Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 50% after 5 years and have a 5 year resale value of $9,500.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $19,020 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Sonic.

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,935 79.31% $15,085 12,000 2022
2 $5,940 68.77% $13,080 24,000 2023
3 $7,435 60.91% $11,585 36,000 2024
4 $8,782 53.83% $10,238 48,000 2025
5 $9,520 49.95% $9,500 60,000 2026
6 $11,077 41.76% $7,943 72,000 2027
7 $12,224 35.73% $6,796 84,000 2028
8 $12,888 32.24% $6,132 96,000 2029
9 $13,348 29.82% $5,672 108,000 2030
10 $14,604 23.22% $4,416 120,000 2031

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,935 79.31% $15,085
2 $5,940 68.77% $13,080
3 $7,435 60.91% $11,585
4 $8,782 53.83% $10,238
5 $9,520 49.95% $9,500
6 $11,077 41.76% $7,943
7 $12,224 35.73% $6,796
8 $12,888 32.24% $6,132
9 $13,348 29.82% $5,672
10 $14,604 23.22% $4,416

Chevrolet Sonic Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $5,940 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $3,580. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Sonic models become available.