How Much Should I Pay: Pre-Owned 2008 Toyota Highlander (Updated)
January 6th, 2009

Question From Dan: How much for a used 08 highlander AWD 20k mi? Will price drop over the next few months?
Follow Up Comment: Base model, 4wd is the only option we need to have. We could buy from either a dealership or private party. Thanks for your help - I’ll pass the word on.
Queen of the Road: Welcome to AutoBragBlog, Dan! We definitely have prices for Highlanders. Cars can constantly depreciating, but it’s hard to factor if prices will lower next month. It will lower if you prepare yourself to negotiate. This will help: Car Buying Tips From An Insider.
For a 2008 Toyota Highlander 4WD V6 with 20,000 miles, wholesale prices range from $19,400 (being in above average condition) to $18,700 (being in average condition) and $18,000 (being in below average condition). Keep in mind that the numbers above are the wholesale prices.
A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $20,000 to $21,500. Private seller should range around +5%-10% above wholesale prices.
Be sure to check carfax and do plenty of research on the history of each vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Best of luck and keep us posted on how the purchase goes!







