Chevrolet Silverado 2500HD Depreciation

A Chevrolet Silverado 2500HD will depreciate 41% after 5 years and have a 5 year resale value of $40,574.

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 $8,954 86.98% $59,816 12,000 2022
2 $15,047 78.12% $53,723 24,000 2023
3 $20,617 70.02% $48,153 36,000 2024
4 $26,992 60.75% $41,778 48,000 2025
5 $28,196 59.00% $40,574 60,000 2026
6 $32,191 53.19% $36,579 72,000 2027
7 $36,868 46.39% $31,902 84,000 2028
8 $42,754 37.83% $26,016 96,000 2029
9 $44,705 34.99% $24,065 108,000 2030
10 $46,510 32.37% $22,260 120,000 2031

Chevrolet Silverado 2500HD Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,954 86.98% $59,816
2 $15,047 78.12% $53,723
3 $20,617 70.02% $48,153
4 $26,992 60.75% $41,778
5 $28,196 59.00% $40,574
6 $32,191 53.19% $36,579
7 $36,868 46.39% $31,902
8 $42,754 37.83% $26,016
9 $44,705 34.99% $24,065
10 $46,510 32.37% $22,260

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 $15,047 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 $13,149. 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.

The Best Model Years to Buy a Chevrolet Silverado 2500HD

The 2017 Chevrolet Silverado 2500HD is our top pick for the best model year value for the Silverado 2500HD. With the 2017, you would only pay, on average, 61% of the price as new, with 67% of the vehicle's useful life remaining. The 2019 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 $550 $0 0% 100%
2020 $67,585 $59,418 $633 $9,352 13.6% 86.98% Good
2019 $65,216 $51,733 $788 $7,685 12.93% 78.12% Better
2018 $63,062 $45,183 $1,024 $6,550 12.66% 70.02% Better
2017 $63,913 $40,007 $1,179 $5,176 11.46% 60.75% Best
2016 $59,018 $34,821 $1,494 $5,186 12.96% 59%
2015 $58,003 $32,921 $2,068 $1,900 5.46% 53.19% Good
2014 $54,320 $27,538 $2,340 $5,383 16.35% 46.39%
2013 $55,300 $23,440 $2,521 $4,098 14.88% 37.83%
2012 $50,415 $22,026 $2,881 $1,414 6.03% 37.97%
2011 $48,660 $20,896 $2,959 $1,130 5.13% 36.86%
2010 $48,077 $18,519 $3,391 $2,377 11.38% 31.47%
2009 $47,105 $17,792 $4,003 $727 3.93% 29.27%
Year Price % Paid Value Rank
2021 $68,770 100%
2020 $59,418 86.98% Good
2019 $51,733 78.12% Better
2018 $45,183 70.02% Better
2017 $40,007 60.75% Best
2016 $34,821 59%
2015 $32,921 53.19% Good
2014 $27,538 46.39%
2013 $23,440 37.83%
2012 $22,026 37.97%
2011 $20,896 36.86%
2010 $18,519 31.47%
2009 $17,792 29.27%

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: