Depreciation
The depreciation graph and accompanying table on our page detail how the 2015 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) 2015 TOYOTA HIGHLANDER in 2015 was $41,405.
The average price for used 2015 TOYOTA HIGHLANDER nowadays in 2024 is $19,999 which is 48% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2015 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 2015 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 | ||
|---|---|---|---|---|---|---|
| 2015 MSRP | 0 mi | $41,405 | — | — | 100% | 0% |
| 2015 | 11,461 mi | $47,195 | −$5,790 | −13.98% | 113.98% | -13.98% |
| 2016 | 22,922 mi | $39,900 | +$7,295 | +15.46% | 96.37% | 3.63% |
| 2017 | 34,383 mi | $37,499 | +$2,401 | +6.02% | 90.57% | 9.43% |
| 2018 | 45,844 mi | $35,508 | +$1,991 | +5.31% | 85.76% | 14.24% |
| 2019 | 57,305 mi | $33,452 | +$2,056 | +5.79% | 80.79% | 19.21% |
| 2020 | 68,766 mi | $29,355 | +$4,097 | +12.25% | 70.9% | 29.1% |
| 2021 | 80,227 mi | $26,998 | +$2,357 | +8.03% | 65.2% | 34.8% |
| 2022 | 91,688 mi | $24,990 | +$2,008 | +7.44% | 60.36% | 39.64% |
| 2023 | 103,149 mi | $21,996 | +$2,994 | +11.98% | 53.12% | 46.88% |
| 2024 | 114,610 mi | $19,999 | +$1,997 | +9.08% | 48.3% | 51.7% |
| 2025 | 126,071 mi | $18,971 | +$1,028 | +5.14% | 45.82% | 54.18% |
| 2026 | 137,532 mi | $15,995 | +$2,976 | +15.69% | 38.63% | 61.37% |
| 2027 | 148,993 mi | $14,400 | +$1,595 | +9.97% | 34.78% | 65.22% |
| 2028 | 160,454 mi | $12,990 | +$1,410 | +9.79% | 31.37% | 68.63% |
| 2029 | 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 2015 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2015 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 25,000 mi | $26,998 | 17 sales |
| 30,000 mi | $27,817 | 26 sales |
| 35,000 mi | $26,792 | 36 sales |
| 40,000 mi | $25,248 | 36 sales |
| 45,000 mi | $24,926 | 69 sales |
| 50,000 mi | $24,990 | 94 sales |
| 55,000 mi | $24,997 | 133 sales |
| 60,000 mi | $24,628 | 134 sales |
| 65,000 mi | $24,250 | 241 sales |
| 70,000 mi | $23,959 | 244 sales |
| 75,000 mi | $22,990 | 247 sales |
| 80,000 mi | $22,984 | 342 sales |
| 85,000 mi | $22,500 | 356 sales |
| 90,000 mi | $21,976 | 392 sales |
| 95,000 mi | $21,661 | 488 sales |
| 100,000 mi | $21,000 | 416 sales |
| 105,000 mi | $20,998 | 426 sales |
| 110,000 mi | $20,000 | 359 sales |
| 115,000 mi | $19,998 | 335 sales |
| 120,000 mi | $19,792 | 338 sales |
| 125,000 mi | $18,998 | 275 sales |
| 130,000 mi | $18,524 | 254 sales |
| 135,000 mi | $18,888 | 243 sales |
| 140,000 mi | $17,994 | 203 sales |
| 145,000 mi | $17,542 | 156 sales |
| 150,000 mi | $17,575 | 144 sales |
| 155,000 mi | $16,995 | 114 sales |
| 160,000 mi | $16,846 | 116 sales |
| 165,000 mi | $16,486 | 83 sales |
| 170,000 mi | $16,281 | 57 sales |
| 175,000 mi | $16,290 | 67 sales |
| 180,000 mi | $15,499 | 42 sales |
| 185,000 mi | $15,399 | 34 sales |
| 190,000 mi | $14,995 | 47 sales |
| 195,000 mi | $14,844 | 27 sales |
| 200,000 mi | $13,497 | 25 sales |
| 205,000 mi | $13,995 | 11 sales |
| 210,000 mi | $13,993 | 14 sales |
Frequently asked questions
Proper maintenance and good condition can slow the depreciation of a 2015 TOYOTA HIGHLANDER by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Depreciation directly affects the resale value of a 2015 TOYOTA HIGHLANDER, with faster depreciating vehicles typically having lower resale values over time.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
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
2012 TOYOTA HIGHLANDER
$14,400 average used price
43,300+ sales records
2017 TOYOTA HIGHLANDER
$24,990 average used price
121,600+ 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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