Dodge Journey Depreciation
A Dodge Journey will depreciate 40% after 5 years and have a 5 year resale value of $16,224.
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 $27,222 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 Journey.
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Dodge Journey Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $4,764 | 82.50% | $22,458 | 12,000 | 2022 |
| 2 | $7,750 | 71.53% | $19,472 | 24,000 | 2023 |
| 3 | $7,883 | 71.04% | $19,339 | 36,000 | 2024 |
| 4 | $8,806 | 67.65% | $18,416 | 48,000 | 2025 |
| 5 | $10,998 | 59.60% | $16,224 | 60,000 | 2026 |
| 6 | $13,121 | 51.80% | $14,101 | 72,000 | 2027 |
| 7 | $15,005 | 44.88% | $12,217 | 84,000 | 2028 |
| 8 | $16,848 | 38.11% | $10,374 | 96,000 | 2029 |
| 9 | $18,375 | 32.50% | $8,847 | 108,000 | 2030 |
| 10 | $19,464 | 28.50% | $7,758 | 120,000 | 2031 |
Dodge Journey Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $4,764 | 82.50% | $22,458 |
| 2 | $7,750 | 71.53% | $19,472 |
| 3 | $7,883 | 71.04% | $19,339 |
| 4 | $8,806 | 67.65% | $18,416 |
| 5 | $10,998 | 59.60% | $16,224 |
| 6 | $13,121 | 51.80% | $14,101 |
| 7 | $15,005 | 44.88% | $12,217 |
| 8 | $16,848 | 38.11% | $10,374 |
| 9 | $18,375 | 32.50% | $8,847 |
| 10 | $19,464 | 28.50% | $7,758 |
Buying a Dodge Journey New vs Used
If you purchase a used Dodge Journey that is 2 years old, then you could save $7,750 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 $3,248. 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 Journey models become available.
