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Toyota Highlander Hybrid Depreciation

A Toyota Highlander Hybrid will depreciate 22% after 5 years and have a 5 year resale value of $35,788.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $45,959 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Toyota Highlander Hybrid.

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Toyota Highlander Hybrid Depreciation Calculator

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Toyota Highlander Hybrid Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $1,751 96.19% $44,208 12,000 2022
2 $6,016 86.91% $39,943 24,000 2023
3 $6,710 85.40% $39,249 36,000 2024
4 $7,409 83.88% $38,550 48,000 2025
5 $10,171 77.87% $35,788 60,000 2026
6 $12,850 72.04% $33,109 72,000 2027
7 $15,088 67.17% $30,871 84,000 2028
8 $18,062 60.70% $27,897 96,000 2029
9 $21,081 54.13% $24,878 108,000 2030
10 $23,389 49.11% $22,570 120,000 2031

Toyota Highlander Hybrid Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,751 96.19% $44,208
2 $6,016 86.91% $39,943
3 $6,710 85.40% $39,249
4 $7,409 83.88% $38,550
5 $10,171 77.87% $35,788
6 $12,850 72.04% $33,109
7 $15,088 67.17% $30,871
8 $18,062 60.70% $27,897
9 $21,081 54.13% $24,878
10 $23,389 49.11% $22,570

Buying a Toyota Highlander Hybrid New vs Used

If you purchase a used Toyota Highlander Hybrid that is 2 years old, then you could save $6,016 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $4,155. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Highlander Hybrid models become available.

What About Toyota Highlander Hybrid Insurance Costs?

The average cost to insure a Toyota Highlander Hybrid is about $1,738 per year. This adds up to around $8,690 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Toyota Highlander Hybrid. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

Toyota Highlander Hybrid Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Toyota Highlander Hybrid ranks for Depreciation compared to other vehicles. Also check out how the Highlander Hybrid stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Toyota Highlander Hybrid Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Toyota Highlander Hybrid costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: