Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 TOYOTA MIRAI'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 MIRAI in 2020 was $52,529.
The average price for used 2020 TOYOTA MIRAI nowadays in 2024 is $12,495 which is 24% from the original price.
Estimated mileage driven per year is 8,738 miles.
The graph below is a depreciation curve for 2020 TOYOTA MIRAI. 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 MIRAI 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 | $52,529 | — | — | 100% | 0% |
| 2021 | 17,476 mi | $18,949 | +$0 | +0% | 36.07% | 63.93% |
| 2022 | 26,214 mi | $17,688 | +$1,261 | +6.65% | 33.67% | 66.33% |
| 2023 | 34,952 mi | $15,988 | +$1,700 | +9.61% | 30.44% | 69.56% |
| 2024 | 43,690 mi | $12,495 | +$3,493 | +21.85% | 23.79% | 76.21% |
| 2025 | 52,428 mi | $10,981 | +$1,514 | +12.12% | 20.9% | 79.1% |
| 2026 | 61,166 mi | $9,998 | +$983 | +8.95% | 19.03% | 80.97% |
| 2027 | 69,904 mi | $7,993 | +$2,005 | +20.05% | 15.22% | 84.78% |
| 2028 | 78,642 mi | $7,495 | +$498 | +6.23% | 14.27% | 85.73% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA MIRAI’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 MIRAI. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA MIRAI by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $16,781 | 13 sales |
| 15,000 mi | $12,994 | 12 sales |
| 20,000 mi | $14,491 | 31 sales |
| 25,000 mi | $13,635 | 54 sales |
| 30,000 mi | $12,996 | 100 sales |
| 35,000 mi | $13,188 | 71 sales |
| 40,000 mi | $12,299 | 30 sales |
| 45,000 mi | $12,838 | 26 sales |
Frequently asked questions
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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 market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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 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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Other years of TOYOTA MIRAI
2016 TOYOTA MIRAI
$7,495 average used price
1,200+ sales records
2017 TOYOTA MIRAI
$7,993 average used price
3,900+ sales records
2019 TOYOTA MIRAI
$10,981 average used price
2,400+ sales records
2021 TOYOTA MIRAI
$15,988 average used price
1,400+ sales records
2022 TOYOTA MIRAI
$17,688 average used price
710+ sales records
2023 TOYOTA MIRAI
$18,949 average used price
50+ sales records
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