Automobile Magazine Homepage Subscribe Now
Get Adobe Flash player

2007 Chevrolet Tahoe LT Utility Ownership Costs

Smart car buyers realize that the price you pay for a used car is never the invoice price or MSRP when it’s all said and done. Review the total cost of ownership for a 2007 Chevrolet Tahoe LT Utility purchase including depreciation, fees and taxes, financing, insurance, and more.
Looking for a used car? Search our classified ads below!
2007 Chevrolet Tahoe Research

2007 Chevrolet Tahoe

Resale Value:$25,545  |  Get Internet Pricing from a Local Dealer!
Transmissions: 4-Speed Automatic
Drivetrains: Four Wheel Drive; Rear Wheel Drive; Two Wheel Drive

2007 Tahoe Ownership Costs

YEAR 1YEAR 2YEAR 3YEAR 4YEAR 55 YR TOTAL
Depreciation$4,509$3,973$3,474$3,848$3,689$19,493
Financing$1,912$1,536$1,136$711$261$5,556
Insurance$1,499$1,499$1,499$1,499$1,499$7,494
State Fees$117$85$83$76$74$435
Fuel$1,771$1,945$2,136$2,346$2,576$10,773
Maintenance$78$131$171$1,010$179$1,570
RepairsN/AN/A$96$208$229$533
Cost Per Year$9,886$9,169$8,595$9,697$8,507$45,854
Hybrid Tax CreditN/A
5-Year Cost of Similar Vehicles$50,961
Difference$5,108
Value RatingExcellent
Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs can save you money and help you make a wiser financial decision when it comes to select a vehicle.

Regardless of the "value" claims that you may read in car reviews or hear in ads, a vehicle economic value is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is "what you pay" and the ownership costs are "what you get." the less you pay for what you get the better off you are.

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.

Intellichoice releases its final analysis for the current model year, annually each January. For additional comparative information you may wish to review the other Near Luxury category winners for this year. The ownership costs for early release new model year vehicles is estimated, with ratings and Best Overall Value winners not available until complete data can be compiled.

Intellichoice also updates the Best Deals results each month in order to capture the many expiring rebates and ongoing programs, current pricing, and market conditions, giving the consumer the most up-to-date data analysis.
 
Report: GM in talks to buy Chrysler!!!!!!!!!!!!
MSNBC News ServicesUpdated: 10:23 a.m. PT Feb 16, 2007 DETROIT - General Motors Corp. is in talks... more
 
2007 Chevrolet Suburban - Long Term Review
General Motors has been hyping their new line of full-size SUVs A LOT. Are they all talk? We'll... more
 
Future Chevrolet Lineup Emphasizes Small Cars, Crossovers
If there's one GM brand that's not in doubt, it's Chevrolet. Although the lineup and model mixture... more
 
Are crossovers the next SUV?
Another day, another crossover. As long as gas prices hover in the $3.50-$4.00 range, we anticipate... more
 
EDITORS' NOTEBOOK: 2008 Toyota Sequoia, Day 1
Read David Yochum's comments on driving the 2008 Toyota Sequoia.... more
 
The government pays you to go green? Yep.
Didn't know how beneficial hybrids were beyond the pump? Neither did I, until I clicked on... more