Lincoln Corsair Depreciation

A Lincoln Corsair will depreciate 51% after 5 years and have a 5 year resale value of $22,487.

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 $45,566 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 Lincoln Corsair.

Lincoln Corsair Depreciation Calculator

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Lincoln Corsair Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,653 81.01% $36,913 12,000 2022
2 $12,540 72.48% $33,026 24,000 2023
3 $14,690 67.76% $30,876 36,000 2024
4 $20,382 55.27% $25,184 48,000 2025
5 $23,079 49.35% $22,487 60,000 2026
6 $27,918 38.73% $17,648 72,000 2027
7 $31,386 31.12% $14,180 84,000 2028
8 $33,701 26.04% $11,865 96,000 2029
9 $35,901 21.21% $9,665 108,000 2030
10 $36,407 20.10% $9,159 120,000 2031

Lincoln Corsair Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,653 81.01% $36,913
2 $12,540 72.48% $33,026
3 $14,690 67.76% $30,876
4 $20,382 55.27% $25,184
5 $23,079 49.35% $22,487
6 $27,918 38.73% $17,648
7 $31,386 31.12% $14,180
8 $33,701 26.04% $11,865
9 $35,901 21.21% $9,665
10 $36,407 20.10% $9,159

Buying a Lincoln Corsair New vs Used

If you purchase a used Lincoln Corsair that is 2 years old, then you could save $12,540 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 $10,539. 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 Corsair models become available.

What About Lincoln Corsair Insurance Costs?

The average cost to insure a Lincoln Corsair is about $1,788 per year. This adds up to around $8,940 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 Lincoln Corsair. 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

Lincoln Corsair Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Lincoln Corsair Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Lincoln Corsair 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: