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2001 GMC Yukon
Invoice: $28,393 - $40,381
Miles Per Gallon
City: 12 MPG - 15 MPG
Highway: 16 MPG - 20 MPG
Body Style: N/A
Engines: 4.8L V-8 275 HP, 6.0L V-8 320 HP
GMC completely redesigned its Yukon full-size SUV for 2000, but the luxurious Denali version had to wait until 2001. Now it's here. Yukon Denali sits at the top of GMC's SUV lineup, just one rung below GM's 2001 Cadillac Escalade luxury sport-utility. The most visible difference between the Yukon Denali and the regular Yukon is the Denali's aftermarket-inspired chrome grille, in place of the Yukon's blacked out grille. Behind that facade, however, is some hardware that sets the Denali apart from the rest of the Yukon line: a more powerful 6.0-liter V8 and a full-time all-wheel-drive system. Neither the engine nor the AWD system is available on the other Yukon models. Nor does Chevrolet offer anything comparable in its Tahoe line. GMC's 2001 Yukon Denali rides on the same hydroformed frame and five-link coil spring rear suspension that gives the standard Yukon a smooth ride and surprisingly responsive handling. Denali's luxury touches don't overlook the fact that GMC customers will want to tow their boat to the lake or pull their daughter's horse trailer to the show, so it is loaded with features for towing and moving cargo. The bigger engine will help pull any load, while the all-wheel-drive system is just the ticket for pulling a boat up a water-slicked landing. (Denali shares its basic architecture with the GMC Yukon, Yukon XL and Yukon Denali XL, Chevrolet Tahoe and Suburban, and Cadillac Escalade. It is arguably the best full-size SUV and pickup platform on the market.)
Purchasing an older vehicle, such as the 2001 GMC Yukon, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2001 GMC Yukon for less money than when it was new. If the 2001 GMC Yukon was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2001 GMC Yukon is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2001 GMC Yukon will have a very good resale value. This assumes that the 2001 GMC Yukon is in good condition and has a reasonable number of miles.
Find a used 2001 GMC Yukon for sale at CarsDirect.
