Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 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) 2018 TOYOTA COROLLA in 2018 was $21,900.
The average price for used 2018 TOYOTA COROLLA nowadays in 2024 is $16,042 which is 73% from the original price.
Estimated mileage driven per year is 9,706 miles.
The graph below is a depreciation curve for 2018 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 2018 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 | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $21,900 | — | — | 100% | 0% |
| 2018 | 9,706 mi | $23,998 | −$2,098 | −9.58% | 109.58% | -9.58% |
| 2019 | 19,412 mi | $21,997 | +$2,001 | +8.34% | 100.44% | -0.44% |
| 2020 | 29,118 mi | $20,988 | +$1,009 | +4.59% | 95.84% | 4.16% |
| 2021 | 38,824 mi | $19,995 | +$993 | +4.73% | 91.3% | 8.7% |
| 2022 | 48,530 mi | $18,800 | +$1,195 | +5.98% | 85.84% | 14.16% |
| 2023 | 58,236 mi | $17,598 | +$1,202 | +6.39% | 80.36% | 19.64% |
| 2024 | 67,942 mi | $16,042 | +$1,556 | +8.84% | 73.25% | 26.75% |
| 2025 | 77,648 mi | $15,477 | +$565 | +3.52% | 70.67% | 29.33% |
| 2026 | 87,354 mi | $14,499 | +$978 | +6.32% | 66.21% | 33.79% |
| 2027 | 97,060 mi | $13,900 | +$599 | +4.13% | 63.47% | 36.53% |
| 2028 | 106,766 mi | $12,995 | +$905 | +6.51% | 59.34% | 40.66% |
| 2029 | 116,472 mi | $11,516 | +$1,479 | +11.38% | 52.58% | 47.42% |
| 2030 | 126,178 mi | $10,992 | +$524 | +4.55% | 50.19% | 49.81% |
| 2031 | 135,884 mi | $9,600 | +$1,392 | +12.66% | 43.84% | 56.16% |
| 2032 | 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 2018 TOYOTA COROLLA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 TOYOTA COROLLA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $20,489 | 16 sales |
| 10,000 mi | $19,998 | 38 sales |
| 15,000 mi | $19,998 | 83 sales |
| 20,000 mi | $19,386 | 102 sales |
| 25,000 mi | $19,483 | 183 sales |
| 30,000 mi | $18,922 | 170 sales |
| 35,000 mi | $18,903 | 217 sales |
| 40,000 mi | $18,313 | 246 sales |
| 45,000 mi | $17,998 | 318 sales |
| 50,000 mi | $17,796 | 391 sales |
| 55,000 mi | $17,550 | 321 sales |
| 60,000 mi | $16,975 | 351 sales |
| 65,000 mi | $16,296 | 364 sales |
| 70,000 mi | $15,995 | 341 sales |
| 75,000 mi | $15,981 | 304 sales |
| 80,000 mi | $15,525 | 361 sales |
| 85,000 mi | $15,000 | 292 sales |
| 90,000 mi | $15,000 | 256 sales |
| 95,000 mi | $14,888 | 268 sales |
| 100,000 mi | $14,500 | 180 sales |
| 105,000 mi | $14,000 | 158 sales |
| 110,000 mi | $14,488 | 123 sales |
| 115,000 mi | $13,995 | 126 sales |
| 120,000 mi | $13,495 | 79 sales |
| 125,000 mi | $12,998 | 72 sales |
| 130,000 mi | $12,895 | 50 sales |
| 135,000 mi | $11,875 | 36 sales |
| 140,000 mi | $12,988 | 29 sales |
| 145,000 mi | $11,895 | 41 sales |
| 150,000 mi | $11,085 | 20 sales |
| 155,000 mi | $12,499 | 17 sales |
| 165,000 mi | $10,800 | 11 sales |
Frequently asked questions
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
Aftermarket modifications can affect the depreciation of 2018 TOYOTA COROLLA either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Depreciation directly affects the resale value of a 2018 TOYOTA COROLLA, with faster depreciating vehicles typically having lower resale values over time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of TOYOTA COROLLA
1994 TOYOTA COROLLA
$3,999 average used price
340+ sales records
2003 TOYOTA COROLLA
$5,900 average used price
9,400+ sales records
2006 TOYOTA COROLLA
$6,435 average used price
15,500+ sales records
2011 TOYOTA COROLLA
$9,600 average used price
37,400+ sales records
2013 TOYOTA COROLLA
$11,516 average used price
62,800+ sales records
2022 TOYOTA COROLLA
$20,988 average used price
104,800+ sales records
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2018 TOYOTA COROLLA on BADVIN
