Chevrolet Tahoe Depreciation

A Chevrolet Tahoe will depreciate 48% after 5 years and have a 5 year resale value of $39,198.

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 $74,919 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 Calculator

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Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,586 88.54% $66,333 12,000 2025
2 $9,410 87.44% $65,509 24,000 2026
3 $16,078 78.54% $58,841 36,000 2027
4 $32,522 56.59% $42,397 48,000 2028
5 $35,721 52.32% $39,198 60,000 2029
6 $37,782 49.57% $37,137 72,000 2030
7 $40,074 46.51% $34,845 84,000 2031
8 $41,902 44.07% $33,017 96,000 2032
9 $45,169 39.71% $29,750 108,000 2033
10 $52,016 30.57% $22,903 120,000 2034

Chevrolet Tahoe Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,586 88.54% $66,333
2 $9,410 87.44% $65,509
3 $16,078 78.54% $58,841
4 $32,522 56.59% $42,397
5 $35,721 52.32% $39,198
6 $37,782 49.57% $37,137
7 $40,074 46.51% $34,845
8 $41,902 44.07% $33,017
9 $45,169 39.71% $29,750
10 $52,016 30.57% $22,903

Buying a Chevrolet Tahoe New vs Used

If you purchase a used Chevrolet Tahoe that is 2 years old, then you could save $9,410 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 $26,311. 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.

What About Chevrolet Tahoe Insurance Costs?

The average cost to insure a Chevrolet Tahoe is about $2,426 per year. This adds up to around $12,130 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Tahoe. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Chevrolet Tahoe

The 2020 Chevrolet Tahoe is our top pick for the best model year value for the Tahoe. With the 2020, you would only pay, on average, 57% of the price as new, with 67% of the vehicle's useful life remaining. The 2019 and 2023 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
2024 $74,919 $74,919 $409 $0 0% 100%
2023 $73,790 $65,332 $474 $9,587 12.8% 88.54% Better
2022 $67,387 $58,922 $577 $6,410 9.81% 87.44%
2021 $67,205 $52,780 $742 $6,142 10.42% 78.54% Good
2020 $65,171 $36,878 $878 $15,902 30.13% 56.59% Best
2019 $62,788 $32,848 $1,092 $4,030 10.93% 52.32% Better
2018 $60,660 $30,069 $1,259 $2,779 8.46% 49.57% Good
2017 $58,439 $27,178 $1,323 $2,891 9.61% 46.51%
2016 $55,915 $24,642 $1,366 $2,536 9.33% 44.07%
2015 $54,261 $21,548 $1,424 $3,094 12.56% 39.71%
2014 $49,679 $15,189 $1,508 $6,359 29.51% 30.57%
2013 $48,348 $14,003 $1,640 $1,186 7.81% 28.96%
2012 $45,756 $13,100 $1,768 $903 6.45% 28.63%
Year Price % Paid Value Rank
2024 $74,919 100%
2023 $65,332 88.54% Better
2022 $58,922 87.44%
2021 $52,780 78.54% Good
2020 $36,878 56.59% Best
2019 $32,848 52.32% Better
2018 $30,069 49.57% Good
2017 $27,178 46.51%
2016 $24,642 44.07%
2015 $21,548 39.71%
2014 $15,189 30.57%
2013 $14,003 28.96%
2012 $13,100 28.63%

Chevrolet Tahoe Depreciation Rankings


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

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:

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