Jeep Renegade | Depreciation Rate & Curve

Jeep Renegade 5 Year Depreciation Rate

A 2020 Jeep Renegade has a forecasted 5 year depreciation rate of 40%.

In 5 years its value is expected to decrease approximately $10,012 from its new price of around $25,031 down to $15,019.

Jeep Renegade Depreciation
Make & Model	Jeep Renegade
Initial MSRP	$25,031
Forecasted Depreciation Rate	40%
Forecasted Value Change In 5 Years	$10,012
Residual Value In 5 Years	$15,019

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Jeep Renegade Historical Depreciation Table

Below is a historical table for the Jeep Renegade that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2020	$25,031	19%	$4,874	$20,157
2019	$25,191	27%	$6,895	$18,296
2018	$22,095	23%	$5,070	$17,025
2017	$23,035	27%	$6,190	$16,845
2016	$22,995	35%	$8,120	$14,875
2015	$23,128	40%	$9,270	$13,858

2019 Jeep Renegade 1.6 Multijet | Source

By Corvettec6r - Own work, CC BY-SA 4.0

Forecasted "5 Year Depreciation" Of A 2020 Jeep Renegade Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 Jeep Renegade	40%	Image Source Minimize Source By Corvettec6r - Own work, CC BY-SA 4.0
2020 Buick Enclave	58% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
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