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highlander

2020 TOYOTA HIGHLANDER
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2020 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) 2020 TOYOTA HIGHLANDER in 2020 was $41,405.
The average price for used 2020 TOYOTA HIGHLANDER nowadays in 2024 is $33,452 which is 81% from the original price.
Estimated mileage driven per year is 11,461 miles.
The graph below is a depreciation curve for 2020 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 2020 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
2020 MSRP0 mi$41,405100%0%
202011,461 mi$47,195−$5,790−13.98%113.98%-13.98%
202122,922 mi$39,900+$7,295+15.46%96.37%3.63%
202234,383 mi$37,499+$2,401+6.02%90.57%9.43%
202345,844 mi$35,508+$1,991+5.31%85.76%14.24%
202457,305 mi$33,452+$2,056+5.79%80.79%19.21%
202568,766 mi$29,355+$4,097+12.25%70.9%29.1%
202680,227 mi$26,998+$2,357+8.03%65.2%34.8%
202791,688 mi$24,990+$2,008+7.44%60.36%39.64%
2028103,149 mi$21,996+$2,994+11.98%53.12%46.88%
2029114,610 mi$19,999+$1,997+9.08%48.3%51.7%
2030126,071 mi$18,971+$1,028+5.14%45.82%54.18%
2031137,532 mi$15,995+$2,976+15.69%38.63%61.37%
2032148,993 mi$14,400+$1,595+9.97%34.78%65.22%
2033160,454 mi$12,990+$1,410+9.79%31.37%68.63%
2034171,915 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 2020 TOYOTA HIGHLANDER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA HIGHLANDER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
5,000 mi$41,04422 sales
10,000 mi$36,99573 sales
15,000 mi$37,780213 sales
20,000 mi$36,000366 sales
25,000 mi$35,890577 sales
30,000 mi$34,890772 sales
35,000 mi$34,987876 sales
40,000 mi$33,987773 sales
45,000 mi$33,802629 sales
50,000 mi$32,803578 sales
55,000 mi$32,979436 sales
60,000 mi$31,988367 sales
65,000 mi$31,509266 sales
70,000 mi$30,981249 sales
75,000 mi$30,492172 sales
80,000 mi$29,988144 sales
85,000 mi$29,595103 sales
90,000 mi$29,13984 sales
95,000 mi$29,20064 sales
100,000 mi$27,48836 sales
105,000 mi$25,98629 sales
110,000 mi$25,88520 sales
115,000 mi$26,69810 sales
Frequently asked questions
Depreciation directly affects the resale value of a 2020 TOYOTA HIGHLANDER, with faster depreciating vehicles typically having lower resale values over time.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Aftermarket modifications can affect the depreciation of 2020 TOYOTA HIGHLANDER either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Other years of TOYOTA HIGHLANDER
highlander
2008 TOYOTA HIGHLANDER
$9,976 average used price
26,200+ sales records
highlander
2009 TOYOTA HIGHLANDER
$10,950 average used price
14,100+ sales records
highlander
2012 TOYOTA HIGHLANDER
$14,400 average used price
43,300+ sales records
highlander
2013 TOYOTA HIGHLANDER
$15,995 average used price
52,900+ sales records
highlander
2015 TOYOTA HIGHLANDER
$19,999 average used price
74,600+ sales records
highlander
2016 TOYOTA HIGHLANDER
$21,996 average used price
99,400+ sales records
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