Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 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) 2018 TOYOTA HIGHLANDER in 2018 was $41,405.
The average price for used 2018 TOYOTA HIGHLANDER nowadays in 2024 is $26,998 which is 65% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2018 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 2018 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 | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $41,405 | — | — | 100% | 0% |
| 2018 | 11,461 mi | $47,195 | −$5,790 | −13.98% | 113.98% | -13.98% |
| 2019 | 22,922 mi | $39,900 | +$7,295 | +15.46% | 96.37% | 3.63% |
| 2020 | 34,383 mi | $37,499 | +$2,401 | +6.02% | 90.57% | 9.43% |
| 2021 | 45,844 mi | $35,508 | +$1,991 | +5.31% | 85.76% | 14.24% |
| 2022 | 57,305 mi | $33,452 | +$2,056 | +5.79% | 80.79% | 19.21% |
| 2023 | 68,766 mi | $29,355 | +$4,097 | +12.25% | 70.9% | 29.1% |
| 2024 | 80,227 mi | $26,998 | +$2,357 | +8.03% | 65.2% | 34.8% |
| 2025 | 91,688 mi | $24,990 | +$2,008 | +7.44% | 60.36% | 39.64% |
| 2026 | 103,149 mi | $21,996 | +$2,994 | +11.98% | 53.12% | 46.88% |
| 2027 | 114,610 mi | $19,999 | +$1,997 | +9.08% | 48.3% | 51.7% |
| 2028 | 126,071 mi | $18,971 | +$1,028 | +5.14% | 45.82% | 54.18% |
| 2029 | 137,532 mi | $15,995 | +$2,976 | +15.69% | 38.63% | 61.37% |
| 2030 | 148,993 mi | $14,400 | +$1,595 | +9.97% | 34.78% | 65.22% |
| 2031 | 160,454 mi | $12,990 | +$1,410 | +9.79% | 31.37% | 68.63% |
| 2032 | 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 2018 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $32,999 | 23 sales |
| 15,000 mi | $34,168 | 45 sales |
| 20,000 mi | $32,998 | 81 sales |
| 25,000 mi | $32,953 | 93 sales |
| 30,000 mi | $31,313 | 154 sales |
| 35,000 mi | $31,475 | 234 sales |
| 40,000 mi | $30,786 | 308 sales |
| 45,000 mi | $29,998 | 382 sales |
| 50,000 mi | $29,900 | 439 sales |
| 55,000 mi | $28,998 | 490 sales |
| 60,000 mi | $28,761 | 603 sales |
| 65,000 mi | $27,992 | 506 sales |
| 70,000 mi | $27,500 | 536 sales |
| 75,000 mi | $26,977 | 503 sales |
| 80,000 mi | $26,490 | 440 sales |
| 85,000 mi | $25,990 | 412 sales |
| 90,000 mi | $25,361 | 337 sales |
| 95,000 mi | $24,998 | 309 sales |
| 100,000 mi | $24,949 | 217 sales |
| 105,000 mi | $24,495 | 139 sales |
| 110,000 mi | $23,981 | 139 sales |
| 115,000 mi | $23,687 | 137 sales |
| 120,000 mi | $22,761 | 100 sales |
| 125,000 mi | $22,997 | 74 sales |
| 130,000 mi | $21,425 | 53 sales |
| 135,000 mi | $21,162 | 43 sales |
| 140,000 mi | $20,771 | 17 sales |
| 145,000 mi | $19,999 | 12 sales |
| 150,000 mi | $20,141 | 14 sales |
| 160,000 mi | $18,498 | 16 sales |
| 165,000 mi | $19,105 | 10 sales |
Frequently asked questions
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
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.
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.
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.
Aftermarket modifications can affect the depreciation of 2018 TOYOTA HIGHLANDER either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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
2001 TOYOTA HIGHLANDER
$5,999 average used price
2,800+ sales records
2005 TOYOTA HIGHLANDER
$6,993 average used price
11,500+ sales records
2006 TOYOTA HIGHLANDER
$6,999 average used price
13,900+ sales records
2012 TOYOTA HIGHLANDER
$14,400 average used price
43,300+ sales records
2013 TOYOTA HIGHLANDER
$15,995 average used price
52,900+ sales records
2015 TOYOTA HIGHLANDER
$19,999 average used price
74,600+ sales records
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