Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 59% after 5 years and have a 5 year resale value of $12,522.

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 $30,342 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 Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,487 72.03% $21,855 13,500 2021
2 $11,266 62.87% $19,076 27,000 2022
3 $13,548 55.35% $16,794 40,500 2023
4 $16,291 46.31% $14,051 54,000 2024
5 $17,820 41.27% $12,522 67,500 2025
6 $19,816 34.69% $10,526 81,000 2026
7 $21,461 29.27% $8,881 94,500 2027
8 $22,417 26.12% $7,925 108,000 2028
9 $22,750 25.02% $7,592 121,500 2029
10 $24,325 19.83% $6,017 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $8,487 72.03% $21,855
2 $11,266 62.87% $19,076
3 $13,548 55.35% $16,794
4 $16,291 46.31% $14,051
5 $17,820 41.27% $12,522
6 $19,816 34.69% $10,526
7 $21,461 29.27% $8,881
8 $22,417 26.12% $7,925
9 $22,750 25.02% $7,592
10 $24,325 19.83% $6,017

Dodge Grand Caravan Depreciation Calculator

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If you purchase a used Dodge Grand Caravan that is 2 years old, then you could save $11,266 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 $6,554. 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 Grand Caravan models become available.

The Best Model Years to Buy a Dodge Grand Caravan

The 2018 Dodge Grand Caravan is our top pick for the best model year value for the Grand Caravan. With the 2018, you would only pay, on average, 63% of the price as new, with 83% of the vehicle's useful life remaining. The 2016 and 2017 model years are also attractive years for the Grand Caravan, and provide a relatively good value. Our rankings consider multiple factors, including the Grand Caravan'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 Grand Caravan models.

Dodge Grand Caravan Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $30,342 $30,342 $292 $0 0% 100%
2019 $28,313 $20,745 $351 $9,597 31.63% 72.03% Good
2018 $26,650 $17,216 $461 $3,529 17.01% 62.87% Best
2017 $26,794 $15,459 $628 $1,757 10.21% 55.35% Better
2016 $25,662 $12,622 $738 $2,837 18.35% 46.31% Better
2015 $25,048 $11,299 $961 $1,323 10.48% 41.27% Good
2014 $23,999 $9,693 $1,367 $1,606 14.21% 34.69%
2013 $23,570 $8,460 $1,560 $1,233 12.72% 29.27%
2012 $23,118 $7,727 $1,688 $733 8.66% 26.12%
2011 $23,701 $7,871 $1,942 +$144 -1.86% 25.02%
2010 $22,504 $6,460 $1,998 $1,411 17.93% 19.83%
2009 $22,709 $5,216 $2,304 $1,244 19.26% 12.82%
2008 $21,725 $5,504 $2,737 +$288 -5.52% 12.74%
Year Price % Paid Value Rank
2020 $30,342 100%
2019 $20,745 72.03% Good
2018 $17,216 62.87% Best
2017 $15,459 55.35% Better
2016 $12,622 46.31% Better
2015 $11,299 41.27% Good
2014 $9,693 34.69%
2013 $8,460 29.27%
2012 $7,727 26.12%
2011 $7,871 25.02%
2010 $6,460 19.83%
2009 $5,216 12.82%
2008 $5,504 12.74%
Our Favorite Dodge Grand Caravan 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.