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Depreciation

1998 Toyota Corolla Depreciation

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1998 Toyota Corolla

A 1998 Toyota Corolla has depreciated $233 or 14% in the last 3 years and has a current resale value of $1,390 and trade-in value of $629.

A 1998 Toyota Corolla has depreciated $233 or 14% in the last 3 years and has a current resale value of $1,390 and trade-in value of $629.

Among the Best

The 1998 Toyota Corolla is in the top 10% for depreciation among all 1998 Sedans.

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1998 Toyota Corolla
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1998 Toyota Corolla Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$203
$1,623
$823
2023
$174
$1,449
$699
2024
$43
$1,406
$644
Now
$16
$1,390
$629
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

1998 Toyota Corolla Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Managing 1998 Toyota Corolla Depreciation

Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.

Driving Habits

Use good driving habits
Limit your mileage

Maintenance and Upkeep

Perform regular maintenance
Maintain cleanliness
Keep your car protected

Service Advisor

Our specialized Service Advisor pages are tailored to your car's make and model, helping you stay on top of maintenance schedules, receive recall alerts, and more.

FAQs

According to Kelley Blue Book, a 1998 Toyota Corolla depreciated about 14% over the last three years. Generally the 1998 Toyota Corolla is in the top 10% for depreciation among all 1998 Sedans. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 1998 Toyota Corolla is in the top 10% for depreciation among all 1998 Sedans. Over the last 3 years it retained 86% of its value.

A 1998 Toyota Corolla has depreciated an average of about $77 per year for the last 3 years. It has dropped a total of $233 in value in that time and has a current resale value of $1,390 and a trade-in value of $629. Generally the 1998 Toyota Corolla is in the top 10% for depreciation among all 1998 Sedans.

A 1998 Toyota Corolla has depreciated 14% in the last 3 years and has a resale value of $1,390. Overall, the 1998 Toyota Corolla is in the top 10% for depreciation among all 1998 Sedans.

A 1998 Toyota Corolla has depreciated 14% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.

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