Toyota Highlander Hybrid Pricing Analysis

Pricing Analysis by Model Year

Key Insights

• Newer Models Command High Prices: The 2026 model has the highest current average price at $56,342, indicating strong demand and limited availability.
• Steeper Depreciation in Older Models: The 2019 model shows the greatest drop, with a decline of approximately 25.1% compared to its original MSRP.
• Best Value Year: The 2022 Toyota Highlander Hybrid is priced at $36,745, reflecting a -7.8% depreciation, making it an attractive option for budget-conscious buyers.

Model Year Pricing

Pricing by Popular US Cities

Market Area: Nationwide

Key Insights

• Highest Pricing in Dallas, TX: With an average price of $37,209, Dallas stands out as the most expensive market, likely driven by demand in the region.
• Lowest Pricing in Chicago, IL: At $29,482, Chicago offers the most competitive pricing, indicating a potentially oversaturated market.
• Price Distribution Variability: Significant price differences across cities, from $29,482 in Chicago to $37,209 in Dallas, suggest regional preferences and inventory levels affect local pricing.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• XLE AWD Dominates Supply: The XLE AWD trim is the most common with 625 listings, suggesting it is a preferred configuration.
• Premium Pricing for Higher Trims: The Platinum AWD trim commands a price of $55,275, reflecting the premium for additional features and luxury options.
• Significant Feature Offerings Across Trims: All trims share a similar engine but vary in features, which could attract different buyer segments based on needs.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from June 11, 2026, CarGurus experts' opinions, and generative AI.