Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 59% after 5 years and have a 5 year resale value of $12,449.

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. 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,550 71.82% $21,792 13,500 2021
2 $11,333 62.65% $19,009 27,000 2022
3 $13,617 55.12% $16,725 40,500 2023
4 $16,360 46.08% $13,982 54,000 2024
5 $17,893 41.03% $12,449 67,500 2025
6 $19,892 34.44% $10,450 81,000 2026
7 $21,537 29.02% $8,805 94,500 2027
8 $22,496 25.86% $7,846 108,000 2028
9 $22,829 24.76% $7,513 121,500 2029
10 $24,407 19.56% $5,935 135,000 2030

Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,550 71.82% $21,792
2 $11,333 62.65% $19,009
3 $13,617 55.12% $16,725
4 $16,360 46.08% $13,982
5 $17,893 41.03% $12,449
6 $19,892 34.44% $10,450
7 $21,537 29.02% $8,805
8 $22,496 25.86% $7,846
9 $22,829 24.76% $7,513
10 $24,407 19.56% $5,935

Dodge Grand Caravan Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Dodge Grand Caravan that is 2 years old, then you could save $11,333 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 $6,560. 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 $353 $0 0% 100%
2019 $28,313 $20,745 $412 $9,597 31.63% 71.82% Good
2018 $26,650 $17,216 $521 $3,529 17.01% 62.65% Best
2017 $26,794 $15,459 $689 $1,757 10.21% 55.12% Better
2016 $25,662 $12,622 $798 $2,837 18.35% 46.08% Better
2015 $25,048 $11,299 $1,021 $1,323 10.48% 41.03% Good
2014 $23,999 $9,693 $1,428 $1,606 14.21% 34.44%
2013 $23,570 $8,460 $1,621 $1,233 12.72% 29.02%
2012 $23,118 $7,727 $1,749 $733 8.66% 25.86%
2011 $23,701 $7,871 $2,003 +$144 -1.86% 24.76%
2010 $22,504 $6,460 $2,059 $1,411 17.93% 19.56%
2009 $22,709 $5,216 $2,364 $1,244 19.26% 12.56%
2008 $21,725 $5,504 $2,798 +$288 -5.52% 12.46%
Year Price % Paid Value Rank
2020 $30,342 100%
2019 $20,745 71.82% Good
2018 $17,216 62.65% Best
2017 $15,459 55.12% Better
2016 $12,622 46.08% Better
2015 $11,299 41.03% Good
2014 $9,693 34.44%
2013 $8,460 29.02%
2012 $7,727 25.86%
2011 $7,871 24.76%
2010 $6,460 19.56%
2009 $5,216 12.56%
2008 $5,504 12.46%

Other Dodge Grand Caravan 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 Grand Caravan 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: