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corolla

1988 TOYOTA COROLLA
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 1988 TOYOTA COROLLA'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) 1988 TOYOTA COROLLA in 1988 was $21,900.
The average price for used 1988 TOYOTA COROLLA nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 9,706 miles.
The graph below is a depreciation curve for 1988 TOYOTA COROLLA. 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 1988 TOYOTA COROLLA 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.
YearAverage MileageAverage Price% Left% Lost
1988 MSRP0 mi$21,900100%0%
19889,706 mi$23,998−$2,098−9.58%109.58%-9.58%
198919,412 mi$21,997+$2,001+8.34%100.44%-0.44%
199029,118 mi$20,988+$1,009+4.59%95.84%4.16%
199138,824 mi$19,995+$993+4.73%91.3%8.7%
199248,530 mi$18,800+$1,195+5.98%85.84%14.16%
199358,236 mi$17,598+$1,202+6.39%80.36%19.64%
199467,942 mi$16,042+$1,556+8.84%73.25%26.75%
199577,648 mi$15,477+$565+3.52%70.67%29.33%
199687,354 mi$14,499+$978+6.32%66.21%33.79%
199797,060 mi$13,900+$599+4.13%63.47%36.53%
1998106,766 mi$12,995+$905+6.51%59.34%40.66%
1999116,472 mi$11,516+$1,479+11.38%52.58%47.42%
2000126,178 mi$10,992+$524+4.55%50.19%49.81%
2001135,884 mi$9,600+$1,392+12.66%43.84%56.16%
2002145,590 mi$8,990+$610+6.35%41.05%58.95%

Price vs Mileage

Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA COROLLA’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 1988 TOYOTA COROLLA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1988 TOYOTA COROLLA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
Frequently asked questions
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.
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.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
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.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Other years of TOYOTA COROLLA
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1995 TOYOTA COROLLA
$4,995 average used price
510+ sales records
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2005 TOYOTA COROLLA
$6,273 average used price
14,800+ sales records
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2007 TOYOTA COROLLA
$6,869 average used price
16,100+ sales records
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2013 TOYOTA COROLLA
$11,516 average used price
62,800+ sales records
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2015 TOYOTA COROLLA
$13,900 average used price
92,000+ sales records
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2017 TOYOTA COROLLA
$15,477 average used price
176,000+ sales records
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