Volkswagen Golf Depreciation
A Volkswagen Golf will depreciate 28% after 5 years and have a 5 year resale value of $19,586.
Volkswagen's Golf has been around since the 70's, and has undergone numerous alterations over the years. With such, the car has a great following, and it has established itself as a reliable compact to last through the ages. While it loses a fair bit of value in the early years, its depreciation later in life is minimal, and provides good value for those wanting a dependable ride that is only a couple years old. Drive a Golf until it has 200,000 miles or more-people do it all the time.
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 $27,083 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 Volkswagen Golf.
Volkswagen Golf Depreciation
Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
---|---|---|---|---|---|
1 | $693 | 97.44% | $26,390 | 12,000 | 2022 |
2 | $2,586 | 90.45% | $24,497 | 24,000 | 2023 |
3 | $3,551 | 86.89% | $23,532 | 36,000 | 2024 |
4 | $5,628 | 79.22% | $21,455 | 48,000 | 2025 |
5 | $7,497 | 72.32% | $19,586 | 60,000 | 2026 |
6 | $8,520 | 68.54% | $18,563 | 72,000 | 2027 |
7 | $10,048 | 62.90% | $17,035 | 84,000 | 2028 |
8 | $12,296 | 54.60% | $14,787 | 96,000 | 2029 |
9 | $14,026 | 48.21% | $13,057 | 108,000 | 2030 |
10 | $15,556 | 42.56% | $11,527 | 120,000 | 2031 |
Volkswagen Golf Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $693 | 97.44% | $26,390 |
2 | $2,586 | 90.45% | $24,497 |
3 | $3,551 | 86.89% | $23,532 |
4 | $5,628 | 79.22% | $21,455 |
5 | $7,497 | 72.32% | $19,586 |
6 | $8,520 | 68.54% | $18,563 |
7 | $10,048 | 62.90% | $17,035 |
8 | $12,296 | 54.60% | $14,787 |
9 | $14,026 | 48.21% | $13,057 |
10 | $15,556 | 42.56% | $11,527 |
Buying a Volkswagen Golf New vs Used
If you purchase a used Volkswagen Golf that is 2 years old, then you could save $2,586 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 $4,911. 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 Golf models become available.
Volkswagen Golf Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Volkswagen Golf ranks for Depreciation compared to other vehicles. Also check out how the Golf stacks up in our rankings for Maintenance, Insurance and Overall Costs.