5th gen 4Runner re-Sale value after the 4Runner is re-designed in a couple years?

[arouth]

Hi,

I do not buy cars and trucks for their resale value but because I like them and want to drive them for a while (figured I'd put this first before anyone said anything)

I was just wondering how the resale value of the 5th generation 4Runner will hold up after the 4Runner is re-designed which from doing research should be in 2022 and then released as a 2023 model.

One thing that comes up over and over is the resale value and I'm getting close to buying a TRD Off Road Pro 4Runner. That being said it would be a shame to have it plummet in value when the new 4Runner is released in a year and a half. That being said, this current generation 4Runner is pretty sweet and I could see myself holding onto it for a while.

Thanks

 

[rightyouareken]

Hi,

I do not buy cars and trucks for their resale value but because I like them and want to drive them for a while (figured I'd put this first before anyone said anything)

I was just wondering how the resale value of the 5th generation 4Runner will hold up after the 4Runner is re-designed which from doing research should be in 2022 and then released as a 2023 model.

One thing that comes up over and over is the resale value and I'm getting close to buying a TRD Off Road Pro 4Runner. That being said it would be a shame to have it plummet in value when the new 4Runner is released in a year and a half. That being said, this current generation 4Runner is pretty sweet and I could see myself holding onto it for a while.

Thanks

I think it's highly doubtful values will plummet after the restyle. In fact, depending on Toyota's choices in the restyle, values could even go up. For example, if Toyota increases complexity with a turbo engine or more electronic controls and such. If you look at sales volumes, up until right before COVID, Toyota had been selling as many 4Runners than they ever have in history, and that's on a 10 year old platform without a significant overhaul!

Besides, Toyotas have always held their value. I just sold my stock 2002 3rd Gen 4Runner with 176k miles for $11k a few weeks ago.

I think values on the 5th Gen are safe. I think there is every likelihood the 5th Gen will be a sought after icon for offroaders and overlanders (and familys) for years and years to come.

 

[5thToy]

It's a question that is mostly unanswerable until we see what Toyota does with the 6th Gen. If it remains BOF and hits it out of the park as an off-roader competing with the the Jeep and Bronco, that's one thing. If it gets neutered with a unibody, 4-Wheel independent suspension and an anemic power plant, that's another thing. We will just have to wait and see. Though the 5th Gen will still be a well developed, reliable platform regardless.

 

[Jetboy]

It's a question that is mostly unanswerable until we see what Toyota does with the 6th Gen. If it remains BOF and hits it out of the park as an off-roader competing with the the Jeep and Bronco, that's one thing. If it gets neutered with a unibody, 4-Wheel independent suspension and an anemic power plant, that's another thing. We will just have to wait and see. Though the 5th Gen will still be a well developed, reliable platform regardless.

I think this pretty well nails it. We just won't know until the next gen comes out. What we've seen is that inflation has gone a long way to keeping the 4R values up. I have a '15 TEP that is now an ORP with KDSS. I paid $37k OTD in 2015. I think that model now is around $41-42k most places.

If the new one is $50k - I think the old ones will hold their value really well. OTOH if the new one drops at $30k for a base model SR5 - then I'd guess my used value would drop a lot too.

Along the same lines - if the new one comes on 35's with front and rear lockers and a turbo 6 with a 10 speed transmission and a 4:1 transfer case for $45k - people like me will be lined up around the block to trade off our old ones for a new one and the values will drop faster.

It appears the wrangler is going to come with a new v8 models with 35's. If that's true - a new 4Runner on 285's is gonna seem kinda... wimpy? (Jeep claims this is a production model available early 2021). So other competitors like the bronco and newer wrangler models might also hurt resale if they're pretty great and competitively priced.

Just really hard to know much other than the fact that the 4R is really reliable, so it's value will last a long time because a used one is still has a lot of useable miles left in it.

 

[CF_Machete]

not sure how much it matters if you drive till failure. Like if you take it to 350K+ who cares.

 

[RichinRidgewood]

I think this pretty well nails it. We just won't know until the next gen comes out. What we've seen is that inflation has gone a long way to keeping the 4R values up. I have a '15 TEP that is now an ORP with KDSS. I paid $37k OTD in 2015. I think that model now is around $41-42k most places.

If the new one is $50k - I think the old ones will hold their value really well. OTOH if the new one drops at $30k for a base model SR5 - then I'd guess my used value would drop a lot too.

Along the same lines - if the new one comes on 35's with front and rear lockers and a turbo 6 with a 10 speed transmission and a 4:1 transfer case for $45k - people like me will be lined up around the block to trade off our old ones for a new one and the values will drop faster.

It appears the wrangler is going to come with a new v8 models with 35's. If that's true - a new 4Runner on 285's is gonna seem kinda... wimpy? (Jeep claims this is a production model available early 2021). So other competitors like the bronco and newer wrangler models might also hurt resale if they're pretty great and competitively priced.

Just really hard to know much other than the fact that the 4R is really reliable, so it's value will last a long time because a used one is still has a lot of useable miles left in it.

Jeep

yawn

 

[Jetboy]

Jeep

yawn

At least someone is doing interesting things.

A 470hp v8. Functional hood scoop for deep water fording. Dual lockers. 35's. 8 speed. 4:1 transfer case. I sure hope this is a roadmap for a future model from Toyota.

 

[RichinRidgewood]

At least someone is doing interesting things.

A 470hp v8. Functional hood scoop for deep water fording. Dual lockers. 35's. 8 speed. 4:1 transfer case. I sure hope this is a roadmap for a future model from Toyota.

In order for me to buy a Jeep, especially a $50,000 Jeep, it would have to come with a teletransporter that delivered two 20 year old chubby Latina maids in skimpy bikinis who would clean our home once a week on Friday afternoons.
The teletransporter would also send a fifth of Jack AND a case of cold Eisbock from Kulmbacher Brauerei AG that arrived the same time the maids did. The maids would teletransport back to wherever chubby Lantina maids come from when the house was clean.

This would continue as long as I owned the Jeep POS. Oh and someone would have to come and get the pile of garbage when it crapped out and fix it for free the same day.

 

[Jetboy]

If Toyota manufactured a 4 door wrangler to Toyota quality standards - I'd buy it. Why not build a new FJ40 that is what the new Bronco is to the old Bronco. No FJ Cruiser nonsense. Build the real thing.

Or really even just a modern engine and transmission in the 4Runner that can maintain highway speeds comfortably. Do I need a 4.5 second 0-60? no. Do I want to cruise comfortably at 80mph in the mountains? yep. Do I want to get mileage as good as a 400hp suburban? well.. yeah. Would it be a hardship for Toyota to put it's modern-ish stuff in a 4Runner and a Tacoma? I really don't think any of this is an unusual ask by customers.

Maybe we should start simple- can we at least get something other than highway touring tires on a BOF dirt oriented SUV?

 

[tls3601]

All very good points. Now that Jeep has seen that the Gladiator is a poor seller it seems like it will try again by shoving a Hemi into the Rubicon. To me the premise is ALL wrong. The Rubicon excels in the nasty rocky stuff where that much power means nothing. It is damn near a purpose built rock crawler and that is why people buy them not to go as fast as a side by side. IFS for high speed desert, solid front axle for everything else! Being purpose built is what makes the Rubicon attractive, not trying to be something it isn’t.

 

[tls3601]

If Toyota manufactured a 4 door wrangler to Toyota quality standards - I'd buy it. Why not build a new FJ40 that is what the new Bronco is to the old Bronco. No FJ Cruiser nonsense. Build the real thing.

Or really even just a modern engine and transmission in the 4Runner that can maintain highway speeds comfortably. Do I need a 4.5 second 0-60? no. Do I want to cruise comfortably at 80mph in the mountains? yep. Do I want to get mileage as good as a 400hp suburban? well.. yeah. Would it be a hardship for Toyota to put it's modern-ish stuff in a 4Runner and a Tacoma? I really don't think any of this is an unusual ask by customers.

Maybe we should start simple- can we at least get something other than highway touring tires on a BOF dirt oriented SUV?

As a fellow FJ40(actually X2 now)owner I totally agree. Toyota needs to get with it but retain their famous build quality. I am sure they will be hearing the sucking sound on 4Runner sales soon.

 

[Jetboy]

The hemi in the wrangler would - for me - be all about comfortable highway cruising. It will comfortably roll down the highway pushing 37's without breaking a sweat. It should be about the same off-road as the other models. But you can run a lot more tire and still have a decent highway experience because you're not having to have a v6 spinning at 4,000 rpms all the way to your destination.

My cousin has a 5.7 Hemi JKU with ZF 8AT/ Dana 60's on 35's. He's a skilled fabricator and has access to a machine shop at a well known manufacturer of heavy equipment, so the build quality is top notch. Night and day difference over the v6 in highway comfort. It's like going from a 4Runner to a Land Cruiser. The engine with a big power reserve makes the highway experience so much better.

 

[Hacker]

If this were a true theory, then nicely cared for 3rd gens and 4th gens wouldn't hold the comparatively high value against competitors that they still do.

 

[LandCruiser]

After being told that the bathtub body on frame removable top, 4x4 is dead and a dinosaur, you have Jeep giving it in a shot in the arm in the form of a huge V8 Wrangler and Ford planning a massive product launch of a two door and four-door variant with a factory lift, big tire/wheel package as well as the necessary gearing, crawl ratios, and everything else you need...

Meanwhile, Toyota stopped production of the FJ cruiser, which is selling for ridiculous prices on the used market and refuse to develop a replacement because they claim there’s “no interest” in such a vehicle.

 

[DallasTRDPro]

I think this pretty well nails it. We just won't know until the next gen comes out. What we've seen is that inflation has gone a long way to keeping the 4R values up. I have a '15 TEP that is now an ORP with KDSS. I paid $37k OTD in 2015. I think that model now is around $41-42k most places.

If the new one is $50k - I think the old ones will hold their value really well. OTOH if the new one drops at $30k for a base model SR5 - then I'd guess my used value would drop a lot too.

Along the same lines - if the new one comes on 35's with front and rear lockers and a turbo 6 with a 10 speed transmission and a 4:1 transfer case for $45k - people like me will be lined up around the block to trade off our old ones for a new one and the values will drop faster.

It appears the wrangler is going to come with a new v8 models with 35's. If that's true - a new 4Runner on 285's is gonna seem kinda... wimpy? (Jeep claims this is a production model available early 2021). So other competitors like the bronco and newer wrangler models might also hurt resale if they're pretty great and competitively priced.

Just really hard to know much other than the fact that the 4R is really reliable, so it's value will last a long time because a used one is still has a lot of useable miles left in it.

Yeah, but it will be a Fiat for $80K.

 

[LandCruiser]

Yeah, but it will be a Fiat for $80K.

Cars are like wives. The expensive ones aren’t always dependable but they are fun.

 

[doubleA]

I just got into a 21' 4runner, TRD ORP, having previously owned a 2000, then 2008 V8, and now a 5th gen, I have found the T4R community is dedicated to the yota product.

With T4R at the top of reliability rankings, popular as f*ck, and with currently high resale values, I think you are good to go. I see gas prices affecting your resale more than a 6th gen or any other manufacturer coming up with a competitive product, there is NO competition for the 4runner PERIOD.

In my area, a 5-year-old 5th gens with ~40K miles sell for the mid 30's, just insanity. I know I could have sold my V8 for more money privately but the trade-in I was offered, and the sales sticker the dealer put on the V8 was ridiculous. So with that said, regional differences obviously exist as well.

 

[DallasTRDPro]

Cars are like wives. The expensive ones aren’t always dependable but they are fun.

Rather have an $80K Fiat.

 

[Snowtrooper]

Maybe lose some resale value for novelty buyers who only keep their cars for 2-3 years.

If the Tacoma is any indicator of Toyota’s tendencies, I am not too worried about the next generation 4Runner.

Also, the 5th gen has been on the market for so long; the global spare parts bin and aftermarket support is going to keep them appealing. At least, this is why I went with such a ubiquitous platform. Novelty wears off quick, especially for unproven depreciating assets.

 

[Y2Ksport]

Doubtful values will drop much. Look at the 2nd gen tacos vs. 3rd gens. Newer everything doesn't necessarily translate into better everything. Plus the 5th gens have a strong following and I doubt that would drop off significantly.

I also don't like the trend of new vehicle pricing. You can bet we'll see a nice price jump with an all-new 6th gen. Toyota bumped up pricing on the 2020's and 2021's by $3k over the 2019's on an old platform with only a few safety and infotainment upgrades. Who know's what an all-new platform, exterior/interior, drivertrain, etc... may bring. A gently used 5th gen ORP for $30'sk may be a bargain for most compared to a $48k+ 6th gen ORP. Plus with its built in aftermarket support, I bet the 5th gen will continue to be the Toyota SUV of choice for most offroaders and overlanders for awhile.