Skip to main content

Getting a new vehicle can be expensive. Many consumers believe that buying new cars is a waste of money because of depreciation. New models can lose a large chunk of their total value as soon as they roll off the lot. So, if you’re budget-conscious, a used family SUV is the way to go. This Toyota hybrid SUV provides incredible value for the money.

The 2018 Toyota Highlander Hybrid is a steal for under $24K

A white 2018 Toyota Highlander Hybrid midsize hybrid SUV in motion.
The 2018 Toyota Highlander Hybrid | Toyota

Toyota is known for its contributions to the hybrid space. It’s a pioneer in hybrid technology, and the brand has produced some of the most impactful hybrid nameplates to date. The Highlander Hybrid combines the practicality and reliability you’d expect of a Toyota with the efficiency of a hybrid.

2018 Toyota Highlander Hybrid specs

Starting MSRP$36,870
Base Engine 3.6-Liter V6 and 3 Electric Motors
Power Output306 Horsepower/215 LB-FT of Torque
MPG29 MPG City, 27 MPG Highway
2018 Toyota Highlander Hybrid specs.

Thanks to depreciation, drivers can score a used 2018 Highlander Hybrid for less than 70% of its original MSRP. A used 2018 model year has a fair purchase price of $24,000 and below, assuming it has racked up roughly 73,000 miles or fewer.

A used 2018 Toyota Highlander Hybrid with less than 73K miles can last for an additional five to eight years of ownership before experiencing any major mechanical issues. Used Highlander Hybrids can last beyond 200,000 miles when properly maintained.

If you’re on a tight budget and need an affordable, practical family SUV that seats at least four passengers, this used hybrid SUV is a great choice. Its stellar fuel economy and healthy power output provide a pleasant ownership experience. Furthermore, the 2018 Highlander Hybrid comes with great standard features like a leather-wrapped steering wheel, keyless entry, and heated side mirrors.

The 2020 Toyota Highlander Hybrid is a great long-term SUV

If you want to own a family SUV with less mileage than the 2018 Highlander Hybrid, the 2020 Highlander Hybrid is a great alternative. Drivers can find a 2020 Toyota Highlander Hybrid with fewer than 51,000 miles for $33,000 or less. That’s roughly a 15% price decrease from its original MSRP. A Highlander Hybrid with under 51K miles can last for an additional six to 10 years of ownership.

2020 Toyota Highlander Hybrid specs

Starting MSRP$39,320
Base Engine 2.5-liter Four-Cylinder and Two Electric Motors
Power Output 243 Horsepower/175 LB-FT of Torque
MPG36 MPG City, 35 MPG Highway

A used 2020 Highlander Hybrid midsize SUV provides an ownership experience that is closer to that of a new vehicle than the 2018 model. It costs significantly more, but the hybrid SUV provides great value over time for the money since it lasts so long and has excellent fuel economy for its size.

The Toyota Highlander Hybrid is underrated

A blue Toyota Highlander Hybrid midsize hybrid SUV is parked.
The Toyota Highlander Hybrid | Toyota

2023 Toyota Highlander Hybrid vs. 2023 Toyota Sienna: Hybrid Family Hauler Fight

Toyota makes some of the finest hybrid vehicles on the market. Its Highlander Hybrid midsize SUV consistently delivers incredible value for the money in terms of practicality, reliability, and efficiency.

The Highlander Hybrid doesn’t get the credit it deserves for being one of the best family SUVs that money can buy. If you’re on a tight budget and need a family SUV, a used Highlander Hybrid could be the perfect option.