Used 2016 Chevrolet Silverado 1500 Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Silverado 1500 Regular Cab

Z71 LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$52,198*

Total Cash Price

$31,998

Z71 LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

True Cost to Own

$45,619*

Total Cash Price

$27,965

LS 2dr Regular Cab LB (4.3L 6cyl 6A)

True Cost to Own

$52,637*

Total Cash Price

$32,267

Work Truck 2dr Regular Cab LB (4.3L 6cyl 6A)

True Cost to Own

$57,462*

Total Cash Price

$35,225

LT 2dr Regular Cab SB (4.3L 6cyl 6A)

True Cost to Own

$64,041*

Total Cash Price

$39,258

LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$49,566*

Total Cash Price

$30,385

LS 2dr Regular Cab SB (4.3L 6cyl 6A)

True Cost to Own

$52,637*

Total Cash Price

$32,267

LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

True Cost to Own

$45,619*

Total Cash Price

$27,965

LS 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

True Cost to Own

$57,023*

Total Cash Price

$34,956

LT 2dr Regular Cab LB (4.3L 6cyl 6A)

True Cost to Own

$54,391*

Total Cash Price

$33,342

Work Truck 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$51,321*

Total Cash Price

$31,460

Work Truck 2dr Regular Cab SB (4.3L 6cyl 6A)

True Cost to Own

$58,339*

Total Cash Price

$35,762

LS 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$49,566*

Total Cash Price

$30,385

Work Truck 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

True Cost to Own

$51,321*

Total Cash Price

$31,460

Silverado 1500 Double Cab

LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A)

True Cost to Own

$46,934*

Total Cash Price

$28,771

LS 4dr Double Cab SB (4.3L 6cyl 6A)

True Cost to Own

$57,462*

Total Cash Price

$35,225

Custom 4dr Double Cab SB (4.3L 6cyl 6A)

True Cost to Own

$60,532*

Total Cash Price

$37,107

Z71 LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$53,514*

Total Cash Price

$32,805

LTZ 4dr Double Cab SB (5.3L 8cyl 8A)

True Cost to Own

$56,585*

Total Cash Price

$34,687

Z71 LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A)

True Cost to Own

$50,005*

Total Cash Price

$30,653

LT 4dr Double Cab SB (4.3L 6cyl 6A)

True Cost to Own

$57,023*

Total Cash Price

$34,956

Custom 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$63,164*

Total Cash Price

$38,720

LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$43,864*

Total Cash Price

$26,889

LS 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$43,864*

Total Cash Price

$26,889

Work Truck 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$60,971*

Total Cash Price

$37,376

Work Truck 4dr Double Cab SB (4.3L 6cyl 6A)

True Cost to Own

$64,480*

Total Cash Price

$39,527

Silverado 1500 Crew Cab

Work Truck 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$49,566*

Total Cash Price

$30,385

Work Truck 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$47,373*

Total Cash Price

$29,040

LS 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$52,637*

Total Cash Price

$32,267

Z71 LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$65,357*

Total Cash Price

$40,065

LS 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$64,919*

Total Cash Price

$39,796

LTZ 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$60,971*

Total Cash Price

$37,376

LTZ 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$58,778*

Total Cash Price

$36,031

Z71 LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$43,864*

Total Cash Price

$26,889

LT 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$62,726*

Total Cash Price

$38,451

LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$63,164*

Total Cash Price

$38,720

LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$59,216*

Total Cash Price

$36,300

LT 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$45,180*

Total Cash Price

$27,696

Z71 LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$48,689*

Total Cash Price

$29,847

LS 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$45,619*

Total Cash Price

$27,965

Z71 LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$48,689*

Total Cash Price

$29,847

LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$44,303*

Total Cash Price

$27,158

LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$57,023*

Total Cash Price

$34,956

High Country 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$52,637*

Total Cash Price

$32,267

High Country 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$57,462*

Total Cash Price

$35,225

High Country 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$44,303*

Total Cash Price

$27,158

High Country 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$58,339*

Total Cash Price

$35,762

Work Truck 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$48,250*

Total Cash Price

$29,578

Work Truck 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$46,057*

Total Cash Price

$28,233

LS 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$44,303*

Total Cash Price

$27,158

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Z71 LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$937$965$994$1,023$1,054$4,973
Maintenance$2,226$1,363$1,245$1,800$2,895$9,530
Repairs$557$645$753$878$1,025$3,858
Taxes & Fees$1,726$55$55$55$55$1,944
Financing$1,721$1,384$1,025$641$231$5,002
Depreciation$6,530$2,607$2,317$2,079$1,894$15,427
Fuel$2,160$2,224$2,291$2,360$2,430$11,464
True Cost to Own®$15,856$9,243$8,679$8,837$9,584$52,198

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Z71 LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$818$843$868$894$921$4,346
Maintenance$1,946$1,191$1,088$1,574$2,530$8,328
Repairs$487$564$658$768$895$3,372
Taxes & Fees$1,508$48$48$48$48$1,699
Financing$1,504$1,210$895$561$202$4,371
Depreciation$5,706$2,279$2,025$1,817$1,656$13,483
Fuel$1,888$1,944$2,002$2,062$2,124$10,019
True Cost to Own®$13,857$8,078$7,585$7,723$8,376$45,619

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LS 2dr Regular Cab LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$944$973$1,002$1,032$1,063$5,015
Maintenance$2,245$1,374$1,255$1,816$2,920$9,610
Repairs$562$650$760$886$1,033$3,890
Taxes & Fees$1,740$55$55$55$55$1,961
Financing$1,735$1,396$1,033$647$233$5,044
Depreciation$6,584$2,629$2,336$2,096$1,910$15,557
Fuel$2,178$2,243$2,310$2,380$2,450$11,561
True Cost to Own®$15,989$9,320$8,752$8,911$9,665$52,637

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Work Truck 2dr Regular Cab LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,031$1,062$1,094$1,127$1,161$5,474
Maintenance$2,451$1,500$1,370$1,982$3,187$10,490
Repairs$613$710$829$967$1,128$4,247
Taxes & Fees$1,900$60$60$60$60$2,141
Financing$1,894$1,524$1,128$706$254$5,506
Depreciation$7,188$2,870$2,551$2,289$2,086$16,983
Fuel$2,378$2,448$2,522$2,598$2,675$12,621
True Cost to Own®$17,454$10,175$9,554$9,728$10,551$57,462

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LT 2dr Regular Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,149$1,184$1,219$1,256$1,294$6,101
Maintenance$2,732$1,672$1,527$2,209$3,552$11,692
Repairs$683$791$924$1,077$1,257$4,733
Taxes & Fees$2,117$67$67$67$67$2,386
Financing$2,111$1,698$1,257$787$283$6,136
Depreciation$8,011$3,199$2,843$2,551$2,324$18,927
Fuel$2,650$2,729$2,811$2,895$2,981$14,066
True Cost to Own®$19,453$11,340$10,648$10,842$11,759$64,041

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$889$916$944$972$1,001$4,722
Maintenance$2,114$1,294$1,182$1,710$2,749$9,049
Repairs$529$612$715$834$973$3,663
Taxes & Fees$1,638$52$52$52$52$1,846
Financing$1,634$1,314$973$609$219$4,749
Depreciation$6,200$2,476$2,200$1,974$1,799$14,649
Fuel$2,051$2,112$2,175$2,241$2,307$10,886
True Cost to Own®$15,056$8,777$8,241$8,391$9,101$49,566

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LS 2dr Regular Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$944$973$1,002$1,032$1,063$5,015
Maintenance$2,245$1,374$1,255$1,816$2,920$9,610
Repairs$562$650$760$886$1,033$3,890
Taxes & Fees$1,740$55$55$55$55$1,961
Financing$1,735$1,396$1,033$647$233$5,044
Depreciation$6,584$2,629$2,336$2,096$1,910$15,557
Fuel$2,178$2,243$2,310$2,380$2,450$11,561
True Cost to Own®$15,989$9,320$8,752$8,911$9,665$52,637

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$818$843$868$894$921$4,346
Maintenance$1,946$1,191$1,088$1,574$2,530$8,328
Repairs$487$564$658$768$895$3,372
Taxes & Fees$1,508$48$48$48$48$1,699
Financing$1,504$1,210$895$561$202$4,371
Depreciation$5,706$2,279$2,025$1,817$1,656$13,483
Fuel$1,888$1,944$2,002$2,062$2,124$10,019
True Cost to Own®$13,857$8,078$7,585$7,723$8,376$45,619

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LS 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,023$1,054$1,086$1,118$1,152$5,433
Maintenance$2,432$1,489$1,360$1,967$3,163$10,410
Repairs$608$705$823$959$1,119$4,215
Taxes & Fees$1,885$60$60$60$60$2,124
Financing$1,880$1,512$1,119$701$252$5,464
Depreciation$7,133$2,848$2,531$2,271$2,070$16,853
Fuel$2,360$2,430$2,503$2,578$2,655$12,524
True Cost to Own®$17,321$10,097$9,481$9,654$10,470$57,023

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LT 2dr Regular Cab LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$976$1,006$1,035$1,066$1,099$5,182
Maintenance$2,320$1,420$1,297$1,876$3,017$9,930
Repairs$580$672$785$915$1,068$4,020
Taxes & Fees$1,798$57$57$57$57$2,026
Financing$1,793$1,442$1,068$668$241$5,212
Depreciation$6,804$2,717$2,414$2,166$1,974$16,075
Fuel$2,251$2,318$2,387$2,459$2,532$11,946
True Cost to Own®$16,522$9,631$9,043$9,208$9,987$54,391

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Work Truck 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$921$949$977$1,006$1,037$4,889
Maintenance$2,189$1,340$1,224$1,770$2,847$9,369
Repairs$548$634$741$863$1,007$3,793
Taxes & Fees$1,697$54$54$54$54$1,912
Financing$1,692$1,361$1,007$631$227$4,918
Depreciation$6,420$2,563$2,278$2,044$1,863$15,168
Fuel$2,124$2,187$2,252$2,320$2,389$11,272
True Cost to Own®$15,589$9,087$8,533$8,688$9,423$51,321

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Work Truck 2dr Regular Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,047$1,079$1,111$1,144$1,178$5,558
Maintenance$2,488$1,523$1,391$2,012$3,236$10,651
Repairs$622$721$842$982$1,145$4,312
Taxes & Fees$1,929$61$61$61$61$2,173
Financing$1,923$1,547$1,145$717$258$5,590
Depreciation$7,298$2,914$2,590$2,324$2,117$17,242
Fuel$2,414$2,486$2,560$2,637$2,716$12,813
True Cost to Own®$17,721$10,330$9,700$9,877$10,712$58,339

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab LS 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$889$916$944$972$1,001$4,722
Maintenance$2,114$1,294$1,182$1,710$2,749$9,049
Repairs$529$612$715$834$973$3,663
Taxes & Fees$1,638$52$52$52$52$1,846
Financing$1,634$1,314$973$609$219$4,749
Depreciation$6,200$2,476$2,200$1,974$1,799$14,649
Fuel$2,051$2,112$2,175$2,241$2,307$10,886
True Cost to Own®$15,056$8,777$8,241$8,391$9,101$49,566

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Regular Cab Work Truck 2dr Regular Cab 4WD LB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$921$949$977$1,006$1,037$4,889
Maintenance$2,189$1,340$1,224$1,770$2,847$9,369
Repairs$548$634$741$863$1,007$3,793
Taxes & Fees$1,697$54$54$54$54$1,912
Financing$1,692$1,361$1,007$631$227$4,918
Depreciation$6,420$2,563$2,278$2,044$1,863$15,168
Fuel$2,124$2,187$2,252$2,320$2,389$11,272
True Cost to Own®$15,589$9,087$8,533$8,688$9,423$51,321

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$842$868$893$920$948$4,472
Maintenance$2,002$1,225$1,119$1,619$2,603$8,569
Repairs$501$580$677$790$921$3,469
Taxes & Fees$1,552$49$49$49$49$1,748
Financing$1,547$1,244$921$577$208$4,497
Depreciation$5,871$2,344$2,083$1,869$1,703$13,871
Fuel$1,942$2,000$2,060$2,122$2,185$10,308
True Cost to Own®$14,257$8,311$7,804$7,946$8,618$46,934

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LS 4dr Double Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,031$1,062$1,094$1,127$1,161$5,474
Maintenance$2,451$1,500$1,370$1,982$3,187$10,490
Repairs$613$710$829$967$1,128$4,247
Taxes & Fees$1,900$60$60$60$60$2,141
Financing$1,894$1,524$1,128$706$254$5,506
Depreciation$7,188$2,870$2,551$2,289$2,086$16,983
Fuel$2,378$2,448$2,522$2,598$2,675$12,621
True Cost to Own®$17,454$10,175$9,554$9,728$10,551$57,462

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Custom 4dr Double Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,086$1,119$1,152$1,187$1,223$5,767
Maintenance$2,582$1,580$1,443$2,088$3,358$11,051
Repairs$646$748$874$1,018$1,188$4,474
Taxes & Fees$2,001$63$63$63$63$2,255
Financing$1,995$1,605$1,188$744$268$5,800
Depreciation$7,572$3,024$2,687$2,411$2,197$17,890
Fuel$2,505$2,579$2,657$2,737$2,818$13,295
True Cost to Own®$18,387$10,718$10,064$10,248$11,115$60,532

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Z71 LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$960$989$1,019$1,049$1,081$5,098
Maintenance$2,283$1,397$1,276$1,846$2,968$9,770
Repairs$571$661$772$900$1,050$3,955
Taxes & Fees$1,769$56$56$56$56$1,993
Financing$1,764$1,419$1,050$658$237$5,128
Depreciation$6,694$2,673$2,375$2,131$1,942$15,816
Fuel$2,214$2,280$2,349$2,419$2,491$11,753
True Cost to Own®$16,255$9,476$8,897$9,060$9,826$53,514

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LTZ 4dr Double Cab SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,015$1,046$1,077$1,109$1,143$5,391
Maintenance$2,414$1,477$1,349$1,952$3,139$10,330
Repairs$604$699$817$952$1,111$4,182
Taxes & Fees$1,871$59$59$59$59$2,108
Financing$1,865$1,500$1,111$695$250$5,422
Depreciation$7,078$2,826$2,512$2,254$2,054$16,724
Fuel$2,341$2,411$2,483$2,558$2,634$12,428
True Cost to Own®$17,188$10,019$9,408$9,580$10,390$56,585

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Z71 LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$897$925$952$980$1,010$4,764
Maintenance$2,133$1,305$1,192$1,725$2,774$9,129
Repairs$534$618$722$841$982$3,696
Taxes & Fees$1,653$52$52$52$52$1,863
Financing$1,648$1,326$982$614$221$4,791
Depreciation$6,255$2,498$2,220$1,992$1,815$14,779
Fuel$2,069$2,131$2,195$2,261$2,328$10,983
True Cost to Own®$15,189$8,854$8,314$8,466$9,182$50,005

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LT 4dr Double Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,023$1,054$1,086$1,118$1,152$5,433
Maintenance$2,432$1,489$1,360$1,967$3,163$10,410
Repairs$608$705$823$959$1,119$4,215
Taxes & Fees$1,885$60$60$60$60$2,124
Financing$1,880$1,512$1,119$701$252$5,464
Depreciation$7,133$2,848$2,531$2,271$2,070$16,853
Fuel$2,360$2,430$2,503$2,578$2,655$12,524
True Cost to Own®$17,321$10,097$9,481$9,654$10,470$57,023

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Custom 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,133$1,168$1,202$1,238$1,276$6,018
Maintenance$2,694$1,649$1,506$2,179$3,504$11,532
Repairs$674$780$912$1,063$1,240$4,668
Taxes & Fees$2,088$66$66$66$66$2,353
Financing$2,082$1,675$1,240$776$279$6,052
Depreciation$7,901$3,155$2,804$2,516$2,292$18,668
Fuel$2,614$2,691$2,772$2,856$2,940$13,873
True Cost to Own®$19,187$11,184$10,502$10,693$11,598$63,164
Ownership Costs: 5-Year Total

Depreciation

$12,964

Taxes & Fees

$1,634

Financing

$4,203

Fuel

$9,634

Insurance

$4,179

Repairs

$3,242

Maintenance

$8,008

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$787$811$835$860$886$4,179
Maintenance$1,871$1,145$1,046$1,513$2,433$8,008
Repairs$468$542$633$738$861$3,242
Taxes & Fees$1,450$46$46$46$46$1,634
Financing$1,446$1,163$861$539$194$4,203
Depreciation$5,487$2,191$1,947$1,747$1,592$12,964
Fuel$1,815$1,869$1,925$1,983$2,042$9,634
True Cost to Own®$13,324$7,767$7,293$7,426$8,054$43,864

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab LS 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$787$811$835$860$886$4,179
Maintenance$1,871$1,145$1,046$1,513$2,433$8,008
Repairs$468$542$633$738$861$3,242
Taxes & Fees$1,450$46$46$46$46$1,634
Financing$1,446$1,163$861$539$194$4,203
Depreciation$5,487$2,191$1,947$1,747$1,592$12,964
Fuel$1,815$1,869$1,925$1,983$2,042$9,634
True Cost to Own®$13,324$7,767$7,293$7,426$8,054$43,864

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Work Truck 4dr Double Cab 4WD SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,094$1,127$1,161$1,195$1,232$5,809
Maintenance$2,601$1,592$1,454$2,103$3,382$11,131
Repairs$651$753$880$1,026$1,197$4,506
Taxes & Fees$2,015$64$64$64$64$2,271
Financing$2,010$1,617$1,197$749$270$5,842
Depreciation$7,627$3,045$2,706$2,428$2,213$18,020
Fuel$2,523$2,598$2,676$2,756$2,838$13,391
True Cost to Own®$18,520$10,796$10,137$10,322$11,195$60,971

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Double Cab Work Truck 4dr Double Cab SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,157$1,192$1,227$1,264$1,302$6,143
Maintenance$2,750$1,683$1,538$2,224$3,577$11,772
Repairs$688$797$931$1,085$1,266$4,766
Taxes & Fees$2,132$68$68$68$68$2,402
Financing$2,126$1,710$1,266$792$285$6,178
Depreciation$8,066$3,221$2,862$2,568$2,340$19,057
Fuel$2,668$2,747$2,830$2,915$3,002$14,162
True Cost to Own®$19,586$11,417$10,721$10,916$11,839$64,480

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$889$916$944$972$1,001$4,722
Maintenance$2,114$1,294$1,182$1,710$2,749$9,049
Repairs$529$612$715$834$973$3,663
Taxes & Fees$1,638$52$52$52$52$1,846
Financing$1,634$1,314$973$609$219$4,749
Depreciation$6,200$2,476$2,200$1,974$1,799$14,649
Fuel$2,051$2,112$2,175$2,241$2,307$10,886
True Cost to Own®$15,056$8,777$8,241$8,391$9,101$49,566

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$850$876$902$929$957$4,513
Maintenance$2,021$1,237$1,130$1,634$2,628$8,649
Repairs$505$585$684$797$930$3,501
Taxes & Fees$1,566$50$50$50$50$1,765
Financing$1,562$1,256$930$582$210$4,539
Depreciation$5,926$2,366$2,103$1,887$1,719$14,001
Fuel$1,960$2,019$2,079$2,142$2,205$10,405
True Cost to Own®$14,390$8,388$7,876$8,020$8,698$47,373

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LS 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$944$973$1,002$1,032$1,063$5,015
Maintenance$2,245$1,374$1,255$1,816$2,920$9,610
Repairs$562$650$760$886$1,033$3,890
Taxes & Fees$1,740$55$55$55$55$1,961
Financing$1,735$1,396$1,033$647$233$5,044
Depreciation$6,584$2,629$2,336$2,096$1,910$15,557
Fuel$2,178$2,243$2,310$2,380$2,450$11,561
True Cost to Own®$15,989$9,320$8,752$8,911$9,665$52,637

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Z71 LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,173$1,208$1,244$1,281$1,320$6,227
Maintenance$2,788$1,706$1,559$2,254$3,625$11,932
Repairs$697$808$943$1,100$1,283$4,831
Taxes & Fees$2,161$69$69$69$69$2,435
Financing$2,155$1,733$1,283$803$289$6,262
Depreciation$8,176$3,265$2,901$2,603$2,372$19,316
Fuel$2,704$2,785$2,868$2,955$3,043$14,355
True Cost to Own®$19,853$11,573$10,867$11,065$12,000$65,357

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LS 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,165$1,200$1,236$1,273$1,311$6,185
Maintenance$2,769$1,695$1,548$2,239$3,601$11,852
Repairs$693$802$937$1,092$1,274$4,798
Taxes & Fees$2,146$68$68$68$68$2,418
Financing$2,140$1,721$1,274$798$287$6,220
Depreciation$8,121$3,243$2,882$2,586$2,356$19,187
Fuel$2,686$2,766$2,849$2,935$3,022$14,258
True Cost to Own®$19,720$11,495$10,794$10,990$11,920$64,919

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,094$1,127$1,161$1,195$1,232$5,809
Maintenance$2,601$1,592$1,454$2,103$3,382$11,131
Repairs$651$753$880$1,026$1,197$4,506
Taxes & Fees$2,015$64$64$64$64$2,271
Financing$2,010$1,617$1,197$749$270$5,842
Depreciation$7,627$3,045$2,706$2,428$2,213$18,020
Fuel$2,523$2,598$2,676$2,756$2,838$13,391
True Cost to Own®$18,520$10,796$10,137$10,322$11,195$60,971

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,055$1,087$1,119$1,152$1,187$5,600
Maintenance$2,507$1,534$1,402$2,027$3,260$10,731
Repairs$627$726$848$989$1,154$4,344
Taxes & Fees$1,943$62$62$62$62$2,190
Financing$1,938$1,558$1,154$722$260$5,632
Depreciation$7,353$2,936$2,609$2,341$2,133$17,372
Fuel$2,432$2,504$2,580$2,657$2,736$12,910
True Cost to Own®$17,854$10,408$9,773$9,951$10,792$58,778

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Z71 LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$787$811$835$860$886$4,179
Maintenance$1,871$1,145$1,046$1,513$2,433$8,008
Repairs$468$542$633$738$861$3,242
Taxes & Fees$1,450$46$46$46$46$1,634
Financing$1,446$1,163$861$539$194$4,203
Depreciation$5,487$2,191$1,947$1,747$1,592$12,964
Fuel$1,815$1,869$1,925$1,983$2,042$9,634
True Cost to Own®$13,324$7,767$7,293$7,426$8,054$43,864

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LT 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,125$1,160$1,194$1,230$1,267$5,976
Maintenance$2,676$1,637$1,496$2,164$3,479$11,451
Repairs$669$775$905$1,055$1,231$4,636
Taxes & Fees$2,074$66$66$66$66$2,337
Financing$2,068$1,663$1,231$771$277$6,010
Depreciation$7,846$3,133$2,784$2,498$2,277$18,539
Fuel$2,595$2,673$2,753$2,836$2,920$13,777
True Cost to Own®$19,053$11,107$10,429$10,619$11,517$62,726

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,133$1,168$1,202$1,238$1,276$6,018
Maintenance$2,694$1,649$1,506$2,179$3,504$11,532
Repairs$674$780$912$1,063$1,240$4,668
Taxes & Fees$2,088$66$66$66$66$2,353
Financing$2,082$1,675$1,240$776$279$6,052
Depreciation$7,901$3,155$2,804$2,516$2,292$18,668
Fuel$2,614$2,691$2,772$2,856$2,940$13,873
True Cost to Own®$19,187$11,184$10,502$10,693$11,598$63,164

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,062$1,095$1,127$1,161$1,196$5,642
Maintenance$2,526$1,546$1,412$2,043$3,285$10,811
Repairs$632$732$855$996$1,162$4,377
Taxes & Fees$1,958$62$62$62$62$2,206
Financing$1,952$1,570$1,162$728$262$5,674
Depreciation$7,407$2,958$2,628$2,358$2,149$17,501
Fuel$2,450$2,523$2,599$2,677$2,757$13,006
True Cost to Own®$17,987$10,485$9,846$10,025$10,873$59,216

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LT 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$811$835$860$886$913$4,304
Maintenance$1,927$1,179$1,077$1,558$2,506$8,248
Repairs$482$558$652$760$887$3,339
Taxes & Fees$1,494$47$47$47$47$1,683
Financing$1,489$1,198$887$555$200$4,329
Depreciation$5,652$2,257$2,005$1,799$1,640$13,353
Fuel$1,869$1,925$1,983$2,042$2,103$9,923
True Cost to Own®$13,724$8,000$7,512$7,649$8,296$45,180

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Z71 LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$874$900$927$955$983$4,639
Maintenance$2,077$1,271$1,161$1,679$2,701$8,889
Repairs$519$602$703$819$956$3,599
Taxes & Fees$1,610$51$51$51$51$1,814
Financing$1,605$1,291$956$598$215$4,665
Depreciation$6,091$2,432$2,161$1,939$1,767$14,390
Fuel$2,015$2,075$2,137$2,201$2,267$10,694
True Cost to Own®$14,790$8,621$8,095$8,243$8,940$48,689

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LS 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$818$843$868$894$921$4,346
Maintenance$1,946$1,191$1,088$1,574$2,530$8,328
Repairs$487$564$658$768$895$3,372
Taxes & Fees$1,508$48$48$48$48$1,699
Financing$1,504$1,210$895$561$202$4,371
Depreciation$5,706$2,279$2,025$1,817$1,656$13,483
Fuel$1,888$1,944$2,002$2,062$2,124$10,019
True Cost to Own®$13,857$8,078$7,585$7,723$8,376$45,619

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Z71 LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$874$900$927$955$983$4,639
Maintenance$2,077$1,271$1,161$1,679$2,701$8,889
Repairs$519$602$703$819$956$3,599
Taxes & Fees$1,610$51$51$51$51$1,814
Financing$1,605$1,291$956$598$215$4,665
Depreciation$6,091$2,432$2,161$1,939$1,767$14,390
Fuel$2,015$2,075$2,137$2,201$2,267$10,694
True Cost to Own®$14,790$8,621$8,095$8,243$8,940$48,689

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$795$819$843$869$895$4,221
Maintenance$1,890$1,156$1,056$1,528$2,457$8,088
Repairs$473$547$639$745$870$3,274
Taxes & Fees$1,465$46$46$46$46$1,650
Financing$1,460$1,175$870$544$196$4,245
Depreciation$5,542$2,213$1,966$1,764$1,608$13,094
Fuel$1,833$1,888$1,944$2,003$2,062$9,730
True Cost to Own®$13,457$7,845$7,366$7,500$8,135$44,303

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,023$1,054$1,086$1,118$1,152$5,433
Maintenance$2,432$1,489$1,360$1,967$3,163$10,410
Repairs$608$705$823$959$1,119$4,215
Taxes & Fees$1,885$60$60$60$60$2,124
Financing$1,880$1,512$1,119$701$252$5,464
Depreciation$7,133$2,848$2,531$2,271$2,070$16,853
Fuel$2,360$2,430$2,503$2,578$2,655$12,524
True Cost to Own®$17,321$10,097$9,481$9,654$10,470$57,023

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab High Country 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$944$973$1,002$1,032$1,063$5,015
Maintenance$2,245$1,374$1,255$1,816$2,920$9,610
Repairs$562$650$760$886$1,033$3,890
Taxes & Fees$1,740$55$55$55$55$1,961
Financing$1,735$1,396$1,033$647$233$5,044
Depreciation$6,584$2,629$2,336$2,096$1,910$15,557
Fuel$2,178$2,243$2,310$2,380$2,450$11,561
True Cost to Own®$15,989$9,320$8,752$8,911$9,665$52,637

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab High Country 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,031$1,062$1,094$1,127$1,161$5,474
Maintenance$2,451$1,500$1,370$1,982$3,187$10,490
Repairs$613$710$829$967$1,128$4,247
Taxes & Fees$1,900$60$60$60$60$2,141
Financing$1,894$1,524$1,128$706$254$5,506
Depreciation$7,188$2,870$2,551$2,289$2,086$16,983
Fuel$2,378$2,448$2,522$2,598$2,675$12,621
True Cost to Own®$17,454$10,175$9,554$9,728$10,551$57,462

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab High Country 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$795$819$843$869$895$4,221
Maintenance$1,890$1,156$1,056$1,528$2,457$8,088
Repairs$473$547$639$745$870$3,274
Taxes & Fees$1,465$46$46$46$46$1,650
Financing$1,460$1,175$870$544$196$4,245
Depreciation$5,542$2,213$1,966$1,764$1,608$13,094
Fuel$1,833$1,888$1,944$2,003$2,062$9,730
True Cost to Own®$13,457$7,845$7,366$7,500$8,135$44,303

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab High Country 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,047$1,079$1,111$1,144$1,178$5,558
Maintenance$2,488$1,523$1,391$2,012$3,236$10,651
Repairs$622$721$842$982$1,145$4,312
Taxes & Fees$1,929$61$61$61$61$2,173
Financing$1,923$1,547$1,145$717$258$5,590
Depreciation$7,298$2,914$2,590$2,324$2,117$17,242
Fuel$2,414$2,486$2,560$2,637$2,716$12,813
True Cost to Own®$17,721$10,330$9,700$9,877$10,712$58,339

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$866$892$919$946$975$4,597
Maintenance$2,058$1,260$1,151$1,664$2,676$8,809
Repairs$515$596$696$812$947$3,566
Taxes & Fees$1,595$51$51$51$51$1,797
Financing$1,591$1,279$947$593$213$4,623
Depreciation$6,036$2,410$2,142$1,922$1,751$14,260
Fuel$1,997$2,056$2,118$2,181$2,246$10,597
True Cost to Own®$14,656$8,544$8,022$8,169$8,859$48,250

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$826$852$877$903$930$4,388
Maintenance$1,965$1,202$1,098$1,589$2,555$8,408
Repairs$491$569$665$775$904$3,404
Taxes & Fees$1,523$48$48$48$48$1,716
Financing$1,518$1,221$904$566$204$4,413
Depreciation$5,761$2,301$2,044$1,834$1,672$13,612
Fuel$1,906$1,962$2,021$2,082$2,144$10,116
True Cost to Own®$13,990$8,155$7,658$7,797$8,457$46,057

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 1500 Crew Cab LS 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$795$819$843$869$895$4,221
Maintenance$1,890$1,156$1,056$1,528$2,457$8,088
Repairs$473$547$639$745$870$3,274
Taxes & Fees$1,465$46$46$46$46$1,650
Financing$1,460$1,175$870$544$196$4,245
Depreciation$5,542$2,213$1,966$1,764$1,608$13,094
Fuel$1,833$1,888$1,944$2,003$2,062$9,730
True Cost to Own®$13,457$7,845$7,366$7,500$8,135$44,303

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2016 Chevrolet Silverado 1500 in Virginia is:

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