GMC Terrain Depreciation

A GMC Terrain will depreciate 54% after 5 years and have a 5 year resale value of $16,157.

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, and assumes a purchase price of $35,033 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

GMC Terrain Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,727 69.38% $24,306 13,500 2021
2 $11,042 68.48% $23,991 27,000 2022
3 $13,207 62.30% $21,826 40,500 2023
4 $15,425 55.97% $19,608 54,000 2024
5 $18,876 46.12% $16,157 67,500 2025
6 $21,370 39.00% $13,663 81,000 2026
7 $23,462 33.03% $11,571 94,500 2027
8 $24,397 30.36% $10,636 108,000 2028
9 $25,294 27.80% $9,739 121,500 2029
10 $25,910 26.04% $9,123 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,727 69.38% $24,306
2 $11,042 68.48% $23,991
3 $13,207 62.30% $21,826
4 $15,425 55.97% $19,608
5 $18,876 46.12% $16,157
6 $21,370 39.00% $13,663
7 $23,462 33.03% $11,571
8 $24,397 30.36% $10,636
9 $25,294 27.80% $9,739
10 $25,910 26.04% $9,123

GMC Terrain Depreciation Calculator

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If you purchase a used GMC Terrain that is 2 years old, then you could save $11,042 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 $7,834. 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 Terrain models become available.

The Best Model Years to Buy a GMC Terrain

The 2019 GMC Terrain is our top pick for the best model year value for the Terrain. With the 2019, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 model years are also attractive years for the Terrain, and provide a relatively good value. Our rankings consider multiple factors, including the Terrain'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 Terrain models.

GMC Terrain Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $35,033 $35,033 $206 $0 0% 100%
2019 $32,657 $22,905 $248 $12,128 34.62% 69.38% Best
2018 $30,626 $21,299 $325 $1,606 7.01% 68.48% Better
2017 $29,568 $18,866 $444 $2,433 11.42% 62.3% Better
2016 $29,471 $17,015 $521 $1,851 9.81% 55.97%
2015 $30,160 $14,588 $679 $2,427 14.26% 46.12% Good
2014 $30,893 $13,014 $966 $1,574 10.79% 39% Good
2013 $30,737 $11,253 $1,102 $1,761 13.53% 33.03%
2012 $28,553 $9,862 $1,192 $1,391 12.36% 30.36%
2011 $27,374 $8,983 $1,372 $879 8.91% 27.8%
2010 $27,081 $8,464 $1,411 $519 5.78% 26.04%
Year Price % Paid Value Rank
2020 $35,033 100%
2019 $22,905 69.38% Best
2018 $21,299 68.48% Better
2017 $18,866 62.3% Better
2016 $17,015 55.97%
2015 $14,588 46.12% Good
2014 $13,014 39% Good
2013 $11,253 33.03%
2012 $9,862 30.36%
2011 $8,983 27.8%
2010 $8,464 26.04%
Our Favorite GMC Terrain Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.