The 2024 Toyota 4Runner Has Incredible Value for Existing Owners
The 2024 Toyota 4Runner has several factors that help make it one of the best midsize SUVs. It delivers solid performance and also has a well-appointed interior. However, one of the best parts of the Toyota SUV is its resale value. Resale value matters a great deal for any vehicle, but it makes the 2024 4Runner a better investment than many of its biggest rivals. If it has any drawbacks it is that there are no upgrades from the 2023 version.
Here’s a look into the 2024 Toyota 4Runner resale and what makes this one of the best midsize SUVs.
The 2024 Toyota 4Runner resale value is great
A solid resale value is one of the best gifts buyers could get from their vehicle if they plan to sell or trade it in. This is because the vehicle will be worth a good bit in a few years, making it a worthy investment. Luckily, J.D. Power gave the 2024 Toyota 4Runner a 90 out of 100 in this area, which is considered “great.”
In fact, its resale value is its highest score from J.D. Power, which means this is one of the biggest reasons to get a new 4Runner.
A vehicle’s resale value is also important because they don’t last as long as they used to. Because of this, most buyers are looking for their next vehicle much sooner than they once did. As a result, having an SUV like the 2024 4Runner will mean that there is more interest in it from both used car buyers and dealerships you may consider trading it to. Buyers should also note that the 2023 4Runner also has a high resale value.
This is one of the best midsize SUVs for performance
There are many factors that make the 2024 Toyota 4Runner among the best midsize SUVs. One of those is performance. The Toyota SUV has a 4.0-liter V6 engine with a maximum output of 270 horsepower and a torque of 278 lb-ft.
It has rear and four-wheel drive configurations and uses a five-speed automatic transmission. The 2024 Toyota 4Runner can also tow up to 5,000 pounds, which is not bad for an SUV.
The new 4Runner is also a solid option for people who want a swift SUV that’s not too fast. According to some road tests, it takes between 7.5 and 8 seconds to accelerate from 0 to 60 miles per hour.
However, this is not the best midsize SUV for fuel economy. The new 4Runner averages only 16 miles per gallon in the city and 19 MPG on the highway. Buyers should note that the 2023 4Runner offers much of the same.
The new 2024 Toyota 4Runner is an overall ‘great’ midsize SUV
The 2024 Toyota 4Runner is also one of the best midsize SUVs because J.D. Power considers it to be “great.” Overall, it has an 83 out of 100, which should give buyers confidence in the long-running nameplate.
It also has an 86 out of 100 for quality & reliability, which means buyers can trust the vehicle in the long run. This is perhaps one reason it has such a high resale value.
The 2024 Toyota 4Runner has much to offer midsize SUV shoppers. It’s a spacious option that also delivers solid performance. It may not be the best midsize SUV for fuel economy, but it’s an overall great option. Of course, it also doesn’t hurt that the 4Runner has the boxy look many modern buyers love.