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2009 Chevrolet Tahoe LT Sport Utility Ownership Costs
Smart car buyers realize that the price you pay for a new car is never the invoice
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price or MSRP when it’s all said and done. Review the total cost of ownership for a 2009 Chevrolet Tahoe LT Sport Utility purchase including depreciation, fees and taxes, financing, insurance, and more.
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2009 Chevrolet Tahoe Costs of Ownership
| YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | 5 YR TOTAL |
| Depreciation | $7,178 | $5,243 | $4,697 | $4,955 | $4,675 | $26,748 |
| Financing | $2,123 | $1,714 | $1,265 | $795 | $283 | $6,180 |
| Insurance | $1,425 | $1,425 | $1,425 | $1,425 | $1,425 | $7,123 |
| State Fees | $122 | $87 | $84 | $76 | $73 | $443 |
| Fuel | $2,493 | $2,760 | $3,056 | $3,384 | $3,746 | $15,438 |
| Maintenance | $86 | $134 | $86 | $936 | $305 | $1,548 |
| Repairs | N/A | N/A | $113 | $245 | $271 | $629 |
| Cost Per Year | $13,427 | $11,363 | $10,727 | $11,816 | $10,778 | $58,110 |
| Hybrid Tax Credit | N/A |
| 5-Year Cost of Similar Vehicles | $64,140 |
| Difference | $6,030 |
| Value Rating | Excellent |
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.
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