Depreciation
The depreciation graph and accompanying table on our page detail how the 1988 CHEVROLET CAMARO'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) 1988 CHEVROLET CAMARO in 1988 was $37,205.
The average price for used 1988 CHEVROLET CAMARO nowadays in 2024 is $20,000 which is 54% from the original price.
Estimated mileage driven per year is 4,167 miles.
The graph below is a depreciation curve for 1988 CHEVROLET CAMARO. 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 1988 CHEVROLET CAMARO 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 | ||
|---|---|---|---|---|---|---|
| 1988 MSRP | 0 mi | $37,205 | — | — | 100% | 0% |
| 1988 | 4,167 mi | $44,787 | −$7,582 | −20.38% | 120.38% | -20.38% |
| 1989 | 8,334 mi | $38,990 | +$5,797 | +12.94% | 104.8% | -4.8% |
| 1990 | 12,501 mi | $37,492 | +$1,498 | +3.84% | 100.77% | -0.77% |
| 1991 | 16,668 mi | $33,998 | +$3,494 | +9.32% | 91.38% | 8.62% |
| 1992 | 20,835 mi | $29,450 | +$4,548 | +13.38% | 79.16% | 20.84% |
| 1993 | 25,002 mi | $27,996 | +$1,454 | +4.94% | 75.25% | 24.75% |
| 1994 | 29,169 mi | $28,992 | −$996 | −3.56% | 77.93% | 22.07% |
| 1995 | 33,336 mi | $24,990 | +$4,002 | +13.8% | 67.17% | 32.83% |
| 1996 | 37,503 mi | $24,495 | +$495 | +1.98% | 65.84% | 34.16% |
| 1997 | 41,670 mi | $17,962 | +$6,533 | +26.67% | 48.28% | 51.72% |
| 1998 | 45,837 mi | $17,131 | +$831 | +4.63% | 46.04% | 53.96% |
| 1999 | 50,004 mi | $17,995 | −$864 | −5.04% | 48.37% | 51.63% |
| 2000 | 54,171 mi | $16,000 | +$1,995 | +11.09% | 43% | 57% |
| 2001 | 58,338 mi | $16,984 | −$984 | −6.15% | 45.65% | 54.35% |
| 2002 | 62,505 mi | $19,495 | −$2,511 | −14.78% | 52.4% | 47.6% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET CAMARO’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 1988 CHEVROLET CAMARO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1988 CHEVROLET CAMARO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $18,500 | 11 sales |
| 5,000 mi | $22,870 | 18 sales |
| 10,000 mi | $16,995 | 30 sales |
| 15,000 mi | $28,995 | 27 sales |
| 20,000 mi | $20,500 | 35 sales |
| 25,000 mi | $18,995 | 19 sales |
| 30,000 mi | $21,250 | 18 sales |
| 35,000 mi | $21,995 | 33 sales |
| 40,000 mi | $26,450 | 30 sales |
| 45,000 mi | $14,000 | 32 sales |
| 50,000 mi | $13,900 | 31 sales |
| 55,000 mi | $18,514 | 53 sales |
| 60,000 mi | $18,995 | 27 sales |
| 65,000 mi | $14,245 | 20 sales |
| 70,000 mi | $18,900 | 23 sales |
| 75,000 mi | $20,000 | 15 sales |
| 80,000 mi | $14,900 | 17 sales |
| 90,000 mi | $19,995 | 26 sales |
| 95,000 mi | $15,995 | 19 sales |
| 105,000 mi | $12,948 | 14 sales |
| 110,000 mi | $21,800 | 12 sales |
| 115,000 mi | $10,462 | 10 sales |
| 120,000 mi | $9,500 | 15 sales |
| 125,000 mi | $13,995 | 12 sales |
Frequently asked questions
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Proper maintenance and good condition can slow the depreciation of a 1988 CHEVROLET CAMARO by making it more attractive to potential buyers, thereby preserving more of its value.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Other years of CHEVROLET CAMARO
1992 CHEVROLET CAMARO
$18,000 average used price
1,400+ sales records
1996 CHEVROLET CAMARO
$12,995 average used price
1,700+ sales records
2002 CHEVROLET CAMARO
$18,900 average used price
7,400+ sales records
2019 CHEVROLET CAMARO
$27,996 average used price
84,500+ sales records
2022 CHEVROLET CAMARO
$37,492 average used price
14,500+ sales records
2024 CHEVROLET CAMARO
$44,787 average used price
420+ sales records
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1988 CHEVROLET CAMARO on BADVIN
