The True Cost of Owning a Used Chrysler 300

Cost example updated October 24, 2026

Start with the price you will actually pay

For a representative example, use a used 2023 Chrysler 300 Touring with rear-wheel drive and the 3.6-liter V6 at $25,300. That is Kelley Blue Book's comparison price for a used 2023 Touring sedan. Edmunds puts the Touring's estimated market value a little higher, at $26,186, and recent listings sit in the same neighborhood, a Carfax listing at $25,777 and a dealer listing quoting a Kelley Blue Book fair-market range up to $27,644, so the example price sits at the low end of the range, not above it. The 300 ended production after the 2023 model year, so there is no new 300 to price: every 300 on the market is used, and the exact price depends on mileage, condition and history. Replace this starting point with a written quote for the exact car you are considering.

Buying used skips the steepest drop this car already took. New, the 2023 Touring carried a manufacturer's suggested retail price of $33,545 before the $1,595 destination charge, so the move from that sticker to a $25,300 used price is already about $8,245 of value gone before this example even starts. One small conflict, stated rather than settled: another source lists the 2023 Touring starting price at $34,295 rather than $33,545. Either way, the first owner absorbed the bigger fall; what remains for a used buyer is the slower, still-real slide covered below.

The down payment does not make the 300 cheaper; it changes how much you finance (borrow). With 10% down ($2,530), 8% APR (the yearly interest rate on the loan) and 60 months, and the 7% sales tax ($1,771) and $900 in title and dealer fees rolled into the loan, this example finances $25,441 at $516 a month, and the loan costs about $5,510 in interest over five years. This page keeps the site's standard 8% financing assumption so the number compares cleanly with other model pages, but used-car loans often run higher than new-car loans, so treat 8% as an example, not a quote: at 10% APR the same loan would cost $541 a month and $6,992 in interest, lifting the five-year total by $1,482. One more used-car check: the 300's basic factory warranty was 3 years or 36,000 miles, so a 2023 may be at or past it, confirm what, if anything, is left on the exact car before you count on warranty coverage.

Fuel: the V6 line item

The rear-wheel-drive V6 is rated 23 mpg combined (19 city, 30 highway). At 12,000 miles a year that is about 522 gallons annually, roughly $2,243 a year, $11,217 over five years at $4.30 a gallon, the AAA national average for regular gasoline on October 24, 2026 (AAA's own newsroom put it at $4.27 two days earlier, on October 22). Real-world results move with driving style and traffic: a heavy city mix drinks more than the combined rating.

The version to watch for: the all-wheel-drive V6 is listed at 21 mpg combined, which would burn about $12,286 of fuel over five years at the same gas price, roughly $1,069 more. The V8 versions drink more still, and this example does not price them. The method behind that math is in the EV vs. gas guide: miles divided by mpg, times price, times years.

Depreciation: the slide is slower now, not over

Depreciation is the value a vehicle loses over time. The headline figure for this car does not apply to a used buyer, and this page does not pretend it does: iSeeCars' analysis says a new Chrysler 300 keeps only about 53.8% of its value after five years, a 46.2% loss from the new sticker. That measures the new-car fall, which this example's first owner already took. What matters here is the next five years, from a $25,300 used price to whatever an 8-year-old 300 is worth in 2031.

That forward figure is built from what older 300s sell for today, not from the new-car percentage. Kelley Blue Book puts a 2018 Touring L's private-party value at $12,800 today, CarGurus puts the average 2018 listing near $14,900, and the 2020 model's median listing price fell from $25,506 at age three to $18,791 at age six. This example plans on a resale value near $15,000 after five years, between those older-car markers, which means about $10,300 of depreciation, roughly $172 a month. The honest alternative, stated rather than hidden: if resale lands at $12,800, today's 2018 private-party figure, depreciation is $12,500 and the five-year total rises to $48,398, about $807 a month. Run a second scenario with resale lower than you hope, so the decision does not depend on an optimistic used market.

Because every 300 is now used, condition carries more weight than trim. For 2018 models, CarGurus found only about 54% of listings accident-free, so a history report and a pre-purchase inspection matter more here than on a car you could still buy new.

Insurance runs above average for a sedan

Full-coverage averages for a Chrysler 300 range from about $164 a month (Insurify) to $223 a month (Compare.com), with Jerry at about $206 and InsuredBetter at about $196, and Jerry lists the Touring trim itself at about $197. This example uses $200 a month, or $12,000 over five years, inside that published range, near the middle. A financed car usually has to carry full coverage, so liability-only prices do not apply to this example. Premiums depend heavily on the driver, ZIP code, coverage and insurer, so get a quote on the exact car with matching deductibles (what you pay first on a claim) and limits before treating any average as yours.

Chrysler 300 maintenance costs: average, with older-car years ahead

RepairPal gives the 300 a reliability rating of 3.5 out of 5.0, ranking it 7th out of 12 full-size cars, with an average annual repair and maintenance cost of $631, about average for a full-size car, with repair visits less frequent than average but average severity when they happen. This example allows $900 a year, or $4,500 all-in for maintenance and repairs: above the $631 average on purpose, because this car spends the example's five years going from 3 years old to 8, past any remaining factory warranty, through brakes, tires and the wear items no average can predict for one specific car. A set of tires and a brake job inside five years are a realistic plan at 60,000 miles.

The full five-year example

Every figure below comes from the site's own calculator math. The stated inputs are: used 2023 Chrysler 300 Touring, rear-wheel drive, 3.6-liter V6, $25,300 price, 10% down ($2,530), 8% APR, 60 months, 7% sales tax, $900 in title and dealer fees, 12,000 miles per year, 23 mpg, $4.30 per gallon, $200 per month insurance, $900 per year maintenance, $15,000 resale value after five years. The sales tax and fees are rolled into the loan, so the amount financed is $25,441.

• Depreciation: $10,300 ($25,300 minus $15,000 resale)
• Insurance: $12,000 ($200 x 60 months)
• Fuel: $11,217 (12,000 / 23 x $4.30 x 5 years)
• Maintenance: $4,500 ($900 x 5 years)
• Tax, fees and interest: $8,181 ($1,771 sales tax, $900 fees, $5,510 loan interest)

That totals roughly $46,198, or about $770 a month. Notice what that says about the $516 payment: on this used sedan the payment is about 67% of the average month's true cost, during the loan years the cash actually going out is the payment plus insurance, fuel and upkeep, and depreciation is the value the car loses rather than cash out the door.

Formula

The five-year total is the sum of five buckets: depreciation, insurance, fuel, maintenance, and tax, fees and interest. Depreciation is the $25,300 price minus the $15,000 resale value after five years, which is $10,300. Insurance is $200 a month times 60 months, which is $12,000. Fuel is 12,000 miles a year divided by 23 miles per gallon, times $4.30 a gallon, times 5 years, which is about $11,217. Maintenance is $900 a year times 5 years, which is $4,500. Tax, fees and interest is 7% sales tax on $25,300, which is $1,771, plus $900 in title and dealer fees, plus about $5,510 of loan interest, which is $8,181.

Added together, $10,300 plus $12,000 plus $11,217 plus $4,500 plus $8,181 equals $46,198, or about $770 a month. The amount financed is the $25,300 price plus $1,771 sales tax plus $900 in fees, minus the $2,530 down payment, which is $25,441. The tax and fees are rolled into the loan. At 8% APR over 60 months, the payment on $25,441 is $516 a month, and the loan costs about $5,510 in interest over five years.

Why used-300 buyers should think past year five

With production ended, there will be no newer 300 to trade into, the choice at year five is keeping an 8-year-old sedan or moving to a different car entirely. The loan ends at year five, and the depreciation curve flattens as the car ages, which is where the economics can improve. The costs that arrive in years six through ten are the wear-and-repair years noted above. The keep it 10 years guide shows how to extend this same math honestly.

Shopping the 300 against other big sedans? The Car Showdown runs any two vehicles through the same five buckets side by side. For comparison, see the true cost of a Toyota Camry and the true cost of a Honda Accord, and the new vs. used guide for how a used purchase changes the math.

Buying in Texas? Texas adds its own layer to these numbers, a 6.25% sales tax, its own fees, and some of the highest insurance in the country. See the true cost of a car in Texas.

Calculation transparency

Jurisdiction. United States. Sales tax, titling, registration and insurance rules are set by your state, so your exact numbers depend on where you buy and register the car. The 7% sales tax and $900 in fees in this example are planning figures, not any one state's actual rates.

Rules and time period. Five years, 12,000 miles a year, gas at $4.30 a gallon (AAA national average, October 24, 2026), 8% APR, 60 months, 10% down. The resale value is a stated example assumption, not a forecast.

Scope and limitations. Educational estimate only. Insurance and maintenance are planning figures, not quotes. Get a real quote for the same trim, coverage and loan before you decide.

iSeeCars' current pages report about 52.4% of a new 300's value kept after five years, against the 53.8% figure from an earlier edition used here, so the 53.8% figure is kept as a planning assumption, not as a current reading.

Source links checked November 6, 2026. Figures: Kelley Blue Book 2023 Chrysler 300 values (updated regularly); EPA combined fuel economy, 23 mpg; Insurify Chrysler 300 average monthly insurance quote, $164; RepairPal 300 average annual repair cost, about $631.

Primary sources: Kelley Blue Book, 2023 Chrysler 300 depreciation; fueleconomy.gov, EPA fuel economy ratings; Insurify, Chrysler 300 car insurance; RepairPal, Chrysler 300 reliability. How the numbers are calculated is written down on the methodology page, and every source is listed on the sources page.

Definitions

Depreciation. The value a vehicle loses over time. On this page, the $25,300 price minus the $15,000 resale value after five years, which is $10,300.

Resale value. What the car is worth after five years in this example, $15,000, between the older-car markers on this page. A planning estimate, not a promise.

APR. Annual percentage rate, the yearly interest rate on the loan. This example uses 8%.

Down payment. The cash paid up front. It changes how much you finance (borrow). Here it is 10%, or $2,530.

Comparison price. Kelley Blue Book's comparison price for a used 2023 Touring sedan. The $25,300 price in this example is that figure.

Combined mpg. The EPA city and highway ratings blended into one figure. It is 23 for the rear-wheel-drive V6, 19 in the city and 30 on the highway.

Full coverage. Insurance that covers damage to your own car as well as damage to others. A financed car usually has to carry full coverage, so liability-only prices do not apply to this example. This example uses $200 a month.

Reliability rating. RepairPal gives the 300 a reliability rating of 3.5 out of 5.0, ranking it 7th out of 12 full-size cars, with an average annual repair and maintenance cost of $631.

Questions people actually ask

How much does a used Chrysler 300 cost per month?

About $770 a month over five years in the example on this page. The loan payment alone is $516 a month, insurance, fuel and upkeep sit on top of that during the loan years, and depreciation is the value the car loses rather than cash out the door.

How much does a Chrysler 300 cost to own for 5 years?

About $46,198 over five years for a used 2023 Touring at $25,300, using the assumptions on this page: 10% down, 8% APR, 60 months, 7% sales tax, 12,000 miles a year and $4.30-a-gallon gas.

What is the gas mileage of a Chrysler 300?

The rear-wheel-drive V6 is rated 23 mpg combined (19 city, 30 highway). The all-wheel-drive V6 is listed at 21 mpg combined, and the V8 versions are rated lower.

How much does insurance cost for a Chrysler 300?

Published full-coverage averages range from about $164 to $223 a month depending on the source. This example uses $200 a month, or $12,000 over five years. Your own quote depends on the driver, ZIP code, coverage and insurer.

Does a Chrysler 300 hold its value?

Weakly from new, and still sliding as a used car. iSeeCars' analysis says a new 300 keeps only about 53.8% of its value after five years. This example plans on a used 2023 Touring falling from $25,300 to about $15,000 over the next five years, about $10,300 of depreciation, based on what older 300s sell for today, so treat that resale figure as a planning estimate, not a promise.

Related: See the Chevrolet Impala, another full size sedan with the same honest math

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