Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 RAM PROMASTER'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 RAM PROMASTER in 2018 was $35,888.
The average price for used 2018 RAM PROMASTER nowadays in 2024 is $23,993 which is 67% from the original price.
Estimated mileage driven per year is 15,680 miles.
The graph below is a depreciation curve for 2018 RAM PROMASTER. 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 RAM PROMASTER 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 | $35,888 | — | — | 100% | 0% |
| 2018 | 15,680 mi | $57,950 | −$22,062 | −61.47% | 161.47% | -61.47% |
| 2019 | 31,360 mi | $40,850 | +$17,100 | +29.51% | 113.83% | -13.83% |
| 2020 | 47,040 mi | $38,103 | +$2,747 | +6.72% | 106.17% | -6.17% |
| 2021 | 62,720 mi | $31,665 | +$6,438 | +16.9% | 88.23% | 11.77% |
| 2022 | 78,400 mi | $27,890 | +$3,775 | +11.92% | 77.71% | 22.29% |
| 2023 | 94,080 mi | $26,833 | +$1,057 | +3.79% | 74.77% | 25.23% |
| 2024 | 109,760 mi | $23,993 | +$2,840 | +10.58% | 66.86% | 33.14% |
| 2025 | 125,440 mi | $21,978 | +$2,015 | +8.4% | 61.24% | 38.76% |
| 2026 | 141,120 mi | $20,493 | +$1,485 | +6.76% | 57.1% | 42.9% |
| 2027 | 156,800 mi | $22,995 | −$2,502 | −12.21% | 64.07% | 35.93% |
| 2028 | 172,480 mi | $19,697 | +$3,298 | +14.34% | 54.88% | 45.12% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the RAM PROMASTER’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 RAM PROMASTER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 RAM PROMASTER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $33,995 | 50 sales |
| 5,000 mi | $36,850 | 191 sales |
| 10,000 mi | $33,617 | 192 sales |
| 15,000 mi | $32,495 | 191 sales |
| 20,000 mi | $33,000 | 181 sales |
| 25,000 mi | $35,000 | 238 sales |
| 30,000 mi | $32,140 | 278 sales |
| 35,000 mi | $32,973 | 302 sales |
| 40,000 mi | $32,488 | 359 sales |
| 45,000 mi | $34,988 | 383 sales |
| 50,000 mi | $33,998 | 407 sales |
| 55,000 mi | $35,000 | 453 sales |
| 60,000 mi | $33,500 | 380 sales |
| 65,000 mi | $31,995 | 307 sales |
| 70,000 mi | $30,900 | 221 sales |
| 75,000 mi | $29,990 | 254 sales |
| 80,000 mi | $27,944 | 178 sales |
| 85,000 mi | $27,938 | 150 sales |
| 90,000 mi | $28,250 | 160 sales |
| 95,000 mi | $25,995 | 163 sales |
| 100,000 mi | $26,998 | 138 sales |
| 105,000 mi | $26,995 | 130 sales |
| 110,000 mi | $24,982 | 99 sales |
| 115,000 mi | $25,894 | 112 sales |
| 120,000 mi | $25,220 | 75 sales |
| 125,000 mi | $25,450 | 88 sales |
| 130,000 mi | $24,733 | 80 sales |
| 135,000 mi | $24,000 | 46 sales |
| 140,000 mi | $23,985 | 48 sales |
| 145,000 mi | $23,740 | 42 sales |
| 150,000 mi | $25,493 | 26 sales |
| 155,000 mi | $22,222 | 33 sales |
| 160,000 mi | $20,499 | 32 sales |
| 165,000 mi | $22,989 | 29 sales |
| 175,000 mi | $20,000 | 15 sales |
| 180,000 mi | $21,957 | 17 sales |
| 185,000 mi | $18,997 | 20 sales |
| 195,000 mi | $19,244 | 10 sales |
| 220,000 mi | $16,692 | 11 sales |
Frequently asked questions
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.
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.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Other years of RAM PROMASTER
2015 RAM PROMASTER
$22,995 average used price
4,000+ sales records
2016 RAM PROMASTER
$20,493 average used price
4,300+ sales records
2019 RAM PROMASTER
$26,833 average used price
14,000+ sales records
2020 RAM PROMASTER
$27,890 average used price
9,500+ sales records
2021 RAM PROMASTER
$31,665 average used price
8,400+ sales records
2024 RAM PROMASTER
510+ sales records
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2017 RAM 1500
$59,235 MSRP
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2018 RAM TRADESMAN
1,010+ sales records
2019 RAM 1500
$59,235 MSRP
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2018 RAM PROMASTER on BADVIN
