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.
Year | Average Mileage | Average Price | % Left | % Lost | ||
---|---|---|---|---|---|---|
2004 MSRP | 0 mi | $41,405 | — | — | 100% | 0% |
2004 | 11,461 mi | $47,195 | −$5,790 | −13.98% | 113.98% | -13.98% |
2005 | 22,922 mi | $39,900 | +$7,295 | +15.46% | 96.37% | 3.63% |
2006 | 34,383 mi | $37,499 | +$2,401 | +6.02% | 90.57% | 9.43% |
2007 | 45,844 mi | $35,508 | +$1,991 | +5.31% | 85.76% | 14.24% |
2008 | 57,305 mi | $33,452 | +$2,056 | +5.79% | 80.79% | 19.21% |
2009 | 68,766 mi | $29,355 | +$4,097 | +12.25% | 70.9% | 29.1% |
2010 | 80,227 mi | $26,998 | +$2,357 | +8.03% | 65.2% | 34.8% |
2011 | 91,688 mi | $24,990 | +$2,008 | +7.44% | 60.36% | 39.64% |
2012 | 103,149 mi | $21,996 | +$2,994 | +11.98% | 53.12% | 46.88% |
2013 | 114,610 mi | $19,999 | +$1,997 | +9.08% | 48.3% | 51.7% |
2014 | 126,071 mi | $18,971 | +$1,028 | +5.14% | 45.82% | 54.18% |
2015 | 137,532 mi | $15,995 | +$2,976 | +15.69% | 38.63% | 61.37% |
2016 | 148,993 mi | $14,400 | +$1,595 | +9.97% | 34.78% | 65.22% |
2017 | 160,454 mi | $12,990 | +$1,410 | +9.79% | 31.37% | 68.63% |
2018 | 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 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.
Mileage | Average Price | Sample Size |
---|---|---|
45,000 mi | $12,110 | 17 sales |
55,000 mi | $12,994 | 10 sales |
60,000 mi | $11,500 | 13 sales |
65,000 mi | $11,545 | 21 sales |
70,000 mi | $11,668 | 28 sales |
75,000 mi | $10,975 | 33 sales |
80,000 mi | $10,695 | 43 sales |
85,000 mi | $9,950 | 33 sales |
90,000 mi | $10,498 | 48 sales |
95,000 mi | $9,873 | 50 sales |
100,000 mi | $8,995 | 51 sales |
105,000 mi | $9,000 | 55 sales |
110,000 mi | $8,990 | 64 sales |
115,000 mi | $8,995 | 95 sales |
120,000 mi | $8,990 | 97 sales |
125,000 mi | $8,450 | 121 sales |
130,000 mi | $8,470 | 90 sales |
135,000 mi | $7,995 | 121 sales |
140,000 mi | $7,996 | 122 sales |
145,000 mi | $7,500 | 109 sales |
150,000 mi | $7,850 | 123 sales |
155,000 mi | $7,490 | 99 sales |
160,000 mi | $7,200 | 142 sales |
165,000 mi | $6,995 | 100 sales |
170,000 mi | $7,000 | 122 sales |
175,000 mi | $6,995 | 138 sales |
180,000 mi | $6,900 | 113 sales |
185,000 mi | $6,995 | 109 sales |
190,000 mi | $6,372 | 96 sales |
195,000 mi | $6,499 | 104 sales |
200,000 mi | $6,000 | 116 sales |
205,000 mi | $6,314 | 92 sales |
210,000 mi | $6,291 | 71 sales |
215,000 mi | $5,999 | 66 sales |
220,000 mi | $5,025 | 62 sales |
225,000 mi | $5,995 | 70 sales |
230,000 mi | $5,298 | 54 sales |
235,000 mi | $5,050 | 42 sales |
240,000 mi | $4,995 | 26 sales |
245,000 mi | $5,700 | 45 sales |
250,000 mi | $5,888 | 38 sales |
255,000 mi | $4,990 | 27 sales |
260,000 mi | $5,636 | 16 sales |
265,000 mi | $4,500 | 16 sales |
270,000 mi | $6,995 | 13 sales |
275,000 mi | $4,977 | 12 sales |
280,000 mi | $4,634 | 12 sales |
295,000 mi | $4,999 | 11 sales |
Frequently asked questions
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.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of TOYOTA HIGHLANDER
![highlander](https://i5.badvin.org/6507d4d67ff9b77386227128/highlander-172282.jpg)
2001 TOYOTA HIGHLANDER
$5,999 average used price
2,800+ sales records
![highlander](https://i5.badvin.org/63e855001a2bc953f83308a4/highlander-80334a.jpg)
2003 TOYOTA HIGHLANDER
$6,118 average used price
7,900+ sales records
![highlander](https://i5.badvin.org/66073ae29237be07cc701afa/highlander-a107af.jpg?uid=gst66073ae29237be07cc701afa)
2005 TOYOTA HIGHLANDER
$6,993 average used price
11,500+ sales records
![highlander](https://i5.badvin.org/663d9b1e38b4401ceddd773e/highlander-77dde3.jpg)
2006 TOYOTA HIGHLANDER
$6,999 average used price
13,900+ sales records
![highlander](https://i5.badvin.org/665986806a8322193dc952a1/highlander-259c1a.jpg?uid=gst665986806a8322193dc952a1)
2022 TOYOTA HIGHLANDER
$37,499 average used price
82,900+ sales records
![highlander](https://i5.badvin.org/66594d61de80411a7964632d/highlander-3646d2.jpg)
2024 TOYOTA HIGHLANDER
$47,195 average used price
2,400+ sales records
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