Toyota Highlander Hybrid Pricing Analysis: Pittsburgh, PA Market Report

Pricing Analysis by Model Year

Key Insights

• New Model Premium: The 2023 Toyota Highlander Hybrid is priced at $42,727, reflecting a 2.7% increase over MSRP, indicating strong demand for the latest model.
• Significant Depreciation for Older Models: The 2021 model shows a steep decline, priced at $32,478, which is ~16.3% below its original MSRP.
• Best Value Year: The 2020 model offers a competitive price of $32,092, down ~16.5% from MSRP, making it an attractive option for budget-conscious buyers.

Model Year Pricing

Pricing in Nearby Cities

Market Area: Greater Pittsburgh Region

Key Insights

• Highest Prices in Clarksburg: The city of Clarksburg, WV has the highest average price at $45,298, likely due to limited inventory and higher demand.
• Best Value in Cumberland: Cumberland, MD offers the lowest average price at $30,655, indicating a more price-sensitive market with potentially higher inventory.
• Inventory Variation: Cities like Greensburg, PA and Boyers, PA have substantial listings (89 and 77 respectively) but show average prices around $38,589 and $39,038, suggesting stable pricing in these areas.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• AWD Trims Dominate Listings: The XLE AWD trim is the most common with 20 listings, reflecting strong demand for all-wheel drive options.
• Premium Pricing for Higher Trims: The Platinum AWD trim, priced at $55,675, commands a significant premium, indicating a market for luxury features.
• Value in Limited AWD: The Limited AWD trim, with 17 listings and an MSRP of $52,475, offers a balance of features and price, appealing to buyers seeking a well-equipped vehicle without the highest price tag.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from July 16, 2026, CarGurus experts' opinions, and generative AI.