Whether you’re looking for the right mid-size SUV for your family or for your own weekend adventures, the Toyota Highlander is a popular pick that might be a good fit. While you’re researching all the latest tech and safety features as you look for a new vehicle, it’s also important to check how your vehicle’s value will change over time.
Does the Toyota Highlander hold its value?
The Toyota Highlander will lose about 66% of its value over the first ten years (average MSRP of $41,875). The MSRP for a Highlander ranges from $34,730 for the base model up to $50,224 for the top-of-the-line Hybrid Platinum.
As you search for the right new vehicle, be sure to keep an eye on depreciation. When it’s time to trade in your car, truck, or SUV down the line, it will help if you know what to expect. While you may shell out more now for a vehicle that will stand the test of time, it can be well worth it a decade from now when you’re starting to look for a new car, truck, or SUV.
Does the Toyota Highlander Hold its Value?
Like any vehicle, the Toyota Highlander will depreciate over time. That being said, the Highlander is in the top 25% of vehicles in its class for depreciation, meaning it holds its value well over time.
Here, we’ll check out the depreciation you can expect from Highlander competitors.
Toyota 4Runner
- MSRP: $44,844
- 10-Year Retail: $19,113
Chevrolet Traverse
- MSRP: $40,550
- 10-Year Retail: $7,842
Volkswagen Atlas
- MSRP: $42,749
- 10-Year Retail: $11,547
Customer Perception
Drivers love the Highlander, giving it a rating of 4.9 out of 5 stars. Drivers love the spacious interior, the three rows of seating, the vehicle’s durability, rear ceiling air conditioning vents, and top-of-the-line safety features.
What’s the Price of the Toyota Highlander?
L
Pricing for the L trim level ranges from $34,730 to $38,401. The L trim level offers a 3.5L V6 DOHC engine, 5,000-pound towing capacity, steel spare wheel, 18″ painted alloy wheels, P235/65R18M tires, body-colored power heated side mirrors with manual folding and turn signal indicators, body-colored door handles, and more.
The interior of the L trim level includes front bucket seats, fabric seat trim, fixed 60-40 split-bench third-row seat front, manual recline, manual fold-into-floor, three manual and adjustable head restraints, HVAC unit including under-seat ducts and headliner / pillar ducts, a leatherette door trim insert, and more.
Options for the L trim level include:
- Protection package #3 ($549)
- Preferred accessory package ($397)
- Four season floor liner/mat package ($536)
- Carpet floor mats & cargo liner package ($318)
LE
The LE trim level pricing ranges from $36,738 to $40,621. The LE trim level includes many of the features of the base model, as well as quite a few upgrades.
Upgrades include front fog lamps, power liftgate rear cargo access, leather / metal-look steering wheel, FOB controls including cargo access, remote releases for cargo access and mechanical fuel, leather / metal-look gear shifter material, a perimeter alarm, smart device remote engine start, an engine immobilizer, trunk/hatch auto-latch, and more.
Options for the LE trim level include:
- Protection package #3 ($549)
- Preferred accessory package ($397)
- Four season floor liner/mat package ($536)
- Carpet floor mats & cargo liner package ($318)
Hybrid LE
The MSRP for the hybrid LE trim level ranges from $37,775 to $41,779. This gas / electric hybrid boasts a 2.5L L4HV DOHC engine, a one-speed CVT w/ OD transmission, and excellent gas mileage (36 city/ 35 highway compared to the LE’s 20 city / 28 highway).
The hybrid LE includes front bucket seats with an eight-way power-adjustable driver’s seat and four-way manual adjustable front passenger seat, and safety connects with a one-year trial tracker system.
Options for the hybrid LE trim level include:
- Protection package #3 ($549)
- Preferred accessory package ($397)
- Four season floor liner/mat package ($536)
- Carpet floor mats & cargo liner package ($318)
Limited
The Limited trim level MSRP ranges from $41,497 to $45,936. The Limited trim level includes 20″ alloy wheels with plastic cap and silver accents, P235/55R20M tires, body-colored power with tilt down heated side mirrors with manual folding and turn signal indicators, body-colored rear bumper with gray rub strip/ fascia accent, black grille with chrome surround, laminated glass, fully automatic projector beam LED low/ high beam auto high-beam daytime running lights, roof rack (rails only), and more.
The interior of the Limited trim level includes many upgrades, such as heated / ventilated bucket seats, bucket folding captain front-facing manual reclining fold forward seatback rear seat with manual fore/aft, leather seat trim, fixed 60-40 split-bench SofTex leatherette third-row seat front, manual recline, manual fold into floor, three manual and adjustable head restraints, front seats with leatherette back material and power two-way driver lumbar, and more.
Options for the Limited trim level include:
- Protection package #3 ($549)
- Preferred accessory package ($397)
- Four season floor liner/mat package ($536)
- Carpet floor mats & cargo liner package ($318)
Other trim levels include XLE, hybrid XLE, hybrid limited, platinum, and hybrid platinum.
Are You Ready to Buy? Do This First
If you’re thinking about purchasing a Highlander, you’re smart to take some time to dig into reviews and research before making a final decision. Next, you should get a report from Vehicle History.
You’ll get all the information you need to help you make an informed decision before meeting with your dealer or seller.
