Depreciation
The depreciation graph and accompanying table on our page detail how the 2022 BUICK ENCORE's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2022 BUICK ENCORE in 2022 was $26,785.
The average price for used 2022 BUICK ENCORE nowadays in 2024 is $21,414 which is 80% from the original price.
Estimated mileage driven per year is 10,184 miles.
The graph below is a depreciation curve for 2022 BUICK ENCORE. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2022 BUICK ENCORE in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $26,785 | — | — | 100% | 0% |
| 2024 | 30,552 mi | $21,414 | +$0 | +0% | 79.95% | 20.05% |
| 2025 | 40,736 mi | $19,400 | +$2,014 | +9.41% | 72.43% | 27.57% |
| 2026 | 50,920 mi | $17,998 | +$1,402 | +7.23% | 67.19% | 32.81% |
| 2027 | 61,104 mi | $16,990 | +$1,008 | +5.6% | 63.43% | 36.57% |
| 2028 | 71,288 mi | $15,500 | +$1,490 | +8.77% | 57.87% | 42.13% |
| 2029 | 81,472 mi | $14,494 | +$1,006 | +6.49% | 54.11% | 45.89% |
| 2030 | 91,656 mi | $12,999 | +$1,495 | +10.31% | 48.53% | 51.47% |
| 2031 | 101,840 mi | $11,998 | +$1,001 | +7.7% | 44.79% | 55.21% |
| 2032 | 112,024 mi | $11,000 | +$998 | +8.32% | 41.07% | 58.93% |
| 2033 | 122,208 mi | $10,464 | +$536 | +4.87% | 39.07% | 60.93% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the BUICK ENCORE’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2022 BUICK ENCORE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 BUICK ENCORE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $25,993 | 208 sales |
| 5,000 mi | $24,602 | 568 sales |
| 10,000 mi | $23,000 | 359 sales |
| 15,000 mi | $21,991 | 245 sales |
| 20,000 mi | $21,670 | 148 sales |
| 25,000 mi | $20,850 | 127 sales |
| 30,000 mi | $20,794 | 72 sales |
| 35,000 mi | $19,386 | 25 sales |
| 40,000 mi | $20,998 | 25 sales |
| 45,000 mi | $19,998 | 29 sales |
| 50,000 mi | $18,770 | 13 sales |
Frequently asked questions
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Depreciation directly affects the resale value of a 2022 BUICK ENCORE, with faster depreciating vehicles typically having lower resale values over time.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Other years of BUICK ENCORE
2015 BUICK ENCORE
$11,998 average used price
40,400+ sales records
2016 BUICK ENCORE
$12,999 average used price
66,400+ sales records
2017 BUICK ENCORE
$14,494 average used price
107,100+ sales records
2019 BUICK ENCORE
$16,990 average used price
102,400+ sales records
2020 BUICK ENCORE
$17,998 average used price
43,500+ sales records
2021 BUICK ENCORE
$19,400 average used price
18,800+ sales records
Similar Models
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2020 BUICK ENVISION
$39,225 MSRP
$23,560 average used price
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2020 BUICK REGAL
$31,430 MSRP
$21,900 average used price
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2020 BUICK ENCLAVE
$49,790 MSRP
$27,998 average used price
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2024 BUICK ENCLAVE
$49,790 MSRP
$45,295 average used price
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