Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 TOYOTA MATRIX'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) 2007 TOYOTA MATRIX in 2007 was $9,490.
The average price for used 2007 TOYOTA MATRIX nowadays in 2024 is $6,995 which is 74% from the original price.
Estimated mileage driven per year is 10,721 miles.
The graph below is a depreciation curve for 2007 TOYOTA MATRIX. 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 2007 TOYOTA MATRIX 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 | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $9,490 | — | — | 100% | 0% |
| 2018 | 128,652 mi | $11,995 | +$0 | +0% | 126.4% | -26.4% |
| 2019 | 139,373 mi | $11,400 | +$595 | +4.96% | 120.13% | -20.13% |
| 2020 | 150,094 mi | $7,694 | +$3,706 | +32.51% | 81.07% | 18.93% |
| 2021 | 160,815 mi | $8,570 | −$876 | −11.39% | 90.31% | 9.69% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA MATRIX’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 2007 TOYOTA MATRIX. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 TOYOTA MATRIX by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 35,000 mi | $8,995 | 12 sales |
| 40,000 mi | $9,692 | 16 sales |
| 45,000 mi | $7,965 | 17 sales |
| 50,000 mi | $8,995 | 15 sales |
| 55,000 mi | $8,900 | 14 sales |
| 60,000 mi | $8,743 | 26 sales |
| 65,000 mi | $7,991 | 44 sales |
| 70,000 mi | $8,988 | 34 sales |
| 75,000 mi | $7,990 | 47 sales |
| 80,000 mi | $7,250 | 51 sales |
| 85,000 mi | $7,125 | 62 sales |
| 90,000 mi | $6,999 | 70 sales |
| 95,000 mi | $6,936 | 64 sales |
| 100,000 mi | $6,995 | 91 sales |
| 105,000 mi | $7,723 | 70 sales |
| 110,000 mi | $7,394 | 100 sales |
| 115,000 mi | $6,491 | 101 sales |
| 120,000 mi | $6,467 | 109 sales |
| 125,000 mi | $6,488 | 100 sales |
| 130,000 mi | $6,234 | 109 sales |
| 135,000 mi | $6,495 | 88 sales |
| 140,000 mi | $5,998 | 95 sales |
| 145,000 mi | $5,995 | 96 sales |
| 150,000 mi | $6,000 | 116 sales |
| 155,000 mi | $6,168 | 68 sales |
| 160,000 mi | $5,495 | 93 sales |
| 165,000 mi | $4,995 | 87 sales |
| 170,000 mi | $5,980 | 67 sales |
| 175,000 mi | $5,798 | 82 sales |
| 180,000 mi | $5,500 | 67 sales |
| 185,000 mi | $4,995 | 57 sales |
| 190,000 mi | $4,997 | 55 sales |
| 195,000 mi | $4,993 | 50 sales |
| 200,000 mi | $4,563 | 38 sales |
| 205,000 mi | $4,998 | 38 sales |
| 210,000 mi | $3,995 | 21 sales |
| 215,000 mi | $3,998 | 23 sales |
| 220,000 mi | $3,952 | 22 sales |
| 225,000 mi | $3,977 | 30 sales |
| 230,000 mi | $4,425 | 16 sales |
| 240,000 mi | $3,550 | 17 sales |
| 245,000 mi | $3,109 | 14 sales |
| 260,000 mi | $3,973 | 10 sales |
| 300,000 mi | $2,000 | 13 sales |
Frequently asked questions
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.
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.
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.
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.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Proper maintenance and good condition can slow the depreciation of a 2007 TOYOTA MATRIX by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Other years of TOYOTA MATRIX
2005 TOYOTA MATRIX
$6,388 average used price
3,900+ sales records
2006 TOYOTA MATRIX
$5,997 average used price
3,700+ sales records
2008 TOYOTA MATRIX
$7,523 average used price
2,000+ sales records
2009 TOYOTA MATRIX
$7,999 average used price
8,900+ sales records
2011 TOYOTA MATRIX
$7,694 average used price
680+ sales records
2014 TOYOTA MATRIX
10+ sales records
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