Depreciation
The depreciation graph and accompanying table on our page detail how the 2013 MITSUBISHI LANCER'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) 2013 MITSUBISHI LANCER in 2013 was $12,991.
The average price for used 2013 MITSUBISHI LANCER nowadays in 2024 is $7,977 which is 61% from the original price.
Estimated mileage driven per year is 11,417 miles.
The graph below is a depreciation curve for 2013 MITSUBISHI LANCER. 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 2013 MITSUBISHI LANCER 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 | ||
|---|---|---|---|---|---|---|
| 2013 MSRP | 0 mi | $12,991 | — | — | 100% | 0% |
| 2020 | 91,336 mi | $11,995 | +$0 | +0% | 92.33% | 7.67% |
| 2021 | 102,753 mi | $10,509 | +$1,486 | +12.39% | 80.89% | 19.11% |
| 2022 | 114,170 mi | $9,600 | +$909 | +8.65% | 73.9% | 26.1% |
| 2023 | 125,587 mi | $9,977 | −$377 | −3.93% | 76.8% | 23.2% |
| 2024 | 137,004 mi | $7,977 | +$2,000 | +20.05% | 61.4% | 38.6% |
| 2025 | 148,421 mi | $7,995 | −$18 | −0.23% | 61.54% | 38.46% |
| 2026 | 159,838 mi | $7,995 | +$0 | +0% | 61.54% | 38.46% |
| 2027 | 171,255 mi | $6,649 | +$1,346 | +16.84% | 51.18% | 48.82% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the MITSUBISHI LANCER’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 2013 MITSUBISHI LANCER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2013 MITSUBISHI LANCER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $14,200 | 84 sales |
| 25,000 mi | $11,000 | 59 sales |
| 30,000 mi | $38,900 | 23 sales |
| 35,000 mi | $14,950 | 12 sales |
| 40,000 mi | $10,000 | 22 sales |
| 45,000 mi | $14,590 | 68 sales |
| 50,000 mi | $11,400 | 166 sales |
| 55,000 mi | $10,794 | 52 sales |
| 60,000 mi | $8,990 | 54 sales |
| 65,000 mi | $9,747 | 62 sales |
| 70,000 mi | $9,887 | 105 sales |
| 75,000 mi | $11,990 | 205 sales |
| 80,000 mi | $9,300 | 174 sales |
| 85,000 mi | $8,995 | 126 sales |
| 90,000 mi | $8,695 | 133 sales |
| 95,000 mi | $7,925 | 112 sales |
| 100,000 mi | $7,900 | 112 sales |
| 105,000 mi | $7,970 | 109 sales |
| 110,000 mi | $7,988 | 131 sales |
| 115,000 mi | $7,910 | 94 sales |
| 120,000 mi | $7,995 | 79 sales |
| 125,000 mi | $7,948 | 92 sales |
| 130,000 mi | $6,995 | 62 sales |
| 135,000 mi | $7,085 | 47 sales |
| 140,000 mi | $7,299 | 59 sales |
| 145,000 mi | $6,971 | 36 sales |
| 150,000 mi | $6,500 | 23 sales |
| 155,000 mi | $6,495 | 19 sales |
| 160,000 mi | $7,496 | 11 sales |
| 165,000 mi | $5,995 | 17 sales |
| 175,000 mi | $5,748 | 14 sales |
Frequently asked questions
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
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.
Proper maintenance and good condition can slow the depreciation of a 2013 MITSUBISHI LANCER by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
Depreciation directly affects the resale value of a 2013 MITSUBISHI LANCER, with faster depreciating vehicles typically having lower resale values over time.
Other years of MITSUBISHI LANCER
2002 MITSUBISHI LANCER
$4,995 average used price
700+ sales records
2003 MITSUBISHI LANCER
$3,995 average used price
980+ sales records
2005 MITSUBISHI LANCER
$4,600 average used price
540+ sales records
2011 MITSUBISHI LANCER
$7,995 average used price
3,700+ sales records
2012 MITSUBISHI LANCER
$7,995 average used price
3,000+ sales records
2017 MITSUBISHI LANCER
$11,995 average used price
8,700+ sales records
Similar Models
2010 MITSUBISHI LANCER EVOLUTION
$34,695 MSRP
$24,248 average used price
1,200+ sales records
2012 MITSUBISHI OUTLANDER
$25,999 MSRP
$9,498 average used price
2,200+ sales records
2014 MITSUBISHI OUTLANDER
$25,999 MSRP
$9,013 average used price
6,200+ sales records
2014 MITSUBISHI MIRAGE
$17,515 MSRP
$6,995 average used price
5,200+ sales records
2015 MITSUBISHI LANCER EVOLUTION
$34,695 MSRP
$34,000 average used price
4,400+ sales records
2015 MITSUBISHI MIRAGE
$17,515 MSRP
$7,452 average used price
14,400+ sales records
