Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 TOYOTA VENZA'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 VENZA in 2023 was $37,565.
The average price for used 2023 TOYOTA VENZA nowadays in 2024 is $36,997 which is 98% from the original price.
Estimated mileage driven per year is 11,656 miles.
The graph below is a depreciation curve for 2023 TOYOTA VENZA. 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 VENZA 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 | $37,565 | — | — | 100% | 0% |
| 2023 | 11,656 mi | $43,350 | −$5,785 | −15.4% | 115.4% | -15.4% |
| 2024 | 23,312 mi | $36,997 | +$6,353 | +14.66% | 98.49% | 1.51% |
| 2025 | 34,968 mi | $31,998 | +$4,999 | +13.51% | 85.18% | 14.82% |
| 2026 | 46,624 mi | $31,495 | +$503 | +1.57% | 83.84% | 16.16% |
| 2032 | 116,560 mi | $15,999 | +$0 | +0% | 42.59% | 57.41% |
| 2033 | 128,216 mi | $14,969 | +$1,030 | +6.44% | 39.85% | 60.15% |
| 2034 | 139,872 mi | $13,425 | +$1,544 | +10.31% | 35.74% | 64.26% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the TOYOTA VENZA’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 VENZA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 TOYOTA VENZA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $37,847 | 18 sales |
| 5,000 mi | $38,895 | 67 sales |
| 10,000 mi | $37,500 | 45 sales |
| 15,000 mi | $38,394 | 36 sales |
| 20,000 mi | $35,078 | 26 sales |
| 25,000 mi | $34,813 | 16 sales |
| 30,000 mi | $33,807 | 14 sales |
Frequently asked questions
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
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.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of TOYOTA VENZA
2010 TOYOTA VENZA
$11,000 average used price
14,300+ sales records
2011 TOYOTA VENZA
$11,424 average used price
13,600+ sales records
2012 TOYOTA VENZA
$12,995 average used price
8,900+ sales records
2013 TOYOTA VENZA
$13,425 average used price
20,000+ sales records
2014 TOYOTA VENZA
$14,969 average used price
12,100+ sales records
2022 TOYOTA VENZA
$31,998 average used price
9,000+ sales records
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