Toyota Prius Depreciation
A Toyota Prius will depreciate 38% after 5 years and have a 5 year resale value of $22,379.
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. It also assumes a selling price of $35,876 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
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $5,005 | 86.05% | $30,871 | 13,500 | 2025 |
| 2 | $6,110 | 82.97% | $29,766 | 27,000 | 2026 |
| 3 | $10,537 | 70.63% | $25,339 | 40,500 | 2027 |
| 4 | $12,958 | 63.88% | $22,918 | 54,000 | 2028 |
| 5 | $13,497 | 62.38% | $22,379 | 67,500 | 2029 |
| 6 | $14,035 | 60.88% | $21,841 | 81,000 | 2030 |
| 7 | $14,490 | 59.61% | $21,386 | 94,500 | 2031 |
| 8 | $15,513 | 56.76% | $20,363 | 108,000 | 2032 |
| 9 | $16,625 | 53.66% | $19,251 | 121,500 | 2033 |
| 10 | $18,067 | 49.64% | $17,809 | 135,000 | 2034 |
Toyota Prius Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $5,005 | 86.05% | $30,871 |
| 2 | $6,110 | 82.97% | $29,766 |
| 3 | $10,537 | 70.63% | $25,339 |
| 4 | $12,958 | 63.88% | $22,918 |
| 5 | $13,497 | 62.38% | $22,379 |
| 6 | $14,035 | 60.88% | $21,841 |
| 7 | $14,490 | 59.61% | $21,386 |
| 8 | $15,513 | 56.76% | $20,363 |
| 9 | $16,625 | 53.66% | $19,251 |
| 10 | $18,067 | 49.64% | $17,809 |
Buying a Toyota Prius New vs Used
If you purchase a used Toyota Prius that is 2 years old, then you could save $6,110 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 $7,387. 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 $2,422 per year. This adds up to around $12,110 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 2024 Toyota Prius is our top pick for the best model year value for the Prius. With the 2024, you would only pay, on average, 86% 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 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 |
|---|---|---|---|---|---|---|---|
| 2025 | $35,876 | $35,876 | $201 | $0 | 0% | 100% | |
| 2024 | $35,386 | $30,450 | $226 | $5,426 | 15.12% | 86.05% | Best |
| 2023 | $34,846 | $28,913 | $276 | $1,537 | 5.05% | 82.97% | Good |
| 2022 | $32,283 | $22,800 | $341 | $6,113 | 21.14% | 70.63% | Better |
| 2021 | $31,498 | $20,122 | $404 | $2,678 | 11.75% | 63.88% | Better |
| 2020 | $31,165 | $19,441 | $517 | $681 | 3.38% | 62.38% | Good |
| 2019 | $30,719 | $18,702 | $568 | $739 | 3.8% | 60.88% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2025 | $35,876 | 100% | |
| 2024 | $30,450 | 86.05% | Best |
| 2023 | $28,913 | 82.97% | Good |
| 2022 | $22,800 | 70.63% | Better |
| 2021 | $20,122 | 63.88% | Better |
| 2020 | $19,441 | 62.38% | Good |
| 2019 | $18,702 | 60.88% |
Toyota Prius Depreciation Rankings
We've ranked over 300 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.
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:
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