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Chevrolet Tahoe Depreciation

A Chevrolet Tahoe will depreciate 33% after 5 years and have a 5 year resale value of $44,866.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $67,387 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Tahoe.

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Chevrolet Tahoe Depreciation Calculator

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Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $1,712 97.46% $65,675 12,000 2022
2 $15,445 77.08% $51,942 24,000 2023
3 $16,847 75.00% $50,540 36,000 2024
4 $18,114 73.12% $49,273 48,000 2025
5 $22,521 66.58% $44,866 60,000 2026
6 $25,001 62.90% $42,386 72,000 2027
7 $29,603 56.07% $37,784 84,000 2028
8 $39,293 41.69% $28,094 96,000 2029
9 $41,638 38.21% $25,749 108,000 2030
10 $42,669 36.68% $24,718 120,000 2031

Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,712 97.46% $65,675
2 $15,445 77.08% $51,942
3 $16,847 75.00% $50,540
4 $18,114 73.12% $49,273
5 $22,521 66.58% $44,866
6 $25,001 62.90% $42,386
7 $29,603 56.07% $37,784
8 $39,293 41.69% $28,094
9 $41,638 38.21% $25,749
10 $42,669 36.68% $24,718

Buying a Chevrolet Tahoe New vs Used

If you purchase a used Chevrolet Tahoe that is 2 years old, then you could save $15,445 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $7,076. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Tahoe models become available.

What About Chevrolet Tahoe Insurance Costs?

The average cost to insure a Chevrolet Tahoe is about $1,835 per year. This adds up to around $9,175 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Tahoe. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Chevrolet Tahoe

The 2020 Chevrolet Tahoe is our top pick for the best model year value for the Tahoe. With the 2020, you would only pay, on average, 77% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2019 model years are also attractive years for the Tahoe, and provide a relatively good value. Our rankings consider multiple factors, including the Tahoe's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Tahoe models.

Chevrolet Tahoe Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $67,387 $67,387 $361 $0 0% 100% Better
2021 $67,205 $65,910 $412 $1,477 2.19% 97.46% Good
2020 $65,171 $50,729 $493 $15,181 23.03% 77.08% Best
2019 $62,788 $47,091 $622 $3,638 7.17% 75% Better
2018 $60,660 $45,086 $729 $2,005 4.26% 73.12% Good
2017 $58,439 $39,807 $897 $5,279 11.71% 66.58%
2016 $55,915 $36,408 $1,240 $3,399 8.54% 62.9%
2015 $54,261 $31,798 $1,376 $4,610 12.66% 56.07%
2014 $49,679 $22,211 $1,502 $9,587 30.15% 41.69%
2013 $48,348 $20,162 $1,690 $2,049 9.23% 38.21%
2012 $45,756 $18,499 $1,714 $1,663 8.25% 36.68%
2011 $44,656 $16,223 $1,916 $2,276 12.3% 32.04%
2010 $43,857 $15,068 $2,207 $1,155 7.12% 29.32%
Year Price % Paid Value Rank
2022 $67,387 100% Better
2021 $65,910 97.46% Good
2020 $50,729 77.08% Best
2019 $47,091 75% Better
2018 $45,086 73.12% Good
2017 $39,807 66.58%
2016 $36,408 62.9%
2015 $31,798 56.07%
2014 $22,211 41.69%
2013 $20,162 38.21%
2012 $18,499 36.68%
2011 $16,223 32.04%
2010 $15,068 29.32%

Chevrolet Tahoe Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Tahoe ranks for Depreciation compared to other vehicles. Also check out how the Tahoe stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Tahoe Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Tahoe costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: