50 Cars That are Plummeting in Value

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#40 – GMC Yukon

Class: Full Size SUV
Production: 1991-Present
Starting Price: $49,100+
Depreciation Rate: 33%

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One of the most popular gas-guzzling SUVs on the highway, the GMC Yukon was first produced in 1991 and is often linked to GMC’s other SUV, the Tahoe, which has been in production since 1995. A full-size SUV praised as one of the best of its class, the Yukon is newly redesigned with seating for up to nine and a towing capacity of up to 8,500 pounds with gas mileage ranging between 16 and 23 miles per gallon in the city and on the highway.

Starting at $49,100, the GMC Yukon packs a heavy punch with its price tag and new design that’s left many new car buyers looking for other, more affordable alternatives since Yukon owners will spend around $70,000 on the vehicle in the first five years. The declining gas mileage and other, more affordable SUVs on the market make the Yukon one of the fastest depreciating sports utility vehicles on the road today. A fully loaded Yukon might cost around $50,000 off the lot, but it depreciates 33% after the first year bringing the sticker price down to $32,000 in the blink of an eye!