Depreciation
The depreciation graph and accompanying table on our page detail how the 2021 GMC YUKON'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) 2021 GMC YUKON in 2021 was $71,925.
The average price for used 2021 GMC YUKON nowadays in 2024 is $58,989 which is 82% from the original price.
Estimated mileage driven per year is 12,947 miles.
The graph below is a depreciation curve for 2021 GMC YUKON. 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 2021 GMC YUKON 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 | ||
---|---|---|---|---|---|---|
2021 MSRP | 0 mi | $71,925 | — | — | 100% | 0% |
2021 | 12,947 mi | $85,724 | −$13,799 | −19.19% | 119.19% | -19.19% |
2022 | 25,894 mi | $76,000 | +$9,724 | +11.34% | 105.67% | -5.67% |
2023 | 38,841 mi | $65,250 | +$10,750 | +14.14% | 90.72% | 9.28% |
2024 | 51,788 mi | $58,989 | +$6,261 | +9.6% | 82.01% | 17.99% |
2025 | 64,735 mi | $43,000 | +$15,989 | +27.11% | 59.78% | 40.22% |
2026 | 77,682 mi | $39,999 | +$3,001 | +6.98% | 55.61% | 44.39% |
2027 | 90,629 mi | $34,995 | +$5,004 | +12.51% | 48.65% | 51.35% |
2028 | 103,576 mi | $30,000 | +$4,995 | +14.27% | 41.71% | 58.29% |
2029 | 116,523 mi | $26,991 | +$3,009 | +10.03% | 37.53% | 62.47% |
2030 | 129,470 mi | $23,999 | +$2,992 | +11.09% | 33.37% | 66.63% |
2031 | 142,417 mi | $16,990 | +$7,009 | +29.21% | 23.62% | 76.38% |
2032 | 155,364 mi | $15,824 | +$1,166 | +6.86% | 22% | 78% |
2033 | 168,311 mi | $14,378 | +$1,446 | +9.14% | 19.99% | 80.01% |
2034 | 181,258 mi | $12,500 | +$1,878 | +13.06% | 17.38% | 82.62% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the GMC YUKON’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 2021 GMC YUKON. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 GMC YUKON by mileage and number of sales.
You can scroll the table horizontally to see all columns.
Mileage | Average Price | Sample Size |
---|---|---|
5,000 mi | $66,994 | 10 sales |
10,000 mi | $69,700 | 38 sales |
15,000 mi | $67,788 | 89 sales |
20,000 mi | $64,988 | 167 sales |
25,000 mi | $64,995 | 277 sales |
30,000 mi | $62,987 | 347 sales |
35,000 mi | $62,832 | 493 sales |
40,000 mi | $61,995 | 503 sales |
45,000 mi | $61,495 | 513 sales |
50,000 mi | $59,991 | 457 sales |
55,000 mi | $58,998 | 417 sales |
60,000 mi | $57,908 | 390 sales |
65,000 mi | $56,488 | 410 sales |
70,000 mi | $54,000 | 459 sales |
75,000 mi | $52,209 | 331 sales |
80,000 mi | $49,149 | 216 sales |
85,000 mi | $51,789 | 98 sales |
90,000 mi | $49,990 | 81 sales |
95,000 mi | $50,000 | 51 sales |
100,000 mi | $49,995 | 29 sales |
105,000 mi | $49,970 | 13 sales |
110,000 mi | $47,276 | 13 sales |
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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 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.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Other years of GMC YUKON
1995 GMC YUKON
$14,400 average used price
350+ sales records
1999 GMC YUKON
$7,450 average used price
1,100+ sales records
2005 GMC YUKON
$6,499 average used price
4,800+ sales records
2006 GMC YUKON
$6,995 average used price
2,100+ sales records
2013 GMC YUKON
$15,824 average used price
16,800+ sales records
2016 GMC YUKON
$26,991 average used price
66,300+ sales records
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