Depreciation
The depreciation graph and accompanying table on our page detail how the 2016 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) 2016 TOYOTA SIENNA in 2016 was $38,660.
The average price for used 2016 TOYOTA SIENNA nowadays in 2024 is $20,991 which is 54% from the original price.
Estimated mileage driven per year is 11,772 miles.
The graph below is a depreciation curve for 2016 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 2016 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 | ||
|---|---|---|---|---|---|---|
| 2016 MSRP | 0 mi | $38,660 | — | — | 100% | 0% |
| 2016 | 11,772 mi | $51,246 | −$12,586 | −32.56% | 132.56% | -32.56% |
| 2017 | 23,544 mi | $43,995 | +$7,251 | +14.15% | 113.8% | -13.8% |
| 2018 | 35,316 mi | $41,457 | +$2,538 | +5.77% | 107.23% | -7.23% |
| 2019 | 47,088 mi | $39,998 | +$1,459 | +3.52% | 103.46% | -3.46% |
| 2020 | 58,860 mi | $32,933 | +$7,065 | +17.66% | 85.19% | 14.81% |
| 2021 | 70,632 mi | $29,991 | +$2,942 | +8.93% | 77.58% | 22.42% |
| 2022 | 82,404 mi | $26,995 | +$2,996 | +9.99% | 69.83% | 30.17% |
| 2023 | 94,176 mi | $23,601 | +$3,394 | +12.57% | 61.05% | 38.95% |
| 2024 | 105,948 mi | $20,991 | +$2,610 | +11.06% | 54.3% | 45.7% |
| 2025 | 117,720 mi | $18,888 | +$2,103 | +10.02% | 48.86% | 51.14% |
| 2026 | 129,492 mi | $16,024 | +$2,864 | +15.16% | 41.45% | 58.55% |
| 2027 | 141,264 mi | $14,950 | +$1,074 | +6.7% | 38.67% | 61.33% |
| 2028 | 153,036 mi | $13,500 | +$1,450 | +9.7% | 34.92% | 65.08% |
| 2029 | 164,808 mi | $11,599 | +$1,901 | +14.08% | 30% | 70% |
| 2030 | 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 2016 TOYOTA SIENNA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2016 TOYOTA SIENNA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $32,995 | 35 sales |
| 20,000 mi | $32,994 | 32 sales |
| 25,000 mi | $31,366 | 40 sales |
| 30,000 mi | $30,990 | 98 sales |
| 35,000 mi | $28,806 | 71 sales |
| 40,000 mi | $28,944 | 110 sales |
| 45,000 mi | $28,290 | 138 sales |
| 50,000 mi | $26,999 | 163 sales |
| 55,000 mi | $27,400 | 233 sales |
| 60,000 mi | $26,497 | 257 sales |
| 65,000 mi | $26,798 | 288 sales |
| 70,000 mi | $25,891 | 410 sales |
| 75,000 mi | $24,696 | 308 sales |
| 80,000 mi | $23,995 | 327 sales |
| 85,000 mi | $23,000 | 358 sales |
| 90,000 mi | $22,998 | 405 sales |
| 95,000 mi | $22,442 | 462 sales |
| 100,000 mi | $21,285 | 434 sales |
| 105,000 mi | $21,000 | 280 sales |
| 110,000 mi | $20,250 | 279 sales |
| 115,000 mi | $20,000 | 199 sales |
| 120,000 mi | $19,981 | 136 sales |
| 125,000 mi | $19,790 | 141 sales |
| 130,000 mi | $18,785 | 110 sales |
| 135,000 mi | $18,595 | 127 sales |
| 140,000 mi | $16,999 | 115 sales |
| 145,000 mi | $17,245 | 100 sales |
| 150,000 mi | $15,981 | 65 sales |
| 155,000 mi | $15,989 | 40 sales |
| 160,000 mi | $15,900 | 43 sales |
| 165,000 mi | $15,488 | 47 sales |
| 170,000 mi | $15,044 | 34 sales |
| 175,000 mi | $13,940 | 32 sales |
| 180,000 mi | $14,636 | 14 sales |
| 185,000 mi | $14,728 | 14 sales |
| 195,000 mi | $14,412 | 10 sales |
| 200,000 mi | $13,999 | 11 sales |
Frequently asked questions
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.
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.
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 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.
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.
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 2016 TOYOTA SIENNA by making it more attractive to potential buyers, thereby preserving more of its value.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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 SIENNA
2008 TOYOTA SIENNA
$7,995 average used price
14,400+ sales records
2009 TOYOTA SIENNA
$8,523 average used price
8,600+ sales records
2012 TOYOTA SIENNA
$13,500 average used price
30,900+ sales records
2013 TOYOTA SIENNA
$14,950 average used price
38,100+ sales records
2019 TOYOTA SIENNA
$29,991 average used price
45,200+ sales records
2020 TOYOTA SIENNA
$32,933 average used price
68,700+ sales records
Similar Models
2018 TOYOTA 4RUNNER
$41,860 MSRP
$32,010 average used price
113,900+ sales records
2018 TOYOTA HIGHLANDER
$41,405 MSRP
$26,998 average used price
160,600+ sales records
2018 TOYOTA AVALON
$37,825 MSRP
$22,900 average used price
17,600+ sales records
2019 TOYOTA YARIS
$17,705 MSRP
$15,495 average used price
16,800+ sales records
2019 TOYOTA PRIUS
$26,860 MSRP
$22,998 average used price
40,400+ sales records
2019 TOYOTA MIRAI
$52,529 MSRP
$10,981 average used price
2,400+ sales records
