Chevrolet Trax Depreciation

A Chevrolet Trax will depreciate 52% after 5 years and have a 5 year resale value of $12,815.

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 $26,882 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 Trax.

Chevrolet Trax Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,366 72.60% $19,516 12,000 2022
2 $10,729 60.09% $16,153 24,000 2023
3 $10,758 59.98% $16,124 36,000 2024
4 $12,118 54.92% $14,764 48,000 2025
5 $14,067 47.67% $12,815 60,000 2026
6 $15,355 42.88% $11,527 72,000 2027
7 $17,086 36.44% $9,796 84,000 2028
8 $18,124 32.58% $8,758 96,000 2029
9 $19,269 28.32% $7,613 108,000 2030
10 $19,815 26.29% $7,067 120,000 2031

Chevrolet Trax Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,366 72.60% $19,516
2 $10,729 60.09% $16,153
3 $10,758 59.98% $16,124
4 $12,118 54.92% $14,764
5 $14,067 47.67% $12,815
6 $15,355 42.88% $11,527
7 $17,086 36.44% $9,796
8 $18,124 32.58% $8,758
9 $19,269 28.32% $7,613
10 $19,815 26.29% $7,067

Chevrolet Trax Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Trax that is 2 years old, then you could save $10,729 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 $3,338. 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 Trax models become available.

The Best Model Years to Buy a Chevrolet Trax

The 2019 Chevrolet Trax is our top pick for the best model year value for the Trax. With the 2019, you would only pay, on average, 60% 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 Trax, and provide a relatively good value. Our rankings consider multiple factors, including the Trax'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 Trax models.

Chevrolet Trax Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $26,882 $26,882 $289 $0 0% 100%
2020 $26,753 $19,759 $337 $7,123 26.5% 72.6% Better
2019 $26,495 $16,348 $426 $3,411 17.26% 60.09% Best
2018 $24,402 $15,197 $560 $1,151 7.04% 59.98% Better
2017 $25,396 $14,597 $649 $600 3.95% 54.92% Good
2016 $24,582 $12,548 $829 $2,049 14.04% 47.67% Good
2015 $24,389 $11,616 $1,157 $932 7.43% 42.88%
Year Price % Paid Value Rank
2021 $26,882 100%
2020 $19,759 72.6% Better
2019 $16,348 60.09% Best
2018 $15,197 59.98% Better
2017 $14,597 54.92% Good
2016 $12,548 47.67% Good
2015 $11,616 42.88%

Other Chevrolet Trax 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 Trax 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: