Jeep Renegade Depreciation

A Jeep Renegade will depreciate 52% after 5 years and have a 5 year resale value of $12,949.

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 year, and assumes a purchase price of $27,256 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.

Jeep Renegade Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,024 74.23% $20,232 13,500 2021
2 $8,618 68.38% $18,638 27,000 2022
3 $10,202 62.57% $17,054 40,500 2023
4 $12,459 54.29% $14,797 54,000 2024
5 $14,307 47.51% $12,949 67,500 2025
6 $16,414 39.78% $10,842 81,000 2026
7 $17,727 34.96% $9,529 94,500 2027
8 $18,828 30.92% $8,428 108,000 2028
9 $19,791 27.39% $7,465 121,500 2029
10 $20,791 23.72% $6,465 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $7,024 74.23% $20,232
2 $8,618 68.38% $18,638
3 $10,202 62.57% $17,054
4 $12,459 54.29% $14,797
5 $14,307 47.51% $12,949
6 $16,414 39.78% $10,842
7 $17,727 34.96% $9,529
8 $18,828 30.92% $8,428
9 $19,791 27.39% $7,465
10 $20,791 23.72% $6,465

Jeep Renegade Depreciation Calculator

Current Vehicle Age
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Own it For
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If you purchase a used Jeep Renegade that is 2 years old, then you could save $8,618 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 $5,689. 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.

Our Favorite Jeep Renegade 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 September 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.