Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 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 2020 GMC SAVANA nowadays in 2024 is $31,527.
Estimated mileage driven per year is 12,272 miles.
The graph below is a depreciation curve for 2020 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 2020 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 | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $0 | — | — | 100% | 0% |
| 2021 | 24,544 mi | $35,995 | +$0 | +0% | Infinity% | -Infinity% |
| 2022 | 36,816 mi | $37,537 | −$1,542 | −4.28% | Infinity% | -Infinity% |
| 2023 | 49,088 mi | $35,068 | +$2,469 | +6.58% | Infinity% | -Infinity% |
| 2024 | 61,360 mi | $31,527 | +$3,541 | +10.1% | Infinity% | -Infinity% |
| 2025 | 73,632 mi | $25,946 | +$5,581 | +17.7% | Infinity% | -Infinity% |
| 2026 | 85,904 mi | $22,518 | +$3,428 | +13.21% | Infinity% | -Infinity% |
| 2027 | 98,176 mi | $19,999 | +$2,519 | +11.19% | Infinity% | -Infinity% |
| 2028 | 110,448 mi | $16,999 | +$3,000 | +15% | Infinity% | -Infinity% |
| 2029 | 122,720 mi | $15,997 | +$1,002 | +5.89% | Infinity% | -Infinity% |
| 2030 | 134,992 mi | $16,900 | −$903 | −5.64% | Infinity% | -Infinity% |
| 2031 | 147,264 mi | $14,720 | +$2,180 | +12.9% | Infinity% | -Infinity% |
| 2032 | 159,536 mi | $12,949 | +$1,771 | +12.03% | Infinity% | -Infinity% |
| 2033 | 171,808 mi | $13,750 | −$801 | −6.19% | Infinity% | -Infinity% |
| 2034 | 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 2020 GMC SAVANA. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 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 | $62,365 | 27 sales |
| 5,000 mi | $31,995 | 109 sales |
| 10,000 mi | $36,823 | 139 sales |
| 15,000 mi | $42,700 | 419 sales |
| 20,000 mi | $42,995 | 656 sales |
| 25,000 mi | $41,990 | 654 sales |
| 30,000 mi | $41,899 | 457 sales |
| 35,000 mi | $39,999 | 246 sales |
| 40,000 mi | $39,662 | 138 sales |
| 45,000 mi | $37,638 | 67 sales |
| 50,000 mi | $35,495 | 41 sales |
| 55,000 mi | $32,997 | 23 sales |
| 60,000 mi | $38,888 | 27 sales |
| 65,000 mi | $34,495 | 19 sales |
| 70,000 mi | $37,500 | 21 sales |
| 75,000 mi | $31,995 | 11 sales |
| 80,000 mi | $33,995 | 17 sales |
| 85,000 mi | $30,495 | 15 sales |
| 90,000 mi | $29,962 | 11 sales |
| 95,000 mi | $29,990 | 11 sales |
| 100,000 mi | $29,589 | 16 sales |
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.
Depreciation directly affects the resale value of a 2020 GMC SAVANA, with faster depreciating vehicles typically having lower resale values over time.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Other years of GMC SAVANA
1997 GMC SAVANA
$6,900 average used price
90+ sales records
1998 GMC SAVANA
140+ sales records
2004 GMC SAVANA
$9,450 average used price
390+ sales records
2009 GMC SAVANA
$12,695 average used price
380+ sales records
2010 GMC SAVANA
$10,988 average used price
410+ sales records
2021 GMC SAVANA
$35,068 average used price
2,400+ sales records
Similar Models
2018 GMC YUKON XL
$74,090 MSRP
$33,888 average used price
33,600+ sales records
2018 GMC SIERRA
$41,045 MSRP
20+ sales records
2020 GMC YUKON XL
$74,090 MSRP
$43,083 average used price
33,200+ sales records
2021 GMC TERRAIN
$34,095 MSRP
$23,500 average used price
40,700+ sales records
2021 GMC YUKON
$71,925 MSRP
$58,989 average used price
67,700+ sales records
2023 GMC YUKON
$71,925 MSRP
$76,000 average used price
4,300+ sales records
