Jeep Renegade Depreciation

A Jeep Renegade will depreciate 45% after 5 years and have a 5 year resale value of $15,092.

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 $27,667 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 Renegade.

Jeep Renegade Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $6,020 78.24% $21,647 12,000 2022
2 $7,581 72.60% $20,086 24,000 2023
3 $9,091 67.14% $18,576 36,000 2024
4 $10,890 60.64% $16,777 48,000 2025
5 $12,575 54.55% $15,092 60,000 2026
6 $14,063 49.17% $13,604 72,000 2027
7 $14,915 46.09% $12,752 84,000 2028
8 $16,052 41.98% $11,615 96,000 2029
9 $17,308 37.44% $10,359 108,000 2030
10 $18,213 34.17% $9,454 120,000 2031

Jeep Renegade Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,020 78.24% $21,647
2 $7,581 72.60% $20,086
3 $9,091 67.14% $18,576
4 $10,890 60.64% $16,777
5 $12,575 54.55% $15,092
6 $14,063 49.17% $13,604
7 $14,915 46.09% $12,752
8 $16,052 41.98% $11,615
9 $17,308 37.44% $10,359
10 $18,213 34.17% $9,454

Jeep Renegade Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Jeep Renegade that is 2 years old, then you could save $7,581 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 $4,994. 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 Renegade models become available.

Other Jeep Renegade 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 Renegade 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: