Chevrolet Express
It has to be noted first and foremost, the Express is a large panel van. So while not many people personally own one, they are very popular with companies and contractors. Owners of these vans see the steep depreciation of around 35% in the first year and between 8-12% per year thereafter. There are a number of reasons for the depreciation of this type of vehicle, one being that they are meant as workhorses and this usually means they’ve carried a lot of equipment or heavy loads and they’re bound to have some serious mileage on the clocks.
Chevrolet Express
Chevrolet Impala
Impalas are very popular in the US, mostly as fleet vehicles, like rentals and company cars. There is a huge oversupply of them and it has had a big impact on the resale value of these midsize sedans. A 30% drop after one year of owning one, and interestingly, a 2013 model today is valued at only 30% of its original price. Just shy of $29,000 brand new, it means that you’re looking at losing $8,700 worth in the first year. All very similar to the Express.
Chevrolet Impala
