2024 Honda Pilot vs Toyota Highlander Value Retention
No. The Toyota Highlander holds value better than the 2024 Honda Pilot. Over five years, the Pilot loses 48.3% of its value. The Highlander loses just 41.8%. This gap means you get a higher resale price and lose less money with the Highlander.
The Highlander shines after one year too. In good condition with 12,000 miles, it keeps 87.8% of its value. Take a $46,525 Highlander Limited. It sells for about $41,000 after a year. The Pilot does well for its class, but Toyota leads here.
Check this quick comparison with typical estimates:
| Vehicle | 5-Year Depreciation | Resale Value After 5 Years | 1-Year Value Retention |
|---|---|---|---|
| 2024 Honda Pilot | 48.3% | $20,627 | N/A |
| 2024 Toyota Highlander | 41.8% | $23,318 | 87.8% |
In dollars, a new Pilot drops about $19,573 over five years. It resells near $20,627. A Highlander drops $17,002 to about $23,318. Both top many midsize SUVs, but the Highlander saves you more cash when you sell.
Toyota wins because buyers trust its reliability over time. Hybrid trims boost demand too. People want fuel savings in used models. The Pilot beats the class average of 48.4% loss, but the Highlander tops the segment.
Boost your 2024 Honda Pilot resale with these tips:
- Follow the maintenance plan. Save all records. Change oil every 7,500 miles or as the manual says.
- Limit miles to under 12,000 per year. Low miles mean higher prices.
- Fix small problems fast. Repair door dings, curb rash, and windshield chips right away.
- Detail the car before you list it. Clean seats, kill odors, and snap clear photos in good light.
- Pick popular options if you shop now. Top trims, safety features, and neutral colors sell better.
- Sell at the right time. List at 3 to 5 years to hit peak demand before big repairs kick in.
Pick the Highlander if resale tops your list. Choose the Pilot for more space, better drive, or key features. You still get strong value in the class. Use Sidekick to check resale forecasts by VIN and time your sale right.