Depreciation
The depreciation graph and accompanying table on our page detail how the 1988 TOYOTA LAND CRUISER'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 LAND CRUISER in 1988 was $87,773.
The average price for used 1988 TOYOTA LAND CRUISER nowadays in 2024 is $34,999 which is 40% from the original price.
Estimated mileage driven per year is 10,269 miles.
The graph below is a depreciation curve for 1988 TOYOTA LAND CRUISER. 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 LAND CRUISER 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 | ||
|---|---|---|---|---|---|---|
| 1988 MSRP | 0 mi | $87,773 | — | — | 100% | 0% |
| 1988 | 10,269 mi | $86,524 | +$1,249 | +1.42% | 98.58% | 1.42% |
| 1991 | 41,076 mi | $82,999 | +$0 | +0% | 94.56% | 5.44% |
| 1992 | 51,345 mi | $78,991 | +$4,008 | +4.83% | 89.99% | 10.01% |
| 1993 | 61,614 mi | $63,950 | +$15,041 | +19.04% | 72.86% | 27.14% |
| 1994 | 71,883 mi | $63,895 | +$55 | +0.09% | 72.8% | 27.2% |
| 1995 | 82,152 mi | $56,672 | +$7,223 | +11.3% | 64.57% | 35.43% |
| 1996 | 92,421 mi | $51,743 | +$4,929 | +8.7% | 58.95% | 41.05% |
| 1997 | 102,690 mi | $41,500 | +$10,243 | +19.8% | 47.28% | 52.72% |
| 1998 | 112,959 mi | $41,189 | +$311 | +0.75% | 46.93% | 53.07% |
| 1999 | 123,228 mi | $34,250 | +$6,939 | +16.85% | 39.02% | 60.98% |
| 2001 | 143,766 mi | $29,950 | +$0 | +0% | 34.12% | 65.88% |
| 2002 | 154,035 mi | $28,998 | +$952 | +3.18% | 33.04% | 66.96% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA LAND CRUISER’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 LAND CRUISER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1988 TOYOTA LAND CRUISER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 155,000 mi | $14,743 | 14 sales |
| 165,000 mi | $16,500 | 29 sales |
| 175,000 mi | $16,500 | 14 sales |
| 190,000 mi | $18,700 | 18 sales |
| 205,000 mi | $17,999 | 10 sales |
| 215,000 mi | $23,800 | 11 sales |
| 230,000 mi | $17,000 | 16 sales |
| 235,000 mi | $20,725 | 10 sales |
| 240,000 mi | $22,999 | 21 sales |
| 245,000 mi | $28,470 | 12 sales |
| 305,000 mi | $11,500 | 11 sales |
Frequently asked questions
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
Other years of TOYOTA LAND CRUISER
2013 TOYOTA LAND CRUISER
$34,250 average used price
3,100+ sales records
2014 TOYOTA LAND CRUISER
$41,189 average used price
2,600+ sales records
2019 TOYOTA LAND CRUISER
$63,950 average used price
4,400+ sales records
2020 TOYOTA LAND CRUISER
$78,991 average used price
3,800+ sales records
2021 TOYOTA LAND CRUISER
$82,999 average used price
5,400+ sales records
2024 TOYOTA LAND CRUISER
410+ sales records
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1988 TOYOTA LAND CRUISER on BADVIN
