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Someone Is Asking $67,000 For A 2024 Toyota 4Runner, And This Foreshadows A Grim Future For The Company's SUV Models

Fifth-generation Toyota 4Runner prices hold exceptionally well, with 2024 models, in many cases, being more expensive than the new model.

We can all agree that Toyota and Lexus are two car brands that best retain their value. Even older models of the brand retain their value because they are built to last. With cars becoming more complex and more disposable than ever before, dependability has become even more of a factor when looking for your next car.

That said, some individuals like to abuse the fact and put insane markups on vehicles. While dealers are the most common suspects, it is no less a common occurrence among private sellers. I stumbled upon one post in the Facebook group, “6th Gen 4Runner club”, where an outraged member posted an ad from Facebook marketplace.  

I have also included cropped images from the ad. 

“$67,000 for a 2024 TRD Pro with 10,000 miles.... insanity...  “, said Ty Wyatt, the member who first found the ad. 

Ads like these are not a new occurrence among Toyota sellers

While almost all Toyota and Lexus models are exceptionally good at retaining their value on the used market, things might take a turn for the worse. The 2025 Toyota 4Runner was received with mixed feelings by fans of the model. While the latest iteration of the Japanese SUV received much-needed modern features, the tried-and-tested fifth-generation 4Runner is universally loved for its ruggedness and relative simplicity compared to the newer SUVs. Moreover, many fans have not gone over the fact that the iconic 4X4 model no longer features a V-6 engine. 

This is something of a trend with some of Toyota's recent models. 

2024 Toyota 4Runner price bubble has popped, but some sellers have not gotten the memo yet

Steven Gadget Dopler says, “Seems we saw the same thing on the last Gen Tacomas when the 24s came out. The older ones went up in value. Looks like the same is happening for the 4Runners.” 

Luckily, most Toyota buyers are sensible people and have not fallen into the price-bubble trap. 

Sarah Beebe says, “I paid less than that for my 2025 with 2 miles on it!” 

James Johnson says, “Won't sell for that much, the TRD pro bubble burst months ago.” 

The fifth-generation 4Runner is a great, rugged off-roader, but paying more than what the new model is worth is insanity. 

The MSRP prices are always a good reference point, and in 2024 (the last year of the fifth-generation 4Runner), the Toyota SUV could be yours for $41,655–$56,620, depending on the trim. 

For the 2025 Toyota 4Runner the price range is 42,220–$58,850 MSRP. And there are, currently, great deals on TRD Sport, TRD Off-road, and TRD Pro models, according to TrueCar

Things are more interesting when we talk about the 2024 model. The TRD and Limited models are still around their original MSRP, even a year after the new generation went on sale. The market for these is still hot, especially given the mixed reception of Toyota's new T24A engine, which can also be had in hybrid form.  

Why modern Toyota SUVs will not hold their value nearly as well as the older ones 

I think models like the second-generation Toyota Tundra and fifth-generation 4Runner will be the last models of the Japanese brand to hold their value exceptionally well. I see this with J250 owners who trade-in their Land Cruisers after mere months, for other SUVs. At the same time, there are screaming deals for way under MSRP, if you are willing to sacrifice some of the Land Cruiser's off-road features.  

The sixth-generation Toyota 4Runner is falling from grace too as clients are opting for the Honda Passport and other competing models. I think Toyota's current lineup of SUVs will be the future screaming deals if you don't mind the downsized, turbo-four engines. 

While the ad that started this topic is, indeed, unrealistically priced, I'd like to hear your thoughts. Would you get the old Toyota 4Runner instead of the new one? And will Toyota and Lexus SUVs continue to hold their value long-term like they used to? Feel free to share your thoughts in the comment section below. 

Dimitar Angelov's automotive interests made him an expert in a wide variety of vehicles. Japanese brands like Toyota are closest to his heart, although performance cars in general are his favorite segment, which is why he is constantly on the lookout for the best deals on the market. Dimitar Angelov's car passion and knack for the written word led him to complete a Master of Arts in Media and Communications, and classic car restoration. Dim is happy to get behind the wheel of any car and share his impressions. You can follow Dimitar on XLinked-inInstagram, and Facebook.

Main image source: 2024 Toyota 4Runner press kit

Comments

Jeff Kinsey (not verified)    April 16, 2025 - 10:08AM

What am I missing?

It sounds like what happened to Jeep (in a way, but not exactly). Today, a Jeep is mostly a Fiat. So, since I can no longer get the good Rav4, it makes sense to put a premium on the older beloved version, even with 10K miles.

John (not verified)    April 17, 2025 - 10:17AM

I would certainly prefer a 5th gen 4Runner to the new 6thGen. In fact, a local Ford dealer has a used 2024 TRD PRO in Terra listed at $66k. Absolutely insane, IMO. That's 10k more than it was brand new. And locally, last year, Toyota dealers in my area were not marking up the last of the 5th Gens of the TRD pro. I want that truck badly, but not that bad... I'd buy the new LC before a 5th gen with that kind of markup...

Dimitar Angelov    April 23, 2025 - 7:44AM

In reply to by John (not verified)

I hear that. The LC J250 has a different problem, however. I see a lot of owners trading them in after mere months of owning them. so they can jump to something with more cylinders.

Not everyone is unhappy with the LC's 2.4-liter turbo hybrid, but some dislike how it delivers performance. I agree about the fifth-gen. It's a great, rugged SUV and features proven tech, but some sellers are abusing that too much.

Eventually, I'm sure prices will go down. There are plenty of alternatives out there, and as you said, no one is that desperate about owning a 5th gen, which, let's face it, is old tech at this point.

Bob b (not verified)    April 17, 2025 - 10:21AM

The 2026 new model 4 runner will no way last like the 5th generation 4 runners will. The big fail was to put a 4 cylinder turbo charged motor in it. There is no way that 4cyn turbo will last like the BULLET PROOF V6 5 speed transmission 5th generation. This to me was a HUGE MISTAKE by Toyota. I'm sure Toyota will find this out soon with poor sales. I have the 2019 SR5 premium. I might not have some of the newer features the 6th generation has but to me it has all I need.

Dimitar Angelov    April 23, 2025 - 7:46AM

In reply to by Bob b (not verified)

I can definitely understand where you are coming from. 5th gen features proven tech. Everybody is familiar with them and how to work on them if necessary.

We'll see how the 2.4-liter turbo engine holds up. So far, I am not hearing any complaints, but I'd give it 2 or 3 years just in case.

Pt shaft (not verified)    April 17, 2025 - 4:45PM

I just made this decision and canceled my 2025 4runner and instead purchased a leased 2021 forerunner with only 18,000 miles in mint condition. The main considerations are 1. Uncertainty with 4 cyl. 2. Proven longevity with 5th gen. 4. I put $20k improvements on the 2021 and still was less expensive. 5. Now have awesome Billstein 8100 suspension, bumper, winch, Gobi Rack, larger tires, better wheels, etc.
The new vehicles are simply far too expensive for what they offer. And Toyota reliability is starting to go down. I think the sweet spot are a few years older than 2024 with low mileage. I also considered and ordered a new Ford bronco and looked at the jeeps since I own a Rubicon. I don’t trust anything like the older4runners. I am 68 years old, I will still be driving this 4runner when they take the keys away, if they can.

Dimitar Angelov    April 23, 2025 - 7:48AM

In reply to by Pt shaft (not verified)

I totally get why you decided that. 

I'd say you've made a smart and practical choice. That's a great find, actually.

Like I've said in a reply to another comment, the 5th gens are proven tech, and they are a well-known platform. Simpler too, especially compared to the hybrid stuff.

So far, I don't see any major issues with the new 2.4-liter turbo-four, unlike the new twin-turbo V-6 in the Tundra, but we'll see how well they hold up after some miles.

Pete B (not verified)    April 17, 2025 - 10:27PM

I understand. I had a 5th gen 4R. It was perfect. So reliable. Predictable. Easy. Just gas and oil changes, brakes and tires.
I traded perfect for perfect with luxury and more. A 2019 Lexus GX460 with a V8 with more power, torque and full time 4WD built like a Rolex. I was so incredibly impressed. Perfect but More. Amazingly, I traded that magnificent machine for new 2023 Lexus GX460 which was the last and final 460 with the last and final V8 of LEXUS/TOYOTA with the most modern and updated electronics,safety features and exterior and interior. The absolute best most refined and reliable after 14 years of fixing the small things, of implementation of excellence from LEXUS’ best factory in Japan by their best engineers and technicians. The 4Runner is made in the same factory. I am so happy with my investment and completely understand that the value is what the market sees and says. These vehicles are worth the gold the market says they are.