Chevrolet Tahoe Depreciation

A Chevrolet Tahoe will depreciate 47% after 5 years and have a 5 year resale value of $34,495.

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 $65,171 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 Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $20,379 68.73% $44,792 13,500 2021
2 $23,018 64.68% $42,153 27,000 2022
3 $24,139 62.96% $41,032 40,500 2023
4 $25,391 61.04% $39,780 54,000 2024
5 $30,676 52.93% $34,495 67,500 2025
6 $39,806 38.92% $25,365 81,000 2026
7 $42,270 35.14% $22,901 94,500 2027
8 $44,251 32.10% $20,920 108,000 2028
9 $45,978 29.45% $19,193 121,500 2029
10 $47,405 27.26% $17,766 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $20,379 68.73% $44,792
2 $23,018 64.68% $42,153
3 $24,139 62.96% $41,032
4 $25,391 61.04% $39,780
5 $30,676 52.93% $34,495
6 $39,806 38.92% $25,365
7 $42,270 35.14% $22,901
8 $44,251 32.10% $20,920
9 $45,978 29.45% $19,193
10 $47,405 27.26% $17,766

Chevrolet Tahoe Depreciation Calculator

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If you purchase a used Chevrolet Tahoe that is 2 years old, then you could save $23,018 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 $7,658. 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 Tahoe models become available.

The Best Model Years to Buy a Chevrolet Tahoe

The 2019 Chevrolet Tahoe is our top pick for the best model year value for the Tahoe. With the 2019, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 model years are also attractive years for the Tahoe, and provide a relatively good value. Our rankings consider multiple factors, including the Tahoe'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 Tahoe models.

Chevrolet Tahoe Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $65,171 $65,171 $236 $0 0% 100%
2019 $62,788 $43,436 $283 $21,735 33.35% 68.73% Best
2018 $60,660 $39,607 $372 $3,829 8.82% 64.68% Better
2017 $58,439 $37,299 $507 $2,308 5.83% 62.96% Better
2016 $55,915 $34,725 $595 $2,574 6.9% 61.04%
2015 $54,261 $29,497 $775 $5,228 15.06% 52.93%
2014 $49,679 $20,440 $1,103 $9,057 30.7% 38.92% Good
2013 $48,348 $18,249 $1,259 $2,191 10.72% 35.14% Good
2012 $45,756 $16,050 $1,362 $2,199 12.05% 32.1%
2011 $44,656 $14,718 $1,567 $1,332 8.3% 29.45%
2010 $43,857 $13,569 $1,612 $1,149 7.81% 27.26%
2008 $40,519 $10,895 $2,209 $0 0% 21.44%
Year Price % Paid Value Rank
2020 $65,171 100%
2019 $43,436 68.73% Best
2018 $39,607 64.68% Better
2017 $37,299 62.96% Better
2016 $34,725 61.04%
2015 $29,497 52.93%
2014 $20,440 38.92% Good
2013 $18,249 35.14% Good
2012 $16,050 32.1%
2011 $14,718 29.45%
2010 $13,569 27.26%
2008 $10,895 21.44%
Our Favorite Chevrolet Tahoe 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.