Dodge Challenger Depreciation

A Dodge Challenger will depreciate 40% after 5 years and have a 5 year resale value of $30,670.

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 $51,116 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 Dodge Challenger.

Dodge Challenger Depreciation Calculator

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Dodge Challenger Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $13,929 72.75% $37,187 12,000 2022
2 $16,940 66.86% $34,176 24,000 2023
3 $17,891 65.00% $33,225 36,000 2024
4 $19,373 62.10% $31,743 48,000 2025
5 $20,446 60.00% $30,670 60,000 2026
6 $23,043 54.92% $28,073 72,000 2027
7 $28,063 45.10% $23,053 84,000 2028
8 $28,804 43.65% $22,312 96,000 2029
9 $30,562 40.21% $20,554 108,000 2030
10 $31,181 39.00% $19,935 120,000 2031

Dodge Challenger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $13,929 72.75% $37,187
2 $16,940 66.86% $34,176
3 $17,891 65.00% $33,225
4 $19,373 62.10% $31,743
5 $20,446 60.00% $30,670
6 $23,043 54.92% $28,073
7 $28,063 45.10% $23,053
8 $28,804 43.65% $22,312
9 $30,562 40.21% $20,554
10 $31,181 39.00% $19,935

Buying a Dodge Challenger New vs Used

If you purchase a used Dodge Challenger that is 2 years old, then you could save $16,940 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 $3,506. 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 Challenger models become available.

What About Dodge Challenger Insurance Costs?

The average cost to insure a Dodge Challenger is about $1,438 per year. This adds up to around $7,190 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 Dodge Challenger. 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 Dodge Challenger

The 2020 Dodge Challenger is our top pick for the best model year value for the Challenger. With the 2020, you would only pay, on average, 73% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 model years are also attractive years for the Challenger, and provide a relatively good value. Our rankings consider multiple factors, including the Challenger'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 Dodge Challenger models.

Dodge Challenger Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $51,116 $51,116 $313 $0 0% 100%
2020 $49,274 $36,209 $360 $14,907 29.16% 72.75% Best
2019 $45,591 $30,919 $435 $5,290 14.61% 66.86% Better
2018 $42,360 $27,534 $555 $3,385 10.95% 65% Better
2017 $42,230 $26,879 $655 $655 2.38% 62.1% Good
2016 $42,133 $25,280 $811 $1,599 5.95% 60%
2015 $42,077 $24,238 $1,129 $1,042 4.12% 54.92%
2014 $34,963 $17,026 $1,256 $7,212 29.75% 45.1% Good
2013 $34,623 $16,488 $1,374 $538 3.16% 43.65%
2012 $34,089 $15,256 $1,548 $1,232 7.47% 40.21%
2011 $33,097 $12,908 $1,571 $2,348 15.39% 39%
2010 $31,561 $11,993 $1,758 $915 7.09% 38%
2009 $35,150 $13,006 $2,029 +$1,013 -8.45% 37%
Year Price % Paid Value Rank
2021 $51,116 100%
2020 $36,209 72.75% Best
2019 $30,919 66.86% Better
2018 $27,534 65% Better
2017 $26,879 62.1% Good
2016 $25,280 60%
2015 $24,238 54.92%
2014 $17,026 45.1% Good
2013 $16,488 43.65%
2012 $15,256 40.21%
2011 $12,908 39%
2010 $11,993 38%
2009 $13,006 37%

Dodge Challenger Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Dodge Challenger Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Dodge Challenger 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: