Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 FORD EXPEDITION'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) 2023 FORD EXPEDITION in 2023 was $61,900.
The average price for used 2023 FORD EXPEDITION nowadays in 2024 is $69,900 which is 113% from the original price.
Estimated mileage driven per year is 12,517 miles.
The graph below is a depreciation curve for 2023 FORD EXPEDITION. 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 2023 FORD EXPEDITION 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 | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $61,900 | — | — | 100% | 0% |
| 2023 | 12,517 mi | $78,888 | −$16,988 | −27.44% | 127.44% | -27.44% |
| 2024 | 25,034 mi | $69,900 | +$8,988 | +11.39% | 112.92% | -12.92% |
| 2025 | 37,551 mi | $51,483 | +$18,417 | +26.35% | 83.17% | 16.83% |
| 2026 | 50,068 mi | $43,995 | +$7,488 | +14.54% | 71.07% | 28.93% |
| 2027 | 62,585 mi | $39,395 | +$4,600 | +10.46% | 63.64% | 36.36% |
| 2028 | 75,102 mi | $34,990 | +$4,405 | +11.18% | 56.53% | 43.47% |
| 2029 | 87,619 mi | $29,999 | +$4,991 | +14.26% | 48.46% | 51.54% |
| 2030 | 100,136 mi | $20,000 | +$9,999 | +33.33% | 32.31% | 67.69% |
| 2031 | 112,653 mi | $17,798 | +$2,202 | +11.01% | 28.75% | 71.25% |
| 2032 | 125,170 mi | $16,500 | +$1,298 | +7.29% | 26.66% | 73.34% |
| 2033 | 137,687 mi | $13,996 | +$2,504 | +15.18% | 22.61% | 77.39% |
| 2034 | 150,204 mi | $12,878 | +$1,118 | +7.99% | 20.8% | 79.2% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD EXPEDITION’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 2023 FORD EXPEDITION. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 FORD EXPEDITION by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $78,495 | 88 sales |
| 5,000 mi | $73,222 | 227 sales |
| 10,000 mi | $70,997 | 245 sales |
| 15,000 mi | $70,544 | 161 sales |
| 20,000 mi | $67,770 | 112 sales |
| 25,000 mi | $62,995 | 58 sales |
| 30,000 mi | $58,273 | 51 sales |
| 35,000 mi | $57,727 | 43 sales |
| 40,000 mi | $58,995 | 21 sales |
Frequently asked questions
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.
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.
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.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
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.
Depreciation directly affects the resale value of a 2023 FORD EXPEDITION, with faster depreciating vehicles typically having lower resale values over time.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Other years of FORD EXPEDITION
2007 FORD EXPEDITION
$6,950 average used price
8,500+ sales records
2011 FORD EXPEDITION
$9,975 average used price
11,400+ sales records
2016 FORD EXPEDITION
$17,798 average used price
25,400+ sales records
2017 FORD EXPEDITION
$20,000 average used price
51,900+ sales records
2020 FORD EXPEDITION
$39,395 average used price
129,600+ sales records
2022 FORD EXPEDITION
$51,483 average used price
25,600+ sales records
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2023 FORD EXPEDITION on BADVIN
