2021 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

$51,428*

Total Cash Price

$57,409

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

True Cost to Own

$43,515*

Total Cash Price

$51,420

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

True Cost to Own

$41,683*

Total Cash Price

$40,569

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

True Cost to Own

$47,530*

Total Cash Price

$54,100

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

True Cost to Own

$51,377*

Total Cash Price

$59,022

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

True Cost to Own

$46,199*

Total Cash Price

$47,525

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

True Cost to Own

$43,682*

Total Cash Price

$47,410

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

True Cost to Own

$44,224*

Total Cash Price

$45,609

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

True Cost to Own

$44,225*

Total Cash Price

$49,155

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

True Cost to Own

$57,144*

Total Cash Price

$67,673

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

True Cost to Own

$50,988*

Total Cash Price

$53,787

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

True Cost to Own

$51,769*

Total Cash Price

$58,035

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

True Cost to Own

$46,725*

Total Cash Price

$43,583

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

True Cost to Own

$43,304*

Total Cash Price

$43,966

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

True Cost to Own

$40,678*

Total Cash Price

$38,462

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

True Cost to Own

$46,635*

Total Cash Price

$48,347

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

True Cost to Own

$47,147*

Total Cash Price

$52,106

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

True Cost to Own

$49,430*

Total Cash Price

$59,693

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

True Cost to Own

$47,947*

Total Cash Price

$54,884

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

True Cost to Own

$52,087*

Total Cash Price

$60,582

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

True Cost to Own

$43,669*

Total Cash Price

$44,573

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

True Cost to Own

$56,174*

Total Cash Price

$67,374

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

True Cost to Own

$42,674*

Total Cash Price

$46,862

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

True Cost to Own

$41,486*

Total Cash Price

$39,856

Silverado 1500 Double Cab

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

True Cost to Own

$42,349*

Total Cash Price

$43,723

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

True Cost to Own

$46,548*

Total Cash Price

$49,238

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

True Cost to Own

$47,016*

Total Cash Price

$51,557

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

True Cost to Own

$41,094*

Total Cash Price

$40,820

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

True Cost to Own

$40,717*

Total Cash Price

$37,363

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

True Cost to Own

$46,043*

Total Cash Price

$45,018

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

True Cost to Own

$44,803*

Total Cash Price

$41,590

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

True Cost to Own

$50,719*

Total Cash Price

$55,050

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

True Cost to Own

$42,833*

Total Cash Price

$45,320

Silverado 1500 Regular Cab

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

True Cost to Own

$38,400*

Total Cash Price

$32,667

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

True Cost to Own

$45,096*

Total Cash Price

$38,689

Ownership Costs: 5-Year Total

Depreciation

$17,459

Taxes & Fees

$2,605

Financing

$10,437

Fuel

$10,879

Insurance

$4,585

Repairs

$1,004

Maintenance

$4,459

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,421$46$46$46$46$2,605
Financing$3,570$2,884$2,145$1,348$490$10,437
Depreciation$3,671$3,356$3,175$3,726$3,531$17,459
Fuel$2,049$2,111$2,174$2,239$2,306$10,879
True Cost to Own®$12,885$9,850$9,163$10,530$9,000$51,428

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,182$46$46$46$46$2,366
Financing$3,198$2,583$1,921$1,207$439$9,348
Depreciation$3,197$2,238$2,116$2,485$2,352$12,388
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$11,502$8,105$7,590$8,930$7,388$43,515

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,826$1,096$4,255
Repairs$0$0$135$322$472$929
Taxes & Fees$1,750$46$46$46$46$1,934
Financing$2,523$2,038$1,516$952$346$7,375
Depreciation$2,323$2,310$2,188$2,566$2,428$11,815
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$9,766$7,903$7,479$8,880$7,655$41,683

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$806$834$863$894$925$4,322
Maintenance$281$511$534$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,289$46$46$46$46$2,473
Financing$3,364$2,718$2,021$1,271$461$9,835
Depreciation$3,213$3,057$2,892$3,395$3,215$15,772
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$11,798$9,066$8,473$9,912$8,281$47,530

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,485$46$46$46$46$2,669
Financing$3,671$2,965$2,205$1,385$504$10,730
Depreciation$3,947$3,255$3,079$3,613$3,420$17,314
Fuel$2,049$2,111$2,174$2,239$2,306$10,879
True Cost to Own®$13,277$9,779$9,074$10,400$8,847$51,377

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$806$834$863$894$925$4,322
Maintenance$281$530$522$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,027$46$46$46$46$2,211
Financing$2,956$2,387$1,775$1,116$406$8,640
Depreciation$2,538$2,672$2,526$2,964$2,808$13,508
Fuel$2,307$2,377$2,448$2,521$2,597$12,250
True Cost to Own®$10,915$8,846$8,326$9,724$8,388$46,199

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,897$996$4,219
Repairs$0$0$150$359$522$1,031
Taxes & Fees$2,023$46$46$46$46$2,207
Financing$2,948$2,382$1,771$1,113$405$8,619
Depreciation$3,200$2,675$2,529$2,966$2,810$14,180
Fuel$1,756$1,809$1,863$1,919$1,977$9,324
True Cost to Own®$10,973$8,215$7,712$9,148$7,634$43,682

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,951$46$46$46$46$2,135
Financing$2,836$2,292$1,703$1,071$389$8,291
Depreciation$2,980$2,424$2,291$2,690$2,549$12,934
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,978$8,314$7,824$9,204$7,904$44,224

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$747$773$800$828$857$4,005
Maintenance$281$511$534$1,897$996$4,219
Repairs$0$0$150$359$522$1,031
Taxes & Fees$2,092$46$46$46$46$2,276
Financing$3,057$2,469$1,837$1,154$419$8,936
Depreciation$3,173$2,743$2,592$3,042$2,884$14,434
Fuel$1,756$1,809$1,863$1,919$1,977$9,324
True Cost to Own®$11,106$8,351$7,822$9,245$7,701$44,225

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,830$46$46$46$46$3,014
Financing$4,209$3,399$2,528$1,589$577$12,302
Depreciation$4,986$4,016$3,797$4,455$4,221$21,475
Fuel$1,941$1,999$2,059$2,121$2,185$10,305
True Cost to Own®$15,140$10,913$10,053$11,382$9,656$57,144

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$774$801$829$858$888$4,150
Maintenance$319$568$561$1,866$1,136$4,450
Repairs$0$0$135$322$472$929
Taxes & Fees$2,277$46$46$46$46$2,461
Financing$3,345$2,702$2,009$1,263$459$9,778
Depreciation$3,929$3,649$3,453$4,048$3,836$18,915
Fuel$1,941$1,999$2,059$2,121$2,185$10,305
True Cost to Own®$12,585$9,765$9,092$10,524$9,022$50,988

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,446$46$46$46$46$2,630
Financing$3,609$2,916$2,168$1,362$495$10,550
Depreciation$4,501$3,203$3,031$3,557$3,370$17,662
Fuel$2,049$2,111$2,174$2,239$2,306$10,879
True Cost to Own®$13,779$9,729$9,042$10,375$8,844$51,769

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,870$46$46$46$46$2,054
Financing$2,710$2,190$1,628$1,023$372$7,923
Depreciation$3,582$2,940$2,784$3,267$3,092$15,665
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$11,414$8,770$8,286$9,778$8,477$46,725

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,885$46$46$46$46$2,069
Financing$2,734$2,209$1,642$1,033$375$7,993
Depreciation$3,407$2,166$2,052$2,405$2,279$12,309
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$11,250$7,986$7,538$8,895$7,635$43,304

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,826$1,096$4,255
Repairs$0$0$135$322$472$929
Taxes & Fees$1,666$46$46$46$46$1,850
Financing$2,392$1,932$1,437$903$328$6,992
Depreciation$2,342$2,140$2,023$2,375$2,247$11,127
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$9,598$7,656$7,265$8,671$7,488$40,678

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$806$834$863$894$925$4,322
Maintenance$281$530$522$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,060$46$46$46$46$2,244
Financing$3,007$2,428$1,807$1,135$412$8,789
Depreciation$2,904$2,642$2,501$2,937$2,778$13,762
Fuel$2,307$2,377$2,448$2,521$2,597$12,250
True Cost to Own®$11,365$8,857$8,333$9,716$8,364$46,635

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,210$46$46$46$46$2,394
Financing$3,240$2,618$1,947$1,223$444$9,472
Depreciation$3,436$3,020$2,858$3,352$3,176$15,842
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$11,816$8,927$8,363$9,818$8,223$47,147

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,512$46$46$46$46$2,696
Financing$3,712$2,999$2,230$1,402$509$10,852
Depreciation$3,547$2,843$2,687$3,156$2,985$15,218
Fuel$2,049$2,111$2,174$2,239$2,306$10,879
True Cost to Own®$12,945$9,401$8,707$9,960$8,417$49,430

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$806$834$863$894$925$4,322
Maintenance$281$511$534$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,320$46$46$46$46$2,504
Financing$3,413$2,757$2,051$1,288$469$9,978
Depreciation$3,703$3,000$2,834$3,326$3,152$16,015
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$12,368$9,048$8,445$9,860$8,226$47,947

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,866$1,136$4,450
Repairs$0$0$135$322$472$929
Taxes & Fees$2,547$46$46$46$46$2,731
Financing$3,768$3,043$2,263$1,423$516$11,013
Depreciation$3,867$3,521$3,333$3,908$3,703$18,332
Fuel$1,941$1,999$2,059$2,121$2,185$10,305
True Cost to Own®$13,249$10,012$9,261$10,581$8,984$52,087

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,910$46$46$46$46$2,094
Financing$2,772$2,239$1,665$1,047$380$8,103
Depreciation$2,732$2,404$2,274$2,669$2,529$12,608
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,625$8,241$7,769$9,159$7,875$43,669

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,818$46$46$46$46$3,002
Financing$4,190$3,385$2,517$1,582$574$12,248
Depreciation$4,378$3,942$3,728$4,379$4,144$20,571
Fuel$1,941$1,999$2,059$2,121$2,185$10,305
True Cost to Own®$14,501$10,825$9,973$11,299$9,576$56,174

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,897$996$4,219
Repairs$0$0$150$359$522$1,031
Taxes & Fees$2,001$46$46$46$46$2,185
Financing$2,914$2,354$1,751$1,101$399$8,519
Depreciation$2,429$2,648$2,502$2,938$2,782$13,299
Fuel$1,756$1,809$1,863$1,919$1,977$9,324
True Cost to Own®$10,145$8,159$7,664$9,107$7,599$42,674

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,826$1,096$4,255
Repairs$0$0$135$322$472$929
Taxes & Fees$1,722$46$46$46$46$1,906
Financing$2,479$2,002$1,489$936$340$7,246
Depreciation$2,085$2,311$2,186$2,565$2,429$11,576
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$9,493$7,906$7,490$8,904$7,693$41,486

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,796$46$46$46$46$1,980
Financing$2,719$2,197$1,633$1,027$373$7,949
Depreciation$3,209$2,033$1,922$2,256$2,136$11,556
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,935$7,828$7,385$8,726$7,475$42,349

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,016$46$46$46$46$2,200
Financing$3,062$2,474$1,839$1,156$420$8,951
Depreciation$5,645$2,532$2,397$2,811$2,663$16,048
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$13,636$8,278$7,776$9,192$7,666$46,548

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,906$996$4,228
Repairs$0$0$160$384$561$1,105
Taxes & Fees$2,108$46$46$46$46$2,292
Financing$3,206$2,590$1,926$1,211$440$9,373
Depreciation$5,166$2,639$2,494$2,928$2,775$16,002
Fuel$1,845$1,900$1,957$2,016$2,077$9,795
True Cost to Own®$13,393$8,501$7,960$9,364$7,798$47,016

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,826$1,096$4,255
Repairs$0$0$135$322$472$929
Taxes & Fees$1,680$46$46$46$46$1,864
Financing$2,539$2,050$1,525$959$348$7,421
Depreciation$4,069$1,750$1,653$1,941$1,837$11,250
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$11,458$7,355$6,953$8,262$7,066$41,094

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,826$1,096$4,255
Repairs$0$0$135$322$472$929
Taxes & Fees$1,543$46$46$46$46$1,727
Financing$2,324$1,877$1,395$878$318$6,792
Depreciation$3,027$2,089$1,974$2,316$2,195$11,601
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,071$7,528$7,152$8,564$7,402$40,717

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,848$46$46$46$46$2,032
Financing$2,800$2,261$1,682$1,057$384$8,184
Depreciation$3,449$2,590$2,451$2,875$2,723$14,088
Fuel$2,307$2,377$2,448$2,521$2,597$12,250
True Cost to Own®$11,472$8,619$8,138$9,555$8,259$46,043

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,835$1,096$4,264
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,711$46$46$46$46$1,895
Financing$2,586$2,090$1,554$976$355$7,561
Depreciation$3,126$2,749$2,601$3,049$2,889$14,414
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,647$8,450$7,999$9,482$8,225$44,803

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$803$831$860$890$921$4,305
Maintenance$319$568$561$1,875$1,136$4,459
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,247$46$46$46$46$2,431
Financing$3,423$2,766$2,057$1,292$470$10,008
Depreciation$3,607$3,414$3,232$3,791$3,589$17,633
Fuel$2,049$2,111$2,174$2,239$2,306$10,879
True Cost to Own®$12,448$9,736$9,076$10,481$8,978$50,719

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$1,897$996$4,219
Repairs$0$0$150$359$522$1,031
Taxes & Fees$1,860$46$46$46$46$2,044
Financing$2,818$2,277$1,693$1,064$387$8,239
Depreciation$4,533$2,301$2,176$2,553$2,418$13,981
Fuel$1,756$1,809$1,863$1,919$1,977$9,324
True Cost to Own®$11,993$7,715$7,260$8,664$7,201$42,833

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$726$751$778$805$833$3,893
Maintenance$281$530$522$1,818$1,096$4,247
Repairs$0$0$135$322$472$929
Taxes & Fees$1,355$46$46$46$46$1,539
Financing$2,032$1,641$1,220$767$279$5,939
Depreciation$2,594$1,884$1,782$2,092$1,981$10,333
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$9,158$7,087$6,785$8,221$7,149$38,400

Ownership Costs: 5-Year Breakdown

Selected Model:

2021 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$801$829$858$888$919$4,295
Maintenance$281$530$522$1,827$1,096$4,256
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,595$46$46$46$46$1,779
Financing$2,406$1,944$1,445$908$330$7,033
Depreciation$3,434$2,868$2,713$3,181$3,013$15,209
Fuel$2,170$2,235$2,302$2,371$2,442$11,520
True Cost to Own®$10,687$8,452$8,032$9,569$8,356$45,096

*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 2021 Chevrolet Silverado 1500 in Virginia is:

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