04-04-2023, 08:39 PM
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#1
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Latest on 2024 4R?
I've searched and can't find anything recent on the 2024. I've been told by the inventory manager at my dealership that the 5th gen will have a final encore for 2024, when I will likely be a buyer. I found some info on this forum a few months ago, but can't for the life of me find anything recent. I'm probably staring right at it and missing it. Any help will be appreciated. Thanks.
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04-04-2023, 11:15 PM
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#2
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There is no info on 2024 4R as it will be the same as the 2023. If you want to read rumours about the 6th gen 4R look in the 6th gen section. There's a long thread on it.
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04-05-2023, 12:01 AM
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#3
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Quote:
Originally Posted by Blackwatch
There is no info on 2024 4R as it will be the same as the 2023. If you want to read rumours about the 6th gen 4R look in the 6th gen section. There's a long thread on it.
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Thanks. I am aware of that. I just was looking for any recent info on the final 5th gen year. At my age, it's likely the last T4R and/or vehicle I'll buy.
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04-05-2023, 11:16 AM
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#4
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Quote:
Originally Posted by NMJack
Thanks. I am aware of that. I just was looking for any recent info on the final 5th gen year. At my age, it's likely the last T4R and/or vehicle I'll buy.
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If you are looking for info on what the 6th gen t4r will have you should pay close attention to the next gen Tacoma release which was just teased and expected to debut this year and go into production late this year. We will see similar styling and direction in the 4runner. They are likely sharing the TNGA platform so will have similar specs / powertrains.
IMO between tech and hybridization I think buying brand new vehicles in the next few years is a terrible idea. There are too many vehicles getting refreshed / updated that you will either miss out on or if you get an updated model they will have new tech issues and kinks that need a few model years to resolve. All just my opinions, DYOR.
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04-05-2023, 12:11 PM
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#5
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04-05-2023, 12:38 PM
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#6
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I don't think there's any word yet on what the probably final 5th gen model year, 2024, will bring. I think you can expect some kind of phoned-in trim similar to the 40th Anniversary that combines some stickers, a badge, maybe wheels, but that's about it. The thing sells well enough without changes, so I certainly wouldn't expect significant changes/upgrades for the final model year.
You can probably expect the price to hike a good bit. If you want a late 5th gen, might just be better to buy one sooner than later. 2023 already had a mid-model-year MSRP increase of $750 in January, and EPA fuel economy penalties they pay (and pass on to the buyer) are getting really steep for this kind of vehicle.
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04-06-2023, 01:40 PM
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#7
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Quote:
Originally Posted by thatoneguy
I don't think there's any word yet on what the probably final 5th gen model year, 2024, will bring. I think you can expect some kind of phoned-in trim similar to the 40th Anniversary that combines some stickers, a badge, maybe wheels, but that's about it. The thing sells well enough without changes, so I certainly wouldn't expect significant changes/upgrades for the final model year.
You can probably expect the price to hike a good bit. If you want a late 5th gen, might just be better to buy one sooner than later. 2023 already had a mid-model-year MSRP increase of $750 in January, and EPA fuel economy penalties they pay (and pass on to the buyer) are getting really steep for this kind of vehicle.
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Thanks for the info related to my OP. I've only bought very basic SR5s without any extra frills. I just like the T4R and am interested in buying one more before they go all Turbo/4cylinder and who knows what else. It may be a no news is good news situation.
WRT price: the best prices I'm seeing locally currently are MSRP plus doc fee ($500). It's supply and demand and it's not where I would like it. I'm in no hurry, as my 2018 SR5 has less than 30K on it and any new purchase will be similarly equipped. So why trade up? Simple. We have a system of hand me downs in our family and need one more T4R to complete the stable. Sure, there may be a trade off. Any relaxation of the dealer markups may be offset by manufacturer price increases. I get that.
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04-06-2023, 01:46 PM
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#8
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Quote:
Originally Posted by El Dusty
If you are looking for info on what the 6th gen t4r
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I'm not.
Quote:
IMO between tech and hybridization I think buying brand new vehicles in the next few years is a terrible idea. There are too many vehicles getting refreshed / updated that you will either miss out on or if you get an updated model they will have new tech issues and kinks that need a few model years to resolve. All just my opinions, DYOR.
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I agree, except in the case of the T4R I think we know that the next gen will be a four-cylinder turbo which I am not interested in. That's the kind of info I was asking about.
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04-06-2023, 02:47 PM
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#9
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Quote:
Originally Posted by NMJack
Thanks for the info related to my OP. I've only bought very basic SR5s without any extra frills. I just like the T4R and am interested in buying one more before they go all Turbo/4cylinder and who knows what else. It may be a no news is good news situation.
WRT price: the best prices I'm seeing locally currently are MSRP plus doc fee ($500). It's supply and demand and it's not where I would like it. I'm in no hurry, as my 2018 SR5 has less than 30K on it and any new purchase will be similarly equipped. So why trade up? Simple. We have a system of hand me downs in our family and need one more T4R to complete the stable. Sure, there may be a trade off. Any relaxation of the dealer markups may be offset by manufacturer price increases. I get that.
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In my area, 4Runners have sold at or near MSRP for years. People know these are going away, and that's keeping demand high. No dealer has tons and tons of sitting stock of new 4Runners.
The cheapest new 5th gen you can get is probably now at MSRP, not a 2024 at... probably MSRP (a higher MSRP at that time in the future). I think you could expect 2024 to carry at least a $750 price increase. Maybe $1,000. Your call, if you want another new one. You probably have roughly 15-18 months to decide before the generation ends.
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04-06-2023, 08:40 PM
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#10
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According to my local dealer, where I used to work, the next 4Runner will be a 4 cylinder turbo, beyond that nothing to report.
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04-08-2023, 06:31 PM
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#11
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Quote:
Originally Posted by barry581
According to my local dealer, where I used to work, the next 4Runner will be a 4 cylinder turbo, beyond that nothing to report.
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Thanks Barry. That is what my dealership's inventory manager told me a few months ago as well.
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04-08-2023, 06:35 PM
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#12
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Quote:
Originally Posted by thatoneguy
In my area, 4Runners have sold at or near MSRP for years. People know these are going away, and that's keeping demand high. No dealer has tons and tons of sitting stock of new 4Runners.
The cheapest new 5th gen you can get is probably now at MSRP, not a 2024 at... probably MSRP (a higher MSRP at that time in the future). I think you could expect 2024 to carry at least a $750 price increase. Maybe $1,000. Your call, if you want another new one. You probably have roughly 15-18 months to decide before the generation ends.
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Thanks for that info. I'm not in any hurry, but also don't want to fall asleep at the wheel. I'm more concerned about just plain not getting another new one than any negative cost effects. I'm in the very small minority who buys 2WD 4R's. We never have snow or ice and the closest I get to off-roading is a gravel parking lot. A few months ago, all the dealers seemed to be getting in my state were 2WD. Now, dealers for 500 miles are only getting 4WDs. I'm sure Toyota had a reason for this, but hopefully it will revert to a normal mix in the next 15 - 18 months.
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04-08-2023, 10:55 PM
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#13
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Quote:
Originally Posted by NMJack
Thanks for that info. I'm not in any hurry, but also don't want to fall asleep at the wheel. I'm more concerned about just plain not getting another new one than any negative cost effects. I'm in the very small minority who buys 2WD 4R's. We never have snow or ice and the closest I get to off-roading is a gravel parking lot. A few months ago, all the dealers seemed to be getting in my state were 2WD. Now, dealers for 500 miles are only getting 4WDs. I'm sure Toyota had a reason for this, but hopefully it will revert to a normal mix in the next 15 - 18 months.
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Good luck with your search, when you do decide to start pulling triggers.
To be honest, from a sales and business perspective, I am quite surprised Toyota still bothers to make 2WD 5th gen 4Runners at all. I think they could've simplified parts stock and production with virtually zero sales downside getting rid of it by now.
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05-04-2023, 06:34 PM
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#14
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Quote:
Originally Posted by thatoneguy
Good luck with your search, when you do decide to start pulling triggers.
To be honest, from a sales and business perspective, I am quite surprised Toyota still bothers to make 2WD 5th gen 4Runners at all. I think they could've simplified parts stock and production with virtually zero sales downside getting rid of it by now.
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Thanks. I'm surprised too. If I can't get a 2WD, I'll just pay for a 4WD. At least with Toyota, I'm not inviting extra maintenance issues that I don't need.
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05-12-2023, 08:18 AM
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#15
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So it is likely that the new Toyota 4Runner will be available soon with a redesign for the 2024 Model year. and also according to Automotive news reports, the new 2024 Toyota 4Runner will come with Redesign as a Next-generation of Toyota 4Runner in 2024.
Last edited by Robkertk; 05-13-2023 at 12:51 PM.
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