Fair market value
Toyota Highlander prices
Current fair market values by model year, with depreciation and cost-to-own estimates.
Newest model year fair price
$53,561
Mileage-adjusted from live market listings
Avg. depreciation / yr
9.4%
5-yr cost to own
$29,211
Pricing by model year
| Model year | Fair price | MSRP | |
|---|---|---|---|
| 2026 | $53,561 | $48,020 | View 2026 pricing → |
| 2025 | $44,531 | $40,320 | View 2025 pricing → |
| 2024 | $41,407 | $40,870 | View 2024 pricing → |
| 2023 | $37,497 | $36,620 | View 2023 pricing → |
| 2022 | $34,632 | $37,455 | View 2022 pricing → |
| 2021 | $33,018 | $36,510 | View 2021 pricing → |
| 2020 | $29,408 | $34,600 | View 2020 pricing → |
| 2019 | $25,489 | $33,880 | View 2019 pricing → |
| 2018 | $22,838 | $31,230 | View 2018 pricing → |
| 2017 | $21,514 | $30,630 | View 2017 pricing → |
| 2016 | $19,099 | $33,475 | View 2016 pricing → |
Market demand
The Toyota Highlander has about 48 days of national market supply — a fairly balanced market. See each model year for the negotiating-leverage read.
Depreciation
The Toyota Highlander depreciates about 9.4% per year. See the full depreciation curve →
Cost to own (5 years)
Estimated 5-year depreciation + fuel of about $29,211 (insurance, maintenance, and repairs excluded). See the breakdown →
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Prices are computed from live market listings, adjusted for mileage · updated 8/2/2026. Estimates only; your price depends on condition, options, and location.