Depreciation
The depreciation graph and accompanying table on our page detail how the 2022 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) 2022 JEEP COMPASS in 2022 was $28,090.
The average price for used 2022 JEEP COMPASS nowadays in 2024 is $24,998 which is 89% from the original price.
Estimated mileage driven per year is 11,018 miles.
The graph below is a depreciation curve for 2022 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 2022 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 | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $28,090 | — | — | 100% | 0% |
| 2022 | 11,018 mi | $30,811 | −$2,721 | −9.69% | 109.69% | -9.69% |
| 2023 | 22,036 mi | $27,289 | +$3,522 | +11.43% | 97.15% | 2.85% |
| 2024 | 33,054 mi | $24,998 | +$2,291 | +8.4% | 88.99% | 11.01% |
| 2025 | 44,072 mi | $21,776 | +$3,222 | +12.89% | 77.52% | 22.48% |
| 2026 | 55,090 mi | $20,394 | +$1,382 | +6.35% | 72.6% | 27.4% |
| 2027 | 66,108 mi | $18,962 | +$1,432 | +7.02% | 67.5% | 32.5% |
| 2028 | 77,126 mi | $17,495 | +$1,467 | +7.74% | 62.28% | 37.72% |
| 2029 | 88,144 mi | $14,988 | +$2,507 | +14.33% | 53.36% | 46.64% |
| 2030 | 99,162 mi | $11,678 | +$3,310 | +22.08% | 41.57% | 58.43% |
| 2031 | 110,180 mi | $10,998 | +$680 | +5.82% | 39.15% | 60.85% |
| 2032 | 121,198 mi | $9,974 | +$1,024 | +9.31% | 35.51% | 64.49% |
| 2033 | 132,216 mi | $8,995 | +$979 | +9.82% | 32.02% | 67.98% |
| 2034 | 143,234 mi | $7,995 | +$1,000 | +11.12% | 28.46% | 71.54% |
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 2022 JEEP COMPASS. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 JEEP COMPASS by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $26,998 | 74 sales |
| 5,000 mi | $26,998 | 499 sales |
| 10,000 mi | $26,446 | 872 sales |
| 15,000 mi | $25,900 | 980 sales |
| 20,000 mi | $24,998 | 882 sales |
| 25,000 mi | $24,695 | 698 sales |
| 30,000 mi | $23,998 | 497 sales |
| 35,000 mi | $23,910 | 330 sales |
| 40,000 mi | $22,995 | 214 sales |
| 45,000 mi | $22,789 | 95 sales |
| 50,000 mi | $21,988 | 83 sales |
| 55,000 mi | $21,970 | 77 sales |
| 60,000 mi | $22,987 | 38 sales |
| 65,000 mi | $20,950 | 21 sales |
Frequently asked questions
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.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Aftermarket modifications can affect the depreciation of 2022 JEEP COMPASS either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Other years of JEEP COMPASS
2008 JEEP COMPASS
$6,249 average used price
3,100+ sales records
2010 JEEP COMPASS
$6,997 average used price
3,700+ sales records
2012 JEEP COMPASS
$7,995 average used price
15,900+ sales records
2013 JEEP COMPASS
$8,995 average used price
9,700+ sales records
2014 JEEP COMPASS
$9,974 average used price
44,900+ sales records
2021 JEEP COMPASS
$21,776 average used price
76,500+ sales records
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2020 JEEP WRANGLER
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2022 JEEP GRAND CHEROKEE
$42,375 MSRP
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2024 JEEP GRAND CHEROKEE
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2024 JEEP WRANGLER
$52,795 MSRP
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2022 JEEP COMPASS on BADVIN
