Depreciation
The depreciation graph and accompanying table on our page detail how the 2002 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) 2002 VOLKSWAGEN GOLF in 2002 was $25,925.
The average price for used 2002 VOLKSWAGEN GOLF nowadays in 2024 is $5,495 which is 21% from the original price.
Estimated mileage driven per year is 9,498 miles.
The graph below is a depreciation curve for 2002 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 2002 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 | ||
|---|---|---|---|---|---|---|
| 2002 MSRP | 0 mi | $25,925 | — | — | 100% | 0% |
| 2002 | 9,498 mi | $45,991 | −$20,066 | −77.4% | 177.4% | -77.4% |
| 2003 | 18,996 mi | $43,998 | +$1,993 | +4.33% | 169.71% | -69.71% |
| 2004 | 28,494 mi | $42,275 | +$1,723 | +3.92% | 163.07% | -63.07% |
| 2005 | 37,992 mi | $17,990 | +$24,285 | +57.45% | 69.39% | 30.61% |
| 2006 | 47,490 mi | $19,991 | −$2,001 | −11.12% | 77.11% | 22.89% |
| 2007 | 56,988 mi | $21,825 | −$1,834 | −9.17% | 84.19% | 15.81% |
| 2008 | 66,486 mi | $18,500 | +$3,325 | +15.23% | 71.36% | 28.64% |
| 2009 | 75,984 mi | $15,999 | +$2,501 | +13.52% | 61.71% | 38.29% |
| 2010 | 85,482 mi | $13,619 | +$2,380 | +14.88% | 52.53% | 47.47% |
| 2011 | 94,980 mi | $13,338 | +$281 | +2.06% | 51.45% | 48.55% |
| 2012 | 104,478 mi | $11,007 | +$2,331 | +17.48% | 42.46% | 57.54% |
| 2013 | 113,976 mi | $11,149 | −$142 | −1.29% | 43% | 57% |
| 2014 | 123,474 mi | $9,800 | +$1,349 | +12.1% | 37.8% | 62.2% |
| 2015 | 132,972 mi | $8,450 | +$1,350 | +13.78% | 32.59% | 67.41% |
| 2016 | 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 2002 VOLKSWAGEN GOLF. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLKSWAGEN GOLF by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 70,000 mi | $5,495 | 11 sales |
| 85,000 mi | $3,999 | 14 sales |
| 90,000 mi | $5,948 | 10 sales |
| 100,000 mi | $3,998 | 15 sales |
| 110,000 mi | $4,250 | 10 sales |
| 120,000 mi | $3,998 | 14 sales |
| 125,000 mi | $3,700 | 22 sales |
| 135,000 mi | $4,950 | 23 sales |
| 165,000 mi | $3,849 | 12 sales |
| 170,000 mi | $4,500 | 21 sales |
| 175,000 mi | $3,100 | 12 sales |
| 180,000 mi | $2,497 | 10 sales |
| 185,000 mi | $3,995 | 11 sales |
| 200,000 mi | $3,150 | 12 sales |
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 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.
Aftermarket modifications can affect the depreciation of 2002 VOLKSWAGEN GOLF either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Proper maintenance and good condition can slow the depreciation of a 2002 VOLKSWAGEN GOLF by making it more attractive to potential buyers, thereby preserving more of its value.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of VOLKSWAGEN GOLF
1995 VOLKSWAGEN GOLF
40+ sales records
1998 VOLKSWAGEN GOLF
70+ sales records
2006 VOLKSWAGEN GOLF
$3,599 average used price
400+ sales records
2007 VOLKSWAGEN GOLF
210+ sales records
2019 VOLKSWAGEN GOLF
$21,825 average used price
21,000+ sales records
2022 VOLKSWAGEN GOLF
$42,275 average used price
160+ sales records
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2002 VOLKSWAGEN GOLF on BADVIN
