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Toyota Highlander Prices & Markups

Across 2,422 listed Toyota Highlanders nationwide, the average markup is +$150 vs MSRP and 55% are listed at or below sticker, with a median advertised price of $55,141. Updated daily.

The standard Highlander — both gas and hybrid — is in the late phase of its current generation, with a redesign expected for 2027. Buyers face a real decision: take the mature, known-quantity platform at heavily-discounted pricing now, or wait for the redesigned model with unproven first-year reliability and likely supply constraints.

Most Highlander inventory today sits below MSRP. The XLE AWD Hybrid is the volume trim and the easiest to find with $1,000–$3,000 in stacked discounts from manufacturer rebates and dealer concession. The Limited and Platinum trims hold pricing firmer but still negotiate.

The L and LE entry trims are the value plays — they share the same hybrid powertrain as the higher trims, and the comfort gap, while present, is smaller than the price gap suggests. For families who want a three-row Toyota without spending $50K+, the LE Hybrid is the right answer at present pricing.

A note on filtering: Toyota's inventory feed historically merges Highlander gas and Highlander Hybrid trims into a single bucket (unlike Grand Highlander, which splits them cleanly). To find a specific hybrid trim, use the trim filter on the listings page rather than expecting a separate model option.

By Marcus Bell, Editor · Updated May 12, 2026

1,506

Available of 2,422

+$150

Avg Markup

55.4%

At/Below MSRP

$55,141

Median Price

Only about 62% are actually available. 38% of the 2,422 listed Toyota Highlanders are already spoken for — pre-sold or on a dealer hold (allocated to a customer), not really for sale. Don’t trust an “in stock” label: confirm a specific car isn’t a hold before you drive over.

Price range: $45,290 to $69,873.

MSRP Trend

Median sticker by month listed

Over the last 6 months, the typical Toyota Highlander sticker has held steady — a median MSRP of $53,916 in Apr ’26 versus $54,674 in Sep ’26 (+1.4%).

Apr ’26May ’26Jun ’26Jul ’26Aug ’26Sep ’26$53,916$54,674

Median factory MSRP of Highlanders grouped by the month each was first listed (active + sold), Apr ’26–Sep ’26. Based on 0257820181875283335922973 listings. Reflects sticker price, not the dealer's selling price.

Markup Trend

What buyers paid vs MSRP, by week sold

Over the last 12 weeks, what buyers paid for the Toyota Highlander versus MSRP has held steady — from +$154 the week of Jul 20 to +$196 the week of Oct 5 (about $196 over MSRP now).

MSRPJul 20Aug 3Aug 17Aug 31Sep 14Sep 28Oct 5+$154+$196

Average selling price vs MSRP for Highlanders by the week they sold (left the lot), Jul 20–Oct 5. Based on 8,454 sales. Positive = sold over MSRP, negative = below.

Markup Distribution

How the current Highlander inventory splits across the markup spectrum. The shape matters more than the average — a tight cluster reads very differently from a bimodal market.

2,422 vehicles with a known MSRP

Under MSRP
15%
362
At MSRP
40%
979
$0–$1K over
32%
784
$1K–$3K over
10%
252
$3K+ over
2%
45

Markup by Listing Age

Highlander markup holds fairly steady across listing age — neither aging stock nor fresh arrivals price very differently right now.

0–15 days
62% ≤ MSRP
+$135
16–30 days
53% ≤ MSRP
+$243
31–45 days
58% ≤ MSRP
-$88
46–60 days
50% ≤ MSRP
+$95
61–90 days
54% ≤ MSRP
-$56
90+ days
58% ≤ MSRP
+$64

A market snapshot — current listings grouped by how long each has been on the lot, not the same vehicle tracked over time. Bars show the share at or below MSRP; the figure on the right is the average markup for that age band.

How fast Highlanders sell

Based on 8,590 Highlander listings that left dealer lots in the last 90 days.

24

Median days to sell

+$209

Avg sold vs MSRP

60%

Sold at/below MSRP

Recent Highlander sales closed around $209 over MSRP, in line with what's currently listed.

“Sold” = listings that left dealer inventory; a small share may be de-listed rather than sold. Markup figures exclude implausible feed prices.

Top States

StateCountAvg MarkupBelow MSRP
Texas233+$23849.4%
California216+$32119.0%
Florida215+$28968.8%
New York172+$41843.0%
North Carolina103+$779.6%
Massachusetts101+$1448.5%
Georgia90+$30668.9%
Pennsylvania87+$366.7%
New Jersey82+$43745.1%
Ohio64-$5262.5%
Washington59-$14761.0%
Alabama55+$2565.5%
Oregon52-$1,43173.1%
Virginia50+$19862.0%
South Carolina49+$12085.7%
Tennessee44+$1,13731.8%
Illinois43-$35360.5%
Louisiana42+$25454.8%
Mississippi42+$30166.7%
Connecticut42-$13183.3%
See every state ranked by markup — the cheapest states to buy a Highlander →

Best-Priced Dealers

DealerCountAvg Markup
Beaverton Toyota

Beaverton, OR

8-$5,271
Evans Toyota

Fort Wayne, IN

1-$4,252
Napleton's Toyota of Urbana

Urbana, IL

1-$4,147
Germain Toyota of Dundee

Dundee, MI

1-$4,116
Classic Toyota

Waukegan, IL

1-$4,107
Albany Toyota

Albany, OR

1-$3,915
Haley Toyota of Roanoke

Roanoke, VA

1-$3,883
AutoNation Toyota Buena Park

Buena Park, CA

3-$3,735
Toyota of Fort Walton Beach

Ft Walton Beach, FL

1-$3,722
Coughlin Toyota

Heath, OH

1-$3,714