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
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Aftermarket modifications can affect the depreciation of 2004 TOYOTA HIGHLANDER either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of TOYOTA HIGHLANDER
2008 TOYOTA HIGHLANDER
$9,976 average used price
26,200+ sales records
2009 TOYOTA HIGHLANDER
$10,950 average used price
14,100+ sales records
2011 TOYOTA HIGHLANDER
$12,990 average used price
23,800+ sales records
2016 TOYOTA HIGHLANDER
$21,996 average used price
99,400+ sales records
2017 TOYOTA HIGHLANDER
$24,990 average used price
121,600+ sales records
2020 TOYOTA HIGHLANDER
$33,452 average used price
126,600+ sales records
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