Jeep Compass Depreciation
A Jeep Compass will depreciate 46% after 5 years and have a 5 year resale value of $19,215.
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 $35,662 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 Jeep Compass.
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Jeep Compass Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $8,391 | 76.47% | $27,271 | 12,000 | 2025 |
| 2 | $9,393 | 73.66% | $26,269 | 24,000 | 2026 |
| 3 | $13,206 | 62.97% | $22,456 | 36,000 | 2027 |
| 4 | $14,889 | 58.25% | $20,773 | 48,000 | 2028 |
| 5 | $16,447 | 53.88% | $19,215 | 60,000 | 2029 |
| 6 | $17,888 | 49.84% | $17,774 | 72,000 | 2030 |
| 7 | $19,079 | 46.50% | $16,583 | 84,000 | 2031 |
| 8 | $20,402 | 42.79% | $15,260 | 96,000 | 2032 |
| 9 | $22,085 | 38.07% | $13,577 | 108,000 | 2033 |
| 10 | $23,016 | 35.46% | $12,646 | 120,000 | 2034 |
Jeep Compass Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $8,391 | 76.47% | $27,271 |
| 2 | $9,393 | 73.66% | $26,269 |
| 3 | $13,206 | 62.97% | $22,456 |
| 4 | $14,889 | 58.25% | $20,773 |
| 5 | $16,447 | 53.88% | $19,215 |
| 6 | $17,888 | 49.84% | $17,774 |
| 7 | $19,079 | 46.50% | $16,583 |
| 8 | $20,402 | 42.79% | $15,260 |
| 9 | $22,085 | 38.07% | $13,577 |
| 10 | $23,016 | 35.46% | $12,646 |
Buying a Jeep Compass New vs Used
If you purchase a used Jeep Compass that is 2 years old, then you could save $9,393 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 $7,054. 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 Compass models become available.
What About Jeep Compass Insurance Costs?
The average cost to insure a Jeep Compass is about $1,939 per year. This adds up to around $9,695 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Jeep Compass. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure
The Best Model Years to Buy a Jeep Compass
The 2023 Jeep Compass is our top pick for the best model year value for the Compass. With the 2023, you would only pay, on average, 76% of the price as new, with 92% of the vehicle's useful life remaining. The 2021 and 2022 model years are also attractive years for the Compass, and provide a relatively good value. Our rankings consider multiple factors, including the Compass'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 Jeep Compass models.
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Jeep Compass Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2024 | $35,662 | $35,662 | $398 | $0 | 0% | 100% | |
| 2023 | $37,413 | $28,608 | $476 | $7,054 | 19.78% | 76.47% | Best |
| 2022 | $33,967 | $25,021 | $599 | $3,587 | 12.54% | 73.66% | Better |
| 2021 | $33,885 | $21,338 | $796 | $3,683 | 14.72% | 62.97% | Better |
| 2020 | $29,894 | $19,862 | $959 | $1,476 | 6.92% | 66.44% | Good |
| 2019 | $29,698 | $18,589 | $1,215 | $1,273 | 6.41% | 62.59% | Good |
| 2018 | $27,168 | $17,247 | $1,414 | $1,342 | 7.22% | 63.48% | |
| 2017 | $26,956 | $12,534 | $1,490 | $4,713 | 27.33% | 46.5% | |
| 2016 | $25,212 | $10,787 | $1,542 | $1,747 | 13.94% | 42.79% | |
| 2015 | $26,750 | $10,185 | $1,611 | $602 | 5.58% | 38.07% | |
| 2014 | $26,015 | $9,224 | $1,712 | $961 | 9.44% | 35.46% | |
| 2013 | $24,573 | $8,910 | $1,869 | $314 | 3.4% | 36.26% | |
| 2012 | $24,248 | $7,824 | $2,023 | $1,086 | 12.19% | 32.27% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2024 | $35,662 | 100% | |
| 2023 | $28,608 | 76.47% | Best |
| 2022 | $25,021 | 73.66% | Better |
| 2021 | $21,338 | 62.97% | Better |
| 2020 | $19,862 | 66.44% | Good |
| 2019 | $18,589 | 62.59% | Good |
| 2018 | $17,247 | 63.48% | |
| 2017 | $12,534 | 46.5% | |
| 2016 | $10,787 | 42.79% | |
| 2015 | $10,185 | 38.07% | |
| 2014 | $9,224 | 35.46% | |
| 2013 | $8,910 | 36.26% | |
| 2012 | $7,824 | 32.27% |
Jeep Compass Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Jeep Compass ranks for Depreciation compared to other vehicles. Also check out how the Compass stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Jeep Compass Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Jeep Compass 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:
