Used Toyota Highlander for Sale nearBanff, AB

How much does the Toyota Highlander cost in today's market?

Used Toyota Highlander prices span a wide range depending on model year. Here's what the market looks like right now:

The Toyota Highlander’s current nationwide average price is $36,410 CAD, and its lowest point over the past year was $35,872 CAD. Recently, prices have come down for the 2022, 2023, and 2024 models, making now a good time to shop recent model years.

Is the Toyota Highlander a good car?

Yes — the Toyota Highlander is a strong used pick if you want a family-focused SUV with broad appeal and a well-established reputation.

The all-generations owner rating is 4.7/5 across every model year in the data.

Owners consistently praise the Highlander for its comfort, reliability, and family-friendly practicality. Spacious cabins and smooth rides come up often, along with safety features and a refined overall character.

Expert reviews rate the 2022 and 2021 models among the highest across all years.

The main trade-offs show up in the driving experience and cabin packaging: some recent expert reviews point to a third row that feels tight, infotainment that can feel dated in some years, and a ride-and-steering setup that favours comfort over engagement.

30.5% of listings are priced as good or great deals.

Are Toyota Highlander models reliable?

Owners consistently give the Highlander very strong marks for comfort, reliability, and family-friendly usefulness. Expert reviews also reinforce its reputation for a smooth ride, practical cabin space, and strong safety equipment.

• Owners rate the Toyota Highlander between 4.5 and 5.0 out of 5 stars across all model years in the data.

For used buyers, that combination points to a model with strong long-term ownership appeal and a reassuring track record.

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

Key things to evaluate:

• Fuel efficiency: The Highlander comes equipped with a 3.5-litre V6 engine. It makes power specs of 295 horsepower and 263 pound-feet of torque. Power is routed through an eight-speed automatic transmission to standard all-wheel drive (AWD; a front-wheel drive (FWD) drivetrain is not offered in Canada). The transmission has a tap-shift function on the shifter. There’s also a drive-mode button in the centre console with Sport, Normal, and Eco modes. Finally, next to the drive-mode button is a dial for the AWD system with Mud/Sand, Rock, and Normal modes.

Which Toyota Highlander trim should I buy?

The 2022 Toyota Highlander offers these trims:

• LE: The entry trim brings standard AWD, 18-inch alloy wheels, heated front seats, dual-zone automatic climate control, Smart Key with pushbutton start, and an 8-inch touchscreen with Apple CarPlay and Android Auto. It suits buyers who want the core Highlander package at the lowest price.
• XLE: This trim adds a heated steering wheel and shift knob, power-adjustable front seats, wireless device charging, a power sunroof, a power liftgate, second-row sunshades, synthetic leather upholstery, and a digital instrument panel screen. It is the best-value trim for many shoppers because it adds a strong mix of comfort and convenience features.
• XSE: The XSE adds unique exterior styling, 20-inch alloy wheels, a large mesh grille, second-row captain’s chairs, dual exhaust tips, ambient interior lighting, and a sport-tuned suspension. It suits buyers who want a more distinctive look and a firmer-feeling setup.
• Limited: The Limited adds premium LED headlamps, heated and ventilated front seats, genuine leather upholstery, acoustic noise-reducing windows, a wall-style power outlet, a hands-free power liftgate, a panoramic moonroof, an 11-speaker JBL premium audio system, and a 12.3-inch infotainment touchscreen. It is the right choice if you want a more upscale cabin.
• Platinum: The Platinum adds rain-sensing windshield wipers, a 360-degree parking camera, heated second-row seats, and a rearview camera mirror. It suits buyers who want the most fully equipped Highlander in this lineup.

What Toyota Highlander do most buyers choose?

The Toyota Highlander years with the most listings are 2022, 2021, and 2023.

These higher-volume years tend to be popular because they give you a wider selection of trims, prices, and equipment levels to compare. They also sit in the sweet spot where newer features and broader availability often overlap.

What is the Toyota Highlander's resale value?

Most Highlander model years are down by double digits year over year, which is good news if you are shopping used and want more room to negotiate. The pattern also shows that newer examples are seeing meaningful price movement, so recent model years can be especially worth watching. A few years have declined less sharply than the rest, which suggests some versions are retaining value a bit better than others.

The 2017, 2022, and 2016 model years have held their value best, with the smallest year-over-year price changes.

Is the Toyota Highlander safe?

• 2022: 8/10
• 2021: 10/10
• 2020: 9/10

The 2022 Highlander comes standard with the Toyota Safety Sense suite of driver-assistance features.

For the safest used buy, the 2021 model posts the highest confirmed score of 10/10.

Should I buy a used Toyota Highlander now or wait for the next model?

Buy now if:

• Price trend: The 2024 model is at −11.66% versus a year ago, and the 2023 model is at −10.99%.
• Deal availability: The 2023 model has 31.1% good and great deals.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $41,642 CAD. The Toyota Highlander offers a roomy, family-friendly cabin with a calm, refined character that makes it easy to live with every day.

Consider waiting if:

• Powertrain/efficiency: The Highlander comes equipped with a 3.5-litre V6 engine. It makes power specs of 295 horsepower and 263 pound-feet of torque.
• Tech: The Highlander comes standard with Bluetooth connectivity, five USB ports, and an 8-inch touchscreen that supports Apple CarPlay and Android Auto as well as SiriusXM satellite radio.
• Safety: The 2022 Highlander comes standard with the Toyota Safety Sense suite of driver-assistance features. It includes standard forward collision avoidance, automatic emergency braking, pedestrian detection, lane-departure warning, dynamic radar cruise control, lane tracing assist, traffic-sign recognition, and automatic high beams.
• Starting price: Base new-vehicle MSRP for the 2022 Toyota Highlander is $44,490 for the base LE trim with standard AWD, before destination and fees.

If you're buying used today, the 2022 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.