Depreciation
The depreciation graph and accompanying table on our page detail how the 2016 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) 2016 TOYOTA LAND CRUISER in 2016 was $87,773.
The average price for used 2016 TOYOTA LAND CRUISER nowadays in 2024 is $51,743 which is 59% from the original price.
Estimated mileage driven per year is 10,269 miles.
The graph below is a depreciation curve for 2016 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 2016 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 | ||
|---|---|---|---|---|---|---|
| 2016 MSRP | 0 mi | $87,773 | — | — | 100% | 0% |
| 2016 | 10,269 mi | $86,524 | +$1,249 | +1.42% | 98.58% | 1.42% |
| 2019 | 41,076 mi | $82,999 | +$0 | +0% | 94.56% | 5.44% |
| 2020 | 51,345 mi | $78,991 | +$4,008 | +4.83% | 89.99% | 10.01% |
| 2021 | 61,614 mi | $63,950 | +$15,041 | +19.04% | 72.86% | 27.14% |
| 2022 | 71,883 mi | $63,895 | +$55 | +0.09% | 72.8% | 27.2% |
| 2023 | 82,152 mi | $56,672 | +$7,223 | +11.3% | 64.57% | 35.43% |
| 2024 | 92,421 mi | $51,743 | +$4,929 | +8.7% | 58.95% | 41.05% |
| 2025 | 102,690 mi | $41,500 | +$10,243 | +19.8% | 47.28% | 52.72% |
| 2026 | 112,959 mi | $41,189 | +$311 | +0.75% | 46.93% | 53.07% |
| 2027 | 123,228 mi | $34,250 | +$6,939 | +16.85% | 39.02% | 60.98% |
| 2029 | 143,766 mi | $29,950 | +$0 | +0% | 34.12% | 65.88% |
| 2030 | 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 2016 TOYOTA LAND CRUISER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2016 TOYOTA LAND CRUISER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $69,990 | 14 sales |
| 15,000 mi | $66,995 | 51 sales |
| 20,000 mi | $64,483 | 38 sales |
| 25,000 mi | $65,000 | 91 sales |
| 30,000 mi | $62,924 | 131 sales |
| 35,000 mi | $60,400 | 168 sales |
| 40,000 mi | $62,946 | 208 sales |
| 45,000 mi | $61,998 | 165 sales |
| 50,000 mi | $59,995 | 195 sales |
| 55,000 mi | $60,990 | 174 sales |
| 60,000 mi | $58,995 | 195 sales |
| 65,000 mi | $60,500 | 192 sales |
| 70,000 mi | $58,500 | 193 sales |
| 75,000 mi | $58,362 | 193 sales |
| 80,000 mi | $58,913 | 217 sales |
| 85,000 mi | $56,850 | 115 sales |
| 90,000 mi | $54,998 | 145 sales |
| 95,000 mi | $54,911 | 103 sales |
| 100,000 mi | $55,472 | 74 sales |
| 105,000 mi | $55,878 | 95 sales |
| 110,000 mi | $53,159 | 92 sales |
| 115,000 mi | $52,968 | 64 sales |
| 120,000 mi | $49,985 | 44 sales |
| 125,000 mi | $48,844 | 40 sales |
| 130,000 mi | $48,493 | 34 sales |
| 135,000 mi | $49,995 | 29 sales |
| 140,000 mi | $46,500 | 17 sales |
| 145,000 mi | $49,985 | 21 sales |
| 155,000 mi | $44,991 | 18 sales |
| 170,000 mi | $46,500 | 13 sales |
Frequently asked questions
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.
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.
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.
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.
Aftermarket modifications can affect the depreciation of 2016 TOYOTA LAND CRUISER either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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 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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Other years of TOYOTA LAND CRUISER
1994 TOYOTA LAND CRUISER
$22,000 average used price
780+ sales records
2000 TOYOTA LAND CRUISER
$12,988 average used price
1,800+ sales records
2004 TOYOTA LAND CRUISER
$16,350 average used price
1,400+ sales records
2013 TOYOTA LAND CRUISER
$34,250 average used price
3,100+ sales records
2017 TOYOTA LAND CRUISER
$56,672 average used price
3,100+ sales records
2018 TOYOTA LAND CRUISER
$63,895 average used price
3,300+ sales records
Similar Models
2018 TOYOTA TACOMA
$37,100 MSRP
$30,989 average used price
141,500+ sales records
2018 TOYOTA C-HR
$24,520 MSRP
$17,995 average used price
56,400+ sales records
2018 TOYOTA 86
$30,093 MSRP
$24,568 average used price
2,000+ sales records
2018 TOYOTA 4RUNNER
$41,860 MSRP
$32,010 average used price
113,900+ sales records
2019 TOYOTA SEQUOIA
$66,120 MSRP
$42,891 average used price
14,800+ sales records
2019 TOYOTA YARIS
$17,705 MSRP
$15,495 average used price
16,800+ sales records
2016 TOYOTA LAND CRUISER on BADVIN
