Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 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) 2020 TOYOTA LAND CRUISER in 2020 was $87,773.
The average price for used 2020 TOYOTA LAND CRUISER nowadays in 2024 is $78,991 which is 90% from the original price.
Estimated mileage driven per year is 10,269 miles.
The graph below is a depreciation curve for 2020 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 2020 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 | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $87,773 | — | — | 100% | 0% |
| 2020 | 10,269 mi | $86,524 | +$1,249 | +1.42% | 98.58% | 1.42% |
| 2023 | 41,076 mi | $82,999 | +$0 | +0% | 94.56% | 5.44% |
| 2024 | 51,345 mi | $78,991 | +$4,008 | +4.83% | 89.99% | 10.01% |
| 2025 | 61,614 mi | $63,950 | +$15,041 | +19.04% | 72.86% | 27.14% |
| 2026 | 71,883 mi | $63,895 | +$55 | +0.09% | 72.8% | 27.2% |
| 2027 | 82,152 mi | $56,672 | +$7,223 | +11.3% | 64.57% | 35.43% |
| 2028 | 92,421 mi | $51,743 | +$4,929 | +8.7% | 58.95% | 41.05% |
| 2029 | 102,690 mi | $41,500 | +$10,243 | +19.8% | 47.28% | 52.72% |
| 2030 | 112,959 mi | $41,189 | +$311 | +0.75% | 46.93% | 53.07% |
| 2031 | 123,228 mi | $34,250 | +$6,939 | +16.85% | 39.02% | 60.98% |
| 2033 | 143,766 mi | $29,950 | +$0 | +0% | 34.12% | 65.88% |
| 2034 | 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 2020 TOYOTA LAND CRUISER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA LAND CRUISER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $84,976 | 72 sales |
| 5,000 mi | $84,965 | 265 sales |
| 10,000 mi | $82,981 | 387 sales |
| 15,000 mi | $87,847 | 276 sales |
| 20,000 mi | $89,970 | 263 sales |
| 25,000 mi | $89,992 | 178 sales |
| 30,000 mi | $88,525 | 185 sales |
| 35,000 mi | $85,997 | 125 sales |
| 40,000 mi | $83,990 | 109 sales |
| 45,000 mi | $81,929 | 98 sales |
| 50,000 mi | $79,998 | 93 sales |
| 55,000 mi | $79,997 | 44 sales |
| 60,000 mi | $77,500 | 31 sales |
| 65,000 mi | $77,235 | 31 sales |
| 70,000 mi | $74,953 | 35 sales |
| 75,000 mi | $70,999 | 23 sales |
Frequently asked questions
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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 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.
Other years of TOYOTA LAND CRUISER
1993 TOYOTA LAND CRUISER
$22,950 average used price
570+ sales records
1995 TOYOTA LAND CRUISER
$18,000 average used price
600+ sales records
1999 TOYOTA LAND CRUISER
$13,898 average used price
1,300+ sales records
2000 TOYOTA LAND CRUISER
$12,988 average used price
1,800+ sales records
2003 TOYOTA LAND CRUISER
$15,000 average used price
1,100+ sales records
2017 TOYOTA LAND CRUISER
$56,672 average used price
3,100+ sales records
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2020 TOYOTA LAND CRUISER on BADVIN
