Dodge Challenger Depreciation

A Dodge Challenger will depreciate 40% after 5 years and have a 5 year resale value of $29,387.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $49,274 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $12,974 73.67% $36,300 13,500 2021
2 $13,797 72.00% $35,477 27,000 2022
3 $15,413 68.72% $33,861 40,500 2023
4 $16,260 67.00% $33,014 54,000 2024
5 $19,887 59.64% $29,387 67,500 2025
6 $24,213 50.86% $25,061 81,000 2026
7 $26,746 45.72% $22,528 94,500 2027
8 $28,436 42.29% $20,838 108,000 2028
9 $29,998 39.12% $19,276 121,500 2029
10 $31,444 36.19% $17,830 135,000 2030

Dodge Challenger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $12,974 73.67% $36,300
2 $13,797 72.00% $35,477
3 $15,413 68.72% $33,861
4 $16,260 67.00% $33,014
5 $19,887 59.64% $29,387
6 $24,213 50.86% $25,061
7 $26,746 45.72% $22,528
8 $28,436 42.29% $20,838
9 $29,998 39.12% $19,276
10 $31,444 36.19% $17,830

Dodge Challenger Depreciation Calculator

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If you purchase a used Dodge Challenger that is 2 years old, then you could save $13,797 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 $6,090. 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.

The Best Model Years to Buy a Dodge Challenger

The 2019 Dodge Challenger is our top pick for the best model year value for the Challenger. With the 2019, you would only pay, on average, 74% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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
2020 $49,274 $49,274 $309 $0 0% 100% Good
2019 $45,591 $33,939 $351 $15,335 31.12% 73.67% Best
2018 $42,360 $30,499 $430 $3,440 10.14% 72% Better
2017 $42,230 $29,573 $551 $926 3.04% 68.72% Better
2016 $42,133 $28,229 $630 $1,344 4.54% 67%
2015 $42,077 $25,885 $790 $2,344 8.3% 59.64%
2014 $34,963 $18,866 $1,083 $7,019 27.12% 50.86% Good
2013 $34,623 $17,052 $1,222 $1,814 9.62% 45.72%
2012 $34,089 $17,094 $1,314 +$42 -0.25% 46.29%
2011 $33,097 $15,774 $1,497 $1,320 7.72% 43.14%
2010 $31,561 $13,256 $1,537 $2,518 15.96% 42%
2009 $35,150 $14,412 $1,757 +$1,156 -8.72% 41%
2008 $41,255 $16,502 $2,069 +$2,090 -14.5% 40%
Year Price % Paid Value Rank
2020 $49,274 100% Good
2019 $33,939 73.67% Best
2018 $30,499 72% Better
2017 $29,573 68.72% Better
2016 $28,229 67%
2015 $25,885 59.64%
2014 $18,866 50.86% Good
2013 $17,052 45.72%
2012 $17,094 46.29%
2011 $15,774 43.14%
2010 $13,256 42%
2009 $14,412 41%
2008 $16,502 40%

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: