Whats a 2016 Dodge Durango worth?
The value of a 2016 Dodge Durango can vary depending on factors such as mileage, condition, and location. On average, a 2016 Dodge Durango in good condition with average mileage can be worth between $20,000 to $30,000 in the used car market.
Factors Affecting the Value of a 2016 Dodge Durango
The value of a 2016 Dodge Durango is influenced by several key factors:
- Mileage: Vehicles with lower mileage tend to have higher resale values. A 2016 Durango with under 50,000 miles will generally be worth more than one with over 100,000 miles.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value. Well-maintained Durangos in excellent condition will command higher prices.
- Location: The geographic region where the vehicle is sold can impact its value. Prices may vary based on local market demand and supply.
- Trim Level and Options: Higher-end trim levels and additional features, such as all-wheel drive or premium audio systems, can increase the value of a 2016 Dodge Durango.
It's important to note that the value of a 2016 Dodge Durango can also be influenced by broader market conditions, such as the overall supply and demand for used vehicles, as well as any recalls or known issues associated with the model.
Researching the Value of a 2016 Dodge Durango
To get a more accurate estimate of the value of a specific 2016 Dodge Durango, it's recommended to consult online resources such as Kelley Blue Book, Edmunds, or NADA Guides. These websites allow you to input the vehicle's details, such as mileage, condition, and location, to provide a more personalized valuation.
Additionally, checking the prices of similar 2016 Dodge Durangos listed for sale in your local area can give you a better sense of the current market value for the vehicle you're interested in.
What is considered high mileage on a Dodge Durango?
On average, a well-maintained Dodge Durango can last anywhere from 150,000 miles to 300,000 miles, depending on several factors like driving habits, climate, and maintenance routines. If properly maintained, some owners report their Durangos lasting well over 300,000 miles.
How long will a 2016 Dodge Durango last?
200,000 to 250,000 miles
The Dodge Durango usually lasts from 200,000 to 250,000 miles when properly maintained. Data from the Department of Transportation reveals that, on average, car owners in the U.S. drive 13,476 miles per year. That suggests your Durango could last 14 to 18 years, depending on your driving style and range.
Do durangos have good resale value?
Overall, while the Durango may not have the highest resale value compared to some competitors, it can still perform reasonably well in the used car market, especially if it's a desirable model with good maintenance history.
Are Dodge Durangos cheap to fix?
The average annual repair cost for a Dodge is $634, which means it has above average ownership costs.
How much is a 2016 Dodge Durango worth?
2016 Dodge Durango Value - $6,996-$18,824 | Edmunds.
What is the fair market value of a Dodge Durango?
Update chart
| Year | Avg Price | 30 days |
|---|---|---|
| 2019 Durango | $22,345 | -2.1% |
| 2020 Durango | $25,251 | -0.5% |
| 2021 Durango | $31,765 | -0.3% |
| 2022 Durango | $32,546 | -0.1% |
