Cars / Dodge Hornet

Dodge Hornet depreciation in USA

A Dodge Hornet loses about 18.0% of its value per year in USA. Buy one new for $32,500 and after 3 years it's worth roughly $17,935 (55% retained); after 5 years, about $12,066 (37%). Driving more than ~12,000 miles/year pushes resale lower.

By USA standards the Dodge Hornet loses value a little faster than the market average, which is exactly what tips a buy-vs-rent decision one way or the other over a few years of ownership.

So should you buy it or rent it? At default assumptions the break-even long-term rental rate is about $783/month: rent below that and renting wins; above it, buying wins. Your price, financing, and mileage move this number, so run yours:

Estimated curve: calibrated model, not yet fitted from live listings

Buying wins · over 3 years

$0

cheaper than renting, all costs in.

Break-even rent: $783/month. Below that, rent; above it, buy.

Your deal
If you buy
If you rent
Cumulative net cost if you exit at month m; lower is better. Shaded band = resale-value uncertainty (10-90%).
010k20k30k1y2y3ybuying wins from month 20BuyingRenting

If you buy: $28,194 total

Down payment / cash price$32,500
Sales tax$2,275
Insurance$4,500
Registration$750
Maintenance$1,307
Opportunity cost of capital$3,900
Resale value (credit)−$17,038

Expected resale, net of selling costs: $17,038 (range $15,094 to $19,476)

If you rent: $33,120 total

Rental payments$33,120

Fuel and tolls are excluded on both sides; you pay them either way.

Dodge Hornet depreciation in USA, by the numbers

Estimated new price$32,500
Annual depreciation rate18.0% per year
Estimated value after 1 year $26,658 (82% retained)
Estimated value after 2 years $21,865 (67% retained)
Estimated value after 3 years $17,935 (55% retained)
Estimated value after 5 years $12,066 (37% retained)
Typical resale range at 3 years $15,889 to $20,502
Break-even rent (default assumptions) $783/month
Data behind this curve calibrated estimate · 52 data points · R² 0.96

Figures assume a new purchase at typical mileage. The calculator above lets you set your actual price, age, odometer, financing, and holding period.

Frequently asked

How much does a Dodge Hornet depreciate per year in USA?

Roughly 18.0% per year, based on our calibrated market model. Higher-than-average mileage accelerates the loss.

What will a Dodge Hornet be worth after 3 years?

Around 55% of what you paid, about $17,935 on a $32,500 car at typical mileage (with a realistic range either side; we show a 10-90% band, not a single false-precision number).

Should I buy or rent a Dodge Hornet in USA?

It hinges on the monthly rental rate you can get. At default assumptions (3 years, cash, 12,000 miles/year, 7% sales tax), the break-even is about $783/month: if you can rent below that, renting wins; above it, buying wins. Use the calculator to plug in your actual numbers.

Curve fit: calibrated estimate · n = 52 · R² = 0.96 · updated 2026-07-12 · methodology