Toyota Mirai Resale Value and Depreciation
See how much the Toyota Mirai depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Toyota Mirai depreciates 52.9 percent after five years, resulting in a resale value of $24,421. In comparison, the sedan category, which the Toyota Mirai belongs to, loses 40 percent of its value after five years. The five-year depreciation for all cars is 41.7 percent.
If you plan to drive a new Toyota Mirai for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Toyota Mirai sees a depreciation of 46.1 percent with a resale value of $27,924. Its 7-year depreciation is 60.1 percent and 10-year depreciation is 61.4 percent.
Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.
A new Toyota Mirai depreciates 52.9 percent after five years, resulting in a resale value of $24,421. In comparison, the sedan category, which the Toyota Mirai belongs to, loses 40 percent of its value after five years. The five-year depreciation for all cars is 41.7 percent.
If you plan to drive a new Toyota Mirai for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Toyota Mirai sees a depreciation of 46.1 percent with a resale value of $27,924. Its 7-year depreciation is 60.1 percent and 10-year depreciation is 61.4 percent.
Toyota Mirai Depreciation After 3, 5, 7 and 10 Years
Toyota Mirai Depreciation and Resale Value
| Vehicle Age | % Depreciation | $ Depreciation | % Residual Value | $ Residual Value |
|---|---|---|---|---|
|
3 Years |
0.4608652612 |
23870.516203854 |
0.5391347388 |
27924.483796146 |
|
5 Years |
0.5285161219 |
27374.4925338105 |
0.4714838781 |
24420.5074661895 |
|
7 Years |
0.6008393959 |
31120.4765106405 |
0.3991606041 |
20674.5234893595 |
|
10 Years |
0.6144607385 |
31825.9939506075 |
0.3855392615 |
19969.0060493925 |
Toyota Mirai Depreciation Comparison
| 3-Year Depreciation | 5-Year Depreciation | 7-Year Depreciation | 10-Year Depreciation | |
|---|---|---|---|---|
|
Toyota Mirai |
0.4608652612 |
0.5285161219 |
0.6008393959 |
0.6144607385 |
|
All Sedans |
0.242806461102629 |
0.3998757313826054 |
0.5076429493206805 |
0.6362355787814005 |
|
All Cars |
0.2479009430045714 |
0.4169516770977099 |
0.5250555738469359 |
0.6511538004448022 |
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Methodology
iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car's automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.