Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 TOYOTA RAV4'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) 1998 TOYOTA RAV4 in 1998 was $30,710.
The average price for used 1998 TOYOTA RAV4 nowadays in 2024 is $4,495 which is 15% from the original price.
Estimated mileage driven per year is 10,177 miles.
The graph below is a depreciation curve for 1998 TOYOTA RAV4. 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 1998 TOYOTA RAV4 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 | ||
|---|---|---|---|---|---|---|
| 1998 MSRP | 0 mi | $30,710 | — | — | 100% | 0% |
| 1998 | 10,177 mi | $35,784 | −$5,074 | −16.52% | 116.52% | -16.52% |
| 1999 | 20,354 mi | $30,999 | +$4,785 | +13.37% | 100.94% | -0.94% |
| 2000 | 30,531 mi | $29,739 | +$1,260 | +4.06% | 96.84% | 3.16% |
| 2001 | 40,708 mi | $27,682 | +$2,057 | +6.92% | 90.14% | 9.86% |
| 2002 | 50,885 mi | $26,863 | +$819 | +2.96% | 87.47% | 12.53% |
| 2003 | 61,062 mi | $25,550 | +$1,313 | +4.89% | 83.2% | 16.8% |
| 2004 | 71,239 mi | $21,231 | +$4,319 | +16.9% | 69.13% | 30.87% |
| 2005 | 81,416 mi | $19,995 | +$1,236 | +5.82% | 65.11% | 34.89% |
| 2006 | 91,593 mi | $18,795 | +$1,200 | +6% | 61.2% | 38.8% |
| 2007 | 101,770 mi | $16,980 | +$1,815 | +9.66% | 55.29% | 44.71% |
| 2008 | 111,947 mi | $15,955 | +$1,025 | +6.04% | 51.95% | 48.05% |
| 2009 | 122,124 mi | $14,599 | +$1,356 | +8.5% | 47.54% | 52.46% |
| 2010 | 132,301 mi | $12,250 | +$2,349 | +16.09% | 39.89% | 60.11% |
| 2011 | 142,478 mi | $10,991 | +$1,259 | +10.28% | 35.79% | 64.21% |
| 2012 | 152,655 mi | $9,999 | +$992 | +9.03% | 32.56% | 67.44% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA RAV4’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 1998 TOYOTA RAV4. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 TOYOTA RAV4 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 80,000 mi | $7,971 | 11 sales |
| 105,000 mi | $5,995 | 12 sales |
| 110,000 mi | $4,198 | 10 sales |
| 115,000 mi | $6,800 | 13 sales |
| 120,000 mi | $4,455 | 15 sales |
| 125,000 mi | $4,399 | 12 sales |
| 130,000 mi | $4,995 | 17 sales |
| 135,000 mi | $6,995 | 25 sales |
| 140,000 mi | $3,990 | 23 sales |
| 145,000 mi | $4,498 | 13 sales |
| 150,000 mi | $3,900 | 21 sales |
| 155,000 mi | $3,999 | 17 sales |
| 160,000 mi | $3,995 | 19 sales |
| 165,000 mi | $3,100 | 13 sales |
| 170,000 mi | $4,827 | 18 sales |
| 175,000 mi | $4,495 | 45 sales |
| 180,000 mi | $4,000 | 17 sales |
| 185,000 mi | $3,290 | 25 sales |
| 190,000 mi | $3,995 | 17 sales |
| 195,000 mi | $3,947 | 22 sales |
| 200,000 mi | $4,500 | 27 sales |
| 205,000 mi | $4,495 | 18 sales |
| 210,000 mi | $2,999 | 12 sales |
| 215,000 mi | $3,200 | 19 sales |
| 220,000 mi | $2,995 | 16 sales |
| 225,000 mi | $4,323 | 22 sales |
| 235,000 mi | $3,948 | 20 sales |
| 240,000 mi | $4,850 | 10 sales |
| 245,000 mi | $3,634 | 13 sales |
| 255,000 mi | $2,988 | 11 sales |
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
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.
Depreciation directly affects the resale value of a 1998 TOYOTA RAV4, with faster depreciating vehicles typically having lower resale values over 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.
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.
Other years of TOYOTA RAV4
1999 TOYOTA RAV4
$5,375 average used price
1,100+ sales records
2000 TOYOTA RAV4
$4,999 average used price
960+ sales records
2001 TOYOTA RAV4
$6,448 average used price
2,600+ sales records
2005 TOYOTA RAV4
$6,995 average used price
6,100+ sales records
2014 TOYOTA RAV4
$15,955 average used price
57,400+ sales records
2020 TOYOTA RAV4
$26,863 average used price
277,900+ sales records
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