Dodge Charger Depreciation

A Dodge Charger will depreciate 58% after 5 years and have a 5 year resale value of $16,109.

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, 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 $8,594 77.71% $29,963 13,500 2021
2 $10,087 73.84% $28,470 27,000 2022
3 $15,253 60.44% $23,304 40,500 2023
4 $18,315 52.50% $20,242 54,000 2024
5 $22,448 41.78% $16,109 67,500 2025
6 $25,340 34.28% $13,217 81,000 2026
7 $26,458 31.38% $12,099 94,500 2027
8 $27,626 28.35% $10,931 108,000 2028
9 $28,856 25.16% $9,701 121,500 2029
10 $31,166 19.17% $7,391 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $8,594 77.71% $29,963
2 $10,087 73.84% $28,470
3 $15,253 60.44% $23,304
4 $18,315 52.50% $20,242
5 $22,448 41.78% $16,109
6 $25,340 34.28% $13,217
7 $26,458 31.38% $12,099
8 $27,626 28.35% $10,931
9 $28,856 25.16% $9,701
10 $31,166 19.17% $7,391

Dodge Charger Depreciation Calculator

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If you purchase a used Dodge Charger that is 2 years old, then you could save $10,087 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 $12,361. 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 2015 Dodge Charger is our top pick for the best model year value for the Charger. With the 2015, you would only pay, on average, 42% of the price as new, with 58% of the vehicle's useful life remaining. The 2014 and 2017 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 $28,387 $247 $10,170 26.38% 77.71% Good
2018 $34,208 $25,583 $324 $2,804 9.88% 73.84%
2017 $39,909 $24,562 $442 $1,021 3.99% 60.44% Better
2016 $39,406 $21,209 $519 $3,353 13.65% 52.5% Good
2015 $39,499 $17,177 $676 $4,032 19.01% 41.78% Best
2014 $36,029 $13,314 $962 $3,863 22.49% 34.28% Better
2013 $35,214 $12,149 $1,098 $1,165 8.75% 31.38%
2012 $35,120 $11,143 $1,188 $1,006 8.28% 28.35%
2011 $33,384 $9,768 $1,367 $1,375 12.34% 25.16%
2010 $27,703 $6,717 $1,407 $3,051 31.23% 19.17%
2009 $28,785 $6,702 $1,622 $15 0.22% 17.65%
2008 $28,854 $6,584 $1,927 $118 1.76% 16.14%
Year Price % Paid Value Rank
2020 $38,557 100%
2019 $28,387 77.71% Good
2018 $25,583 73.84%
2017 $24,562 60.44% Better
2016 $21,209 52.5% Good
2015 $17,177 41.78% Best
2014 $13,314 34.28% Better
2013 $12,149 31.38%
2012 $11,143 28.35%
2011 $9,768 25.16%
2010 $6,717 19.17%
2009 $6,702 17.65%
2008 $6,584 16.14%
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 April 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.