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What can I expect from Buick Enclave depreciation?
I’m trying to think long-term about my next car purchase. I want to get a Buick Enclave SUV while my kids are still in the house, and then sell it when we no longer need a big car. But what can I expect from Buick Enclave depreciation?
Bonnie Stinson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The average new car, like a
Buick Enclave
, depreciates 20% in the first year, and then loses 10% more of its value every following year.Ultimately, your best bet is to buy a used SUV to avoid losing money.
Let’s say you buy a new Buick Enclave today. You’ll spend about $46,000. In five years, your kids will leave home and you could sell that Buick for about $23,000–if it’s in great condition. If your kids are young now, you may have to wait more than five years and lose even more money.
If you buy a used 2019 Buick Enclave, you’ll spend closer to $30,000.
Buying a car can be stressful, but finding a
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