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Used Toyota Highlander for Sale near Phoenix, AZ

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2027 Toyota Highlander Price Trends

CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2027 Toyota Highlander prices has changed over time.

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AVG Price
Not Available
2027 Toyota Highlander
Index Price
$29,094
0.6%
All used vehicles

2027 Toyota Highlander Pricing Analysis: Phoenix, AZ Market Report

Pricing Analysis by Model Year

Key Insights

  • Newer Models Retain Value: The 2025 Highlander is priced at $41,050, reflecting a modest depreciation of only −0.7% from its MSRP.
  • Significant Depreciation Trend Over Five Years: The pricing for the 2019 model shows a substantial drop at −28.4% versus its original MSRP, indicating that older models have lost considerable value.
  • Best Value Between 2021-2022: The 2022 Highlander is priced −8.6% below the MSRP. This model presents an attractive option for buyers looking for a balance of value and features.

Model Year Pricing

Model Year Original MSRP Avg Price Price vs MSRP
2025 Toyota Highlander $40,320 $41,050 +1.8%
2024 Toyota Highlander $39,270 $36,112 -8.3%
2023 Toyota Highlander $36,620 $35,636 -2.7%
2022 Toyota Highlander $35,855 $32,755 -8.6%
2021 Toyota Highlander $35,085 $30,328 -13.5%
2020 Toyota Highlander $34,600 $28,495 -17.7%
2019 Toyota Highlander $31,830 $22,769 -28.4%
2018 Toyota Highlander $31,230 $21,911 -29.8%
2017 Toyota Highlander $30,630 $20,895 -31.8%
2016 Toyota Highlander $30,490 $21,444 -29.7%
2015 Toyota Highlander $29,765 $16,818 -43.4%

These recommendations are based on CarGurus' proprietary market data from June 4, 2026, CarGurus experts' opinions, and generative AI.

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