Chevrolet Sonic Depreciation

A Chevrolet Sonic will depreciate 58% after 5 years and have a 5 year resale value of $7,952.

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. 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,238 72.46% $13,782 13,500 2021
2 $6,807 64.21% $12,213 27,000 2022
3 $8,439 55.63% $10,581 40,500 2023
4 $10,084 46.98% $8,936 54,000 2024
5 $11,068 41.81% $7,952 67,500 2025
6 $12,437 34.61% $6,583 81,000 2026
7 $12,943 31.95% $6,077 94,500 2027
8 $13,097 31.14% $5,923 108,000 2028
9 $13,541 28.81% $5,479 121,500 2029
10 $13,952 26.65% $5,068 135,000 2030

Chevrolet Sonic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,238 72.46% $13,782
2 $6,807 64.21% $12,213
3 $8,439 55.63% $10,581
4 $10,084 46.98% $8,936
5 $11,068 41.81% $7,952
6 $12,437 34.61% $6,583
7 $12,943 31.95% $6,077
8 $13,097 31.14% $5,923
9 $13,541 28.81% $5,479
10 $13,952 26.65% $5,068

Chevrolet Sonic Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Sonic that is 2 years old, then you could save $6,807 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 $4,261. 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 $205 $0 0% 100%
2019 $18,483 $13,632 $239 $5,388 28.33% 72.46% Better
2018 $18,942 $12,464 $301 $1,168 8.57% 64.21% Good
2017 $18,188 $10,515 $397 $1,949 15.64% 55.63% Better
2016 $18,107 $8,966 $460 $1,549 14.73% 46.98% Best
2015 $18,073 $8,143 $587 $823 9.18% 41.81% Good
2014 $18,120 $7,091 $820 $1,052 12.92% 34.61%
2013 $17,537 $6,533 $930 $558 7.87% 31.95%
2012 $17,035 $6,307 $1,003 $226 3.46% 31.14%
Year Price % Paid Value Rank
2020 $19,020 100%
2019 $13,632 72.46% Better
2018 $12,464 64.21% Good
2017 $10,515 55.63% Better
2016 $8,966 46.98% Best
2015 $8,143 41.81% Good
2014 $7,091 34.61%
2013 $6,533 31.95%
2012 $6,307 31.14%

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: