Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 55% after 5 years and have a 5 year resale value of $13,742.

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 $6,608 78.22% $23,734 12,000 2022
2 $8,830 70.90% $21,512 24,000 2023
3 $12,079 60.19% $18,263 36,000 2024
4 $13,976 53.94% $16,366 48,000 2025
5 $16,600 45.29% $13,742 60,000 2026
6 $17,774 41.42% $12,568 72,000 2027
7 $18,870 37.81% $11,472 84,000 2028
8 $20,948 30.96% $9,394 96,000 2029
9 $21,239 30.00% $9,103 108,000 2030
10 $22,062 27.29% $8,280 120,000 2031

Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,608 78.22% $23,734
2 $8,830 70.90% $21,512
3 $12,079 60.19% $18,263
4 $13,976 53.94% $16,366
5 $16,600 45.29% $13,742
6 $17,774 41.42% $12,568
7 $18,870 37.81% $11,472
8 $20,948 30.96% $9,394
9 $21,239 30.00% $9,103
10 $22,062 27.29% $8,280

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 $8,830 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 $7,770. 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