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In an inflated market, like where I live, it's worth $11K IF and only if it has rather complete service records. Of course, what it's worth and what it sells for may be two different things.
 
For that kind of money you could be into a nice 4th gen/LX470, or a nice LC 100. I'd say it's worth $9,500-$10,000 tops, even with the rare 5-speed . It does look very nice though, but that's way high, even for Denver (which is typically 10-15% higher than the midwest).
 
That Runner is from CO and they bought it at an auction. I have to question why it was auctioned. Usually in the west the dealers will keep good trade-ins to sell at retail, especially somewhere like CO where everyone is gaga over 4Runners. There is a good chance it had too many issues for them to bother with so they wholesaled it. Maybe this place put some work into it, but I personally wouldn't look very hard at this one unless they came WAY down on the price. If it was good enough to justify that price it would likely be for sale where it was traded.
 
My buddy just got his 99 auto right over 100k miles for $6 here. That's way over priced.

Second this. I just bought a T4R w/ 145k in good shape for $4800. In Michigan though, where foreign cars are worthless (seriously, I don't get it). Way better deals to be had out there
 
If that runner was for sale here in Hawaii people would be asking 12k-16k easy. It's ridiculous what the mark up is here
 

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