Depreciation
The depreciation graph and accompanying table on our page detail how the 2015 GMC TERRAIN'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) 2015 GMC TERRAIN in 2015 was $34,095.
The average price for used 2015 GMC TERRAIN nowadays in 2024 is $12,000 which is 35% from the original price.
Estimated mileage driven per year is 12,091 miles.
The graph below is a depreciation curve for 2015 GMC TERRAIN. 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 2015 GMC TERRAIN 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 | ||
|---|---|---|---|---|---|---|
| 2015 MSRP | 0 mi | $34,095 | — | — | 100% | 0% |
| 2015 | 12,091 mi | $30,000 | +$4,095 | +12.01% | 87.99% | 12.01% |
| 2016 | 24,182 mi | $27,599 | +$2,401 | +8% | 80.95% | 19.05% |
| 2017 | 36,273 mi | $24,998 | +$2,601 | +9.42% | 73.32% | 26.68% |
| 2018 | 48,364 mi | $23,500 | +$1,498 | +5.99% | 68.93% | 31.07% |
| 2019 | 60,455 mi | $22,582 | +$918 | +3.91% | 66.23% | 33.77% |
| 2020 | 72,546 mi | $19,912 | +$2,670 | +11.82% | 58.4% | 41.6% |
| 2021 | 84,637 mi | $18,823 | +$1,089 | +5.47% | 55.21% | 44.79% |
| 2022 | 96,728 mi | $14,998 | +$3,825 | +20.32% | 43.99% | 56.01% |
| 2023 | 108,819 mi | $13,928 | +$1,070 | +7.13% | 40.85% | 59.15% |
| 2024 | 120,910 mi | $12,000 | +$1,928 | +13.84% | 35.2% | 64.8% |
| 2025 | 133,001 mi | $10,984 | +$1,016 | +8.47% | 32.22% | 67.78% |
| 2026 | 145,092 mi | $9,995 | +$989 | +9% | 29.32% | 70.68% |
| 2027 | 157,183 mi | $8,999 | +$996 | +9.96% | 26.39% | 73.61% |
| 2028 | 169,274 mi | $8,094 | +$905 | +10.06% | 23.74% | 76.26% |
| 2029 | 181,365 mi | $7,780 | +$314 | +3.88% | 22.82% | 77.18% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the GMC TERRAIN’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 2015 GMC TERRAIN. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2015 GMC TERRAIN by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 15,000 mi | $18,988 | 12 sales |
| 25,000 mi | $18,240 | 16 sales |
| 30,000 mi | $18,998 | 26 sales |
| 35,000 mi | $16,995 | 43 sales |
| 40,000 mi | $17,981 | 59 sales |
| 45,000 mi | $17,494 | 93 sales |
| 50,000 mi | $16,977 | 109 sales |
| 55,000 mi | $16,000 | 120 sales |
| 60,000 mi | $15,990 | 143 sales |
| 65,000 mi | $15,396 | 216 sales |
| 70,000 mi | $15,496 | 240 sales |
| 75,000 mi | $14,967 | 276 sales |
| 80,000 mi | $14,691 | 359 sales |
| 85,000 mi | $14,945 | 368 sales |
| 90,000 mi | $13,799 | 406 sales |
| 95,000 mi | $13,750 | 422 sales |
| 100,000 mi | $12,995 | 380 sales |
| 105,000 mi | $12,500 | 350 sales |
| 110,000 mi | $11,992 | 356 sales |
| 115,000 mi | $11,499 | 280 sales |
| 120,000 mi | $10,991 | 278 sales |
| 125,000 mi | $10,500 | 248 sales |
| 130,000 mi | $10,148 | 180 sales |
| 135,000 mi | $9,991 | 182 sales |
| 140,000 mi | $9,762 | 138 sales |
| 145,000 mi | $8,999 | 107 sales |
| 150,000 mi | $8,999 | 88 sales |
| 155,000 mi | $8,995 | 55 sales |
| 160,000 mi | $8,999 | 62 sales |
| 165,000 mi | $9,099 | 44 sales |
| 170,000 mi | $8,984 | 34 sales |
| 175,000 mi | $7,495 | 23 sales |
| 180,000 mi | $7,995 | 21 sales |
| 185,000 mi | $7,995 | 26 sales |
| 190,000 mi | $7,990 | 15 sales |
Frequently asked questions
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.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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 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.
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.
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.
Other years of GMC TERRAIN
2012 GMC TERRAIN
$8,999 average used price
32,900+ sales records
2014 GMC TERRAIN
$10,984 average used price
42,000+ sales records
2016 GMC TERRAIN
$13,928 average used price
56,400+ sales records
2019 GMC TERRAIN
$19,912 average used price
114,100+ sales records
2021 GMC TERRAIN
$23,500 average used price
40,700+ sales records
2023 GMC TERRAIN
$27,599 average used price
2,400+ sales records
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