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The Camaro, the Mustang and the Challenger Are Holding Their Value Better Than Average

The modern muscle cars — the Chevy Camaro, the Dodge Challenger and the Ford Mustang — are holding their value a lot better than the average car. So says Kelley Blue Book, whose residual value expert, Eric Ibara, noted the higher resale values. Find a Ford Mustang for sale or Find a Chevrolet Camaro for sale or Find a Dodge Challenger for sale

According to Kelley Blue Book, modern muscle cars are retaining just under 50 percent of their original value after 3 years. That’s a major boost over a normal car, which retains closer to 40 percent of its value over the same time period. The 10-point difference can be $2,000 to $3,000 on the used market — not a small figure.

"When the muscle-car renaissance began 10 years ago, a lot of people thought it would be a fad," said Ibara. "But their sales are strong, and values are holding up well."

There are a lot of possible reasons why muscle-car demand is high enough to justify the strong resale values. One is the recent round of low gas prices, which have contributed to shoppers prioritizing performance over fuel economy. Another is the fact that these models are priced competitively to begin with, even from new. And of course, there’s the bold design of the Camaro, the Mustang and the Challenger — and their excellent performance, which attracts a wide range of buyers.

"All the modern muscle cars have loyal followings," Ibara noted. Find a Ford Mustang for sale or Find a Chevrolet Camaro for sale or Find a Dodge Challenger for sale

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Doug Demuro
Doug DeMuro writes articles and makes videos, mainly about cars. Doug was born in Denver, Colorado, and received an economics degree from Emory University in Atlanta. After graduation, Doug spent three years working for Porsche Cars North America. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Doug’s work has been featured in a... Read More about Doug Demuro

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5 COMMENTS

  1. Thought I’d look up values on my 2011 Mustang GT premium, with 105K miles, to see how true all this was for it.

    Current dealer retail value is $17,700, which is just under 50% of original MSRP (I think $37,500). That’s pretty remarkable considering it’s now 6 years old and is probably in the top 10% of cars in terms of mileage.

    The same car, in V6 form, is worth $10,713 dealer retail according to Edmunds TMV. $7,000 difference is, I think, a bit higher of a difference between V6 and GT than it was brand new.

    So, it seems these numbers hold true even for beyond 3 year old cars.

  2. I really think any of the V-8 muscle cars will go up in value as Uncle imposes ever stricter emissions fatwas on us. I fully expect my R/T Challenger to be an anomaly in 10 years. I guess I better get to work on building my Gen 3 426 for it before the aftermarket parts are made illegal now that they have precedent with the whole Harley Davidson fiasco.

  3. I really think the values on the v8 models will be strong for awhile and may even eventually go up over time as more and more vehicles lose v8 engine options due to CAFE standards

    • I believe they are. If you could find a lower mileage 2013 Camaro SS for under $25k you are doing very good, with a relatively well optioned original MSRP of $40k, that is 62.5% after 3 years. Some models do even better, I own a low mileage 2011 1SS in Synergy Green, similar cars across the country have asking prices that average around $25k. At original purchase price of $33kish…that is about 75% value retained after nearly 6 years.

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