Chevrolet Tahoe debuted in 1994. The name Tahoe comes from Lake Tahoe and it shows that the SUV is able to explore rugged terrain. Over the years, Chevrolet has improved this full-size SUV to make it more spacious, more comfortable, safer, and give it better handling.
You can drive a Tahoe in different sorts of terrains, but does the SUV last as long as Toyota models? Will it still have its value after many miles?
How Many Miles Should a Chevy Tahoe Last?
A Chevrolet Tahoe holds its value for a long time and is among the longest lasting cars. The SUV will last between 200,000 miles and 300,000 miles or longer with good care and maintenance.
According to a study conducted by iSeeCars, the Tahoe ranks position seven among the longest-lasting SUVs that serve owners for more than 200k miles. The list only has 15 of the top longest lasting cars and the Toyota Land Cruiser tops that list.
From the report, iSeeCars analyzed more than 15.8 million vehicles in 2019 in a bid to find the models that lasted 200k miles or longer. In average, only 0.9% of vehicles make it past the 200k mile mark. The Chevy Tahoe has 4.1% of its vehicles getting over 200k miles while the Toyota Land Cruiser has 15.7% of its cars getting to 200k miles.
The durability of the Tahoe depends on how well you take care of it. If you take good care of the Tahoe, it will last up to 300,000 miles or even longer. You, however, need to understand your Tahoe options when shopping for one.
How Reliable is a Chevy Tahoe?
When you are shopping for a Chevy Tahoe, there are several factors you need to consider, including the history of the model year you want to buy. The vehicle has a solid record, and it is highly durable. There are some model years that may have a few issues, but the SUV is generally durable.
If you have an early model, you may have a few issues with cooling and heating, but that doesn’t affect most models. Over the years, Chevrolet has addressed most of the issues that the Tahoe may be having, and this has made the model reliable.
You can check the reliability rating of the Tahoe on J.D. Power. The 2021 model of the Tahoe has a reliability rating of 87%, which is great, on J.D. Power. You can check the model year of the Tahoe you want to buy to ensure that you get the best.
Which Model Years Should You Avoid?
Although the Tahoe holds it value for many years, miles, and lasts a long time, there are some model years that had issues. Most of the models on the market will meet your needs on and off the road. If you need a spacious SUV model, smooth handling, and a ride that you will enjoy, the Tahoe will offer you that.
Some of the years that have issues include 1999, 2004, 2005, 2007, 2008, 2009, and 2015. All other models since 1994 do not have major issues that may give you challenges. With these seven models, the major issue has been interior accessory defects.
Some of the reported issues include crashed dashboard and incorrect speedometer reading. Except the 1999 model, all the others have had a crashed dashboard. The main challenge with the 2004 and 2005 is a defective speedometer. The 2015 model has defective interior lights that keep flashing even when you do not light them up.
You may also have issues such as a defective radio system and a bad lock actuator. Besides, issues with accessories, these Tahoes drive smoothly except for the 1999 model.
The 1999 model has an issue with its engine. This model will have issues such as blown engines, intake gasket failures, and sometimes the engine may lose power when it starts to climb a hill. These engine issues will present a risk to you and the passengers you are carrying. Avoid this model if you need your Tahoe to last many miles.
There are also such engine troubles with models such as the 2004, 2007, 2008, and the 2009 model. Of these models, the 2007, 2008, and 2009 models have had issues with consuming excessive oil. These three models also require constant maintenance that will cost you money.
If you have a 2015 model of the Tahoe, your AC system will have issues once you hit 50,000 miles. You can repair the AC, which will cost you about $1,000, but if there are other issues with your system, you will spend so much money on repairs.
The 2007 model of the Tahoe, overall, has the highest number of issues among all the others. However, if you love the Chevy Tahoe, it is best that you avoid these models that may give you challenges.
All the other models are safe for you to buy, and they will go for many miles. You can be confident buying any of these models knowing that they have received a few or no complaints. Most of the earliest models of the Tahoe have received praises and only a few complaints.
For almost two decades now, most of the early models of the Tahoe are still standing strong. You may have minor issues, but these are nothing to make you keep of the Tahoe.
How Fast Does the Chevy Tahoe Depreciate?
The Chevrolet Tahoe depreciates at a rate of about 39% after five years. When new, the SUV will sell at around $66,363. It depreciates fast during the first few years, but after that, the depreciation rate flattens. After the first year, the SUV will depreciate to about 76%.
After the second year, the residue value will be about 69%. In the third, fourth, and fifth year, the residue value of the SUV will be about 68%, 66%, and 61% respectively. The depreciation continues up to the tenth year where it finally flattens.
By the tenth year, your SUV will have a residue value of about 31%. You will sell your SUV for about $20,630 after about 10 years. You can take good care of your Tahoe to ensure that it holds its value even after many years of use.
Why Chevy Tahoe is a Good SUV?
Chevy Tahoe is an impressive SUV when you need to explore off the road. You can take it on adventure, and it still drives great on the road. The SUV combines space, drivability, comfort, and convenience.
The 2020 and the 2021 models are the most advanced of all models. However, except the models listed above that you should avoid, most of the other models offer you value for your money. The US News and World Report rated the 2021 Chevy Tahoe position two in large SUVs only beaten by the Ford Expedition.
The Ford Expedition is the main rival of the Chevy Tahoe. The Expedition offers more premium materials and a more upscale look. It also tows more, 9,300 pounds, compared to the 8,400 pounds that the Tahoe can tow.
In fuel economy, the Expedition has a higher efficiency rating, but this is only because it offers a standard twin-turbo V6 while the Tahoe has a more powerful standard V8 engine. If you need modern safety and entertainment features, the Tahoe offers you that. It has larger touchscreen displays with wireless smartphone connectivity.
The two SUVs have so many similar features, and it would be challenging to choose the best – go with your tastes and preferences.
The Chevy Suburban is like a Tahoe with a longer wheelbase providing more legroom for the passengers in the rear seat. Most of the features in the Chevy Tahoe are the same as those in the Suburban.
The Tahoe is for people who love adventure. You can use it to tow a camper, boat, and anything else you need for an adventure. It offers 25.5 cubic feet of space behind the third row seating and 72.6 cubic feet behind the second row seating. If you still need more space, you can fold the third and second row and you will have 122.9 cubic feet of space for your cargo.
Your Tahoe might depreciate in value greatly in the first five years, but it can also go for many miles in those five years if you take good care of it. There are so many factors that determine how much value your car loses in its first ten years, including how often you service it and the conditions in which you drive it.
If you allow a professional mechanic to take care of your car, you may still have it 300k miles after driving the first mile. However, if you choose to buy a used car, you need to research on the model year to ensure that you get value for your money.
Stay away from model years that have so many complaints online. You can also go for the recent models, which have seen improvements to address some of the complaints raised by users.