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rav4

2023 TOYOTA RAV4
Depreciation & Resale Value

Depreciation

The depreciation graph and accompanying table on our page detail how the 2023 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) 2023 TOYOTA RAV4 in 2023 was $30,710.
The average price for used 2023 TOYOTA RAV4 nowadays in 2024 is $30,999 which is 101% from the original price.
Estimated mileage driven per year is 10,177 miles.
The graph below is a depreciation curve for 2023 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 2023 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.
YearAverage MileageAverage Price% Left% Lost
2023 MSRP0 mi$30,710100%0%
202310,177 mi$35,784−$5,074−16.52%116.52%-16.52%
202420,354 mi$30,999+$4,785+13.37%100.94%-0.94%
202530,531 mi$29,739+$1,260+4.06%96.84%3.16%
202640,708 mi$27,682+$2,057+6.92%90.14%9.86%
202750,885 mi$26,863+$819+2.96%87.47%12.53%
202861,062 mi$25,550+$1,313+4.89%83.2%16.8%
202971,239 mi$21,231+$4,319+16.9%69.13%30.87%
203081,416 mi$19,995+$1,236+5.82%65.11%34.89%
203191,593 mi$18,795+$1,200+6%61.2%38.8%
2032101,770 mi$16,980+$1,815+9.66%55.29%44.71%
2033111,947 mi$15,955+$1,025+6.04%51.95%48.05%
2034122,124 mi$14,599+$1,356+8.5%47.54%52.46%

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 2023 TOYOTA RAV4. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA RAV4 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
MileageAverage PriceSample Size
0 mi$36,74578 sales
5,000 mi$34,642445 sales
10,000 mi$32,995603 sales
15,000 mi$28,991593 sales
20,000 mi$29,626470 sales
25,000 mi$30,000535 sales
30,000 mi$30,305344 sales
35,000 mi$29,985142 sales
40,000 mi$28,31456 sales
45,000 mi$29,28019 sales
Frequently asked questions
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
Depreciation directly affects the resale value of a 2023 TOYOTA RAV4, with faster depreciating vehicles typically having lower resale values over time.
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.
Other years of TOYOTA RAV4
rav4
1999 TOYOTA RAV4
$5,375 average used price
1,100+ sales records
rav4
2000 TOYOTA RAV4
$4,999 average used price
960+ sales records
rav4
2007 TOYOTA RAV4
$8,830 average used price
21,100+ sales records
rav4
2011 TOYOTA RAV4
$10,991 average used price
40,000+ sales records
rav4
2012 TOYOTA RAV4
$12,250 average used price
38,900+ sales records
rav4
2014 TOYOTA RAV4
$15,955 average used price
57,400+ sales records
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