Depreciation
The depreciation graph and accompanying table on our page detail how the 2002 VOLKSWAGEN PASSAT'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 PASSAT in 2002 was $27,425.
The average price for used 2002 VOLKSWAGEN PASSAT nowadays in 2024 is $3,998 which is 15% from the original price.
Estimated mileage driven per year is 10,812 miles.
The graph below is a depreciation curve for 2002 VOLKSWAGEN PASSAT. 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 PASSAT 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 | $27,425 | — | — | 100% | 0% |
| 2004 | 32,436 mi | $20,998 | +$0 | +0% | 76.57% | 23.43% |
| 2005 | 43,248 mi | $18,988 | +$2,010 | +9.57% | 69.24% | 30.76% |
| 2006 | 54,060 mi | $19,336 | −$348 | −1.83% | 70.51% | 29.49% |
| 2007 | 64,872 mi | $16,950 | +$2,386 | +12.34% | 61.8% | 38.2% |
| 2008 | 75,684 mi | $16,395 | +$555 | +3.27% | 59.78% | 40.22% |
| 2009 | 86,496 mi | $14,044 | +$2,351 | +14.34% | 51.21% | 48.79% |
| 2010 | 97,308 mi | $11,995 | +$2,049 | +14.59% | 43.74% | 56.26% |
| 2011 | 108,120 mi | $10,498 | +$1,497 | +12.48% | 38.28% | 61.72% |
| 2012 | 118,932 mi | $9,995 | +$503 | +4.79% | 36.44% | 63.56% |
| 2013 | 129,744 mi | $9,000 | +$995 | +9.95% | 32.82% | 67.18% |
| 2014 | 140,556 mi | $7,995 | +$1,005 | +11.17% | 29.15% | 70.85% |
| 2016 | 162,180 mi | $7,900 | +$0 | +0% | 28.81% | 71.19% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the VOLKSWAGEN PASSAT’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 PASSAT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2002 VOLKSWAGEN PASSAT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 60,000 mi | $5,995 | 11 sales |
| 65,000 mi | $4,495 | 18 sales |
| 70,000 mi | $5,450 | 14 sales |
| 75,000 mi | $5,995 | 37 sales |
| 80,000 mi | $4,650 | 30 sales |
| 85,000 mi | $4,993 | 34 sales |
| 90,000 mi | $4,553 | 33 sales |
| 95,000 mi | $3,995 | 25 sales |
| 100,000 mi | $4,590 | 35 sales |
| 105,000 mi | $3,991 | 51 sales |
| 110,000 mi | $4,490 | 42 sales |
| 115,000 mi | $3,997 | 54 sales |
| 120,000 mi | $3,693 | 42 sales |
| 125,000 mi | $3,997 | 54 sales |
| 130,000 mi | $3,999 | 49 sales |
| 135,000 mi | $3,696 | 45 sales |
| 140,000 mi | $3,200 | 37 sales |
| 145,000 mi | $3,800 | 57 sales |
| 150,000 mi | $3,500 | 40 sales |
| 155,000 mi | $3,000 | 41 sales |
| 160,000 mi | $2,997 | 44 sales |
| 165,000 mi | $3,899 | 25 sales |
| 170,000 mi | $2,996 | 41 sales |
| 175,000 mi | $2,999 | 33 sales |
| 180,000 mi | $2,988 | 44 sales |
| 185,000 mi | $2,400 | 11 sales |
| 190,000 mi | $2,472 | 26 sales |
| 195,000 mi | $2,991 | 11 sales |
| 200,000 mi | $3,492 | 14 sales |
| 210,000 mi | $2,648 | 15 sales |
| 220,000 mi | $2,133 | 17 sales |
Frequently asked questions
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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.
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.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Aftermarket modifications can affect the depreciation of 2002 VOLKSWAGEN PASSAT either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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 PASSAT
1996 VOLKSWAGEN PASSAT
60+ sales records
2000 VOLKSWAGEN PASSAT
$3,995 average used price
510+ sales records
2008 VOLKSWAGEN PASSAT
$5,747 average used price
2,800+ sales records
2014 VOLKSWAGEN PASSAT
$9,995 average used price
91,600+ sales records
2015 VOLKSWAGEN PASSAT
$10,498 average used price
57,100+ sales records
2021 VOLKSWAGEN PASSAT
$18,988 average used price
15,000+ sales records
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2002 VOLKSWAGEN PASSAT on BADVIN
