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2008 TOYOTA MATRIX
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2008 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) 2008 TOYOTA MATRIX in 2008 was $9,490.
The average price for used 2008 TOYOTA MATRIX nowadays in 2024 is $7,523 which is 79% from the original price.
Estimated mileage driven per year is 10,721 miles.
The graph below is a depreciation curve for 2008 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 2008 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.
YearAverage MileageAverage Price% Left% Lost
2008 MSRP0 mi$9,490100%0%
2019128,652 mi$11,995+$0+0%126.4%-26.4%
2020139,373 mi$11,400+$595+4.96%120.13%-20.13%
2021150,094 mi$7,694+$3,706+32.51%81.07%18.93%
2022160,815 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 2008 TOYOTA MATRIX. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 TOYOTA MATRIX by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
50,000 mi$10,44514 sales
55,000 mi$8,98816 sales
60,000 mi$9,38416 sales
65,000 mi$8,94338 sales
70,000 mi$9,98135 sales
75,000 mi$9,90037 sales
80,000 mi$7,77741 sales
85,000 mi$8,86347 sales
90,000 mi$7,99566 sales
95,000 mi$8,50068 sales
100,000 mi$7,80047 sales
105,000 mi$6,99368 sales
110,000 mi$6,99963 sales
115,000 mi$6,99174 sales
120,000 mi$6,99764 sales
125,000 mi$6,99591 sales
130,000 mi$6,90458 sales
135,000 mi$5,99570 sales
140,000 mi$5,92558 sales
145,000 mi$5,50057 sales
150,000 mi$6,97745 sales
155,000 mi$6,49849 sales
160,000 mi$5,98059 sales
165,000 mi$5,00043 sales
170,000 mi$5,65022 sales
175,000 mi$5,00033 sales
180,000 mi$4,99529 sales
185,000 mi$5,99418 sales
190,000 mi$5,77334 sales
195,000 mi$5,94516 sales
200,000 mi$3,97214 sales
205,000 mi$4,30024 sales
210,000 mi$4,89212 sales
215,000 mi$5,49914 sales
220,000 mi$3,99522 sales
Frequently asked questions
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
Aftermarket modifications can affect the depreciation of 2008 TOYOTA MATRIX either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
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.
Other years of TOYOTA MATRIX
matrix
2003 TOYOTA MATRIX
$5,298 average used price
3,000+ sales records
matrix
2004 TOYOTA MATRIX
$5,950 average used price
2,700+ sales records
matrix
2005 TOYOTA MATRIX
$6,388 average used price
3,900+ sales records
matrix
2006 TOYOTA MATRIX
$5,997 average used price
3,700+ sales records
matrix
2007 TOYOTA MATRIX
$6,995 average used price
3,100+ sales records
matrix
2010 TOYOTA MATRIX
$8,570 average used price
4,600+ sales records
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