Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 FORD SHELBY GT350'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) 2020 FORD SHELBY GT350 in 2020 was $80,220.
The average price for used 2020 FORD SHELBY GT350 nowadays in 2024 is $80,000 which is 100% from the original price.
Estimated mileage driven per year is 1,841 miles.
The graph below is a depreciation curve for 2020 FORD SHELBY GT350. 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 2020 FORD SHELBY GT350 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 | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $80,220 | — | — | 100% | 0% |
| 2022 | 5,523 mi | $95,888 | +$0 | +0% | 119.53% | -19.53% |
| 2023 | 7,364 mi | $86,970 | +$8,918 | +9.3% | 108.41% | -8.41% |
| 2024 | 9,205 mi | $80,000 | +$6,970 | +8.01% | 99.73% | 0.27% |
| 2025 | 11,046 mi | $62,995 | +$17,005 | +21.26% | 78.53% | 21.47% |
| 2026 | 12,887 mi | $56,995 | +$6,000 | +9.52% | 71.05% | 28.95% |
| 2027 | 14,728 mi | $55,000 | +$1,995 | +3.5% | 68.56% | 31.44% |
| 2028 | 16,569 mi | $49,997 | +$5,003 | +9.1% | 62.32% | 37.68% |
| 2030 | 20,251 mi | $56,998 | +$0 | +0% | 71.05% | 28.95% |
| 2031 | 22,092 mi | $54,900 | +$2,098 | +3.68% | 68.44% | 31.56% |
| 2032 | 23,933 mi | $41,999 | +$12,901 | +23.5% | 52.35% | 47.65% |
| 2033 | 25,774 mi | $39,995 | +$2,004 | +4.77% | 49.86% | 50.14% |
| 2034 | 27,615 mi | $38,993 | +$1,002 | +2.51% | 48.61% | 51.39% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD SHELBY GT350’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 2020 FORD SHELBY GT350. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 FORD SHELBY GT350 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $92,900 | 1,113 sales |
| 5,000 mi | $88,984 | 1,222 sales |
| 10,000 mi | $86,995 | 573 sales |
| 15,000 mi | $82,441 | 219 sales |
| 20,000 mi | $76,500 | 77 sales |
| 25,000 mi | $71,498 | 60 sales |
| 30,000 mi | $68,500 | 31 sales |
| 40,000 mi | $78,798 | 12 sales |
Frequently asked questions
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.
Aftermarket modifications can affect the depreciation of 2020 FORD SHELBY GT350 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
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 market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
Other years of FORD SHELBY GT350
2007 FORD SHELBY GT350
$36,998 average used price
1,800+ sales records
2008 FORD SHELBY GT350
$37,995 average used price
1,600+ sales records
2010 FORD SHELBY GT350
$38,993 average used price
860+ sales records
2012 FORD SHELBY GT350
$41,999 average used price
1,900+ sales records
2017 FORD SHELBY GT350
$55,000 average used price
5,700+ sales records
2019 FORD SHELBY GT350
$62,995 average used price
3,200+ sales records
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