Used 2023 Toyota Highlander for Sale nearBrampton, ON

How much does the 2023 Toyota Highlander cost?

Prices have softened 11.13% compared to this time last year, making it a favourable time to shop this model year.

There are 222 listings available, which suggests a healthy amount of inventory to compare.

Is the 2023 Toyota Highlander a good car?

Yes — the 4.75/5 user rating points to strong owner satisfaction, and the Highlander’s practical, comfort-focused layout makes sense if you want a roomy midsize SUV with standard safety tech and everyday usability. Its cabin space, standard connectivity features, and available gas or hybrid powertrains fit well if you value comfort, efficiency, and family-friendly versatility over driving excitement. With 26.6% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2023 Toyota Highlander reliable?

Owners rate it 4.75/5, a strong signal of long-term satisfaction.

The Highlander’s reputation for reliability and safety is reinforced by its standard Toyota Safety Sense suite and its practical, low-drama design. For used buyers, the main long-term ownership risk is less about outright dependability and more about whether the small third row and softer driving character match your needs over time.

Is now a good time to buy a used 2023 Toyota Highlander?

It’s a moderate market, so you can be selective without expecting deep discounts on every listing.

• Deal availability: 26.6% of listings are priced as good or great deals.
• Inventory: There are 222 listings available.
• Price trend: Prices have softened 11.13% compared with last year.

If you find a listing below $43,519 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Toyota Highlander's resale value?

The current average of $43,519 CAD sits slightly below last year's $48,969 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy with less risk of immediate overpaying. For a future seller, it also means resale value may depend more on condition, mileage, and trim than on broad market momentum alone. If prices stabilise, well-kept examples should remain easier to move than average ones.

Vehicles with strong owner satisfaction ratings, like this model year's 4.75/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Toyota Highlander or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 26.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.13% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $41,843 CAD, the 2022 costs less than the current year's $43,519 CAD average.
• It focuses on family basics with space, versatility, technology, and safety.

The bottom line: Choose the 2023 if you want the newer model-year pricing context and a strong satisfaction signal, especially if you value comfort and practicality. If your priority is saving money first, the 2022 is the better starting point because it undercuts the current average while still delivering the Highlander’s core family-friendly strengths.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.