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highlander

2004 TOYOTA HIGHLANDER
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2004 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) 2004 TOYOTA HIGHLANDER in 2004 was $41,405.
The average price for used 2004 TOYOTA HIGHLANDER nowadays in 2024 is $6,900 which is 17% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2004 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 2004 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.
YearAverage MileageAverage Price% Left% Lost
2004 MSRP0 mi$41,405100%0%
200411,461 mi$47,195−$5,790−13.98%113.98%-13.98%
200522,922 mi$39,900+$7,295+15.46%96.37%3.63%
200634,383 mi$37,499+$2,401+6.02%90.57%9.43%
200745,844 mi$35,508+$1,991+5.31%85.76%14.24%
200857,305 mi$33,452+$2,056+5.79%80.79%19.21%
200968,766 mi$29,355+$4,097+12.25%70.9%29.1%
201080,227 mi$26,998+$2,357+8.03%65.2%34.8%
201191,688 mi$24,990+$2,008+7.44%60.36%39.64%
2012103,149 mi$21,996+$2,994+11.98%53.12%46.88%
2013114,610 mi$19,999+$1,997+9.08%48.3%51.7%
2014126,071 mi$18,971+$1,028+5.14%45.82%54.18%
2015137,532 mi$15,995+$2,976+15.69%38.63%61.37%
2016148,993 mi$14,400+$1,595+9.97%34.78%65.22%
2017160,454 mi$12,990+$1,410+9.79%31.37%68.63%
2018171,915 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 2004 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
45,000 mi$12,11017 sales
55,000 mi$12,99410 sales
60,000 mi$11,50013 sales
65,000 mi$11,54521 sales
70,000 mi$11,66828 sales
75,000 mi$10,97533 sales
80,000 mi$10,69543 sales
85,000 mi$9,95033 sales
90,000 mi$10,49848 sales
95,000 mi$9,87350 sales
100,000 mi$8,99551 sales
105,000 mi$9,00055 sales
110,000 mi$8,99064 sales
115,000 mi$8,99595 sales
120,000 mi$8,99097 sales
125,000 mi$8,450121 sales
130,000 mi$8,47090 sales
135,000 mi$7,995121 sales
140,000 mi$7,996122 sales
145,000 mi$7,500109 sales
150,000 mi$7,850123 sales
155,000 mi$7,49099 sales
160,000 mi$7,200142 sales
165,000 mi$6,995100 sales
170,000 mi$7,000122 sales
175,000 mi$6,995138 sales
180,000 mi$6,900113 sales
185,000 mi$6,995109 sales
190,000 mi$6,37296 sales
195,000 mi$6,499104 sales
200,000 mi$6,000116 sales
205,000 mi$6,31492 sales
210,000 mi$6,29171 sales
215,000 mi$5,99966 sales
220,000 mi$5,02562 sales
225,000 mi$5,99570 sales
230,000 mi$5,29854 sales
235,000 mi$5,05042 sales
240,000 mi$4,99526 sales
245,000 mi$5,70045 sales
250,000 mi$5,88838 sales
255,000 mi$4,99027 sales
260,000 mi$5,63616 sales
265,000 mi$4,50016 sales
270,000 mi$6,99513 sales
275,000 mi$4,97712 sales
280,000 mi$4,63412 sales
295,000 mi$4,99911 sales
Frequently asked questions
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
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.
Proper maintenance and good condition can slow the depreciation of a 2004 TOYOTA HIGHLANDER by making it more attractive to potential buyers, thereby preserving more of its value.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of TOYOTA HIGHLANDER
highlander
2005 TOYOTA HIGHLANDER
$6,993 average used price
11,500+ sales records
highlander
2011 TOYOTA HIGHLANDER
$12,990 average used price
23,800+ sales records
highlander
2016 TOYOTA HIGHLANDER
$21,996 average used price
99,400+ sales records
highlander
2020 TOYOTA HIGHLANDER
$33,452 average used price
126,600+ sales records
highlander
2021 TOYOTA HIGHLANDER
$35,508 average used price
191,800+ sales records
highlander
2024 TOYOTA HIGHLANDER
$47,195 average used price
2,400+ sales records
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