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Is the 2023 Toyota Highlander hybrid worth it?

Years to pay back

3.4years

  • Hybrid: $1,600 more. Saves $469 a year.
  • Pays back in 3.4 years, about 40,900 miles.
  • After 5 years: $750 ahead.
  • Pays back within 5 years if gas stays over $2.18.
  • Or at more than 8,200 miles a year.
  • 12,000 miles a year. Gas $3.20.

Gas version

Hybrid version

Plug-in hybrids and EVs: How often would I have to charge it?

012345678910yearspays backTo pay back$0Paid back$1,600Ahead $750$100 a coinSand: $1,600 more for the hybrid

A year of fuel at your miles. One jug = 10 gal.

Gas version · 25 mpg · 480 gal · $1,536Hybrid version · 36 mpg · 333 gal · $1,067
Sand = the price gap. It falls as fuel savings add up. Drag the knob to change years.
2023 Toyota Highlander: gas vs hybrid, numbers drawn
MeasureGas versionHybrid version
TrimLE FWDHybrid LE FWD
MSRP$39,020$40,620
Combined mpg25 mpg36 mpg
City mpg22 mpg36 mpg
Highway mpg29 mpg35 mpg
Horsepower265 hp243 hp
DriveFWDFWD
Gallons a year480333
Fuel a year$1,536$1,067

Best hybrid mpg: higher than 31% of 30 hybrids (2023).

What this cannot tell you

List prices and EPA combined mpg only. Your costs will differ.

Loans, insurance, upkeep, resale and incentives are left out.

How values are checked