Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 37% after 5 years and have a 5 year resale value of $19,092.

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 $30,342 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 Grand Caravan.

Dodge Grand Caravan Depreciation Calculator

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Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,263 85.95% $26,079 12,000 2022
2 $6,219 79.50% $24,123 24,000 2023
3 $8,028 73.54% $22,314 36,000 2024
4 $9,702 68.02% $20,640 48,000 2025
5 $11,250 62.92% $19,092 60,000 2026
6 $11,742 61.30% $18,600 72,000 2027
7 $14,036 53.74% $16,306 84,000 2028
8 $14,385 52.59% $15,957 96,000 2029
9 $15,132 50.13% $15,210 108,000 2030
10 $15,587 48.63% $14,755 120,000 2031

Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,263 85.95% $26,079
2 $6,219 79.50% $24,123
3 $8,028 73.54% $22,314
4 $9,702 68.02% $20,640
5 $11,250 62.92% $19,092
6 $11,742 61.30% $18,600
7 $14,036 53.74% $16,306
8 $14,385 52.59% $15,957
9 $15,132 50.13% $15,210
10 $15,587 48.63% $14,755

Buying a Dodge Grand Caravan New vs Used

If you purchase a used Dodge Grand Caravan that is 2 years old, then you could save $6,219 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 $5,031. 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.

Dodge Grand Caravan Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings