Why Is the Toyota Sequoia So Expensive?

By the CarWhere Research Team · Updated November 14, 2026 · Built from our resale value study, MSRP history, used listing prices, reliability and longevity data

Why is the Sequoia so expensive?

The Sequoia is expensive mostly because it holds its value: CarWhere data shows a 3-year-old (2023) Sequoia lists for 69.3% of today's median new price vs 55.3% for full-size SUVs.

Updated November 2026 · Sources: Depreciation study · Sequoia price & deals

Value kept at 3 yrs

69.3%

vs 55.3% for full-size SUVs

Base price change

+19.9%

2023 → 2027

Cheapest year (median)

$33,487

2018 model year

Resale: the Sequoia vs other full-size SUVs

A 3-year-old (2023) Sequoia lists for a median $60,501 at 48,344 miles, 69.3% of the $87,274 median price of a new one today. The average across 6 other full-size SUVs is 55.3%, which puts the Sequoia 1 of 7.

A 5-year-old (2021) Sequoia lists for a median $47,990 at 76,190 miles, 55.0% of the $87,274 median price of a new one today. The average across 6 other full-size SUVs is 40.8%, which puts the Sequoia 1 of 7.

High resale cuts both ways: owners lose less when they sell, but used shoppers pay more, which keeps new prices firm. Full year-by-year curve: Sequoia depreciation by model year.

#	Model	5-year value retained
1	Toyota Sequoia	55.0%
2	Chevrolet Tahoe	48.1%
3	GMC Yukon	42.8%
4	Chevrolet Suburban	42.6%
5	GMC Yukon XL	40.7%
6	Ford Expedition	38.0%
7	Nissan Armada	32.8%

Retained = median asking price of a 5-year-old example ÷ median price of the same model new today. CarWhere listings study, October 25, 2026.

How the Sequoia's price climbed

The cheapest Sequoia went from $58,300 (2023 SR5) to $69,900 (2027 SR5), up 19.9% in starting MSRP, before adjusting for inflation.

Trim mix matters as much as the base price: the newest full lineup in our data spans $18,000 from cheapest to priciest trim (+25.8%).

Model year	Cheapest trim	MSRP	Priciest trim	MSRP
2027	SR5	$69,900	Capstone	$87,900
2023	SR5	$58,300	—	—

Automaker starting MSRPs by model year as compiled in CarWhere’s trim-level and price datasets. Starting MSRPs as published for each year; years we haven't priced are left out. Destination charges are excluded where the automaker lists them separately.

The used-price floor

The floor is high: the cheapest model year by median price is the 2018 at $33,487 with 122,524 miles. Figures are from CarWhere's October 2026 listings study; the Sequoia isn't in our latest used-price snapshot.

Model year	Listings	Median price	Median miles	% of new today
2025	499	$70,896	21,667	81.2%
2024	698	$64,790	35,786	74.2%
2023	432	$60,501	48,344	69.3%
2021	71	$47,990	76,190	55.0%
2020	82	$42,936	98,819	49.2%
2019	143	$38,345	102,005	43.9%
2018	151	$33,487	122,524	38.4%

Median asking prices of used and certified listings at US dealers, October 2026. % of new today is from the October 25, 2026 depreciation study. Years with fewer than 50 listings are left out.

Reliability and how long it lasts

Of 1,249 listed Sequoias from 2016 or earlier, 43.8% had passed 200,000 miles, vs 9.1% across all models in CarWhere's lifespan study. Long-lived cars stay in demand, which props up used prices.
Years to avoid: 2001, 2002, 2003, 2004, 2005, 2006, 2007.
NHTSA lists 30 recall campaigns across Sequoia model years in our recall dataset.

Sequoia years to avoid · best Sequoia years · how long the Sequoia lasts

How to pay less for a Sequoia

Start at the SR5 ($69,900 for 2027) and add only what you need. The Capstone costs $18,000 more.
The cheapest model year on the used market right now is 2018, at a median $33,487 with 122,524 miles.

See what other buyers paid, deal by deal, at What People Paid, and check Sequoia years to avoid and the best Sequoia years before you shop used.

How we got these numbers

Resale. Median asking price of each model year in US dealer listings (licensed vehicle-data providers) divided by the median price of the same model new today; CarWhere depreciation study dated October 25, 2026. Segment averages exclude the Sequoia itself and only include models with 50+ listings at that age.
Price history. Automaker starting MSRPs by model year as compiled in CarWhere’s trim-level and price datasets.
Used prices. Active used and certified listings at US dealers, stats only (no listing rows stored), October 25, 2026.
Reliability. CarWhere's analysis of NHTSA owner complaints and recall campaigns, plus odometer readings from the lifespan study.
Nothing here is projected or estimated: each figure is a median or count from the data above, dated where it appears.

FAQ

Why is the Sequoia so expensive?

The Sequoia is expensive mostly because it holds its value: CarWhere data shows a 3-year-old (2023) Sequoia lists for 69.3% of today's median new price vs 55.3% for full-size SUVs.

Does the Sequoia hold its value?

In CarWhere's October 2026 listings study, a 5-year-old (2021) Sequoia lists for a median $47,990 at 76,190 miles, 55.0% of the $87,274 median new price today. The average for full-size SUVs is 40.8%; the Sequoia ranks 1 of 7.

How much has the Sequoia gone up in price?

The cheapest Sequoia went from $58,300 (2023 SR5) to $69,900 (2027 SR5), a change of +19.9% in starting MSRP before inflation.

What's the cheapest used Sequoia I can find?

In CarWhere's October 2026 data, the lowest model-year median is the 2018 Sequoia at $33,487 (122,524 miles).

How long does the Sequoia last?

Of 1,249 listed Sequoias from 2016 or earlier, 43.8% had passed 200,000 miles, vs 9.1% across all models in CarWhere's lifespan study.

Cite or embed this number

“The Sequoia is expensive mostly because it holds its value: CarWhere data shows a 3-year-old (2023) Sequoia lists for 69.3% of today's median new price vs 55.3% for full-size SUVs.”

Source: CarWhere Research, “Why Is the Toyota Sequoia So Expensive?,” www.carwhere.com/research/why-so-expensive/toyota/sequoia. Journalists: free to quote with a link. Data downloads, methodology and the media kit are on the CarWhere press page.

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