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2002 GMC Yukon
Invoice: $29,829 - $41,421
Miles Per Gallon
City: 12 MPG - 15 MPG
Highway: 15 MPG - 19 MPG
Body Style: N/A
Engines: 4.8L V-8 275 HP, 6.0L V-8 320 HP
If you need three rows of seats on a regular basis and a minivan doesn't offer enough cargo room, then this is one of the best vehicles available for the job. And the only reason we say "one of" is because the Chevrolet Suburban is the other one. Each delivers the same great ability to carry six to nine people and/or a boatload of cargo. And they do it in comfort. Based on GM's excellent full-size truck platform, the GMC Yukon XL and the Chevy Suburban are in many respects identical, but there are some key differences that go well beyond styling cues. GMC is GM's upscale truck division, so the Yukon XL is available with more luxury, more power, and better handling in adverse conditions than what's available from Chevrolet. At the top of the GMC model line is the Yukon XL Denali, an upscale version of the Yukon XL that comes with a powerful 6.0-liter V8 and all-wheel drive. Completely re-engineered for the 2000 model year, the Yukon XL was further refined for 2001 and the Denali model was added. For 2002, the transmissions, the steering system, starter motors, child seat anchors, and other parts have been upgraded or redesigned for improved durability or better operation. More low-emissions models are also available. But, for the most part, the Yukon XL is unchanged over last year.
Purchasing an older vehicle, such as the 2002 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 2002 GMC Yukon for less money than when it was new. If the 2002 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 2002 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 2002 GMC Yukon will have a very good resale value. This assumes that the 2002 GMC Yukon is in good condition and has a reasonable number of miles.
Find a used 2002 GMC Yukon for sale at CarsDirect.
