Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 54% after 5 years and have a 5 year resale value of $8,715.

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 $4,456 76.57% $14,564 12,000 2022
2 $6,821 64.14% $12,199 24,000 2023
3 $8,002 57.93% $11,018 36,000 2024
4 $9,158 51.85% $9,862 48,000 2025
5 $10,305 45.82% $8,715 60,000 2026
6 $11,796 37.98% $7,224 72,000 2027
7 $12,802 32.69% $6,218 84,000 2028
8 $13,645 28.26% $5,375 96,000 2029
9 $13,835 27.26% $5,185 108,000 2030
10 $14,649 22.98% $4,371 120,000 2031

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,456 76.57% $14,564
2 $6,821 64.14% $12,199
3 $8,002 57.93% $11,018
4 $9,158 51.85% $9,862
5 $10,305 45.82% $8,715
6 $11,796 37.98% $7,224
7 $12,802 32.69% $6,218
8 $13,645 28.26% $5,375
9 $13,835 27.26% $5,185
10 $14,649 22.98% $4,371

Buying a Chevrolet Sonic New vs Used

If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $6,821 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 $3,484. 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