Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 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) 2007 TOYOTA COROLLA in 2007 was $21,900.
The average price for used 2007 TOYOTA COROLLA nowadays in 2024 is $6,869 which is 31% from the original price.
Estimated mileage driven per year is 9,706 miles.
The graph below is a depreciation curve for 2007 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 2007 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.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $21,900 | — | — | 100% | 0% |
| 2007 | 9,706 mi | $23,998 | −$2,098 | −9.58% | 109.58% | -9.58% |
| 2008 | 19,412 mi | $21,997 | +$2,001 | +8.34% | 100.44% | -0.44% |
| 2009 | 29,118 mi | $20,988 | +$1,009 | +4.59% | 95.84% | 4.16% |
| 2010 | 38,824 mi | $19,995 | +$993 | +4.73% | 91.3% | 8.7% |
| 2011 | 48,530 mi | $18,800 | +$1,195 | +5.98% | 85.84% | 14.16% |
| 2012 | 58,236 mi | $17,598 | +$1,202 | +6.39% | 80.36% | 19.64% |
| 2013 | 67,942 mi | $16,042 | +$1,556 | +8.84% | 73.25% | 26.75% |
| 2014 | 77,648 mi | $15,477 | +$565 | +3.52% | 70.67% | 29.33% |
| 2015 | 87,354 mi | $14,499 | +$978 | +6.32% | 66.21% | 33.79% |
| 2016 | 97,060 mi | $13,900 | +$599 | +4.13% | 63.47% | 36.53% |
| 2017 | 106,766 mi | $12,995 | +$905 | +6.51% | 59.34% | 40.66% |
| 2018 | 116,472 mi | $11,516 | +$1,479 | +11.38% | 52.58% | 47.42% |
| 2019 | 126,178 mi | $10,992 | +$524 | +4.55% | 50.19% | 49.81% |
| 2020 | 135,884 mi | $9,600 | +$1,392 | +12.66% | 43.84% | 56.16% |
| 2021 | 145,590 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 2007 TOYOTA COROLLA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 TOYOTA COROLLA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $12,995 | 12 sales |
| 25,000 mi | $11,500 | 13 sales |
| 30,000 mi | $10,995 | 18 sales |
| 35,000 mi | $11,086 | 29 sales |
| 40,000 mi | $9,995 | 16 sales |
| 45,000 mi | $10,495 | 37 sales |
| 50,000 mi | $10,900 | 30 sales |
| 55,000 mi | $9,993 | 39 sales |
| 60,000 mi | $9,999 | 81 sales |
| 65,000 mi | $9,277 | 43 sales |
| 70,000 mi | $9,600 | 63 sales |
| 75,000 mi | $8,999 | 71 sales |
| 80,000 mi | $9,078 | 73 sales |
| 85,000 mi | $9,000 | 72 sales |
| 90,000 mi | $8,739 | 82 sales |
| 95,000 mi | $8,420 | 128 sales |
| 100,000 mi | $8,137 | 132 sales |
| 105,000 mi | $8,199 | 129 sales |
| 110,000 mi | $7,995 | 124 sales |
| 115,000 mi | $7,599 | 111 sales |
| 120,000 mi | $7,950 | 144 sales |
| 125,000 mi | $7,499 | 161 sales |
| 130,000 mi | $7,295 | 152 sales |
| 135,000 mi | $7,495 | 187 sales |
| 140,000 mi | $6,997 | 155 sales |
| 145,000 mi | $6,774 | 161 sales |
| 150,000 mi | $6,592 | 146 sales |
| 155,000 mi | $6,408 | 132 sales |
| 160,000 mi | $6,500 | 138 sales |
| 165,000 mi | $5,997 | 92 sales |
| 170,000 mi | $6,200 | 120 sales |
| 175,000 mi | $5,995 | 115 sales |
| 180,000 mi | $5,900 | 87 sales |
| 185,000 mi | $5,995 | 63 sales |
| 190,000 mi | $5,300 | 69 sales |
| 195,000 mi | $4,999 | 72 sales |
| 200,000 mi | $5,349 | 52 sales |
| 205,000 mi | $4,973 | 44 sales |
| 210,000 mi | $4,900 | 49 sales |
| 215,000 mi | $5,000 | 47 sales |
| 220,000 mi | $4,995 | 49 sales |
| 225,000 mi | $5,000 | 32 sales |
| 230,000 mi | $4,965 | 19 sales |
| 235,000 mi | $4,977 | 19 sales |
| 240,000 mi | $4,550 | 22 sales |
| 245,000 mi | $4,988 | 14 sales |
| 250,000 mi | $4,995 | 18 sales |
| 255,000 mi | $4,486 | 12 sales |
| 265,000 mi | $4,995 | 16 sales |
| 285,000 mi | $4,491 | 10 sales |
| 300,000 mi | $3,995 | 27 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.
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.
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.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
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.
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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
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.
Other years of TOYOTA COROLLA
1994 TOYOTA COROLLA
$3,999 average used price
340+ sales records
1996 TOYOTA COROLLA
$4,473 average used price
710+ sales records
2003 TOYOTA COROLLA
$5,900 average used price
9,400+ sales records
2011 TOYOTA COROLLA
$9,600 average used price
37,400+ sales records
2017 TOYOTA COROLLA
$15,477 average used price
176,000+ sales records
2021 TOYOTA COROLLA
$19,995 average used price
222,300+ sales records
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