GMC Yukon XL Depreciation

A GMC Yukon XL will depreciate 47% after 5 years and have a 5 year resale value of $40,535.

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 $76,771 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 Yukon XL.

GMC Yukon XL Depreciation Calculator

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GMC Yukon XL Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $23,814 68.98% $52,957 12,000 2022
2 $29,334 61.79% $47,437 24,000 2023
3 $30,708 60.00% $46,063 36,000 2024
4 $35,637 53.58% $41,134 48,000 2025
5 $36,236 52.80% $40,535 60,000 2026
6 $40,312 47.49% $36,459 72,000 2027
7 $54,001 29.66% $22,770 84,000 2028
8 $56,365 26.58% $20,406 96,000 2029
9 $58,446 23.87% $18,325 108,000 2030
10 $60,787 20.82% $15,984 120,000 2031

GMC Yukon XL Depreciation

Years Old Depreciation Residual Value Resale Value
1 $23,814 68.98% $52,957
2 $29,334 61.79% $47,437
3 $30,708 60.00% $46,063
4 $35,637 53.58% $41,134
5 $36,236 52.80% $40,535
6 $40,312 47.49% $36,459
7 $54,001 29.66% $22,770
8 $56,365 26.58% $20,406
9 $58,446 23.87% $18,325
10 $60,787 20.82% $15,984

Buying a GMC Yukon XL New vs Used

If you purchase a used GMC Yukon XL that is 2 years old, then you could save $29,334 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 $6,902. 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 Yukon XL models become available.

What About GMC Yukon XL Insurance Costs?

The average cost to insure a GMC Yukon XL is about $1,740 per year. This adds up to around $8,700 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 Yukon XL. 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 Yukon XL

The 2020 GMC Yukon XL is our top pick for the best model year value for the Yukon XL. With the 2020, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Yukon XL, and provide a relatively good value. Our rankings consider multiple factors, including the Yukon XL'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 Yukon XL models.

GMC Yukon XL Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $76,771 $76,771 $352 $0 0% 100%
2020 $75,776 $52,665 $396 $24,106 31.4% 68.98% Best
2019 $73,787 $46,059 $467 $6,606 12.54% 61.79% Better
2018 $71,995 $43,197 $580 $2,862 6.21% 60% Good
2017 $74,605 $40,646 $674 $2,551 5.91% 53.58% Better
2016 $65,885 $35,606 $821 $5,040 12.4% 52.8%
2015 $63,319 $31,193 $1,121 $4,413 12.39% 47.49%
2014 $60,038 $19,048 $1,240 $12,145 38.94% 29.66% Good
2013 $58,949 $17,021 $1,351 $2,027 10.64% 26.58%
2012 $59,333 $15,677 $1,515 $1,344 7.9% 23.87%
2011 $59,126 $13,845 $1,536 $1,832 11.69% 20.82%
2010 $58,366 $13,934 $1,712 +$89 -0.64% 20.94%
2009 $56,880 $11,750 $1,968 $2,184 15.67% 17.2%
Year Price % Paid Value Rank
2021 $76,771 100%
2020 $52,665 68.98% Best
2019 $46,059 61.79% Better
2018 $43,197 60% Good
2017 $40,646 53.58% Better
2016 $35,606 52.8%
2015 $31,193 47.49%
2014 $19,048 29.66% Good
2013 $17,021 26.58%
2012 $15,677 23.87%
2011 $13,845 20.82%
2010 $13,934 20.94%
2009 $11,750 17.2%

GMC Yukon XL Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other GMC Yukon XL 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 Yukon XL 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: