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Jeep Depreciation

When looking at Jeep resale values, it really depends on which Jeep you are looking to purchase. The Wrangler is a standout, and consistently ranks at the top of the list. However, the Cherokees and the Compass don't hold their value as well, and are decidedly mediocre versus their peers.

2023 is our top pick for the best model year value for Jeep vehicles. With the 2023, you would only pay, on average, 58% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Jeep models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Jeep model.


Jeep Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2025 0.0% 100.0% 100.0%
2024 33.9% 66.1% 91.7%
2023 41.8% 58.2% 83.3% Best
2022 44.8% 55.2% 75.0% Better
2021 47.7% 52.3% 66.7% Better
2020 50.6% 49.4% 58.3% Good
2019 54.2% 45.8% 50.0% Good
2018 57.9% 42.1% 41.7%
2017 62.1% 37.9% 33.3%
2016 64.2% 35.8% 25.0%
2015 66.9% 33.1% 16.7%
2014 69.4% 30.6% 8.3%
2013 71.7% 28.3% 0.0%
Year Depreciation Residual Value Value Rating
2025 0.0% 100.0%
2024 33.9% 66.1%
2023 41.8% 58.2% Best
2022 44.8% 55.2% Better
2021 47.7% 52.3% Better
2020 50.6% 49.4% Good
2019 54.2% 45.8% Good
2018 57.9% 42.1%
2017 62.1% 37.9%
2016 64.2% 35.8%
2015 66.9% 33.1%
2014 69.4% 30.6%
2013 71.7% 28.3%

Help me understand

CarEdge Depreciation Calculator

You entered the vehicle's current age and how long you plan to own it. To understand your projected depreciation:
  • Start with the row matching the vehicle's current age
  • Find the row for the vehicle's age after your ownership period
  • The difference between those two resale values is your estimated depreciation
Example: If your vehicle is 2 years old and you plan to own it for 3 years, look at the values for 2 and 5 years old.

Jeep Depreciation by Model

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