SUV, Large
2011 Chevrolet Tahoe
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Three is this year’s lucky number for the Chevrolet Tahoe. It wins Vincentric’s Best Value in America Award for the Large SUV category for the third year running due, in part, to three key highlights: Lowest depreciation rate, the lowest fuel costs and the lowest total cost of ownership compared to the seven other vehicles in its class. It doesn’t hurt to also have low insurance costs.
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2011 Chevrolet Tahoe LS 4D Utility 2WD |
Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
Depreciation: |
$11,059 |
$2,819 |
$2,044 |
$2,003 |
$1,962 |
$19,887 |
Fees & Taxes: |
2,028 |
131 |
138 |
119 |
127 |
$2,543 |
Finance: |
1,551 |
1,244 |
919 |
573 |
207 |
$4,494 |
Fuel: |
2,661 |
2,755 |
2,854 |
2,955 |
3,060 |
$14,285 |
Insurance: |
1,123 |
1,111 |
1,100 |
1,088 |
1,077 |
$5,499 |
Maintenance: |
86 |
102 |
164 |
1,741 |
180 |
$2,273 |
Opportunity Cost: |
69 |
107 |
146 |
196 |
236 |
$754 |
Repairs: |
0 |
0 |
424 |
706 |
706 |
$1,836 |
Total: |
$18,577 |
$8,269 |
$7,789 |
$9,381 |
$7,555 |
$51,571 |
Vincentric's Best Value in America awards are based on the model level average of all trim levels within the model. Ownership costs for each trim level are measured at annual mileages of 10,000, 15,000, and 20,000. Results shown above assume 15,000 miles per year for the trim level described.
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