Estimated value by year
New
$75,000
MSRP
1 yr
$58,500
-22%
2 yrs
$53,250
-29%
3 yrs
$48,750
-35%
5 yrs
$41,250
-45%
10 yrs
$26,250
-65%
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Full Depreciation Table — GMC Sierra EV
Based on base MSRP of $75,000. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $65,250 | $75,000 | $84,000 |
| 2025 | 1 yr | -22% | $50,895 | $58,500 | $65,520 |
| 2024 | 2 yrs | -29% | $46,328 | $53,250 | $59,640 |
| 2023 | 3 yrs | -35% | $42,412 | $48,750 | $54,600 |
| 2022 | 4 yrs | -41% | $38,498 | $44,250 | $49,560 |
| 2021 | 5 yrs | -45% | $35,888 | $41,250 | $46,200 |
| 2020 | 6 yrs | -49% | $33,278 | $38,250 | $42,840 |
| 2019 | 7 yrs | -53% | $30,668 | $35,250 | $39,480 |
| 2018 | 8 yrs | -57% | $28,058 | $32,250 | $36,120 |
| 2017 | 9 yrs | -61% | $25,448 | $29,250 | $32,760 |
| 2016 | 10 yrs | -65% | $22,838 | $26,250 | $29,400 |
Cost per year
$6,750
avg annual loss
Sweet spot buy
2–3 yrs old
$48,750 saves $26,250
Value at 10 yrs
$26,250
65% of value gone
Key Specs — GMC Sierra EV
Category
Electric Truck
Base MSRP
$75,000
5-Year Depreciation
45%
vs Category Avg
1% better than average
Expected Lifespan
200,000+ miles (battery dependent)
Best Used Buy Age
2–3 years old
Should you buy a used GMC Sierra EV?
The sweet spot for buying a used Sierra EV is 2 to 3 years old. At that age you can save approximately $26,250 off the new price while still getting a relatively modern vehicle. The steepest depreciation happens in the first 1-2 years, so letting someone else absorb that loss is a smart financial move.
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