Depreciation
The depreciation graph and accompanying table on our page detail how the 2024 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) 2024 CHEVROLET CAMARO in 2024 was $37,205.
The average price for used 2024 CHEVROLET CAMARO nowadays in 2024 is $44,787 which is 120% from the original price.
Estimated mileage driven per year is 4,167 miles.
The graph below is a depreciation curve for 2024 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 2024 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 | ||
|---|---|---|---|---|---|---|
| 2024 MSRP | 0 mi | $37,205 | — | — | 100% | 0% |
| 2024 | 4,167 mi | $44,787 | −$7,582 | −20.38% | 120.38% | -20.38% |
| 2025 | 8,334 mi | $38,990 | +$5,797 | +12.94% | 104.8% | -4.8% |
| 2026 | 12,501 mi | $37,492 | +$1,498 | +3.84% | 100.77% | -0.77% |
| 2027 | 16,668 mi | $33,998 | +$3,494 | +9.32% | 91.38% | 8.62% |
| 2028 | 20,835 mi | $29,450 | +$4,548 | +13.38% | 79.16% | 20.84% |
| 2029 | 25,002 mi | $27,996 | +$1,454 | +4.94% | 75.25% | 24.75% |
| 2030 | 29,169 mi | $28,992 | −$996 | −3.56% | 77.93% | 22.07% |
| 2031 | 33,336 mi | $24,990 | +$4,002 | +13.8% | 67.17% | 32.83% |
| 2032 | 37,503 mi | $24,495 | +$495 | +1.98% | 65.84% | 34.16% |
| 2033 | 41,670 mi | $17,962 | +$6,533 | +26.67% | 48.28% | 51.72% |
| 2034 | 45,837 mi | $17,131 | +$831 | +4.63% | 46.04% | 53.96% |
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 2024 CHEVROLET CAMARO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 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 | $43,900 | 65 sales |
| 5,000 mi | $44,998 | 77 sales |
| 10,000 mi | $49,844 | 13 sales |
Frequently asked questions
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
Depreciation directly affects the resale value of a 2024 CHEVROLET CAMARO, with faster depreciating vehicles typically having lower resale values over time.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Other years of CHEVROLET CAMARO
1994 CHEVROLET CAMARO
$13,000 average used price
1,900+ sales records
1995 CHEVROLET CAMARO
$11,996 average used price
2,600+ sales records
1996 CHEVROLET CAMARO
$12,995 average used price
1,700+ sales records
1999 CHEVROLET CAMARO
$16,908 average used price
1,800+ sales records
2014 CHEVROLET CAMARO
$17,131 average used price
76,700+ sales records
2021 CHEVROLET CAMARO
$33,998 average used price
35,200+ sales records
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2024 CHEVROLET CAMARO on BADVIN
