GMC Sierra 3500HD Depreciation

A GMC Sierra 3500HD will depreciate 48% after 5 years and have a 5 year resale value of $38,354.

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 $74,057 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 $7,576 89.77% $66,481 12,000 2022
2 $20,432 72.41% $53,625 24,000 2023
3 $24,876 66.41% $49,181 36,000 2024
4 $29,223 60.54% $44,834 48,000 2025
5 $35,703 51.79% $38,354 60,000 2026
6 $39,324 46.90% $34,733 72,000 2027
7 $47,508 35.85% $26,549 84,000 2028
8 $48,137 35.00% $25,920 96,000 2029
9 $52,366 29.29% $21,691 108,000 2030
10 $53,321 28.00% $20,736 120,000 2031

GMC Sierra 3500HD Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,576 89.77% $66,481
2 $20,432 72.41% $53,625
3 $24,876 66.41% $49,181
4 $29,223 60.54% $44,834
5 $35,703 51.79% $38,354
6 $39,324 46.90% $34,733
7 $47,508 35.85% $26,549
8 $48,137 35.00% $25,920
9 $52,366 29.29% $21,691
10 $53,321 28.00% $20,736

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 $20,432 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 $15,271. 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 $1,835 per year. This adds up to around $9,175 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

The Best Model Years to Buy a GMC Sierra 3500HD

The 2019 GMC Sierra 3500HD is our top pick for the best model year value for the Sierra 3500HD. With the 2019, you would only pay, on average, 72% of the price as new, with 83% of the vehicle's useful life remaining. The 2018 and 2016 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
2021 $74,057 $74,057 $478 $0 0% 100%
2020 $73,760 $66,767 $552 $7,290 9.84% 89.77%
2019 $73,166 $53,649 $669 $13,118 19.65% 72.41% Best
2018 $72,636 $49,091 $857 $4,558 8.5% 66.41% Better
2017 $72,318 $44,797 $1,013 $4,294 8.75% 60.54% Good
2016 $72,832 $38,979 $1,259 $5,818 12.99% 51.79% Better
2015 $71,470 $35,274 $1,757 $3,705 9.51% 46.9%
2014 $66,284 $25,716 $1,956 $9,558 27.1% 35.85% Good
2013 $65,581 $22,953 $2,140 $2,763 10.74% 35%
2012 $64,936 $21,437 $2,414 $1,516 6.6% 29.29%
2011 $61,467 $17,211 $2,449 $4,226 19.71% 28%
2010 $59,194 $15,982 $2,742 $1,229 7.14% 27%
2009 $58,560 $15,226 $3,167 $756 4.73% 26%
Year Price % Paid Value Rank
2021 $74,057 100%
2020 $66,767 89.77%
2019 $53,649 72.41% Best
2018 $49,091 66.41% Better
2017 $44,797 60.54% Good
2016 $38,979 51.79% Better
2015 $35,274 46.9%
2014 $25,716 35.85% Good
2013 $22,953 35%
2012 $21,437 29.29%
2011 $17,211 28%
2010 $15,982 27%
2009 $15,226 26%

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: