Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 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) 2004 VOLKSWAGEN PASSAT in 2004 was $27,425.
The average price for used 2004 VOLKSWAGEN PASSAT nowadays in 2024 is $4,977 which is 18% from the original price.
Estimated mileage driven per year is 10,812 miles.
The graph below is a depreciation curve for 2004 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 2004 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $27,425 | — | — | 100% | 0% |
| 2006 | 32,436 mi | $20,998 | +$0 | +0% | 76.57% | 23.43% |
| 2007 | 43,248 mi | $18,988 | +$2,010 | +9.57% | 69.24% | 30.76% |
| 2008 | 54,060 mi | $19,336 | −$348 | −1.83% | 70.51% | 29.49% |
| 2009 | 64,872 mi | $16,950 | +$2,386 | +12.34% | 61.8% | 38.2% |
| 2010 | 75,684 mi | $16,395 | +$555 | +3.27% | 59.78% | 40.22% |
| 2011 | 86,496 mi | $14,044 | +$2,351 | +14.34% | 51.21% | 48.79% |
| 2012 | 97,308 mi | $11,995 | +$2,049 | +14.59% | 43.74% | 56.26% |
| 2013 | 108,120 mi | $10,498 | +$1,497 | +12.48% | 38.28% | 61.72% |
| 2014 | 118,932 mi | $9,995 | +$503 | +4.79% | 36.44% | 63.56% |
| 2015 | 129,744 mi | $9,000 | +$995 | +9.95% | 32.82% | 67.18% |
| 2016 | 140,556 mi | $7,995 | +$1,005 | +11.17% | 29.15% | 70.85% |
| 2018 | 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 2004 VOLKSWAGEN PASSAT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 VOLKSWAGEN PASSAT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 35,000 mi | $12,148 | 10 sales |
| 40,000 mi | $6,995 | 13 sales |
| 60,000 mi | $6,543 | 20 sales |
| 65,000 mi | $6,295 | 27 sales |
| 70,000 mi | $5,387 | 32 sales |
| 75,000 mi | $4,991 | 41 sales |
| 80,000 mi | $5,100 | 44 sales |
| 85,000 mi | $5,500 | 56 sales |
| 90,000 mi | $4,995 | 61 sales |
| 95,000 mi | $4,965 | 61 sales |
| 100,000 mi | $4,988 | 61 sales |
| 105,000 mi | $4,650 | 65 sales |
| 110,000 mi | $4,945 | 62 sales |
| 115,000 mi | $4,900 | 70 sales |
| 120,000 mi | $3,997 | 92 sales |
| 125,000 mi | $4,488 | 79 sales |
| 130,000 mi | $4,699 | 66 sales |
| 135,000 mi | $3,997 | 50 sales |
| 140,000 mi | $3,950 | 82 sales |
| 145,000 mi | $3,997 | 92 sales |
| 150,000 mi | $3,950 | 81 sales |
| 155,000 mi | $3,990 | 58 sales |
| 160,000 mi | $3,995 | 33 sales |
| 165,000 mi | $3,999 | 65 sales |
| 170,000 mi | $3,450 | 52 sales |
| 175,000 mi | $3,991 | 35 sales |
| 180,000 mi | $2,989 | 45 sales |
| 185,000 mi | $2,425 | 14 sales |
| 190,000 mi | $2,995 | 24 sales |
| 195,000 mi | $3,198 | 29 sales |
| 200,000 mi | $3,335 | 22 sales |
| 205,000 mi | $2,997 | 13 sales |
| 210,000 mi | $4,995 | 12 sales |
Frequently asked questions
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
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.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
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.
Other years of VOLKSWAGEN PASSAT
1998 VOLKSWAGEN PASSAT
70+ sales records
2013 VOLKSWAGEN PASSAT
$9,000 average used price
78,800+ sales records
2016 VOLKSWAGEN PASSAT
$11,995 average used price
42,200+ sales records
2017 VOLKSWAGEN PASSAT
$14,044 average used price
67,500+ sales records
2019 VOLKSWAGEN PASSAT
$16,950 average used price
19,300+ sales records
2022 VOLKSWAGEN PASSAT
$20,998 average used price
6,500+ sales records
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