How much does a Toyota Highlander 2020 cost?
The Toyota Highlander 2020 is a popular midsize SUV known for its reliability, comfort, and advanced features. Whether you're considering purchasing a new or used model, understanding the cost is essential for budgeting and making an informed decision. In this article, we’ll break down the price range for the Toyota Highlander 2020 and the factors that influence its cost.
New Toyota Highlander 2020 Price Range
When the Toyota Highlander 2020 was first released, its price varied depending on the trim level and optional features. Here’s a breakdown of the starting MSRP (Manufacturer’s Suggested Retail Price) for the different trims:
- L Trim: Starting at approximately $34,600
- LE Trim: Starting at approximately $36,800
- XLE Trim: Starting at approximately $39,600
- Limited Trim: Starting at approximately $43,650
- Platinum Trim: Starting at approximately $46,850
These prices reflect the base models without additional packages or upgrades. Adding features like all-wheel drive (AWD), premium audio systems, or advanced safety packages can increase the cost.
Used Toyota Highlander 2020 Price Range
As of 2025, the price of a used Toyota Highlander 2020 depends on factors such as mileage, condition, location, and trim level. On average, you can expect to pay:
- Low-Mileage Models (Under 30,000 miles): $30,000 to $38,000
- Moderate-Mileage Models (30,000 to 60,000 miles): $25,000 to $32,000
- High-Mileage Models (Over 60,000 miles): $20,000 to $28,000
Keep in mind that certified pre-owned (CPO) vehicles typically cost more due to the added warranty and inspection process, but they offer peace of mind for buyers.
Factors That Influence the Cost
Several factors can impact the price of a Toyota Highlander 2020, whether new or used:
- Trim Level: Higher trims with more features and luxury options will cost more.
- Mileage: Lower mileage generally means a higher price for used vehicles.
- Condition: Well-maintained vehicles with no accidents or damage command higher prices.
- Location: Prices can vary based on regional demand and availability.
- Market Trends: Fluctuations in the used car market can affect pricing.
Conclusion
The Toyota Highlander 2020 remains a solid choice for families and individuals seeking a reliable and versatile SUV. Whether you’re buying new or used, understanding the price range and factors influencing cost will help you make a smart purchase. If you’re considering a used model, be sure to have it inspected by a trusted mechanic to ensure it’s in good condition. At Kevin’s Autos, we’re always here to help with your car maintenance and repair needs!
Frequently Asked Questions
What should I pay for a new Toyota Highlander?
The price of the 2025 Toyota Highlander starts at $40,970 and goes up to $53,375 depending on the trim and options.
What is the difference between a 2020 Highlander XLE and Limited?
Key Features & Specs
Experience an interior decked out with creature comforts and premium features in the 2020 Toyota Highlander Limited trim. Includes XLE features, plus: Reverse tilt-down outside mirror memory function. LED-strip daytime running lights.
Is Toyota Highlander a luxury car?
Imagine yourself cruising in a Toyota Highlander luxury SUV with available leather-trimmed front and second-row seats. The superior styling doesn't stop there. Add sophistication with available faux wood door trim, available chrome-finished interior door handles, and available Power Panoramic View Moonroof.
Is the Toyota Highlander 2020 reliable?
With plenty of room to haul the fam and your stuff, the 2020 Highlander and Highlander Hybrid are two handsome options in the mid-size-SUV segment that carry Toyota's rock-solid reputation for reliability.
Is XLE or Limited better?
While no trim is better than the other, one Highlander trim may have more suitable features for what you need in an SUV. The Highlander Limited is higher on the trim list compared to the XLE and adds upgrades like the 12.3-inch touchscreen and 11-speaker JBL sound system.
Is Toyota Highlander high maintenance?
According to Toyota, budget around \$500 per year for a Highlander's regular maintenance like oil changes, tire rotations, fluid flushes, etc. Highlanders are very reliable vehicles, so major repairs are infrequent. However, parts and labor can be expensive when they are needed.
How much does a fully loaded Toyota Highlander cost?
The 2025 Toyota Highlander has a starting sticker price of $40,970, with the range-topping Highlander Platinum kicking off at $53,375. But Kelley Blue Book Fair Purchase Pricing currently suggests paying $779 to $1,015 less than MSRP, depending on trim and equipment. These prices are updated weekly.
Which is better Toyota Highlander LE or XLE?
Both trims are priced affordably, considering what they have to offer. But the MSRP for the Highlander LE comes in a little lower than the Highlander XLE. This is to be expected since the Highlander XLE is a higher tier in the trim levels and offers more features.
How many miles will a 2020 Toyota Highlander last?
250,000-300,000 miles
If you notice a Toyota Highlander, it's more than safe to invest in it. With a lifespan of 250,000-300,000 miles, you might be able to get a decade out of the car before you must pay for any serious issues. If it's cheap, it's well worth the investment if you're looking for a three-row vehicle from the brand.
What is the best year for a Highlander?
Particularly, the 2006-2007 and 2016–2019 models are known for their reliability and value. Some Toyota Highlander model years to avoid due to known issues are the early 2001–2002 models with mechanical problems and the 2008 models, which faced numerous recalls and complaints.
