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What is the Dodge Durango depreciation rate?
I have a 2019 Dodge Durango that I’m looking to sell. It’s in excellent condition with only about 40,000 miles, but I’m not sure how much to list it for. What’s the depreciation rate on a Dodge Durango?
Andrea Barrett · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Depreciation rates vary based on the model and trim level but the average Dodge Durango depreciation rate is 26% after five years with a 5-year resale value of $38,992.
Generally speaking, most vehicles lose value relatively quickly, but certain cars hold their value better than others. The top two vehicles with the highest resale value are the
Toyota 4Runner
and Jeep Wrangler
. Some factors that can influence depreciation rates include the make of the vehicle, its model, mileage, capabilities, and age.One surefire way to keep your Durango’s value high is to maintain it by following a regular
car maintenance schedule
. Additionally, consider investing in a good car insurance
policy to protect it in the event of an accident. Need help finding one? Meet
Jerry
, the licensed broker and insurance expert that makes finding affordable Dodge Durango insurance costs
quick and easy. Sign up in 45 seconds and scan personalized quotes from over 55 top insurers. If you find a policy better than your current one, a Jerry expert can help you switch over. Best of all, you could save over $800 a year by shopping with Jerry! View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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