Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 JEEP COMPASS'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) 2018 JEEP COMPASS in 2018 was $28,090.
The average price for used 2018 JEEP COMPASS nowadays in 2024 is $17,495 which is 62% from the original price.
Estimated mileage driven per year is 11,018 miles.
The graph below is a depreciation curve for 2018 JEEP COMPASS. 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 2018 JEEP COMPASS 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 | ||
---|---|---|---|---|---|---|
2018 MSRP | 0 mi | $28,090 | — | — | 100% | 0% |
2018 | 11,018 mi | $30,811 | −$2,721 | −9.69% | 109.69% | -9.69% |
2019 | 22,036 mi | $27,289 | +$3,522 | +11.43% | 97.15% | 2.85% |
2020 | 33,054 mi | $24,998 | +$2,291 | +8.4% | 88.99% | 11.01% |
2021 | 44,072 mi | $21,776 | +$3,222 | +12.89% | 77.52% | 22.48% |
2022 | 55,090 mi | $20,394 | +$1,382 | +6.35% | 72.6% | 27.4% |
2023 | 66,108 mi | $18,962 | +$1,432 | +7.02% | 67.5% | 32.5% |
2024 | 77,126 mi | $17,495 | +$1,467 | +7.74% | 62.28% | 37.72% |
2025 | 88,144 mi | $14,988 | +$2,507 | +14.33% | 53.36% | 46.64% |
2026 | 99,162 mi | $11,678 | +$3,310 | +22.08% | 41.57% | 58.43% |
2027 | 110,180 mi | $10,998 | +$680 | +5.82% | 39.15% | 60.85% |
2028 | 121,198 mi | $9,974 | +$1,024 | +9.31% | 35.51% | 64.49% |
2029 | 132,216 mi | $8,995 | +$979 | +9.82% | 32.02% | 67.98% |
2030 | 143,234 mi | $7,995 | +$1,000 | +11.12% | 28.46% | 71.54% |
2031 | 154,252 mi | $6,995 | +$1,000 | +12.51% | 24.9% | 75.1% |
2032 | 165,270 mi | $6,997 | −$2 | −0.03% | 24.91% | 75.09% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the JEEP COMPASS’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 2018 JEEP COMPASS. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 JEEP COMPASS by mileage and number of sales.
You can scroll the table horizontally to see all columns.
Mileage | Average Price | Sample Size |
---|---|---|
15,000 mi | $20,422 | 26 sales |
20,000 mi | $18,995 | 44 sales |
25,000 mi | $18,998 | 84 sales |
30,000 mi | $20,000 | 116 sales |
35,000 mi | $19,200 | 200 sales |
40,000 mi | $18,998 | 254 sales |
45,000 mi | $18,998 | 300 sales |
50,000 mi | $18,500 | 390 sales |
55,000 mi | $18,575 | 397 sales |
60,000 mi | $17,999 | 445 sales |
65,000 mi | $17,465 | 478 sales |
70,000 mi | $17,330 | 465 sales |
75,000 mi | $16,992 | 336 sales |
80,000 mi | $16,520 | 381 sales |
85,000 mi | $16,337 | 323 sales |
90,000 mi | $15,995 | 214 sales |
95,000 mi | $15,695 | 180 sales |
100,000 mi | $14,998 | 143 sales |
105,000 mi | $14,377 | 108 sales |
110,000 mi | $14,365 | 81 sales |
115,000 mi | $13,988 | 52 sales |
120,000 mi | $13,999 | 45 sales |
125,000 mi | $12,999 | 50 sales |
130,000 mi | $13,284 | 16 sales |
135,000 mi | $13,671 | 20 sales |
140,000 mi | $12,500 | 13 sales |
145,000 mi | $11,493 | 18 sales |
Frequently asked questions
Aftermarket modifications can affect the depreciation of 2018 JEEP COMPASS either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Proper maintenance and good condition can slow the depreciation of a 2018 JEEP COMPASS by making it more attractive to potential buyers, thereby preserving more of its value.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Depreciation directly affects the resale value of a 2018 JEEP COMPASS, with faster depreciating vehicles typically having lower resale values over time.
Other years of JEEP COMPASS
2008 JEEP COMPASS
$6,249 average used price
3,100+ sales records
2011 JEEP COMPASS
$6,995 average used price
12,100+ sales records
2012 JEEP COMPASS
$7,995 average used price
15,900+ sales records
2015 JEEP COMPASS
$10,998 average used price
32,000+ sales records
2019 JEEP COMPASS
$18,962 average used price
158,700+ sales records
2024 JEEP COMPASS
$30,811 average used price
5,300+ sales records
Similar Models
2016 JEEP RENEGADE
$28,990 MSRP
$14,000 average used price
78,100+ sales records
2017 JEEP PATRIOT
140+ sales records
2017 JEEP CHEROKEE
$24,500 MSRP
$16,068 average used price
113,400+ sales records
2018 JEEP WRANGLER
$52,795 MSRP
$29,788 average used price
144,200+ sales records
2020 JEEP WRANGLER
$52,795 MSRP
$32,996 average used price
92,400+ sales records
2020 JEEP RENEGADE
$28,990 MSRP
$19,850 average used price
64,500+ sales records