Fair market value
Toyota Highlander prices by model year
Start with the 2026 market price, then compare earlier model years.
2026 fair price
$53,135
Mileage-adjusted from live market listings
Avg. depreciation / yr
9.4%
5-yr cost to own
$29,082
Pricing by model year
| Model year | Fair price | MSRP | |
|---|---|---|---|
| 2026 | $53,135 | $45,270 | View 2026 pricing → |
| 2025 | $46,051 | $40,320 | View 2025 pricing → |
| 2024 | $42,536 | $39,270 | View 2024 pricing → |
| 2023 | $38,096 | $36,620 | View 2023 pricing → |
| 2022 | $35,292 | $35,855 | View 2022 pricing → |
| 2021 | $32,223 | $35,085 | View 2021 pricing → |
| 2020 | $29,416 | $36,200 | View 2020 pricing → |
| 2019 | $25,860 | $35,340 | View 2019 pricing → |
| 2018 | $22,972 | $33,280 | View 2018 pricing → |
| 2017 | $21,546 | $32,680 | View 2017 pricing → |
| 2016 | $19,473 | $32,015 | View 2016 pricing → |
Market demand
The Toyota Highlander has about 46 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 $29,082 (insurance, maintenance, and repairs excluded). See the breakdown →
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Prices are computed from live market listings, adjusted for mileage · updated 9/16/2026. Estimates only; your price depends on condition, options, and location.