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highlander

2008 TOYOTA HIGHLANDER
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2008 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) 2008 TOYOTA HIGHLANDER in 2008 was $41,405.
The average price for used 2008 TOYOTA HIGHLANDER nowadays in 2024 is $9,976 which is 24% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2008 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 2008 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
2008 MSRP0 mi$41,405100%0%
200811,461 mi$47,195−$5,790−13.98%113.98%-13.98%
200922,922 mi$39,900+$7,295+15.46%96.37%3.63%
201034,383 mi$37,499+$2,401+6.02%90.57%9.43%
201145,844 mi$35,508+$1,991+5.31%85.76%14.24%
201257,305 mi$33,452+$2,056+5.79%80.79%19.21%
201368,766 mi$29,355+$4,097+12.25%70.9%29.1%
201480,227 mi$26,998+$2,357+8.03%65.2%34.8%
201591,688 mi$24,990+$2,008+7.44%60.36%39.64%
2016103,149 mi$21,996+$2,994+11.98%53.12%46.88%
2017114,610 mi$19,999+$1,997+9.08%48.3%51.7%
2018126,071 mi$18,971+$1,028+5.14%45.82%54.18%
2019137,532 mi$15,995+$2,976+15.69%38.63%61.37%
2020148,993 mi$14,400+$1,595+9.97%34.78%65.22%
2021160,454 mi$12,990+$1,410+9.79%31.37%68.63%
2022171,915 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 2008 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
50,000 mi$18,99713 sales
55,000 mi$16,90013 sales
60,000 mi$15,99521 sales
65,000 mi$14,99932 sales
70,000 mi$14,99529 sales
75,000 mi$13,99539 sales
80,000 mi$13,49742 sales
85,000 mi$13,99549 sales
90,000 mi$13,99551 sales
95,000 mi$12,99586 sales
100,000 mi$12,99163 sales
105,000 mi$11,99577 sales
110,000 mi$12,677112 sales
115,000 mi$12,500137 sales
120,000 mi$12,480133 sales
125,000 mi$11,900139 sales
130,000 mi$11,995142 sales
135,000 mi$11,566164 sales
140,000 mi$11,455183 sales
145,000 mi$10,995197 sales
150,000 mi$10,988184 sales
155,000 mi$10,888173 sales
160,000 mi$10,497177 sales
165,000 mi$9,995190 sales
170,000 mi$9,991197 sales
175,000 mi$9,999162 sales
180,000 mi$9,295142 sales
185,000 mi$9,647164 sales
190,000 mi$8,995116 sales
195,000 mi$8,983128 sales
200,000 mi$8,500136 sales
205,000 mi$7,988129 sales
210,000 mi$8,50078 sales
215,000 mi$8,77393 sales
220,000 mi$7,99592 sales
225,000 mi$7,63868 sales
230,000 mi$7,65047 sales
235,000 mi$7,90027 sales
240,000 mi$7,45049 sales
245,000 mi$7,54732 sales
250,000 mi$6,99531 sales
255,000 mi$6,94826 sales
260,000 mi$7,50422 sales
265,000 mi$6,95015 sales
270,000 mi$6,45510 sales
275,000 mi$6,94620 sales
280,000 mi$6,99514 sales
Frequently asked questions
Proper maintenance and good condition can slow the depreciation of a 2008 TOYOTA HIGHLANDER by making it more attractive to potential buyers, thereby preserving more of its 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.
Depreciation directly affects the resale value of a 2008 TOYOTA HIGHLANDER, with faster depreciating vehicles typically having lower resale values over time.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of TOYOTA HIGHLANDER
highlander
2004 TOYOTA HIGHLANDER
$6,900 average used price
9,000+ sales records
highlander
2006 TOYOTA HIGHLANDER
$6,999 average used price
13,900+ sales records
highlander
2017 TOYOTA HIGHLANDER
$24,990 average used price
121,600+ sales records
highlander
2019 TOYOTA HIGHLANDER
$29,355 average used price
230,700+ sales records
highlander
2021 TOYOTA HIGHLANDER
$35,508 average used price
191,800+ sales records
highlander
2023 TOYOTA HIGHLANDER
$39,900 average used price
2,400+ sales records
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