Kelley Blue Book


HomeMitsubishiMitsubishi Montero2004 Mitsubishi Montero
Depreciation

2004 Mitsubishi Montero Depreciation

Save this car
Write a Review

Own This Car?

2004 Mitsubishi Montero

A 2004 Mitsubishi Montero has depreciated $322 or 8% in the last 3 years and has a current resale value of $3,635 and trade-in value of $1,785.

A 2004 Mitsubishi Montero has depreciated $322 or 8% in the last 3 years and has a current resale value of $3,635 and trade-in value of $1,785.

Average Loss of Value

The 2004 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 2004 SUVs.

Historical
historical solid line
Forecast
forecast dash line
2004 Mitsubishi Montero
Add Vehicle
Add Vehicle

2004 Mitsubishi Montero Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
$181
$3,957
$2,332
2023
$57
$3,900
$2,112
2024
$163
$3,737
$1,906
Now
$102
$3,635
$1,785
Lock Icon

Unlock Forecast

2-Year Forecasted Depreciation

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

2004 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.


Is this information helpful?
Learn More About 2004 Mitsubishi Montero Depreciation

Recommended for Sale Near You

The following vehicles were selected for their clean titles, minimal accident history, and fewer previous owners to maximize long-term value and reduce depreciation.

See More for Sale Near You

Managing 2004 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 2004 Mitsubishi Montero depreciated about 8% over the last three years. Generally the 2004 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 2004 SUVs. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 2004 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 2004 SUVs. Over the last 3 years it retained 92% of its value.

A 2004 Mitsubishi Montero has depreciated an average of about $107 per year for the last 3 years. It has dropped a total of $322 in value in that time and has a current resale value of $3,635 and a trade-in value of $1,785. Generally the 2004 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 2004 SUVs.

A 2004 Mitsubishi Montero has depreciated 8% in the last 3 years and has a resale value of $3,635. Overall, the 2004 Mitsubishi Montero is in the 25-75% percentile for depreciation among all 2004 SUVs.

A 2004 Mitsubishi Montero has depreciated 8% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.

Also from Mitsubishi

  • 2004 Mitsubishi Diamante
  • 2004 Mitsubishi Eclipse
  • 2004 Mitsubishi Endeavor
  • 2004 Mitsubishi Galant
  • 2004 Mitsubishi Lancer
  • 2004 Mitsubishi Montero Sport
  • 2004 Mitsubishi Outlander
Advertisement