Just to revive this thread. I'm currenty in the market for 4runner, but am also considering the GC...
This is the way I see things.
Styling
The front end is a clear win for the GC. The new headlights and the angular 7 slot grille are beautiful. From the side though, the 4runner is the clear winner. The GC does look a little minivanish, and i find it somewhat bland. The 4runner has beautiful lines from the side and the bulge in the fenders looks awesome. The rear is a bit closer, but I've got to give it to the 4runner. The tail lights on the GC look really cheap, and look very 'generic' to any dodge product. I like the 4runners somewhat chunky sytling on the tailgate.
Performance
Comparable really. The Jeep has a V8 option. Not something i want, but if you are in the market for a V8 you might want to consider it. Although, from what I've read the V8 is hardly quicker and gives much less mileage.
Options/Features
GC wins for sure. Much more options and can be loaded up with a lot of features you can't get on a 4runner at all. Like the big panoramic moonroof, ventilated seats, etc
Off-road
This is where it gets interesting. Base 4x4 to base 4x4 the 4runner is more capable and has more ground clearance. The GC is only really competitive at all when you get up to the overland model with quadra drive II and the air lift suspension. But the price of an overland is significantly higher than a TE 4runner...
even still, I would be hard pressed to say that the overland is going to be 'better' off-road. A 4runner can be easily and relatively cheaply lifted and have oversized tires added, and not look ridiculous. This is going to be hard to do with the air lift GC. Not to mention that the GC wont have the articulation that the 4runner has with that air suspension and the GC looks pretty ridiculous when lifted to its full height, so living with a permanent lift or installing oversized tires really isn't an option. Which makes the 4runner a better off road option IMO.
Realiability
Is really what this all comes down too. One big factor that no one has mentioned yet is the currency exchange. It used to be a lot easier for Toyota to compete because US dollars went a long way in Japan. They could sell their models fully load and really "over build" them at a competitive price and still turn a big profit. Now with the rising Yen they've had to cut production costs. This has really 'leveled the playing field' as you hear a lot of journalists saying lately. Thing is, I look at the 4runner and its obvious where toyota has cut costs. Interior plastics, thinner panels, less equipped. When I look at the GC and all the seemingly expensive leathers and technologies and features it leaves me wondering how much quality has been built into the engine/drivetrain.
I currently own a tundra which suffers some of these same issues (cheap interior plastics, less features) but I know that toyota spent the money where it counted and still built a reliable vehicle. lots of tundra owners with over 100K and no serious issues. This gives me much more reason to think the same will be true of the new 4runners.
Given past GC problems I am skeptical that in these hard economic times and amidst ownership changes and other internal shakeups they have been able to, not only engineer a product to a level they haven't in the past, but also include a boatload of expensive features at a competitive price. I'm not saying its impossible, but not sure if I want to gamble on it...
Sure Toyota's had a growing number of issues lately, but they've also started building a growing number of vehicles in the US... From what I've read the 'made in Japan' Toyota's tend to be of much higher build quality...
Really not sure at this point. The overland GC that I would have to have is a little more pricey than the TE 4runner that I would get, but is also better equipped. Things like resale value horrify me however. And I'm still just not sure about the quality of the JEEP. Whereas toyota has decades of proven reliability, and although there has been some obvious cost cutting I have personal reason to believe that they've still maintained quality where it counts...