Is the $23,000 price on this 2020 Toyota Highlander a good deal?

OAV rates this as a Great Deal because the asking price of $23,000 is below the typical market range for this vehicle.

What is the average price for a 2020 Toyota Highlander in MI?

Based on 171 comparable listings in MI, the average asking price for a 2018-2022 Toyota Highlander is $28,383, with prices ranging from $16,988 to $45,999.

How long does a 2020 Toyota Highlander typically stay on dealer lots?

Comparable Toyota Highlander listings in MI spend an average of 50 days on dealer lots.

Where is this 2020 Toyota Highlander located?

This vehicle is listed in Farmington Hills, MI 48335. VIN: 5TDHZRBH3LS507394. Mileage: 104,891 miles.

What is the fair market price range for this 2020 Toyota Highlander?

OAV's Price-to-Market analysis estimates the fair market range is $23,314 to $30,900, based on 11 comparable vehicles.

2020 Toyota Highlander XLE for Sale in Farmington Hills, MI

No Photo Available

Vehicle Details

VIN5TDHZRBH3LS507394

TrimXLE

Exterior ColorBlue

Drivetrain4WD

Engine3.5L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot102

XLE

Great Deal

$23,000104,891 mi

Farmington Hills, MI 48335

Is this 2020 Toyota Highlander XLE a good deal?

OAV verdict: Great Deal

Why: Listed at $23,000, comparable market range $23,314–$30,900, based on 11 comparable listings. Days on lot: 102 days (market average 50 days).

Market price position

$23,000 · $314 below market low

Regional range: $23,314 – $30,900
vs. market low: — $314 (1% below)
Comparable vehicles: 11

Market Retail Price (MRP™)

$27,107

This vehicle $23,000 · $4,107 (15%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$26,500

This vehicle $23,000 · $3,500 (13%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-28) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 11–54 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$23,314 – $30,900

Suburban Toyota Of Farmington Hills

Farmington Hills, MI

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from suburban toyota of farmington hills →

Request availability and out-the-door price

OAV will route your inquiry to Suburban Toyota Of Farmington Hills for current availability of this 2020 Toyota Highlander XLE and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2020 Toyota Highlander

Listing updated: Jul 27, 2026

Listed by a franchise dealer in Farmington Hills, MI · On lot for 102 days · VIN verifiable at NHTSA

This used 2020 Toyota Highlander XLE is listed at $23,000 by suburban toyota of farmington hills in Farmington Hills, MI 48335. It has 104,891 miles on the odometer. The exterior color is Blue. It features a 4WD drivetrain with a 3.5L V6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 11 similar vehicles in the Farmington Hills market, the estimated market range is $23,314 to $30,900.

This vehicle has been on the lot for 102 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Farmington Hills, MI suvs market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2020 Toyota Highlander against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Farmington Hills, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 5TDHZRBH3LS507394 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2020 Toyota Highlander Market in MI

Comparable Vehicles

171

Average Price

$28,383

Price Range

$16,988–$45,999

Avg Days on Lot

Based on 171 comparable 2018-2022 Toyota Highlander listings in MI, the average asking price is $28,383. This listing at $23,000 is $5,383 below average (19% below market). Comparable prices in MI range from $16,988 to $45,999. Similar vehicles spend an average of 50 days on dealer lots in this market.