Mitsubishi Montero | Depreciation Rate & Curve

Mitsubishi Montero 5 Year Depreciation Rate

A 2006 Mitsubishi Montero has a forecasted 5 year depreciation rate of 8%.

In 5 years its value is expected to decrease approximately $484 from its current price of around $6,050 down to $5,566.

Mitsubishi Montero Depreciation
Make & Model	Mitsubishi Montero
Current Value	$6,050
Forecasted 5 Year Depreciation Rate	8%
Forecasted Value Lost In 5 Years	$484
Residual Value In 5 Years	$5,566

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The American average is 12,000 miles driven per year.

Below is a historical table for the Mitsubishi Montero that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2006	$36,159	83%	$30,109	$6,050
2005	$35,799	85%	$30,474	$5,325
2004	$34,999	88%	$30,974	$4,025
2003	$32,487	88%	$28,737	$3,750
2002	$33,842	90%	$30,604	$3,238
2001	$33,447	91%	$30,422	$3,025
2000	$31,807	85%	$27,182	$4,625
1999	$31,370	86%	$26,870	$4,500
1998	$33,530	87%	$29,130	$4,400
1997	$32,875	86%	$28,363	$4,512
1996	$29,360	85%	$25,035	$4,325
1995	$28,332	86%	$24,357	$3,975
1994	$25,050	84%	$21,150	$3,900
1993	$20,742	81%	$16,809	$3,933
1992	$20,192	81%	$16,359	$3,833
1991	$18,034	79%	$14,309	$3,725
1990	$16,364	78%	$12,752	$3,612
1989	$15,712	78%	$12,304	$3,408

Make / Models	Forecasted Depreciation	-
(Selected) 2006 Mitsubishi Montero	8%	Image Source Minimize Source By Xavigivax, CC BY-SA 3.0
2006 Honda CR-V	8% View Depreciation Graph	Image Source Minimize Source By User:Two hundred percent. - Own work, CC BY-SA 3.0
2006 Mazda Tribute	5% View Depreciation Graph	Image Source Minimize Source By Rudolf Stricker - Self-photographed, CC BY-SA 3.0
2006 Nissan Pathfinder	10% View Depreciation Graph	Image Source Minimize Source By EurovisionNim - Own work, CC BY-SA 4.0
2006 Nissan Xterra	9% View Depreciation Graph	Image Source Minimize Source By RL GNZLZ from Chile - Nissan XTerra SE 2.8 TD 2004, CC BY-SA 2.0
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