Depreciation
The depreciation graph and accompanying table on our page detail how the 2005 CHEVROLET COBALT'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) 2005 CHEVROLET COBALT in 2005 was $6,806.
The average price for used 2005 CHEVROLET COBALT nowadays in 2024 is $5,000 which is 73% from the original price.
Estimated mileage driven per year is 9,669 miles.
The graph below is a depreciation curve for 2005 CHEVROLET COBALT. 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 2005 CHEVROLET COBALT 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 | ||
|---|---|---|---|---|---|---|
| 2005 MSRP | 0 mi | $6,806 | — | — | 100% | 0% |
| 2019 | 145,035 mi | $5,419 | +$0 | +0% | 79.62% | 20.38% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET COBALT’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 2005 CHEVROLET COBALT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2005 CHEVROLET COBALT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $7,245 | 18 sales |
| 35,000 mi | $5,995 | 15 sales |
| 40,000 mi | $5,888 | 20 sales |
| 45,000 mi | $4,995 | 20 sales |
| 50,000 mi | $5,495 | 31 sales |
| 55,000 mi | $5,298 | 24 sales |
| 60,000 mi | $4,966 | 30 sales |
| 65,000 mi | $4,995 | 25 sales |
| 70,000 mi | $4,900 | 55 sales |
| 75,000 mi | $4,997 | 56 sales |
| 80,000 mi | $4,995 | 60 sales |
| 85,000 mi | $4,991 | 67 sales |
| 90,000 mi | $4,495 | 80 sales |
| 95,000 mi | $3,997 | 70 sales |
| 100,000 mi | $3,999 | 81 sales |
| 105,000 mi | $3,681 | 95 sales |
| 110,000 mi | $3,948 | 63 sales |
| 115,000 mi | $3,895 | 59 sales |
| 120,000 mi | $3,988 | 91 sales |
| 125,000 mi | $3,859 | 93 sales |
| 130,000 mi | $3,924 | 78 sales |
| 135,000 mi | $3,995 | 108 sales |
| 140,000 mi | $3,490 | 87 sales |
| 145,000 mi | $3,770 | 86 sales |
| 150,000 mi | $3,295 | 89 sales |
| 155,000 mi | $2,995 | 63 sales |
| 160,000 mi | $3,500 | 49 sales |
| 165,000 mi | $3,500 | 56 sales |
| 170,000 mi | $2,900 | 64 sales |
| 175,000 mi | $3,342 | 36 sales |
| 180,000 mi | $2,500 | 31 sales |
| 185,000 mi | $2,950 | 43 sales |
| 190,000 mi | $2,995 | 31 sales |
| 195,000 mi | $2,880 | 31 sales |
| 200,000 mi | $2,995 | 36 sales |
| 205,000 mi | $2,494 | 19 sales |
| 210,000 mi | $2,710 | 20 sales |
| 215,000 mi | $2,500 | 11 sales |
| 220,000 mi | $3,250 | 12 sales |
| 230,000 mi | $3,033 | 18 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.
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.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Other years of CHEVROLET COBALT
2006 CHEVROLET COBALT
$3,999 average used price
7,600+ sales records
2007 CHEVROLET COBALT
$4,737 average used price
9,200+ sales records
2008 CHEVROLET COBALT
$4,522 average used price
9,800+ sales records
2009 CHEVROLET COBALT
$4,999 average used price
11,500+ sales records
2010 CHEVROLET COBALT
$5,419 average used price
11,600+ sales records
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