2016 Toyota Highlander Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
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MSRP Invoice Price Destination Fee Holdback Dealer Cost
View Toyota Rebates and Incentives.
To avoid overpaying on a new Toyota Highlander, price shop online first. Get up front prices before you walk into a dealership. We recommend the following free services;
The Toyota Highlander is a versatile SUV. The rear view camera and touchscreen entertainment system are two of the most popular features. Several options make the Highlander an excellent choice for people that spend much time in their vehicle.
The 2016 Highlander has a sophisticated interior that drivers appreciate. There are several places to store small items like phone chargers and valuables. The Highlanders best addition for 2016 is the standard towing package.
- LE Plus
- Hybrid Limited
The LE has three options:
- Front-wheel drive four-cylinder engine
- Front-wheel drive with a six-cylinder engine
- All-wheel drive with the six-cylinder option
- Front-wheel drive six-cylinder
- All-wheel drive six-cylinder
Driving impressions of the 2016 Toyota Highlander
The 2016 Highlander drives fantastically well according to reviewers. They say that the handling is superb. The vehicle is exceptional when going over rough roads too.
The four-cylinder option gets 20 mpg in the city and 25 mpg on the highway. The six-cylinder options get slightly less at 19 mpg in town and 25 miles on the expressway. Test drivers say that one of the best benefits of the 2016 Highlander is the responsive steering.
How to Calculate The Dealer Cost of a Toyota Highlander
Formula for Calculating Dealer Cost:
- Example: Base Toyota Highlander invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost (calculated above) + Taxes / Licensing Fees - Rebate / Incentive = True Cost (You can get rebates and incentives here)
Note: All Toyota Highlander Prices above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.