Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 59% after 5 years and have a 5 year resale value of $7,865.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per, and assumes a purchase price of $19,020 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,299 72.14% $13,721 13,500 2021
2 $7,035 63.01% $11,985 27,000 2022
3 $8,104 57.39% $10,916 40,500 2023
4 $10,290 45.90% $8,730 54,000 2024
5 $11,155 41.35% $7,865 67,500 2025
6 $12,412 34.74% $6,608 81,000 2026
7 $12,892 32.22% $6,128 94,500 2027
8 $13,538 28.82% $5,482 108,000 2028
9 $13,950 26.66% $5,070 121,500 2029
10 $14,330 24.66% $4,690 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,299 72.14% $13,721
2 $7,035 63.01% $11,985
3 $8,104 57.39% $10,916
4 $10,290 45.90% $8,730
5 $11,155 41.35% $7,865
6 $12,412 34.74% $6,608
7 $12,892 32.22% $6,128
8 $13,538 28.82% $5,482
9 $13,950 26.66% $5,070
10 $14,330 24.66% $4,690

Chevrolet Sonic Depreciation Calculator

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If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $7,035 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 $4,120. 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.

The Best Model Years to Buy a Chevrolet Sonic

The 2016 Chevrolet Sonic is our top pick for the best model year value for the Sonic. With the 2016, you would only pay, on average, 46% of the price as new, with 67% of the vehicle's useful life remaining. The 2018 and 2019 model years are also attractive years for the Sonic, and provide a relatively good value. Our rankings consider multiple factors, including the Sonic's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Sonic models.

Chevrolet Sonic Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $19,020 $19,020 $167 $0 0% 100%
2019 $18,483 $13,534 $201 $5,486 28.84% 72.14% Better
2018 $18,942 $12,198 $263 $1,336 9.87% 63.01% Better
2017 $18,188 $10,797 $359 $1,401 11.49% 57.39% Good
2016 $18,107 $8,733 $422 $2,064 19.12% 45.9% Best
2015 $18,073 $8,023 $549 $710 8.13% 41.35% Good
2014 $18,120 $7,076 $781 $947 11.8% 34.74%
2013 $17,537 $6,542 $892 $534 7.55% 32.22%
2012 $17,035 $5,874 $965 $668 10.21% 28.82%
Year Price % Paid Value Rank
2020 $19,020 100%
2019 $13,534 72.14% Better
2018 $12,198 63.01% Better
2017 $10,797 57.39% Good
2016 $8,733 45.9% Best
2015 $8,023 41.35% Good
2014 $7,076 34.74%
2013 $6,542 32.22%
2012 $5,874 28.82%
Our Favorite Chevrolet Sonic Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.