Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 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) 2020 TOYOTA RAV4 in 2020 was $30,710.
The average price for used 2020 TOYOTA RAV4 nowadays in 2024 is $26,863 which is 87% from the original price.
Estimated mileage driven per year is 10,177 miles.
The graph below is a depreciation curve for 2020 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 2020 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 | ||
---|---|---|---|---|---|---|
2020 MSRP | 0 mi | $30,710 | — | — | 100% | 0% |
2020 | 10,177 mi | $35,784 | −$5,074 | −16.52% | 116.52% | -16.52% |
2021 | 20,354 mi | $30,999 | +$4,785 | +13.37% | 100.94% | -0.94% |
2022 | 30,531 mi | $29,739 | +$1,260 | +4.06% | 96.84% | 3.16% |
2023 | 40,708 mi | $27,682 | +$2,057 | +6.92% | 90.14% | 9.86% |
2024 | 50,885 mi | $26,863 | +$819 | +2.96% | 87.47% | 12.53% |
2025 | 61,062 mi | $25,550 | +$1,313 | +4.89% | 83.2% | 16.8% |
2026 | 71,239 mi | $21,231 | +$4,319 | +16.9% | 69.13% | 30.87% |
2027 | 81,416 mi | $19,995 | +$1,236 | +5.82% | 65.11% | 34.89% |
2028 | 91,593 mi | $18,795 | +$1,200 | +6% | 61.2% | 38.8% |
2029 | 101,770 mi | $16,980 | +$1,815 | +9.66% | 55.29% | 44.71% |
2030 | 111,947 mi | $15,955 | +$1,025 | +6.04% | 51.95% | 48.05% |
2031 | 122,124 mi | $14,599 | +$1,356 | +8.5% | 47.54% | 52.46% |
2032 | 132,301 mi | $12,250 | +$2,349 | +16.09% | 39.89% | 60.11% |
2033 | 142,478 mi | $10,991 | +$1,259 | +10.28% | 35.79% | 64.21% |
2034 | 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 2020 TOYOTA RAV4. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 TOYOTA RAV4 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
Mileage | Average Price | Sample Size |
---|---|---|
5,000 mi | $31,258 | 27 sales |
10,000 mi | $30,987 | 97 sales |
15,000 mi | $30,981 | 173 sales |
20,000 mi | $28,998 | 274 sales |
25,000 mi | $28,389 | 437 sales |
30,000 mi | $28,471 | 504 sales |
35,000 mi | $27,481 | 548 sales |
40,000 mi | $26,998 | 526 sales |
45,000 mi | $27,609 | 480 sales |
50,000 mi | $26,977 | 433 sales |
55,000 mi | $25,886 | 436 sales |
60,000 mi | $25,989 | 389 sales |
65,000 mi | $25,879 | 342 sales |
70,000 mi | $24,730 | 307 sales |
75,000 mi | $24,474 | 225 sales |
80,000 mi | $23,999 | 167 sales |
85,000 mi | $24,222 | 118 sales |
90,000 mi | $23,159 | 119 sales |
95,000 mi | $23,614 | 78 sales |
100,000 mi | $22,468 | 49 sales |
105,000 mi | $21,990 | 53 sales |
110,000 mi | $22,000 | 21 sales |
115,000 mi | $23,995 | 20 sales |
120,000 mi | $22,788 | 13 sales |
Frequently asked questions
Aftermarket modifications can affect the depreciation of 2020 TOYOTA RAV4 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
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.
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.
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.
Other years of TOYOTA RAV4
1999 TOYOTA RAV4
$5,375 average used price
1,100+ sales records
2004 TOYOTA RAV4
$6,470 average used price
5,000+ sales records
2009 TOYOTA RAV4
$9,995 average used price
20,200+ sales records
2013 TOYOTA RAV4
$14,599 average used price
67,600+ sales records
2014 TOYOTA RAV4
$15,955 average used price
57,400+ sales records
2021 TOYOTA RAV4
$27,682 average used price
317,000+ sales records
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