GMC Terrain Depreciation

A GMC Terrain will depreciate 47% after 5 years and have a 5 year resale value of $19,288.

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 $36,221 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 Terrain.

GMC Terrain Depreciation Calculator

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GMC Terrain Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,069 72.20% $26,152 12,000 2022
2 $12,272 66.12% $23,949 24,000 2023
3 $13,040 64.00% $23,181 36,000 2024
4 $13,840 61.79% $22,381 48,000 2025
5 $16,933 53.25% $19,288 60,000 2026
6 $20,197 44.24% $16,024 72,000 2027
7 $22,656 37.45% $13,565 84,000 2028
8 $24,413 32.60% $11,808 96,000 2029
9 $25,434 29.78% $10,787 108,000 2030
10 $26,220 27.61% $10,001 120,000 2031

GMC Terrain Depreciation

Years Old Depreciation Residual Value Resale Value
1 $10,069 72.20% $26,152
2 $12,272 66.12% $23,949
3 $13,040 64.00% $23,181
4 $13,840 61.79% $22,381
5 $16,933 53.25% $19,288
6 $20,197 44.24% $16,024
7 $22,656 37.45% $13,565
8 $24,413 32.60% $11,808
9 $25,434 29.78% $10,787
10 $26,220 27.61% $10,001

Buying a GMC Terrain New vs Used

If you purchase a used GMC Terrain that is 2 years old, then you could save $12,272 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 $4,661. 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 2020 GMC Terrain is our top pick for the best model year value for the Terrain. With the 2020, you would only pay, on average, 72% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2018 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
2021 $36,221 $36,221 $279 $0 0% 100%
2020 $35,033 $25,613 $320 $10,608 29.29% 72.2% Best
2019 $32,657 $21,992 $398 $3,621 14.14% 66.12% Better
2018 $30,626 $19,601 $516 $2,391 10.87% 64% Better
2017 $29,568 $18,865 $594 $736 3.75% 61.79%
2016 $29,471 $16,443 $751 $2,422 12.84% 53.25% Good
2015 $30,160 $14,380 $1,038 $2,063 12.55% 44.24% Good
2014 $30,893 $12,743 $1,174 $1,637 11.38% 37.45%
2013 $30,737 $11,284 $1,265 $1,459 11.45% 32.6%
2012 $28,553 $9,947 $1,445 $1,337 11.85% 29.78%
2011 $27,374 $9,041 $1,484 $906 9.11% 27.61%
2010 $27,081 $8,453 $1,700 $588 6.5% 24.94%
Year Price % Paid Value Rank
2021 $36,221 100%
2020 $25,613 72.2% Best
2019 $21,992 66.12% Better
2018 $19,601 64% Better
2017 $18,865 61.79%
2016 $16,443 53.25% Good
2015 $14,380 44.24% Good
2014 $12,743 37.45%
2013 $11,284 32.6%
2012 $9,947 29.78%
2011 $9,041 27.61%
2010 $8,453 24.94%

Other GMC Terrain 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 Terrain 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: