2020 Chevrolet Silverado 1500 Cost to Own

Total 5-Year Ownership Costs

Silverado 1500 Crew Cab

LT Trail Boss 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 10A)

True Cost to Own

$46,684*

Total Cash Price

$47,983

RST 4dr Crew Cab 4WD 5.8 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$44,173*

Total Cash Price

$45,391

LT 4dr Crew Cab 4WD 5.8 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$41,477*

Total Cash Price

$43,682

LT 4dr Crew Cab 5.8 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$39,851*

Total Cash Price

$39,297

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

True Cost to Own

$38,236*

Total Cash Price

$33,666

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

True Cost to Own

$40,519*

Total Cash Price

$37,700

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

True Cost to Own

$42,595*

Total Cash Price

$39,627

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

True Cost to Own

$48,025*

Total Cash Price

$50,835

RST 4dr Crew Cab 5.8 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$40,444*

Total Cash Price

$40,660

High Country 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 10A)

True Cost to Own

$51,555*

Total Cash Price

$58,036

LT 4dr Crew Cab 4WD 6.6 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$42,471*

Total Cash Price

$44,251

LT Trail Boss 4dr Crew Cab 4WD 6.6 ft. SB (5.3L 8cyl 10A)

True Cost to Own

$47,371*

Total Cash Price

$49,112

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

True Cost to Own

$44,973*

Total Cash Price

$44,802

RST 4dr Crew Cab 4WD 6.6 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$44,750*

Total Cash Price

$46,326

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

True Cost to Own

$48,538*

Total Cash Price

$52,017

Custom 4dr Crew Cab 4WD 6.6 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$40,096*

Total Cash Price

$37,016

LTZ 4dr Crew Cab 4WD 6.6 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$47,064*

Total Cash Price

$51,318

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

True Cost to Own

$37,490*

Total Cash Price

$32,230

LT 4dr Crew Cab 6.6 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$39,056*

Total Cash Price

$39,624

Custom Trail Boss 4dr Crew Cab 4WD 6.6 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$42,798*

Total Cash Price

$39,911

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

True Cost to Own

$39,563*

Total Cash Price

$35,992

LTZ 4dr Crew Cab 6.6 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$44,217*

Total Cash Price

$46,020

Work Truck 4dr Crew Cab 6.6 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$37,821*

Total Cash Price

$32,680

High Country 4dr Crew Cab 4WD 6.6 ft. SB (5.3L 8cyl 10A)

True Cost to Own

$51,934*

Total Cash Price

$57,456

Custom 4dr Crew Cab 6.6 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$38,364*

Total Cash Price

$34,374

RST 4dr Crew Cab 6.6 ft. SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$41,094*

Total Cash Price

$41,533

High Country 4dr Crew Cab 6.6 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$49,601*

Total Cash Price

$53,952

Work Truck 4dr Crew Cab 4WD 6.6 ft. SB (4.3L 6cyl 6A)

True Cost to Own

$39,800*

Total Cash Price

$36,624

Silverado 1500 Double Cab

LT 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$43,381*

Total Cash Price

$41,806

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

True Cost to Own

$39,297*

Total Cash Price

$36,186

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

True Cost to Own

$37,500*

Total Cash Price

$32,760

RST 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$43,436*

Total Cash Price

$43,050

LT Trail Boss 4dr Double Cab 4WD SB (5.3L 8cyl 10A)

True Cost to Own

$51,057*

Total Cash Price

$50,946

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

True Cost to Own

$42,901*

Total Cash Price

$38,847

LT 4dr Double Cab SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$39,783*

Total Cash Price

$37,477

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

True Cost to Own

$41,001*

Total Cash Price

$34,663

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

True Cost to Own

$47,871*

Total Cash Price

$48,081

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

True Cost to Own

$35,856*

Total Cash Price

$29,741

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

True Cost to Own

$43,621*

Total Cash Price

$43,240

RST 4dr Double Cab SB (2.7L 4cyl Turbo 8A)

True Cost to Own

$40,560*

Total Cash Price

$39,464

Silverado 1500 Regular Cab

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

True Cost to Own

$34,841*

Total Cash Price

$27,159

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

True Cost to Own

$37,753*

Total Cash Price

$31,890

Ownership Costs: 5-Year Total

Depreciation

$15,636

Taxes & Fees

$2,349

Financing

$8,723

Fuel

$9,995

Insurance

$4,585

Repairs

$1,004

Maintenance

$4,392

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT Trail Boss 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 10A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$855$885$916$948$981$4,585
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,165$46$46$46$46$2,349
Financing$2,984$2,411$1,792$1,127$409$8,723
Depreciation$1,461$3,451$3,264$3,832$3,628$15,636
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$9,667$9,300$8,722$10,166$8,829$46,684

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab RST 4dr Crew Cab 4WD 5.8 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$812$840$870$900$932$4,354
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,062$46$46$46$46$2,246
Financing$2,823$2,280$1,696$1,066$387$8,252
Depreciation$2,049$3,166$2,996$3,515$3,331$15,057
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$9,722$8,589$8,100$9,601$8,161$44,173

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT 4dr Crew Cab 4WD 5.8 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$799$827$856$886$917$4,285
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$1,994$46$46$46$46$2,178
Financing$2,717$2,194$1,632$1,026$372$7,941
Depreciation$3,381$2,295$2,172$2,548$2,413$12,809
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$10,867$7,619$7,198$8,580$7,213$41,477

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT 4dr Crew Cab 5.8 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$765$792$819$848$878$4,102
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,819$46$46$46$46$2,003
Financing$2,444$1,974$1,468$923$335$7,144
Depreciation$2,651$2,483$2,351$2,756$2,612$12,853
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$9,574$7,468$7,080$8,524$7,205$39,851

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom 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$719$744$770$797$825$3,855
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,594$46$46$46$46$1,778
Financing$2,094$1,691$1,258$790$287$6,120
Depreciation$537$2,494$2,361$2,769$2,623$10,784
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,218$7,558$7,207$8,661$7,592$38,236

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom 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$760$787$814$843$872$4,076
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,755$46$46$46$46$1,939
Financing$2,345$1,893$1,409$885$322$6,854
Depreciation$2,870$2,190$2,072$2,432$2,303$11,867
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$10,004$7,499$7,124$8,500$7,392$40,519

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom Trail Boss 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$799$827$856$886$917$4,285
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,832$46$46$46$46$2,016
Financing$2,464$1,991$1,480$931$338$7,204
Depreciation$989$2,834$2,684$3,148$2,980$12,635
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$8,485$8,411$7,983$9,443$8,273$42,595

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$806$834$863$894$925$4,322
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,279$46$46$46$46$2,463
Financing$3,161$2,554$1,899$1,194$433$9,241
Depreciation$2,879$3,344$3,162$3,709$3,514$16,608
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$11,327$9,285$8,674$10,056$8,683$48,025

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab RST 4dr Crew Cab 5.8 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$765$792$819$848$878$4,102
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,873$46$46$46$46$2,057
Financing$2,529$2,042$1,519$955$347$7,392
Depreciation$1,225$2,904$2,745$3,220$3,050$13,144
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$8,287$7,957$7,525$9,020$7,655$40,444

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab High Country 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 10A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$855$885$916$948$981$4,585
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,566$46$46$46$46$2,750
Financing$3,609$2,916$2,168$1,363$495$10,551
Depreciation$5,342$3,278$3,101$3,640$3,445$18,806
Fuel$1,783$1,837$1,892$1,948$2,007$9,467
True Cost to Own®$14,474$9,530$8,830$10,101$8,620$51,555

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT 4dr Crew Cab 4WD 6.6 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$804$832$861$891$923$4,311
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,016$46$46$46$46$2,200
Financing$2,752$2,223$1,653$1,039$378$8,045
Depreciation$2,476$2,720$2,574$3,019$2,862$13,651
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$10,024$8,078$7,626$9,069$7,674$42,471

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT Trail Boss 4dr Crew Cab 4WD 6.6 ft. SB (5.3L 8cyl 10A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$855$885$916$948$981$4,585
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,210$46$46$46$46$2,394
Financing$3,054$2,467$1,835$1,153$419$8,928
Depreciation$1,794$3,478$3,289$3,857$3,655$16,073
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$10,115$9,383$8,790$10,217$8,866$47,371

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$769$796$824$853$882$4,124
Maintenance$319$568$561$1,799$1,136$4,383
Repairs$0$0$135$322$472$929
Taxes & Fees$2,038$46$46$46$46$2,222
Financing$2,786$2,251$1,674$1,052$382$8,145
Depreciation$1,408$3,594$3,402$3,989$3,778$16,171
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$9,015$9,001$8,440$9,913$8,604$44,973

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab RST 4dr Crew Cab 4WD 6.6 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$812$840$870$900$932$4,354
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,099$46$46$46$46$2,283
Financing$2,881$2,327$1,731$1,088$395$8,422
Depreciation$2,130$3,237$3,062$3,594$3,404$15,427
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$9,898$8,707$8,201$9,702$8,242$44,750

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$807$835$864$895$926$4,327
Maintenance$319$568$561$1,799$1,136$4,383
Repairs$0$0$135$322$472$929
Taxes & Fees$2,326$46$46$46$46$2,510
Financing$3,235$2,613$1,943$1,222$443$9,456
Depreciation$2,803$3,685$3,486$4,087$3,873$17,934
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$11,185$9,493$8,833$10,223$8,804$48,538

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom 4dr Crew Cab 4WD 6.6 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$760$787$814$843$872$4,076
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,728$46$46$46$46$1,912
Financing$2,302$1,860$1,382$870$315$6,729
Depreciation$600$2,678$2,532$2,971$2,815$11,596
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,664$7,954$7,557$9,024$7,897$40,096

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 4WD 6.6 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$806$834$863$894$925$4,322
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,298$46$46$46$46$2,482
Financing$3,191$2,578$1,918$1,205$437$9,329
Depreciation$3,921$2,828$2,676$3,140$2,975$15,540
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$12,418$8,793$8,207$9,498$8,148$47,064

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$747$773$800$828$857$4,005
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,537$46$46$46$46$1,721
Financing$2,004$1,619$1,205$756$275$5,859
Depreciation$687$2,316$2,193$2,573$2,437$10,206
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,249$7,337$7,016$8,462$7,426$37,490

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LT 4dr Crew Cab 6.6 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$764$791$818$847$877$4,097
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,832$46$46$46$46$2,016
Financing$2,464$1,991$1,480$930$338$7,203
Depreciation$2,706$2,260$2,140$2,510$2,375$11,991
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$9,661$7,261$6,880$8,284$6,970$39,056

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom Trail Boss 4dr Crew Cab 4WD 6.6 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$804$832$861$891$923$4,311
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,843$46$46$46$46$2,027
Financing$2,482$2,005$1,491$937$341$7,256
Depreciation$1,290$2,788$2,641$3,097$2,933$12,749
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$8,820$8,384$7,956$9,403$8,235$42,798

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$801$829$858$888$919$4,295
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,687$46$46$46$46$1,871
Financing$2,238$1,808$1,345$845$307$6,543
Depreciation$553$2,562$2,423$2,842$2,691$11,071
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,553$7,828$7,455$8,915$7,812$39,563

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab LTZ 4dr Crew Cab 6.6 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$768$795$823$851$881$4,118
Maintenance$319$568$561$1,799$1,136$4,383
Repairs$0$0$135$322$472$929
Taxes & Fees$2,087$46$46$46$46$2,271
Financing$2,862$2,312$1,719$1,081$392$8,366
Depreciation$1,708$3,272$3,097$3,632$3,442$15,151
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$9,439$8,739$8,179$9,583$8,277$44,217

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 6.6 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$756$782$810$838$868$4,054
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,555$46$46$46$46$1,739
Financing$2,032$1,642$1,221$767$279$5,941
Depreciation$821$2,330$2,204$2,585$2,448$10,388
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,438$7,383$7,053$8,495$7,452$37,821

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab High Country 4dr Crew Cab 4WD 6.6 ft. SB (5.3L 8cyl 10A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$855$885$916$948$981$4,585
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,542$46$46$46$46$2,726
Financing$3,573$2,887$2,146$1,349$490$10,445
Depreciation$2,947$3,986$3,771$4,421$4,190$19,315
Fuel$1,783$1,837$1,892$1,948$2,007$9,467
True Cost to Own®$12,019$10,209$9,478$10,868$9,360$51,934

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Custom 4dr Crew Cab 6.6 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$719$744$770$797$825$3,855
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,623$46$46$46$46$1,807
Financing$2,138$1,727$1,284$807$293$6,249
Depreciation$686$2,450$2,319$2,721$2,578$10,754
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,440$7,550$7,191$8,630$7,553$38,364

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab RST 4dr Crew Cab 6.6 ft. SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$764$791$818$847$877$4,097
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,908$46$46$46$46$2,092
Financing$2,583$2,086$1,552$975$354$7,550
Depreciation$1,455$2,958$2,799$3,283$3,111$13,606
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$8,605$8,054$7,611$9,102$7,722$41,094

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab High Country 4dr Crew Cab 6.6 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$807$835$864$895$926$4,327
Maintenance$319$568$561$1,799$1,136$4,383
Repairs$0$0$135$322$472$929
Taxes & Fees$2,403$46$46$46$46$2,587
Financing$3,355$2,711$2,015$1,267$460$9,808
Depreciation$3,163$3,750$3,549$4,162$3,944$18,568
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$11,742$9,656$8,968$10,343$8,892$49,601

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Crew Cab Work Truck 4dr Crew Cab 4WD 6.6 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$773$800$828$857$887$4,145
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,712$46$46$46$46$1,896
Financing$2,278$1,839$1,369$860$312$6,658
Depreciation$637$2,601$2,461$2,886$2,733$11,318
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,674$7,869$7,487$8,943$7,827$39,800

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab LT 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$787$815$843$873$903$4,221
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$1,859$46$46$46$46$2,043
Financing$2,600$2,100$1,562$981$357$7,600
Depreciation$5,581$2,354$2,228$2,615$2,475$15,253
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$12,803$7,572$7,171$8,589$7,246$43,381

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$760$787$814$843$872$4,076
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,635$46$46$46$46$1,819
Financing$2,250$1,818$1,352$850$308$6,578
Depreciation$2,169$2,160$2,043$2,398$2,271$11,041
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$9,088$7,394$7,038$8,431$7,346$39,297

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$719$744$770$797$825$3,855
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,499$46$46$46$46$1,683
Financing$2,037$1,646$1,224$769$280$5,956
Depreciation$1,199$2,219$2,097$2,461$2,331$10,307
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,728$7,238$6,909$8,332$7,293$37,500

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab RST 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$787$815$843$873$903$4,221
Maintenance$281$511$534$1,838$996$4,160
Repairs$0$0$160$384$561$1,105
Taxes & Fees$1,909$46$46$46$46$2,093
Financing$2,677$2,163$1,608$1,011$367$7,826
Depreciation$3,245$2,869$2,715$3,186$3,017$15,032
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$10,594$8,150$7,704$9,190$7,798$43,436

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab LT Trail Boss 4dr Double Cab 4WD SB (5.3L 8cyl 10A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$800$828$857$887$918$4,290
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,084$46$46$46$46$2,268
Financing$3,168$2,560$1,903$1,196$435$9,262
Depreciation$6,505$3,249$3,074$3,603$3,415$19,846
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$14,759$9,190$8,584$9,945$8,579$51,057

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab Custom Trail Boss 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$815$843$873$903$4,221
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,741$46$46$46$46$1,925
Financing$2,416$1,951$1,452$912$331$7,062
Depreciation$990$2,983$2,820$3,310$3,135$13,238
Fuel$2,120$2,183$2,249$2,316$2,386$11,254
True Cost to Own®$8,335$8,508$8,078$9,573$8,407$42,901

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab LT 4dr Double Cab SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$745$771$798$826$855$3,995
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,687$46$46$46$46$1,871
Financing$2,331$1,882$1,400$880$320$6,813
Depreciation$4,122$2,248$2,127$2,495$2,363$13,355
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$10,780$7,120$6,767$8,198$6,918$39,783

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$773$800$828$857$887$4,145
Maintenance$281$530$522$1,768$1,096$4,197
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,574$46$46$46$46$1,758
Financing$2,156$1,741$1,295$814$295$6,301
Depreciation$2,803$2,486$2,352$2,759$2,614$13,014
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$9,580$7,656$7,304$8,770$7,691$41,001

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$800$828$857$887$918$4,290
Maintenance$319$568$561$1,808$1,136$4,392
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,109$46$46$46$46$2,293
Financing$2,990$2,416$1,796$1,129$410$8,741
Depreciation$3,696$3,276$3,101$3,637$3,446$17,156
Fuel$1,883$1,939$1,997$2,057$2,119$9,995
True Cost to Own®$11,797$9,073$8,504$9,912$8,585$47,871

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$726$751$778$805$833$3,893
Maintenance$281$530$522$1,759$1,096$4,188
Repairs$0$0$135$322$472$929
Taxes & Fees$1,378$46$46$46$46$1,562
Financing$1,850$1,494$1,111$698$254$5,407
Depreciation$284$2,193$2,076$2,436$2,306$9,295
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$6,512$7,067$6,783$8,244$7,250$35,856

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$774$801$829$858$888$4,150
Maintenance$319$568$561$1,799$1,136$4,383
Repairs$0$0$135$322$472$929
Taxes & Fees$1,916$46$46$46$46$2,100
Financing$2,689$2,172$1,616$1,015$369$7,861
Depreciation$2,997$2,970$2,811$3,297$3,124$15,199
Fuel$1,695$1,746$1,798$1,852$1,908$8,999
True Cost to Own®$10,390$8,303$7,796$9,189$7,943$43,621

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 1500 Double Cab RST 4dr Double Cab SB (2.7L 4cyl Turbo 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$745$771$798$826$855$3,995
Maintenance$281$511$534$1,829$996$4,151
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,766$46$46$46$46$1,950
Financing$2,454$1,983$1,474$927$336$7,174
Depreciation$2,481$2,729$2,583$3,029$2,870$13,692
Fuel$1,614$1,662$1,712$1,763$1,816$8,567
True Cost to Own®$9,341$7,702$7,297$8,779$7,441$40,560

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$677$701$725$751$777$3,631
Maintenance$281$530$522$1,704$1,096$4,133
Repairs$0$0$135$322$472$929
Taxes & Fees$1,295$46$46$46$46$1,479
Financing$1,689$1,364$1,015$638$231$4,937
Depreciation$742$2,047$1,936$2,272$2,153$9,150
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$6,677$6,741$6,494$7,911$7,018$34,841

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 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$715$740$766$793$820$3,834
Maintenance$281$530$522$1,713$1,096$4,142
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,484$46$46$46$46$1,668
Financing$1,983$1,602$1,192$748$272$5,797
Depreciation$582$2,469$2,336$2,742$2,597$10,726
Fuel$1,993$2,053$2,115$2,178$2,243$10,582
True Cost to Own®$7,038$7,440$7,123$8,568$7,584$37,753

*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.


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Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2020 Chevrolet Silverado 1500 in Virginia is:

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