Depreciation
The depreciation graph and accompanying table on our page detail how the 1974 FORD MUSTANG'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) 1974 FORD MUSTANG in 1974 was $39,240.
The average price for used 1974 FORD MUSTANG nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 3,603 miles.
The graph below is a depreciation curve for 1974 FORD MUSTANG. 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 1974 FORD MUSTANG 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 | ||
|---|---|---|---|---|---|---|
| 1974 MSRP | 0 mi | $39,240 | — | — | 100% | 0% |
| 1974 | 3,603 mi | $44,583 | −$5,343 | −13.62% | 113.62% | -13.62% |
| 1975 | 7,206 mi | $37,998 | +$6,585 | +14.77% | 96.83% | 3.17% |
| 1976 | 10,809 mi | $36,998 | +$1,000 | +2.63% | 94.29% | 5.71% |
| 1977 | 14,412 mi | $28,677 | +$8,321 | +22.49% | 73.08% | 26.92% |
| 1978 | 18,015 mi | $29,888 | −$1,211 | −4.22% | 76.17% | 23.83% |
| 1979 | 21,618 mi | $30,000 | −$112 | −0.37% | 76.45% | 23.55% |
| 1980 | 25,221 mi | $25,250 | +$4,750 | +15.83% | 64.35% | 35.65% |
| 1981 | 28,824 mi | $25,432 | −$182 | −0.72% | 64.81% | 35.19% |
| 1982 | 32,427 mi | $21,995 | +$3,437 | +13.51% | 56.05% | 43.95% |
| 1983 | 36,030 mi | $22,186 | −$191 | −0.87% | 56.54% | 43.46% |
| 1984 | 39,633 mi | $16,999 | +$5,187 | +23.38% | 43.32% | 56.68% |
| 1985 | 43,236 mi | $19,990 | −$2,991 | −17.6% | 50.94% | 49.06% |
| 1986 | 46,839 mi | $16,500 | +$3,490 | +17.46% | 42.05% | 57.95% |
| 1987 | 50,442 mi | $16,990 | −$490 | −2.97% | 43.3% | 56.7% |
| 1988 | 54,045 mi | $14,766 | +$2,224 | +13.09% | 37.63% | 62.37% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD MUSTANG’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 1974 FORD MUSTANG. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1974 FORD MUSTANG by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Depreciation directly affects the resale value of a 1974 FORD MUSTANG, with faster depreciating vehicles typically having lower resale values over time.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Proper maintenance and good condition can slow the depreciation of a 1974 FORD MUSTANG by making it more attractive to potential buyers, thereby preserving more of its value.
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.
Other years of FORD MUSTANG
1998 FORD MUSTANG
$10,939 average used price
4,200+ sales records
2004 FORD MUSTANG
$13,991 average used price
11,800+ sales records
2010 FORD MUSTANG
$14,766 average used price
34,800+ sales records
2012 FORD MUSTANG
$16,500 average used price
57,400+ sales records
2015 FORD MUSTANG
$22,186 average used price
129,600+ sales records
2023 FORD MUSTANG
$37,998 average used price
1,700+ sales records
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