Used 2023 Toyota Highlander for Sale nearRockford, IL

How much does the 2023 Toyota Highlander cost?

Prices have softened 4.09% compared to this time last year, making it a favorable time to shop this model year.

There are 3,825 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Toyota Highlander a good car?

Yes — the 4.75/5 user rating points to strong owner satisfaction. The 2023 Highlander stands out as one of the most comfortable and practical vehicles in its class, with upscale styling, a reinforced body for a smoother ride, and up to 84.3 cubic feet of cargo space when the seats are folded down. It also fits well if you want a refined family hauler with standard tech and safety equipment, plus available gas and hybrid powertrains for different efficiency needs. With 35.3% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2023 Toyota Highlander reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction. The 2023 Highlander’s overview emphasizes Toyota’s strong reputation for reliability, along with a practical, comfort-focused design and standard safety equipment that should appeal to used buyers. Its straightforward family-hauler mission also suggests fewer ownership surprises than more complicated or performance-focused SUVs.

For used buyers, the main long-term risk is less about flash and more about making sure the vehicle has been maintained well and hasn’t been worn down by family-duty mileage.

What should I look for when buying a used 2023 Toyota Highlander?

Accident-free inventory is solid at 84.8% — always verify the vehicle history report.

You should prioritize a history report first, then focus on a careful inspection of the body, interior wear, and any signs of prior damage or poor repairs. Because the Highlander is meant to be a practical family vehicle, condition matters a lot: check that the cabin, cargo area, and seating surfaces match the mileage and asking price.

Is now a good time to buy a used 2023 Toyota Highlander?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 35.3% of listings are priced as good or great deals.
• Inventory: There are 3,825 listings available.
• Price trend: Prices have softened 4.09% compared with last year.
• Clean inventory: 84.8% of listings are accident-free.

If you find a listing below $34,319, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota Highlander's resale value?

The current average of $35,193 sits slightly below last year's $36,692.

That price movement suggests the market has cooled a bit, which can help you buy more carefully now and may also support a steadier resale path if you keep the vehicle in good condition. The Highlander’s practical reputation, comfort-focused appeal, and broad family usefulness should help it stay attractive to future shoppers. If you buy well today, you’re starting from a price point that leaves some room for value retention.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Toyota Highlander or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 35.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 84.8% — always verify the vehicle history report.
• Price trend: Prices have softened 4.09% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $32,519, the 2022 costs less than the current year's $35,193 average.
• It covers family-hauling basics with versatility, safety, and everyday usability.

The bottom line: If you want the newer model year with a softer price trend and strong inventory quality, the 2023 is the better primary target. If your priority is saving money upfront, the 2022 is the smarter secondary path because it delivers much of the same family-friendly appeal at a lower average price.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.