Depreciation
The depreciation graph and accompanying table on our page detail how the 2019 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) 2019 GMC TERRAIN in 2019 was $34,095.
The average price for used 2019 GMC TERRAIN nowadays in 2024 is $19,912 which is 58% from the original price.
Estimated mileage driven per year is 12,091 miles.
The graph below is a depreciation curve for 2019 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 2019 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 | ||
|---|---|---|---|---|---|---|
| 2019 MSRP | 0 mi | $34,095 | — | — | 100% | 0% |
| 2019 | 12,091 mi | $30,000 | +$4,095 | +12.01% | 87.99% | 12.01% |
| 2020 | 24,182 mi | $27,599 | +$2,401 | +8% | 80.95% | 19.05% |
| 2021 | 36,273 mi | $24,998 | +$2,601 | +9.42% | 73.32% | 26.68% |
| 2022 | 48,364 mi | $23,500 | +$1,498 | +5.99% | 68.93% | 31.07% |
| 2023 | 60,455 mi | $22,582 | +$918 | +3.91% | 66.23% | 33.77% |
| 2024 | 72,546 mi | $19,912 | +$2,670 | +11.82% | 58.4% | 41.6% |
| 2025 | 84,637 mi | $18,823 | +$1,089 | +5.47% | 55.21% | 44.79% |
| 2026 | 96,728 mi | $14,998 | +$3,825 | +20.32% | 43.99% | 56.01% |
| 2027 | 108,819 mi | $13,928 | +$1,070 | +7.13% | 40.85% | 59.15% |
| 2028 | 120,910 mi | $12,000 | +$1,928 | +13.84% | 35.2% | 64.8% |
| 2029 | 133,001 mi | $10,984 | +$1,016 | +8.47% | 32.22% | 67.78% |
| 2030 | 145,092 mi | $9,995 | +$989 | +9% | 29.32% | 70.68% |
| 2031 | 157,183 mi | $8,999 | +$996 | +9.96% | 26.39% | 73.61% |
| 2032 | 169,274 mi | $8,094 | +$905 | +10.06% | 23.74% | 76.26% |
| 2033 | 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 2019 GMC TERRAIN. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2019 GMC TERRAIN by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $24,998 | 43 sales |
| 15,000 mi | $24,998 | 60 sales |
| 20,000 mi | $24,948 | 86 sales |
| 25,000 mi | $24,998 | 135 sales |
| 30,000 mi | $23,985 | 273 sales |
| 35,000 mi | $22,400 | 307 sales |
| 40,000 mi | $22,113 | 370 sales |
| 45,000 mi | $21,989 | 408 sales |
| 50,000 mi | $20,998 | 439 sales |
| 55,000 mi | $20,690 | 503 sales |
| 60,000 mi | $19,997 | 491 sales |
| 65,000 mi | $19,700 | 518 sales |
| 70,000 mi | $19,155 | 427 sales |
| 75,000 mi | $18,998 | 305 sales |
| 80,000 mi | $18,795 | 265 sales |
| 85,000 mi | $18,595 | 235 sales |
| 90,000 mi | $17,999 | 186 sales |
| 95,000 mi | $17,569 | 155 sales |
| 100,000 mi | $17,993 | 140 sales |
| 105,000 mi | $16,641 | 112 sales |
| 110,000 mi | $16,392 | 74 sales |
| 115,000 mi | $16,000 | 46 sales |
| 120,000 mi | $15,000 | 50 sales |
| 125,000 mi | $15,900 | 35 sales |
| 130,000 mi | $15,000 | 36 sales |
| 135,000 mi | $15,485 | 10 sales |
| 140,000 mi | $14,950 | 15 sales |
| 145,000 mi | $14,595 | 13 sales |
| 150,000 mi | $13,991 | 11 sales |
Frequently asked questions
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
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.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
Depreciation directly affects the resale value of a 2019 GMC TERRAIN, with faster depreciating vehicles typically having lower resale values over time.
Other years of GMC TERRAIN
2012 GMC TERRAIN
$8,999 average used price
32,900+ sales records
2013 GMC TERRAIN
$9,995 average used price
43,700+ sales records
2015 GMC TERRAIN
$12,000 average used price
59,900+ sales records
2018 GMC TERRAIN
$18,823 average used price
125,600+ sales records
2020 GMC TERRAIN
$22,582 average used price
127,300+ sales records
2023 GMC TERRAIN
$27,599 average used price
2,400+ sales records
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2019 GMC TERRAIN on BADVIN
