Jeep Wrangler Depreciation
A Jeep Wrangler will depreciate 30% after 5 years and have a 5 year resale value of $30,244.
The Jeep Wrangler is ranked #2 overall 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 13,500 miles per year. It also assumes a selling price of $43,009 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 | $7,871 | 81.70% | $35,138 | 13,500 | 2021 |
2 | $9,522 | 77.86% | $33,487 | 27,000 | 2022 |
3 | $11,957 | 72.20% | $31,052 | 40,500 | 2023 |
4 | $12,163 | 71.72% | $30,846 | 54,000 | 2024 |
5 | $12,765 | 70.32% | $30,244 | 67,500 | 2025 |
6 | $15,974 | 62.86% | $27,035 | 81,000 | 2026 |
7 | $17,578 | 59.13% | $25,431 | 94,500 | 2027 |
8 | $19,479 | 54.71% | $23,530 | 108,000 | 2028 |
9 | $22,545 | 47.58% | $20,464 | 121,500 | 2029 |
10 | $23,836 | 44.58% | $19,173 | 135,000 | 2030 |
Jeep Wrangler Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $7,871 | 81.70% | $35,138 |
2 | $9,522 | 77.86% | $33,487 |
3 | $11,957 | 72.20% | $31,052 |
4 | $12,163 | 71.72% | $30,846 |
5 | $12,765 | 70.32% | $30,244 |
6 | $15,974 | 62.86% | $27,035 |
7 | $17,578 | 59.13% | $25,431 |
8 | $19,479 | 54.71% | $23,530 |
9 | $22,545 | 47.58% | $20,464 |
10 | $23,836 | 44.58% | $19,173 |
If you purchase a used Jeep Wrangler that is 2 years old, then you could save $9,522 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 $3,243. 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.
The Best Model Years to Buy a Jeep Wrangler
The 2019 Jeep Wrangler is our top pick for the best model year value for the Wrangler. With the 2019, you would only pay, on average, 82% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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 |
---|---|---|---|---|---|---|---|
2020 | $43,009 | $43,009 | $368 | $0 | 0% | 100% | Good |
2019 | $42,245 | $34,940 | $424 | $8,069 | 18.76% | 81.7% | Best |
2018 | $41,557 | $32,886 | $530 | $2,054 | 5.88% | 77.86% | Better |
2017 | $38,868 | $28,753 | $692 | $4,133 | 12.57% | 72.2% | Better |
2016 | $36,972 | $27,314 | $797 | $1,439 | 5% | 71.72% | Good |
2015 | $35,989 | $26,320 | $1,012 | $994 | 3.64% | 70.32% | |
2014 | $34,068 | $22,818 | $1,404 | $3,502 | 13.31% | 62.86% | |
2013 | $33,960 | $21,669 | $1,590 | $1,149 | 5.04% | 59.13% | |
2012 | $33,997 | $20,315 | $1,714 | $1,354 | 6.25% | 54.71% | |
2011 | $34,104 | $18,187 | $1,959 | $2,128 | 10.48% | 47.58% | |
2010 | $33,126 | $16,781 | $2,013 | $1,406 | 7.73% | 44.58% | |
2009 | $32,536 | $15,513 | $2,308 | $1,268 | 7.56% | 40.59% | |
2008 | $29,065 | $11,626 | $2,726 | $3,887 | 25.06% | 40% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2020 | $43,009 | 100% | Good |
2019 | $34,940 | 81.7% | Best |
2018 | $32,886 | 77.86% | Better |
2017 | $28,753 | 72.2% | Better |
2016 | $27,314 | 71.72% | Good |
2015 | $26,320 | 70.32% | |
2014 | $22,818 | 62.86% | |
2013 | $21,669 | 59.13% | |
2012 | $20,315 | 54.71% | |
2011 | $18,187 | 47.58% | |
2010 | $16,781 | 44.58% | |
2009 | $15,513 | 40.59% | |
2008 | $11,626 | 40% |
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: