It may not be the best time to buy the Toyota Sequoia right now, but that doesn’t stop enthusiastic drivers. Even though the 2023 Toyota Sequoia is plagued by massive markups, this new SUV is coming through.
Why does the 2023 Toyota Sequoia have significant margins?
Fans have been waiting for the 2023 Toyota Sequoia to come out for years. It just received its second redesign in 2022 years. The old look and style has been around since 2005, so fans are very excited about the new face and improved capabilities.
However, edmunds included the 2023 Sequoia in the list of the top 10 vehicles with the highest margins. On average, buyers spend $2,985 more to take home a Sequoia.
It has an average manufacturer’s suggested retail price (MSRP) of $73,936, and the median transaction price is approximately $76,921.
But the entry-level MSRP starts at $58,365. People should go above the base model for more luxury and capability.
Limited inventory and high demand may contribute to higher Sequioa prices. In September, only nine new models were sold. However, the new inventory is finally hitting dealer lots. Plus, everything people loved about the previous generation is now even better.
Is the 2023 Sequoia worth the wait?
Yes, the 2023 Toyota Sequoia is worth the wait. It’s a much-improved three-row family truck with improved fuel economy and improved power. Hopefully, it will maintain its reputation as a reliable and durable SUV.
The 2023 Sequoia has an I-FORCE MAX hybrid powertrain. A 3.4-liter turbocharged V6 engine is paired with an electric motor to make 437 hp and 583 lb-ft of torque. The outgoing model has a 5.7-liter V8 engine with 381 hp and 401 lb-ft of torque.
With the old Sequoia, you can tow up to 7,400 lbs. and haul a payload of up to 1,370 lbs. The 2023 Sequoia can tow up to 9,520 lbs. and carry a payload of up to 1,730 lbs.
Plus, the older model gets an EPA-estimated 13 mpg in the city and up to 17 mpg on the highway, which is tough. But the hybrid configuration helps the 2023 Sequoia get an estimated 21 mpg city and up to 24 mpg highway, according to EPA estimates.
The Sequoia TRD Pro rides on 18-inch TRD alloy wheels wrapped in 33-inch tires, has skid plates, dual exhaust tips, an electronic locking rear differential, a TRD front sway bar, Fox overs front coilovers and rear regret reservoir shocks.
What comes standard with the 2023 Sequoia?
The 2023 Toyota Sequoia is a steal. The SR5 starts with 18-inch alloy wheels, roof rails, LED headlights/fog lights, tri-zone automatic climate control, heated front seats, a 360-degree surround-view camera, and a power moonroof. .
You also get an 8.0-inch infotainment system, wireless Apple CarPlay/Android Auto, a digital gauge cluster, keyless entry, blind-spot warning, and parking sensors.
Standard safety features include forward collision mitigation, adaptive cruise control, lane keeping assist, lane departure mitigation, automatic high beams, traffic sign recognition and rear cross traffic alert.
With the 2023 Toyota Sequoia hitting the lots, it’s hard to resist. However, you may be able to get a better deal by waiting for more inventory to arrive.