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How much does the Toyota Highlander Hybrid cost in today's market?
Used Toyota Highlander Hybrid prices span a wide range depending on model year. Here's what the market looks like right now:
| Model Year | Current Avg. Price | Year-Round Range |
|---|---|---|
| 2025 | $61,058 CAD | $59,252 CAD – $67,710 CAD |
| 2024 | $55,016 CAD | $54,461 CAD – $58,423 CAD |
| 2023 | $48,343 CAD | $48,315 CAD – $53,517 CAD |
| 2022 | $43,528 CAD | $42,755 CAD – $49,505 CAD |
| 2021 | $41,621 CAD | $40,323 CAD – $46,793 CAD |
| 2020 | $36,981 CAD | $36,105 CAD – $43,495 CAD |
| 2019 | $34,764 CAD | $30,562 CAD – $35,676 CAD |
| 2017 | $26,424 CAD | $25,555 CAD – $32,901 CAD |
The Toyota Highlander Hybrid's current nationwide average price is $50,531 CAD, and its nationwide low point over the past year was $46,737 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 Hybrid a good car?
Yes — the Toyota Highlander Hybrid is a strong choice if you want a family-focused hybrid SUV with broad owner appeal. The all-generations owner rating is 4.7/5 across every model year in the data.
Owners consistently praise its comfortable ride, spacious cabin, and fuel efficiency, along with the quiet driving experience and family-friendly practicality. Reviewers also highlight its advanced technology and safety features as recurring strengths.
Expert reviews rate the 2021 and 2022 models among the highest across all years.
The trade-offs that come up most often are the restrained driving feel, the third row’s tighter packaging, and interior materials that some reviewers describe as less polished than the rest of the vehicle’s strengths.
29.2% of listings are priced as good or great deals.
Are Toyota Highlander Hybrid models reliable?
Owners and experts consistently point to the Toyota Highlander Hybrid’s comfort, efficiency, spaciousness, and family-friendly usefulness. The model’s quiet ride and practical cabin layout come through again and again in the feedback.
- Owners rate the Toyota Highlander Hybrid between 3 and 5 out of 5 stars across all model years in the data.
For used buyers, long-term ownership risk looks manageable if you choose a well-kept example and pay close attention to maintenance history.
What should I look for when buying a used Toyota Highlander Hybrid?
Key things to evaluate:
- Fuel efficiency: According to Natural Resources Canada, a Highlander Hybrid should average 6.7 litres per 100 kilometres in combined driving. It returned 8.2 L/100 km on the evaluation loop.
- Infotainment: Toyota Audio Multimedia with an 8.0-inch touchscreen in lower trims or a 12.3-inch display in the Limited, plus over-the-air software updates, dual-device Bluetooth pairing, wireless Apple CarPlay and Android Auto, HD Radio, and SiriusXM satellite radio.
- Safety package: Toyota Safety Sense 2.5+ (TSS 2.5+) with adaptive cruise control, forward collision warning with pedestrian detection, automatic emergency braking, lane-departure warning with steering assist, lane-keeping assist, lane-centring assist, automatic high-beam headlights, and a road sign assist system.
Which Toyota Highlander Hybrid trim should I buy?
The 2023 Toyota Highlander Hybrid offers these trims:
- Hybrid LE: The entry point with standard all-wheel drive and the core Highlander Hybrid family layout; a sensible starting point if you want the model’s main strengths at the lowest new-vehicle price.
- Hybrid XLE AWD: Adds a step up in equipment and is the best-value trim for many shoppers, especially if you want a more complete feature set without moving all the way to the top.
- Limited: Brings the upper-end equipment set and can be paired with the Platinum package for even more premium content.
- Limited with Platinum package: The most upscale 2023 configuration in the expert review, adding the Platinum package to the Limited trim.
What Toyota Highlander Hybrid do most buyers choose?
The Toyota Highlander Hybrid years with the most listings are 2025, 2024, and 2023.
| Model Year | Total Listings | Good + Great Deals % |
|---|---|---|
| 2025 | 72 | 23.6% |
| 2024 | 67 | 28.4% |
| 2023 | 56 | 33.9% |
| 2026 | 48 | 20.8% |
| 2022 | 47 | 40.4% |
| 2021 | 42 | 38.1% |
These higher-volume years tend to attract more shoppers because they offer the newest features, the broadest availability, and a strong mix of pricing and equipment. More listings also give you more room to compare condition, mileage, and deal quality before you buy.
What is the Toyota Highlander Hybrid's resale value?
| Model Year | Current Avg. Price | Year-Over-Year Change |
|---|---|---|
| 2017 | $26,424 CAD | −20.0% |
| 2020 | $36,981 CAD | −13.05% |
| 2022 | $43,528 CAD | −11.55% |
| 2021 | $41,621 CAD | −11.06% |
| 2025 | $61,058 CAD | −9.29% |
| 2023 | $48,343 CAD | −9.01% |
| 2024 | $55,016 CAD | −5.29% |
| 2019 | $34,764 CAD | +1.1% |
Most model years in this set are moving lower year over year, which can work in your favour if you are shopping used. The largest drops are concentrated in older and mid-cycle years, while a few newer examples are declining more slowly. One model year is even edging up, showing that not every version is following the same pattern.
The 2019, 2024, and 2023 model years have held their value best, with the smallest year-over-year price changes.
Is the Toyota Highlander Hybrid safe?
- 2023: 9/10
- 2022: 7/10
- 2021: 8/10
Toyota Safety Sense 2.5+ is standard on the 2023 Highlander Hybrid, along with blind-spot monitoring and rear cross-traffic alert.
For the safest used buy, the 2023 model posts the highest confirmed score of 9/10.
Should I buy a used Toyota Highlander Hybrid now or wait for the next model?
Buy now if:
- Price trend: The 2025 model is at −9.29% versus a year ago, and the 2024 model is at −5.29%.
- Deal availability: The 2025 model has 23.6% good and great deals, and the 2024 model has 28.4%.
- Sweet-spot year: The 2025 model has the most listings at a current average price of $61,058 CAD. The Toyota Highlander Hybrid offers a roomy, family-friendly cabin that makes it easy to live with every day.
Consider waiting if:
- Powertrain/efficiency: The Highlander Hybrid pairs a 2.5-litre Atkinson-cycle four-cylinder engine with two electric motor-generators, plus a third to power the rear wheels on demand to create standard AWD, and Toyota says it is good for 243 combined horsepower.
- Tech: Upper trim levels get a new 12.3-inch digital instrumentation display, and the infotainment system includes over-the-air software updates, dual-device Bluetooth pairing, wireless Apple CarPlay and Android Auto, HD Radio, and SiriusXM satellite radio.
- Safety: Toyota Safety Sense 2.5+ includes adaptive cruise control, forward collision warning with pedestrian detection, automatic emergency braking, lane-departure warning with steering assist, lane-keeping assist, lane-centring assist, automatic high-beam headlights, and a road sign assist system.
- Starting price: The base Hybrid LE starts at $51,435 CAD including destination and other fees.
If you're buying used today, the 2025 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 2024 Toyota Highlander Hybrid compare to the 2024 Honda Pilot?
| Spec | 2024 Toyota Highlander Hybrid | 2024 Honda Pilot |
|---|---|---|
| Starting MSRP | $40,970 CAD | $37,090 CAD |
| Engine | 2.5L 243 hp I4 Hybrid | 3.5L 285 hp V6 |
| MPG/MPGe (city) | 36 | 19 |
| MPG/MPGe (highway) | 35 | 27 |
| Average used price | $55,016 CAD | $49,186 CAD |
| Listings available | 67 | 192 |
| Good & great deal share | 28.4% | 28.1% |
These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.
4.8 Overall rating
Customers say
The Toyota Highlander Hybrid has garnered positive feedback from drivers across its model years, primarily for its comfort, fuel efficiency, and spacious interior. Owners appreciate the smooth and quiet ride, making it a family-friendly choice. The advanced technology and feature-rich design also received high marks. However, some shortcomings have been noted, such as limited third-row space and occasional sluggishness in engine performance. Overall, it remains a reliable and practical option for those seeking a hybrid SUV.
AI generated from the text of customer reviews.
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What people say
Samantha L
Reviewed a 2024 Toyota XLE Nightshade AWD on Jan 29, 2024
I love this vehicle. It drives smoothly and is comfortable.
Toyota Highlander Hybrid Trims
| Trim type | MSRP |
|---|---|
| 2026 Limited AWD | $52,475 |
| 2026 Platinum AWD | $55,675 |
| 2026 XLE AWD | $48,020 |
Toyota Highlander Hybrid Price Trends
CarGurus tracks the prices of millions of car listings every year. See how the average price of prices has changed over time.
See more price trendsToyota Highlander Hybrid Pricing Analysis
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model is priced at $54,470 CAD, reflecting a 13.4% premium over its starting MSRP of $48,020 CAD.
- Steepest Depreciation: The 2015 model exhibits the steepest depreciation at -57.9%, indicating significant value loss over time.
- Years Priced Above Starting MSRP: The 2026, 2025, and 2024 models are the only years priced above their starting MSRPs, suggesting strong demand for newer models.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $48,020 CAD | $54,470 CAD | +13.4% |
| 2025 | $46,820 CAD | $50,921 CAD | +8.8% |
| 2024 | $40,970 CAD | $45,137 CAD | +10.2% |
| 2023 | $40,620 CAD | $39,297 CAD | -3.3% |
| 2022 | $39,555 CAD | $35,502 CAD | -10.2% |
| 2021 | $38,735 CAD | $32,956 CAD | -14.9% |
| 2020 | $38,200 CAD | $31,458 CAD | -17.6% |
| 2019 | $37,520 CAD | $27,133 CAD | -27.7% |
| 2018 | $36,870 CAD | $25,572 CAD | -30.6% |
| 2017 | $36,270 CAD | $23,771 CAD | -34.5% |
| 2016 | $47,870 CAD | $21,014 CAD | -56.1% |
| 2015 | $47,850 CAD | $20,125 CAD | -57.9% |
Pricing by Popular Canadian Cities
Market Area: Nationwide
Key Insights
- Highest-Price Market: Edmonton, AB has the highest average price at $61,776 CAD, indicating a premium market for the Highlander Hybrid.
- Best Value: Montreal, QC offers the lowest average price at $32,019 CAD, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Toronto, ON leads with 66 listings, suggesting a robust market presence that may stabilise pricing.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toronto, ON | 66 | $42,953 CAD |
| Ottawa, ON | 35 | $40,465 CAD |
| Montreal, QC | 32 | $32,019 CAD |
| London, ON | 26 | $42,098 CAD |
| Calgary, AB | 25 | $46,717 CAD |
| Vancouver, BC | 25 | $49,316 CAD |
| Edmonton, AB | 16 | $61,776 CAD |
| Winnipeg, MB | 7 | $54,211 CAD |
| Halifax, NS | 4 | $39,758 CAD |
Pricing by Trim Packages
Key Insights
- Volume Leader: The XLE AWD trim leads with 61 listings, indicating strong consumer interest and availability.
- Premium Spread: The Platinum AWD trim is priced at $55,675 CAD, showcasing a $7,655 CAD premium over the Limited AWD trim.
- Drivetrain Effect: All trims feature an AWD drivetrain, which may appeal to buyers seeking enhanced traction and stability.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| XLE AWD | 61 | $48,020 CAD | AWD | 2.5L 243 hp I4 Hybrid |
| Limited AWD | 31 | $52,475 CAD | AWD | 2.5L 243 hp I4 Hybrid |
| Platinum AWD | 24 | $55,675 CAD | AWD | 2.5L 243 hp I4 Hybrid |
These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.
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