Depreciation
The depreciation graph and accompanying table on our page detail how the 2024 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) 2024 VOLKSWAGEN GOLF in 2024 was $25,925.
The average price for used 2024 VOLKSWAGEN GOLF nowadays in 2024 is $45,991 which is 177% from the original price.
Estimated mileage driven per year is 9,498 miles.
The graph below is a depreciation curve for 2024 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 2024 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 | ||
|---|---|---|---|---|---|---|
| 2024 MSRP | 0 mi | $25,925 | — | — | 100% | 0% |
| 2024 | 9,498 mi | $45,991 | −$20,066 | −77.4% | 177.4% | -77.4% |
| 2025 | 18,996 mi | $43,998 | +$1,993 | +4.33% | 169.71% | -69.71% |
| 2026 | 28,494 mi | $42,275 | +$1,723 | +3.92% | 163.07% | -63.07% |
| 2027 | 37,992 mi | $17,990 | +$24,285 | +57.45% | 69.39% | 30.61% |
| 2028 | 47,490 mi | $19,991 | −$2,001 | −11.12% | 77.11% | 22.89% |
| 2029 | 56,988 mi | $21,825 | −$1,834 | −9.17% | 84.19% | 15.81% |
| 2030 | 66,486 mi | $18,500 | +$3,325 | +15.23% | 71.36% | 28.64% |
| 2031 | 75,984 mi | $15,999 | +$2,501 | +13.52% | 61.71% | 38.29% |
| 2032 | 85,482 mi | $13,619 | +$2,380 | +14.88% | 52.53% | 47.47% |
| 2033 | 94,980 mi | $13,338 | +$281 | +2.06% | 51.45% | 48.55% |
| 2034 | 104,478 mi | $11,007 | +$2,331 | +17.48% | 42.46% | 57.54% |
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 2024 VOLKSWAGEN GOLF. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 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 | $46,495 | 12 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.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Depreciation directly affects the resale value of a 2024 VOLKSWAGEN GOLF, with faster depreciating vehicles typically having lower resale values over time.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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.
Other years of VOLKSWAGEN GOLF
1994 VOLKSWAGEN GOLF
30+ sales records
1997 VOLKSWAGEN GOLF
60+ sales records
2004 VOLKSWAGEN GOLF
$5,999 average used price
660+ sales records
2010 VOLKSWAGEN GOLF
$7,450 average used price
2,500+ sales records
2011 VOLKSWAGEN GOLF
$8,450 average used price
8,400+ sales records
2013 VOLKSWAGEN GOLF
$11,149 average used price
14,000+ sales records
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