A 2021 Toyota Highlander still asks 55% of what a 2026 one does — that's how much value it holds after 5 years. Among 87 suvs we price, that ranks #24, above the 47% class median. The steepest single-year drop comes at year 1 (−27.2%), after which losses ease to about 10.5% a year. Mileage costs it 44%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 1,110 listings.
Toyota Highlander value by year
The newest Highlander at under half the 2026 price is the 2019, with a median asking price of $23,800 (43% of it).
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $43,749 | $69,030 | 10 | |
| 2025 | $35,999 | $43,999 | 4 | |
| 2024 | $28,900 | $47,000 | 13 | |
| 2023 | $24,989 | $40,788 | 33 | |
| 2022 | $29,995 | $38,712 | 38 | |
| 2021 | $22,500 | $36,995 | 42 | |
| 2020 | $23,800 | $32,555 | 29 | |
| 2019 | $16,994 | $27,999 | 91 | |
| 2018 | $15,988 | $26,000 | 47 | |
| 2017 | $14,499 | $27,900 | 60 | |
| 2016 | $12,939 | $22,500 | 46 | |
| 2015 | $11,900 | $18,009 | 62 | |
| 2014 | $10,999 | $19,600 | 29 | |
| 2013 | $7,995 | $15,997 | 67 | |
| 2012 | $7,400 | $15,500 | 73 | |
| 2011 | $4,900 | $13,999 | 37 | |
| 2010 | $4,500 | $12,995 | 40 | |
| 2009 | $4,795 | $12,900 | 32 | |
| 2008 | $4,200 | $11,999 | 89 | |
| 2007 | $2,500 | $10,995 | 61 | |
| 2006 | $2,699 | $8,400 | 45 | |
| 2005 | $2,200 | $6,900 | 59 | |
| 2004 | $2,300 | $7,995 | 35 | |
| 2003 | $1,800 | $5,699 | 40 | |
| 2002 | $2,495 | $6,900 | 18 | |
| 2001 | $1,500 | $5,991 | 10 |
How the Toyota Highlander depreciates
The newest Toyota Highlander has a median asking price of $54,842; a 25-year-older one runs about $3,999 — roughly 93% lost over 25 years (compare the typical depreciation curve by age).
Does the Toyota Highlander hold value better than its rivals?
Over the same 5 years the Jeep Grand Cherokee keeps 43%, the Ford Explorer 43% and the BMW X5 50%, against 55% for the Highlander. The Highlander holds value better than the Jeep Grand Cherokee, Ford Explorer and BMW X5.
The Toyota Highlander market right now
Adjust your Toyota Highlander value for mileage
Crossing 100k miles costs a Toyota Highlander about 44% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2026 Toyota Highlander: a dealer trade-in offer is around $43,749, selling private-party nets about $54,842, and a lot asks near $69,030 — a $25,281 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Highlander costs about the same from a dealer as from a private seller, across the 6 recent model years with enough of both. Title, state and mileage effects are on the Toyota Highlander price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2024 | $31,000 (11) | $39,999 (29) | +29% |
| 2023 | $35,000 (13) | $32,997 (78) | −6% |
| 2022 | $33,500 (30) | $32,992 (78) | −2% |
| 2021 | $32,000 (25) | $29,900 (101) | −7% |
Stop guessing at a price range.
- The exact number, not a $4,000 spread
- Market chart: where this model's price is heading
- Price-drop alerts when the model you want gets cheaper
- Full research report as a PDF
- No ads, no tracking — and much more
Get an exact Toyota Highlander value by VIN
More on the Toyota Highlander
Toyota Highlander value FAQ
How much is a Toyota Highlander worth?
It depends mostly on the model year: in our listings the median asking price runs from $2,995 to $54,842 across 26 model years. A 2026 is worth about $54,842, the median of 10 listings.
How much does mileage cut a Toyota Highlander's value?
Among Highlanders from the last eight model years, those with under 40,000 miles ask a median $38,495, and those with over 150,000 miles ask $15,988; crossing 100,000 miles alone costs about 44%.
Which Toyota Highlander year is the best value?
The newest Highlander at under half the 2026 price is the 2019, with a median asking price of $23,800 (43% of it).
Is a Toyota Highlander cheaper from a dealer or a private seller?
About the same: across 6 recent model years in our listings, dealers and private sellers ask within a few percent of each other.
Does the Highlander hold value better than the Jeep Grand Cherokee?
Yes: over 5 years the Highlander keeps 55% of its value and the Jeep Grand Cherokee 43%, by the median asking prices of the 2026 and 2021 model years.
Mark ForCar as a preferred source and our data shows up first in your Google results. One click, no account.