Chevrolet Express Depreciation

A Chevrolet Express will depreciate 55% after 5 years and have a 5 year resale value of $17,482.

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 $39,127 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 Express.

Chevrolet Express Depreciation Calculator

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Chevrolet Express Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $12,090 69.10% $27,037 12,000 2022
2 $14,794 62.19% $24,333 24,000 2023
3 $17,310 55.76% $21,817 36,000 2024
4 $20,710 47.07% $18,417 48,000 2025
5 $21,645 44.68% $17,482 60,000 2026
6 $21,911 44.00% $17,216 72,000 2027
7 $23,194 40.72% $15,933 84,000 2028
8 $24,627 37.06% $14,500 96,000 2029
9 $25,714 34.28% $13,413 108,000 2030
10 $26,019 33.50% $13,108 120,000 2031

Chevrolet Express Depreciation

Years Old Depreciation Residual Value Resale Value
1 $12,090 69.10% $27,037
2 $14,794 62.19% $24,333
3 $17,310 55.76% $21,817
4 $20,710 47.07% $18,417
5 $21,645 44.68% $17,482
6 $21,911 44.00% $17,216
7 $23,194 40.72% $15,933
8 $24,627 37.06% $14,500
9 $25,714 34.28% $13,413
10 $26,019 33.50% $13,108

Buying a Chevrolet Express New vs Used

If you purchase a used Chevrolet Express that is 2 years old, then you could save $14,794 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 $6,851. 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 Express models become available.

What About Chevrolet Express Insurance Costs?

The average cost to insure a Chevrolet Express is about $1,459 per year. This adds up to around $7,295 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 Express. 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 Express

The 2020 Chevrolet Express is our top pick for the best model year value for the Express. With the 2020, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Express, and provide a relatively good value. Our rankings consider multiple factors, including the Express'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 Express models.

Chevrolet Express Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $39,127 $39,127 $379 $0 0% 100%
2020 $38,490 $27,042 $446 $12,085 30.89% 69.1% Best
2019 $37,216 $23,698 $553 $3,344 12.37% 62.19% Better
2018 $36,089 $20,849 $725 $2,849 12.02% 55.76% Good
2017 $36,414 $18,007 $867 $2,842 13.63% 47.07% Better
2016 $36,089 $17,215 $1,091 $792 4.4% 44.68% Good
2015 $36,021 $15,849 $1,545 $1,366 7.93% 44%
2014 $36,571 $16,619 $1,726 +$770 -4.86% 40.72%
2013 $36,162 $15,297 $1,894 $1,322 7.95% 37.06%
2012 $35,612 $15,420 $2,144 +$123 -0.8% 37.28%
2011 $35,350 $14,020 $2,176 $1,400 9.08% 33.5%
2010 $34,253 $14,012 $2,443 $8 0.06% 33.78%
2009 $29,944 $12,597 $2,830 $1,415 10.1% 32.62%
Year Price % Paid Value Rank
2021 $39,127 100%
2020 $27,042 69.1% Best
2019 $23,698 62.19% Better
2018 $20,849 55.76% Good
2017 $18,007 47.07% Better
2016 $17,215 44.68% Good
2015 $15,849 44%
2014 $16,619 40.72%
2013 $15,297 37.06%
2012 $15,420 37.28%
2011 $14,020 33.5%
2010 $14,012 33.78%
2009 $12,597 32.62%

Chevrolet Express Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Chevrolet Express 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 Express 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: