Depreciation
The depreciation graph and accompanying table on our page detail how the 2021 FORD ESCAPE PHEV'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) 2021 FORD ESCAPE PHEV in 2021 was $41,965.
The average price for used 2021 FORD ESCAPE PHEV nowadays in 2024 is $26,957 which is 64% from the original price.
Estimated mileage driven per year is 8 miles.
The graph below is a depreciation curve for 2021 FORD ESCAPE PHEV. 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 2021 FORD ESCAPE PHEV 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 | ||
|---|---|---|---|---|---|---|
| 2021 MSRP | 0 mi | $41,965 | — | — | 100% | 0% |
| 2023 | 24 mi | $28,369 | +$0 | +0% | 67.6% | 32.4% |
| 2024 | 32 mi | $26,957 | +$1,412 | +4.98% | 64.24% | 35.76% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD ESCAPE PHEV’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 2021 FORD ESCAPE PHEV. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 FORD ESCAPE PHEV by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $39,650 | 34 sales |
| 10,000 mi | $36,998 | 17 sales |
| 15,000 mi | $32,924 | 23 sales |
| 20,000 mi | $33,800 | 15 sales |
| 25,000 mi | $28,000 | 15 sales |
| 30,000 mi | $26,918 | 13 sales |
Frequently asked questions
Aftermarket modifications can affect the depreciation of 2021 FORD ESCAPE PHEV either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
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 average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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.
Other years of FORD ESCAPE PHEV
2022 FORD ESCAPE PHEV
$28,369 average used price
2,700+ sales records
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