Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 VOLKSWAGEN GOLF'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 VOLKSWAGEN GOLF in 1998 was $25,925.
The average price for used 1998 VOLKSWAGEN GOLF nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 9,498 miles.
The graph below is a depreciation curve for 1998 VOLKSWAGEN GOLF. 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 VOLKSWAGEN GOLF 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 | $25,925 | — | — | 100% | 0% |
| 1998 | 9,498 mi | $45,991 | −$20,066 | −77.4% | 177.4% | -77.4% |
| 1999 | 18,996 mi | $43,998 | +$1,993 | +4.33% | 169.71% | -69.71% |
| 2000 | 28,494 mi | $42,275 | +$1,723 | +3.92% | 163.07% | -63.07% |
| 2001 | 37,992 mi | $17,990 | +$24,285 | +57.45% | 69.39% | 30.61% |
| 2002 | 47,490 mi | $19,991 | −$2,001 | −11.12% | 77.11% | 22.89% |
| 2003 | 56,988 mi | $21,825 | −$1,834 | −9.17% | 84.19% | 15.81% |
| 2004 | 66,486 mi | $18,500 | +$3,325 | +15.23% | 71.36% | 28.64% |
| 2005 | 75,984 mi | $15,999 | +$2,501 | +13.52% | 61.71% | 38.29% |
| 2006 | 85,482 mi | $13,619 | +$2,380 | +14.88% | 52.53% | 47.47% |
| 2007 | 94,980 mi | $13,338 | +$281 | +2.06% | 51.45% | 48.55% |
| 2008 | 104,478 mi | $11,007 | +$2,331 | +17.48% | 42.46% | 57.54% |
| 2009 | 113,976 mi | $11,149 | −$142 | −1.29% | 43% | 57% |
| 2010 | 123,474 mi | $9,800 | +$1,349 | +12.1% | 37.8% | 62.2% |
| 2011 | 132,972 mi | $8,450 | +$1,350 | +13.78% | 32.59% | 67.41% |
| 2012 | 142,470 mi | $7,450 | +$1,000 | +11.83% | 28.74% | 71.26% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLKSWAGEN GOLF’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 VOLKSWAGEN GOLF. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 VOLKSWAGEN GOLF by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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.
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.
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.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Depreciation directly affects the resale value of a 1998 VOLKSWAGEN GOLF, with faster depreciating vehicles typically having lower resale values over time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Other years of VOLKSWAGEN GOLF
1996 VOLKSWAGEN GOLF
40+ sales records
1997 VOLKSWAGEN GOLF
60+ sales records
2016 VOLKSWAGEN GOLF
$13,619 average used price
20,200+ sales records
2018 VOLKSWAGEN GOLF
$18,500 average used price
14,800+ sales records
2020 VOLKSWAGEN GOLF
$19,991 average used price
5,300+ sales records
2024 VOLKSWAGEN GOLF
$45,991 average used price
60+ sales records
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