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What's the level of Toyota Highlander depreciation?
With my growing family, I’m ready to buckle down and buy a three-row SUV. I like what the Toyota Highlander has to offer, but I’m worried that it will be almost worthless when I want to sell it later down the road. How much do Toyota Highlanders depreciate?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The Toyota Highlander has one of the best resale values in the midsize three-row SUV market. In just five years, Toyota Highlander depreciation is only at 21%, making it one of the best bargains on the market.
However, 21% on a $40,000 car is still a sizable chunk of change. So if you don’t want to eat that much on a new car, a certified pre-owned or used Highlander is always an option. In most cases, you can get a low-mileage vehicle with a valid warranty for far less than you would pay for a new one. If you’re a bargain-hunter, it’s simple math.
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