Mazda and Toyota are both Japanese multinational automakers. Toyota is the largest automobile manufacturer in the world and has a world market share of 8.5 percent. Whereas, Mazda is the 22nd largest automaker and produces more than one million vehicles per year.
Mazda and Toyota have manufacturing facilities all around the globe. Mazda vs Toyota depreciation has been an ongoing debate in the automotive circle for a long time. In this article, you will get to know the resale value comparison of both car brands. I will also compare the depreciation of famous models by Mazda and Toyota.
Mazda vs. Toyota- a General Resale Value Comparison
Both car brands depreciate at an almost equal rate for the first five years, but after that period Toyota cars have a better resale value than cars from Mazda.
Toyota produces some of the most reliable cars in the world, and its cars hold their value incredibly well even in the second half of their lifespan. Mazda starts very strong and matches the performance of Toyota for the first five years, but ultimately Toyota takes the lead in the long run.
The average depreciation of Mazda and Toyota car brands can be seen in the below table.
| Vehicle Age | Mazda Depreciation | Toyota Depreciation |
| 1 | 81% | 81% |
| 2 | 76% | 75% |
| 3 | 70% | 69% |
| 4 | 64% | 65% |
| 5 | 56% | 58% |
| 6 | 46% | 52% |
| 7 | 43% | 47% |
| 8 | 37% | 41% |
| 9 | 32% | 38% |
| 10 | 29% | 36% |
| 11 | 27% | 32% |
| 12 | 23% | 27% |
The below graph shows the Mazda vs Toyota year-to-year average depreciation. As it can be seen that during the first few years both lines are very close to each other meaning both car brands have a similar performance during that period.
The orange line representing Toyota separates itself in the second half, and therefore Toyota has an overall better performance when it comes to value retention.
Now let’s compare famous Mazda and Toyota car models side by side and see which car model outperforms the other.
Also read: Mazda vs. Hyundai (Depreciation Compared!)
Mazda CX-5 vs. Toyota RAV-4
Toyota RAV-4 has a better resale value than Mazda CX-5 for the both short and long term. The RAV-4 is a clear winner in this comparison, and the CX-5 does not even come close.
Both car models fall under the category of crossover compact SUVs. Toyota RAV-4 is among the best-selling SUVs of any type in the world, and also comes in a fuel-saving hybrid version. Below is the table showing the depreciation and residual value of Mazda CX-5 and Toyota RAV-4.
| Vehicle Age | Mazda CX-5 Depreciation | Mazda CX-5 Residual Value | Toyota RAV-4 Depreciation | Toyota RAV-4 Residual Value |
| 1 | 78% | $24,413 | 84% | $25,504 |
| 2 | 76% | $23,728 | 83% | $25,094 |
| 3 | 65% | $20,405 | 75% | $22,755 |
| 4 | 63% | $19,792 | 67% | $20,307 |
| 5 | 55% | $17,244 | 60% | $18,203 |
| 6 | 45% | $14,209 | 53% | $16,116 |
| 7 | 41% | $12,745 | 49% | $14,831 |
| 8 | 37% | $11,465 | 45% | $13,753 |
| 9 | 25% | $7,929 | 37% | $11,229 |
| 10 | 23% | $7,219 | 34% | $10,436 |
Toyota RAV-4 only depreciates 17 percent after two years, which is unreal for a car in this category. Whereas the Mazda CX-5 depreciates 24 percent during the same time.
The below graph compares the residual value of both car models against their age.
The initial selling price of the Mazda CX-5 is $31,291 and it retains 55 percent of its value after five years. Whereas the initial selling price of the Toyota RAAV-4 is $30,373 and it retains an impressive 60 percent of the value after five years.
Mazda CX-9 vs. Toyota Highlander
Toyota Highlander depreciates at a much slower rate than Mazda CX-9 and better holds its value. In the second half, the difference becomes more significant and it even exceeds 15 percent in the sixth and seventh years
Both cars are good to compare as they belong to the same category of midsize crossover SUVs. Both Mazda CX-9 and Toyota Highlander are the largest SUVs produced by their respective company.
Following is the table showing the depreciation trend of Mazda CX-9 and Toyota Highlander.
| Vehicle Age | Mazda CX-9 Depreciation | Mazda CX-9 Residual Value | Toyota Highlander Depreciation | Toyota Highlander Residual Value |
| 1 | 78% | $33,507 | 82% | $34,745 |
| 2 | 68% | $29,389 | 77% | $32,706 |
| 3 | 66% | $28,462 | 72% | $30,383 |
| 4 | 61% | $26,323 | 71% | $30,069 |
| 5 | 56% | $24,249 | 65% | $27,543 |
| 6 | 38% | $16,447 | 56% | $23,936 |
| 7 | 34% | $14,485 | 51% | $21,596 |
| 8 | 33% | $14,321 | 42% | $18,002 |
| 9 | 25% | $10,928 | 38% | $16,124 |
| 10 | 23% | $9,949 | 36% | $15,264 |
Mazda CX-9 starts very close to the Toyota Highlander, but loses its momentum after the initial years. After five years of operation, Mazda CX-9 depreciates 44 percent and Toyota Highlander only depreciates 35 percent. The initial selling price of the Mazda CX-9 is $43,124 and Toyota Highlander is a bit cheap and comes with a price tag of $42,387.
The below graph compares the residual value of both car models against their age.
Also read: Mazda vs. Subaru (Depreciation Compared!)
Mazda 3 vs. Toyota Corolla
During the first three years, Mazda 3 has better resale value than Toyota Corolla. For the fourth year, they have the same resale value, and after that Toyota Corolla beats Mazda 3 in terms of value retention.
Both of these cars have a similar initial selling price and belong to the same category of compact cars. Toyota Corolla is the best-selling nameplate in the world, and it is in production since 1966. Mazda 3 is also very popular, and it is Mazda’s fastest-selling vehicle.
Mazda 3 holds its value very well for the first three years, but Toyota Corolla takes the lead after that and maintains it till the end of its lifespan.
| Vehicle Age | Mazda 3 Depreciation | Mazda 3 Residual Value | Toyota Corolla Depreciation | Toyota Corolla Residual Value |
| 1 | 84% | $18,724 | 75% | $16,825 |
| 2 | 77% | $17,280 | 73% | $16,352 |
| 3 | 75% | $16,638 | 68% | $15,126 |
| 4 | 62% | $13,781 | 62% | $13,991 |
| 5 | 52% | $11,568 | 62% | $13,937 |
| 6 | 48% | $10,772 | 54% | $12,044 |
| 7 | 48% | $10,622 | 52% | $11,673 |
| 8 | 35% | $7,800 | 45% | $9,997 |
| 9 | 32% | $7,178 | 42% | $9,327 |
| 10 | 25% | $5,597 | 41% | $9,253 |
The initial selling price of the Mazda 3 is $22,306 and it depreciates 48 percent after five years. Whereas the initial selling price of the Toyota Corolla is $22,400 and it holds an impressive 62 percent of its value after five years.
The below graph compares the residual value of both car models against their age.
Mazda 6 vs. Toyota Camry
Mazda 6 has a better resale value during the first half of the lifespan. For the second half, Toyota Camry depreciates at a slower rate and has a better resale value.
Both of these car models belong to the category of midsize cars and have a sitting capacity of five people. Mazda 6 which is also known as Mazda Atenza in some markets holds its value incredibly well for the first five years and beats Toyota Camry during that period.
Toyota Camry makes a strong comeback in the second half and better holds its value after five years of operation.
| Vehicle Age | Mazda 6 Depreciation | Mazda 6 Residual Value | Toyota Camry Depreciation | Toyota Camry Residual Value |
| 1 | 84% | $22,769 | 80% | $22,626 |
| 2 | 79% | $21,509 | 73% | $20,460 |
| 3 | 72% | $19,522 | 66% | $18,662 |
| 4 | 63% | $17,039 | 61% | $17,109 |
| 5 | 52% | $14,132 | 51% | $14,291 |
| 6 | 46% | $12,583 | 48% | $13,430 |
| 7 | 40% | $10,928 | 43% | $11,961 |
| 8 | 28% | $7,654 | 36% | $10,088 |
| 9 | 25% | $6,749 | 35% | $9,846 |
| 10 | 23% | $6,317 | 27% | $7,612 |
The initial selling price of the Mazda 6 is $27,171 and it depreciates 48 percent after five years. Whereas, the initial selling price of the Toyota Camry is $28,131and it depreciates 49 percent after five years.
The below graph compares the residual value of both car models against their age.
Also read: Honda vs. Toyota- Resale Value (1-10 Years)
Mazda CX-3 vs. Toyota CH-R
Mazda CX-3 and Toyota CH-R depreciate at a similar rate for the five years. Toyota CH-R takes the lead in the second half and has a better resale value in that period.
Both of these car models fall under the category of subcompact crossover SUVs. They were introduced in 2016 and directly competes against each other. Both cars start very strong and have similar value retention in the first half.
But Mazda CX-3 performs poorly during the second half and depreciates quickly in that period. For example, in the sixth year alone, it depreciates around 19 percent and Toyota C-HR only depreciates 6 percent during that year.
| Vehicle Age | Mazda CX-3 Depreciation | Mazda CX-3 Residual Value | Toyota C-HR Depreciation | Toyota C-HR Residual Value |
| 1 | 77% | $17,628 | 81% | $20,385 |
| 2 | 76% | $17,411 | 75% | $18,930 |
| 3 | 69% | $15,985 | 70% | $17,697 |
| 4 | 68% | $15,642 | 66% | $16,638 |
| 5 | 61% | $14,092 | 60% | $15,082 |
| 6 | 42% | $9,623 | 54% | $13,589 |
| 7 | 37% | $8,561 | 49% | $12,280 |
| 8 | 35% | $8,045 | 42% | $10,583 |
| 9 | 25% | $5,838 | 38% | $9,527 |
| 10 | 23% | $5,315 | 37% | $9,282 |
The initial selling price of the Mazda CX-3 is $23,073 and Toyota C-HR is a bit expensive and comes with a price tag of $25,216.
The below graph compares the residual value of both car models against their age.
Do Mazdas and Toyotas Hold Their Value Well Compared to Other Car Brands?
Yes, they hold their value very well when compared to other car brands. Both Mazda and Toyota consistently rank among the top 10 in the list of brands with the best resale value.
Toyota’s cars only depreciate 42 percent after 5 years, and Mazda cars depreciate around 44 percent during the same time. Whereas an average car depreciates 50 to 60 percent after 5 years of operation, so keeping this in mind both Mazda and Toyota perform way better than the average.
How to Slow Down Your Mazda and Honda Depreciation?
No one can stop the phenomenon of depreciation but it can be slowed down by taking the below-mentioned steps:
- If you don’t want to keep the car for a long time then never buy a brand-new Mazda or Toyota because they depreciate the most during the initial years.
- Always keep your car in good condition and never miss the maintenance after the recommended intervals.
- Try to buy a used Mazda or Toyota with minimum mileage on the meter because the more mileage the car has the less it will be worth.
- Maintain the full-service history of the car as it is a great way to reassure your buyer that the vehicle has been well maintained.
References:
en.wikipedia.org, edmunds.com, cars.usnews.com, motortrend.com, germainhondaofdublin.com, statista.com, mazda.com, global.toyota