Jeep Wrangler Depreciation
A Jeep Wrangler will depreciate 34% after 5 years and have a 5 year resale value of $38,610.
The Jeep Wrangler is a top performer for maintaining its value at the 5-year, and 7-year mark. For a used vehicle, it's downright impressive in how it's able to hold its resale value. People buy Wranglers because they just love driving them. How much sweeter is it that you can drive a Wrangler for years and still get a relatively good return on your investment. The Jeep Wrangler remains one of our top picks over the long term.
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 $58,209 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 Wrangler.
Jeep Wrangler Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $4,517 | 92.24% | $53,692 | 12,000 | 2025 |
| 2 | $13,673 | 76.51% | $44,536 | 24,000 | 2026 |
| 3 | $14,989 | 74.25% | $43,220 | 36,000 | 2027 |
| 4 | $16,467 | 71.71% | $41,742 | 48,000 | 2028 |
| 5 | $19,599 | 66.33% | $38,610 | 60,000 | 2029 |
| 6 | $22,492 | 61.36% | $35,717 | 72,000 | 2030 |
| 7 | $25,170 | 56.76% | $33,039 | 84,000 | 2031 |
| 8 | $27,649 | 52.50% | $30,560 | 96,000 | 2032 |
| 9 | $29,943 | 48.56% | $28,266 | 108,000 | 2033 |
| 10 | $32,062 | 44.92% | $26,147 | 120,000 | 2034 |
Jeep Wrangler Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $4,517 | 92.24% | $53,692 |
| 2 | $13,673 | 76.51% | $44,536 |
| 3 | $14,989 | 74.25% | $43,220 |
| 4 | $16,467 | 71.71% | $41,742 |
| 5 | $19,599 | 66.33% | $38,610 |
| 6 | $22,492 | 61.36% | $35,717 |
| 7 | $25,170 | 56.76% | $33,039 |
| 8 | $27,649 | 52.50% | $30,560 |
| 9 | $29,943 | 48.56% | $28,266 |
| 10 | $32,062 | 44.92% | $26,147 |
Buying a Jeep Wrangler New vs Used
If you purchase a used Jeep Wrangler that is 2 years old, then you could save $13,673 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 $5,926. 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 Wrangler models become available.
What About Jeep Wrangler Insurance Costs?
The average cost to insure a Jeep Wrangler is about $1,913 per year. This adds up to around $9,565 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 Wrangler. 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 Wrangler
The 2022 Jeep Wrangler is our top pick for the best model year value for the Wrangler. With the 2022, you would only pay, on average, 77% of the price as new, with 83% of the vehicle's useful life remaining. The 2021 and 2024 model years are also attractive years for the Wrangler, and provide a relatively good value. Our rankings consider multiple factors, including the Wrangler'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 Wrangler models.
Jeep Wrangler Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2024 | $58,209 | $58,209 | $415 | $0 | 0% | 100% | Better |
| 2023 | $44,518 | $41,063 | $493 | $17,146 | 29.46% | 92.24% | Good |
| 2022 | $43,299 | $33,128 | $615 | $7,935 | 19.32% | 76.51% | Best |
| 2021 | $43,243 | $32,107 | $812 | $1,021 | 3.08% | 74.25% | Better |
| 2020 | $40,356 | $28,939 | $975 | $3,168 | 9.87% | 71.71% | Good |
| 2019 | $35,417 | $26,606 | $1,231 | $2,333 | 8.06% | 75.12% | |
| 2018 | $35,323 | $23,779 | $1,430 | $2,827 | 10.63% | 67.32% | |
| 2017 | $36,320 | $22,461 | $1,506 | $1,318 | 5.54% | 61.84% | |
| 2016 | $35,268 | $20,124 | $1,558 | $2,337 | 10.4% | 57.06% | |
| 2015 | $34,059 | $18,834 | $1,627 | $1,290 | 6.41% | 55.3% | |
| 2014 | $32,949 | $16,882 | $1,728 | $1,952 | 10.36% | 51.24% | |
| 2013 | $33,497 | $16,096 | $1,885 | $786 | 4.66% | 48.05% | |
| 2012 | $33,853 | $15,535 | $2,039 | $561 | 3.49% | 45.89% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2024 | $58,209 | 100% | Better |
| 2023 | $41,063 | 92.24% | Good |
| 2022 | $33,128 | 76.51% | Best |
| 2021 | $32,107 | 74.25% | Better |
| 2020 | $28,939 | 71.71% | Good |
| 2019 | $26,606 | 75.12% | |
| 2018 | $23,779 | 67.32% | |
| 2017 | $22,461 | 61.84% | |
| 2016 | $20,124 | 57.06% | |
| 2015 | $18,834 | 55.3% | |
| 2014 | $16,882 | 51.24% | |
| 2013 | $16,096 | 48.05% | |
| 2012 | $15,535 | 45.89% |
Jeep Wrangler Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Jeep Wrangler ranks for Depreciation compared to other vehicles. Also check out how the Wrangler stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Jeep Wrangler 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 Wrangler 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:
Jeep Wranglers For Sale
2008 Jeep Wrangler Rubicon
$14,500
2013 Jeep Wrangler Sport
$15,500
2020 Jeep Wrangler Sport
$28,022
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