Depreciation
The depreciation graph and accompanying table on our page detail how the 2018 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 2018 GMC SAVANA nowadays in 2024 is $22,518.
Estimated mileage driven per year is 12,272 miles.
The graph below is a depreciation curve for 2018 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 2018 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 | ||
|---|---|---|---|---|---|---|
| 2018 MSRP | 0 mi | $0 | — | — | 100% | 0% |
| 2019 | 24,544 mi | $35,995 | +$0 | +0% | Infinity% | -Infinity% |
| 2020 | 36,816 mi | $37,537 | −$1,542 | −4.28% | Infinity% | -Infinity% |
| 2021 | 49,088 mi | $35,068 | +$2,469 | +6.58% | Infinity% | -Infinity% |
| 2022 | 61,360 mi | $31,527 | +$3,541 | +10.1% | Infinity% | -Infinity% |
| 2023 | 73,632 mi | $25,946 | +$5,581 | +17.7% | Infinity% | -Infinity% |
| 2024 | 85,904 mi | $22,518 | +$3,428 | +13.21% | Infinity% | -Infinity% |
| 2025 | 98,176 mi | $19,999 | +$2,519 | +11.19% | Infinity% | -Infinity% |
| 2026 | 110,448 mi | $16,999 | +$3,000 | +15% | Infinity% | -Infinity% |
| 2027 | 122,720 mi | $15,997 | +$1,002 | +5.89% | Infinity% | -Infinity% |
| 2028 | 134,992 mi | $16,900 | −$903 | −5.64% | Infinity% | -Infinity% |
| 2029 | 147,264 mi | $14,720 | +$2,180 | +12.9% | Infinity% | -Infinity% |
| 2030 | 159,536 mi | $12,949 | +$1,771 | +12.03% | Infinity% | -Infinity% |
| 2031 | 171,808 mi | $13,750 | −$801 | −6.19% | Infinity% | -Infinity% |
| 2032 | 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 2018 GMC SAVANA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2018 GMC SAVANA by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $61,622 | 67 sales |
| 5,000 mi | $25,995 | 73 sales |
| 10,000 mi | $23,950 | 227 sales |
| 15,000 mi | $23,974 | 246 sales |
| 20,000 mi | $23,997 | 221 sales |
| 25,000 mi | $24,998 | 163 sales |
| 30,000 mi | $26,995 | 149 sales |
| 35,000 mi | $26,980 | 161 sales |
| 40,000 mi | $27,988 | 125 sales |
| 45,000 mi | $32,122 | 117 sales |
| 50,000 mi | $32,834 | 87 sales |
| 55,000 mi | $29,751 | 55 sales |
| 60,000 mi | $29,975 | 46 sales |
| 65,000 mi | $29,995 | 57 sales |
| 70,000 mi | $28,000 | 42 sales |
| 75,000 mi | $28,107 | 36 sales |
| 80,000 mi | $29,899 | 41 sales |
| 85,000 mi | $28,495 | 37 sales |
| 90,000 mi | $25,995 | 33 sales |
| 95,000 mi | $25,995 | 36 sales |
| 100,000 mi | $27,777 | 43 sales |
| 105,000 mi | $27,990 | 37 sales |
| 110,000 mi | $26,995 | 39 sales |
| 115,000 mi | $27,445 | 53 sales |
| 120,000 mi | $28,892 | 44 sales |
| 125,000 mi | $26,555 | 39 sales |
| 130,000 mi | $25,883 | 23 sales |
| 135,000 mi | $26,995 | 25 sales |
| 150,000 mi | $21,926 | 12 sales |
Frequently asked questions
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
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.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Depreciation directly affects the resale value of a 2018 GMC SAVANA, with faster depreciating vehicles typically having lower resale values over time.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of GMC SAVANA
1996 GMC SAVANA
40+ sales records
2006 GMC SAVANA
$13,993 average used price
710+ sales records
2007 GMC SAVANA
$15,995 average used price
590+ sales records
2009 GMC SAVANA
$12,695 average used price
380+ sales records
2021 GMC SAVANA
$35,068 average used price
2,400+ sales records
2022 GMC SAVANA
$37,537 average used price
310+ sales records
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2018 GMC SAVANA on BADVIN
