Depreciation
The depreciation graph and accompanying table on our page detail how the 2008 CHEVROLET AVEO'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) 2008 CHEVROLET AVEO in 2008 was $6,943.
The average price for used 2008 CHEVROLET AVEO nowadays in 2024 is $4,247 which is 61% from the original price.
Estimated mileage driven per year is 9,662 miles.
The graph below is a depreciation curve for 2008 CHEVROLET AVEO. 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 2008 CHEVROLET AVEO 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 | ||
|---|---|---|---|---|---|---|
| 2008 MSRP | 0 mi | $6,943 | — | — | 100% | 0% |
| 2021 | 135,268 mi | $5,600 | +$0 | +0% | 80.66% | 19.34% |
| 2022 | 144,930 mi | $5,478 | +$122 | +2.18% | 78.9% | 21.1% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET AVEO’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 2008 CHEVROLET AVEO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 CHEVROLET AVEO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 25,000 mi | $5,500 | 15 sales |
| 30,000 mi | $4,995 | 11 sales |
| 35,000 mi | $5,703 | 22 sales |
| 40,000 mi | $5,498 | 36 sales |
| 45,000 mi | $4,995 | 31 sales |
| 50,000 mi | $5,750 | 17 sales |
| 55,000 mi | $4,999 | 36 sales |
| 60,000 mi | $4,997 | 44 sales |
| 65,000 mi | $4,999 | 43 sales |
| 70,000 mi | $5,000 | 51 sales |
| 75,000 mi | $4,491 | 63 sales |
| 80,000 mi | $4,867 | 77 sales |
| 85,000 mi | $4,000 | 82 sales |
| 90,000 mi | $4,676 | 64 sales |
| 95,000 mi | $4,500 | 81 sales |
| 100,000 mi | $3,999 | 88 sales |
| 105,000 mi | $3,998 | 81 sales |
| 110,000 mi | $3,500 | 72 sales |
| 115,000 mi | $3,500 | 65 sales |
| 120,000 mi | $3,999 | 84 sales |
| 125,000 mi | $3,998 | 56 sales |
| 130,000 mi | $3,599 | 43 sales |
| 135,000 mi | $2,995 | 55 sales |
| 140,000 mi | $3,525 | 41 sales |
| 145,000 mi | $3,510 | 43 sales |
| 150,000 mi | $3,589 | 46 sales |
| 155,000 mi | $3,395 | 41 sales |
| 160,000 mi | $3,500 | 27 sales |
| 165,000 mi | $2,995 | 28 sales |
| 170,000 mi | $3,200 | 29 sales |
| 175,000 mi | $2,643 | 12 sales |
| 180,000 mi | $2,969 | 24 sales |
| 185,000 mi | $2,968 | 14 sales |
Frequently asked questions
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.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
Other years of CHEVROLET AVEO
2004 CHEVROLET AVEO
$3,995 average used price
790+ sales records
2005 CHEVROLET AVEO
$3,997 average used price
1,200+ sales records
2006 CHEVROLET AVEO
$4,993 average used price
1,500+ sales records
2007 CHEVROLET AVEO
$4,894 average used price
2,100+ sales records
2009 CHEVROLET AVEO
$4,990 average used price
4,500+ sales records
2010 CHEVROLET AVEO
$5,478 average used price
3,400+ sales records
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