Disclaimer.. I did not make that price lol..
I saw it come in on trade and was like wow thats a low mileage v8 limited runner in great shape.. Ill post it up on the forum when its up for sale..
However it is actually good news for current 4th gen owners and heres how it was explained to me:
The used car prices are determined by the avg selling price of other dealers with the same vehicle, equipment mileage and condition (in this case, v8 4runner with 71k) within a 200+ mile radius. the look at list of other selling prices and try to fit this specific vehicle in those prices to be competitive. Believe it or not.. between rarity, condition, being a limited package, low mileage, and a v8 engine.. 20 grand is a competitive number!
The good news? current 4th gen owners with trucks in great condition are actually increasing in value and if you were to trade it in, you would use that fact or this truck as an example to help you.
Bad news? If your in the market for one from dealers and soon private partys, you should expect to pay more.