Do I pass my 4Runner on to my kids?

I have a 2011 4Runner (SR5 4WD), purchased brand new. ~140k miles and will last until 400k miles easily I feel. I love it and really don't want to get a new vehicle, but have a dilemma.

I have three kids, two that will be driving soon. There is a possibility that they'll share a vehicle at first, but we're super busy, they're in all kinds of activities and it won't be long before getting them each a vehicle makes more sense.

Do I give one of them the 4Runner and buy something else for me and a cheaper vehicle for the other, keep the 4Runner and buy two cheaper vehicles- maybe a camry/rav4/cheaper tacoma (leaning towards this).

I could definitely use a truck, so wouldn't be against buying myself a Tacoma or Tundra, but financially that might not be the best decision. I can easily afford it but try not to live beyond our means when possible.

I'd be pretty upset if I handed down the 4Runner and they wreck it- and I know just about ever teen will have a minor accident at least.

Also how fricked am I in terms of insurance, car payments etc (assuming I don't buy outright).