Depreciation
The depreciation graph and accompanying table on our page detail how the 2021 RAM 1500'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) 2021 RAM 1500 in 2021 was $59,235.
The average price for used 2021 RAM 1500 nowadays in 2024 is $37,500 which is 63% from the original price.
Estimated mileage driven per year is 12,165 miles.
The graph below is a depreciation curve for 2021 RAM 1500. 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 2021 RAM 1500 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 | ||
|---|---|---|---|---|---|---|
| 2021 MSRP | 0 mi | $59,235 | — | — | 100% | 0% |
| 2021 | 12,165 mi | $58,296 | +$939 | +1.59% | 98.41% | 1.59% |
| 2022 | 24,330 mi | $51,477 | +$6,819 | +11.7% | 86.9% | 13.1% |
| 2023 | 36,495 mi | $40,295 | +$11,182 | +21.72% | 68.03% | 31.97% |
| 2024 | 48,660 mi | $37,500 | +$2,795 | +6.94% | 63.31% | 36.69% |
| 2025 | 60,825 mi | $34,597 | +$2,903 | +7.74% | 58.41% | 41.59% |
| 2026 | 72,990 mi | $29,982 | +$4,615 | +13.34% | 50.62% | 49.38% |
| 2027 | 85,155 mi | $25,108 | +$4,874 | +16.26% | 42.39% | 57.61% |
| 2028 | 97,320 mi | $24,135 | +$973 | +3.88% | 40.74% | 59.26% |
| 2029 | 109,485 mi | $21,995 | +$2,140 | +8.87% | 37.13% | 62.87% |
| 2030 | 121,650 mi | $19,999 | +$1,996 | +9.07% | 33.76% | 66.24% |
| 2031 | 133,815 mi | $18,000 | +$1,999 | +10% | 30.39% | 69.61% |
| 2032 | 145,980 mi | $16,986 | +$1,014 | +5.63% | 28.68% | 71.32% |
| 2033 | 158,145 mi | $15,000 | +$1,986 | +11.69% | 25.32% | 74.68% |
| 2034 | 170,310 mi | $14,113 | +$887 | +5.91% | 23.83% | 76.17% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the RAM 1500’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 2021 RAM 1500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 RAM 1500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $44,598 | 45 sales |
| 10,000 mi | $43,836 | 124 sales |
| 15,000 mi | $42,300 | 290 sales |
| 20,000 mi | $40,896 | 516 sales |
| 25,000 mi | $39,800 | 762 sales |
| 30,000 mi | $39,545 | 930 sales |
| 35,000 mi | $38,401 | 846 sales |
| 40,000 mi | $38,799 | 679 sales |
| 45,000 mi | $38,284 | 565 sales |
| 50,000 mi | $35,950 | 415 sales |
| 55,000 mi | $33,982 | 388 sales |
| 60,000 mi | $31,285 | 418 sales |
| 65,000 mi | $29,995 | 293 sales |
| 70,000 mi | $30,900 | 163 sales |
| 75,000 mi | $32,261 | 126 sales |
| 80,000 mi | $31,948 | 88 sales |
| 85,000 mi | $32,900 | 71 sales |
| 90,000 mi | $30,000 | 67 sales |
| 95,000 mi | $32,240 | 52 sales |
| 100,000 mi | $28,196 | 37 sales |
| 105,000 mi | $26,913 | 26 sales |
| 110,000 mi | $28,300 | 11 sales |
| 115,000 mi | $28,875 | 11 sales |
| 120,000 mi | $27,135 | 10 sales |
| 130,000 mi | $25,995 | 11 sales |
Frequently asked questions
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.
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.
Depreciation directly affects the resale value of a 2021 RAM 1500, with faster depreciating vehicles typically having lower resale values over time.
Aftermarket modifications can affect the depreciation of 2021 RAM 1500 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
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.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Other years of RAM 1500
2012 RAM 1500
$15,000 average used price
93,200+ sales records
2015 RAM 1500
$19,999 average used price
165,100+ sales records
2018 RAM 1500
$25,108 average used price
237,800+ sales records
2019 RAM 1500
$29,982 average used price
533,300+ sales records
2023 RAM 1500
$51,477 average used price
11,300+ sales records
2024 RAM 1500
$58,296 average used price
8,600+ sales records
Similar Models
2019 RAM PROMASTER
$35,888 MSRP
$26,833 average used price
14,000+ sales records
2019 RAM 2500
$68,505 MSRP
$46,948 average used price
129,300+ sales records
2021 RAM TRADESMAN
340+ sales records
2022 RAM PROMASTER
$35,888 MSRP
$38,103 average used price
2,800+ sales records
2024 RAM 2500
$68,505 MSRP
$72,990 average used price
11,400+ sales records
2024 RAM PROMASTER
$35,888 MSRP
510+ sales records
2021 RAM 1500 on BADVIN
