Chevrolet Trax Depreciation

A Chevrolet Trax will depreciate 53% after 5 years and have a 5 year resale value of $12,651.

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 $26,753 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 $6,950 74.02% $19,803 13,500 2021
2 $8,513 68.18% $18,240 27,000 2022
3 $10,070 62.36% $16,683 40,500 2023
4 $12,288 54.07% $14,465 54,000 2024
5 $14,102 47.29% $12,651 67,500 2025
6 $16,172 39.55% $10,581 81,000 2026
7 $17,462 34.73% $9,291 94,500 2027
8 $18,548 30.67% $8,205 108,000 2028
9 $19,492 27.14% $7,261 121,500 2029
10 $20,477 23.46% $6,276 135,000 2030

Chevrolet Trax Depreciation

Years Old Depreciation Residual Value Resale Value
1 $6,950 74.02% $19,803
2 $8,513 68.18% $18,240
3 $10,070 62.36% $16,683
4 $12,288 54.07% $14,465
5 $14,102 47.29% $12,651
6 $16,172 39.55% $10,581
7 $17,462 34.73% $9,291
8 $18,548 30.67% $8,205
9 $19,492 27.14% $7,261
10 $20,477 23.46% $6,276

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 $8,513 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 $5,589. 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.

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: