Real price data
What should you pay for a 2021 Toyota Highlander?
Original MSRP
$35,085
When new
Fair market price
$33,172
Mileage-adjusted
Below MSRP
$1,913
A fair used price
Where prices land
25th $28,233 · 75th $34,995 · MSRP $35,085
Spread of current 2021 Toyota Highlander listings · 25th–75th percentile marked.
Negotiating leverage
31
out of 100
moderate leverage
~46 days of national supply — moderate negotiating leverage.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
46days of supply
Balanced marketSupply and demand are roughly balanced for the 2021 Toyota Highlander.
National Market Day Supply — how long it would take to sell the current used 2021 Toyota Highlander inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$32,278–$33,682
Estimated dealer invoice — about $35,085 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| LE | $29,117 | $37,285 | $34,302–$35,794 |
| XLE | $31,954 | $41,685 | $38,350–$40,018 |
| XSE | $32,822 | $43,630 | $40,140–$41,885 |
| Limited | $35,054 | $43,865 | $40,356–$42,110 |
| l | — | $35,085 | $32,278–$33,682 |
| Platinum | $37,738 | $47,240 | $43,461–$45,350 |
- LE
- $29,117
- XLE
- $31,954
- XSE
- $32,822
- Limited
- $35,054
- Platinum
- $37,738
Out-the-door price by state
Out-the-door for a 2021 Toyota Highlander runs about $33,483 in MT to $36,397 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $2,405 | $110+ | $35,687 |
| TX | $2,073 | $332 | $35,577 |
| FL | $1,990 | $1,074+ | $36,236 |
| NY | $1,327 | $371 | $34,870 |
| PA | $1,990 | $587 | $35,749 |
| IL | $2,073 | $683 | $35,928 |
| OH | $1,907 | $444 | $35,523 |
| GA | $2,322 | $637 | $36,131 |
| NC | $995 | $793 | $34,960 |
| WA | $2,156 | $215+ | $35,543 |
| OR | $0 | $525 | $33,697 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Fuel economy
20
MPG city
28
MPG highway
23
MPG combined
EPA-estimated fuel economy for a representative 2021 Toyota Highlander configuration (Regular).
Safety & recalls
4 open NHTSA recalls on record for the 2021 Toyota Highlander.
STRUCTURE:BODY:BUMPERS
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2020-2023 Highlander & Highlander Hybrid vehicles. During normal vehicle operation, minor impact to the front lower bumper cover may result in the cover coming loose or detaching.
Remedy: Dealers will repair or replace the upper and lower front bumper covers as necessary, free of charge. Owner letters were mailed April 22, 2024. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is 23TB12/23TA12.
Campaign 23V720000 · 26/10/2023
AIR BAGS:SENSOR:OCCUPANT CLASSIFICATION
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2020-2021 Avalon, Avalon Hybrid, Corolla, Highlander, Highlander Hybrid, RAV4, RAV4 Hybrid, Lexus ES350, Lexus RX350, Lexus RX450H, 2021 Sienna Hybrid, Lexus ES250, 2020-2022 Camry, Camry Hybrid, and ES300H vehicles. A short circuit may develop in the Occupant Classification System (OCS) sensor, preventing the front passenger air bag from deploying.
Remedy: Dealers will inspect and replace the sensor as necessary, free of charge. Interim letters notifying owners of the safety risk were mailed in February 2024. Some final remedy owner letters were mailed October 31, 2024. Letters will continue to be mailed in phases through January 2026. Owners may contact Toyota customer service at 1-800-331-4331. Toyota's number for this recall is 23TB15/23TA15 Lexus 23LB03/23LA03.
Campaign 23V865000 · 20/12/2023
TIRES
Southeast Toyota Distributors, LLC (SET) is recalling certain 2021-2024 Highlander vehicles. The 20-inch accessory tires with an insufficient load rating for the vehicle's Gross Axle Weight Rating (GAWR) were installed. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 110, "Tire Selection and Rims."
Remedy: SET will inspect and replace the tires and information placard, as necessary free of charge. Owner notification letters were mailed August 16, 2024. Owners may contact SET's customer service at 1-866-405-4226. SET's number for this recall is SET24A.
Campaign 24V452000 · 18/06/2024
SEATS:MID/REAR ASSEMBLY:RECLINER
Toyota Motor Engineering & Manufacturing (Toyota) is recalling certain 2021-2024 Highlander and Highlander Hybrid vehicles. The second-row seat backs may fail to lock into position during seat back adjustment.
Remedy: Dealers will replace the return springs in the seat back recliner assemblies, free of charge. Interim letters notifying owners of the safety risk were mailed April 27, 2026. Additional letters will be sent once the final remedy is available, anticipated August 27, 2026. This is a phased recall. Owners may contact Toyota’s customer service at 1-800-331-4331. Toyota's numbers for this recall are 26TB06 and 26TA06.
Campaign 26V128000 · 05/03/2026
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2021 Toyota Highlander?
A fair, mileage-adjusted price is about $33,172, within a typical market range of $28,233 to $34,995.
Is the 2021 Toyota Highlander cheaper than MSRP?
Yes — its original MSRP was about $35,085, so a fair used price is roughly $1,913 below MSRP.
What is the out-the-door price of a 2021 Toyota Highlander?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $33,483 in MT to $36,397 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2021 Toyota Highlander?
There are about 46 days of national market supply for the 2021 Toyota Highlander — Supply and demand are roughly balanced for the 2021 Toyota Highlander.
How much can you negotiate on a 2021 Toyota Highlander?
Negotiating leverage rates 31/100 (moderate). ~46 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2021 Toyota Highlander?
The estimated dealer cost (invoice) is roughly $32,278–$33,682 — its $35,085 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 7/11/2026. Estimates only; your price depends on condition, options, and location.