Depreciation
The depreciation graph and accompanying table on our page detail how the 2016 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) 2016 VOLKSWAGEN PASSAT in 2016 was $27,425.
The average price for used 2016 VOLKSWAGEN PASSAT nowadays in 2024 is $11,995 which is 44% from the original price.
Estimated mileage driven per year is 10,812 miles.
The graph below is a depreciation curve for 2016 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 2016 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 | ||
|---|---|---|---|---|---|---|
| 2016 MSRP | 0 mi | $27,425 | — | — | 100% | 0% |
| 2018 | 32,436 mi | $20,998 | +$0 | +0% | 76.57% | 23.43% |
| 2019 | 43,248 mi | $18,988 | +$2,010 | +9.57% | 69.24% | 30.76% |
| 2020 | 54,060 mi | $19,336 | −$348 | −1.83% | 70.51% | 29.49% |
| 2021 | 64,872 mi | $16,950 | +$2,386 | +12.34% | 61.8% | 38.2% |
| 2022 | 75,684 mi | $16,395 | +$555 | +3.27% | 59.78% | 40.22% |
| 2023 | 86,496 mi | $14,044 | +$2,351 | +14.34% | 51.21% | 48.79% |
| 2024 | 97,308 mi | $11,995 | +$2,049 | +14.59% | 43.74% | 56.26% |
| 2025 | 108,120 mi | $10,498 | +$1,497 | +12.48% | 38.28% | 61.72% |
| 2026 | 118,932 mi | $9,995 | +$503 | +4.79% | 36.44% | 63.56% |
| 2027 | 129,744 mi | $9,000 | +$995 | +9.95% | 32.82% | 67.18% |
| 2028 | 140,556 mi | $7,995 | +$1,005 | +11.17% | 29.15% | 70.85% |
| 2030 | 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 2016 VOLKSWAGEN PASSAT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2016 VOLKSWAGEN PASSAT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $19,990 | 49 sales |
| 20,000 mi | $21,990 | 20 sales |
| 25,000 mi | $17,998 | 30 sales |
| 30,000 mi | $17,990 | 55 sales |
| 35,000 mi | $16,391 | 49 sales |
| 40,000 mi | $16,998 | 93 sales |
| 45,000 mi | $16,900 | 115 sales |
| 50,000 mi | $16,495 | 169 sales |
| 55,000 mi | $15,984 | 154 sales |
| 60,000 mi | $15,795 | 257 sales |
| 65,000 mi | $15,171 | 277 sales |
| 70,000 mi | $14,995 | 316 sales |
| 75,000 mi | $14,652 | 334 sales |
| 80,000 mi | $14,544 | 303 sales |
| 85,000 mi | $13,990 | 369 sales |
| 90,000 mi | $13,725 | 318 sales |
| 95,000 mi | $12,991 | 316 sales |
| 100,000 mi | $12,918 | 314 sales |
| 105,000 mi | $12,490 | 263 sales |
| 110,000 mi | $11,699 | 234 sales |
| 115,000 mi | $10,995 | 183 sales |
| 120,000 mi | $10,980 | 152 sales |
| 125,000 mi | $10,495 | 153 sales |
| 130,000 mi | $9,746 | 97 sales |
| 135,000 mi | $9,995 | 73 sales |
| 140,000 mi | $9,749 | 51 sales |
| 145,000 mi | $9,850 | 57 sales |
| 150,000 mi | $9,363 | 69 sales |
| 155,000 mi | $9,791 | 30 sales |
| 160,000 mi | $8,959 | 24 sales |
| 165,000 mi | $8,093 | 13 sales |
| 170,000 mi | $7,999 | 17 sales |
| 175,000 mi | $8,350 | 14 sales |
| 190,000 mi | $7,725 | 10 sales |
Frequently asked questions
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.
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.
Proper maintenance and good condition can slow the depreciation of a 2016 VOLKSWAGEN PASSAT by making it more attractive to potential buyers, thereby preserving more of its value.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
Depreciation directly affects the resale value of a 2016 VOLKSWAGEN PASSAT, with faster depreciating vehicles typically having lower resale values over time.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
Other years of VOLKSWAGEN PASSAT
2001 VOLKSWAGEN PASSAT
$4,950 average used price
920+ sales records
2002 VOLKSWAGEN PASSAT
$3,998 average used price
1,800+ sales records
2003 VOLKSWAGEN PASSAT
$4,945 average used price
2,800+ sales records
2004 VOLKSWAGEN PASSAT
$4,977 average used price
2,100+ 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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2017 VOLKSWAGEN TOUAREG
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2018 VOLKSWAGEN GOLF
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2016 VOLKSWAGEN PASSAT on BADVIN
