Here’s how much a 2020 Mazda CX-3 depreciated in five years

The Mazda CX-3 lived a short life in the automaker’s American lineup. During the 2016 through 2021 model years, the subcompact crossover competed against rivals like the Subaru Crosstrek and Chevrolet Trax. Then internal competition emerged with the 2020 launch of the CX-30, which Jalopnik called a lower-budget Porsche Macan. This newer model became the automaker’s only entry-level SUV when the CX-3 was dropped for 2022.

Despite the CX-3 joining the annals of discontinued nameplates, you’ll still find examples for sale on the used car market. This is when depreciation becomes a buyer’s friend. In the case of a 2020 Mazda CX-3, buyers can expect a 38% to 40% loss in value from the original MSRP. That’s an average number compared to rivals in the category, including the Subaru Crosstrek and Hyundai Kona.

Looking at 5 year old cars can be a smart purchase for used car buyers. 2020 examples have typically depreciated enough to make them less than new, while still incorporating elements of modernity (infotainment and safety systems). We looked at data from iSeeCars And Kelley Blue Book (KBB) to see how the 2020 Mazda CX-3 fares. Of course, the 2020 model year was filled with many competitors in this category. That’s why we dug into the figures of the challengers from the same year, including the Ford EcoSport, but also the HR-V, Trax, Crosstrek and Kona. Where are the Toyota C-HR, Nissan Kicks and Kia Soul? They are not listed because these models were not available with all-wheel drive, which was available on the CX-3 and the others.

Data from iSeeCars shows that the 2020 CX-3 will have a depreciation rate of 38.1% over five years. From a cold, hard cash perspective, that means the original MSRP of $21,685 translates into a car worth $13,423 today. A real-world check on KBB shows dealer asking prices starting around $16,000 for accident-free examples with less than 80,000 miles. iSeeCars reports an average sales price of $18,450.

KBB’s five-year depreciation estimates for the 2020 CX-3 are even worse: 40.5%, or a residual value of $12,903 ($520 lower than iSeeCars). However, KBB goes a few steps further by predicting that the 2020 CX-3 will be worth $10,716 a year from now. In 2027, the value will drop to $10,095, although these figures may vary depending on your location.

Whatever standard you use, the CX-3 does not seem to lose value much worse than its big brother, the CX-5. Depreciation for a 2020 Mazda CX-5 in the US averages about 40% over half a decade for the 2020 model year.

Looking at the iSeeCars figures, the CX-3’s five-year depreciation rate of 38.1% puts it in the middle of the group. The Ford EcoSport has seen the biggest loss in value, falling by almost half (48.8%) in five years, leading to an average sales price of $15,419. Yet there are much worse vehicles with faster depreciation: the Cadillac Escalade plummets by 62.9%.

Not far behind the EcoSport is the Chevrolet Trax with a 47.3% depreciation drop and a typical market price of $15,072. The Hyundai Kona and its average retail price of $17,089 are closer to the CX-3, but still lose more over time: 42.2%.

The Honda HR-V and Subaru Crosstrek are the value retention champions with nearly identical depreciation rates of 33.9% (HR-V) and 33.6% (Crosstrek). Unsurprisingly, higher residual values ​​mean higher market prices for these models as used cars. iSeeCars says the average 2020 HR-V costs $19,787. It costs $21,665 for a 2020 Crosstrek.