Used 2020 Toyota Highlander for Sale nearWaterloo, ON

How much does the 2020 Toyota Highlander cost?

Prices have softened 7.99% compared to this time last year, making it a favourable time to shop this model year.

There are 238 listings available, which suggests a healthy amount of inventory for you to compare.

Is the 2020 Toyota Highlander a good car?

Yes — the 2020 Toyota Highlander earns a 4.6/5 user rating and a 7.2/10 expert rating. The model scores 9/10 across Form and function and Safety.

Owners consistently praise its smooth ride, advanced features, and spacious interior, and many also highlight its safety features and family-friendly practicality. The trade-offs are clear too: some reviewers mention front-seat comfort and interior materials that can feel less impressive than the rest of the cabin. In use, it fits best if you want a calm, refined three-row SUV rather than something sporty or flashy. With 26.1% of listings marked as good or great deals, there is still room to shop selectively.

Is the 2020 Toyota Highlander reliable?

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

The owner feedback points to a vehicle that feels dependable, with a smooth, trouble-free character that many families can count on. The expert review also describes the powertrain as smooth and practically silent at idle, which reinforces the sense of everyday durability and ease of ownership. Toyota’s maintenance and ownership reputation is helped further by the model’s strong comfort and safety focus. For used buyers, the main long-term risk is less about mechanical drama and more about whether the cabin condition and driving feel still match your expectations.

What should I look for when buying a used 2020 Toyota Highlander?

Key things to evaluate:

• Trim level: The L trim gets fabric seats and the simpler cabin presentation, while higher trims add prettier LED running lamps, larger 20-inch alloy wheels, richer interior finishes, and more upscale touches. The Limited and Platinum trims feel especially premium, with the Platinum adding diamond-quilted seat backrests.
• Powertrain: You get a 3.5-litre V6 with either front-wheel drive or all-wheel drive. It delivers brisk acceleration, smooth operation, and strong refinement, but the chassis tuning is more about comfort than sharp responses.
• Safety package: Toyota Safety Sense 2.0 is standard, with automatic emergency braking with pedestrian detection and cyclist detection, lane-keeping assist, adaptive cruise control, and automatic high beams. Blind-spot monitoring, rear cross-traffic alert, parking sensors, and rear emergency braking are optional.
• Infotainment: Apple CarPlay and Android Auto come standard. The base system uses an 8-inch touchscreen, while the Platinum gets a 12.3-inch screen, though the interface still feels dated and the display area is not fully flexible.
• Fuel efficiency: The Highlander L FWD is rated at 11.9 L/100 km in the city, 8.3 L/100 km on the highway, and 10.3 L/100 km combined. With AWD, it is rated at 11.7 L/100 km city, 8.6 L/100 km highway, and 10.3 L/100 km combined.

Which 2020 Toyota Highlander trim should I buy?

The 2020 Toyota Highlander is offered in 5 trim levels: L, LE, XLE, Limited, Platinum.

Here's the short version:

• L: This is the entry point, and it gives you the Highlander’s core comfort, space, and standard safety equipment at the lowest price. It makes sense if you want the model’s calm ride and family-friendly packaging without paying for extras you may not use.
• LE: This is the best-value trim. It adds useful equipment over the L while staying well below the upper trims, so it is the one to target if you want the strongest balance of price and features.
• XLE: This trim is the sweet spot if you want a more upscale feel without jumping to luxury-like pricing. It is the best choice if you want a richer ownership experience and are willing to spend more for it.
• Limited: This trim brings the more premium cabin treatment, the larger 12.3-inch touchscreen, and the JBL audio system. It suits you if you want the Highlander to feel closer to a Lexus-like family hauler.
• Platinum: This is the top trim, with the 10-inch head-up display, the 7-inch instrument display, and the most advanced-feeling tech package. It is the right pick if you want the most fully equipped Highlander and are comfortable paying for it.

Toyota Safety Sense 2.0 is standard across the range, while blind-spot monitoring, rear cross-traffic alert, parking sensors, and rear emergency braking remain optional.

Is now a good time to buy a used 2020 Toyota Highlander?

This is a moderate market for selective buyers, so you can shop patiently and still find worthwhile listings.

• Deal availability: 26.1% of listings are priced as good or great deals.
• Inventory: There are 238 listings available.
• Price trend: Prices have softened 7.99% compared with last year.

If you find a listing below $34,043 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Toyota Highlander's resale value?

The current average of $35,193 CAD sits slightly below last year's $38,250 CAD.

That price movement suggests the market has cooled a bit, which can make the Highlander easier to buy now but slightly less favourable for a future seller. If you own one, the softer pricing trend means you may not see the same resale strength you would have a year ago. Even so, the model’s broad family appeal and comfort-focused reputation should help it remain easy to move when it is time to sell.

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.

Is the 2020 Toyota Highlander safe?

The 2020 Highlander earns a five-star overall safety rating from NHTSA and a 2020 Top Safety Pick from IIHS.

It earns a 9/10 safety score from our experts.

Toyota Safety Sense 2.0 is standard, and it includes automatic emergency braking with pedestrian detection and cyclist detection, lane-keeping assist, adaptive cruise control, and automatic high beams. A driver's knee airbag and a special cushion airbag for the front passenger are also standard. Blind-spot monitoring, rear cross-traffic alert, parking sensors, and rear emergency braking are optional. The main caveat is that some useful safety tech is not standard on every trim, so you should check the equipment list carefully on any used example.

Should I buy a 2020 Toyota Highlander or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 26.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 7.99% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.
• It was redesigned for 2020 and stands out for its calm, refined, Lexus-like feel.

Consider the 2021 if:

• At $38,502 CAD, the 2021 costs more than the current year's $35,193 CAD average.
• It adds more standard safety-feature technology.

The bottom line: If you want the better value, the 2020 is the smarter buy because it already delivers the redesign, strong owner satisfaction, and a softer price. If you are willing to pay more for added standard safety technology, the 2021 is the better fit.

How does the 2020 Toyota Highlander compare to the 2020 Honda Pilot?

Expert Pros & Cons (per CarGurus review team)

2020 Toyota Highlander:

• Pros: Standard advanced safety features, Spacious.
• Cons: Poor handling, Uninspired styling.

2020 Honda Pilot:

• Pros: Powerful engine, Standard advanced safety features.
• Cons: Unintuitive technology, Interior materials feel cheap.

Our experts score the 2020 Toyota Highlander 7.2/10 and the 2020 Honda Pilot 8/10. The Highlander is the better pick if you value a more spacious, comfort-first experience with standard advanced safety features. The Pilot has the edge if you want the stronger engine and can live with less polished technology and cheaper-feeling materials.

Read our full side-by-side expert comparison here.

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