What should I pay for a 2023 Highlander?

In 2025, a 2023 Toyota Highlander is typically found as a used vehicle or a dealer leftover rather than a brand-new model. Prices vary widely based on trim, mileage, condition and location. In broad terms, you can expect roughly mid-$20,000s for base examples with higher miles up to the low-$40,000s or higher for well-maintained hybrids and higher trims with low mileage.

Is a new 2023 Highlander available?

As of 2025, Toyota is no longer manufacturing the 2023 Highlander. Any remaining new stock would be dealer leftovers or unsold certified pre-owned vehicles presented as new-inventory variants. For most buyers, the purchase will be a used 2023 Highlander (or a certified pre-owned option) rather than a true new model.

Current market pricing for used 2023 Highlanders

The following price ranges reflect typical listings in the U.S. market as of 2025 and show how price varies by powertrain and trim. Treat these as starting points for negotiation rather than fixed quotes.

• Gas models




• L (gas): roughly $28,000–$32,000


• LE (gas): roughly $30,000–$34,000


• XLE (gas): roughly $34,000–$38,000


• Limited (gas): roughly $38,000–$43,000


• Platinum (gas): roughly $42,000–$50,000




• Hybrid models




• Hybrid LE: roughly $32,000–$38,000


• Hybrid XLE: roughly $38,000–$44,000


• Hybrid Limited: roughly $44,000–$50,000


• Hybrid Platinum: roughly $48,000–$54,000

Prices vary with mileage, vehicle history, and regional demand. A well-kept example with low miles will command a premium over one with higher miles or uncertain history. Always verify current listings in your area and compare multiple sources.

How to shop for a 2023 Highlander and negotiate

To maximize value and avoid overpaying, use a disciplined approach when shopping for a 2023 Highlander. The following steps help you gauge fair pricing and secure a solid deal.

• Obtain multiple price quotes from local dealers and national marketplaces to establish a sense of the going rate.


• Check the vehicle history report (CARFAX, AutoCheck) and review service records to confirm maintenance and ownership history.


• Arrange a pre-purchase inspection by a trusted mechanic, especially for private-party purchases.


• Consider Certified Pre-Owned (CPO) if you want a warranty and a thorough inspection, which can add value even for a 2023 model.


• Negotiate the out-the-door price (including tax, title, and all fees) rather than focusing solely on the sticker or monthly payment.


• Be prepared to walk away if the price doesn’t meet your target or if the vehicle’s history raises concerns.

By shopping broadly and staying disciplined on price, you can land a 2023 Highlander that fits your budget and preferred trim, while avoiding common negotiation traps.

Summary

The 2023 Highlander is no longer sold as new; buyers today are mainly looking at used or certified pre-owned examples. Expect price bands roughly from the high-$20,000s to the mid-$50,000s depending on trim and hybrid configuration, with lower-mileage hybrids and higher trims at the top end. Do your due diligence with multiple listings, vehicle history checks, and a pre-purchase inspection, and negotiate the out-the-door price to lock in a fair deal.

What year to stay away from a Toyota Highlander?

Years to avoid in the Toyota Highlander include 2003, 2008, 2014, 2015, and 2020 due to common issues like transmission problems, oil leaks, and technology glitches. Other problematic years to consider are 2001-2007 (engine and climate control issues) and 2016-2019 (varying issues including potential oil leaks in some models).
 
This video discusses problems with the Toyota Highlander from 2020 to 2025, including paint issues: 54sCarnivautoYouTube · Feb 11, 2025
Toyota Highlander years to avoid

• 2001–2007: Prone to engine overheating, head gasket failures, and climate control issues like AC compressor and blower motor problems. 
• 2003: A big year for issues, particularly engine oil sludge buildup and premature transmission wear, according to Regan Motors Inc and Clutch. 
• 2008: A redesigned model that experienced oil cooler line leaks, which can cause engine damage if not addressed, and lower-quality interior components. 
• 2014: A recall was issued for the second-row seat assembly that may not lock correctly into the seat track, and there were also reports of issues that might be linked to the transmission, says Clutch and Reddit users. 
• 2015: Experienced growing pains from its redesign, with various reports of growing issues, according to Regan Motors Inc and Clutch. 
• 2020: Experienced early transmission and software problems, say Clutch and Reddit users. 

You can watch this video to learn more about common problems with the 2020-2025 Toyota Highlander: 51sChris DrivesYouTube · Jul 5, 2025

What is the lawsuit against the Toyota Highlander?

Recent and ongoing lawsuits involving the Toyota Highlander address issues such as faulty door lock actuators, a potential transmission defect in certain models, and a claim that 2020-2021 Highlander Hybrids have fuel tanks that do not fill completely. Other recent lawsuits include an investigation into defective power liftgates and a separate class action settlement for a Bluetooth echo defect that affected some Highlanders. 
Current and recent lawsuits

• Door Lock Actuators: A class action lawsuit was filed because many Toyota models, including the Highlander, reportedly have defective door lock actuators that may fail to engage properly. The lawsuit claims owners have been charged for repeated replacements, which Toyota allegedly considered "wear and tear" items. 
• Transmission Defect: Lawsuits allege that certain Highlander models (2017-2022) equipped with the UA80 automatic transmission have a defect that can cause whining, erratic shifting, and premature failure. A Customer Support Program (CSP ZJC) was created but only covers a limited number of vehicles, according to Change.org. 
• Fuel Tank Defect: A class action lawsuit was filed on behalf of owners of 2020-2021 Highlander Hybrids, claiming a defective fuel tank vent causes it to not fill to its capacity. 
• Power Liftgate Defect: Some Highlander models (XU20, XU40, XU50, and Highlander Hybrid MHU28) are reportedly affected by a power liftgate defect that can lead to costly repairs, with the lawsuit alleging Toyota knew about the issue but did not issue a recall or warning. 
• Bluetooth Echo Defect: A class action lawsuit over a Bluetooth defect that caused an echo on calls in certain Toyota models, including the Highlander, resulted in a settlement, notes this article from Unión Rayo and ClassAction.org. 

How to proceed

• Identify your vehicle's details: Determine if your Highlander is included in any of these lawsuits by checking its model year, VIN, and the specific defect alleged.
• Gather evidence: Collect any repair invoices, service records, or documentation related to the defect.
• Contact an attorney: Speak to a lawyer who specializes in consumer or automotive class action lawsuits to understand your options and how you may be affected by an ongoing investigation or settlement. 
• Check settlement websites: Visit official settlement websites if they are available for a specific lawsuit, as they often provide important information and instructions for potential claimants. 

What is the trade in value of a 2023 Toyota Highlander?

The trade-in value for a 2023 Toyota Highlander varies depending on the specific trim, condition, and options, but typically ranges from approximately $27,000 to over $40,000. For example, a base model in average condition might be around $29,122, while a top-tier Platinum model could be around $38,853 or higher. For a more precise valuation, you should use online appraisal tools from services like Edmunds or CarMax. 
Estimated trade-in values by trim (Average condition)

• L: ~$29,122
• LE: Data unavailable in this range, but the L is lower
• XLE: ~$31,464
• XSE: ~$36,223
• Platinum: ~$38,853
• Hybrid: ~$28,944 - $48,478, depending on the appraisal tool 

Factors that influence the value

• Trim level: Higher trims like the Platinum and XSE command higher prices. 
• Condition: The condition of the vehicle is a major factor, with "average" being a common reference point for the estimates above. 
• Mileage and vehicle history: A clean vehicle history and lower mileage will result in a higher trade-in value. 
• Options and features: Specific options, such as a premium sound system or advanced safety features, can impact the final offer. 

How to get an accurate value

• Use online appraisal tools from Edmunds, Kelley Blue Book, or CarMax for a more personalized estimate.
• Get multiple offers from different dealerships or online buyers to compare. 

What is a good price for a 2023 Toyota Highlander?

2023 Toyota Highlander Pricing

	Original MSRP	KBB Fair Purchase Price (national avg.)
LE Sport Utility 4D	$41,955	$32,382
XLE Sport Utility 4D	$44,955	$36,492
XSE Sport Utility 4D	$46,900	$37,710
Limited Sport Utility 4D	$49,560	$38,913