Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 28% after 5 years and have a 5 year resale value of $13,755.

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 Calculator

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Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $487 97.44% $18,533 12,000 2022
2 $1,816 90.45% $17,204 24,000 2023
3 $2,494 86.89% $16,526 36,000 2024
4 $3,952 79.22% $15,068 48,000 2025
5 $5,265 72.32% $13,755 60,000 2026
6 $5,984 68.54% $13,036 72,000 2027
7 $7,056 62.90% $11,964 84,000 2028
8 $8,635 54.60% $10,385 96,000 2029
9 $9,850 48.21% $9,170 108,000 2030
10 $10,925 42.56% $8,095 120,000 2031

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $487 97.44% $18,533
2 $1,816 90.45% $17,204
3 $2,494 86.89% $16,526
4 $3,952 79.22% $15,068
5 $5,265 72.32% $13,755
6 $5,984 68.54% $13,036
7 $7,056 62.90% $11,964
8 $8,635 54.60% $10,385
9 $9,850 48.21% $9,170
10 $10,925 42.56% $8,095

Buying a Chevrolet Sonic New vs Used

If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $1,816 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 $3,449. 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.

Chevrolet Sonic Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Sonic ranks for Depreciation compared to other vehicles. Also check out how the Sonic stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings