Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 38% after 5 years and have a 5 year resale value of $11,718.

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.

CarEdge Insights
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Total For Sale & Total Sold
Market Days Supply
And more!
Unlock the secrets to smarter car buying.
Now includes dealer invoice pricing.
Get CarEdge's tool kit for expert negotiations and insider data so you can make your next car purchase with confidence and clarity.
Dealer Invoice Price
Market Days Supply
Total For Sale & Total Sold
And more!

Chevrolet Sonic Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,465 87.04% $16,555 12,000 2025
2 $4,217 77.83% $14,803 24,000 2026
3 $6,562 65.50% $12,458 36,000 2027
4 $6,712 64.71% $12,308 48,000 2028
5 $7,302 61.61% $11,718 60,000 2029
6 $7,895 58.49% $11,125 72,000 2030
7 $9,540 49.84% $9,480 84,000 2031
8 $10,235 46.19% $8,785 96,000 2032
9 $10,790 43.27% $8,230 108,000 2033
10 $11,737 38.29% $7,283 120,000 2034

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,465 87.04% $16,555
2 $4,217 77.83% $14,803
3 $6,562 65.50% $12,458
4 $6,712 64.71% $12,308
5 $7,302 61.61% $11,718
6 $7,895 58.49% $11,125
7 $9,540 49.84% $9,480
8 $10,235 46.19% $8,785
9 $10,790 43.27% $8,230
10 $11,737 38.29% $7,283

Buying a Chevrolet Sonic New vs Used

If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $4,217 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 $3,085. 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.

What About Chevrolet Sonic Insurance Costs?

The average cost to insure a Chevrolet Sonic is about $2,312 per year. This adds up to around $11,560 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Sonic. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

Chevrolet Sonic 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.

Other Chevrolet Sonic Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Sonic costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

Chevrolet Sonics For Sale

2016 Chevrolet Sonic LTZ

Mileage: 86,985
Mileage: 86,985     Price: $8,392
Location: Sterling, VA ~ 3 miles away
Dealer: Stohlman Subaru Of Sterling
Days on Market: 36
Colors (ext/int): Red Hot / Jet Black/Dark Titanium

$8,392


2020 Chevrolet Sonic

Mileage: 53,776
Mileage: 53,776     Price: $13,950
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 146
Colors (ext/int): Silver Ice Metallic(Silver) / Jet Black/Dark Titanium

$13,950


2020 Chevrolet Sonic

Mileage: 30,422
Mileage: 30,422     Price: $14,290
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 167
Colors (ext/int): Nightfall Gray Metallic(Gray) / Jet Black/Dark Titanium

$14,290


Buying a car just got a whole lot easier.

What type of help are you looking for?

Make dealers compete. Get offers on new cars in minutes.

New, used, lease - we'll find & negotiate it.
Car Buying & Leasing Service
Search cars
Search smarter

Related Articles

Do Electric And Hybrid Cars Hold Their Value?

The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024

5 Trucks with the Worst Depreciation

Other Chevrolet Models & Comparisons