Jeep Wrangler Depreciation

A Jeep Wrangler will depreciate 35% after 5 years and have a 5 year resale value of $28,235.

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 $43,391 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 Calculator

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Jeep Wrangler Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,199 78.80% $34,192 12,000 2022
2 $10,479 75.85% $32,912 24,000 2023
3 $12,215 71.85% $31,176 36,000 2024
4 $13,143 69.71% $30,248 48,000 2025
5 $15,156 65.07% $28,235 60,000 2026
6 $16,471 62.04% $26,920 72,000 2027
7 $17,356 60.00% $26,035 84,000 2028
8 $19,005 56.20% $24,386 96,000 2029
9 $21,687 50.02% $21,704 108,000 2030
10 $22,741 47.59% $20,650 120,000 2031

Jeep Wrangler Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,199 78.80% $34,192
2 $10,479 75.85% $32,912
3 $12,215 71.85% $31,176
4 $13,143 69.71% $30,248
5 $15,156 65.07% $28,235
6 $16,471 62.04% $26,920
7 $17,356 60.00% $26,035
8 $19,005 56.20% $24,386
9 $21,687 50.02% $21,704
10 $22,741 47.59% $20,650

Buying a Jeep Wrangler New vs Used

If you purchase a used Jeep Wrangler that is 2 years old, then you could save $10,479 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 $4,677. 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 $1,405 per year. This adds up to around $7,025 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 2020 Jeep Wrangler is our top pick for the best model year value for the Wrangler. With the 2020, you would only pay, on average, 79% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $43,391 $43,391 $357 $0 0% 100%
2020 $43,009 $34,307 $418 $9,084 20.94% 78.8% Best
2019 $42,245 $32,557 $514 $1,750 5.1% 75.85% Better
2018 $41,557 $30,526 $669 $2,031 6.24% 71.85% Better
2017 $38,868 $27,890 $797 $2,636 8.64% 69.71% Good
2016 $36,972 $25,055 $998 $2,835 10.16% 65.07% Good
2015 $35,989 $23,736 $1,407 $1,319 5.26% 62.04%
2014 $34,068 $20,441 $1,570 $3,295 13.88% 60%
2013 $33,960 $20,805 $1,721 +$364 -1.78% 56.2%
2012 $33,997 $18,950 $1,946 $1,855 8.92% 50.02%
2011 $34,104 $18,205 $1,974 $745 3.93% 47.59%
2010 $33,126 $15,647 $2,215 $2,558 14.05% 40.55%
2009 $32,536 $15,129 $2,563 $518 3.31% 38.62%
Year Price % Paid Value Rank
2021 $43,391 100%
2020 $34,307 78.8% Best
2019 $32,557 75.85% Better
2018 $30,526 71.85% Better
2017 $27,890 69.71% Good
2016 $25,055 65.07% Good
2015 $23,736 62.04%
2014 $20,441 60%
2013 $20,805 56.2%
2012 $18,950 50.02%
2011 $18,205 47.59%
2010 $15,647 40.55%
2009 $15,129 38.62%

Jeep Wrangler Depreciation Rankings

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.

Depreciation Rankings

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: