Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 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) 2020 VOLKSWAGEN GOLF in 2020 was $25,925.
The average price for used 2020 VOLKSWAGEN GOLF nowadays in 2024 is $19,991 which is 77% from the original price.
Estimated mileage driven per year is 9,498 miles.
The graph below is a depreciation curve for 2020 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 2020 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 | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $25,925 | — | — | 100% | 0% |
| 2020 | 9,498 mi | $45,991 | −$20,066 | −77.4% | 177.4% | -77.4% |
| 2021 | 18,996 mi | $43,998 | +$1,993 | +4.33% | 169.71% | -69.71% |
| 2022 | 28,494 mi | $42,275 | +$1,723 | +3.92% | 163.07% | -63.07% |
| 2023 | 37,992 mi | $17,990 | +$24,285 | +57.45% | 69.39% | 30.61% |
| 2024 | 47,490 mi | $19,991 | −$2,001 | −11.12% | 77.11% | 22.89% |
| 2025 | 56,988 mi | $21,825 | −$1,834 | −9.17% | 84.19% | 15.81% |
| 2026 | 66,486 mi | $18,500 | +$3,325 | +15.23% | 71.36% | 28.64% |
| 2027 | 75,984 mi | $15,999 | +$2,501 | +13.52% | 61.71% | 38.29% |
| 2028 | 85,482 mi | $13,619 | +$2,380 | +14.88% | 52.53% | 47.47% |
| 2029 | 94,980 mi | $13,338 | +$281 | +2.06% | 51.45% | 48.55% |
| 2030 | 104,478 mi | $11,007 | +$2,331 | +17.48% | 42.46% | 57.54% |
| 2031 | 113,976 mi | $11,149 | −$142 | −1.29% | 43% | 57% |
| 2032 | 123,474 mi | $9,800 | +$1,349 | +12.1% | 37.8% | 62.2% |
| 2033 | 132,972 mi | $8,450 | +$1,350 | +13.78% | 32.59% | 67.41% |
| 2034 | 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 2020 VOLKSWAGEN GOLF. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 VOLKSWAGEN GOLF by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $21,990 | 343 sales |
| 5,000 mi | $22,881 | 759 sales |
| 10,000 mi | $24,590 | 526 sales |
| 15,000 mi | $24,247 | 349 sales |
| 20,000 mi | $23,918 | 319 sales |
| 25,000 mi | $23,690 | 194 sales |
| 30,000 mi | $21,900 | 171 sales |
| 35,000 mi | $22,903 | 146 sales |
| 40,000 mi | $20,999 | 101 sales |
| 45,000 mi | $20,693 | 55 sales |
| 50,000 mi | $20,392 | 30 sales |
| 55,000 mi | $19,795 | 59 sales |
| 60,000 mi | $18,998 | 150 sales |
| 65,000 mi | $18,767 | 122 sales |
| 70,000 mi | $18,498 | 39 sales |
Frequently asked questions
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
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.
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.
Proper maintenance and good condition can slow the depreciation of a 2020 VOLKSWAGEN GOLF by making it more attractive to potential buyers, thereby preserving more of its value.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of VOLKSWAGEN GOLF
2000 VOLKSWAGEN GOLF
$5,987 average used price
300+ sales records
2007 VOLKSWAGEN GOLF
210+ sales records
2012 VOLKSWAGEN GOLF
$9,800 average used price
13,800+ sales records
2015 VOLKSWAGEN GOLF
$13,338 average used price
30,700+ sales records
2017 VOLKSWAGEN GOLF
$15,999 average used price
34,900+ sales records
2019 VOLKSWAGEN GOLF
$21,825 average used price
21,000+ sales records
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