Mazda 3 Depreciation
A Mazda 3 will depreciate 37% after 5 years and have a 5 year resale value of $18,189.
The Mazda 3 does reasonably well holding its value in a very competitve segment. However, after 7 years, the Mazda 3 falls considerably, and is outpaced by many of its peers. With such, the 3 is hard to recommend simply from a value standpoint, as it does not age well. Perhaps you will be better off considering a Honda or Toyota when looking in this vehicle class.
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 $28,890 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 Mazda 3.
Mazda 3 Depreciation
Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
---|---|---|---|---|---|
1 | $3,698 | 87.20% | $25,192 | 12,000 | 2025 |
2 | $5,787 | 79.97% | $23,103 | 24,000 | 2026 |
3 | $7,633 | 73.58% | $21,257 | 36,000 | 2027 |
4 | $9,227 | 68.06% | $19,663 | 48,000 | 2028 |
5 | $10,701 | 62.96% | $18,189 | 60,000 | 2029 |
6 | $12,064 | 58.24% | $16,826 | 72,000 | 2030 |
7 | $13,327 | 53.87% | $15,563 | 84,000 | 2031 |
8 | $13,711 | 52.54% | $15,179 | 96,000 | 2032 |
9 | $14,592 | 49.49% | $14,298 | 108,000 | 2033 |
10 | $15,768 | 45.42% | $13,122 | 120,000 | 2034 |
Mazda 3 Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $3,698 | 87.20% | $25,192 |
2 | $5,787 | 79.97% | $23,103 |
3 | $7,633 | 73.58% | $21,257 |
4 | $9,227 | 68.06% | $19,663 |
5 | $10,701 | 62.96% | $18,189 |
6 | $12,064 | 58.24% | $16,826 |
7 | $13,327 | 53.87% | $15,563 |
8 | $13,711 | 52.54% | $15,179 |
9 | $14,592 | 49.49% | $14,298 |
10 | $15,768 | 45.42% | $13,122 |
Buying a Mazda 3 New vs Used
If you purchase a used Mazda 3 that is 2 years old, then you could save $5,787 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 $4,914. 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 3 models become available.
What About Mazda 3 Insurance Costs?
The average cost to insure a Mazda 3 is about $1,947 per year. This adds up to around $9,735 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 Mazda 3. 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
The Best Model Years to Buy a Mazda 3
The 2023 Mazda 3 is our top pick for the best model year value for the 3. With the 2023, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the 3, and provide a relatively good value. Our rankings consider multiple factors, including the 3'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 Mazda 3 models.
Mazda 3 Historical Depreciation
Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
---|---|---|---|---|---|---|---|
2024 | $28,890 | $28,890 | $226 | $0 | 0% | 100% | |
2023 | $29,330 | $25,576 | $266 | $3,314 | 11.47% | 87.2% | Best |
2022 | $28,903 | $23,113 | $330 | $2,463 | 9.63% | 79.97% | Better |
2021 | $28,851 | $21,229 | $433 | $1,884 | 8.15% | 73.58% | Better |
2020 | $26,909 | $19,979 | $517 | $1,250 | 5.89% | 74.25% | Good |
2019 | $26,896 | $18,999 | $651 | $980 | 4.91% | 70.64% | Good |
2018 | $23,215 | $15,549 | $754 | $3,450 | 18.16% | 66.98% | |
2017 | $23,208 | $13,715 | $794 | $1,834 | 11.79% | 59.1% | |
2016 | $24,623 | $12,938 | $821 | $777 | 5.67% | 52.54% | |
2015 | $24,692 | $12,219 | $857 | $719 | 5.56% | 49.49% | |
2014 | $24,600 | $11,173 | $910 | $1,046 | 8.56% | 45.42% | |
2013 | $23,823 | $8,905 | $991 | $2,268 | 20.3% | 37.38% | |
2012 | $22,463 | $8,187 | $1,072 | $718 | 8.06% | 36.45% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2024 | $28,890 | 100% | |
2023 | $25,576 | 87.2% | Best |
2022 | $23,113 | 79.97% | Better |
2021 | $21,229 | 73.58% | Better |
2020 | $19,979 | 74.25% | Good |
2019 | $18,999 | 70.64% | Good |
2018 | $15,549 | 66.98% | |
2017 | $13,715 | 59.1% | |
2016 | $12,938 | 52.54% | |
2015 | $12,219 | 49.49% | |
2014 | $11,173 | 45.42% | |
2013 | $8,905 | 37.38% | |
2012 | $8,187 | 36.45% |
Mazda 3 Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Mazda 3 ranks for Depreciation compared to other vehicles. Also check out how the 3 stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Mazda 3 Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Mazda 3 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: