Depreciation
The depreciation graph and accompanying table on our page detail how the 1970 DODGE CHALLENGER's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1970 DODGE CHALLENGER in 1970 was $32,900.
The average price for used 1970 DODGE CHALLENGER nowadays in 2024 is $89,000 which is 271% from the original price.
Estimated mileage driven per year is 7,184 miles.
The graph below is a depreciation curve for 1970 DODGE CHALLENGER. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1970 DODGE CHALLENGER in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1970 MSRP | 0 mi | $32,900 | — | — | 100% | 0% |
| 1971 | 14,368 mi | $37,971 | +$0 | +0% | 115.41% | -15.41% |
| 1972 | 21,552 mi | $31,100 | +$6,871 | +18.1% | 94.53% | 5.47% |
| 1973 | 28,736 mi | $29,489 | +$1,611 | +5.18% | 89.63% | 10.37% |
| 1974 | 35,920 mi | $31,998 | −$2,509 | −8.51% | 97.26% | 2.74% |
| 1975 | 43,104 mi | $26,865 | +$5,133 | +16.04% | 81.66% | 18.34% |
| 1976 | 50,288 mi | $25,360 | +$1,505 | +5.6% | 77.08% | 22.92% |
| 1977 | 57,472 mi | $23,177 | +$2,183 | +8.61% | 70.45% | 29.55% |
| 1978 | 64,656 mi | $26,882 | −$3,705 | −15.99% | 81.71% | 18.29% |
| 1979 | 71,840 mi | $23,829 | +$3,053 | +11.36% | 72.43% | 27.57% |
| 1980 | 79,024 mi | $18,682 | +$5,147 | +21.6% | 56.78% | 43.22% |
| 1981 | 86,208 mi | $17,273 | +$1,409 | +7.54% | 52.5% | 47.5% |
| 1982 | 93,392 mi | $17,900 | −$627 | −3.63% | 54.41% | 45.59% |
| 1983 | 100,576 mi | $18,900 | −$1,000 | −5.59% | 57.45% | 42.55% |
| 1984 | 107,760 mi | $18,950 | −$50 | −0.26% | 57.6% | 42.4% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the DODGE CHALLENGER’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1970 DODGE CHALLENGER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1970 DODGE CHALLENGER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $79,900 | 126 sales |
| 5,000 mi | $69,500 | 212 sales |
| 10,000 mi | $65,000 | 33 sales |
| 15,000 mi | $60,975 | 20 sales |
| 20,000 mi | $67,995 | 48 sales |
| 25,000 mi | $59,000 | 28 sales |
| 30,000 mi | $77,000 | 59 sales |
| 35,000 mi | $59,995 | 120 sales |
| 40,000 mi | $179,900 | 59 sales |
| 45,000 mi | $74,900 | 18 sales |
| 50,000 mi | $89,995 | 113 sales |
| 55,000 mi | $69,995 | 40 sales |
| 60,000 mi | $129,900 | 81 sales |
| 65,000 mi | $34,995 | 68 sales |
| 70,000 mi | $74,950 | 52 sales |
| 75,000 mi | $44,748 | 22 sales |
| 80,000 mi | $62,995 | 52 sales |
| 85,000 mi | $62,500 | 35 sales |
| 90,000 mi | $73,995 | 55 sales |
| 95,000 mi | $63,500 | 44 sales |
| 100,000 mi | $24,800 | 50 sales |
| 110,000 mi | $23,500 | 12 sales |
| 115,000 mi | $28,500 | 12 sales |
| 10,000,000 mi | $9,500 | 11 sales |
Frequently asked questions
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Other years of DODGE CHALLENGER
1971 DODGE CHALLENGER
$64,900 average used price
910+ sales records
1972 DODGE CHALLENGER
$49,900 average used price
1,100+ sales records
1973 DODGE CHALLENGER
$49,498 average used price
1,010+ sales records
2010 DODGE CHALLENGER
$18,950 average used price
25,800+ sales records
2016 DODGE CHALLENGER
$26,882 average used price
115,300+ sales records
2017 DODGE CHALLENGER
$23,177 average used price
81,700+ sales records
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