2026 Toyota Highlander Hybrid Pricing Analysis

Pricing by Popular US Cities

Market Area: Nationwide

Key Insights

• Highest Prices in Dallas: The Dallas market commands the highest average price at $58,478, indicating a strong demand relative to inventory.
• Lowest Prices Found in New York City: New York shows the lowest average price at $52,666, despite a relatively small inventory of 18 listings.
• Consistent Pricing Across Major Markets: Prices across cities like Washington, DC ($56,112) and Boston, MA ($54,366) are relatively stable, reflecting demand consistency in these areas.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• XLE AWD is the Most Available Trim: The XLE AWD trim leads inventory with 592 listings, indicating its popularity among consumers.
• Pricing for Premium Trims: The Platinum AWD trim has the highest MSRP at $55,275, reflecting its luxury features and desirability.
• Value Proposition of Limited AWD: The Limited AWD trim, priced at $52,075, offers a balance of features and cost, making it a strong contender against its higher-end siblings.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• Strong New-Car Premium in 2025: The 2025 Toyota Highlander Hybrid is priced at $51,163, reflecting a 9.0% premium over its original MSRP, indicating high demand for the newest model.
• Significant Depreciation in Older Models: The 2016 model has depreciated the most, showing an average price of $19,333, which is ~59.6% below MSRP.
• Best Value Years: The 2022 and 2023 models are both competitively priced at just under their original MSRPs, making them ideal options for budget-conscious buyers who want a newer model.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from May 8, 2026, CarGurus experts' opinions, and generative AI.