Chevrolet Suburban Depreciation

A Chevrolet Suburban will depreciate 51% after 5 years and have a 5 year resale value of $31,716.

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 year. It also assumes a selling price of $65,220 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 Suburban.

Chevrolet Suburban Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $16,377 74.89% $48,843 13,500 2021
2 $22,586 65.37% $42,634 27,000 2022
3 $22,794 65.05% $42,426 40,500 2023
4 $27,751 57.45% $37,469 54,000 2024
5 $33,504 48.63% $31,716 67,500 2025
6 $42,700 34.53% $22,520 81,000 2026
7 $43,873 32.73% $21,347 94,500 2027
8 $45,537 30.18% $19,683 108,000 2028
9 $46,691 28.41% $18,529 121,500 2029
10 $48,706 25.32% $16,514 135,000 2030

Chevrolet Suburban Depreciation

Years Old Depreciation Residual Value Resale Value
1 $16,377 74.89% $48,843
2 $22,586 65.37% $42,634
3 $22,794 65.05% $42,426
4 $27,751 57.45% $37,469
5 $33,504 48.63% $31,716
6 $42,700 34.53% $22,520
7 $43,873 32.73% $21,347
8 $45,537 30.18% $19,683
9 $46,691 28.41% $18,529
10 $48,706 25.32% $16,514

Chevrolet Suburban Depreciation Calculator

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Current Price
Own it For
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If you purchase a used Chevrolet Suburban that is 2 years old, then you could save $22,586 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 $10,918. 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 2018 Chevrolet Suburban is our top pick for the best model year value for the Suburban. With the 2018, you would only pay, on average, 65% of the price as new, with 83% of the vehicle's useful life remaining. The 2019 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 $366 $0 0% 100%
2019 $62,588 $47,286 $414 $17,934 27.5% 74.89% Better
2018 $60,279 $39,906 $502 $7,380 15.61% 65.37% Best
2017 $60,058 $39,705 $637 $201 0.5% 65.05% Good
2016 $59,520 $34,923 $726 $4,782 12.04% 57.45%
2015 $57,867 $29,048 $906 $5,875 16.82% 48.63% Good
2014 $52,966 $19,523 $1,234 $9,525 32.79% 34.53% Better
2013 $50,004 $17,757 $1,389 $1,766 9.05% 32.73%
2012 $48,412 $16,106 $1,493 $1,651 9.3% 30.18%
2011 $47,245 $15,120 $1,698 $986 6.12% 28.41%
2010 $46,446 $13,504 $1,743 $1,616 10.69% 25.32%
2009 $45,273 $12,091 $1,989 $1,413 10.46% 22.31%
2008 $38,945 $11,028 $2,339 $1,063 8.79% 22.31%
Year Price % Paid Value Rank
2020 $65,220 100%
2019 $47,286 74.89% Better
2018 $39,906 65.37% Best
2017 $39,705 65.05% Good
2016 $34,923 57.45%
2015 $29,048 48.63% Good
2014 $19,523 34.53% Better
2013 $17,757 32.73%
2012 $16,106 30.18%
2011 $15,120 28.41%
2010 $13,504 25.32%
2009 $12,091 22.31%
2008 $11,028 22.31%

Other Chevrolet Suburban 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 Suburban 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: