Toyota Highlander depreciation: value by age
Value kept after 3 years
80%
- Loses 20% in 3 years.
- 2023 L FWD. New: $39,555. Now: $31,500.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | LE FWD | $42,265 | $32,700 | KBB fair price | 77% | $9,565 | $4,783 |
| 2023 | 3 | L FWD | $39,555 | $31,500 | KBB fair price | 80% | $8,055 | $2,685 |
| 2022 | 4 | L FWD | $38,620 | $26,300 | KBB fair price | 68% | $12,320 | $3,080 |
| 2021 | 5 | L FWD | $37,860 | $22,400 | KBB fair price | 59% | $15,460 | $3,092 |
| 2020 | 6 | L FWD | $37,375 | $22,900 | KBB fair price | 61% | $14,475 | $2,413 |
| 2019 | 7 | LE FWD | $36,460 | $19,800 | KBB fair price | 54% | $16,660 | $2,380 |
| 2018 | 8 | LE AWD | $36,144 | $17,650 | KBB fair price | 49% | $18,494 | $2,312 |
| 2017 | 9 | LE AWD | $35,459 | $17,700 | KBB fair price | 50% | $17,759 | $1,973 |
| 2016 | 10 | LE 4WD | $34,794 | $15,750 | KBB fair price | 45% | $19,044 | $1,904 |
| 2015 | 11 | LE AWD | $33,789 | $15,700 | KBB fair price | 46% | $18,089 | $1,644 |
| 2014 | 12 | LE AWD | $32,840 | $13,800 | KBB fair price | 42% | $19,040 | $1,587 |
| 2013 | 13 | FWD | $33,613 | $11,450 | KBB fair price | 34% | $22,163 | $1,705 |
| 2012 | 14 | AWD | $32,533 | $10,600 | KBB fair price | 33% | $21,933 | $1,567 |
| 2011 | 15 | AWD | $32,000 | $10,350 | KBB fair price | 32% | $21,650 | $1,443 |
| 2010 | 16 | AWD | $30,230 | $8,150 | KBB fair price | 27% | $22,080 | $1,380 |
| 2009 | 17 | Hybrid AWD | $36,698 | $7,600 | KBB fair price | 21% | $29,098 | $1,712 |
- Biggest drop
- Age 16 to age 17: $7,018 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $38,388 | $34,035 | $31,000 | $28,715 | $26,545 |
| 2023 | $34,943 | $33,844 | $32,169 | $27,500 | $25,684 | $23,983 |
| 2022 | $32,063 | $29,444 | $27,772 | $24,500 | $22,538 | $20,765 |
| 2021 | $30,204 | $27,513 | $23,401 | $21,100 | $18,986 | $17,093 |
| 2020 | $28,959 | $24,659 | $23,195 | $21,500 | $18,963 | $16,698 |
| 2019 | $24,130 | $22,333 | $18,958 | $18,200 | $16,186 | $14,375 |
| 2018 | $22,930 | $19,974 | $17,602 | $16,550 | N/A | N/A |
| 2017 | $18,919 | $17,939 | $15,864 | $16,550 | N/A | N/A |
| 2016 | $17,717 | $16,090 | $13,072 | $14,100 | N/A | N/A |
| 2015 | $16,073 | $13,856 | $12,359 | $12,500 | N/A | N/A |
| 2014 | $14,782 | $13,724 | $11,023 | $12,300 | N/A | N/A |
| 2013 | $11,232 | $10,679 | $9,453 | $10,450 | N/A | N/A |
| 2012 | $10,695 | $9,394 | $8,825 | $9,625 | N/A | N/A |
| 2011 | $9,203 | $9,028 | $8,074 | $9,125 | N/A | N/A |
| 2010 | $8,815 | $7,626 | $6,861 | $7,275 | N/A | N/A |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate