The GMC Yukon has earned a 2022 Best Resale Value Award from Kelley Blue Book in the Full-Size SUV category.
Kelley Blue Book’s annual Best Resale Value Awards are recognition of the automakers and vehicle models that retain the highest percentage of their original value on the used market. The publication says an average 2022 model-year vehicle will only retain about 43 percent of its original value after a five-year ownership period, which means a vehicle that sells for $45,000 new today will only be worth about $19,350 five years down the road. However, vehicles that receive one of its Resale Value awards, like the GMC Yukon, typically retain around 56 percent or more of their original price on the used market.
Kelley Blue Book says much of a vehicle’s resale value is based on supply and demand, as well as “current and projected future market conditions.” The GMC Yukon is in high demand and, due to the ongoing semiconductor shortage, is unfortunately in somewhat short supply. Some vehicles also retain a high percentage of their original value as they are not often discounted from new and generate high levels of consumer interest, it says, which also applies to the GMC Yukon. Finding heavy discounts in these full-size SUVs is rare at dealerships, so many consumers will turn to the used market when shopping for one – keeping residual values up.
Other GM vehicles that received awards for resale value from Kelley Blue Book this year include the GMC Sierra (full-size pickup category) and Chevy Corvette (sports car category). Toyota took the overall award for mass-market brands, while Lexus was the top performer among luxury brands.
Pricing for the 2022 GMC Yukon starts at $54,690 including destination and freight, while the extended-wheelbase Yukon XL is priced from $56,395 with DFC.
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Comments
Wow, I guess when only about 6 people got one fully loaded its not surprising the resell would be a little better. LOL
I’m thankful that I purchased my 2021 Yukon XL Denali in Dec of 2020 (although it took 6 months from order date). I got it right before all of the “shortages”. However, I’m still in the LARGE group with many recalls. I got 55K for my extremely low mileage 2018 Yukon XL Denali trade-in. I think I’ll hold on to this one for a while.
Same thing here. Got mine in October of 2020. Only thing I am worried about is the lifter issue. If I get past that it tuned about great.
I’m still holding my breath on that one too! I don’t have a lot of miles on it. But, I’ve read where many have had it right away, while others have it after 20K miles or more. It’s like a ticking time bomb that you have no idea if you’re one of the unlucky ones that have it explode!
Yeah, I just rolled over 25,000 and hope I don’t get stung on this. Not sure about you but I have probably had 5 recalls or more. This is our 6th Yukon XL Denali, but it may be our last.
Good luck.
I only have 4,000 miles on it (I live in a VERY small town). I’ve had 4 recalls so far. This is my 3rd Yukon XL Denali, and will probably be my last too. Good luck to you as well.
Are the 2022 Yukon’s clear of the engine lifter issues and other defects that have prompted so many recalls w/ the 2021’s?
There is a set of “build dates” that GM has published that allegedly can be checked against the vehicle build date that will tell you if your vehicle has a “potential” for lifter issues. I don’t have those handy but you can probably finding it using google. With a 2022 you should be fine but check those build dates.