Used 2023 Toyota Highlander for Sale nearHamilton, ON

How much does the 2023 Toyota Highlander cost?

Prices have softened 9.76% compared to this time last year, making it a favourable time to shop this model year.

There are 226 listings available, which gives you a solid amount of inventory to compare.

Is the 2023 Toyota Highlander a good car?

Yes — 4.8/5 is a strong user rating for a used midsize SUV, and the 2023 Highlander backs that up with a practical, comfort-focused layout, standard all-wheel drive in Canada, and a useful amount of cargo space. It is aimed at you if you want a quiet, well-equipped family SUV with gas and hybrid options, standard safety tech, and everyday versatility rather than a sporty driving experience. The market also looks reasonably active, with 31.0% of listings marked as good or great deals.

Is the 2023 Toyota Highlander reliable?

Owners rate it 4.8/5, a strong signal of long-term satisfaction.

The 2023 Highlander’s reputation is built around reliability, and Toyota’s standard safety and convenience equipment adds to its appeal for everyday use. It is also positioned as a practical family SUV with strong resale value and efficient powertrain choices.

For used buyers, that usually means lower ownership anxiety than you might face with a less established three-row SUV.

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

This looks like a moderate, selective buyer’s market, so you have room to shop carefully without expecting deep discounts everywhere.

• Deal availability: 31.0% of listings are priced as good or great deals.
• Inventory: There are 226 listings available.
• Price trend: Prices have softened 9.76% compared with last year.

If you find a listing below $43,274 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 $43,287 CAD sits slightly below last year's $47,970 CAD.

That price movement suggests the market has cooled a bit, which can help you buy more selectively today. For a future seller, it also means resale value may depend more on condition, mileage, and how well the vehicle is equipped than on broad market momentum alone. Even so, the Highlander’s established reputation and steady demand should continue to support values better than many rivals.

Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, 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:

• 31.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.76% compared with last year.
• Owners rate it 4.8/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $41,345 CAD, the 2022 costs less than the current year's $43,287 CAD average.
• It focuses on family-friendly practicality and easy-to-use tech.

The bottom line: If you want the newer model-year pricing context and a broad used-market selection, the 2023 is the cleaner default choice. If your priority is saving money upfront, the 2022 is the better value path to compare first.

How does the 2023 Toyota Highlander compare to the 2023 Honda Pilot?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.