Toyota Prius Depreciation

A Toyota Prius will depreciate 47% after 5 years and have a 5 year resale value of $15,354.

Toyota Prius owners are proud and loyal, and they love driving their hybrids around town. Unlike most hybrid models, the Prius actually holds its value quite well, relative to its peers. Even when compared to tradition fuel vehicles, the Prius rates somewhat above average in terms of depreciation, but do Prius owners really care? The Prius is the modern-day version of what the VW Beetle was in the 70's, an iconic symbol of peace, love and harmony. Check the batteries before you buy, however, as they are an expensive replacement if they are shot.

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 $28,801 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 Toyota Prius.

Toyota Prius Depreciation Calculator

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Toyota Prius Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,356 77.93% $22,445 12,000 2022
2 $8,228 71.43% $20,573 24,000 2023
3 $10,466 63.66% $18,335 36,000 2024
4 $11,598 59.73% $17,203 48,000 2025
5 $13,447 53.31% $15,354 60,000 2026
6 $16,267 43.52% $12,534 72,000 2027
7 $16,863 41.45% $11,938 84,000 2028
8 $18,911 34.34% $9,890 96,000 2029
9 $19,239 33.20% $9,562 108,000 2030
10 $20,270 29.62% $8,531 120,000 2031

Toyota Prius Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,356 77.93% $22,445
2 $8,228 71.43% $20,573
3 $10,466 63.66% $18,335
4 $11,598 59.73% $17,203
5 $13,447 53.31% $15,354
6 $16,267 43.52% $12,534
7 $16,863 41.45% $11,938
8 $18,911 34.34% $9,890
9 $19,239 33.20% $9,562
10 $20,270 29.62% $8,531

Buying a Toyota Prius New vs Used

If you purchase a used Toyota Prius that is 2 years old, then you could save $8,228 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 $5,219. 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 Prius models become available.

What About Toyota Prius Insurance Costs?

The average cost to insure a Toyota Prius is about $1,641 per year. This adds up to around $8,205 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 Toyota Prius. 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 Toyota Prius

The 2020 Toyota Prius is our top pick for the best model year value for the Prius. With the 2020, you would only pay, on average, 78% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 model years are also attractive years for the Prius, and provide a relatively good value. Our rankings consider multiple factors, including the Prius'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 Toyota Prius models.

Toyota Prius Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $28,801 $28,801 $155 $0 0% 100%
2020 $28,662 $22,514 $177 $6,287 21.83% 77.93% Best
2019 $28,384 $20,486 $212 $2,028 9.01% 71.43% Better
2018 $28,140 $18,181 $267 $2,305 11.25% 63.66% Better
2017 $27,960 $17,014 $313 $1,167 6.42% 59.73% Good
2016 $27,018 $14,790 $386 $2,224 13.07% 53.31%
2015 $26,221 $11,945 $533 $2,845 19.24% 43.52% Good
2014 $26,221 $11,461 $592 $484 4.05% 41.45%
2013 $26,221 $9,651 $646 $1,810 15.79% 34.34%
2012 $25,607 $9,229 $727 $422 4.37% 33.2%
2011 $24,682 $8,050 $738 $1,179 12.77% 29.62%
2010 $23,983 $7,790 $824 $260 3.23% 29.05%
2009 $22,423 $5,058 $950 $2,732 35.07% 18.32%
Year Price % Paid Value Rank
2021 $28,801 100%
2020 $22,514 77.93% Best
2019 $20,486 71.43% Better
2018 $18,181 63.66% Better
2017 $17,014 59.73% Good
2016 $14,790 53.31%
2015 $11,945 43.52% Good
2014 $11,461 41.45%
2013 $9,651 34.34%
2012 $9,229 33.2%
2011 $8,050 29.62%
2010 $7,790 29.05%
2009 $5,058 18.32%

Toyota Prius Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Toyota Prius Costs of Ownership

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