Depreciation
The depreciation graph and accompanying table on our page detail how the 2015 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) 2015 TOYOTA COROLLA in 2015 was $21,900.
The average price for used 2015 TOYOTA COROLLA nowadays in 2024 is $13,900 which is 63% from the original price.
Estimated mileage driven per year is 9,706 miles.
The graph below is a depreciation curve for 2015 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 2015 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 | ||
|---|---|---|---|---|---|---|
| 2015 MSRP | 0 mi | $21,900 | — | — | 100% | 0% |
| 2015 | 9,706 mi | $23,998 | −$2,098 | −9.58% | 109.58% | -9.58% |
| 2016 | 19,412 mi | $21,997 | +$2,001 | +8.34% | 100.44% | -0.44% |
| 2017 | 29,118 mi | $20,988 | +$1,009 | +4.59% | 95.84% | 4.16% |
| 2018 | 38,824 mi | $19,995 | +$993 | +4.73% | 91.3% | 8.7% |
| 2019 | 48,530 mi | $18,800 | +$1,195 | +5.98% | 85.84% | 14.16% |
| 2020 | 58,236 mi | $17,598 | +$1,202 | +6.39% | 80.36% | 19.64% |
| 2021 | 67,942 mi | $16,042 | +$1,556 | +8.84% | 73.25% | 26.75% |
| 2022 | 77,648 mi | $15,477 | +$565 | +3.52% | 70.67% | 29.33% |
| 2023 | 87,354 mi | $14,499 | +$978 | +6.32% | 66.21% | 33.79% |
| 2024 | 97,060 mi | $13,900 | +$599 | +4.13% | 63.47% | 36.53% |
| 2025 | 106,766 mi | $12,995 | +$905 | +6.51% | 59.34% | 40.66% |
| 2026 | 116,472 mi | $11,516 | +$1,479 | +11.38% | 52.58% | 47.42% |
| 2027 | 126,178 mi | $10,992 | +$524 | +4.55% | 50.19% | 49.81% |
| 2028 | 135,884 mi | $9,600 | +$1,392 | +12.66% | 43.84% | 56.16% |
| 2029 | 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 2015 TOYOTA COROLLA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2015 TOYOTA COROLLA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $18,988 | 25 sales |
| 15,000 mi | $17,995 | 23 sales |
| 20,000 mi | $17,305 | 32 sales |
| 25,000 mi | $17,476 | 78 sales |
| 30,000 mi | $17,468 | 72 sales |
| 35,000 mi | $16,812 | 121 sales |
| 40,000 mi | $16,988 | 105 sales |
| 45,000 mi | $15,990 | 133 sales |
| 50,000 mi | $16,405 | 184 sales |
| 55,000 mi | $15,901 | 195 sales |
| 60,000 mi | $15,834 | 231 sales |
| 65,000 mi | $15,811 | 249 sales |
| 70,000 mi | $15,147 | 313 sales |
| 75,000 mi | $14,973 | 322 sales |
| 80,000 mi | $14,591 | 323 sales |
| 85,000 mi | $14,361 | 314 sales |
| 90,000 mi | $13,990 | 365 sales |
| 95,000 mi | $13,891 | 319 sales |
| 100,000 mi | $13,623 | 334 sales |
| 105,000 mi | $12,997 | 262 sales |
| 110,000 mi | $12,998 | 292 sales |
| 115,000 mi | $12,675 | 253 sales |
| 120,000 mi | $12,619 | 256 sales |
| 125,000 mi | $12,222 | 233 sales |
| 130,000 mi | $11,500 | 191 sales |
| 135,000 mi | $11,838 | 154 sales |
| 140,000 mi | $10,993 | 122 sales |
| 145,000 mi | $10,953 | 104 sales |
| 150,000 mi | $9,999 | 84 sales |
| 155,000 mi | $10,137 | 76 sales |
| 160,000 mi | $9,999 | 50 sales |
| 165,000 mi | $9,557 | 55 sales |
| 170,000 mi | $9,991 | 36 sales |
| 175,000 mi | $9,853 | 44 sales |
| 180,000 mi | $8,995 | 21 sales |
| 185,000 mi | $9,000 | 32 sales |
| 190,000 mi | $9,000 | 18 sales |
| 200,000 mi | $7,999 | 11 sales |
Frequently asked questions
Depreciation directly affects the resale value of a 2015 TOYOTA COROLLA, with faster depreciating vehicles typically having lower resale values over time.
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.
Proper maintenance and good condition can slow the depreciation of a 2015 TOYOTA COROLLA by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Aftermarket modifications can affect the depreciation of 2015 TOYOTA COROLLA either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
Other years of TOYOTA COROLLA
1995 TOYOTA COROLLA
$4,995 average used price
510+ sales records
2000 TOYOTA COROLLA
$4,777 average used price
2,500+ sales records
2001 TOYOTA COROLLA
$4,989 average used price
3,500+ sales records
2013 TOYOTA COROLLA
$11,516 average used price
62,800+ sales records
2021 TOYOTA COROLLA
$19,995 average used price
222,300+ sales records
2024 TOYOTA COROLLA
$23,998 average used price
7,900+ sales records
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