Depreciation & used values · Crossover SUV (EV)
Smart #1 depreciation
The Smart #1 loses about 35% of its value in its first three years. From a list price of £42,000, a 2023 example with around 23,000 miles on the clock is worth about £19,100 today. The year-by-year table below values every age of #1 at its typical mileage, from the same model behind its full profile.
How this curve is built — the level is pinned to a researched used-market price for this model (AutoTrader median, 2023 at 30k miles). The curve shape itself is a segment-level model shared with similar cars, not a per-model measurement, so treat the year-on-year pattern as indicative and the anchored year as the firm point.
Value by registration year
What a used #1 is worth, year by year
Each row values that year's #1 at its typical mileage (7,726 miles a year). The headline is the midpoint of a private sale and a dealer forecourt price; the range reflects condition and history.
| Reg year | Age | Typical miles | Est. value | Likely range | Of new price |
|---|---|---|---|---|---|
| 2026 | <1 yr | 4,000 | £34,700 | £29,350–£40,100 | 83% |
| 2025 | 1 yr | 7,500 | £30,350 | £25,500–£35,150 | 76% |
| 2024 | 2 yrs | 15,500 | £24,000 | £20,100–£27,900 | 63% |
| 2023 | 3 yrs | 23,000 | £19,100 | £15,900–£22,300 | 53% |
Values are the Forecourt model's estimate at each age's typical mileage, not offers. For a specific mileage, trim and region, use the full #1 profile →
The depreciation curve
Share of original value retained by age (to 3 years). The same curve drives the interactive chart on the profile.
#1 depreciation — quick answers
How much does a Smart #1 depreciate?
The Smart #1 loses about 35% of its value in the first three years. A 2023 example with around 23,000 miles is worth about £19,100 today.
What is a 2023 Smart #1 worth?
A 2023 Smart #1 at a typical 23,000 miles is worth about £19,100 — likely between £15,900 and £22,300 depending on condition and history.