Dodge Charger
On Cars.com, they explain that the cost of owning a 2015 Dodge Charger for 5 years is just over $41k. Originally, the car costs $26k, and over the course of a year, the car will drop more than $8k in value – over 45%. The reason being that most of their models are not interesting and don’t have many add-on features that can generate more interest. There are also many competitors with more attractive and upgradable cars that can possibly contribute to this high depreciation rate.
Dodge Charger
Chevrolet Camaro
While the Chevy Camaro is a sharp and sporty car, its value gets reduced by 39% throughout the first 12 months of ownership. It has one of the highest depreciation rates on our list. On average, the cost to own a 2015 Camaro would cost about $40k for five years. After being driven off the dealership lot, this car would cost $23.7k, and after 12 months, the price will drop by $8k. Like the Corvette or the Mustang, the Camaro is an American-made sports car with a fanbase as large as luxury car brands. This might be the reason that the Camaro has a similar price drop as some luxury cars.
Chevrolet Camaro
