Chevrolet Suburban Depreciation

A Chevrolet Suburban will depreciate 44% after 5 years and have a 5 year resale value of $37,360.

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 $66,536 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 Calculator

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Chevrolet Suburban Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $14,751 77.83% $51,785 12,000 2022
2 $21,252 68.06% $45,284 24,000 2023
3 $22,542 66.12% $43,994 36,000 2024
4 $24,119 63.75% $42,417 48,000 2025
5 $29,176 56.15% $37,360 60,000 2026
6 $34,392 48.31% $32,144 72,000 2027
7 $43,861 34.08% $22,675 84,000 2028
8 $44,686 32.84% $21,850 96,000 2029
9 $46,688 29.83% $19,848 108,000 2030
10 $47,926 27.97% $18,610 120,000 2031

Chevrolet Suburban Depreciation

Years Old Depreciation Residual Value Resale Value
1 $14,751 77.83% $51,785
2 $21,252 68.06% $45,284
3 $22,542 66.12% $43,994
4 $24,119 63.75% $42,417
5 $29,176 56.15% $37,360
6 $34,392 48.31% $32,144
7 $43,861 34.08% $22,675
8 $44,686 32.84% $21,850
9 $46,688 29.83% $19,848
10 $47,926 27.97% $18,610

Buying a Chevrolet Suburban New vs Used

If you purchase a used Chevrolet Suburban that is 2 years old, then you could save $21,252 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 $7,924. 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 83% of the vehicle's useful life remaining. The 2020 and 2018 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
2021 $66,536 $66,536 $369 $0 0% 100%
2020 $65,220 $51,174 $416 $15,362 23.09% 77.83% Better
2019 $62,588 $43,101 $505 $8,073 15.78% 68.06% Best
2018 $60,279 $40,494 $640 $2,607 6.05% 66.12% Better
2017 $60,058 $39,012 $728 $1,482 3.66% 63.75% Good
2016 $59,520 $34,330 $908 $4,682 12% 56.15%
2015 $57,867 $29,189 $1,236 $5,141 14.98% 48.31%
2014 $52,966 $19,441 $1,392 $9,748 33.4% 34.08% Good
2013 $50,004 $17,916 $1,495 $1,525 7.84% 32.84%
2012 $48,412 $16,143 $1,700 $1,773 9.9% 29.83%
2011 $47,245 $14,960 $1,745 $1,183 7.33% 27.97%
2010 $46,446 $13,089 $1,992 $1,871 12.51% 23.89%
2009 $45,273 $12,071 $2,342 $1,018 7.78% 21.49%
Year Price % Paid Value Rank
2021 $66,536 100%
2020 $51,174 77.83% Better
2019 $43,101 68.06% Best
2018 $40,494 66.12% Better
2017 $39,012 63.75% Good
2016 $34,330 56.15%
2015 $29,189 48.31%
2014 $19,441 34.08% Good
2013 $17,916 32.84%
2012 $16,143 29.83%
2011 $14,960 27.97%
2010 $13,089 23.89%
2009 $12,071 21.49%

Chevrolet Suburban Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

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: