Used 2023 Toyota Highlander for Sale nearVictoria, BC

How much does the 2023 Toyota Highlander cost?

Prices have softened 10.56% compared to this time last year, making it a favourable time to shop this model year.

There are 206 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Toyota Highlander a good car?

Yes — 4.75/5 is a strong user rating for a midsize SUV that focuses on practicality, comfort, and everyday usefulness. The Highlander gives you a roomy cabin, up to 2,387 litres of cargo space with the seats folded down, and standard tech such as an 8-inch touchscreen, USB inputs, Apple CarPlay, and Android Auto. It also comes standard with Toyota Safety Sense, which adds lane-keep assist, lane-departure alerts, and automatic emergency braking.

If you want a family-friendly SUV that prioritises comfort, safety, and long-term usefulness over driving excitement, this model fits that brief well. 28.2% of listings are priced as good or great deals, which gives you 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 overview points to a strong reputation for reliability and safety, along with a practical, comfort-focused design that should appeal if you want a dependable daily driver. Its standard safety equipment and reputation for long-term usefulness make it a sensible choice for used buyers who value peace of mind.

For used shoppers, 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?

This looks like a moderate, selective buyer’s market, so you can afford to compare listings carefully before committing.

• Deal availability: 28.2% of listings are priced as good or great deals.
• Inventory: There are 206 listings available.
• Price trend: Prices have softened 10.56% compared with last year.

If you find a listing below $43,561 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 $43,585 CAD sits slightly below last year's $48,729 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy with less risk of overpaying. For a future seller, it also means resale expectations should be grounded in the current softer pricing environment rather than last year’s higher benchmark.

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:

• 28.2% of listings are priced as good or great deals.
• Price trend: Prices have softened 10.56% compared with last year.
• Owners rate it 4.75/5 — a strong satisfaction signal.

Consider the 2022 if:

• At $41,384 CAD, the 2022 costs less than the current year's $43,585 CAD average.
• It covers the basics families need with space, versatility, technology, and safety.

The bottom line:
Choose the 2023 if you want the newer model-year pricing context and a strong mix of comfort, safety, and practicality. If your priority is saving money upfront, the 2022 is the better value play, especially if you can find one with the features you want at a lower asking price.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.