2021 Toyota Highlander

2021 Toyota Highlander Value Summary

The 2021 Toyota Highlander holds value better than most midsize SUVs. It averages $24,700 today against a new MSRP of $34,800. Owners face a 29% drop from new. That spreads to $3,400 in value loss per year over the first three years.

Toyota earns this edge from rock-solid reliability. Demand stays high for its three rows. Low ownership costs draw family buyers. Trim level, miles driven, condition, and your region shift prices. Clean, low-mile examples sell fast and fetch top dollar.

Depreciation Curve

The Highlander drops value slower than average midsize SUVs. It loses value least in early years. Plan on 42% total loss by year five from new. The table shows values for a base model. It assumes typical use at 12,000 miles per year.

Most midsize SUVs hit 50% loss by year five. The Highlander reaches just 42%. It ranks in the top quarter for value retention.

Value Factors

Toyota designs the Highlander for long life. Many hit 250,000 to 300,000 miles with regular care. Annual repairs average $489. That beats the midsize SUV average of $573. This track record lifts used prices and slows depreciation.

• Reliability: Owners give it top scores year after year.
• Low repair frequency: You visit shops rarely for surprises.
• Family demand: Three rows plus comfort keep buyers lined up.
• Operating costs: Good fuel economy and cheap service cut total bills.
• Dealer network: Parts and fixes stay easy to find anywhere.

Miles and condition sway value most. Under 40,000 miles scores top prices. Over 75,000 miles drops value $1,000 to $1,500 per extra 10,000 miles. Clean shape adds $2,000 to $3,000. Full service records boost another $500 to $1,000. All-wheel drive holds $1,600 more than front-wheel drive in snowy areas.

Hybrids keep even more value. Highlander Hybrid models lost 26% over three years. They list from $25,000 to $38,000. Real-world fuel economy in the mid-30s mpg helps.

Future Projections

These numbers assume average condition and 12,000 miles per year. Lower miles and service history lift values higher.

• 1 year from now: $22,000
• 3 years from now: $19,000
• 5 years from now: $15,300

The drop slows after year five. Long-term owners save big. Control your miles. Follow maintenance schedules. Skip cosmetic skips to lock in value.

Competitor Comparison

The Highlander tops many rivals at five years. It loses less value than the class average and key fights.

This edge counts. You keep more cash from your buy. Or you spend less over time owned.

Bottom Line

The 2021 Toyota Highlander shines at value retention. It averages $24,700 now after a 29% three-year drop. That tops most midsize SUVs. Expect 42% loss at five years. It leads the pack.

Protect your investment. Service on schedule. Fix issues early. Keep records. Detail inside and out. Sell private party for $2,000 to $3,000 over trade-in. Spring listings lift prices too.

Buy this for reliable rides and low costs long-term. Slow depreciation plus steady demand put cash back in your pocket.