Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 TOYOTA SEQUOIA'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 SEQUOIA in 2023 was $66,120.
The average price for used 2023 TOYOTA SEQUOIA nowadays in 2024 is $75,831 which is 115% from the original price.
Estimated mileage driven per year is 13,037 miles.
The graph below is a depreciation curve for 2023 TOYOTA SEQUOIA. 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 SEQUOIA 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 | $66,120 | — | — | 100% | 0% |
| 2023 | 13,037 mi | $79,928 | −$13,808 | −20.88% | 120.88% | -20.88% |
| 2024 | 26,074 mi | $75,831 | +$4,097 | +5.13% | 114.69% | -14.69% |
| 2025 | 39,111 mi | $51,411 | +$24,420 | +32.2% | 77.75% | 22.25% |
| 2026 | 52,148 mi | $53,990 | −$2,579 | −5.02% | 81.65% | 18.35% |
| 2027 | 65,185 mi | $49,999 | +$3,991 | +7.39% | 75.62% | 24.38% |
| 2028 | 78,222 mi | $42,891 | +$7,108 | +14.22% | 64.87% | 35.13% |
| 2029 | 91,259 mi | $38,619 | +$4,272 | +9.96% | 58.41% | 41.59% |
| 2030 | 104,296 mi | $33,998 | +$4,621 | +11.97% | 51.42% | 48.58% |
| 2031 | 117,333 mi | $29,000 | +$4,998 | +14.7% | 43.86% | 56.14% |
| 2032 | 130,370 mi | $25,910 | +$3,090 | +10.66% | 39.19% | 60.81% |
| 2033 | 143,407 mi | $23,346 | +$2,564 | +9.9% | 35.31% | 64.69% |
| 2034 | 156,444 mi | $21,499 | +$1,847 | +7.91% | 32.52% | 67.48% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA SEQUOIA’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 SEQUOIA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA SEQUOIA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $85,748 | 20 sales |
| 5,000 mi | $77,505 | 141 sales |
| 10,000 mi | $76,950 | 178 sales |
| 15,000 mi | $75,445 | 154 sales |
| 20,000 mi | $75,237 | 80 sales |
| 25,000 mi | $72,848 | 52 sales |
| 30,000 mi | $69,809 | 28 sales |
| 35,000 mi | $73,605 | 20 sales |
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Proper maintenance and good condition can slow the depreciation of a 2023 TOYOTA SEQUOIA by making it more attractive to potential buyers, thereby preserving more of its value.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
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.
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.
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.
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 SEQUOIA
2003 TOYOTA SEQUOIA
$7,500 average used price
4,300+ sales records
2010 TOYOTA SEQUOIA
$14,800 average used price
5,700+ sales records
2011 TOYOTA SEQUOIA
$16,499 average used price
5,800+ sales records
2015 TOYOTA SEQUOIA
$25,910 average used price
7,400+ sales records
2016 TOYOTA SEQUOIA
$29,000 average used price
11,800+ sales records
2024 TOYOTA SEQUOIA
$79,928 average used price
1,700+ sales records
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