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2002 GMC Envoy
Invoice: $26,765 - $31,145
Miles Per Gallon
City: 15 MPG - 16 MPG
Highway: 21 MPG - 22 MPG
Body Style: N/A
Engines: 4.2L I-6 270 HP
In the past, it was an either/or deal when considering the GMC or Chevrolet sport-utilities: Blazer and Envoy (Jimmy) were pretty much the same. But when GM reinvented its midsize SUVs for 2002, it made a market-based decision to make the GMC distinct. The new GMC Envoy does use the same chassis and powerful new inline six-cylinder engine as the Chevy TrailBlazer, but after that there are many significant differences, most notably the body styling, interior, and available air suspension. These differences drive the Envoy uptown.
Purchasing an older vehicle, such as the 2002 GMC Envoy, 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 2002 GMC Envoy for less money than when it was new. If the 2002 GMC Envoy 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 2002 GMC Envoy 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 2002 GMC Envoy will have a good resale value. This assumes that the 2002 GMC Envoy is in good condition and has a reasonable number of miles.
Find a used 2002 GMC Envoy for sale at CarsDirect.
