Chevrolet Tahoe Depreciation

A Chevrolet Tahoe will depreciate 45% after 5 years and have a 5 year resale value of $35,714.

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 $65,171 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 Tahoe.

Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $16,762 74.28% $48,409 13,500 2021
2 $19,773 69.66% $45,398 27,000 2022
3 $21,096 67.63% $44,075 40,500 2023
4 $24,452 62.48% $40,719 54,000 2024
5 $29,457 54.80% $35,714 67,500 2025
6 $38,835 40.41% $26,336 81,000 2026
7 $41,182 36.81% $23,989 94,500 2027
8 $44,030 32.44% $21,141 108,000 2028
9 $44,799 31.26% $20,372 121,500 2029
10 $46,532 28.60% $18,639 135,000 2030

Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value
1 $16,762 74.28% $48,409
2 $19,773 69.66% $45,398
3 $21,096 67.63% $44,075
4 $24,452 62.48% $40,719
5 $29,457 54.80% $35,714
6 $38,835 40.41% $26,336
7 $41,182 36.81% $23,989
8 $44,030 32.44% $21,141
9 $44,799 31.26% $20,372
10 $46,532 28.60% $18,639

Chevrolet Tahoe Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Tahoe that is 2 years old, then you could save $19,773 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 $9,684. 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, 74% 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 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 $366 $0 0% 100%
2019 $62,788 $47,055 $413 $18,116 27.8% 74.28% Best
2018 $60,660 $42,759 $502 $4,296 9.13% 69.66% Better
2017 $58,439 $40,160 $637 $2,599 6.08% 67.63% Good
2016 $55,915 $35,664 $726 $4,496 11.2% 62.48%
2015 $54,261 $30,642 $906 $5,022 14.08% 54.8%
2014 $49,679 $21,308 $1,234 $9,334 30.46% 40.41% Better
2013 $48,348 $19,187 $1,389 $2,121 9.95% 36.81% Good
2012 $45,756 $16,334 $1,492 $2,853 14.87% 32.44%
2011 $44,656 $15,658 $1,698 $676 4.14% 31.26%
2010 $43,857 $14,288 $1,743 $1,370 8.75% 28.6%
2009 $42,637 $12,710 $1,989 $1,578 11.04% 25.14%
2008 $40,519 $11,860 $2,339 $850 6.69% 23.5%
Year Price % Paid Value Rank
2020 $65,171 100%
2019 $47,055 74.28% Best
2018 $42,759 69.66% Better
2017 $40,160 67.63% Good
2016 $35,664 62.48%
2015 $30,642 54.8%
2014 $21,308 40.41% Better
2013 $19,187 36.81% Good
2012 $16,334 32.44%
2011 $15,658 31.26%
2010 $14,288 28.6%
2009 $12,710 25.14%
2008 $11,860 23.5%

Other Chevrolet Tahoe 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 Tahoe 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: