Toyota 4Runner Depreciation & Resale Value

The 2020 4Runner is our best all-around pick in the current dataset. Its median asking price is $34,455, about $2,941 more than the 2019, while average mileage is roughly 8,321 miles lower. It is a late, well-sorted fifth-generation truck with the proven 4.0-liter V6, and it comes before the all-new 2025 turbo-and-hybrid redesign. That does not make every 2020 better than every 2019 or 2021: drivetrain, trim, mileage, condition, and local price should decide between two specific trucks. Compare at least three configuration-matched examples and negotiate from the cleanest one, not the national median.

Start with a 2016 SR5. Its current median ask is $24,424, about $2,327 more than the 2015, and it gives you the fifth-generation 4.0-liter V6 and body-on-frame platform without near-new pricing. The tradeoff is mileage: these listings average 128,055 miles. At this age, buy the best-documented truck rather than the cheapest one. Confirm maintenance history, inspect the frame and underbody for corrosion, look for towing and off-road wear, and pay for an independent pre-purchase inspection. Keep part of the budget for age-related service instead of spending every dollar on the purchase itself.

It can be, but they answer different questions. The 2025 opens the all-new sixth generation on the TNGA-F platform, trading the 4.0-liter V6 for a turbocharged 2.4-liter i-FORCE four-cylinder and an available i-FORCE MAX hybrid with substantially more torque. A used fifth-generation truck gives you a deeply proven powertrain and a long resale track record at a lower price. If you want the newest technology, efficiency, and full warranty, the 2025 makes sense; if you want maximum certainty and value, a clean late fifth-generation truck is hard to beat. Compare out-the-door prices, warranty start dates, and your real use before deciding.

In our fitted five-year curves, the 4Runner's retention is strong relative to both Jeep peers, which is a big part of its reputation. Our data shows the 4Runner losing about 27.5 percentage points less than the Grand Cherokee over five years. The Wrangler gives up roughly 12.4 more points over the same horizon, notable because the Wrangler is itself known for defending its value. Retention still is not a reason to overpay: match configuration, mileage, and condition, then let the price you negotiate drive the decision.

29.8% of 4Runners in our listing sample already have more than 100,000 miles, and about 8.8% have crossed 150,000, with high-mileage examples asking a median around $23,595. That active high-mileage market reflects the truck's durability reputation, but it is not a guarantee that any individual example has remaining life. A high-mileage 4Runner can make sense when the service history is complete, wear items are priced into the deal, the frame and underbody are sound, and an independent inspection is clean. Ask the inspector to separate normal wear from deferred repairs and to flag hard towing or off-road use, because deferred maintenance can erase the purchase-price savings quickly.

Our mileage-adjusted fitted curve estimates that a Toyota 4Runner loses about 17.8% of its original value after five years, retaining roughly 82.2%, which is unusually strong for the segment. That is based on 2,554 listings across multiple model years, with asking prices adjusted toward an estimated sale price. It is a nameplate-level trajectory, not a quote for a specific VIN. Your purchase price, drivetrain, trim, mileage, condition, prior use, and the new-vehicle market at resale can move the result materially. For a real purchase, calculate the dollar loss from the price you negotiate on a configuration-matched truck, not from an abstract national MSRP.

Build a configuration sheet before comparing prices. Record model year, generation and powertrain, two- or four-wheel drive, trim, any TRD or off-road packages, major options, mileage, accident and owner history, tires, and any modifications. Then obtain the window sticker or build data and compare each asking price with similarly equipped trucks, not the nameplate median. Keep TRD Pro and heavily modified rigs out of the pricing pool for an ordinary SR5. Finally, inspect the frame, underbody, hitch, suspension, and tire wear, and convert immediate needs into dollars. If one truck lacks the drivetrain or capability your use requires, it is not cheaper in any meaningful sense, and missing build data is itself a sound reason to keep shopping.