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Depreciation

2016 Chevrolet Equinox Depreciation

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2016 Chevrolet Equinox

A 2016 Chevrolet Equinox has depreciated $7,389 or 53% in the last 3 years and has a current resale value of $6,438 and trade-in value of $3,964.

A 2016 Chevrolet Equinox has depreciated $7,389 or 53% in the last 3 years and has a current resale value of $6,438 and trade-in value of $3,964.

Average Loss of Value

The 2016 Chevrolet Equinox is in the 25-75% percentile for depreciation among all 2016 SUVs.

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2016 Chevrolet Equinox
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2016 Chevrolet Equinox Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2022
+ $1,118
$13,827
$11,945
2023
$3,546
$10,281
$8,007
2024
$3,409
$6,872
$4,292
Now
$434
$6,438
$3,964
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2016 Chevrolet Equinox Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.

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Managing 2016 Chevrolet Equinox Depreciation

Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.

Driving Habits

Use good driving habits
Limit your mileage

Maintenance and Upkeep

Perform regular maintenance
Maintain cleanliness
Keep your car protected

Service Advisor

Our specialized Service Advisor pages are tailored to your car's make and model, helping you stay on top of maintenance schedules, receive recall alerts, and more.

2016 Chevrolet Equinox Service Advisor

FAQs

According to Kelley Blue Book, a 2016 Chevrolet Equinox depreciated about 53% over the last three years. Generally the 2016 Chevrolet Equinox is in the 25-75% percentile for depreciation among all 2016 SUVs. However, depreciation can vary depending on vehicle condition and mileage.

According to Kelley Blue Book, the 2016 Chevrolet Equinox is in the 25-75% percentile for depreciation among all 2016 SUVs. Over the last 3 years it retained 47% of its value.

A 2016 Chevrolet Equinox has depreciated an average of about $2,463 per year for the last 3 years. It has dropped a total of $7,389 in value in that time and has a current resale value of $6,438 and a trade-in value of $3,964. Generally the 2016 Chevrolet Equinox is in the 25-75% percentile for depreciation among all 2016 SUVs.

A 2016 Chevrolet Equinox has depreciated 53% in the last 3 years and has a resale value of $6,438. Overall, the 2016 Chevrolet Equinox is in the 25-75% percentile for depreciation among all 2016 SUVs.

A 2016 Chevrolet Equinox has depreciated 53% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.

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