50 Cars That are Plummeting in Value

Advertisements:
Advertisements:

#19 – Dodge Charger

Class: Four-Door Sedan
Production: 1966-Present
Starting Price: $32,495+
Depreciation Rate: 23.3%

[widget id=”td_block_ad_box_widget-2″]
Introduced as a show car in 1964, the Dodge Charger hit the road in 1966 as a mid-size two door car that featured a fastback body design and an interior with four bucket seats. The second and third generations debuted in the early 1970s with Dodge now in its seventh generation boasting an entirely new front end with LED lights and a noticeable curve around the headlights. Today, the 2018 Dodge Charger is considered a four-door sedan with a sticker price starting at $32,495.

Over the course of five years, each owner will spend around $43,003 on their Dodge Chargers with the current depreciation value at 23.3%, which brings the sticker price down to $24,923 after the first year. Depending on your location, pre-owned chargers can go for anywhere between $12,000 and $20,000 with many potential car buyers turning to more popular and upgradable competitors that have a lower depreciation rate!