Dodge Grand Caravan Depreciation

A Dodge Grand Caravan will depreciate 54% after 5 years and have a 5 year resale value of $14,073.

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 $30,342 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 Grand Caravan.

Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,465 81.99% $24,877 12,000 2022
2 $8,350 72.48% $21,992 24,000 2023
3 $11,770 61.21% $18,572 36,000 2024
4 $14,039 53.73% $16,303 48,000 2025
5 $16,269 46.38% $14,073 60,000 2026
6 $18,002 40.67% $12,340 72,000 2027
7 $18,075 40.43% $12,267 84,000 2028
8 $19,191 36.75% $11,151 96,000 2029
9 $19,910 34.38% $10,432 108,000 2030
10 $20,921 31.05% $9,421 120,000 2031

Dodge Grand Caravan Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,465 81.99% $24,877
2 $8,350 72.48% $21,992
3 $11,770 61.21% $18,572
4 $14,039 53.73% $16,303
5 $16,269 46.38% $14,073
6 $18,002 40.67% $12,340
7 $18,075 40.43% $12,267
8 $19,191 36.75% $11,151
9 $19,910 34.38% $10,432
10 $20,921 31.05% $9,421

Dodge Grand Caravan Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Dodge Grand Caravan that is 2 years old, then you could save $8,350 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 $7,919. 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 Grand Caravan models become available.