The second-generation Sequoia (XK60) debuted for 2008 on a new platform shared with the Tundra pickup. It was a substantial vehicle, powered initially by a 4.7L V8 and, more commonly, the potent 355 hp 5.7L 3UR-FE V8. With its body-on-frame construction and fully independent suspension, the Sequoia offered a unique combination of truck-like toughness and a comfortable ride, remaining in production with only minor updates for an impressive 15 years.
Enthusiasts and families seek out the second-gen Sequoia for its legendary reliability and capability. It's one of the last large, naturally aspirated V8 SUVs, making it a desirable choice for towing, overlanding, or simply as a durable family hauler that can accumulate high mileage with proper care. Desirability increases with special trims like the Platinum, with its luxury features, and the later TRD Sport and TRD Pro models, which added off-road prowess and more aggressive styling.
With 30 sales tracked, the market shows an average price of $23,171, but the spread is wide. Early models with high mileage represent a significant value, while late-model, low-mileage TRD Pro and Platinum examples sell for premium prices. The market doesn't treat these as pure collectibles yet; instead, value is directly tied to condition, service history, mileage, and trim level.
Buying Tips
- For 2008-2009 models with the 4.7L V8, verify the timing belt has been replaced at its 90,000-mile interval. The 5.7L V8 uses a more durable timing chain.
- Inspect the frame thoroughly for rust, especially in the areas around the spare tire, rear suspension components, and by the catalytic converters.
- On 5.7L models, be aware of potential secondary air injection pump failures. This issue can trigger a 'limp mode' and is an expensive repair.
- Check for oil leaks, particularly from the cam towers on the 5.7L V8, which is a known and labor-intensive issue to fix.
- On high-spec Platinum models, test the functionality of the adaptive air suspension, power-folding third-row seats, and the power rear hatch.
Based on recent sales, prices range from $200 for project vehicles to $58,000 for late-model, top-spec variants.
458 Toyota Sequoia 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 220 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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