Toyota Prius Depreciation

A Toyota Prius will depreciate 51% after 5 years and have a 5 year resale value of $14,090.

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 13,500 miles per year, and assumes a purchase price of $28,662 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Toyota Prius Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,297 78.03% $22,365 13,500 2021
2 $8,157 71.54% $20,505 27,000 2022
3 $9,249 67.73% $19,413 40,500 2023
4 $10,940 61.83% $17,722 54,000 2024
5 $14,572 49.16% $14,090 67,500 2025
6 $16,486 42.48% $12,176 81,000 2026
7 $18,017 37.14% $10,645 94,500 2027
8 $18,596 35.12% $10,066 108,000 2028
9 $19,550 31.79% $9,112 121,500 2029
10 $19,949 30.40% $8,713 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,297 78.03% $22,365
2 $8,157 71.54% $20,505
3 $9,249 67.73% $19,413
4 $10,940 61.83% $17,722
5 $14,572 49.16% $14,090
6 $16,486 42.48% $12,176
7 $18,017 37.14% $10,645
8 $18,596 35.12% $10,066
9 $19,550 31.79% $9,112
10 $19,949 30.40% $8,713

Toyota Prius Depreciation Calculator

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If you purchase a used Toyota Prius that is 2 years old, then you could save $8,157 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 $6,415. 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.

The Best Model Years to Buy a Toyota Prius

The 2019 Toyota Prius is our top pick for the best model year value for the Prius. With the 2019, you would only pay, on average, 78% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2015 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
2020 $28,662 $28,662 $103 $0 0% 100%
2019 $28,384 $22,272 $124 $6,390 22.29% 78.03% Best
2018 $28,140 $20,293 $163 $1,979 8.89% 71.54% Better
2017 $27,960 $19,159 $222 $1,134 5.59% 67.73% Good
2016 $27,018 $16,966 $260 $2,193 11.45% 61.83%
2015 $26,221 $13,229 $339 $3,737 22.03% 49.16% Better
2014 $26,221 $11,621 $482 $1,608 12.16% 42.48% Good
2013 $26,221 $10,288 $550 $1,333 11.47% 37.14%
2012 $25,607 $9,590 $596 $698 6.78% 35.12%
2011 $24,682 $8,531 $685 $1,059 11.04% 31.79%
2010 $23,983 $7,996 $705 $535 6.27% 30.4%
2009 $22,423 $6,568 $813 $1,428 17.86% 25.67%
2008 $21,824 $6,017 $966 $551 8.39% 23.14%
Year Price % Paid Value Rank
2020 $28,662 100%
2019 $22,272 78.03% Best
2018 $20,293 71.54% Better
2017 $19,159 67.73% Good
2016 $16,966 61.83%
2015 $13,229 49.16% Better
2014 $11,621 42.48% Good
2013 $10,288 37.14%
2012 $9,590 35.12%
2011 $8,531 31.79%
2010 $7,996 30.4%
2009 $6,568 25.67%
2008 $6,017 23.14%
Our Favorite Toyota Prius Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.