Toyota Grand Highlander Pricing Analysis: Miami, FL Market Report

Pricing Analysis by Model Year

Key Insights

• Significant New-Car Premium: The 2026 model is priced at $52,352, which is approximately 23.2% above its MSRP, indicating strong demand for the latest model.
• Depreciation Trend: The 2024 model shows a decline in value, priced at $40,208, which is about -7.6% vs MSRP, suggesting a more favorable price point for buyers looking for slightly older models.
• Best Value Year: The 2025 model is priced at $44,317, reflecting a modest depreciation of only -1.3% vs MSRP, making it a competitive option for buyers.

Model Year Pricing

Pricing in Nearby Cities

Market Area: Greater Miami Region

Key Insights

• Highest Prices in North Port: The North Port market has the highest average price at $45,022, likely due to lower inventory and higher demand.
• Best Value in Sebring: Sebring offers the lowest average price at $42,000, indicating a more price-sensitive market or higher inventory turnover.
• Stable Pricing Across Cities: Cities like Fort Lauderdale and West Palm Beach show average prices around $42,561 and $43,349, respectively, suggesting a relatively stable market in the region.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• AWD Trims Dominate Inventory: The XLE AWD and Platinum AWD trims are the most common, reflecting strong demand for all-weather capability.
• Premium Pricing for Higher Trims: The Platinum AWD trim, with an MSRP of $55,445, is priced significantly higher than base trims, indicating a premium for luxury features.
• Value in Base Trims: The LE FWD trim, with the lowest MSRP of $42,260, offers a competitive entry point for budget-conscious buyers.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from August 13, 2026, CarGurus experts' opinions, and generative AI.