Depreciation
The depreciation graph and accompanying table on our page detail how the 2002 TOYOTA HIGHLANDER's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2002 TOYOTA HIGHLANDER in 2002 was $41,405.
The average price for used 2002 TOYOTA HIGHLANDER nowadays in 2024 is $6,000 which is 14% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2002 TOYOTA HIGHLANDER. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2002 TOYOTA HIGHLANDER in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2002 MSRP | 0 mi | $41,405 | — | — | 100% | 0% |
| 2002 | 11,461 mi | $47,195 | −$5,790 | −13.98% | 113.98% | -13.98% |
| 2003 | 22,922 mi | $39,900 | +$7,295 | +15.46% | 96.37% | 3.63% |
| 2004 | 34,383 mi | $37,499 | +$2,401 | +6.02% | 90.57% | 9.43% |
| 2005 | 45,844 mi | $35,508 | +$1,991 | +5.31% | 85.76% | 14.24% |
| 2006 | 57,305 mi | $33,452 | +$2,056 | +5.79% | 80.79% | 19.21% |
| 2007 | 68,766 mi | $29,355 | +$4,097 | +12.25% | 70.9% | 29.1% |
| 2008 | 80,227 mi | $26,998 | +$2,357 | +8.03% | 65.2% | 34.8% |
| 2009 | 91,688 mi | $24,990 | +$2,008 | +7.44% | 60.36% | 39.64% |
| 2010 | 103,149 mi | $21,996 | +$2,994 | +11.98% | 53.12% | 46.88% |
| 2011 | 114,610 mi | $19,999 | +$1,997 | +9.08% | 48.3% | 51.7% |
| 2012 | 126,071 mi | $18,971 | +$1,028 | +5.14% | 45.82% | 54.18% |
| 2013 | 137,532 mi | $15,995 | +$2,976 | +15.69% | 38.63% | 61.37% |
| 2014 | 148,993 mi | $14,400 | +$1,595 | +9.97% | 34.78% | 65.22% |
| 2015 | 160,454 mi | $12,990 | +$1,410 | +9.79% | 31.37% | 68.63% |
| 2016 | 171,915 mi | $11,895 | +$1,095 | +8.43% | 28.73% | 71.27% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA HIGHLANDER’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2002 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 45,000 mi | $10,900 | 11 sales |
| 60,000 mi | $13,500 | 19 sales |
| 65,000 mi | $8,993 | 24 sales |
| 70,000 mi | $11,598 | 19 sales |
| 75,000 mi | $9,198 | 40 sales |
| 80,000 mi | $8,199 | 19 sales |
| 85,000 mi | $8,900 | 27 sales |
| 90,000 mi | $9,700 | 27 sales |
| 95,000 mi | $8,981 | 28 sales |
| 100,000 mi | $7,997 | 66 sales |
| 105,000 mi | $7,596 | 38 sales |
| 110,000 mi | $7,995 | 42 sales |
| 115,000 mi | $7,990 | 48 sales |
| 120,000 mi | $7,886 | 52 sales |
| 125,000 mi | $7,595 | 70 sales |
| 130,000 mi | $6,997 | 78 sales |
| 135,000 mi | $6,999 | 89 sales |
| 140,000 mi | $6,898 | 104 sales |
| 145,000 mi | $6,990 | 86 sales |
| 150,000 mi | $6,480 | 97 sales |
| 155,000 mi | $6,991 | 89 sales |
| 160,000 mi | $6,500 | 107 sales |
| 165,000 mi | $6,498 | 135 sales |
| 170,000 mi | $6,034 | 98 sales |
| 175,000 mi | $5,997 | 92 sales |
| 180,000 mi | $6,599 | 83 sales |
| 185,000 mi | $5,995 | 95 sales |
| 190,000 mi | $5,976 | 72 sales |
| 195,000 mi | $5,890 | 86 sales |
| 200,000 mi | $5,499 | 63 sales |
| 205,000 mi | $5,925 | 79 sales |
| 210,000 mi | $5,696 | 60 sales |
| 215,000 mi | $5,924 | 59 sales |
| 220,000 mi | $4,998 | 34 sales |
| 225,000 mi | $4,992 | 34 sales |
| 230,000 mi | $5,000 | 43 sales |
| 235,000 mi | $4,600 | 38 sales |
| 240,000 mi | $5,775 | 23 sales |
| 245,000 mi | $5,977 | 34 sales |
| 250,000 mi | $4,750 | 36 sales |
| 255,000 mi | $4,995 | 23 sales |
| 260,000 mi | $5,587 | 16 sales |
| 270,000 mi | $3,895 | 14 sales |
| 275,000 mi | $5,907 | 10 sales |
| 285,000 mi | $5,495 | 15 sales |
Frequently asked questions
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Other years of TOYOTA HIGHLANDER
2004 TOYOTA HIGHLANDER
$6,900 average used price
9,000+ sales records
2005 TOYOTA HIGHLANDER
$6,993 average used price
11,500+ sales records
2009 TOYOTA HIGHLANDER
$10,950 average used price
14,100+ sales records
2010 TOYOTA HIGHLANDER
$11,895 average used price
22,000+ sales records
2018 TOYOTA HIGHLANDER
$26,998 average used price
160,600+ sales records
2021 TOYOTA HIGHLANDER
$35,508 average used price
191,800+ sales records
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2002 TOYOTA HIGHLANDER on BADVIN
