GMC - Yukon XL (2023)

• Model Year: 2023
• Engine: 6.2‑liter V8 (456 horsepower, 420 lb‑ft of torque)
• Transmission: 10‑speed automatic
• Drive: 4WD (Standard on most trims)
• Fuel Type: Regular gasoline
• Seating Capacity: 7–8 passengers
• Dimensions: Length 216.9 in / Width 83.8 in / Height 76.6 in
• Wheelbase: 129.8 in
• Cargo Space: 27.6 cu ft (front seats up) + 111.6 cu ft (front seats flat)
• Towing Capacity: Up to 12,000 lb with proper package
• Trim Levels: SL (standard), SL 1⁄2, SL 1⁄2 4×4, LE 4×4, Luxury, AT4
• Key Features: 12‑inch touchscreen, integrated 12‑speaker audio, 28‑inch rear display, adaptive cruise control, and a freshman infotainment interface.

Understanding how a GMC Yukon XL depreciation curve shapes the vehicle’s long‑term ownership cost can set realistic expectations on resale opportunities and maintain value. Below we outline a typical depreciation timeline for a brand‑new 2023 Yukon XL:

• First year: 15–20% depreciation on the original invoice price.
• Two years: cumulative loss around 30–35%.
• Three years: typically drops to 40–45%.
• Five years: drives below 55–60% of original value.

These percentages represent averages across the industry and can shift based on factors such as mileage, condition, optional equipment, and market demand. A 2023 GMC Yukon XL that stays within the heavy‑duty, full‑size segment often retains more of its value compared to cleaner‑looking, lower‑priced rivals.

When comparing to similar models, the Yukon XL holds its own against the likes of Chevrolet Tahoe and Ford Expedition. While the Tahoe delivers comparable muscle power and a slightly lower MSRP, Yukon XL’s extended wheelbase offers superior cargo space, especially in the fourth‑seat cabin. The Expedition, on the other hand, often commands a 2‑3% lower price for comparable trims, but it lags in off‑road capability and luxury appointments.

Over extended ownership, the Depreciation** curve for the GMC Yukon XL price is noticeably smoother than pure crossover cousins like the Ford Explorer, helping owners maintain a steadier equity balance. That said, the initial depreciation of 15–20% mitigates any sense of immediate financial loss upon pickup.