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Cost to Own

2024 GMC Yukon XL Cost to Own

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A 2024 GMC Yukon XL will depreciate $32,261 after 5 years and have a 5-year residual value of $30,934. With out of pocket expenses at $45,481, the total Cost to Own of the 2024 GMC Yukon XL is $77,742.

Style
Miles Driven / Year
Lower Costs than Most

The 2024 GMC Yukon XL is in the top 11-25% for Cost to Own among all Full-Size SUV/Crossovers.

5-Year Cost to Own: $77,742

What Does Cost to Own Include?

Fuel
Out of Pocket Expenses $45,481
5-year operating expenses like gas, insurance, interest, maintenance, repairs, and state fees.
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Depreciation
Depreciation (Loss in Value) $32,261
The car's estimated loss in value from the purchase date over 5 years.
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Out of Pocket + Depreciation = Cost to Own

When considering the cost of a car, it's important to look beyond the sticker price. Expenses like fuel, maintenance and insurance can add up quickly.

Sometimes a car with a higher initial price tag can actually save you money over the first five years of ownership. Understanding these differences can help you make a smarter financial decision and keep more money in your pocket.

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Cost to Own Comparison

5-Year Cost to Own includes out-of-pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).

2024 GMC Yukon XL photo
2024 GMC Yukon XL

Cost to Own: $77,742

MSRP: $63,195

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Compare Out of Pocket Expenses

New 2024
1 of 3
GMC Yukon XL
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Total Out of Pocket Expenses
$45,481
-
-
Fuel
$8,737
-
-
Maintenance
$5,323
-
-
Insurance
$17,700
-
-
Repairs
$1,955
-
-
Financing
$7,402
-
-
State Fees
$4,364
-
-

Compare 5-Year Depreciation

2024 GMC Yukon XL
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5-year Cost to Own Breakdown

2024 GMC Yukon XL
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Fuel
$1,857
$1,763
$1,715
$1,704
$1,698
$8,737
Insurance
$3,540
$3,540
$3,540
$3,540
$3,540
$17,700
Financing
$2,568
$2,052
$1,508
$937
$337
$7,402
State Fees
$4,240
$31
$31
$31
$31
$4,364
Maintenance
$595
$1,012
$688
$2,337
$691
$5,323
Repairs
-
-
$451
$752
$752
$1,955
Depreciation
$11,217
$6,162
$6,509
$4,771
$3,602
$32,261
Cost To Own
$24,017
$14,560
$14,442
$14,072
$10,651
$77,742
2024 GMC Yukon XL Cost to Own
5-Year Cost to Own includes out of pocket expenses like fuel, insurance, service & financing, plus the car’s loss in value over time (depreciation).
5-Year Depreciation:$32,261
5-Year Out of Pocket Expenses:$45,481
5-Year Cost to Own:$77,742
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FAQs

As of April 2025 insuring a GMC Yukon XL 2024 will cost approximately $17,700 dollars to insure per year, or $1,475 dollars per month. This amount can vary depending on factors like the age of the driver, driving record, credit rating, location of insured vehicle, vehicle trim and the company providing the insurance. For more information on insuring your vehicle, check out Kelley Blue Book.

As of April 2025 average annual maintenance costs for a GMC Yukon XL 2024 run about $1,064 dollars, totaling approximately $5,323 dollars over five years.

As of April 2025 average annual depreciation for a GMC Yukon XL 2024 runs about $6,452 dollars, totaling approximately $32,261 dollars over five years. It's worth noting that new vehicles depreciate most rapidly in the first couple years after purchase and that rate slows over time.

A GMC Yukon XL 2024 can be expected to depreciate around $32,261 dollars over the course of 5 years, averaging $6,452 dollars per year, with the most dramatic depreciation occurring in the first 2-3 years and tapering off thereafter. Factors impacting the depreciation value of the 2024 GMC include vehicle age, mileage, make and model, accident history, market demand, service history, and external market factors like gas prices. For a more detailed breakdown of vehicle value, check with the experts at Kelley Blue Book.

Average annual maintenance costs for a GMC Yukon XL 2024 run about $1,064 dollars or $5,323 dollars over the span of 5 years. For a more detailed cost breakdown, check out Kelley Blue Book's car maintenance pages for the 2024 GMC.

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