Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 BUICK VERANO'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) 2017 BUICK VERANO in 2017 was $25,435.
The average price for used 2017 BUICK VERANO nowadays in 2024 is $11,641 which is 46% from the original price.
Estimated mileage driven per year is 11,101 miles.
The graph below is a depreciation curve for 2017 BUICK VERANO. 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 2017 BUICK VERANO 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 | ||
---|---|---|---|---|---|---|
2017 MSRP | 0 mi | $25,435 | — | — | 100% | 0% |
2024 | 88,808 mi | $11,641 | +$0 | +0% | 45.77% | 54.23% |
2025 | 99,909 mi | $11,998 | −$357 | −3.07% | 47.17% | 52.83% |
2026 | 111,010 mi | $11,477 | +$521 | +4.34% | 45.12% | 54.88% |
2027 | 122,111 mi | $10,701 | +$776 | +6.76% | 42.07% | 57.93% |
2028 | 133,212 mi | $9,599 | +$1,102 | +10.3% | 37.74% | 62.26% |
2029 | 144,313 mi | $8,000 | +$1,599 | +16.66% | 31.45% | 68.55% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the BUICK VERANO’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 2017 BUICK VERANO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 BUICK VERANO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
Mileage | Average Price | Sample Size |
---|---|---|
5,000 mi | $18,590 | 69 sales |
10,000 mi | $17,690 | 150 sales |
15,000 mi | $17,990 | 161 sales |
20,000 mi | $17,990 | 282 sales |
25,000 mi | $16,590 | 287 sales |
30,000 mi | $16,981 | 204 sales |
35,000 mi | $15,498 | 220 sales |
40,000 mi | $15,300 | 225 sales |
45,000 mi | $14,990 | 373 sales |
50,000 mi | $14,997 | 240 sales |
55,000 mi | $14,995 | 209 sales |
60,000 mi | $14,589 | 204 sales |
65,000 mi | $14,988 | 165 sales |
70,000 mi | $14,500 | 147 sales |
75,000 mi | $13,999 | 188 sales |
80,000 mi | $14,450 | 177 sales |
85,000 mi | $13,995 | 113 sales |
90,000 mi | $13,791 | 85 sales |
95,000 mi | $13,406 | 101 sales |
100,000 mi | $13,588 | 81 sales |
105,000 mi | $13,492 | 78 sales |
110,000 mi | $10,973 | 53 sales |
115,000 mi | $11,190 | 32 sales |
120,000 mi | $10,250 | 28 sales |
125,000 mi | $9,990 | 11 sales |
130,000 mi | $12,995 | 17 sales |
135,000 mi | $9,990 | 20 sales |
140,000 mi | $9,900 | 21 sales |
145,000 mi | $9,950 | 13 sales |
Frequently asked questions
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
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.
Aftermarket modifications can affect the depreciation of 2017 BUICK VERANO either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of BUICK VERANO
2012 BUICK VERANO
$8,000 average used price
11,700+ sales records
2013 BUICK VERANO
$9,599 average used price
17,100+ sales records
2014 BUICK VERANO
$10,701 average used price
17,600+ sales records
2015 BUICK VERANO
$11,477 average used price
14,600+ sales records
2016 BUICK VERANO
$11,998 average used price
23,900+ sales records
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2019 BUICK LACROSSE
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2020 BUICK ENVISION
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