Depreciation
The depreciation graph and accompanying table on our page detail how the 1989 CHEVROLET SUBURBAN's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1989 CHEVROLET SUBURBAN in 1989 was $65,925.
The average price for used 1989 CHEVROLET SUBURBAN nowadays in 2024 is $16,800 which is 25% from the original price.
Estimated mileage driven per year is 13,474 miles.
The graph below is a depreciation curve for 1989 CHEVROLET SUBURBAN. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1989 CHEVROLET SUBURBAN in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1989 MSRP | 0 mi | $65,925 | — | — | 100% | 0% |
| 1989 | 13,474 mi | $74,995 | −$9,070 | −13.76% | 113.76% | -13.76% |
| 1990 | 26,948 mi | $67,788 | +$7,207 | +9.61% | 102.83% | -2.83% |
| 1991 | 40,422 mi | $53,498 | +$14,290 | +21.08% | 81.15% | 18.85% |
| 1992 | 53,896 mi | $53,900 | −$402 | −0.75% | 81.76% | 18.24% |
| 1993 | 67,370 mi | $40,999 | +$12,901 | +23.94% | 62.19% | 37.81% |
| 1994 | 80,844 mi | $35,109 | +$5,890 | +14.37% | 53.26% | 46.74% |
| 1995 | 94,318 mi | $30,000 | +$5,109 | +14.55% | 45.51% | 54.49% |
| 1996 | 107,792 mi | $27,584 | +$2,416 | +8.05% | 41.84% | 58.16% |
| 1997 | 121,266 mi | $24,991 | +$2,593 | +9.4% | 37.91% | 62.09% |
| 1998 | 134,740 mi | $21,697 | +$3,294 | +13.18% | 32.91% | 67.09% |
| 1999 | 148,214 mi | $15,899 | +$5,798 | +26.72% | 24.12% | 75.88% |
| 2000 | 161,688 mi | $14,995 | +$904 | +5.69% | 22.75% | 77.25% |
| 2001 | 175,162 mi | $13,786 | +$1,209 | +8.06% | 20.91% | 79.09% |
| 2002 | 188,636 mi | $11,990 | +$1,796 | +13.03% | 18.19% | 81.81% |
| 2003 | 202,110 mi | $11,991 | −$1 | −0.01% | 18.19% | 81.81% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET SUBURBAN’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1989 CHEVROLET SUBURBAN. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1989 CHEVROLET SUBURBAN by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 55,000 mi | $9,495 | 14 sales |
| 80,000 mi | $6,450 | 23 sales |
| 85,000 mi | $22,000 | 11 sales |
| 90,000 mi | $16,400 | 10 sales |
| 100,000 mi | $8,250 | 29 sales |
| 105,000 mi | $22,900 | 15 sales |
| 140,000 mi | $7,425 | 10 sales |
| 190,000 mi | $9,500 | 13 sales |
Frequently asked questions
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
Depreciation directly affects the resale value of a 1989 CHEVROLET SUBURBAN, with faster depreciating vehicles typically having lower resale values over time.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Aftermarket modifications can affect the depreciation of 1989 CHEVROLET SUBURBAN either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Other years of CHEVROLET SUBURBAN
2003 CHEVROLET SUBURBAN
$6,800 average used price
5,800+ sales records
2006 CHEVROLET SUBURBAN
$6,995 average used price
2,400+ sales records
2007 CHEVROLET SUBURBAN
$9,500 average used price
14,900+ sales records
2015 CHEVROLET SUBURBAN
$21,697 average used price
49,300+ sales records
2016 CHEVROLET SUBURBAN
$24,991 average used price
50,300+ sales records
2023 CHEVROLET SUBURBAN
$67,788 average used price
2,100+ sales records
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1989 CHEVROLET SUBURBAN on BADVIN
