Used Toyota Highlander for Sale nearWaterloo, ON

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 $36,294 CAD, and its lowest point over the past year was $35,944 CAD. Recently, prices have come down for the 2023, 2024, and 2025 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 for comfort and reliability. The all-generations owner rating is 4.7/5 across every model year in the data.

Owners consistently praise its smooth ride, spacious cabin, and family-friendly practicality. Reviewers also repeatedly highlight its safety features and overall comfort, while the model’s long-running reputation for reliability comes through across the years.

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

The main trade-offs across recent expert-tested years centre on the third row, which is described as cramped, along with infotainment that can feel dated or cumbersome in some versions. Some expert reviews also point to steering and handling that prioritise comfort over sharpness.

29.5% of listings are priced as good or great deals.

Are Toyota Highlander models reliable?

Owners consistently describe the Highlander as comfortable, dependable, and well suited to family use. Across the model years in the data, the strongest themes are smooth ride quality, strong practicality, and a reputation for long-term durability.

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

For used buyers, that combination points to a model with solid long-term ownership prospects, especially if you choose one that has been maintained well.

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

Key things to evaluate:

• Fuel efficiency: The Highlander returns Natural Resources Canada fuel consumption figures of 11.8 litres per 100 kilometres in the city, 8.6 hwy, and 10.3 combined.

Which Toyota Highlander trim should I buy?

The 2022 Toyota Highlander offers these trims:

• LE: The entry trim comes with standard all-wheel drive, 18-inch alloy wheels, a Smart Key system with pushbutton start, proximity/remote keyless entry, dual-zone automatic climate control, heated front seats, and an 8-inch touchscreen with Apple CarPlay and Android Auto.
• XLE: This trim adds wireless device charging, a power sunroof, a power liftgate, a heated steering wheel and shift knob, a 10-way power-adjustable driver’s seat, an eight-way power-adjustable front-passenger seat, synthetic leather upholstery, second-row sunshades, and a 7-inch digital screen. It stands out as the best-value trim for shoppers who want a fuller feature set without moving to the upper luxury-focused versions.
• XSE: The XSE brings unique exterior styling, revised front and rear bumpers, 20-inch alloy wheels, a large mesh grille design, second-row captain’s chairs, dual exhaust tips, ambient interior lighting, and a sport-tuned suspension.
• Limited: This trim 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, 1,200-watt JBL premium audio system, and the larger 12.3-inch infotainment touchscreen.
• Platinum: The range-topping Platinum adds rain-sensing windshield wipers, a 360-degree parking camera, heated second-row seats, and a rearview camera mirror.

What Toyota Highlander do most buyers choose?

The Toyota Highlander years with the most listings are 2022, 2021, and 2020.

These higher-volume years tend to be popular because they give you more inventory to compare, which can make it easier to find the right trim, price, and condition. They also often sit in the sweet spot between newer features and lower used-car pricing.

What is the Toyota Highlander's resale value?

Most Highlander model years in the table are down year over year, which is good news if you are shopping used because it points to softer pricing across much of the lineup. The largest drops are in the older and mid-cycle years, while the newest model year shows the smallest decline. That pattern suggests recent Highlanders are still holding value relatively well compared with the rest of the range.

The 2025, 2016, and 2017 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 2025 model is at −3.83% versus a year ago, and the 2024 model is at −9.88%.
• Sweet-spot year: The 2022 model has the most listings at a current average price of $41,298 CAD. The Toyota Highlander offers a roomy, family-friendly cabin with a calm, comfortable character that has long made it a dependable everyday SUV.

Consider waiting if:

• Powertrain/efficiency: The latest model pairs a 2.4-litre turbocharged four-cylinder making 265 horsepower and 310 pound-feet of torque with a 2.5-litre hybrid setup rated at 243 system horsepower, while fuel economy is listed at 9.9 litres per 100 kilometres combined for the gas model and 6.7 L/100 km combined for the hybrid.
• Tech: The latest model includes an 8-inch touchscreen, USB inputs, Apple CarPlay, Android Auto, and Toyota Safety Sense.
• Safety: The latest model adds Toyota Safety Sense as standard, along with blind-spot monitoring, rear cross-traffic alert, and eight airbags.
• Starting price: The 2022 Toyota Highlander starts at $44,490 CAD for the base LE trim 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.

How does the 2022 Toyota Highlander compare to the 2022 Honda Pilot?

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.