Dodge Charger Depreciation

A Dodge Charger will depreciate 48% after 5 years and have a 5 year resale value of $20,675.

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

Current Vehicle Age
Current Price
Own it For
Annual Miles

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,255 81.74% $32,475 12,000 2022
2 $12,424 68.73% $27,306 24,000 2023
3 $13,111 67.00% $26,619 36,000 2024
4 $13,711 65.49% $26,019 48,000 2025
5 $19,055 52.04% $20,675 60,000 2026
6 $23,198 41.61% $16,532 72,000 2027
7 $26,111 34.28% $13,619 84,000 2028
8 $26,397 33.56% $13,333 96,000 2029
9 $29,448 25.88% $10,282 108,000 2030
10 $29,797 25.00% $9,933 120,000 2031

Dodge Charger Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,255 81.74% $32,475
2 $12,424 68.73% $27,306
3 $13,111 67.00% $26,619
4 $13,711 65.49% $26,019
5 $19,055 52.04% $20,675
6 $23,198 41.61% $16,532
7 $26,111 34.28% $13,619
8 $26,397 33.56% $13,333
9 $29,448 25.88% $10,282
10 $29,797 25.00% $9,933

Buying a Dodge Charger New vs Used

If you purchase a used Dodge Charger that is 2 years old, then you could save $12,424 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 $6,631. 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.

What About Dodge Charger Insurance Costs?

The average cost to insure a Dodge Charger is about $1,451 per year. This adds up to around $7,255 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 Charger. 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 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, 69% 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 $279 $0 0% 100%
2020 $38,557 $31,839 $323 $7,891 19.86% 81.74% Better
2019 $36,212 $25,283 $394 $6,556 20.59% 68.73% Best
2018 $34,208 $22,919 $508 $2,364 9.35% 67%
2017 $39,909 $26,740 $602 +$3,821 -16.67% 65.49%
2016 $39,406 $21,256 $750 $5,484 20.51% 52.04% Good
2015 $39,499 $17,485 $1,051 $3,771 17.74% 41.61% Better
2014 $36,029 $13,523 $1,171 $3,962 22.66% 34.28% Good
2013 $35,214 $13,101 $1,283 $422 3.12% 33.56%
2012 $35,120 $10,538 $1,448 $2,563 19.56% 25.88%
2011 $33,384 $8,346 $1,469 $2,192 20.8% 25%
2010 $27,703 $6,032 $1,646 $2,314 27.73% 15.83%
2009 $28,785 $4,606 $1,903 $1,426 23.64% 16%
Year Price % Paid Value Rank
2021 $39,730 100%
2020 $31,839 81.74% Better
2019 $25,283 68.73% Best
2018 $22,919 67%
2017 $26,740 65.49%
2016 $21,256 52.04% Good
2015 $17,485 41.61% Better
2014 $13,523 34.28% Good
2013 $13,101 33.56%
2012 $10,538 25.88%
2011 $8,346 25%
2010 $6,032 15.83%
2009 $4,606 16%

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: