Chevrolet Camaro Depreciation

A Chevrolet Camaro will depreciate 17% after 5 years and have a 5 year resale value of $40,253.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $48,225 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Camaro.

Chevrolet Camaro Depreciation Calculator

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Chevrolet Camaro Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,909 89.82% $43,316 12,000 2022
2 $5,787 88.00% $42,438 24,000 2023
3 $6,751 86.00% $41,474 36,000 2024
4 $7,716 84.00% $40,509 48,000 2025
5 $7,972 83.47% $40,253 60,000 2026
6 $13,870 71.24% $34,355 72,000 2027
7 $16,560 65.66% $31,665 84,000 2028
8 $22,179 54.01% $26,046 96,000 2029
9 $24,778 48.62% $23,447 108,000 2030
10 $24,826 48.52% $23,399 120,000 2031

Chevrolet Camaro Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,909 89.82% $43,316
2 $5,787 88.00% $42,438
3 $6,751 86.00% $41,474
4 $7,716 84.00% $40,509
5 $7,972 83.47% $40,253
6 $13,870 71.24% $34,355
7 $16,560 65.66% $31,665
8 $22,179 54.01% $26,046
9 $24,778 48.62% $23,447
10 $24,826 48.52% $23,399

Buying a Chevrolet Camaro New vs Used

If you purchase a used Chevrolet Camaro that is 2 years old, then you could save $5,787 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $2,185. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Camaro models become available.

What About Chevrolet Camaro Insurance Costs?

The average cost to insure a Chevrolet Camaro is about $1,890 per year. This adds up to around $9,450 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Camaro. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Chevrolet Camaro

The 2021 Chevrolet Camaro is our top pick for the best model year value for the Camaro. With the 2021, you would only pay, on average, 90% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2019 model years are also attractive years for the Camaro, and provide a relatively good value. Our rankings consider multiple factors, including the Camaro's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Camaro models.

Chevrolet Camaro Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $48,225 $48,225 $273 $0 0% 100%
2021 $47,515 $42,991 $313 $5,234 10.85% 89.82% Best
2020 $38,637 $34,001 $376 $8,990 20.91% 88% Better
2019 $37,638 $32,369 $477 $1,632 4.8% 86% Better
2018 $36,769 $30,886 $561 $1,483 4.58% 84%
2017 $36,593 $31,237 $693 +$351 -1.14% 83.47%
2016 $39,426 $29,048 $960 $2,189 7.01% 71.24% Good
2015 $33,045 $22,763 $1,066 $6,285 21.64% 65.66%
2014 $36,972 $21,134 $1,165 $1,629 7.16% 54.01% Good
2013 $38,616 $20,089 $1,312 $1,045 4.94% 48.62%
2012 $35,914 $18,756 $1,331 $1,333 6.64% 48.52%
2011 $32,665 $15,679 $1,488 $3,077 16.41% 48%
2010 $31,881 $14,984 $1,716 $695 4.43% 47%
Year Price % Paid Value Rank
2022 $48,225 100%
2021 $42,991 89.82% Best
2020 $34,001 88% Better
2019 $32,369 86% Better
2018 $30,886 84%
2017 $31,237 83.47%
2016 $29,048 71.24% Good
2015 $22,763 65.66%
2014 $21,134 54.01% Good
2013 $20,089 48.62%
2012 $18,756 48.52%
2011 $15,679 48%
2010 $14,984 47%

Chevrolet Camaro Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Camaro ranks for Depreciation compared to other vehicles. Also check out how the Camaro stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Camaro Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Camaro costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: