Depreciation
The depreciation graph and accompanying table on our page detail how the 2024 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) 2024 RAM PROMASTER in 2024 was $35,888.
The average price for used 2024 RAM PROMASTER nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 15,680 miles.
The graph below is a depreciation curve for 2024 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 2024 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 | ||
|---|---|---|---|---|---|---|
| 2024 MSRP | 0 mi | $35,888 | — | — | 100% | 0% |
| 2024 | 15,680 mi | $57,950 | −$22,062 | −61.47% | 161.47% | -61.47% |
| 2025 | 31,360 mi | $40,850 | +$17,100 | +29.51% | 113.83% | -13.83% |
| 2026 | 47,040 mi | $38,103 | +$2,747 | +6.72% | 106.17% | -6.17% |
| 2027 | 62,720 mi | $31,665 | +$6,438 | +16.9% | 88.23% | 11.77% |
| 2028 | 78,400 mi | $27,890 | +$3,775 | +11.92% | 77.71% | 22.29% |
| 2029 | 94,080 mi | $26,833 | +$1,057 | +3.79% | 74.77% | 25.23% |
| 2030 | 109,760 mi | $23,993 | +$2,840 | +10.58% | 66.86% | 33.14% |
| 2031 | 125,440 mi | $21,978 | +$2,015 | +8.4% | 61.24% | 38.76% |
| 2032 | 141,120 mi | $20,493 | +$1,485 | +6.76% | 57.1% | 42.9% |
| 2033 | 156,800 mi | $22,995 | −$2,502 | −12.21% | 64.07% | 35.93% |
| 2034 | 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 2024 RAM PROMASTER. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2024 RAM PROMASTER by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
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.
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.
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.
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.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of RAM PROMASTER
2016 RAM PROMASTER
$20,493 average used price
4,300+ sales records
2017 RAM PROMASTER
$21,978 average used price
7,200+ sales records
2018 RAM PROMASTER
$23,993 average used price
7,500+ sales records
2019 RAM PROMASTER
$26,833 average used price
14,000+ sales records
2021 RAM PROMASTER
$31,665 average used price
8,400+ sales records
2022 RAM PROMASTER
$38,103 average used price
2,800+ sales records
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