Depreciation & used values · Crossover SUV (EV)
Smart #3 depreciation
The Smart #3 loses about 50% of its value in its first three years. From a list price of £40,000, a 2024 example with around 15,500 miles on the clock is worth about £22,300 today. The year-by-year table below values every age of #3 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 #3 is worth, year by year
Each row values that year's #3 at its typical mileage (7,800 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 | £38,000 | £32,100–£43,900 | 95% |
| 2025 | 1 yr | 8,000 | £28,400 | £23,900–£32,900 | 75% |
| 2024 | 2 yrs | 15,500 | £22,300 | £18,650–£25,950 | 62% |
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 #3 profile →
The depreciation curve
Share of original value retained by age (to 2 years). The same curve drives the interactive chart on the profile.
#3 depreciation — quick answers
How much does a Smart #3 depreciate?
The Smart #3 loses about 50% of its value in the first three years. A 2024 example with around 15,500 miles is worth about £22,300 today.
What is a 2024 Smart #3 worth?
A 2024 Smart #3 at a typical 15,500 miles is worth about £22,300 — likely between £18,650 and £25,950 depending on condition and history.