Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 VOLKSWAGEN JETTA'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 JETTA in 1998 was $23,469.
The average price for used 1998 VOLKSWAGEN JETTA nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 10,138 miles.
The graph below is a depreciation curve for 1998 VOLKSWAGEN JETTA. 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 JETTA 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 | $23,469 | — | — | 100% | 0% |
| 1998 | 10,138 mi | $22,997 | +$472 | +2.01% | 97.99% | 2.01% |
| 1999 | 20,276 mi | $22,451 | +$546 | +2.37% | 95.66% | 4.34% |
| 2000 | 30,414 mi | $20,990 | +$1,461 | +6.51% | 89.44% | 10.56% |
| 2001 | 40,552 mi | $18,980 | +$2,010 | +9.58% | 80.87% | 19.13% |
| 2002 | 50,690 mi | $18,500 | +$480 | +2.53% | 78.83% | 21.17% |
| 2003 | 60,828 mi | $16,576 | +$1,924 | +10.4% | 70.63% | 29.37% |
| 2004 | 70,966 mi | $14,498 | +$2,078 | +12.54% | 61.78% | 38.22% |
| 2005 | 81,104 mi | $13,249 | +$1,249 | +8.61% | 56.45% | 43.55% |
| 2006 | 91,242 mi | $11,995 | +$1,254 | +9.46% | 51.11% | 48.89% |
| 2007 | 101,380 mi | $9,999 | +$1,996 | +16.64% | 42.61% | 57.39% |
| 2008 | 111,518 mi | $9,581 | +$418 | +4.18% | 40.82% | 59.18% |
| 2009 | 121,656 mi | $8,991 | +$590 | +6.16% | 38.31% | 61.69% |
| 2010 | 131,794 mi | $7,987 | +$1,004 | +11.17% | 34.03% | 65.97% |
| 2011 | 141,932 mi | $7,000 | +$987 | +12.36% | 29.83% | 70.17% |
| 2012 | 152,070 mi | $5,999 | +$1,001 | +14.3% | 25.56% | 74.44% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLKSWAGEN JETTA’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 JETTA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 VOLKSWAGEN JETTA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
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.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Depreciation directly affects the resale value of a 1998 VOLKSWAGEN JETTA, with faster depreciating vehicles typically having lower resale values over time.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
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.
Other years of VOLKSWAGEN JETTA
1995 VOLKSWAGEN JETTA
20+ sales records
2000 VOLKSWAGEN JETTA
$4,777 average used price
930+ sales records
2003 VOLKSWAGEN JETTA
$4,800 average used price
2,400+ sales records
2008 VOLKSWAGEN JETTA
$4,995 average used price
6,100+ sales records
2011 VOLKSWAGEN JETTA
$7,000 average used price
26,900+ sales records
2012 VOLKSWAGEN JETTA
$7,987 average used price
44,600+ sales records
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