Dodge Charger Depreciation

A Dodge Charger will depreciate 45% after 5 years and have a 5 year resale value of $21,669.

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 $39,730 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 Calculator

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Annual Miles

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,996 82.39% $32,734 12,000 2022
2 $10,862 72.66% $28,868 24,000 2023
3 $11,522 71.00% $28,208 36,000 2024
4 $13,198 66.78% $26,532 48,000 2025
5 $18,061 54.54% $21,669 60,000 2026
6 $22,209 44.10% $17,521 72,000 2027
7 $25,125 36.76% $14,605 84,000 2028
8 $26,492 33.32% $13,238 96,000 2029
9 $28,137 29.18% $11,593 108,000 2030
10 $28,288 28.80% $11,442 120,000 2031

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,996 82.39% $32,734
2 $10,862 72.66% $28,868
3 $11,522 71.00% $28,208
4 $13,198 66.78% $26,532
5 $18,061 54.54% $21,669
6 $22,209 44.10% $17,521
7 $25,125 36.76% $14,605
8 $26,492 33.32% $13,238
9 $28,137 29.18% $11,593
10 $28,288 28.80% $11,442

Buying a Dodge Charger New vs Used

If you purchase a used Dodge Charger that is 2 years old, then you could save $10,862 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 $7,199. 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, 73% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2015 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
2021 $39,730 $39,730 $285 $0 0% 100%
2020 $38,557 $32,093 $326 $7,637 19.22% 82.39% Better
2019 $36,212 $26,715 $404 $5,378 16.76% 72.66% Best
2018 $34,208 $24,288 $521 $2,427 9.08% 71%
2017 $39,909 $27,249 $599 +$2,961 -12.19% 66.78%
2016 $39,406 $22,250 $756 $4,999 18.35% 54.54% Good
2015 $39,499 $18,461 $1,042 $3,789 17.03% 44.1% Better
2014 $36,029 $14,421 $1,178 $4,040 21.88% 36.76% Good
2013 $35,214 $13,000 $1,268 $1,421 9.85% 33.32%
2012 $35,120 $11,696 $1,447 $1,304 10.03% 29.18%
2011 $33,384 $11,099 $1,486 $597 5.1% 28.8%
2010 $27,703 $7,221 $1,701 $3,878 34.94% 19.93%
2009 $28,785 $7,165 $2,007 $56 0.78% 17.92%
Year Price % Paid Value Rank
2021 $39,730 100%
2020 $32,093 82.39% Better
2019 $26,715 72.66% Best
2018 $24,288 71%
2017 $27,249 66.78%
2016 $22,250 54.54% Good
2015 $18,461 44.1% Better
2014 $14,421 36.76% Good
2013 $13,000 33.32%
2012 $11,696 29.18%
2011 $11,099 28.8%
2010 $7,221 19.93%
2009 $7,165 17.92%

Dodge Charger Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Dodge Charger ranks for Depreciation compared to other vehicles. Also check out how the Charger stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Dodge Charger 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 Charger 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: