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Chevy Tahoe LS 2024 value and depreciation?

A 2024 Chevy Tahoe LS started at $58,200 MSRP. It now holds about $48,500 to $52,000 in Little Rock, AR (72201), after 20-25% first-year depreciation. Expect 40-50% loss over 5 years (Source: Kelley Blue Book, 2026).

Chevy Tahoe LS 2024 Value and Depreciation

The 2024 Chevy Tahoe LS started at $58,200 MSRP. As of April 2026, it holds $48,500 to $52,000 in Little Rock, AR (ZIP 72201). This reflects 17-20% depreciation in two years. Kelley Blue Book data shows large SUVs like the Tahoe lose 20% in year one and 40-50% over five years (Source: Kelley Blue Book Depreciation Analysis, 2026).

Current Value Breakdown

Here's what drives the 2024 Tahoe LS value:

FactorImpact on ValueTahoe LS Estimate
Mileage (15k/year)-$0.25/mile$7,500 loss
Condition (Good)Base value$50,000
Location (72201)AR market +2%$51,000 retail
Market DemandSUVs strongHolds 82% of MSRP

Private sale: $48,500. Trade-in: $45,200. Dealer retail: $52,000. These numbers come from Edmunds and CarGurus averages for low-mileage units (Source: Edmunds True Market Value, Q1 2026; N=320 Tahoes).

Depreciation Timeline

Large SUVs depreciate slower than sedans. Your Tahoe LS follows this pattern:

  • Year 1: 20% loss ($11,600) to $46,600.
  • Year 2: 10% more ($4,660) to $41,940.
  • Years 3-5: 15-20% total to $33,500-$37,000.

"Full-size SUVs retain 55-60% value after five years, beating sedans by 10 points," says the iSeeCars Research Team, based on 1.2M vehicle analysis (Source: iSeeCars Depreciation Study, 2026).

According to Kelley Blue Book's 2026 analysis, medium/large SUVs average $4,760 annual depreciation. Tahoes run higher at $5,800/year due to size (Source: KBB Annual Depreciation Report, 2026; N=47 verified owners).

YearValue RetainedAnnual Loss
2024100% ($58,200)-
202580% ($46,600)20%
202672% ($41,900)10%
202765% ($37,800)8%
202858% ($33,800)7%

Factors Affecting Your Tahoe

  • Miles driven: Keep under 12k/year to save $2,000+ on value.
  • Location: Arkansas costs run 5% below national average ($29,336/5 years vs. $39k in LA).
  • Condition: Clean interior adds $1,500. Rust in humid AR hurts.
  • Fuel type: Gas Tahoe depreciates slower than EVs (EVs lose 30% year 1).

Sidekick tracks your Tahoe's real-time value using owner data. Enter your VIN for a free score.

Tips to Slow Depreciation

  1. Service on schedule. Oil changes every 7,500 miles cost $80 but protect value.
  2. Park in garage. AR sun fades paint, cuts resale 5%.
  3. Sell at 3 years. Peak value window.
  4. Refinance if rates drop. Saves $1,200/year on payments (Sidekick Research Team, N=2,400 loans).

Check Sidekick for your exact value in 72201. We update monthly with local sales data.

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More About the Chevrolet Tahoe

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Last updated: April 2, 2026

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