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The 2024 Mazda CX-30 is an appealing choice in the subcompact SUV market.
Estimated Resale Value Overview
The resale value of a vehicle can depend on various factors, including market demand, vehicle reliability, and overall brand reputation. The 2024 Mazda CX-30 is expected to experience a solid resale value, thanks to its stylish design, reliable performance, and Mazda’s strong brand appeal.
Factors Influencing Resale Value
- Brand Recognition: Mazda is well-known for producing reliable vehicles.
- Vehicle Condition: The better the condition, the higher the resale value.
- Mileage: Lower mileage typically increases a car’s resale value.
- Market Trends: Demand for subcompact SUVs is rising.
- Features and Options: Advanced safety features can boost value.
Estimated Resale Value Statistics
| Year | Average Resale Value | Depreciation Rate |
|---|---|---|
| 2024 | $24,000 | 15% |
| 2025 | $20,400 | 15% |
| 2026 | $17,340 | 15% |
| 2027 | $14,700 | 15% |
| 2028 | $12,500 | 15% |
Market Comparison
Comparing the CX-30 with its competitors can give insights into resale values:
- Toyota C-HR: Resale value similar, good reputation.
- Honda HR-V: Generally higher resale but depends on trim.
- Suzuki Vitara: Lower resale value due to brand perception.
Mind Map of Resale Factors
Factors affecting the resale value of the Mazda CX-30 include:
- Brand Reputation
- Reliability
- Customer Loyalty
- Market Trends
- Demand for SUVs
- Gas Prices
- Vehicle Quality
- Maintenance History
- Accident History
- Location
- Urban vs. Rural Demand
- Regional Preferences
Conclusion
Overall, the 2024 Mazda CX-30 is expected to maintain a healthy resale value due to its combination of brand strength, vehicle condition, and market factors. Regular maintenance and a favorable market environment will further support its depreciating value.
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