Used 2023 Toyota Highlander for Sale near Indianapolis, IN
211 results
CarGurus Analysis:
2023 Toyota Highlander
With 216 currently listed for sale near Indianapolis, IN and an average price of $33,400.00, 68.1% of 2023 Toyota Highlanders for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota Highlander 4.75 / 5 stars.
100.0% of 2023 Highlander models on CarGurus are accident free.
The 2023 Toyota Highlander features a new 2.4-liter turbocharged four-cylinder engine which provides improved fuel economy and performance compared to previous models, as well as generous cargo space and a suite of advanced safety features.
CarGurus Analysis: 2023 Toyota Highlander
Summary
With 216 currently listed for sale near Indianapolis, IN and an average price of $33,400.00, 68.1% of 2023 Toyota Highlanders for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Toyota Highlander 4.75 / 5 stars.
100.0% of 2023 Highlander models on CarGurus are accident free.
The 2023 Toyota Highlander features a new 2.4-liter turbocharged four-cylinder engine which provides improved fuel economy and performance compared to previous models, as well as generous cargo space and a suite of advanced safety features.
Why it stands out
The 2023 Toyota Highlander excels as a well-rounded midsize SUV, boasting a blend of comfort, reliability, and practicality that appeals to families. Its spacious interior provides up to 84.3 cubic feet of cargo space, making it suitable for both everyday errands and longer trips. The introduction of the turbocharged engine enhances fuel efficiency without sacrificing power, a significant improvement over previous models that relied on a V6 engine. Furthermore, the Highlander maintains its reputation for safety, consistently earning high marks from reviewers for its strong build quality and standard safety features. Despite its strengths, it's worth noting that some drivers find the Highlander's driving dynamics somewhat uninspiring; however, the focus on a smooth ride and ample interior space remains a priority for many buyers.
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: $33,167.00
- Good/great deal percentage: 61.1%
- User rating: 4.44 / 5
- Total listings: 247
- Average price: $30,709.00
- Good/great deal percentage: 47.0%
- User rating: 4.86 / 5
- Total listings: 185
This analysis is based on CarGurus' proprietary market data from May 19, 2026, CarGurus experts' opinions, and generative AI.
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4.8 Overall rating
Filter by rating
Jennifer M
Reviewed a 2023 Toyota Highlander on Apr 21, 2026
Great value. This car had everything you could want without buying the fanciest top of the line model.
Samuel B
Reviewed a 2023 Toyota Highlander on Oct 20, 2023
Extremely smooth ride and very comfortable seats. Love the interior layout.
Alexander H
Reviewed a 2023 Toyota XSE AWD on Aug 11, 2023
New 4cyl. is peppy enough, just seems out of place in a vehicle this size. That plus the buzzing of something so small compared to the V6 leaves much to be desired. Handling is great. With the xse sport tuned suspension...it drives relatively good. Only upside of going for the premium audio is the 12.3 inch infotainment. The jbl premium sound doesnt do it for me. Shallow sound and lackluster bass. Build quality is what youd expect from Toyota, surprising actually...in a good way. Seats are comfortable for those lucky to be in the 2 front rows. The third should be reserved for small children or average sized adults in a pinch. Cargo space is a bit small but its what to expect in this segment. The third row means some compromise in that dept. Overall, I love my new Highlander. Its definitely not without flaws but they are easy to look past.
Xexeed M
Reviewed a 2023 Toyota Highlander on May 4, 2023
Car’s 3rd row is not bumpy. Features like Birds Eye view are fantastic. Drives very smooth.
2023 Toyota Highlander Trims
| Trim type | MSRP |
|---|---|
| Platinum AWD | $51,425 |
| Limited AWD | $48,225 |
| XSE AWD | $45,565 |
| L FWD | $36,620 |
| LE AWD | $40,620 |
| LE FWD | $39,020 |
| XLE FWD | $42,020 |
| XLE AWD | $43,620 |
2023 Toyota Highlander Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Toyota Highlander prices has changed over time.
See more price trends2023 Toyota Highlander Pricing Analysis: Indianapolis, IN Market Report
Pricing by Nearby Locations
Market Area: Indianapolis, IN
Key Insights
- Highest Prices in Crawfordsville: The city has the highest average price at $35,144, likely reflecting a demand for higher-end trims in that area.
- Lowest Prices in Anderson: Average pricing in Anderson is the lowest at $32,842, which may suggest greater competition or better inventory turnover.
- Inventory Correlation: Overall, areas with more listings, like Cincinnati and Dayton, feature competitive pricing ($35,591 and $35,467, respectively), indicating a balance between supply and demand.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Crawfordsville, IN | 202 | $35,144 |
| Cincinnati, OH | 233 | $35,591 |
| Dayton, OH | 216 | $35,467 |
| Bloomington, IN | 210 | $34,382 |
| Kokomo, IN | 205 | $34,495 |
| Lafayette, IN | 192 | $38,081 |
| Terre Haute, IN | 183 | $36,462 |
| Columbus, IN | 209 | $33,289 |
| Jasper, IN | 207 | $32,866 |
| Anderson, IN | 208 | $32,842 |
Pricing by Trim Packages
Key Insights
- XLE AWD and Limited AWD Lead in Listings: The XLE AWD trim is the most prevalent with 181 listings, indicating strong demand for this configuration.
- High Price for Premium Trim: The Platinum AWD trim holds the highest MSRP at $51,425, suggesting a market willing to pay more for luxury and advanced features.
- Base Trims Offer Competitive Entry: The LE FWD trim at $39,020 MSRP represents a cost-effective option for budget-conscious buyers who still seek essential features.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLE AWD | 181 | $43,620 | AWD | 2.4L 265 hp I4 |
| Limited AWD | 90 | $48,225 | AWD | 2.4L 265 hp I4 |
| XLE FWD | 64 | $42,020 | FWD | 2.4L 265 hp I4 |
| LE FWD | 59 | $39,020 | FWD | 2.4L 265 hp I4 |
| LE AWD | 58 | $40,620 | AWD | 2.4L 265 hp I4 |
| XSE AWD | 44 | $45,565 | AWD | 2.4L 265 hp I4 |
| Platinum AWD | 44 | $51,425 | AWD | 2.4L 265 hp I4 |
| Limited FWD | 25 | $46,275 | FWD | 2.4L 265 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Highest Premium for New Models: The 2025 model shows a +2.8% increase over its MSRP, indicating strong interest in the latest iteration.
- Significant Depreciation for Older Vehicles: Notably, the 2018 Highlander is priced -27.1% below its original MSRP, highlighting a common depreciation trend as models age.
- Consistent Value in Recent Models: Model years 2021 and 2022 maintain values close to their original MSRPs, with depreciation levels at -10.9% and -6.8%, making them attractive options for buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 Toyota Highlander | $40,320 | $42,376 | +5.1% |
| 2024 Toyota Highlander | $39,270 | $37,518 | -4.5% |
| 2022 Toyota Highlander | $35,855 | $33,454 | -6.7% |
| 2021 Toyota Highlander | $35,085 | $31,259 | -10.9% |
| 2020 Toyota Highlander | $34,600 | $28,722 | -17.0% |
| 2019 Toyota Highlander | $31,830 | $22,895 | -28.0% |
| 2018 Toyota Highlander | $31,230 | $22,761 | -27.1% |
| 2017 Toyota Highlander | $30,630 | $20,424 | -33.4% |
| 2016 Toyota Highlander | $30,490 | $16,348 | -46.4% |
| 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.
