Chevrolet Depreciation

Chevrolet ranked consistently in the middle of all brands we reviewed. Chevy was buoyed by strong performances with the Corvette and the Silverado which both ranked in the Top 10. However, poor showings by Chevy SUVs dragged the brand's average lower.

2023 is our top pick for the best model year value for Chevrolet vehicles. With the 2023, you would only pay, on average, 67% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Chevrolet models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Chevrolet model.


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Chevrolet Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2025 0.0% 100.0% 100.0%
2024 23.4% 76.6% 91.7%
2023 33.3% 66.7% 83.3% Best
2022 37.1% 62.9% 75.0% Better
2021 41.2% 58.8% 66.7% Better
2020 49.1% 50.9% 58.3% Good
2019 54.0% 46.0% 50.0% Good
2018 58.0% 42.0% 41.7%
2017 61.5% 38.5% 33.3%
2016 63.5% 36.5% 25.0%
2015 66.2% 33.8% 16.7%
2014 68.8% 31.2% 8.3%
2013 71.1% 28.9% 0.0%
Year Depreciation Residual Value Value Rating
2025 0.0% 100.0%
2024 23.4% 76.6%
2023 33.3% 66.7% Best
2022 37.1% 62.9% Better
2021 41.2% 58.8% Better
2020 49.1% 50.9% Good
2019 54.0% 46.0% Good
2018 58.0% 42.0%
2017 61.5% 38.5%
2016 63.5% 36.5%
2015 66.2% 33.8%
2014 68.8% 31.2%
2013 71.1% 28.9%

Help me understand

CarEdge Depreciation Calculator

You entered the vehicle’s current age and how long you plan to own it. To understand your projected depreciation:
  • Start with the row matching the vehicle’s current age
  • Find the row for the vehicle’s age after your ownership period
  • The difference between those two resale values is your estimated depreciation
Example: If your vehicle is 2 years old and you plan to own it for 3 years, look at the values for 2 and 5 years old.

Chevrolet Depreciation by Model

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