Dodge Durango Depreciation
A Dodge Durango will depreciate 41% after 5 years and have a 5 year resale value of $32,805.
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 $55,180 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 Durango.
Dodge Durango Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $13,122 | 76.22% | $42,058 | 12,000 | 2025 |
| 2 | $16,720 | 69.70% | $38,460 | 24,000 | 2026 |
| 3 | $19,324 | 64.98% | $35,856 | 36,000 | 2027 |
| 4 | $20,797 | 62.31% | $34,383 | 48,000 | 2028 |
| 5 | $22,375 | 59.45% | $32,805 | 60,000 | 2029 |
| 6 | $25,372 | 54.02% | $29,808 | 72,000 | 2030 |
| 7 | $27,292 | 50.54% | $27,888 | 84,000 | 2031 |
| 8 | $29,455 | 46.62% | $25,725 | 96,000 | 2032 |
| 9 | $30,984 | 43.85% | $24,196 | 108,000 | 2033 |
| 10 | $33,296 | 39.66% | $21,884 | 120,000 | 2034 |
Dodge Durango Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $13,122 | 76.22% | $42,058 |
| 2 | $16,720 | 69.70% | $38,460 |
| 3 | $19,324 | 64.98% | $35,856 |
| 4 | $20,797 | 62.31% | $34,383 |
| 5 | $22,375 | 59.45% | $32,805 |
| 6 | $25,372 | 54.02% | $29,808 |
| 7 | $27,292 | 50.54% | $27,888 |
| 8 | $29,455 | 46.62% | $25,725 |
| 9 | $30,984 | 43.85% | $24,196 |
| 10 | $33,296 | 39.66% | $21,884 |
Buying a Dodge Durango New vs Used
If you purchase a used Dodge Durango that is 2 years old, then you could save $16,720 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 $5,655. 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 Durango models become available.
What About Dodge Durango Insurance Costs?
The average cost to insure a Dodge Durango is about $2,408 per year. This adds up to around $12,040 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 Durango. 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 Durango
The 2023 Dodge Durango is our top pick for the best model year value for the Durango. With the 2023, you would only pay, on average, 76% of the price as new, with 92% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Durango, and provide a relatively good value. Our rankings consider multiple factors, including the Durango'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 Durango models.
Dodge Durango Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2024 | $55,180 | $55,180 | $428 | $0 | 0% | 100% | Good |
| 2023 | $54,311 | $41,398 | $505 | $13,782 | 24.98% | 76.22% | Best |
| 2022 | $52,885 | $36,861 | $627 | $4,537 | 10.96% | 69.7% | Better |
| 2021 | $52,392 | $34,046 | $824 | $2,815 | 7.64% | 64.98% | Better |
| 2020 | $45,832 | $28,558 | $986 | $5,488 | 16.12% | 62.31% | Good |
| 2019 | $43,040 | $25,586 | $1,241 | $2,972 | 10.41% | 59.45% | |
| 2018 | $42,716 | $23,076 | $1,439 | $2,510 | 9.81% | 54.02% | |
| 2017 | $38,893 | $19,657 | $1,515 | $3,419 | 14.82% | 50.54% | |
| 2016 | $37,071 | $17,284 | $1,566 | $2,373 | 12.07% | 46.62% | |
| 2015 | $36,717 | $16,102 | $1,635 | $1,182 | 6.84% | 43.85% | |
| 2014 | $36,050 | $14,298 | $1,735 | $1,804 | 11.2% | 39.66% | |
| 2013 | $35,082 | $11,718 | $1,892 | $2,580 | 18.04% | 33.4% | |
| 2012 | $35,123 | $10,696 | $2,045 | $1,022 | 8.72% | 30.45% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2024 | $55,180 | 100% | Good |
| 2023 | $41,398 | 76.22% | Best |
| 2022 | $36,861 | 69.7% | Better |
| 2021 | $34,046 | 64.98% | Better |
| 2020 | $28,558 | 62.31% | Good |
| 2019 | $25,586 | 59.45% | |
| 2018 | $23,076 | 54.02% | |
| 2017 | $19,657 | 50.54% | |
| 2016 | $17,284 | 46.62% | |
| 2015 | $16,102 | 43.85% | |
| 2014 | $14,298 | 39.66% | |
| 2013 | $11,718 | 33.4% | |
| 2012 | $10,696 | 30.45% |
Dodge Durango Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Dodge Durango ranks for Depreciation compared to other vehicles. Also check out how the Durango stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Dodge Durango 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 Durango 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:
Dodge Durangos For Sale
2021 Dodge Durango R/T
$38,000
2022 Dodge Durango GT Plus
$27,750
2023 Dodge Durango SXT
$24,690
Related Articles
Do Electric And Hybrid Cars Hold Their Value?
The 10 Cars, Trucks, and SUVs with the Best Resale Value in 2024
5 Trucks with the Worst Depreciation
