Volkswagen Golf Depreciation
A Volkswagen Golf will depreciate 32% after 5 years and have a 5 year resale value of $18,481.
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 | $2,882 | 89.36% | $24,201 | 12,000 | 2025 |
| 2 | $4,767 | 82.40% | $22,316 | 24,000 | 2026 |
| 3 | $7,348 | 72.87% | $19,735 | 36,000 | 2027 |
| 4 | $8,333 | 69.23% | $18,750 | 48,000 | 2028 |
| 5 | $8,602 | 68.24% | $18,481 | 60,000 | 2029 |
| 6 | $10,424 | 61.51% | $16,659 | 72,000 | 2030 |
| 7 | $12,729 | 53.00% | $14,354 | 84,000 | 2031 |
| 8 | $12,989 | 52.04% | $14,094 | 96,000 | 2032 |
| 9 | $14,248 | 47.39% | $12,835 | 108,000 | 2033 |
| 10 | $16,713 | 38.29% | $10,370 | 120,000 | 2034 |
Volkswagen Golf Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $2,882 | 89.36% | $24,201 |
| 2 | $4,767 | 82.40% | $22,316 |
| 3 | $7,348 | 72.87% | $19,735 |
| 4 | $8,333 | 69.23% | $18,750 |
| 5 | $8,602 | 68.24% | $18,481 |
| 6 | $10,424 | 61.51% | $16,659 |
| 7 | $12,729 | 53.00% | $14,354 |
| 8 | $12,989 | 52.04% | $14,094 |
| 9 | $14,248 | 47.39% | $12,835 |
| 10 | $16,713 | 38.29% | $10,370 |
Buying a Volkswagen Golf New vs Used
If you purchase a used Volkswagen Golf that is 2 years old, then you could save $4,767 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 $3,835. 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.
What About Volkswagen Golf Insurance Costs?
The average cost to insure a Volkswagen Golf is about $1,958 per year. This adds up to around $9,790 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 Volkswagen Golf. 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
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.
Other Volkswagen Golf Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Volkswagen Golf 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:
Volkswagen Golfs For Sale
2011 Volkswagen Golf Base
$7,482
2015 Volkswagen Golf TSI S
$7,300
2017 Volkswagen Golf Wolfsburg Edition
$13,950
Related Articles
Do Electric And Hybrid Cars Hold Their Value?
The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024
5 Trucks with the Worst Depreciation
