GMC Sierra 3500HD Depreciation

A GMC Sierra 3500HD will depreciate 34% after 5 years and have a 5 year resale value of $49,328.

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 $74,558 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 GMC Sierra 3500HD.

GMC Sierra 3500HD Depreciation Calculator

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GMC Sierra 3500HD Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $1,939 97.40% $72,619 12,000 2022
2 $3,400 95.44% $71,158 24,000 2023
3 $11,340 84.79% $63,218 36,000 2024
4 $13,681 81.65% $60,877 48,000 2025
5 $25,230 66.16% $49,328 60,000 2026
6 $29,980 59.79% $44,578 72,000 2027
7 $30,569 59.00% $43,989 84,000 2028
8 $31,314 58.00% $43,244 96,000 2029
9 $50,662 32.05% $23,896 108,000 2030
10 $51,445 31.00% $23,113 120,000 2031

GMC Sierra 3500HD Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,939 97.40% $72,619
2 $3,400 95.44% $71,158
3 $11,340 84.79% $63,218
4 $13,681 81.65% $60,877
5 $25,230 66.16% $49,328
6 $29,980 59.79% $44,578
7 $30,569 59.00% $43,989
8 $31,314 58.00% $43,244
9 $50,662 32.05% $23,896
10 $51,445 31.00% $23,113

Buying a GMC Sierra 3500HD New vs Used

If you purchase a used GMC Sierra 3500HD that is 2 years old, then you could save $3,400 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 $21,830. 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 Sierra 3500HD models become available.

What About GMC Sierra 3500HD Insurance Costs?

The average cost to insure a GMC Sierra 3500HD is about $2,185 per year. This adds up to around $10,925 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 GMC Sierra 3500HD. 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

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The Best Model Years to Buy a GMC Sierra 3500HD

The 2021 GMC Sierra 3500HD is our top pick for the best model year value for the Sierra 3500HD. With the 2021, you would only pay, on average, 97% of the price as new, with 92% of the vehicle's useful life remaining. The 2013 and 2017 model years are also attractive years for the Sierra 3500HD, and provide a relatively good value. Our rankings consider multiple factors, including the Sierra 3500HD'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 GMC Sierra 3500HD models.

GMC Sierra 3500HD Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $74,558 $74,558 $479 $0 0% 100%
2021 $73,444 $72,090 $553 $2,468 3.31% 97.4% Best
2020 $73,760 $71,067 $670 $1,023 1.42% 95.44%
2019 $73,166 $62,896 $858 $8,171 11.5% 84.79% Good
2018 $72,636 $60,323 $1,014 $2,573 4.09% 81.65%
2017 $72,318 $49,108 $1,260 $11,215 18.59% 66.16% Better
2016 $72,832 $45,303 $1,758 $3,805 7.75% 59.79% Good
2015 $71,470 $42,167 $1,957 $3,136 6.92% 59%
2014 $66,284 $38,445 $2,141 $3,722 8.83% 58%
2013 $65,581 $23,436 $2,415 $15,009 39.04% 32.05% Better
2012 $64,936 $20,130 $2,450 $3,306 14.11% 31%
2011 $61,467 $18,440 $2,743 $1,690 8.4% 30%
2010 $59,194 $17,166 $3,168 $1,274 6.91% 29%
Year Price % Paid Value Rank
2022 $74,558 100%
2021 $72,090 97.4% Best
2020 $71,067 95.44%
2019 $62,896 84.79% Good
2018 $60,323 81.65%
2017 $49,108 66.16% Better
2016 $45,303 59.79% Good
2015 $42,167 59%
2014 $38,445 58%
2013 $23,436 32.05% Better
2012 $20,130 31%
2011 $18,440 30%
2010 $17,166 29%

GMC Sierra 3500HD Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the GMC Sierra 3500HD ranks for Depreciation compared to other vehicles. Also check out how the Sierra 3500HD stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other GMC Sierra 3500HD Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major GMC Sierra 3500HD 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: