Depreciation
The depreciation graph and accompanying table on our page detail how the 2011 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) 2011 TOYOTA MATRIX in 2011 was $9,490.
The average price for used 2011 TOYOTA MATRIX nowadays in 2024 is $7,694 which is 81% from the original price.
Estimated mileage driven per year is 10,721 miles.
The graph below is a depreciation curve for 2011 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 2011 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 | ||
|---|---|---|---|---|---|---|
| 2011 MSRP | 0 mi | $9,490 | — | — | 100% | 0% |
| 2022 | 128,652 mi | $11,995 | +$0 | +0% | 126.4% | -26.4% |
| 2023 | 139,373 mi | $11,400 | +$595 | +4.96% | 120.13% | -20.13% |
| 2024 | 150,094 mi | $7,694 | +$3,706 | +32.51% | 81.07% | 18.93% |
| 2025 | 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 2011 TOYOTA MATRIX. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2011 TOYOTA MATRIX by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $15,990 | 13 sales |
| 35,000 mi | $14,499 | 27 sales |
| 40,000 mi | $13,500 | 11 sales |
| 55,000 mi | $10,556 | 13 sales |
| 60,000 mi | $12,374 | 12 sales |
| 65,000 mi | $12,481 | 10 sales |
| 70,000 mi | $10,998 | 44 sales |
| 75,000 mi | $9,999 | 19 sales |
| 80,000 mi | $9,000 | 20 sales |
| 85,000 mi | $9,500 | 41 sales |
| 90,000 mi | $10,422 | 30 sales |
| 95,000 mi | $10,995 | 20 sales |
| 100,000 mi | $9,999 | 32 sales |
| 105,000 mi | $9,874 | 29 sales |
| 110,000 mi | $9,881 | 36 sales |
| 115,000 mi | $8,995 | 31 sales |
| 120,000 mi | $9,114 | 25 sales |
| 125,000 mi | $7,500 | 17 sales |
| 130,000 mi | $7,995 | 17 sales |
| 135,000 mi | $8,588 | 15 sales |
| 140,000 mi | $8,301 | 13 sales |
| 145,000 mi | $7,662 | 12 sales |
| 150,000 mi | $7,999 | 21 sales |
| 160,000 mi | $7,522 | 15 sales |
Frequently asked questions
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.
Aftermarket modifications can affect the depreciation of 2011 TOYOTA MATRIX either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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 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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Other years of TOYOTA MATRIX
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
2010 TOYOTA MATRIX
$8,570 average used price
4,600+ sales records
2012 TOYOTA MATRIX
$11,400 average used price
910+ sales records
2013 TOYOTA MATRIX
$11,995 average used price
590+ sales records
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