Is the $39,998 price on this 2023 Toyota 4Runner a good deal?

OAV rates this as Overpriced because the asking price of $39,998 is above the typical market range for this vehicle.

What is the average price for a 2023 Toyota 4Runner in NC?

Based on 4,559 comparable listings in NC, the average asking price for a 2021-2025 Toyota 4Runner is $45,180, with prices ranging from $25,499 to $68,887.

How long does a 2023 Toyota 4Runner typically stay on dealer lots?

Comparable Toyota 4Runner listings in NC spend an average of 29 days on dealer lots.

Where is this 2023 Toyota 4Runner located?

This vehicle is listed in Raleigh, NC 27612. VIN: JTEEU5JR0P5296733. Mileage: 19,824 miles.

What is the fair market price range for this 2023 Toyota 4Runner?

OAV's Price-to-Market analysis estimates the fair market range is $36,272 to $39,987, based on 31 comparable vehicles.

2023 Toyota 4Runner SR5 for Sale in Raleigh, NC

No Photo Available

Vehicle Details

VINJTEEU5JR0P5296733

TrimSR5

Exterior ColorBlack

DrivetrainRWD

Engine4.0L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot80

SR5

Overpriced

$39,99819,824 mi

Raleigh, NC 27612

Is this 2023 Toyota 4Runner SR5 a good deal?

OAV verdict: Overpriced

Why: Listed at $39,998, comparable market range $36,272–$39,987, based on 31 comparable listings. Days on lot: 80 days (market average 29 days).

Market price position

$39,998 · $11 above market high

Regional range: $36,272 – $39,987
vs. market high: + $11 (0% above)
Comparable vehicles: 31

Market Retail Price (MRP™)

$38,130

This vehicle $39,998 · $1,868 (5%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$39,341

This vehicle $39,998 · $657 (2%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-29) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–42 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$36,272 – $39,987

Carmax Raleigh

Raleigh, NC

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

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Request availability and out-the-door price

OAV will route your inquiry to Carmax Raleigh for current availability of this 2023 Toyota 4Runner SR5 and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2023 Toyota 4Runner

Listing updated: Jul 28, 2026

Listed by an independent dealer in Raleigh, NC · On lot for 80 days · VIN verifiable at NHTSA

This used 2023 Toyota 4Runner SR5 is listed at $39,998 by carmax raleigh in Raleigh, NC 27612. It has 19,824 miles on the odometer. The exterior color is Black. It features a RWD drivetrain with a 4.0L V6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 31 similar vehicles in the Raleigh market, the estimated market range is $36,272 to $39,987.

This vehicle has been on the lot for 80 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Raleigh, NC suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 Toyota 4Runner against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN JTEEU5JR0P5296733 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Toyota 4Runner Market in NC

Comparable Vehicles

4,559

Average Price

$45,180

Price Range

$25,499–$68,887

Avg Days on Lot

Based on 4,559 comparable 2021-2025 Toyota 4Runner listings in NC, the average asking price is $45,180. This listing at $39,998 is $5,182 below average (11% below market). Comparable prices in NC range from $25,499 to $68,887. Similar vehicles spend an average of 29 days on dealer lots in this market.