Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 58% after 5 years and have a 5 year resale value of $7,992.

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 year, 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 $5,198 72.67% $13,822 13,500 2021
2 $6,769 64.41% $12,251 27,000 2022
3 $8,399 55.84% $10,621 40,500 2023
4 $10,044 47.19% $8,976 54,000 2024
5 $11,028 42.02% $7,992 67,500 2025
6 $12,397 34.82% $6,623 81,000 2026
7 $12,901 32.17% $6,119 94,500 2027
8 $13,055 31.36% $5,965 108,000 2028
9 $13,503 29.01% $5,517 121,500 2029
10 $13,916 26.83% $5,104 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,198 72.67% $13,822
2 $6,769 64.41% $12,251
3 $8,399 55.84% $10,621
4 $10,044 47.19% $8,976
5 $11,028 42.02% $7,992
6 $12,397 34.82% $6,623
7 $12,901 32.17% $6,119
8 $13,055 31.36% $5,965
9 $13,503 29.01% $5,517
10 $13,916 26.83% $5,104

Chevrolet Sonic Depreciation Calculator

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If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $6,769 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 $4,259. 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, 47% of the price as new, with 67% of the vehicle's useful life remaining. The 2017 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 $13,632 $201 $5,388 28.33% 72.67% Better
2018 $18,942 $12,464 $263 $1,168 8.57% 64.41% Good
2017 $18,188 $10,515 $359 $1,949 15.64% 55.84% Better
2016 $18,107 $8,966 $422 $1,549 14.73% 47.19% Best
2015 $18,073 $8,143 $549 $823 9.18% 42.02% Good
2014 $18,120 $7,091 $781 $1,052 12.92% 34.82%
2013 $17,537 $6,533 $892 $558 7.87% 32.17%
2012 $17,035 $6,307 $965 $226 3.46% 31.36%
Year Price % Paid Value Rank
2020 $19,020 100%
2019 $13,632 72.67% Better
2018 $12,464 64.41% Good
2017 $10,515 55.84% Better
2016 $8,966 47.19% Best
2015 $8,143 42.02% Good
2014 $7,091 34.82%
2013 $6,533 32.17%
2012 $6,307 31.36%
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 September 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.