2023 Toyota Highlander vs. Ford Explorer: 1 SUV Is More Affordable Long-Term

Both the Toyota Highlander and the Ford Explorer are fantastic SUV choices for 2023, but one has a lower five-year cost-to-own figure. Find out more.

Toyota and Ford both offer identical entry-level trim packages for their Highlander and Explorer cars. 

However, according to projections produced by Edmunds, just one SUV in the Highlander vs. 

Explorer comparison seems to be the more cost-effective choice over the long run. Here is a comparison of the two SUVs. 

Explorer vs. Highlander: basic trims

In terms of cost and fuel efficiency, the 2023 Toyota Highlander and 2023 Ford Explorer are relatively well matched. 

For instance, Toyota charges a starting MSRP of $36,620 for the basic Highlander L variant. In contrast, Ford charges a starting price of $36,700 for the basic Explorer model.