Depreciation
The depreciation graph and accompanying table on our page detail how the 2011 CHEVROLET CAPRICE'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) 2011 CHEVROLET CAPRICE in 2011 was $34,863.
The average price for used 2011 CHEVROLET CAPRICE nowadays in 2024 is $15,495 which is 44% from the original price.
Estimated mileage driven per year is 4,653 miles.
The graph below is a depreciation curve for 2011 CHEVROLET CAPRICE. 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 2011 CHEVROLET CAPRICE 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 | ||
|---|---|---|---|---|---|---|
| 2011 MSRP | 0 mi | $34,863 | — | — | 100% | 0% |
| 2020 | 46,530 mi | $18,595 | +$0 | +0% | 53.34% | 46.66% |
| 2021 | 51,183 mi | $10,990 | +$7,605 | +40.9% | 31.52% | 68.48% |
| 2022 | 55,836 mi | $11,900 | −$910 | −8.28% | 34.13% | 65.87% |
| 2023 | 60,489 mi | $10,468 | +$1,432 | +12.03% | 30.03% | 69.97% |
| 2024 | 65,142 mi | $14,495 | −$4,027 | −38.47% | 41.58% | 58.42% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET CAPRICE’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 2011 CHEVROLET CAPRICE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2011 CHEVROLET CAPRICE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 80,000 mi | $29,900 | 15 sales |
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
Proper maintenance and good condition can slow the depreciation of a 2011 CHEVROLET CAPRICE by making it more attractive to potential buyers, thereby preserving more of its value.
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.
Other years of CHEVROLET CAPRICE
1983 CHEVROLET CAPRICE
40+ sales records
1990 CHEVROLET CAPRICE
120+ sales records
1994 CHEVROLET CAPRICE
$16,361 average used price
490+ sales records
1996 CHEVROLET CAPRICE
$26,495 average used price
610+ sales records
2012 CHEVROLET CAPRICE
$9,995 average used price
320+ sales records
2014 CHEVROLET CAPRICE
$10,990 average used price
450+ sales records
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