USA

Chevrolet Depreciation Rate

GM's volume brand, strong in trucks and SUVs.

Silverado and Corvette retain value well; passenger cars depreciate steeply.

Avg 5-yr retained

49%

Models tracked

Chevrolet depreciation by model

The Chevrolet Corvette is America's iconic sports car, and the mid-engine C8 generation transformed it into a legitimate exotic challenger at a fraction of the price. Strong enthusiast demand and limited production keep Corvette depreciation well below the sports car average, with base Stingrays retaining about 65% after 5 years.

The Chevrolet Equinox is a high-volume compact SUV competing with the CR-V and RAV4, but it depreciates faster than its Japanese rivals. Fleet sales, frequent incentives, and softer brand retention mean the Equinox typically holds only about 45–48% of its value after 5 years.

Chevrolet Silverado 1500

truck · mainstream

5-yr retained

55%

The Chevrolet Silverado 1500 is America's second-best-selling full-size pickup, with broad trim range from work-focused WT to luxury High Country. Strong truck-segment demand keeps Silverado depreciation moderate, and well-optioned LTZ and Trail Boss models hold retained value better than base fleet variants.

The Chevrolet Tahoe is a full-size body-on-frame SUV with strong towing, V8 power, and standard seating for up to nine. Thanks to constant fleet and family demand, the Tahoe's depreciation is noticeably slower than the industry average, helping it retain strong resale value through the 5-year mark.

Chevrolet depreciation FAQ

What is the average depreciation rate for Chevrolet?

Chevrolet vehicles depreciate by about 51% over 5 years on average — retaining roughly 49% of their original MSRP. Silverado and Corvette retain value well; passenger cars depreciate steeply.

Which Chevrolet model has the lowest depreciation?

Depreciation rates vary significantly across the Chevrolet lineup. Open any model below to see its year-by-year depreciation curve, per-mile depreciation, and country-specific rates.

Does Chevrolet depreciation vary by country?

Yes. The same Chevrolet can depreciate up to 10% faster or slower in one market versus another, driven by local demand, climate, tax policy, and service network strength. Each model page breaks down the depreciation rate for all 7 markets we track.