Cars / Chevrolet Trax

Chevrolet Trax depreciation in USA

A Chevrolet Trax loses about 13.2% of its value per year in USA. Buy one new for $22,000 and after 3 years it's worth roughly $14,402 (65% retained); after 5 years, about $10,858 (49%). Driving more than ~12,000 miles/year pushes resale lower.

By USA standards the Chevrolet Trax depreciates at a moderate, mainstream rate, which is exactly what tips a buy-vs-rent decision one way or the other over a few years of ownership.

So should you buy it or rent it? At default assumptions the break-even long-term rental rate is about $528/month: rent below that and renting wins; above it, buying wins. Your price, financing, and mileage move this number, so run yours:

Estimated curve: calibrated model, not yet fitted from live listings

Buying wins · over 3 years

$0

cheaper than renting, all costs in.

Break-even rent: $528/month. Below that, rent; above it, buy.

Your deal
If you buy
If you rent
Cumulative net cost if you exit at month m; lower is better. Shaded band = resale-value uncertainty (10-90%).
010k20k1y2y3ybuying wins from month 19BuyingRenting

If you buy: $19,008 total

Down payment / cash price$22,000
Sales tax$1,540
Insurance$4,500
Registration$750
Maintenance$1,260
Opportunity cost of capital$2,640
Resale value (credit)−$13,682

Expected resale, net of selling costs: $13,682 (range $11,895 to $15,617)

If you rent: $22,320 total

Rental payments$22,320

Fuel and tolls are excluded on both sides; you pay them either way.

Chevrolet Trax depreciation in USA, by the numbers

Estimated new price$22,000
Annual depreciation rate13.2% per year
Estimated value after 1 year $19,102 (87% retained)
Estimated value after 2 years $16,586 (75% retained)
Estimated value after 3 years $14,402 (65% retained)
Estimated value after 5 years $10,858 (49% retained)
Typical resale range at 3 years $12,521 to $16,439
Break-even rent (default assumptions) $528/month
Data behind this curve calibrated estimate · 123 data points · R² 0.93

Figures assume a new purchase at typical mileage. The calculator above lets you set your actual price, age, odometer, financing, and holding period.

Frequently asked

How much does a Chevrolet Trax depreciate per year in USA?

Roughly 13.2% per year, based on our calibrated market model. Higher-than-average mileage accelerates the loss.

What will a Chevrolet Trax be worth after 3 years?

Around 65% of what you paid, about $14,402 on a $22,000 car at typical mileage (with a realistic range either side; we show a 10-90% band, not a single false-precision number).

Should I buy or rent a Chevrolet Trax in USA?

It hinges on the monthly rental rate you can get. At default assumptions (3 years, cash, 12,000 miles/year, 7% sales tax), the break-even is about $528/month: if you can rent below that, renting wins; above it, buying wins. Use the calculator to plug in your actual numbers.

Curve fit: calibrated estimate · n = 123 · R² = 0.93 · updated 2026-07-12 · methodology