Chevrolet Suburban Depreciation

A Chevrolet Suburban will depreciate 53% after 5 years and have a 5 year resale value of $30,438.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per, and assumes a purchase price of $65,220 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Chevrolet Suburban Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $20,701 68.26% $44,519 13,500 2021
2 $23,329 64.23% $41,891 27,000 2022
3 $25,488 60.92% $39,732 40,500 2023
4 $27,888 57.24% $37,332 54,000 2024
5 $34,782 46.67% $30,438 67,500 2025
6 $43,632 33.10% $21,588 81,000 2026
7 $44,865 31.21% $20,355 94,500 2027
8 $46,561 28.61% $18,659 108,000 2028
9 $47,754 26.78% $17,466 121,500 2029
10 $49,195 24.57% $16,025 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $20,701 68.26% $44,519
2 $23,329 64.23% $41,891
3 $25,488 60.92% $39,732
4 $27,888 57.24% $37,332
5 $34,782 46.67% $30,438
6 $43,632 33.10% $21,588
7 $44,865 31.21% $20,355
8 $46,561 28.61% $18,659
9 $47,754 26.78% $17,466
10 $49,195 24.57% $16,025

Chevrolet Suburban Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Suburban that is 2 years old, then you could save $23,329 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 $11,453. 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 Suburban models become available.

The Best Model Years to Buy a Chevrolet Suburban

The 2019 Chevrolet Suburban is our top pick for the best model year value for the Suburban. With the 2019, you would only pay, on average, 68% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2014 model years are also attractive years for the Suburban, and provide a relatively good value. Our rankings consider multiple factors, including the Suburban'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 Suburban models.

Chevrolet Suburban Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $65,220 $65,220 $236 $0 0% 100%
2019 $62,588 $43,004 $283 $22,216 34.06% 68.26% Best
2018 $60,279 $39,092 $372 $3,912 9.1% 64.23% Better
2017 $60,058 $37,095 $507 $1,997 5.11% 60.92% Good
2016 $59,520 $34,662 $595 $2,433 6.56% 57.24%
2015 $57,867 $27,780 $775 $6,882 19.85% 46.67% Good
2014 $52,966 $18,634 $1,103 $9,146 32.92% 33.1% Better
2013 $50,004 $16,867 $1,259 $1,767 9.48% 31.21%
2012 $48,412 $15,213 $1,362 $1,654 9.81% 28.61%
2011 $47,245 $14,219 $1,567 $994 6.53% 26.78%
2010 $46,446 $13,022 $1,612 $1,197 8.42% 24.57%
2009 $45,273 $11,485 $1,859 $1,537 11.8% 21.26%
2008 $38,945 $10,574 $2,209 $911 7.93% 21.48%
Year Price % Paid Value Rank
2020 $65,220 100%
2019 $43,004 68.26% Best
2018 $39,092 64.23% Better
2017 $37,095 60.92% Good
2016 $34,662 57.24%
2015 $27,780 46.67% Good
2014 $18,634 33.1% Better
2013 $16,867 31.21%
2012 $15,213 28.61%
2011 $14,219 26.78%
2010 $13,022 24.57%
2009 $11,485 21.26%
2008 $10,574 21.48%
Our Favorite Chevrolet Suburban Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.