Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 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) 2023 TOYOTA MIRAI in 2023 was $52,529.
The average price for used 2023 TOYOTA MIRAI nowadays in 2024 is $18,949 which is 36% from the original price.
Estimated mileage driven per year is 8,738 miles.
The graph below is a depreciation curve for 2023 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 2023 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 | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $52,529 | — | — | 100% | 0% |
| 2024 | 17,476 mi | $18,949 | +$0 | +0% | 36.07% | 63.93% |
| 2025 | 26,214 mi | $17,688 | +$1,261 | +6.65% | 33.67% | 66.33% |
| 2026 | 34,952 mi | $15,988 | +$1,700 | +9.61% | 30.44% | 69.56% |
| 2027 | 43,690 mi | $12,495 | +$3,493 | +21.85% | 23.79% | 76.21% |
| 2028 | 52,428 mi | $10,981 | +$1,514 | +12.12% | 20.9% | 79.1% |
| 2029 | 61,166 mi | $9,998 | +$983 | +8.95% | 19.03% | 80.97% |
| 2030 | 69,904 mi | $7,993 | +$2,005 | +20.05% | 15.22% | 84.78% |
| 2031 | 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 2023 TOYOTA MIRAI. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 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 | $19,995 | 13 sales |
Frequently asked questions
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
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 2023 TOYOTA MIRAI either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
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
2018 TOYOTA MIRAI
$9,998 average used price
2,200+ sales records
2020 TOYOTA MIRAI
$12,495 average used price
460+ 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
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2023 TOYOTA MIRAI on BADVIN
