Used 2020 Toyota Highlander for Sale near Indianapolis, IN
213 results
CarGurus Analysis:
2020 Toyota Highlander
With 206 currently listed for sale near Indianapolis, IN and an average price of $28,722.00, 34.5% of 2020 Toyota Highlanders for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Toyota Highlander 4.6 / 5 stars.
94.7% of 2020 Highlander models on CarGurus are accident free.
The 2020 Toyota Highlander boasts advanced safety features and a spacious interior, making it an ideal family SUV.
CarGurus Analysis: 2020 Toyota Highlander
overall

Summary
With 206 currently listed for sale near Indianapolis, IN and an average price of $28,722.00, 34.5% of 2020 Toyota Highlanders for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2020 Toyota Highlander 4.6 / 5 stars.
94.7% of 2020 Highlander models on CarGurus are accident free.
The 2020 Toyota Highlander boasts advanced safety features and a spacious interior, making it an ideal family SUV.
Why it stands out
The 2020 Toyota Highlander distinguishes itself with its emphasis on comfort and family-friendly features, achieving a premium experience without the luxury price tag. This midsize SUV has been completely redesigned, integrating advanced technology and safety features, including Toyota Safety Sense 2.0, which encompasses automatic emergency braking and adaptive cruise control. Owners appreciate the vehicle's smooth ride and spacious interior, which accommodates up to eight passengers while providing ample cargo space. However, some drivers point out that the front seats might feel less comfortable for long trips, and the interior materials could be improved for a more upscale feel. The Highlander effectively combines practicality with sophistication, setting a standard for family SUVs.
Other model years to consider
- Average price: $38,914.00
- Good/great deal percentage: 66.7%
- User rating: 5 / 5
- Total listings: 183
- Average price: $33,400.00
- Good/great deal percentage: 68.1%
- User rating: 4.75 / 5
- Total listings: 216
- Average price: $33,167.00
- Good/great deal percentage: 61.1%
- User rating: 4.44 / 5
- Total listings: 247
This analysis is based on CarGurus' proprietary market data from May 19, 2026, CarGurus experts' opinions, and generative AI.
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4.6 Overall rating
Filter by rating
Sarah T
Reviewed a 2020 Toyota Highlander on Dec 7, 2025
It’s well-equipped, comfortable, and family-friendly SUV with strong safety tech, a smooth ride, and premium touches (thanks to the platinum trim) like a panoramic moonroof, leather seating, and 12” touchscreen. Its V6 offers solid power and decent fuel efficiency for a 3-row SUV, and overall it feels modern, quiet, and refined. It’s a great value if you want a reliable, upscale daily driver! The main thing it’s missing is more usable third-row and cargo space. The 3rd row is tight for adults and cargo behind it is limited. Otherwise, it’s a strong all-around pick and fits exactly what I was looking for. I would compare this to the Kia Telluride, Hyundai Palisade, Honda Pilot, and the Ford Explorer.
Anonymous
Reviewed a 2020 Toyota Highlander on Nov 8, 2020
Most comfortable riding vehicle that we have ever purchased. Great features and a great looking vehicle as well.
Kris B
Reviewed a 2020 Toyota Highlander on May 22, 2023
Absolutely love this car. Great comfortable family vehicle with plenty of space, and features
Lee W
Reviewed a 2020 Toyota Highlander on Feb 28, 2020
The ride was smooth, the Highlander is quick and very quiet. I loved many of the features it had, like the posted speed limit on the instrument cluster. What really disappointed me was the passenger seat comfort. The seat bottom only adjusts fron-to-rear, not up or down so I wasn’t as comfortable in it as I was the Hyundai Palisade or the Kia Telluride. It’s still a really good vehicle.
2020 Toyota Highlander Trims
| Trim type | MSRP |
|---|---|
| L AWD | $36,200 |
| LE FWD | $36,800 |
| LE AWD | $38,400 |
| Limited FWD | $43,650 |
| Limited AWD | $45,600 |
| Platinum AWD | $48,800 |
| XLE FWD | $39,600 |
| XLE AWD | $41,200 |
2020 Toyota Highlander Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2020 Toyota Highlander prices has changed over time.
See more price trends2020 Toyota Highlander Pricing Analysis: Indianapolis, IN Market Report
Pricing by Nearby Locations
Market Area: Indianapolis, IN
Key Insights
- Highest Price in Lafayette: The average price reaches $29,331 in Lafayette, indicating strong demand potentially driven by local demographics and preferences.
- Lowest Price in Terre Haute: Conversely, Terre Haute offers the lowest average price at $24,988, suggesting a more price-sensitive market with possibly higher inventory turnover.
- Moderate Price Range in Suburbs: Nearby cities like Anderson and Kokomo show average prices around $28,722, indicating relatively stable pricing with decent inventory.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Lafayette, IN | 199 | $29,331 |
| Columbus, IN | 207 | $28,748 |
| Anderson, IN | 217 | $28,722 |
| Kokomo, IN | 213 | $28,722 |
| Cincinnati, OH | 231 | $28,445 |
| Crawfordsville, IN | 207 | $28,269 |
| Dayton, OH | 227 | $25,895 |
| Terre Haute, IN | 184 | $24,988 |
Pricing by Trim Packages
Key Insights
- XLE AWD as Dominant Option: The XLE AWD trim leads in inventory with 181 listings, suggesting it is the most popular choice among consumers.
- Price Variability Among Trims: The Limited AWD ($45,600 MSRP) stands as the highest priced option, reflecting its luxury and feature-rich configuration compared to more standard trims.
- Base Trims Offer Value: The LE FWD ($36,800 MSRP) exhibits a lower price point and retains reasonable inventory, appealing to budget-conscious buyers.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLE AWD | 181 | $41,200 | AWD | 3.5L 295 hp V6 |
| Limited AWD | 90 | $45,600 | AWD | 3.5L 295 hp V6 |
| XLE FWD | 64 | $39,600 | FWD | 3.5L 295 hp V6 |
| LE FWD | 59 | $36,800 | FWD | 3.5L 295 hp V6 |
| LE AWD | 58 | $38,400 | AWD | 3.5L 295 hp V6 |
| Platinum AWD | 44 | $48,800 | AWD | 3.5L 295 hp V6 |
| Limited FWD | 25 | $43,650 | FWD | 3.5L 295 hp V6 |
| L FWD | 28 | $34,600 | FWD | 3.5L 295 hp V6 |
Pricing Analysis by Model Year
Key Insights
- Most Current Models Holding Value: The 2025 Highlander is priced at $42,376, approximately 2.6% higher than its MSRP, reflecting current market demand for newer vehicles.
- Significant Depreciation for Older Models: Older model years, such as the 2016 Highlander, experience substantial depreciation, with average pricing at $16,348, indicating a trend toward lower value as the vehicle ages.
- Best Value Years: The 2022 Highlander shows modest depreciation at -6.9% vs MSRP, making it a potentially attractive option for buyers interested in a recent model without excessive depreciation.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 Toyota Highlander | $40,320 | $42,376 | +2.6% |
| 2024 Toyota Highlander | $39,270 | $37,518 | -4.5% |
| 2023 Toyota Highlander | $36,620 | $33,000 | -9.0% |
| 2022 Toyota Highlander | $35,855 | $33,454 | -6.7% |
| 2021 Toyota Highlander | $35,085 | $31,259 | -10.7% |
| 2019 Toyota Highlander | $31,830 | $22,895 | -28.1% |
| 2018 Toyota Highlander | $31,230 | $22,761 | -27.2% |
| 2017 Toyota Highlander | $30,630 | $20,424 | -33.4% |
| 2016 Toyota Highlander | $30,490 | $16,348 | -46.3% |
| 2015 Toyota Highlander | $29,765 | $15,816 | -46.7% |
These recommendations are based on CarGurus' proprietary market data from May 21, 2026, CarGurus experts' opinions, and generative AI.









