The Toyota Highlander has been the best-selling three-row midsize SUV for the past six years — and it aims to continue its domination with some upgrades for the 2023 model year. This includes a new turbocharged engine and new features across the trim lineup. Find out what we know so far about the release date, price, specs, and new features of the new 2023 Toyota Highlander.

When is the 2023 Toyota Highlander coming out?

The new 2023 Toyota Highlander will likely hit the roads in Fall 2022. It will be available at Toyota dealerships throughout the United States and in select international markets. The Highlander is built at the Toyota Manufacturing Motor Manufacturing plant in Princeton, Indiana, alongside the Sequoia SUV and the Sienna minivan.

How much does the 2023 Toyota Highlander cost?

The starting price of the 2023 Toyota Highlander midsize SUV ranges from $36,420 MSRP for the L trim up to $50,675 MSRP for the Platinum Hybrid trim. Also, the 2023 Highlander costs slightly more than the 2022 Highlander, which has a starting base price of $35,855 MSRP.

2023 Highlander specs: New turbocharged engine, fuel economy, and towing capacity

The gas-engine 2023 Toyota Highlander has a new turbocharged 2.4-liter inline-four engine. Paired with an eight-speed automatic transmission, it generates 265 horsepower and 309 lb-ft of torque. The turbocharged engine replaces the 3.5-liter V-6 engine from the 2022 Highlander. While the turbocharged engine has a decrease of 30 hp compared to the V-6 engine, the torque output is 46 lb-ft higher. Also, the new turbocharged engine has a slight improvement in fuel economy over the V-6 (up to 25 vs. 24 combined mpg).

The hybrid powertrain for the 2023 Highlander Hybrid is the same as the 2022 Highlander Hybrid. It combines a 2.5-liter four-cylinder engine with two electric motors, generating a total system output of 243 horsepower, with an estimated gas mileage of 36 combined mpg.

Both the gas-powered Highlander and Highlander Hybrid offer the choice of either a front-wheel drive or an all-wheel drive system. The gas-powered Highlander has a maximum towing capacity of 5,000 pounds, while the Highlander Hybrid can tow up to 3,500 pounds.

New features for the 2023 Highlander

The 2023 Toyota Highlander offers new features across the trim lineup. This includes two 12.3-inch Multi-Information Display (MID) screens, which are standard for the Limited and Platinum trims. These trims also have newly standard power-folding exterior mirrors, which makes it easier to enter and exit a garage. 

Inside the Highlander, the available wireless charger was moved to the instrument panel shelf for more convenient access. Also, the XLE and XSE trims join the Limited and Platinum trims with the hands-free power liftgate.

The 2023 Highlander adds one new hue for exterior paint colors: Cypress. For the cabin, “Harvest Beige and Glazed Caramel interiors now feature Black as the accent color, replacing Noble Brown.”

As detailed earlier, the release date of the new 2023 Toyota Highlander midsize SUV will likely be in Fall 2022. Also, with a starting price of $36,420 MSRP, the 2023 Highlander costs slightly more than the 2022 version.

This article was updated on 10/10/2022 with the latest vehicle information.