Used 2018 Toyota Highlander for Sale nearWaterloo, ON

How much does the 2018 Toyota Highlander cost?

Prices have softened 12.30% compared to this time last year, making it a favourable time to shop this model year.

There are 147 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2018 Toyota Highlander a good car?

Yes — the 2018 Toyota Highlander earns a 4.6/5 user rating, which points to strong owner satisfaction. Drivers consistently praise its reliability, spaciousness, and smooth ride, and many also like its family-friendly features and overall practicality. In use, that makes it a sensible choice if you want a comfortable, easygoing midsize SUV for daily driving and family duty. With 27.2% of listings marked as good or great deals, there is still some room to shop carefully.

Is the 2018 Toyota Highlander reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction.

User feedback repeatedly highlights reliability, and drivers also describe it as dependable and trouble-free over time. That kind of ownership experience matters if you want a used SUV you can count on for regular commuting, family hauling, and longer-term use. For used buyers, the main risk is less about the Highlander’s reputation and more about finding one that has been maintained properly over the years.

Is now a good time to buy a used 2018 Toyota Highlander?

This looks like a moderate market, so you can shop selectively without feeling rushed.

• Deal availability: 27.2% of listings are priced as good or great deals.
• Inventory: There are 147 listings available.
• Price trend: Prices have softened 12.30% compared with last year.

If you find a listing below $26,656 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2018 Toyota Highlander's resale value?

The current average of $26,656 CAD sits slightly below last year's $30,394 CAD.

That price movement suggests the market has cooled, which can be helpful if you're buying now but less favourable if you're planning to sell soon. If you own one, the softer pricing means your resale value may not be as strong as it was a year ago. Even so, the Highlander's reputation for practicality and family use should help it remain broadly appealing to used shoppers.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2018 Toyota Highlander or consider a different year?

If you're weighing the 2018 against nearby model years, here's how to think about it:

Choose the 2018 if:

• 27.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.30% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

The bottom line: The 2018 Highlander makes the most sense if you want a comfortable, practical midsize SUV with strong owner approval and a market that still offers some deal opportunities. If you're especially price-sensitive, it is worth comparing nearby model years to see whether a lower-priced alternative gives you similar utility for less money.

How does the 2018 Toyota Highlander compare to the 2018 Honda Pilot?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.