Does Toyota 4Runner Hold Its Value

The Toyota 4Runner performs admirably at maintaining its value over time, placing in our Top 10 for both the 5-year and 7-year rankings. Since it first entered production in 1984, the 4Runner has acquired a devoted following. It might be your next SUV for the next ten years if you can find one that is in good condition and doesn’t have many kilometers on it. However, owners often use this vehicle for off-roading, so make sure it hasn’t spent a lot of time on the beach or in the woods.

The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. It also counts on a $55,260 initial selling price. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota 4Runner’s projected resale value using our depreciation calculator.

Share

Is buying a Toyota 4Runner a wise decision?

The SUV Toyota 4Runner from 2021 has a vintage, traditional appearance. Despite the fact that Toyota refers to this vehicle as a full-size SUV, it has more mid-sized characteristics. The 4Runner’s basic seating capacity is five, but a tiny third row can be added to make room for seven passengers. Whatever size you prefer to refer to it as, there is more than enough room for both passengers and freight.

The 4Runner’s propensity to travel anyplace is one of its trademarks. This tough SUV is constructed from a truck chassis. It has outstanding off-road capability. As Toyota is known for in general, previous generations have shown to be durable and dependable. There are many excellent reasons to own a Toyota 4Runner, but there are also some drawbacks to be aware of.

All models and trim levels will now come standard with LED headlights for 2021. This year’s TRD Pro model receives an improved suspension setup. Additionally, this model will have new wheels and a paint job named Lunar Rock. Minor visual alterations will be made to the Trail Edition, mostly to the outside.

Top 10 Reasons to Buy a 2021 Toyota 4RunnerThe Pros

The Outstanding Performance

Every 2021 Toyota 4Runner model has a 4.0-liter V6 engine as standard equipment. This engine has twin overhead cams, variable valve timing, and 24 valves. It has a 270 horsepower and 275 pound-foot maximum torque capacity. With so much torque and power, the performance is fantastic. The 4Runner has ample of power and decent acceleration to pull a trailer or carry a load of people and freight.

2. Credibility Off-Road That’s Serious

One of the finest reasons to own a 4Runner is its performance off-road. Every trim level comes in a 4X4 configuration. The 4Runner boasts an excellent suspension system and a sturdy structure. The car has a high seating position for good ground clearance. For the purpose of sending power to the back wheels, you have a locking rear differential. You can navigate through difficult terrain with the aid of traction control and the Crawl Control system.

3. A Sizeable and Flexible Cargo Area

Any SUV might be a superb alternative to a regular coupe or sedan because of its additional load space. There is plenty of room in the Toyota 4Runner. You can obtain between 46.3 and 47.2 cubic feet of storage space in a base model with all of the seats occupied, depending on the trim. By folding the second row of seats, this can grow to 89.7 cubic feet. To make loading and unloading simpler, certain models additionally incorporate a retractable cargo deck.

4. There Is Ample Space for Your Passengers

Including the driver, a basic Toyota 4Runner has room for up to five passengers. A third row of seats is an intriguing option that Toyota offers customers. Although the third row will be modest, it can still increase the number of passengers to seven. For a car this size, this is a somewhat unusual option.

5. Dependable Towing Power

The large V6 engine’s abundance of power and torque enables towing. The 2021 Toyota 4Runner can tow up to 5,000 pounds when properly equipped. That’s a remarkable amount for a vehicle of this type, and it’s more than enough to tow a sizable trailer or a small boat.

6. Numerous Options and Trim Levels

Here, Toyota offers buyers a wide range of possibilities. There are a total of nine different trim levels and 14 different variants available for the 2021 Toyota 4Runner. To personalize the 4Runner to your tastes, there are numerous inside and exterior color options. Even a special Nightshade Edition is available for people who value a slick, edgy look.

There are trim levels like the SR5 Premium or the Limited if you’re looking for something for daily commuting and carrying around the family. These are well-equipped with both safety and comfort features. The heated, 8-way power adjustable front seats and the SofTex upholstery are two excellent examples. Toyota provides vehicles like the TRD Off-Road and the TRD Pro for some off-road excitement.

7. The Retro Exterior Design

The style of the SUV has evolved more toward that of a car as SUVs get smaller yearly and crossover vehicles become more popular. They resemble a coupe more than an SUV did in the past because of their tendency to be rounder and have curved tops. Toyota proudly modeled the 4Runner after the old-school, tough SUVs.

The 2021 Toyota 4Runner is a square, boxy vehicle that could also be used for military purposes. It has a tough, natural appearance that will appeal to lovers of classic SUVs. Fortunately, it matches its looks with the off-road ability.

8. A Reliable Informational System

The 4Runner is loaded with contemporary technology inside, despite its exterior appearance of an outdated classic. An HD 8-inch touchscreen and an AM/FM stereo with HD radio capability are standard with the infotainment system. Eight high-quality speakers are provided to fill the entire car with sound. Streaming music is simple with Bluetooth technology.

Your smartphones and other mobile devices can be charged or connected via USB connections in addition to Bluetooth. You can use voice recognition technology to operate the system or place hands-free calls while driving. Even a built-in navigation system is available to guide you to your next location.

Apple CarPlay, Android Auto, and Amazon Alexa are all compatible with the system. Toyota offers a free WiFi Connect Services trial, and customers can choose to upgrade to a JBL premium audio system. The JBL system includes an amplifier, a subwoofer, and a total of 15 speakers.

9. Anticipated Dependability and Resale Value

All Toyota cars have a solid track record of dependability. Consequently, they also maintain their worth well. Among the various cars on the market today, Toyota’s typical resale prices are among the highest. The 2020 4Runner has received a reliability score from J.D. Power and Associates, which is fairly similar, despite the fact that there is not yet much data for such a newer model. It earned an outstanding 82 out of 100 points.

10. Numerous Contemporary Safety Features

One of the most crucial factors to take into account before buying a new car is safety. Thankfully, the Toyota 4Runner from 2021 comes with a ton of standard safety equipment. A Pre-Collision System with Pedestrian Detection and a Lane Departure Alert are included in the Toyota Safety Sense package. An Advanced Airbag System with a total of eight airbags is standard on every model.

Driving is much safer in a variety of circumstances because to anti-lock brakes, traction control, and stability control. To help you stop safely and on time, you also get Electronic Brake-force Distribution and Brake Assist. To further aid in preventing theft, Toyota even comes standard with a vehicle alarm and an engine immobilizer.

buying advice

Compare prices online before buying a new car to avoid paying too much. Find out the price in advance before entering a dealership. The following free services are suggested by us: Car Clearance Deals, NADAguides, CarsDirect, and Motortrend.

These free sites will provide you the best deals and provide you with numerous price quotations from rival businesses. Before visiting the dealer, you will be aware of the best pricing.

Reasons Not to Buy a 2021 Toyota 4RunnerThe Cons

1. Low Fuel Efficiency

Any SUV rarely offers outstanding fuel economy, but the Toyota 4Runner does particularly poorly in this area. Its combined fuel efficiency is only 17 miles per gallon. On the interstate, you might get up to 19 miles per gallon at best. Even for cars of this class, this is below average.

2. Unacceptable Ride Quality

Based on a truck basis, the 2021 Toyota 4Runner drives and feels like a truck. The ride might be rough, uncomfortable, or downright unpleasant. In their SUVs, a lot of automakers have made significant improvements. Unfortunately, this isn’t the case with Toyota’s 4Runner.

3. Uncomfortable Entry and Exit

The Toyota 4Runner from 2021 is elevated. With larger SUVs designed with off-road capabilities in mind, this is to be anticipated. The 4Runner’s off-road skills are aided by its considerable ground clearance. Unfortunately, this can make getting in and out of the car a little difficult.

How It Stacks Up to the Competition:

2021 Honda Passport vs. 2021 Toyota 4Runner:

In 2021, the Honda Passport will be one of the Toyota 4Runner’s main rivals. Both cars have a maximum seating capacity of five passengers, however only the Toyota has the option of a third row that can seat seven. Both cars use a V6 engine as standard equipment. When compared to the Toyota 4Runner, the Honda Passport boasts a little more power. The 4Runner has 270 horsepower whereas the Passport has 280.

There is a tiny bit more cargo room with the Honda Passport. The majority of customers won’t give any thought to the Honda-winning categories, which are nonetheless quite competitive. The Toyota performs best off-road, which is where it really excels. Once you take the Passport and 4Runner off of paved roads, they are just no match for each other. Although comfort and convenience levels are comparable between the two, the Toyota comes out on top overall.

Toyota 4Runner vs. Jeep Wrangler in 2021:

The Jeep Wrangler triumphs in this category even though the Toyota 4Runner outperforms the Honda Passport in terms of off-road capability. Off-road characteristics were a major consideration in the design of the Jeep. This is actually one of the main characteristics of the Jeep Wrangler. The Toyota balances practicality, off-road enjoyment, and daily driving amenities better.

Although the Toyota 4Runner is superior in almost all other utility-related areas, the Jeep Wrangler excels at rock crawling. The Wrangler can draw about 3,500 pounds while the 4Runner can tow up to 5,000 pounds. Unlike the back of a Wrangler, which has limited storage space, the 4Runner has enormous quantities of cargo area. One of the best cars for off-road enjoyment is the Wrangler, but the 4Runner is much more adaptable.

Anyone seeking for a new SUV should consider the 2021 Toyota 4Runner. It is a dependable and useful vehicle. There are several convenience, comfort, and safety amenities on board. Additionally, it is adaptable and can even be enjoyable to own. The 4Runner can be utilized for off-road excursions or to tow a bulky trailer. It perfectly balances enjoyment, usefulness, and practicality.

Why does the value of 4Runner persist?

The 4Runner is a great car to invest in because it has the right off-roading equipment and is reliable from Toyota.

When it comes to automotive durability, Toyota is a well-known brand, and this is particularly true for its 4Runner range. The Toyota brand is renowned for both its dependability and durability. It follows that even after 3-5 years, their cars typically have respectable resale values. The Toyota 4Runner is particularly resistant to depreciation since even after a few years, it still has a high selling price.

With almost five generations under its belt, beginning in 1984, the Toyota 4Runner has undoubtedly gone a long way.

Before having a 4-liter V6 engine/4.7-liter V8 engine coupled with shock absorbers, upgraded underbody elements, and a five-speed automatic transmission, the vehicle line was initially a modified Hilux pickup. Off-road enthusiasts could also use part-time 4WD band triggers. With the addition of a fog light, roof rails, cloth seats, and an Entune Audio Plus system to an already outstanding list, the 2019 model becomes available.

In order to determine how reliable the 4Runner is, Motor Biscuit surveyed 65 users. The results of the study revealed that the 4Runner has a dependability rating of up to 4 out of 5. Keep reading to learn why.

What is the 4Runner’s depreciation rate?

iSeeCars did a study looking at more than 8.2 million car sales to determine which models saw the lowest and biggest value loss after five years.

The most valuable vehicles are trucks, SUVs based on trucks, and sports cars. Luxury sedans lose the most value.

According to a news release from Brauer, “Choosing a model that retains the greatest value is a wise economic option for consumers who buy new vehicles and plan to sell them in the first five years of ownership, especially when you consider depreciation is the single large ‘cost’ to owning a vehicle.

The Jeep Wrangler Unlimited with four doors has the lowest five-year depreciation.

The car with the highest average five-year depreciation was the BMW 7 Series, at 72.6 percent.

The study’s major takeaway from iSeeCars is that automotive depreciation matters. According to the business, knowing how much a car has depreciated is crucial to making an educated decision when buying a new or used car.

Jeep Wranglers: Well-known for value retention

iSeeCars began its research by recording which vehicles depreciate the least in order to keep customers updated. The Toyota Tacoma came in at No. 2 with an average five-year depreciation of 32.4 percent, after the Wrangler Unlimited in first place with an average five-year depreciation of 30.9 percent. The Toyota Tundra, Porsche 911, and Jeep Wrangler all placed in the top three.

With the Tundra at No. 5 and the 4Runner at No. 6, Toyota was the top-ranked automaker with three cars in the top 10.

After five years, the Jeep Wrangler Unlimited loses, on average, just $12,168. $10,824 is lost by the Jeep Wrangler.

According to Brauer, Jeep Wranglers are renowned for holding their value due of their continuing popularity as well as their durability and performance on all terrains.

“Even older models of the Jeep Wrangler nevertheless look modern because of the classic design that has been preserved, according to Brauer.

The list included four pickup trucks, including the second-placed Toyota Tacoma, the fifth-placed Toyota Tundra, the ninth-placed GMC Canyon, and the tenth-placed Nissan Frontier.

Toyota vehicles, according to Brauer, have a solid reputation for dependability and quality. Customers looking for a solid family car and a tough transporter enjoy the Tacoma and Tundra, he claimed.

“According to Brauer, the Nissan Frontier, which has not undergone a redesign since 2004, holds its value because it is one of the most affordable pickup trucks. The GMC Canyon, which has undergone a redesign, retains its value because of the increased demand brought on by its production pause for the 2013 and 2014 model years, making the all-new 2015 model a desirable used truck.

There are three sports car models on the list. The Dodge Challenger was ranked No. 8, the Subaru WRX was ranked No. 7, and the Porsche 911 was ranked No. 4.

Since there aren’t many 911s available on the secondhand car market, buyers are prepared to pay more for them, according to Brauer.

The Dodge Challenger has a competitive starting price for the market and is in high demand because of its vintage appeal, iconic style, and potent performance, but the Subaru WRX is also made in limited quantities.

The Toyota 4Runner midsize SUV, which is ranked sixth, loses 38.5 percent of its value after five years, according to iSeeCars.

As a truck-based SUV, the Toyota 4Runner possesses Toyota’s reputation for dependability and indestructibility, according to Brauer.

Along with enjoying consistent popularity since its release more than 35 years ago, this item has a high value retention.

These vehicles depreciate the most

According to iSeeCars, which listed the automobiles that depreciate the most after five years, the highest-depreciating autos lose between 35.4 percent and 47.9 percent more of their initial value than the typical vehicle.

Eight out of the ten vehicles on the list are luxury sedans, with the BMW 7 Series superluxury sedan having the biggest five-year depreciation, according to iSeeCars.

After five years, the value of that car has decreased by 72.6 percent, or $73,686.

According to Brauer, pricey features and technologies that aren’t valued by used-car buyers cause expensive premium automobiles like the BMW 7 Series to depreciate sharply.

On the list of cars with the most depreciation, the BMW 5 Series came in second. The Audi A6 ranks fourth, followed by the Maserati Ghibli at number five, the Mercedes-Benz E-Class at number six, the Volvo S60 at number seven, the Mercedes-Benz S-Class at number eight, and the Lincoln MKZ at number nine.

According to Brauer, because they are frequently leased, premium cars lose more value over time.

This decreases demand for the older models and results in an excess of three-year-old off-lease versions of such cars, according to Brauer.

Additionally, sedans are becoming less popular, so their price needs to drop dramatically to make them appealing in the aftermarket and offset their expensive operating expenses and antiquated technology, according to Brauer.

Brauer claimed that government subsidies are to blame for the Nissan LEAF’s fast depreciation, which came in second. According to Brauer, the vehicle’s lower effective post-incentive sticker price determines its resale value.

According to Brauer, “Electric vehicles like the Nissan LEAF also quickly become obsolete due to the quick improvements in range and battery life.

The third BMW to appear on the list, the tenth-ranked BMW X3 SUV, has a steep depreciation rate, according to Brauer, which he attributes to the high maintenance and ownership costs of BMW vehicles.

Additional depreciation tidbits

The Mitsubishi Mirage depreciates the most quickly among cars under $25,000, while the Honda Fit depreciates the least. The report also shows the automobiles with the lowest and biggest depreciation between $35,000 and $50,000. The Volvo S60 has the greatest 5-year average depreciation of any vehicle under $50,000, at 67.8 percent.

The Tesla Model S has the lowest average five-year depreciation for hybrid and electric vehicles, at 48.6%, whereas the BMW X3 has the highest segment-wide depreciation rate for SUVs.

The study’s other key takeaway is that buyers of vehicles should consider their long-term requirements.

“A car that retains the majority of its worth will give you more cash for your future automobile purchase if you intend to trade it in or sell it after a few years, according to Brauer. ” On the other hand, if you’re looking to buy a used automobile, selecting a vehicle that has already suffered from depreciation can save you a lot of money.