The 2017 Toyota Highlander is a mid-size crossover SUV that has been a favorite among families and adventure seekers alike, thanks to its spacious interior, comfortable ride, and robust capabilities. If you’re considering purchasing a used 2017 Toyota Highlander, understanding its worth is crucial for making an informed decision. In this article, we’ll delve into the factors that influence the value of a used 2017 Toyota Highlander, explore its pricing based on trim levels and conditions, and provide insights into what makes this vehicle a valuable purchase.
Introduction to the 2017 Toyota Highlander
The 2017 Toyota Highlander was part of the third generation of Highlanders, offering significant upgrades and improvements over its predecessors. It was available in several trim levels, including the base LE, LE Plus, XLE, SE, Limited, and the top-of-the-line Limited Platinum. Each trim level offered a unique set of features, with the higher trims boasting more luxurious interior appointments, advanced safety features, and enhanced entertainment systems. The Highlander also came with a choice of two powertrains: a 2.7-liter 4-cylinder engine and a 3.5-liter V6 engine, with the V6 being the more popular choice for its superior power and towing capacity.
Factors Influencing the Value of a Used 2017 Toyota Highlander
The value of a used 2017 Toyota Highlander is influenced by several key factors. Mileage plays a significant role, as vehicles with lower mileage are generally worth more than those with higher mileage. The condition of the vehicle is also crucial, with cars that have been well-maintained and show minimal wear and tear commanding higher prices. The trim level and options can greatly affect the value, as higher trim levels and additional features increase the vehicle’s desirability and price. Furthermore, the location and market demand can impact the vehicle’s worth, as prices can vary significantly from one region to another based on local demand and the availability of similar vehicles.
Assessing Condition and Mileage
When assessing the condition of a used 2017 Toyota Highlander, it’s essential to look for signs of wear and tear, both inside and out. Check for any scratches, dents, or rust spots on the exterior, and inspect the interior for stains, tears, or worn-out upholstery. The mileage is another critical factor, as it can significantly impact the vehicle’s value. A well-maintained Highlander with average to low mileage (less than 80,000 miles) will generally retain a higher value than one with high mileage (over 100,000 miles).
Pricing Based on Trim Levels and Conditions
The pricing of a used 2017 Toyota Highlander varies widely based on the trim level, condition, and mileage. Here’s a general overview of what you might expect to pay for each trim level in good condition and with average mileage (around 50,000 to 70,000 miles):
- The base LE trim can range from $23,000 to $28,000.
- The LE Plus trim can cost between $25,000 and $31,000.
- The XLE trim is priced from $27,000 to $34,000.
- The SE trim, with its sportier features, can range from $29,000 to $36,000.
- The Limited trim, with its more luxurious appointments, is priced from $32,000 to $40,000.
- The top-of-the-line Limited Platinum trim can cost between $36,000 and $45,000.
Additional Costs and Considerations
When purchasing a used 2017 Toyota Highlander, there are additional costs and considerations to keep in mind. Certification fees, if the vehicle is certified pre-owned (CPO), can add a few thousand dollars to the purchase price. Insurance costs will also vary based on the trim level, your location, and your driving history. Furthermore, maintenance and repair costs should be factored into your decision, as the Highlander’s reliability and durability can impact how much you spend over time.
Warranty and Maintenance Considerations
The 2017 Toyota Highlander came with a comprehensive warranty when new, including a 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty. If you’re purchasing a used model that is still under warranty, this can provide peace of mind and protect you against unexpected repair costs. Additionally, regular maintenance is key to extending the life of your vehicle and preventing costly repairs down the road. Be sure to review the maintenance records of any used Highlander you’re considering to ensure it has been properly cared for.
Conclusion
The 2017 Toyota Highlander is a reliable, versatile, and feature-packed SUV that makes an excellent choice for those in the market for a used vehicle. By understanding the factors that influence its value, such as mileage, condition, trim level, and location, you can make an informed decision and find a model that fits your needs and budget. Remember to also consider additional costs, such as certification fees, insurance, and maintenance, to ensure you’re getting the best value for your money. With its proven track record and enduring popularity, a used 2017 Toyota Highlander is a worthwhile investment for anyone seeking a dependable and enjoyable driving experience.
What are the factors that affect the value of a used 2017 Toyota Highlander?
The value of a used 2017 Toyota Highlander is affected by several factors, including its mileage, condition, and trim level. The mileage of the vehicle is a significant factor in determining its value, as high mileage can reduce the vehicle’s worth. Additionally, the condition of the vehicle, including any damage or wear and tear, can also impact its value. The trim level of the vehicle, such as the LE, XLE, or Limited, can also affect its value, as higher trim levels often come with more features and amenities.
The vehicle’s history, including any accidents or previous owners, can also impact its value. A vehicle with a clean history and no major accidents will typically be worth more than one with a checkered past. Furthermore, the demand for the vehicle in the market can also affect its value. If there is high demand for the 2017 Toyota Highlander, its value may be higher than if there is low demand. Other factors, such as the vehicle’s maintenance records and any customizations or upgrades, can also impact its value. By considering these factors, buyers and sellers can get a better understanding of the vehicle’s worth and make informed decisions when buying or selling a used 2017 Toyota Highlander.
What is the average price of a used 2017 Toyota Highlander?
The average price of a used 2017 Toyota Highlander can vary depending on the factors mentioned earlier, such as mileage, condition, and trim level. However, based on current market data, the average price of a used 2017 Toyota Highlander can range from around $25,000 to over $40,000. The base model LE trim can start at around $25,000, while the higher-end Limited trim can cost upwards of $40,000. The mid-level XLE trim can range from around $28,000 to $35,000, depending on the options and features.
It’s worth noting that prices can vary depending on the location, with prices tend to be higher in areas with low inventory and high demand. Additionally, prices can also vary depending on the seller, with dealerships often charging more than private sellers. Buyers can research the market value of the vehicle using tools such as Kelley Blue Book or Edmunds to get a better understanding of the average price of a used 2017 Toyota Highlander in their area. By doing so, they can make informed decisions when purchasing the vehicle and avoid overpaying.
How does the trim level of a 2017 Toyota Highlander affect its value?
The trim level of a 2017 Toyota Highlander can significantly affect its value, as different trims come with varying levels of features, amenities, and capabilities. The base model LE trim is the most basic and affordable, while the higher-end Limited trim comes with more premium features such as leather seats, navigation, and a panoramic moonroof. The mid-level XLE trim offers a balance of features and price, making it a popular choice among buyers. The trim level can impact the vehicle’s value, as higher trims are often more desirable and in demand.
The difference in value between trims can be significant, with the Limited trim often commanding a premium of $5,000 to $10,000 over the base model LE trim. The XLE trim typically falls in between, with a premium of $2,000 to $5,000 over the LE trim. However, the actual difference in value will depend on the specific vehicle, its condition, and the market demand. Buyers should research the different trims and their features to determine which one best fits their needs and budget. By doing so, they can make an informed decision when purchasing a used 2017 Toyota Highlander and get the best value for their money.
What are the most common features and options that affect the value of a 2017 Toyota Highlander?
The most common features and options that affect the value of a 2017 Toyota Highlander include the engine type, transmission, drivetrain, and interior amenities. The vehicle’s engine, such as the 2.7L 4-cylinder or the 3.5L V6, can impact its value, as the more powerful V6 engine is often more desirable. The transmission, such as the 6-speed automatic or the 8-speed automatic, can also affect the vehicle’s value, as the more modern and efficient 8-speed transmission is often preferred. The drivetrain, such as front-wheel drive or all-wheel drive, can also impact the vehicle’s value, as all-wheel drive is often more desirable in certain markets.
Other features and options, such as leather seats, navigation, and a panoramic moonroof, can also impact the vehicle’s value. The presence of advanced safety features, such as blind spot monitoring and lane departure warning, can also increase the vehicle’s value. Additionally, features such as a tow package, roof rack, and running boards can also affect the vehicle’s value, as they can increase its versatility and capability. Buyers should research the different features and options available on the 2017 Toyota Highlander to determine which ones are most important to them and how they impact the vehicle’s value.
How does the condition of a 2017 Toyota Highlander affect its value?
The condition of a 2017 Toyota Highlander can significantly affect its value, as a well-maintained and clean vehicle is often more desirable and valuable than one with damage or wear and tear. The vehicle’s exterior and interior condition, including any scratches, dents, or stains, can impact its value, as a clean and well-maintained vehicle is often more attractive to buyers. The vehicle’s mechanical condition, including the engine, transmission, and brakes, can also affect its value, as a vehicle with any major issues or needed repairs can be less desirable.
The vehicle’s maintenance records can also impact its value, as a vehicle with a complete and up-to-date maintenance record is often more valuable than one without. Buyers should inspect the vehicle carefully and review its maintenance records to determine its condition and potential value. Additionally, buyers can use tools such as vehicle history reports to get a better understanding of the vehicle’s condition and any potential issues. By doing so, they can make an informed decision when purchasing a used 2017 Toyota Highlander and avoid any potential pitfalls or costly repairs.
Can I negotiate the price of a used 2017 Toyota Highlander?
Yes, it is possible to negotiate the price of a used 2017 Toyota Highlander, as the price of a used vehicle is often open to negotiation. Buyers can research the market value of the vehicle using tools such as Kelley Blue Book or Edmunds to determine a fair price range. They can then use this information to make an informed offer to the seller, taking into account any factors that may affect the vehicle’s value, such as its condition, mileage, and trim level. Buyers should also be prepared to walk away if the seller is unwilling to negotiate or meet their price, as this can give them leverage in the negotiation process.
Buyers can also use any issues or problems with the vehicle as a bargaining chip to negotiate the price. For example, if the vehicle has high mileage or any damage, the buyer can use this as a reason to request a lower price. Additionally, buyers can ask the seller about any warranties or guarantees that may be included with the purchase, as this can provide added peace of mind and value. By being informed and prepared, buyers can negotiate a fair price for a used 2017 Toyota Highlander and get a good deal. It’s also important to note that dealerships may have more flexibility to negotiate than private sellers, so buyers should be prepared to negotiate accordingly.