Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 TOYOTA PRIUS'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 PRIUS in 2023 was $26,860.
The average price for used 2023 TOYOTA PRIUS nowadays in 2024 is $32,719 which is 122% from the original price.
Estimated mileage driven per year is 11,146 miles.
The graph below is a depreciation curve for 2023 TOYOTA PRIUS. 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 PRIUS 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 | $26,860 | — | — | 100% | 0% |
| 2023 | 11,146 mi | $36,998 | −$10,138 | −37.74% | 137.74% | -37.74% |
| 2024 | 22,292 mi | $32,719 | +$4,279 | +11.57% | 121.81% | -21.81% |
| 2025 | 33,438 mi | $24,998 | +$7,721 | +23.6% | 93.07% | 6.93% |
| 2026 | 44,584 mi | $25,500 | −$502 | −2.01% | 94.94% | 5.06% |
| 2027 | 55,730 mi | $24,977 | +$523 | +2.05% | 92.99% | 7.01% |
| 2028 | 66,876 mi | $22,998 | +$1,979 | +7.92% | 85.62% | 14.38% |
| 2029 | 78,022 mi | $21,762 | +$1,236 | +5.37% | 81.02% | 18.98% |
| 2030 | 89,168 mi | $19,772 | +$1,990 | +9.14% | 73.61% | 26.39% |
| 2031 | 100,314 mi | $17,961 | +$1,811 | +9.16% | 66.87% | 33.13% |
| 2032 | 111,460 mi | $14,995 | +$2,966 | +16.51% | 55.83% | 44.17% |
| 2033 | 122,606 mi | $13,399 | +$1,596 | +10.64% | 49.88% | 50.12% |
| 2034 | 133,752 mi | $12,000 | +$1,399 | +10.44% | 44.68% | 55.32% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA PRIUS’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 PRIUS. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA PRIUS by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $38,966 | 16 sales |
| 5,000 mi | $35,811 | 114 sales |
| 10,000 mi | $34,491 | 120 sales |
| 15,000 mi | $31,500 | 135 sales |
| 20,000 mi | $30,997 | 73 sales |
| 25,000 mi | $30,988 | 37 sales |
| 30,000 mi | $29,996 | 32 sales |
Frequently asked questions
Proper maintenance and good condition can slow the depreciation of a 2023 TOYOTA PRIUS by making it more attractive to potential buyers, thereby preserving more of its value.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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.
Aftermarket modifications can affect the depreciation of 2023 TOYOTA PRIUS either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Other years of TOYOTA PRIUS
2004 TOYOTA PRIUS
$4,999 average used price
2,900+ sales records
2007 TOYOTA PRIUS
$6,995 average used price
15,900+ sales records
2008 TOYOTA PRIUS
$7,000 average used price
19,600+ sales records
2011 TOYOTA PRIUS
$9,949 average used price
35,000+ sales records
2017 TOYOTA PRIUS
$19,772 average used price
63,900+ sales records
2019 TOYOTA PRIUS
$22,998 average used price
40,400+ sales records
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