Depreciation
The depreciation graph and accompanying table on our page detail how the 2016 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) 2016 VOLKSWAGEN GOLF in 2016 was $25,925.
The average price for used 2016 VOLKSWAGEN GOLF nowadays in 2024 is $13,619 which is 53% from the original price.
Estimated mileage driven per year is 9,498 miles.
The graph below is a depreciation curve for 2016 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 2016 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 | ||
|---|---|---|---|---|---|---|
| 2016 MSRP | 0 mi | $25,925 | — | — | 100% | 0% |
| 2016 | 9,498 mi | $45,991 | −$20,066 | −77.4% | 177.4% | -77.4% |
| 2017 | 18,996 mi | $43,998 | +$1,993 | +4.33% | 169.71% | -69.71% |
| 2018 | 28,494 mi | $42,275 | +$1,723 | +3.92% | 163.07% | -63.07% |
| 2019 | 37,992 mi | $17,990 | +$24,285 | +57.45% | 69.39% | 30.61% |
| 2020 | 47,490 mi | $19,991 | −$2,001 | −11.12% | 77.11% | 22.89% |
| 2021 | 56,988 mi | $21,825 | −$1,834 | −9.17% | 84.19% | 15.81% |
| 2022 | 66,486 mi | $18,500 | +$3,325 | +15.23% | 71.36% | 28.64% |
| 2023 | 75,984 mi | $15,999 | +$2,501 | +13.52% | 61.71% | 38.29% |
| 2024 | 85,482 mi | $13,619 | +$2,380 | +14.88% | 52.53% | 47.47% |
| 2025 | 94,980 mi | $13,338 | +$281 | +2.06% | 51.45% | 48.55% |
| 2026 | 104,478 mi | $11,007 | +$2,331 | +17.48% | 42.46% | 57.54% |
| 2027 | 113,976 mi | $11,149 | −$142 | −1.29% | 43% | 57% |
| 2028 | 123,474 mi | $9,800 | +$1,349 | +12.1% | 37.8% | 62.2% |
| 2029 | 132,972 mi | $8,450 | +$1,350 | +13.78% | 32.59% | 67.41% |
| 2030 | 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 2016 VOLKSWAGEN GOLF. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2016 VOLKSWAGEN GOLF by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $22,995 | 10 sales |
| 10,000 mi | $21,990 | 15 sales |
| 15,000 mi | $22,990 | 86 sales |
| 20,000 mi | $20,590 | 159 sales |
| 25,000 mi | $20,247 | 94 sales |
| 30,000 mi | $19,293 | 162 sales |
| 35,000 mi | $19,990 | 279 sales |
| 40,000 mi | $18,990 | 365 sales |
| 45,000 mi | $18,990 | 319 sales |
| 50,000 mi | $18,990 | 397 sales |
| 55,000 mi | $17,990 | 315 sales |
| 60,000 mi | $17,990 | 424 sales |
| 65,000 mi | $17,590 | 369 sales |
| 70,000 mi | $16,790 | 363 sales |
| 75,000 mi | $16,590 | 345 sales |
| 80,000 mi | $15,879 | 280 sales |
| 85,000 mi | $14,999 | 215 sales |
| 90,000 mi | $15,310 | 260 sales |
| 95,000 mi | $14,998 | 232 sales |
| 100,000 mi | $13,599 | 201 sales |
| 105,000 mi | $13,638 | 158 sales |
| 110,000 mi | $12,952 | 142 sales |
| 115,000 mi | $12,292 | 101 sales |
| 120,000 mi | $12,472 | 95 sales |
| 125,000 mi | $11,981 | 67 sales |
| 130,000 mi | $12,286 | 43 sales |
| 135,000 mi | $10,990 | 32 sales |
| 140,000 mi | $11,950 | 33 sales |
| 145,000 mi | $9,999 | 17 sales |
| 150,000 mi | $9,500 | 39 sales |
| 160,000 mi | $7,998 | 12 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.
Proper maintenance and good condition can slow the depreciation of a 2016 VOLKSWAGEN GOLF by making it more attractive to potential buyers, thereby preserving more of its value.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Other years of VOLKSWAGEN GOLF
1994 VOLKSWAGEN GOLF
30+ sales records
2000 VOLKSWAGEN GOLF
$5,987 average used price
300+ sales records
2001 VOLKSWAGEN GOLF
$5,500 average used price
420+ sales records
2012 VOLKSWAGEN GOLF
$9,800 average used price
13,800+ sales records
2023 VOLKSWAGEN GOLF
$43,998 average used price
90+ sales records
2024 VOLKSWAGEN GOLF
$45,991 average used price
60+ sales records
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2016 VOLKSWAGEN GOLF on BADVIN
