Dodge Challenger Depreciation

A Dodge Challenger will depreciate 44% after 5 years and have a 5 year resale value of $28,428.

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 $12,994 74.58% $38,122 12,000 2022
2 $16,776 67.18% $34,340 24,000 2023
3 $17,891 65.00% $33,225 36,000 2024
4 $20,383 60.12% $30,733 48,000 2025
5 $22,688 55.61% $28,428 60,000 2026
6 $24,820 51.44% $26,296 72,000 2027
7 $25,880 49.37% $25,236 84,000 2028
8 $27,894 45.43% $23,222 96,000 2029
9 $28,937 43.39% $22,179 108,000 2030
10 $30,087 41.14% $21,029 120,000 2031

Dodge Challenger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $12,994 74.58% $38,122
2 $16,776 67.18% $34,340
3 $17,891 65.00% $33,225
4 $20,383 60.12% $30,733
5 $22,688 55.61% $28,428
6 $24,820 51.44% $26,296
7 $25,880 49.37% $25,236
8 $27,894 45.43% $23,222
9 $28,937 43.39% $22,179
10 $30,087 41.14% $21,029

Buying a Dodge Challenger New vs Used

If you purchase a used Dodge Challenger that is 2 years old, then you could save $16,776 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 $5,912. 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 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, 75% 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 $37,103 $355 $14,013 27.41% 74.58% Best
2019 $45,591 $31,063 $434 $6,040 16.28% 67.18% Better
2018 $42,360 $27,534 $554 $3,529 11.36% 65% Better
2017 $42,230 $28,233 $633 +$699 -2.54% 65.36% Good
2016 $42,133 $27,928 $794 $305 1.08% 64.4% Good
2015 $42,077 $25,297 $1,087 $2,631 9.42% 57.54%
2014 $34,963 $18,485 $1,225 $6,812 26.93% 49.37%
2013 $34,623 $17,048 $1,318 $1,437 7.77% 45.43%
2012 $34,089 $16,291 $1,501 $757 4.44% 43.39%
2011 $33,097 $15,156 $1,541 $1,135 6.97% 41.14%
2010 $31,561 $12,624 $1,761 $2,532 16.71% 40%
2009 $35,150 $13,709 $2,073 +$1,085 -8.59% 39%
Year Price % Paid Value Rank
2021 $51,116 100%
2020 $37,103 74.58% Best
2019 $31,063 67.18% Better
2018 $27,534 65% Better
2017 $28,233 65.36% Good
2016 $27,928 64.4% Good
2015 $25,297 57.54%
2014 $18,485 49.37%
2013 $17,048 45.43%
2012 $16,291 43.39%
2011 $15,156 41.14%
2010 $12,624 40%
2009 $13,709 39%

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: