Dodge Charger Depreciation

A Dodge Charger will depreciate 56% after 5 years and have a 5 year resale value of $17,100.

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, and assumes a purchase price of $38,557 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,443 75.51% $29,114 13,500 2021
2 $10,025 74.00% $28,532 27,000 2022
3 $11,128 71.14% $27,429 40,500 2023
4 $16,657 56.80% $21,900 54,000 2024
5 $21,457 44.35% $17,100 67,500 2025
6 $24,214 37.20% $14,343 81,000 2026
7 $25,637 33.51% $12,920 94,500 2027
8 $27,260 29.30% $11,297 108,000 2028
9 $27,426 28.87% $11,131 121,500 2029
10 $30,614 20.60% $7,943 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $9,443 75.51% $29,114
2 $10,025 74.00% $28,532
3 $11,128 71.14% $27,429
4 $16,657 56.80% $21,900
5 $21,457 44.35% $17,100
6 $24,214 37.20% $14,343
7 $25,637 33.51% $12,920
8 $27,260 29.30% $11,297
9 $27,426 28.87% $11,131
10 $30,614 20.60% $7,943

Dodge Charger Depreciation Calculator

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If you purchase a used Dodge Charger that is 2 years old, then you could save $10,025 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 $11,432. 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, 76% 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 $206 $0 0% 100%
2019 $36,212 $27,592 $247 $10,965 28.44% 75.51% Best
2018 $34,208 $25,314 $324 $2,278 8.26% 74%
2017 $39,909 $28,832 $442 +$3,518 -13.9% 71.14%
2016 $39,406 $22,903 $519 $5,929 20.56% 56.8% Good
2015 $39,499 $18,195 $676 $4,708 20.56% 44.35% Better
2014 $36,029 $14,365 $962 $3,830 21.05% 37.2% Better
2013 $35,214 $12,899 $1,098 $1,466 10.21% 33.51% Good
2012 $35,120 $11,478 $1,188 $1,421 11.02% 29.3%
2011 $33,384 $11,005 $1,367 $473 4.12% 28.87%
2010 $27,703 $7,114 $1,407 $3,891 35.36% 20.6%
2009 $28,785 $6,975 $1,622 $139 1.95% 18.6%
2008 $28,854 $6,952 $1,927 $23 0.33% 17.42%
Year Price % Paid Value Rank
2020 $38,557 100%
2019 $27,592 75.51% Best
2018 $25,314 74%
2017 $28,832 71.14%
2016 $22,903 56.8% Good
2015 $18,195 44.35% Better
2014 $14,365 37.2% Better
2013 $12,899 33.51% Good
2012 $11,478 29.3%
2011 $11,005 28.87%
2010 $7,114 20.6%
2009 $6,975 18.6%
2008 $6,952 17.42%
Our Favorite Dodge Charger Photo

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.