PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How much will the Mazda 3 depreciate?
My friend claims her Mazda 3 won’t depreciate very much in the next few years, but that doesn’t sound right to me. From my understanding, every car depreciates a huge amount after even the first year of owning it! How much can we expect the Mazda 3 to depreciate?
Joshua Levy · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The
Mazda 3
is a great ride with incredible specs and a relatively low cost. Unfortunately, the Mazda 3 also depreciates by 48% in 5 years—meaning it doesn’t retain its value very well over time.Nowadays, the average depreciation rate of cars in the United States is about 8% per year. While that may not seem like a lot, it means that most cars will lose nearly half their value after six years.
The Mazda 3 is actually a little unique in the way it depreciates. For the first three years the Mazda 3 only depreciates by about 7% per year. But there’s a sharp drop after the fourth year that makes it depreciate faster than most other cars.
While it may not retain its value, the Mazda 3 is still a reliable car that can last you a while! It’s
low-maintenance
, has great mileage, and can sometimes last up to 300,000 miles! If you decide to buy a Mazda 3, you can also offset the cost of depreciation by saving on car insurance with Jerry
. A licensed broker, the Jerry app helps users compare personalized quotes from over 50 top providers like Progressive and Nationwide. Users save an average of $887 a year on car insurance with Jerry—and it only takes a minute to sign up.
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
