Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 56% after 5 years and have a 5 year resale value of $13,475.

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, 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 $10,146 66.56% $20,196 13,500 2021
2 $11,387 62.47% $18,955 27,000 2022
3 $13,144 56.68% $17,198 40,500 2023
4 $15,317 49.52% $15,025 54,000 2024
5 $16,867 44.41% $13,475 67,500 2025
6 $19,173 36.81% $11,169 81,000 2026
7 $21,291 29.83% $9,051 94,500 2027
8 $21,731 28.38% $8,611 108,000 2028
9 $22,283 26.56% $8,059 121,500 2029
10 $23,861 21.36% $6,481 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,146 66.56% $20,196
2 $11,387 62.47% $18,955
3 $13,144 56.68% $17,198
4 $15,317 49.52% $15,025
5 $16,867 44.41% $13,475
6 $19,173 36.81% $11,169
7 $21,291 29.83% $9,051
8 $21,731 28.38% $8,611
9 $22,283 26.56% $8,059
10 $23,861 21.36% $6,481

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 $11,387 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 $5,480. 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 2019 Dodge Grand Caravan is our top pick for the best model year value for the Grand Caravan. With the 2019, you would only pay, on average, 67% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 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 $19,197 $351 $11,145 36.73% 66.56% Best
2018 $26,650 $17,108 $461 $2,089 10.88% 62.47% Better
2017 $26,794 $15,815 $628 $1,293 7.56% 56.68% Better
2016 $25,662 $13,445 $738 $2,370 14.99% 49.52% Good
2015 $25,048 $12,086 $961 $1,359 10.11% 44.41% Good
2014 $23,999 $10,201 $1,367 $1,885 15.6% 36.81%
2013 $23,570 $8,590 $1,560 $1,611 15.79% 29.83%
2012 $23,118 $8,248 $1,688 $342 3.98% 28.38%
2011 $23,701 $8,236 $1,942 $12 0.15% 26.56%
2010 $22,504 $6,805 $1,998 $1,431 17.37% 21.36%
2009 $22,709 $6,250 $2,304 $555 8.16% 17.38%
2008 $21,725 $5,553 $2,737 $697 11.15% 12.96%
Year Price % Paid Value Rank
2020 $30,342 100%
2019 $19,197 66.56% Best
2018 $17,108 62.47% Better
2017 $15,815 56.68% Better
2016 $13,445 49.52% Good
2015 $12,086 44.41% Good
2014 $10,201 36.81%
2013 $8,590 29.83%
2012 $8,248 28.38%
2011 $8,236 26.56%
2010 $6,805 21.36%
2009 $6,250 17.38%
2008 $5,553 12.96%
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 April 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.