I would definitely advise waiting and buying new when the 22's hit the lot. You'll be paying the same, if not less than what used market is. Remember, markets inflated 48%. They probably won't change anything in 2023 so might as well go for 2022.

I ordered a 2021 Pro in October 2020, when it still looked like they might introduce the 6th gen for the 2022 model year. I was considering a Bronco as well, but abandoned that idea fairly quickly when it became apparent that the wait would be long and indefinite.

Ultimately my thinking was that I knew I loved the 2021 Pro and that I would love it regardless of what the 6th gen (or the Bronco) turns out to be. If the 6th gen is awesome, I can always sell the 2021. If the 6th gen sucks, then I already made the right choice, and I'll drive what I've got for the next 250,000 miles.

So I say if you can find a 2021 at MSRP, go for it. If you have to wait until 2022, at least you'll get a couple extra goodies -- blind spot monitoring and more cameras. But life is short, so if you know you like current model and have the funds, get it and start enjoying it. The future will take care of itself.

It sounds like they have room for expansion according to this article.

Overview of Toyota’s Manufacturing Plant in Guanajuato, Mexico

'22 equals 2022. 22' equals 22 feet.

$5000 equals five thousand dollars. 5000$ does not.

Sorry, just me being me here.

I too am wanting to get a new 4Runner. Initially convinced myself I wanted a full size 4 door Bronco, but would not buy a vehicle I can't see and touch before committing to serious money plus there is a serious waiting issue for one. Finally decided to go for a 4Runner then started the painful mind game of buy a 2021 or see what comes out in a couple months for a 2022. I look online everyday for any confirmation on what the 2022 4Runner will be but there's little to no real news coming out which leads me to believe not much is going to change for 2022. Plus if the 6th gen is a turbo engine.....I would prefer not, that's the one thing I had an issue with on the idea of a Bronco. Turbo's are great but adds a lot of complication and potential issues that I don't need if I can avoid - keep it simple as possible.
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While pondering when to buy, I have been figuring what trim to by and had narrowed it down to a TRD Off-Road or a Limited. The Limited has the lockable Torsen limited slip transfer case and ATRAC. The lockable Torsen limited slip transfer case is better in off-road turns when you are running 4WD and traction happens to be good (no drive line binding) and if the ATRAC works very effective, no need for locking rear differential otherwise can add a rear locker later. Not sure I need or want the Crawl Control and Multi-Terrain Select missing from the Limited compared to the TRD Off-Road.

Bottom line is I think I am going with a 2021 Limited as soon as I can find one locally.

Between all the myriad reports, I do think the writing is on the wall in terms of the 6th gen being built in Mexico or the US. Simply, with 4Runners only being sold in only a handful of countries outside the US/Canada, the logic for building them in North America is quite strong.
While many of us might appreciate greatly the 4R being made in Japan (heck most of us go so far as to refer to Aichi), doubt that many of the 100,000 plus buyers will care.

In terms of the 2022’s, adding BSM/RCTA does get the model up to currentish safety features and is long overdue. No doubt when the hybridized is announced, beyond whatever “final edition” hooey, the 2022’s will be sought after for BSM. That said, adding CarPlay certainly makes a bigger difference day to day in my experience.

I hope Toyota announces they're building the next one in Mexico. The value of my low mileage T4R will go through the roof. lol

I think wait just because of market and possible updates

Well, the Limited has worse traction, lower hanging plastics, and you would paying more for a street-oriented suspension that you would probably want to replace anyway. Installing rock sliders will likely require dealing with the rocker panels as well and you would want 17" wheels.

A-trac is ok, but I never use it because I really like MTS. There is a big difference between the different regimes as opposed to one size fits all with a-trac. Adding a rear locker is not exactly a minor mod as well.

Crawl control: I use it for difficult donwhill spots. It is phenomenal for that or anything else you want to crawl precisely; the chip has no wet foot to slip, etc, etc . I have never tried it uphill because I don't trust it for that as the computer "cannot see" what is ahead and give it a little gas ahead of time.

So I'd say crawl control is a cool luxury, but MTS is key in my use.

All in all, it is not at all cheap to bring a Limited to the OR level and the latter would still have bonus features.

We looked hard at the limited, because of all of the interior upgrades compared to the ORP.

But for off-road the limited is, well, limited by the stock wheels, the low hanging plastic and fairings.

By the time we dumped the silly 20" rims and removed the low hanging plastic, it made no financial sense for us.

If I was to primarily use it on road in low traction circumstances, like snow or ice, the limited would have won out...

This was my primary motivation for buying my 2020 when I did rather than waiting for a 6th gen. I don't trust Toyota to build a vehicle that most of us would want. They seem to be completely tone deaf on what offroad SUV buyers want. And they seem to innovate at an absolutely snail's pace. Their recent designs almost across the board have been pretty meh, with only a few lucky successes (Lexus LC500, 5th gen 4Runner, maybe the new Camry but even that isn't that special). A lot of their new models have been compromised (3rd gen Tacoma, the new Tundra, the new Supra, the new GT86, etc etc etc).

I completely expect Toyota to follow the new Land Cruiser design ethos for the new 4Runner (more lux, more hybrid, more low hanging plastic body parts) rather than chasing the Bronco and Wrangler like they should be.

I purchased my ‘16 Limited in 2019 with the anticipation of buying a 6th Gen in 2023. But if you got cash to burn .. get what you want now. If it does not happen in 2023, then perhaps 2024.

Either way, I’m enjoying my 5th Gen :-)

We Still Expect Elevated Inflation to Be Temporary | Morningstar

Observed inflation ^^^ is largely due to auto sector, which will not last.

Lexus finally updated the 22 GX interior and has buttons, screen, carplay etc.
Think that tells us anything?
At least a couple more years before a redesign of that platform- 24/25 at best?
And I'm thinking the 4R is linked to that timeline as well?
Maybe the 4R the year before the Lexus?