Dodge Challenger Depreciation
A Dodge Challenger will depreciate 44% after 5 years and have a 5 year resale value of $28,428.
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 $51,116 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 Dodge Challenger.
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Dodge Challenger Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $12,994 | 74.58% | $38,122 | 12,000 | 2022 |
| 2 | $16,776 | 67.18% | $34,340 | 24,000 | 2023 |
| 3 | $17,891 | 65.00% | $33,225 | 36,000 | 2024 |
| 4 | $20,383 | 60.12% | $30,733 | 48,000 | 2025 |
| 5 | $22,688 | 55.61% | $28,428 | 60,000 | 2026 |
| 6 | $24,820 | 51.44% | $26,296 | 72,000 | 2027 |
| 7 | $25,880 | 49.37% | $25,236 | 84,000 | 2028 |
| 8 | $27,894 | 45.43% | $23,222 | 96,000 | 2029 |
| 9 | $28,937 | 43.39% | $22,179 | 108,000 | 2030 |
| 10 | $30,087 | 41.14% | $21,029 | 120,000 | 2031 |
Dodge Challenger Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $12,994 | 74.58% | $38,122 |
| 2 | $16,776 | 67.18% | $34,340 |
| 3 | $17,891 | 65.00% | $33,225 |
| 4 | $20,383 | 60.12% | $30,733 |
| 5 | $22,688 | 55.61% | $28,428 |
| 6 | $24,820 | 51.44% | $26,296 |
| 7 | $25,880 | 49.37% | $25,236 |
| 8 | $27,894 | 45.43% | $23,222 |
| 9 | $28,937 | 43.39% | $22,179 |
| 10 | $30,087 | 41.14% | $21,029 |
If you purchase a used Dodge Challenger that is 2 years old, then you could save $16,776 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 $5,912. 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 Challenger models become available.
The Best Model Years to Buy a Dodge Challenger
The 2020 Dodge Challenger is our top pick for the best model year value for the Challenger. With the 2020, you would only pay, on average, 75% 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 Challenger, and provide a relatively good value. Our rankings consider multiple factors, including the Challenger'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 Dodge Challenger models.
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Dodge Challenger Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2021 | $51,116 | $51,116 | $313 | $0 | 0% | 100% | |
| 2020 | $49,274 | $37,103 | $355 | $14,013 | 27.41% | 74.58% | Best |
| 2019 | $45,591 | $31,063 | $434 | $6,040 | 16.28% | 67.18% | Better |
| 2018 | $42,360 | $27,534 | $554 | $3,529 | 11.36% | 65% | Better |
| 2017 | $42,230 | $28,233 | $633 | +$699 | -2.54% | 65.36% | Good |
| 2016 | $42,133 | $27,928 | $794 | $305 | 1.08% | 64.4% | Good |
| 2015 | $42,077 | $25,297 | $1,087 | $2,631 | 9.42% | 57.54% | |
| 2014 | $34,963 | $18,485 | $1,225 | $6,812 | 26.93% | 49.37% | |
| 2013 | $34,623 | $17,048 | $1,318 | $1,437 | 7.77% | 45.43% | |
| 2012 | $34,089 | $16,291 | $1,501 | $757 | 4.44% | 43.39% | |
| 2011 | $33,097 | $15,156 | $1,541 | $1,135 | 6.97% | 41.14% | |
| 2010 | $31,561 | $12,624 | $1,761 | $2,532 | 16.71% | 40% | |
| 2009 | $35,150 | $13,709 | $2,073 | +$1,085 | -8.59% | 39% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2021 | $51,116 | 100% | |
| 2020 | $37,103 | 74.58% | Best |
| 2019 | $31,063 | 67.18% | Better |
| 2018 | $27,534 | 65% | Better |
| 2017 | $28,233 | 65.36% | Good |
| 2016 | $27,928 | 64.4% | Good |
| 2015 | $25,297 | 57.54% | |
| 2014 | $18,485 | 49.37% | |
| 2013 | $17,048 | 45.43% | |
| 2012 | $16,291 | 43.39% | |
| 2011 | $15,156 | 41.14% | |
| 2010 | $12,624 | 40% | |
| 2009 | $13,709 | 39% |
Other Dodge Challenger Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Dodge Challenger 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:
