Dodge Charger Depreciation

A Dodge Charger will depreciate 56% after 5 years and have a 5 year resale value of $17,027.

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 $38,557 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 Charger.

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,524 75.30% $29,033 13,500 2021
2 $10,410 73.00% $28,147 27,000 2022
3 $11,205 70.94% $27,352 40,500 2023
4 $16,730 56.61% $21,827 54,000 2024
5 $21,530 44.16% $17,027 67,500 2025
6 $24,299 36.98% $14,258 81,000 2026
7 $25,721 33.29% $12,836 94,500 2027
8 $27,345 29.08% $11,212 108,000 2028
9 $27,514 28.64% $11,043 121,500 2029
10 $30,722 20.32% $7,835 135,000 2030

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,524 75.30% $29,033
2 $10,410 73.00% $28,147
3 $11,205 70.94% $27,352
4 $16,730 56.61% $21,827
5 $21,530 44.16% $17,027
6 $24,299 36.98% $14,258
7 $25,721 33.29% $12,836
8 $27,345 29.08% $11,212
9 $27,514 28.64% $11,043
10 $30,722 20.32% $7,835

Dodge Charger Depreciation Calculator

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If you purchase a used Dodge Charger that is 2 years old, then you could save $10,410 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 $11,120. 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 Charger models become available.

The Best Model Years to Buy a Dodge Charger

The 2019 Dodge Charger is our top pick for the best model year value for the Charger. With the 2019, you would only pay, on average, 75% of the price as new, with 92% of the vehicle's useful life remaining. The 2015 and 2014 model years are also attractive years for the Charger, and provide a relatively good value. Our rankings consider multiple factors, including the Charger'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 Charger models.

Dodge Charger Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $38,557 $38,557 $283 $0 0% 100%
2019 $36,212 $27,592 $324 $10,965 28.44% 75.3% Best
2018 $34,208 $24,972 $401 $2,620 9.5% 73%
2017 $39,909 $28,832 $519 +$3,860 -15.46% 70.94%
2016 $39,406 $22,903 $597 $5,929 20.56% 56.61% Good
2015 $39,499 $18,195 $753 $4,708 20.56% 44.16% Better
2014 $36,029 $14,365 $1,040 $3,830 21.05% 36.98% Better
2013 $35,214 $12,899 $1,175 $1,466 10.21% 33.29% Good
2012 $35,120 $11,478 $1,265 $1,421 11.02% 29.08%
2011 $33,384 $11,005 $1,445 $473 4.12% 28.64%
2010 $27,703 $7,114 $1,484 $3,891 35.36% 20.32%
2009 $28,785 $6,975 $1,699 $139 1.95% 18.33%
2008 $28,854 $6,952 $2,004 $23 0.33% 17.15%
Year Price % Paid Value Rank
2020 $38,557 100%
2019 $27,592 75.3% Best
2018 $24,972 73%
2017 $28,832 70.94%
2016 $22,903 56.61% Good
2015 $18,195 44.16% Better
2014 $14,365 36.98% Better
2013 $12,899 33.29% Good
2012 $11,478 29.08%
2011 $11,005 28.64%
2010 $7,114 20.32%
2009 $6,975 18.33%
2008 $6,952 17.15%

Considering financing? Try our Dodge Charger Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down.

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About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.