Chevrolet Silverado 2500HD Depreciation

A Chevrolet Silverado 2500HD will depreciate 45% after 5 years and have a 5 year resale value of $38,091.

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 $68,770 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 Silverado 2500HD.

Chevrolet Silverado 2500HD Depreciation Calculator

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Chevrolet Silverado 2500HD Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,360 86.39% $59,410 12,000 2022
2 $16,986 75.30% $51,784 24,000 2023
3 $21,044 69.40% $47,726 36,000 2024
4 $27,591 59.88% $41,179 48,000 2025
5 $30,679 55.39% $38,091 60,000 2026
6 $33,374 51.47% $35,396 72,000 2027
7 $36,895 46.35% $31,875 84,000 2028
8 $43,236 37.13% $25,534 96,000 2029
9 $43,999 36.02% $24,771 108,000 2030
10 $44,700 35.00% $24,070 120,000 2031

Chevrolet Silverado 2500HD Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,360 86.39% $59,410
2 $16,986 75.30% $51,784
3 $21,044 69.40% $47,726
4 $27,591 59.88% $41,179
5 $30,679 55.39% $38,091
6 $33,374 51.47% $35,396
7 $36,895 46.35% $31,875
8 $43,236 37.13% $25,534
9 $43,999 36.02% $24,771
10 $44,700 35.00% $24,070

Buying a Chevrolet Silverado 2500HD New vs Used

If you purchase a used Chevrolet Silverado 2500HD that is 2 years old, then you could save $16,986 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 $13,693. 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 Silverado 2500HD models become available.

What About Chevrolet Silverado 2500HD Insurance Costs?

The average cost to insure a Chevrolet Silverado 2500HD is about $1,756 per year. This adds up to around $8,780 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 Silverado 2500HD. 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 Silverado 2500HD

The 2019 Chevrolet Silverado 2500HD is our top pick for the best model year value for the Silverado 2500HD. With the 2019, you would only pay, on average, 75% of the price as new, with 83% of the vehicle's useful life remaining. The 2017 and 2018 model years are also attractive years for the Silverado 2500HD, and provide a relatively good value. Our rankings consider multiple factors, including the Silverado 2500HD'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 Silverado 2500HD models.

Chevrolet Silverado 2500HD Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $68,770 $68,770 $514 $0 0% 100%
2020 $67,585 $58,987 $599 $9,783 14.23% 86.39% Good
2019 $65,216 $49,839 $733 $9,148 15.51% 75.3% Best
2018 $63,062 $44,714 $947 $5,125 10.28% 69.4% Better
2017 $63,913 $39,399 $1,126 $5,315 11.89% 59.88% Better
2016 $59,018 $36,994 $1,407 $2,405 6.1% 60.3%
2015 $58,003 $31,828 $1,976 $5,166 13.96% 51.47% Good
2014 $54,320 $27,380 $2,203 $4,448 13.98% 46.35%
2013 $55,300 $22,947 $2,413 $4,433 16.19% 37.13%
2012 $50,415 $20,884 $2,726 $2,063 8.99% 36.02%
2011 $48,660 $17,031 $2,766 $3,853 18.45% 35%
2010 $48,077 $18,649 $3,101 +$1,618 -9.5% 32.34%
2009 $47,105 $16,897 $3,586 $1,752 9.39% 28.26%
Year Price % Paid Value Rank
2021 $68,770 100%
2020 $58,987 86.39% Good
2019 $49,839 75.3% Best
2018 $44,714 69.4% Better
2017 $39,399 59.88% Better
2016 $36,994 60.3%
2015 $31,828 51.47% Good
2014 $27,380 46.35%
2013 $22,947 37.13%
2012 $20,884 36.02%
2011 $17,031 35%
2010 $18,649 32.34%
2009 $16,897 28.26%

Chevrolet Silverado 2500HD Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Silverado 2500HD ranks for Depreciation compared to other vehicles. Also check out how the Silverado 2500HD stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Silverado 2500HD 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 Silverado 2500HD 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: