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Depreciation

1996 Mitsubishi Montero Depreciation

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1996 Mitsubishi Montero

A 1996 Mitsubishi Montero has depreciated $390 or 15% in the last 3 years and has a current resale value of $2,197 and trade-in value of $1,236.

A 1996 Mitsubishi Montero has depreciated $390 or 15% in the last 3 years and has a current resale value of $2,197 and trade-in value of $1,236.

Average Loss of Value

The 1996 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 1996 SUVs.

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1996 Mitsubishi Montero
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1996 Mitsubishi Montero Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
+ $268
$2,587
$1,709
2023
$153
$2,434
$1,518
2024
$134
$2,300
$1,345
Now
$103
$2,197
$1,236
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2-Year Forecasted Depreciation

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

1996 Mitsubishi Montero 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 1996 Mitsubishi Montero 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 1996 Mitsubishi Montero depreciated about 15% over the last three years. Generally the 1996 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 1996 SUVs. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 1996 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 1996 SUVs. Over the last 3 years it retained 85% of its value.

A 1996 Mitsubishi Montero has depreciated an average of about $130 per year for the last 3 years. It has dropped a total of $390 in value in that time and has a current resale value of $2,197 and a trade-in value of $1,236. Generally the 1996 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 1996 SUVs.

A 1996 Mitsubishi Montero has depreciated 15% in the last 3 years and has a resale value of $2,197. Overall, the 1996 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 1996 SUVs.

A 1996 Mitsubishi Montero has depreciated 15% 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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