Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 INFINITI QX60'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 INFINITI QX60 in 2023 was $51,040.
The average price for used 2023 INFINITI QX60 nowadays in 2024 is $47,988 which is 94% from the original price.
Estimated mileage driven per year is 11,516 miles.
The graph below is a depreciation curve for 2023 INFINITI QX60. 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 INFINITI QX60 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 | $51,040 | — | — | 100% | 0% |
| 2023 | 11,516 mi | $49,800 | +$1,240 | +2.43% | 97.57% | 2.43% |
| 2024 | 23,032 mi | $47,988 | +$1,812 | +3.64% | 94.02% | 5.98% |
| 2025 | 34,548 mi | $43,000 | +$4,988 | +10.39% | 84.25% | 15.75% |
| 2027 | 57,580 mi | $27,998 | +$0 | +0% | 54.86% | 45.14% |
| 2028 | 69,096 mi | $23,219 | +$4,779 | +17.07% | 45.49% | 54.51% |
| 2029 | 80,612 mi | $19,995 | +$3,224 | +13.89% | 39.18% | 60.82% |
| 2030 | 92,128 mi | $17,293 | +$2,702 | +13.51% | 33.88% | 66.12% |
| 2031 | 103,644 mi | $15,999 | +$1,294 | +7.48% | 31.35% | 68.65% |
| 2032 | 115,160 mi | $13,995 | +$2,004 | +12.53% | 27.42% | 72.58% |
| 2033 | 126,676 mi | $12,606 | +$1,389 | +9.92% | 24.7% | 75.3% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the INFINITI QX60’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 INFINITI QX60. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 INFINITI QX60 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $49,796 | 19 sales |
| 5,000 mi | $48,663 | 188 sales |
| 10,000 mi | $47,667 | 255 sales |
| 15,000 mi | $47,492 | 193 sales |
| 20,000 mi | $48,132 | 74 sales |
| 25,000 mi | $46,461 | 40 sales |
| 40,000 mi | $43,661 | 12 sales |
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
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.
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.
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.
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.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
Other years of INFINITI QX60
2015 INFINITI QX60
$13,995 average used price
39,500+ sales records
2016 INFINITI QX60
$15,999 average used price
31,200+ sales records
2018 INFINITI QX60
$19,995 average used price
44,300+ sales records
2019 INFINITI QX60
$23,219 average used price
68,900+ sales records
2020 INFINITI QX60
$27,998 average used price
63,700+ sales records
2024 INFINITI QX60
$49,800 average used price
1,500+ sales records
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