Depreciation
The depreciation graph and accompanying table on our page detail how the 1958 CHEVROLET IMPALA'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) 1958 CHEVROLET IMPALA in 1958 was $32,190.
The average price for used 1958 CHEVROLET IMPALA nowadays in 2024 is $69,950 which is 217% from the original price.
Estimated mileage driven per year is 10,000 miles.
The graph below is a depreciation curve for 1958 CHEVROLET IMPALA. 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 1958 CHEVROLET IMPALA 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 | ||
|---|---|---|---|---|---|---|
| 1958 MSRP | 0 mi | $32,190 | — | — | 100% | 0% |
| 1962 | 50,000 mi | $19,999 | +$0 | +0% | 62.13% | 37.87% |
| 1963 | 60,000 mi | $18,998 | +$1,001 | +5.01% | 59.02% | 40.98% |
| 1964 | 70,000 mi | $15,997 | +$3,001 | +15.8% | 49.7% | 50.3% |
| 1965 | 80,000 mi | $14,994 | +$1,003 | +6.27% | 46.58% | 53.42% |
| 1966 | 90,000 mi | $13,580 | +$1,414 | +9.43% | 42.19% | 57.81% |
| 1967 | 100,000 mi | $13,490 | +$90 | +0.66% | 41.91% | 58.09% |
| 1968 | 110,000 mi | $11,954 | +$1,536 | +11.39% | 37.14% | 62.86% |
| 1969 | 120,000 mi | $8,250 | +$3,704 | +30.99% | 25.63% | 74.37% |
| 1970 | 130,000 mi | $7,499 | +$751 | +9.1% | 23.3% | 76.7% |
| 1971 | 140,000 mi | $6,800 | +$699 | +9.32% | 21.12% | 78.88% |
| 1972 | 150,000 mi | $6,500 | +$300 | +4.41% | 20.19% | 79.81% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET IMPALA’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 1958 CHEVROLET IMPALA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1958 CHEVROLET IMPALA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $94,500 | 62 sales |
| 5,000 mi | $85,995 | 125 sales |
| 10,000 mi | $64,000 | 34 sales |
| 15,000 mi | $99,997 | 64 sales |
| 25,000 mi | $52,000 | 40 sales |
| 30,000 mi | $84,995 | 53 sales |
| 40,000 mi | $55,000 | 17 sales |
| 45,000 mi | $139,900 | 34 sales |
| 50,000 mi | $58,995 | 33 sales |
| 55,000 mi | $99,000 | 23 sales |
| 65,000 mi | $95,000 | 39 sales |
| 70,000 mi | $56,995 | 16 sales |
| 75,000 mi | $46,995 | 39 sales |
| 80,000 mi | $59,990 | 13 sales |
| 85,000 mi | $51,500 | 46 sales |
| 95,000 mi | $117,900 | 78 sales |
| 100,000 mi | $45,995 | 43 sales |
Frequently asked questions
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
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.
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 1958 CHEVROLET IMPALA, with faster depreciating vehicles typically having lower resale values over time.
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 exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Proper maintenance and good condition can slow the depreciation of a 1958 CHEVROLET IMPALA by making it more attractive to potential buyers, thereby preserving more of its value.
Other years of CHEVROLET IMPALA
1979 CHEVROLET IMPALA
0+ sales records
1984 CHEVROLET IMPALA
0+ sales records
1994 CHEVROLET IMPALA
$24,999 average used price
450+ sales records
2011 CHEVROLET IMPALA
$6,800 average used price
25,000+ sales records
2016 CHEVROLET IMPALA
$13,580 average used price
36,500+ sales records
2020 CHEVROLET IMPALA
$19,999 average used price
20,400+ sales records
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