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

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author photo by Doug DeMuro August 2016

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.

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.

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Used 2015 Chevrolet Camaro SS Convertible
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$15,477
This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
The Camaro, the Mustang and the Challenger Are Holding Their Value Better Than Average - Autotrader