Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA MR2’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 1988 TOYOTA MR2. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1988 TOYOTA MR2 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Depreciation directly affects the resale value of a 1988 TOYOTA MR2, with faster depreciating vehicles typically having lower resale values over time.
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.
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
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.
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 MR2
1985 TOYOTA MR2
110+ sales records
1987 TOYOTA MR2
80+ sales records
1992 TOYOTA MR2
120+ sales records
1994 TOYOTA MR2
70+ sales records
2002 TOYOTA MR2
$11,998 average used price
1,100+ sales records
2003 TOYOTA MR2
$12,992 average used price
1,500+ sales records
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1991 TOYOTA LAND CRUISER
$87,773 MSRP
$17,500 average used price
450+ sales records
1991 TOYOTA COROLLA
$21,900 MSRP
$6,991 average used price
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1991 TOYOTA OTHER
$45,975 MSRP
90+ sales records
1991 TOYOTA ARISTO
10+ sales records
1988 TOYOTA MR2 on BADVIN
