Does A Toyota Highlander Hold Its Value

Thanks to a recent complete redesign, the Toyota Highlander Hybrid is at its best. The three-row utility defies typical trends in hybrid SUV design, such as shoddy brake feel and a subpar interior. Instead, it offers exceptional fuel efficiency, a more than 600-mile driving range, and a ton of cargo room. Although it isn’t enjoyable to drive, this hasn’t diminished its appeal. The Toyota Highlander Hybrid is the only hybrid crossover to make the top ten, maintaining, on average, 53.4% of its original value after five years.

Subaru Forester: 53.7 Percent Resale Value (After Five Years)

The Subaru Forester was completely revamped for 2022, and its off-road capabilities makes it stand out from the majority of its compact crossover competitors. It rides with 8.7 inches of ground clearance and has standard AWD (that figure climbs to 9.2 inches for Wilderness models). The Forester is highly rated for safety and includes Subaru’s EyeSight active safety system as standard. Additionally, we liked its infotainment system and affordable price. With so many advantages, it’s hardly surprising that the Forester is anticipated to retain 53.7% of its value after five years.

Jeep Grand Cherokee: 54.0 Percent Resale Value (After Five Years)

The Jeep Grand Cherokee combines on-road comfort with off-road capabilities. This SUV has attractive outward style, and a new plug-in hybrid model can go 26 miles on just electricity. We were thrilled that the new WL model drives like a totally contemporary SUV after the outdated WK2-generation model started to exhibit its age. The Grand Cherokee is a popular family-hauling vehicle. That is reflected in its resale value. After five years, you can anticipate the Jeep Grand Cherokee to keep 54% of its value.

Ford Bronco: 55.7 Percent Resale Value (After Five Years)

The Ford Bronco, although being a new model, is already anticipated to keep 55.7% of its value on the secondary market after five years. The nameplate “Bronco” shares a long history with many other cars on this list. Since the new generation of classic Broncos has only increased in popularity, we believe that Ford’s off-road vehicle will continue to hold the same cachet in the future. We anticipate that the hard-core Bronco Raptor will experience the same.

Porsche Macan: 56.6 Percent Resale Value (After Five Years)

The Porsche Macan is the only luxury sports crossover on this list. Porsche vehicles are known for resisting depreciation, and the Macan is no exception, with an anticipated value retention of 56.6 percent after five years. Any form of the Macan is fantastic to drive. It rides smoothly and has excellent handling characteristics. Its selection of drivetrains includes anything from the base 2.0-liter four-cylinder turbocharged engine to the powerful 2.9-liter twin-turbo V-6 featured in the Macan GTS. Although adding options to a Macan can get pricey, customers should rest easy knowing their SUV will still be worth a respectable amount after five years.

Subaru Crosstrek: 57.2 Percent Resale Value (After Five Years)

On our list of SUVs and crossovers with the best resale values, the small Subaru Crosstrek surpasses its larger sibling, the Forester. The Crosstrek not only has good off-road performance, especially for its class, but it’s also a pleasure to drive. Excellent safety ratings and electronics make the offer even more enticing. This raised hatchback looks like it’s ready for any adventure, and all of these benefits are contained in a beautiful and alluring design. Therefore, it comes as no surprise to us that the Subaru Crosstrek will retain 56.2% of its value after five years.

Ford Bronco Sport: 57.8 Percent Resale Value (After Five Years)

The Baby Bronco outperformed its big brother in terms of value retention during a five-year period. The Ford Bronco Sport, a smaller body-on-frame crossover that can replace the large Bronco, will hold 57.8% of its value after five years. It still sports fantastic, rough style. Although it performs well off-road, it is nevertheless quiet and comfy when driving. Additionally, there are ingenious storage options within. In other words, it offers a lot of the appeal of the standard Bronco without the drawbacks of regularly operating an off-road vehicle.

Toyota 4Runner: 63.4 Percent Resale Value (After Five Years)

Despite being one of the oldest cars in its class and having been on sale for more than ten years, the Toyota 4Runner’s attraction hasn’t diminished. The Toyota 4Runner continues to represent the Japanese automaker’s reputation for dependability and quality despite occasional minor changes. Even while its ride quality isn’t very smooth on the road, it still has a lot of capability off the beaten path. After five years, the 4Runner will typically still be worth 63.4 percent of what you paid for it.

Jeep Wrangler: 74.2 Percent Resale Value (After Five Years)

The Jeep Wrangler once again tops our list of vehicles with the highest resale value for 2022. After five years, the typical Wrangler will still be worth 74.2 percent of what it was when it was new, bucking depreciation like it was nothing. The Wrangler is a cultural icon in its own way and the gold standard for off-road SUVs. Its extraordinary potential makes it simple to ignore its poor on-road driving performance. The Jeep Wrangler won IntelliChoice’s 2022 Best Overall Value Popular Vehicle award in part due to its high retained values.

A Toyota Highlander will depreciate 21% after 5 years and have a 5 year resale value of $36,496.

The Toyota Highlander maintains its value very well over the short term and is among our top 20 cars after three, five, and seven years. The Highlander offers outstanding value for individuals searching in this car category, and you can be secure in your purchase whether it is new or old.

The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. It also counts on a $45,959 retail price for the vehicle. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Toyota Highlander’s projected resale value using our depreciation calculator.

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Is buying a Toyota Highlander worthwhile?

The Highlander is an excellent SUV, yes. It has plenty of basic safety technology, comfortable seats for adults in the first two rows, and decent cabin materials. The Highlander’s powerful, fuel-efficient V6 engine, balanced handling, and comfortable ride also make for a great driving experience.

What issues are there with Toyota Highlanders?

Similar problems with the motorized tailgate and air conditioning system plagued the Toyota Highlander’s previous version from 2008 to 2013. A few owners have also complained of oil leaks from the engine and clunking sounds they hear when rotating the steering wheel.

What midsize SUV maintains its value the best?

  • Mazda CX-5 from 2018.
  • Kia Sorrento from 2018.
  • Toyota RAV4 for 2019.
  • Tucson, a 2018 Hyundai.
  • Equinox 2016 Chevrolet.
  • Jeep Grand Cherokee, year 2019.
  • CR-V 2019 Honda.
  • Toyota RAV4 from 2018.

Which Toyota Highlander model is the best?

The 20082013 edition is most likely the best option. You get more interior room, more features, a more potent engine lineup, better safety ratings, and better crash test results with this generation.

What is the lifespan of a Toyota Highlander?

One of the most durable midsize SUVs on the market, the Toyota Highlander can keep going for up to 300,000 miles after you drive it off the lot.

Can a Toyota Highlander be written off?

The Tax Cuts and Jobs Act greatly enhanced bonus depreciation.

Bonus Depreciation, a new provision of the TCJA, enables you to write off a certain portion of the cost of assets in the year in which they are put to use.

In contrast to Section 179, which only permits you to break even or generate no profit, this deduction allows you to reduce your profit to zero.

When buying and putting into service a vehicle under 6000 pounds, such a Toyota Highlander, you can deduct $18,200 as bonus depreciation (including Section 179).

Advice: Bonus Depreciation can be used to acquire a used Toyota Highlander under the regulations.

What issues do Toyota Highlanders from 2021 have?

Customers were enraged by the Highlander’s frequent fuel pump problems in prior years. Sadly, the 2021 Toyota Highlander doesn’t seem to have undergone much changes.

“My 2021 Highlander Hybrid Platinum is experiencing a fuel filling difficulty,” reads one NHTSA complaint. The vehicle won’t need more than 13.5 gallons at fill-up for the first 2,000 kilometers. Nothing to top off. The car’s fuel tank holds 17.1 gallons. According to the car’s estimation, the distance to empty has only been 2 miles. It uses between 12.5 and 13.5 gallons per fill up. It’s unclear whether the tank is unable to fill completely because there are still 4-5 gallons at the empty level or whether it is filling partially. I bought this automobile so I could travel with my family and take advantage of its fuel efficiency and range. In order to prevent my family from becoming stuck without fuel, it is crucial to know if the tank is actually empty or still has a significant amount of petrol.

Another complaint reads, “The gas tank only holds 12.513 gallons with a range of 425-450 at most, in contrast to Toyota’s statements in their advertising and specifications that the tank holds 17.1 gallons and the car has a range of 598 miles. I confirmed this is out of specification with Toyota, and they claimed the tank will only hold 14 gallons and the range will make the decision on its own. I worry that I will run out of gas because I use the car for long distances and bought it because of the tank capacity and range.

Toyota has not yet commented on this issue or any other fuel-related problems. Given the numerous class action cases involving malfunctioning fuel pumps that were improperly serviced on other models, it makes sense that the firm would like to remain silent. On the current course of events, it won’t be long before this “improved model encounters the same kind of litigation.

Do Toyota Highlanders have issues with their transmissions?

In order to enable you to drive at the correct speed, the gearbox transfers power from the motor to your wheels.

Given that the transmission must convert the exact quantity of power for the required speed,

The Toyota Highlander is an upscale SUV.

Mitsubishi Outlander Consider driving this Toyota luxury SUV, which comes with optional leather-trimmed front and second-row seats. The superb styling continues in other ways. Faux wood door decor, chrome inside door handles, and a power panoramic view moonroof are all optional but add refinement.

Do Toyota Highlanders handle snow well?

Can a Toyota Highlander Handle Snow Well? The Toyota Highlander performs exceptionally well in snow because to its raised and commanding ride height. This elevates it above many other cars in terms of drivability in snow, along with its assortment of safety measures from the Toyota Star Safety system.