Depreciation
The depreciation graph and accompanying table on our page detail how the 1997 GMC SAVANA'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 used 1997 GMC SAVANA nowadays in 2024 is $6,900.
Estimated mileage driven per year is 12,272 miles.
The graph below is a depreciation curve for 1997 GMC SAVANA. 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 1997 GMC SAVANA 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 | ||
|---|---|---|---|---|---|---|
| 1997 MSRP | 0 mi | $0 | — | — | 100% | 0% |
| 1998 | 24,544 mi | $35,995 | +$0 | +0% | Infinity% | -Infinity% |
| 1999 | 36,816 mi | $37,537 | −$1,542 | −4.28% | Infinity% | -Infinity% |
| 2000 | 49,088 mi | $35,068 | +$2,469 | +6.58% | Infinity% | -Infinity% |
| 2001 | 61,360 mi | $31,527 | +$3,541 | +10.1% | Infinity% | -Infinity% |
| 2002 | 73,632 mi | $25,946 | +$5,581 | +17.7% | Infinity% | -Infinity% |
| 2003 | 85,904 mi | $22,518 | +$3,428 | +13.21% | Infinity% | -Infinity% |
| 2004 | 98,176 mi | $19,999 | +$2,519 | +11.19% | Infinity% | -Infinity% |
| 2005 | 110,448 mi | $16,999 | +$3,000 | +15% | Infinity% | -Infinity% |
| 2006 | 122,720 mi | $15,997 | +$1,002 | +5.89% | Infinity% | -Infinity% |
| 2007 | 134,992 mi | $16,900 | −$903 | −5.64% | Infinity% | -Infinity% |
| 2008 | 147,264 mi | $14,720 | +$2,180 | +12.9% | Infinity% | -Infinity% |
| 2009 | 159,536 mi | $12,949 | +$1,771 | +12.03% | Infinity% | -Infinity% |
| 2010 | 171,808 mi | $13,750 | −$801 | −6.19% | Infinity% | -Infinity% |
| 2011 | 184,080 mi | $10,988 | +$2,762 | +20.09% | Infinity% | -Infinity% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the GMC SAVANA’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 1997 GMC SAVANA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1997 GMC SAVANA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|
Frequently asked questions
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Depreciation directly affects the resale value of a 1997 GMC SAVANA, with faster depreciating vehicles typically having lower resale values over time.
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.
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.
Aftermarket modifications can affect the depreciation of 1997 GMC SAVANA either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Other years of GMC SAVANA
1998 GMC SAVANA
140+ sales records
2008 GMC SAVANA
$12,850 average used price
470+ sales records
2012 GMC SAVANA
$12,949 average used price
860+ sales records
2015 GMC SAVANA
$15,997 average used price
1,500+ sales records
2019 GMC SAVANA
$25,946 average used price
4,800+ sales records
2023 GMC SAVANA
$35,995 average used price
130+ sales records
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