PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What is the Jeep depreciation rate?
The Jeep Wrangler has been my dream car since before I even had my license, but even used models are a bit out of my budget right now. What is the depreciation rate for most Jeeps?
Meaghan Branham · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re in good company! The Jeep Wrangler is one of the most popular used cars around, according to CompareTheMarket. Of course, that probably doesn’t comfort you much, since that demand contributes to the higher prices of even older models.
Unfortunately for those
looking to buy Jeep models
—but fortunately for those selling theirs—the brand is well-known for its ability to retain its resale value
. According to CarEdge.com, most Jeeps depreciate by only 22% for the first five years. That means your best bet is to look for an older model and have it thoroughly vetted by an expert like a mechanic to be sure it still has plenty of life left in it. Then, once you find your dream car, you’ll want to protect it, whether old or new, with a
car insurance
policy that’s up for the job. Turn to
Jerry
, the car insurance super app and licensed broker designed to give you car insurance savings. Once you download Jerry, you can fill out your profile by answering just a few questions. Then, sit back and relax while Jerry hunts for a low Jeep insurance cost
in seconds!View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
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.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies