Depreciation
The depreciation graph and accompanying table on our page detail how the 1997 FORD RANGER'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) 1997 FORD RANGER in 1997 was $38,035.
The average price for used 1997 FORD RANGER nowadays in 2024 is $5,700 which is 15% from the original price.
Estimated mileage driven per year is 7,704 miles.
The graph below is a depreciation curve for 1997 FORD RANGER. 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 1997 FORD RANGER 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 | ||
|---|---|---|---|---|---|---|
| 1997 MSRP | 0 mi | $38,035 | — | — | 100% | 0% |
| 1997 | 7,704 mi | $55,746 | −$17,711 | −46.57% | 146.57% | -46.57% |
| 1998 | 15,408 mi | $37,992 | +$17,754 | +31.85% | 99.89% | 0.11% |
| 1999 | 23,112 mi | $35,039 | +$2,953 | +7.77% | 92.12% | 7.88% |
| 2000 | 30,816 mi | $32,500 | +$2,539 | +7.25% | 85.45% | 14.55% |
| 2001 | 38,520 mi | $29,990 | +$2,510 | +7.72% | 78.85% | 21.15% |
| 2002 | 46,224 mi | $28,695 | +$1,295 | +4.32% | 75.44% | 24.56% |
| 2010 | 107,856 mi | $13,995 | +$0 | +0% | 36.8% | 63.2% |
| 2011 | 115,560 mi | $12,995 | +$1,000 | +7.15% | 34.17% | 65.83% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD RANGER’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 1997 FORD RANGER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1997 FORD RANGER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 30,000 mi | $5,998 | 12 sales |
| 40,000 mi | $7,950 | 15 sales |
| 45,000 mi | $7,997 | 14 sales |
| 50,000 mi | $7,995 | 27 sales |
| 55,000 mi | $8,999 | 21 sales |
| 60,000 mi | $7,499 | 12 sales |
| 65,000 mi | $6,999 | 29 sales |
| 70,000 mi | $7,990 | 27 sales |
| 75,000 mi | $6,649 | 26 sales |
| 80,000 mi | $6,595 | 44 sales |
| 85,000 mi | $5,990 | 33 sales |
| 90,000 mi | $5,999 | 49 sales |
| 95,000 mi | $6,795 | 67 sales |
| 100,000 mi | $4,977 | 41 sales |
| 105,000 mi | $4,900 | 41 sales |
| 110,000 mi | $5,000 | 55 sales |
| 115,000 mi | $5,345 | 64 sales |
| 120,000 mi | $5,995 | 59 sales |
| 125,000 mi | $5,900 | 53 sales |
| 130,000 mi | $4,675 | 61 sales |
| 135,000 mi | $4,993 | 60 sales |
| 140,000 mi | $4,630 | 98 sales |
| 145,000 mi | $4,495 | 63 sales |
| 150,000 mi | $4,400 | 86 sales |
| 155,000 mi | $4,990 | 59 sales |
| 160,000 mi | $4,473 | 64 sales |
| 165,000 mi | $4,428 | 45 sales |
| 170,000 mi | $3,995 | 52 sales |
| 175,000 mi | $3,995 | 43 sales |
| 180,000 mi | $3,998 | 57 sales |
| 185,000 mi | $4,273 | 64 sales |
| 190,000 mi | $3,995 | 58 sales |
| 195,000 mi | $2,997 | 26 sales |
| 200,000 mi | $3,900 | 32 sales |
| 205,000 mi | $3,990 | 37 sales |
| 210,000 mi | $3,498 | 38 sales |
| 215,000 mi | $3,995 | 30 sales |
| 220,000 mi | $3,610 | 32 sales |
| 225,000 mi | $2,995 | 33 sales |
| 230,000 mi | $3,900 | 23 sales |
| 235,000 mi | $2,500 | 23 sales |
| 240,000 mi | $2,995 | 22 sales |
| 245,000 mi | $2,999 | 25 sales |
| 250,000 mi | $3,885 | 21 sales |
| 270,000 mi | $2,995 | 12 sales |
| 275,000 mi | $2,995 | 13 sales |
| 285,000 mi | $2,545 | 10 sales |
Frequently asked questions
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.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Depreciation directly affects the resale value of a 1997 FORD RANGER, with faster depreciating vehicles typically having lower resale values over time.
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.
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 best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
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.
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.
Other years of FORD RANGER
1989 FORD RANGER
$12,750 average used price
230+ sales records
2001 FORD RANGER
$7,895 average used price
7,400+ sales records
2007 FORD RANGER
$10,499 average used price
6,300+ sales records
2009 FORD RANGER
$11,593 average used price
7,900+ sales records
2023 FORD RANGER
$37,992 average used price
880+ sales records
2024 FORD RANGER
$55,746 average used price
1,900+ sales records
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