How much will a 2023 Sequoia cost?

With some impressive body-on-frame SUVs from its competitors, Toyota made sure the revamped 2023 Sequoia is capable of keeping up with competitors like the Chevy Tahoe and Ford Expedition. But something this big and this packed with goodies isn't exactly cheap.

Toyota on Wednesday announced pricing for the 2023 Sequoia, which reaches dealerships this summer. A base SR5 trim with rear-wheel drive will cost $59,795, including $1,495 in destination charges. That'll get you a three-row SUV with a 3.5-liter twin-turbo V6 hybrid producing 437 horsepower and 583 pound-feet of torque, although that engine is standard across every single trim. SR5-specific equipment includes fabric-trimmed seats, a basic moonroof, automatic climate control, an 8-inch touchscreen infotainment system and a whole host of safety tech.

Moving up to the slightly fancier Limited trim adds better LED headlights, a 14-inch telematics display, larger wheels and leatherette seats, with a higher starting price of $66,195. The Platinum takes that a step further with leather seats, second-row captain's chairs, heating and ventilation across both rows, ambient lighting, wireless device charging and auto-leveling headlights. That one will set you back $72,395. The range-topping Capstone with all the bells and whistles will require $76,795.

All those prices are for rear-wheel drive; if you want to upgrade to four-wheel drive, it's a $3,000 upgrade for any trim. The off-road-friendly TRD Pro variant is 4x4-only, and it rings in at $78,395.

That might seem like a ton of scratch, and it is, but in context it's about on par with the competition. The 2022 Chevy Tahoe ranges from about $54,000 to $78,000, but it skips a hybrid powertrain in favor of two V8s and a diesel I6. The 2022 Ford Expedition is about there, too, ranging from $56,000 to $81,000.

Jun 08, 2022 at 11:14am ET

The 2023 Toyota Sequoia will arrive in showrooms this summer with pricing starting at $59,795 after the $1,495 destination fee. The automaker is now announcing pricing for the trim levels: SR5, Limited, Platinum, TRD Pro, and Capstone.

Model Price (Including $1,495 Destination Fee)
SR5 4x2 $59,795
SR5 4x4 $62,795
Limited 4x2 $66,195
Limited 4x4 $69,195
Platinum 4x2 $72,395
Platinum 4x4 $75,395
TRD Pro 4x4 $78,395
Capstone 4x2 $76,795
Capstone 4x4 $79,795

The 2023 Sequoia is available in the colors White, Celestial Silver, Lunar Rock, Magnetic Gray Metallic, Blueprint, Army Green, Midnight Black Metallic, and Smoked Mesquite. In addition, the TRD Pro is exclusively available in the shade Solar Octane. Wind Chill Pearl and Supersonic Red are premium paint hues that come at an extra price, but Toyota isn't disclosing the figure at this time.

All grades of the new Sequoia come with a 3.5-liter twin-turbo hybrid V6 making 437 horsepower (326 kilowatts) and 583 pound-feet (790 Newton-meters) of torque. The only gearbox choice is a 10-speed automatic. Buyers can select rear- or four-wheel drive. The SUV can tow up to 9,520 pounds (4,318 kilograms).

The SR5 is the Sequoia's entry-level trim. It comes standard with a 12.3-inch digital instrument cluster, a moon roof, and heated seats. An optional Premium package includes a 14-inch infotainment display, power third-row seat, hands-free liftgate, and 120-volt power outlets. The available TRD Sport package includes Bilstein monotube shocks, revised springs, and aluminum pedals. It also replaces the standard 18-inch wheels with a 20-inch design in a matte black finish.

The Limited grade gets the 14-inch infotainment screen as standard. It also has heated/ventilated front seats with memory settings, a heated steering wheel, power third row, hands-free liftgate, and manual sunshades for the second and third row.

The 4x4 versions of the SR5 and Limited offer an optional TRD Off-Road package. It adds a locking rear differential, Multi-Terrain Select traction control, downhill assist control, crawl control, off-road-focused camera system, Bilstein monotube shocks, revised springs, a red front axle driveshaft, aluminum pedals, and an 18-inch wheel design that's unique to this package.

The Platinum trim level adds to the Limited by including amenities like heated and ventilated second-row captain's chairs, a 14-speaker stereo, panoramic moonroof, head-up display, Qi wireless charging, and rain-sensing wipers. This grade also has LED headlights and taillights.

The TRD Pro grade is for folks who intend to go off-road, and it only comes with four-wheel drive. This version of the Sequoia has a light bar in the center of the grille. It also has Fox internal bypass shocks, a 1/4-inch thick aluminum skid plate, a locking rear differential Multi-Terrain Select traction control, crawl control, downhill assist control, and dual exhaust tips. The vehicle rides on 18-inch wheels with an increased offset to provide a wider stance. Inside, there are second-row captain’s chairs.

Toyota News:

The Capstone is the range-topping trim level with all of the features from the Platinum and even more. It gets power running boards and rides on 22-inch wheels with a chrome finish. Inside, there is semi-aniline leather on the seats in a black-and-white color combination. American Walnut open-pore wood trim decorates the dashboard and center console. This grade is the only version of the Sequoia to have acoustic glass in the front doors to provide better sound deadening.

Source: Toyota

Chris Bruce

When can I buy the 2023 Sequoia?

The third-generation all-new 2023 Sequoia is projected to hit showrooms in the summer of 2022.

How many MPG will the 2023 Sequoia get?

The 2023 Toyota Sequoia gas mileage reaches up to 21 mpg city, 24 mpg highway, and 22 mpg combined on the 2WD configuration; the 4WD 2023 Toyota Sequoia gas mileage ratings are slightly lower at 19 mpg city, 22 mpg highway, and 20 mpg combined.

How much will the capstone Sequoia cost?

The starting price of the 2023 Sequoia ranges from $58,300 MSRP for the SR5 trim up to $75,300 MSRP for the Capstone trim. Also, the 2023 Sequoia costs more than the 2022 Sequoia, which has a starting base price of $50,500 MSRP.

Will the 2023 Sequoia have a V8?

The all-new 2023 Toyota Sequoia is powered by a 5.7-liter V8 engine. The engine is paired with an eight-speed automatic transmission. It will have a fuel economy of 16 MPG in the city and 22 MPG on the highway.