Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 TOYOTA SUPRA'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 SUPRA in 1998 was $56,925.
The average price for used 1998 TOYOTA SUPRA nowadays in 2024 is $116,000 which is 204% from the original price.
Estimated mileage driven per year is 4,233 miles.
The graph below is a depreciation curve for 1998 TOYOTA SUPRA. 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 SUPRA 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 | $56,925 | — | — | 100% | 0% |
| 1998 | 4,233 mi | $66,985 | −$10,060 | −17.67% | 117.67% | -17.67% |
| 1999 | 8,466 mi | $60,998 | +$5,987 | +8.94% | 107.16% | -7.16% |
| 2000 | 12,699 mi | $53,880 | +$7,118 | +11.67% | 94.65% | 5.35% |
| 2001 | 16,932 mi | $49,900 | +$3,980 | +7.39% | 87.66% | 12.34% |
| 2002 | 21,165 mi | $49,810 | +$90 | +0.18% | 87.5% | 12.5% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA SUPRA’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 SUPRA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 TOYOTA SUPRA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 55,000 mi | $122,500 | 38 sales |
| 70,000 mi | $69,800 | 23 sales |
| 115,000 mi | $145,800 | 11 sales |
Frequently asked questions
Proper maintenance and good condition can slow the depreciation of a 1998 TOYOTA SUPRA by making it more attractive to potential buyers, thereby preserving more of its value.
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.
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.
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 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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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 SUPRA
1985 TOYOTA SUPRA
110+ sales records
1988 TOYOTA SUPRA
200+ sales records
1990 TOYOTA SUPRA
150+ sales records
1992 TOYOTA SUPRA
90+ sales records
2021 TOYOTA SUPRA
$49,900 average used price
12,300+ sales records
2024 TOYOTA SUPRA
$66,985 average used price
90+ sales records
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