Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 TOYOTA SIENNA'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 SIENNA in 1998 was $38,660.
The average price for used 1998 TOYOTA SIENNA nowadays in 2024 is $5,667 which is 15% from the original price.
Estimated mileage driven per year is 11,772 miles.
The graph below is a depreciation curve for 1998 TOYOTA SIENNA. 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 SIENNA 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 | $38,660 | — | — | 100% | 0% |
| 1998 | 11,772 mi | $51,246 | −$12,586 | −32.56% | 132.56% | -32.56% |
| 1999 | 23,544 mi | $43,995 | +$7,251 | +14.15% | 113.8% | -13.8% |
| 2000 | 35,316 mi | $41,457 | +$2,538 | +5.77% | 107.23% | -7.23% |
| 2001 | 47,088 mi | $39,998 | +$1,459 | +3.52% | 103.46% | -3.46% |
| 2002 | 58,860 mi | $32,933 | +$7,065 | +17.66% | 85.19% | 14.81% |
| 2003 | 70,632 mi | $29,991 | +$2,942 | +8.93% | 77.58% | 22.42% |
| 2004 | 82,404 mi | $26,995 | +$2,996 | +9.99% | 69.83% | 30.17% |
| 2005 | 94,176 mi | $23,601 | +$3,394 | +12.57% | 61.05% | 38.95% |
| 2006 | 105,948 mi | $20,991 | +$2,610 | +11.06% | 54.3% | 45.7% |
| 2007 | 117,720 mi | $18,888 | +$2,103 | +10.02% | 48.86% | 51.14% |
| 2008 | 129,492 mi | $16,024 | +$2,864 | +15.16% | 41.45% | 58.55% |
| 2009 | 141,264 mi | $14,950 | +$1,074 | +6.7% | 38.67% | 61.33% |
| 2010 | 153,036 mi | $13,500 | +$1,450 | +9.7% | 34.92% | 65.08% |
| 2011 | 164,808 mi | $11,599 | +$1,901 | +14.08% | 30% | 70% |
| 2012 | 176,580 mi | $9,000 | +$2,599 | +22.41% | 23.28% | 76.72% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA SIENNA’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 SIENNA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 TOYOTA SIENNA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 100,000 mi | $5,499 | 13 sales |
| 115,000 mi | $4,249 | 14 sales |
| 125,000 mi | $4,448 | 10 sales |
| 130,000 mi | $3,650 | 11 sales |
| 145,000 mi | $3,995 | 14 sales |
| 155,000 mi | $5,342 | 14 sales |
| 160,000 mi | $3,500 | 17 sales |
| 165,000 mi | $4,499 | 16 sales |
| 170,000 mi | $3,998 | 10 sales |
| 175,000 mi | $3,300 | 32 sales |
| 180,000 mi | $3,499 | 19 sales |
| 185,000 mi | $2,995 | 12 sales |
| 190,000 mi | $2,999 | 19 sales |
| 205,000 mi | $3,495 | 11 sales |
| 210,000 mi | $2,998 | 10 sales |
| 225,000 mi | $2,950 | 15 sales |
| 255,000 mi | $2,498 | 14 sales |
Frequently asked questions
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
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.
Proper maintenance and good condition can slow the depreciation of a 1998 TOYOTA SIENNA by making it more attractive to potential buyers, thereby preserving more of its value.
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.
Other years of TOYOTA SIENNA
1999 TOYOTA SIENNA
$4,495 average used price
760+ sales records
2002 TOYOTA SIENNA
$4,925 average used price
2,300+ sales records
2009 TOYOTA SIENNA
$8,523 average used price
8,600+ sales records
2014 TOYOTA SIENNA
$16,024 average used price
42,100+ sales records
2022 TOYOTA SIENNA
$41,457 average used price
26,400+ sales records
2024 TOYOTA SIENNA
$51,246 average used price
860+ sales records
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