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Chevrolet Express Depreciation

A Chevrolet Express will depreciate 20% after 5 years and have a 5 year resale value of $39,218.

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 $48,772 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.

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Chevrolet Express Depreciation Calculator

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Chevrolet Express Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,809 92.19% $44,963 12,000 2022
2 $5,848 88.01% $42,924 24,000 2023
3 $6,828 86.00% $41,944 36,000 2024
4 $7,804 84.00% $40,968 48,000 2025
5 $9,554 80.41% $39,218 60,000 2026
6 $18,489 62.09% $30,283 72,000 2027
7 $23,308 52.21% $25,464 84,000 2028
8 $26,117 46.45% $22,655 96,000 2029
9 $26,825 45.00% $21,947 108,000 2030
10 $27,312 44.00% $21,460 120,000 2031

Chevrolet Express Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,809 92.19% $44,963
2 $5,848 88.01% $42,924
3 $6,828 86.00% $41,944
4 $7,804 84.00% $40,968
5 $9,554 80.41% $39,218
6 $18,489 62.09% $30,283
7 $23,308 52.21% $25,464
8 $26,117 46.45% $22,655
9 $26,825 45.00% $21,947
10 $27,312 44.00% $21,460

Buying a Chevrolet Express New vs Used

If you purchase a used Chevrolet Express that is 2 years old, then you could save $5,848 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 $3,706. 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 $1,489 per year. This adds up to around $7,445 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 2022 Chevrolet Express is our top pick for the best model year value for the Express. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2020 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
2022 $48,772 $48,772 $398 $0 0% 100% Best
2021 $45,610 $42,515 $466 $6,257 12.83% 92.19% Better
2020 $41,490 $37,090 $573 $5,425 12.76% 88.01% Better
2019 $37,216 $32,006 $744 $5,084 13.71% 86%
2018 $36,089 $30,315 $886 $1,691 5.28% 84%
2017 $36,414 $30,391 $1,110 +$76 -0.25% 80.41%
2016 $36,089 $23,972 $1,565 $6,419 21.12% 62.09% Good
2015 $36,021 $20,553 $1,745 $3,419 14.26% 52.21% Good
2014 $36,571 $18,901 $1,913 $1,652 8.04% 46.45%
2013 $36,162 $16,273 $2,163 $2,628 13.9% 45%
2012 $35,612 $15,669 $2,195 $604 3.71% 44%
2011 $35,350 $15,201 $2,462 $468 2.99% 43%
2010 $34,253 $14,386 $2,849 $815 5.36% 42%
Year Price % Paid Value Rank
2022 $48,772 100% Best
2021 $42,515 92.19% Better
2020 $37,090 88.01% Better
2019 $32,006 86%
2018 $30,315 84%
2017 $30,391 80.41%
2016 $23,972 62.09% Good
2015 $20,553 52.21% Good
2014 $18,901 46.45%
2013 $16,273 45%
2012 $15,669 44%
2011 $15,201 43%
2010 $14,386 42%

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: