Sell-or-hold analysis
2023 Toyota 4Runner SR5 resale value forecast (2026)
The 4Runner has held value better than any mid-size body-on-frame SUV in the US for a decade running, and the 2023 SR5 sits at the tail end of the long-running fifth generation. With the all-new sixth-gen 4Runner now in market for MY2025-MY2026, our forecast band below shows whether the legacy halo holds.
Sixth-gen 4Runners are turbo-four hybrids — a major drivetrain shift from the 4.0L V6 that defined the previous generation. A non-trivial share of buyers actively prefer the V6, which has supported 2023 SR5 residuals well above the typical end-of-generation compression.
2023 Toyota 4Runner SR5 price history
Last 26 weeksMedian asking prices aggregated weekly from active dealer and auction listings.
Common questions
How does the new 6th-gen 4Runner affect 2023 SR5 prices?
Less than a typical generational transition. The drivetrain change has split the buyer pool — V6 traditionalists are still seeking 2023-2024 5th-gen examples and have held those residuals firm. Most other end-of-gen SUVs see 8-12% compression; the 4Runner has been closer to 3-5%.
TRD Off-Road vs SR5 — which holds value better?
TRD Off-Road holds 5-8% better residual than SR5 because the off-road package draws an enthusiast buyer pool that's less elastic to economic conditions. SR5 buyers are more often commuter-utility buyers.
Will the 2023 SR5 become a collector vehicle?
Probably not as a standard SR5. Pure V6, manually-transferred-case 4Runners (mostly TRD Pro and certain TRD Off-Road examples) are stronger collector candidates because they represent the end of the analog-drivetrain era.
See how the V6-era 4Runner ages with our forecast
See the live 60-day forecast band, weekly market refresh, and price alerts for every CarCast-tracked vehicle.
Last updated August 2, 2026. Forecast refreshes weekly from live dealer listings.
Forecasts and trend classifications are informational analytics only and do not constitute financial advice or a recommendation to purchase, hold, or sell any vehicle. Individual market conditions vary.