Toyota Highlander Depreciation

A Toyota Highlander will depreciate 41% after 5 years and have a 5 year resale value of $24,861.

The Toyota Highlander does a fantastic job holding its value in the short-term, and places in our top 20 models at the 3 and 5-year marks. Value retention slip by year 7, but it's still in the upper quartile. For those looking in this vehicle class, the Highlander provides excellent value, and you can feel confident in your purchase, whether new or used.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $41,875 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Toyota Highlander.

If you purchase a used Toyota Highlander that is 2 years old, then you could save $8,702 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $8,312. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Highlander models become available.