Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 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) 1998 TOYOTA LAND CRUISER in 1998 was $87,773.
The average price for used 1998 TOYOTA LAND CRUISER nowadays in 2024 is $14,745 which is 17% from the original price.
Estimated mileage driven per year is 10,269 miles.
The graph below is a depreciation curve for 1998 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 1998 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 | ||
|---|---|---|---|---|---|---|
| 1998 MSRP | 0 mi | $87,773 | — | — | 100% | 0% |
| 1998 | 10,269 mi | $86,524 | +$1,249 | +1.42% | 98.58% | 1.42% |
| 2001 | 41,076 mi | $82,999 | +$0 | +0% | 94.56% | 5.44% |
| 2002 | 51,345 mi | $78,991 | +$4,008 | +4.83% | 89.99% | 10.01% |
| 2003 | 61,614 mi | $63,950 | +$15,041 | +19.04% | 72.86% | 27.14% |
| 2004 | 71,883 mi | $63,895 | +$55 | +0.09% | 72.8% | 27.2% |
| 2005 | 82,152 mi | $56,672 | +$7,223 | +11.3% | 64.57% | 35.43% |
| 2006 | 92,421 mi | $51,743 | +$4,929 | +8.7% | 58.95% | 41.05% |
| 2007 | 102,690 mi | $41,500 | +$10,243 | +19.8% | 47.28% | 52.72% |
| 2008 | 112,959 mi | $41,189 | +$311 | +0.75% | 46.93% | 53.07% |
| 2009 | 123,228 mi | $34,250 | +$6,939 | +16.85% | 39.02% | 60.98% |
| 2011 | 143,766 mi | $29,950 | +$0 | +0% | 34.12% | 65.88% |
| 2012 | 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 1998 TOYOTA LAND CRUISER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 TOYOTA LAND CRUISER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 120,000 mi | $19,995 | 13 sales |
| 125,000 mi | $22,900 | 11 sales |
| 140,000 mi | $23,950 | 10 sales |
| 145,000 mi | $22,998 | 16 sales |
| 150,000 mi | $10,638 | 12 sales |
| 160,000 mi | $12,997 | 10 sales |
| 165,000 mi | $14,900 | 15 sales |
| 170,000 mi | $18,900 | 12 sales |
| 175,000 mi | $19,980 | 12 sales |
| 180,000 mi | $23,950 | 12 sales |
| 190,000 mi | $15,498 | 14 sales |
| 200,000 mi | $10,995 | 11 sales |
| 205,000 mi | $11,899 | 28 sales |
| 210,000 mi | $9,464 | 15 sales |
| 215,000 mi | $13,995 | 38 sales |
| 220,000 mi | $13,995 | 12 sales |
| 225,000 mi | $13,450 | 30 sales |
| 230,000 mi | $12,500 | 24 sales |
| 235,000 mi | $13,150 | 11 sales |
| 240,000 mi | $11,226 | 20 sales |
| 255,000 mi | $8,990 | 14 sales |
| 280,000 mi | $13,700 | 10 sales |
| 285,000 mi | $11,889 | 10 sales |
Frequently asked questions
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Proper maintenance and good condition can slow the depreciation of a 1998 TOYOTA LAND CRUISER by making it more attractive to potential buyers, thereby preserving more of its value.
Other years of TOYOTA LAND CRUISER
1991 TOYOTA LAND CRUISER
$17,500 average used price
450+ sales records
1999 TOYOTA LAND CRUISER
$13,898 average used price
1,300+ sales records
2001 TOYOTA LAND CRUISER
$11,999 average used price
870+ sales records
2016 TOYOTA LAND CRUISER
$51,743 average used price
3,400+ 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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