 
• Trim and Features: Specific trims, such as 4WD or Turbo models, are more valuable. The Hagerty Valuation Tools notes a 1987 1 Ton in #3 (Good) condition is valued at around \$9,200. 
• Modifications: Aftermarket modifications can increase the value, especially if they are high-quality performance upgrades. 

Examples of recent sales

• High Price: A modified 1987 Toyota Pickup sold for \$25,251 at auction. 
• High Price: A clean 1987 Toyota Pickup with 67k miles sold for \$27,999. 
• Low Price: A 1987 Toyota Pickup with over 395k miles sold for \$13,000. 
• Auction Price: The most recent auction sale for a 1987 Toyota Pickup Deluxe was \$16,012. 

What year 4 runner to stay away from?

The Toyota 4Runner years to avoid are generally 2003-2005 due to severe frame rust and engine issues, and earlier models like 1988-1995 (specifically with the 3.0L V6) due to head gasket failures. Other problematic years include 2001-2002 for rust and 2010-2011 for airbag defects. 
This video discusses the best and worst years for the Toyota 4Runner, including common problems to watch out for: 59scar PROblemsYouTube · Oct 29, 2024
Problematic model years by generation 

• First Generation (1984-1989): Avoid 1988-1989 models with the 3.0L V6 engine due to potential head gasket failures. 
• Second Generation (1990-1995): Avoid 1990-1995 models with the 3.0L V6 engine for the same head gasket issues. 
• Third Generation (1996-2002): Avoid 2001-2002 models due to reports of severe frame rust and suspension problems. 
• Fourth Generation (2003-2009): This is the most problematic generation. 
  • 2003-2005: These years are notorious for severe frame rust, and some 2003-2004 models are also associated with head gasket failure and dashboard cracks. The 2004 model is often cited as one of the worst due to a combination of rust, ABS problems, and poor rear impact safety ratings. 
• Fifth Generation (2010-present): Avoid 2010-2011 models due to dangerous airbag defects. 

Key issues to be aware of

• Frame and body rust: A significant problem, particularly for the 2003-2005 models, can lead to expensive repairs or a complete vehicle write-off. 
• Engine issues: The 3.0L V6 engine in the second-generation 4Runner is prone to head gasket failure. 
• Airbag defects: A recall affected the 2010-2011 models due to faulty airbags. 
• Dashboard cracks: This was an ongoing issue in some models, including the 2004. 
• Suspension and brake problems: The 2001-2002 models had suspension issues, while the 2004 had a high number of complaints about the ABS not working properly. 

How much can I sell my 4Runner for?

The Toyota 4Runner has a very strong resale value, consistently ranking high in its class due to its reputation for reliability, ruggedness, and a loyal fanbase. For example, the 2025 model is projected to retain 60.0% of its value after five years, and it has a low depreciation rate compared to many other SUVs.
 
Factors contributing to its high resale value

• Reliability: The 4Runner is known for its durability and longevity, which leads to lower repair costs and a higher resale value. 
• Off-road capability: Its reputation as a rugged, capable off-road vehicle is a major draw for a dedicated customer base. 
• Popularity: The model has a long production history and a loyal following, which drives consistent demand in the used car market. 
• Low depreciation: Compared to other SUVs, the 4Runner depreciates slower, meaning owners can expect to get a better return on their investment when they sell. 

Expected resale value examples

• A 2022 model is expected to have a resale value of around 58.6% after five years, according to Southeast Toyota Finance. 
• A 2025 model is projected to hold onto 60.0% of its value after five years, ranking it highly among other vehicles, says Kelley Blue Book. 
• In mid-2025, a 2021 model is estimated to sell in the $30,000–$38,000 range, depending on trim, mileage, and condition, notes Cuvrd. 

How to get the most accurate estimate for your vehicle

• Check the mileage and condition: A vehicle's value is significantly impacted by its mileage and overall condition. 
• Consider local market factors: Local demand and specific market conditions can influence the final sale price. 
• Use appraisal tools: Utilize tools from resources like Edmunds or Kelley Blue Book to get a more accurate and personalized estimate. 

How much is a 1987 Toyota 4Runner worth today?

Typically, you can expect to pay around $16,100 for a 1987 Toyota 4Runner in good condition with average spec.