What is the Toyota Prius’s depreciation rate?
I’ve had my Toyota Prius for a couple of years but I’m thinking of selling it. I want to list a fair price, but I’m not sure how to figure that out. How much value did my Prius lose to depreciation?
Brittni Brinn · Answered on Nov 29, 2022
Reviewed by Shannon Martin, Licensed Insurance Agent.
Listing a car for a fair price is key to getting good offers! The Toyota Prius’s depreciation rate is 17.1% in the first year of ownership. To get an idea of how much value your Prius has lost, check out the table below for a 2020 Toyota Prius’s depreciation rate:
Year of ownership | Depreciation |
---|---|
1 | $4,981 |
2 | $2,736 |
3 | $2,407 |
4 | $2,135 |
5 | $1,915 |
Overall, a 2020 Toyota Prius will lose $14,174 in the first five years of ownership due to depreciation. Keep in mind that your Prius’s condition, mileage, and add-ons will affect its depreciation rate. You can use an online site like Edmunds or Kelley Blue Book to get a more precise value estimate for your Prius.
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