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Dodge Challenger Depreciation

A Dodge Challenger will depreciate 29% after 5 years and have a 5 year resale value of $37,790.

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 $53,330 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 $6,389 88.02% $46,941 12,000 2022
2 $9,685 81.84% $43,645 24,000 2023
3 $11,503 78.43% $41,827 36,000 2024
4 $12,799 76.00% $40,531 48,000 2025
5 $15,540 70.86% $37,790 60,000 2026
6 $16,532 69.00% $36,798 72,000 2027
7 $19,631 63.19% $33,699 84,000 2028
8 $22,831 57.19% $30,499 96,000 2029
9 $26,622 50.08% $26,708 108,000 2030
10 $27,198 49.00% $26,132 120,000 2031

Dodge Challenger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,389 88.02% $46,941
2 $9,685 81.84% $43,645
3 $11,503 78.43% $41,827
4 $12,799 76.00% $40,531
5 $15,540 70.86% $37,790
6 $16,532 69.00% $36,798
7 $19,631 63.19% $33,699
8 $22,831 57.19% $30,499
9 $26,622 50.08% $26,708
10 $27,198 49.00% $26,132

Buying a Dodge Challenger New vs Used

If you purchase a used Dodge Challenger that is 2 years old, then you could save $9,685 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 $5,855. 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 $1,467 per year. This adds up to around $7,335 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 2021 Dodge Challenger is our top pick for the best model year value for the Challenger. With the 2021, you would only pay, on average, 88% 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 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
2022 $53,330 $53,330 $317 $0 0% 100%
2021 $52,398 $46,486 $364 $6,844 12.83% 88.02% Best
2020 $49,274 $40,766 $439 $5,720 12.3% 81.84% Better
2019 $45,591 $36,317 $559 $4,449 10.91% 78.43% Better
2018 $42,360 $32,194 $659 $4,123 11.35% 76% Good
2017 $42,230 $30,741 $816 $1,453 4.51% 70.86% Good
2016 $42,133 $29,072 $1,134 $1,669 5.43% 69%
2015 $42,077 $27,850 $1,260 $1,222 4.2% 63.19%
2014 $34,963 $21,374 $1,378 $6,476 23.25% 57.19%
2013 $34,623 $18,891 $1,553 $2,483 11.62% 50.08%
2012 $34,089 $16,704 $1,575 $2,187 11.58% 49%
2011 $33,097 $15,887 $1,762 $817 4.89% 48%
2010 $31,561 $14,834 $2,033 $1,053 6.63% 47%
Year Price % Paid Value Rank
2022 $53,330 100%
2021 $46,486 88.02% Best
2020 $40,766 81.84% Better
2019 $36,317 78.43% Better
2018 $32,194 76% Good
2017 $30,741 70.86% Good
2016 $29,072 69%
2015 $27,850 63.19%
2014 $21,374 57.19%
2013 $18,891 50.08%
2012 $16,704 49%
2011 $15,887 48%
2010 $14,834 47%

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: