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Chevrolet Suburban Resale Value and Depreciation

See how much the Chevrolet Suburban depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.

Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Chevrolet Suburban depreciates 52.8 percent after five years, resulting in a resale value of $27,202. In comparison, the large SUV category, which the Chevrolet Suburban belongs to, loses 52.7 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 45.3 percent and for all vehicles is 42 percent.

If you plan to drive a new Chevrolet Suburban for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Chevrolet Suburban sees a depreciation of 32.2 percent with a resale value of $39,079. Its 7-year depreciation is 64.3 percent and 10-year depreciation is 77 percent.

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Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Chevrolet Suburban depreciates 52.8 percent after five years, resulting in a resale value of $27,202. In comparison, the large SUV category, which the Chevrolet Suburban belongs to, loses 52.7 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 45.3 percent and for all vehicles is 42 percent.

If you plan to drive a new Chevrolet Suburban for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Chevrolet Suburban sees a depreciation of 32.2 percent with a resale value of $39,079. Its 7-year depreciation is 64.3 percent and 10-year depreciation is 77 percent.

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Chevrolet Suburban Depreciation After 3, 5, 7 and 10 Years

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Chevrolet Suburban Depreciation and Resale Value

Vehicle Age % Depreciation $ Depreciation % Residual Value $ Residual Value

3 Years

32.2%

$18,521

67.8%

$39,079

5 Years

52.8%

$30,398

47.2%

$27,202

7 Years

64.3%

$37,009

35.7%

$20,591

10 Years

77%

$44,363

23%

$13,237

Chevrolet Suburban Depreciation Comparison

3-Year Depreciation 5-Year Depreciation 7-Year Depreciation 10-Year Depreciation

Chevrolet Suburban

32.2%

52.8%

64.3%

77%

All Large SUVs

35.4%

52.7%

63.2%

76.1%

All SUVs

32%

45.3%

57.4%

68.7%

All Cars

30%

42%

53.7%

65.2%

Methodology

iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car’s automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.