Used 2016 Chevrolet Silverado 2500HD Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Silverado 2500HD Regular Cab

LT 2dr Regular Cab LB (6.0L 8cyl 6A)

True Cost to Own

$70,075*

Total Cash Price

$52,644

Work Truck 2dr Regular Cab LB (6.0L 8cyl 6A)

True Cost to Own

$81,004*

Total Cash Price

$60,854

LT 2dr Regular Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$90,647*

Total Cash Price

$68,099

Work Truck 2dr Regular Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$84,861*

Total Cash Price

$63,752

Silverado 2500HD Crew Cab

LTZ 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$64,289*

Total Cash Price

$48,297

LTZ 4dr Crew Cab LB (6.0L 8cyl 6A)

True Cost to Own

$68,146*

Total Cash Price

$51,195

LT 4dr Crew Cab SB (6.0L 8cyl 6A)

True Cost to Own

$68,146*

Total Cash Price

$51,195

LT 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$66,861*

Total Cash Price

$50,229

LT 4dr Crew Cab LB (6.0L 8cyl 6A)

True Cost to Own

$71,361*

Total Cash Price

$53,610

Work Truck 4dr Crew Cab SB (6.0L 8cyl 6A)

True Cost to Own

$77,790*

Total Cash Price

$58,439

High Country 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$78,433*

Total Cash Price

$58,922

LTZ 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$65,575*

Total Cash Price

$49,263

LT 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$94,505*

Total Cash Price

$70,997

Work Truck 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$70,718*

Total Cash Price

$53,127

LTZ 4dr Crew Cab SB (6.0L 8cyl 6A)

True Cost to Own

$68,789*

Total Cash Price

$51,678

High Country 4dr Crew Cab LB (6.0L 8cyl 6A)

True Cost to Own

$68,146*

Total Cash Price

$51,195

Work Truck 4dr Crew Cab LB (6.0L 8cyl 6A)

True Cost to Own

$88,719*

Total Cash Price

$66,650

High Country 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$68,146*

Total Cash Price

$51,195

High Country 4dr Crew Cab SB (6.0L 8cyl 6A)

True Cost to Own

$64,932*

Total Cash Price

$48,780

Work Truck 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$66,218*

Total Cash Price

$49,746

Silverado 2500HD Double Cab

LT 4dr Double Cab SB (6.0L 8cyl 6A)

True Cost to Own

$90,005*

Total Cash Price

$67,616

LTZ 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$93,219*

Total Cash Price

$70,031

LT 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$67,503*

Total Cash Price

$50,712

LTZ 4dr Double Cab LB (6.0L 8cyl 6A)

True Cost to Own

$74,575*

Total Cash Price

$56,025

Work Truck 4dr Double Cab LB (6.0L 8cyl 6A)

True Cost to Own

$66,861*

Total Cash Price

$50,229

LTZ 4dr Double Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$77,147*

Total Cash Price

$57,956

Work Truck 4dr Double Cab SB (6.0L 8cyl 6A)

True Cost to Own

$95,791*

Total Cash Price

$71,963

LTZ 4dr Double Cab SB (6.0L 8cyl 6A)

True Cost to Own

$72,004*

Total Cash Price

$54,093

LT 4dr Double Cab LB (6.0L 8cyl 6A)

True Cost to Own

$91,933*

Total Cash Price

$69,065

Work Truck 4dr Double Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$88,076*

Total Cash Price

$66,167

LT 4dr Double Cab 4WD LB (6.0L 8cyl 6A)

True Cost to Own

$77,790*

Total Cash Price

$58,439

Work Truck 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

True Cost to Own

$90,005*

Total Cash Price

$67,616

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Regular Cab LT 2dr Regular Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$927$955$983$1,013$1,043$4,920
Maintenance$2,282$1,210$1,208$1,801$2,894$9,395
Repairs$510$591$690$804$938$3,534
Taxes & Fees$2,793$50$50$50$50$2,993
Financing$2,831$2,277$1,686$1,054$382$8,230
Depreciation$10,549$4,362$3,878$3,483$3,172$25,444
Fuel$2,931$3,018$3,110$3,202$3,298$15,560
True Cost to Own®$22,822$12,463$11,605$11,407$11,777$70,075

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Regular Cab Work Truck 2dr Regular Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,071$1,104$1,137$1,171$1,206$5,688
Maintenance$2,638$1,399$1,396$2,082$3,345$10,860
Repairs$590$683$798$930$1,085$4,085
Taxes & Fees$3,228$58$58$58$58$3,460
Financing$3,272$2,632$1,949$1,218$441$9,513
Depreciation$12,194$5,043$4,483$4,026$3,667$29,412
Fuel$3,388$3,489$3,595$3,702$3,813$17,987
True Cost to Own®$26,382$14,407$13,415$13,186$13,614$81,004

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Regular Cab LT 2dr Regular Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,199$1,235$1,272$1,310$1,349$6,365
Maintenance$2,953$1,565$1,562$2,329$3,744$12,153
Repairs$660$764$893$1,041$1,214$4,571
Taxes & Fees$3,612$65$65$65$65$3,872
Financing$3,662$2,945$2,181$1,363$494$10,646
Depreciation$13,646$5,643$5,017$4,505$4,103$32,914
Fuel$3,791$3,904$4,023$4,143$4,267$20,128
True Cost to Own®$29,523$16,122$15,012$14,756$15,235$90,647

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Regular Cab Work Truck 2dr Regular Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,122$1,156$1,191$1,226$1,263$5,958
Maintenance$2,764$1,465$1,463$2,181$3,505$11,377
Repairs$618$715$836$974$1,137$4,279
Taxes & Fees$3,382$61$61$61$61$3,625
Financing$3,428$2,757$2,042$1,276$462$9,966
Depreciation$12,775$5,283$4,697$4,217$3,841$30,813
Fuel$3,549$3,655$3,766$3,878$3,994$18,843
True Cost to Own®$27,638$15,093$14,054$13,814$14,263$84,861
Ownership Costs: 5-Year Total

Depreciation

$23,343

Taxes & Fees

$2,746

Financing

$7,550

Fuel

$14,275

Insurance

$4,514

Repairs

$3,242

Maintenance

$8,619

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LTZ 4dr Crew Cab 4WD SB (6.0L 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$4,514
Maintenance$2,094$1,110$1,108$1,652$2,655$8,619
Repairs$468$542$633$738$861$3,242
Taxes & Fees$2,562$46$46$46$46$2,746
Financing$2,597$2,089$1,547$967$350$7,550
Depreciation$9,678$4,002$3,558$3,195$2,910$23,343
Fuel$2,689$2,769$2,853$2,938$3,026$14,275
True Cost to Own®$20,938$11,434$10,647$10,465$10,805$64,289

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LTZ 4dr Crew Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$901$929$956$985$1,014$4,785
Maintenance$2,220$1,177$1,174$1,751$2,814$9,136
Repairs$496$575$671$782$913$3,437
Taxes & Fees$2,716$49$49$49$49$2,911
Financing$2,753$2,214$1,640$1,025$371$8,003
Depreciation$10,259$4,242$3,771$3,387$3,085$24,744
Fuel$2,850$2,935$3,024$3,114$3,208$15,132
True Cost to Own®$22,194$12,120$11,286$11,093$11,453$68,146

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LT 4dr Crew Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$901$929$956$985$1,014$4,785
Maintenance$2,220$1,177$1,174$1,751$2,814$9,136
Repairs$496$575$671$782$913$3,437
Taxes & Fees$2,716$49$49$49$49$2,911
Financing$2,753$2,214$1,640$1,025$371$8,003
Depreciation$10,259$4,242$3,771$3,387$3,085$24,744
Fuel$2,850$2,935$3,024$3,114$3,208$15,132
True Cost to Own®$22,194$12,120$11,286$11,093$11,453$68,146

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LT 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$884$911$938$966$995$4,695
Maintenance$2,178$1,154$1,152$1,718$2,761$8,964
Repairs$487$564$658$768$895$3,372
Taxes & Fees$2,664$48$48$48$48$2,856
Financing$2,701$2,173$1,609$1,006$364$7,852
Depreciation$10,065$4,162$3,700$3,323$3,026$24,277
Fuel$2,797$2,880$2,967$3,056$3,147$14,846
True Cost to Own®$21,776$11,891$11,073$10,884$11,237$66,861

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LT 4dr Crew Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$944$972$1,001$1,031$1,062$5,011
Maintenance$2,324$1,232$1,230$1,834$2,947$9,567
Repairs$519$602$703$819$956$3,599
Taxes & Fees$2,844$51$51$51$51$3,048
Financing$2,883$2,319$1,717$1,073$389$8,381
Depreciation$10,743$4,442$3,949$3,546$3,230$25,911
Fuel$2,985$3,074$3,167$3,261$3,359$15,845
True Cost to Own®$23,241$12,692$11,818$11,616$11,994$71,361

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab Work Truck 4dr Crew Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,029$1,060$1,091$1,124$1,158$5,462
Maintenance$2,534$1,343$1,341$1,999$3,213$10,429
Repairs$566$656$766$893$1,042$3,923
Taxes & Fees$3,100$56$56$56$56$3,323
Financing$3,142$2,528$1,872$1,170$424$9,136
Depreciation$11,710$4,842$4,305$3,866$3,521$28,245
Fuel$3,254$3,350$3,452$3,555$3,661$17,273
True Cost to Own®$25,335$13,835$12,883$12,663$13,074$77,790

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab High Country 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,037$1,069$1,100$1,133$1,168$5,507
Maintenance$2,555$1,354$1,352$2,015$3,239$10,515
Repairs$571$661$772$900$1,050$3,955
Taxes & Fees$3,126$56$56$56$56$3,350
Financing$3,168$2,549$1,887$1,180$427$9,211
Depreciation$11,807$4,882$4,341$3,898$3,550$28,478
Fuel$3,281$3,378$3,481$3,584$3,692$17,416
True Cost to Own®$25,544$13,949$12,989$12,767$13,182$78,433

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LTZ 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$867$894$920$948$976$4,604
Maintenance$2,136$1,132$1,130$1,685$2,708$8,791
Repairs$477$553$646$753$878$3,307
Taxes & Fees$2,613$47$47$47$47$2,801
Financing$2,649$2,131$1,578$986$357$7,701
Depreciation$9,872$4,082$3,629$3,259$2,968$23,810
Fuel$2,743$2,824$2,910$2,997$3,087$14,561
True Cost to Own®$21,357$11,663$10,860$10,674$11,021$65,575

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LT 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,250$1,288$1,326$1,366$1,407$6,636
Maintenance$3,078$1,632$1,629$2,428$3,903$12,670
Repairs$688$797$931$1,085$1,266$4,766
Taxes & Fees$3,766$68$68$68$68$4,037
Financing$3,818$3,071$2,274$1,421$515$11,099
Depreciation$14,227$5,883$5,230$4,697$4,278$34,314
Fuel$3,953$4,070$4,194$4,319$4,448$20,984
True Cost to Own®$30,779$16,808$15,651$15,384$15,883$94,505

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab Work Truck 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$935$964$992$1,022$1,053$4,965
Maintenance$2,303$1,221$1,219$1,817$2,921$9,481
Repairs$515$596$696$812$947$3,566
Taxes & Fees$2,818$51$51$51$51$3,021
Financing$2,857$2,298$1,702$1,064$385$8,305
Depreciation$10,646$4,402$3,914$3,515$3,201$25,677
Fuel$2,958$3,046$3,138$3,232$3,329$15,703
True Cost to Own®$23,032$12,577$11,712$11,512$11,886$70,718

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab LTZ 4dr Crew Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$910$937$965$994$1,024$4,830
Maintenance$2,241$1,188$1,186$1,768$2,841$9,222
Repairs$501$580$677$790$921$3,469
Taxes & Fees$2,741$49$49$49$49$2,938
Financing$2,779$2,235$1,655$1,035$375$8,079
Depreciation$10,355$4,282$3,807$3,419$3,114$24,977
Fuel$2,877$2,963$3,053$3,144$3,238$15,274
True Cost to Own®$22,404$12,234$11,392$11,198$11,561$68,789

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab High Country 4dr Crew Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$901$929$956$985$1,014$4,785
Maintenance$2,220$1,177$1,174$1,751$2,814$9,136
Repairs$496$575$671$782$913$3,437
Taxes & Fees$2,716$49$49$49$49$2,911
Financing$2,753$2,214$1,640$1,025$371$8,003
Depreciation$10,259$4,242$3,771$3,387$3,085$24,744
Fuel$2,850$2,935$3,024$3,114$3,208$15,132
True Cost to Own®$22,194$12,120$11,286$11,093$11,453$68,146

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab Work Truck 4dr Crew Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,173$1,209$1,245$1,282$1,321$6,229
Maintenance$2,890$1,532$1,529$2,280$3,664$11,894
Repairs$646$748$874$1,018$1,188$4,474
Taxes & Fees$3,536$63$63$63$63$3,789
Financing$3,584$2,883$2,135$1,334$483$10,419
Depreciation$13,356$5,523$4,910$4,409$4,016$32,213
Fuel$3,711$3,821$3,937$4,054$4,176$19,700
True Cost to Own®$28,894$15,779$14,693$14,442$14,911$88,719

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab High Country 4dr Crew Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$901$929$956$985$1,014$4,785
Maintenance$2,220$1,177$1,174$1,751$2,814$9,136
Repairs$496$575$671$782$913$3,437
Taxes & Fees$2,716$49$49$49$49$2,911
Financing$2,753$2,214$1,640$1,025$371$8,003
Depreciation$10,259$4,242$3,771$3,387$3,085$24,744
Fuel$2,850$2,935$3,024$3,114$3,208$15,132
True Cost to Own®$22,194$12,120$11,286$11,093$11,453$68,146

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab High Country 4dr Crew Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$859$885$911$938$967$4,559
Maintenance$2,115$1,121$1,119$1,669$2,682$8,705
Repairs$473$547$639$745$870$3,274
Taxes & Fees$2,588$46$46$46$46$2,773
Financing$2,623$2,110$1,562$977$354$7,626
Depreciation$9,775$4,042$3,594$3,227$2,939$23,576
Fuel$2,716$2,797$2,882$2,967$3,056$14,418
True Cost to Own®$21,147$11,548$10,753$10,570$10,913$64,932

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Crew Cab Work Truck 4dr Crew Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$876$902$929$957$986$4,649
Maintenance$2,157$1,143$1,141$1,702$2,735$8,878
Repairs$482$558$652$760$887$3,339
Taxes & Fees$2,639$47$47$47$47$2,828
Financing$2,675$2,152$1,593$996$361$7,777
Depreciation$9,968$4,122$3,665$3,291$2,997$24,043
Fuel$2,770$2,852$2,939$3,026$3,117$14,703
True Cost to Own®$21,566$11,777$10,966$10,779$11,129$66,218

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LT 4dr Double Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,190$1,226$1,263$1,301$1,340$6,320
Maintenance$2,932$1,554$1,551$2,313$3,717$12,067
Repairs$655$759$886$1,033$1,205$4,539
Taxes & Fees$3,587$64$64$64$64$3,844
Financing$3,636$2,925$2,166$1,354$490$10,570
Depreciation$13,549$5,603$4,981$4,473$4,074$32,680
Fuel$3,765$3,877$3,994$4,113$4,236$19,985
True Cost to Own®$29,313$16,008$14,906$14,651$15,127$90,005

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LTZ 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,233$1,270$1,308$1,347$1,388$6,545
Maintenance$3,036$1,610$1,607$2,395$3,850$12,498
Repairs$679$786$918$1,070$1,248$4,701
Taxes & Fees$3,715$67$67$67$67$3,982
Financing$3,766$3,029$2,243$1,402$508$10,948
Depreciation$14,033$5,803$5,159$4,633$4,220$33,847
Fuel$3,899$4,015$4,137$4,260$4,388$20,699
True Cost to Own®$30,360$16,579$15,438$15,174$15,667$93,219

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LT 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$893$920$947$975$1,005$4,740
Maintenance$2,199$1,166$1,163$1,735$2,788$9,050
Repairs$491$569$665$775$904$3,404
Taxes & Fees$2,690$48$48$48$48$2,883
Financing$2,727$2,193$1,624$1,015$368$7,928
Depreciation$10,162$4,202$3,736$3,355$3,056$24,510
Fuel$2,823$2,907$2,996$3,085$3,177$14,989
True Cost to Own®$21,985$12,006$11,179$10,988$11,345$67,503

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LTZ 4dr Double Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$986$1,016$1,046$1,078$1,110$5,236
Maintenance$2,429$1,288$1,285$1,916$3,080$9,998
Repairs$543$629$734$856$999$3,761
Taxes & Fees$2,972$53$53$53$53$3,185
Financing$3,013$2,423$1,795$1,122$406$8,758
Depreciation$11,226$4,642$4,127$3,706$3,376$27,078
Fuel$3,119$3,212$3,309$3,408$3,510$16,559
True Cost to Own®$24,288$13,263$12,351$12,139$12,534$74,575

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab Work Truck 4dr Double Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$884$911$938$966$995$4,695
Maintenance$2,178$1,154$1,152$1,718$2,761$8,964
Repairs$487$564$658$768$895$3,372
Taxes & Fees$2,664$48$48$48$48$2,856
Financing$2,701$2,173$1,609$1,006$364$7,852
Depreciation$10,065$4,162$3,700$3,323$3,026$24,277
Fuel$2,797$2,880$2,967$3,056$3,147$14,846
True Cost to Own®$21,776$11,891$11,073$10,884$11,237$66,861

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LTZ 4dr Double Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,020$1,051$1,082$1,115$1,148$5,417
Maintenance$2,513$1,332$1,330$1,982$3,186$10,343
Repairs$562$650$760$886$1,033$3,890
Taxes & Fees$3,074$55$55$55$55$3,295
Financing$3,116$2,507$1,856$1,160$420$9,060
Depreciation$11,614$4,802$4,270$3,834$3,492$28,012
Fuel$3,227$3,323$3,424$3,526$3,631$17,130
True Cost to Own®$25,126$13,721$12,776$12,558$12,966$77,147

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab Work Truck 4dr Double Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,267$1,305$1,344$1,384$1,426$6,726
Maintenance$3,120$1,654$1,651$2,461$3,956$12,842
Repairs$697$808$943$1,100$1,283$4,831
Taxes & Fees$3,817$69$69$69$69$4,092
Financing$3,870$3,113$2,305$1,441$522$11,250
Depreciation$14,420$5,963$5,301$4,761$4,336$34,781
Fuel$4,007$4,126$4,251$4,378$4,509$21,270
True Cost to Own®$31,198$17,037$15,864$15,593$16,099$95,791

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LTZ 4dr Double Cab SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$952$981$1,010$1,040$1,072$5,056
Maintenance$2,345$1,243$1,241$1,850$2,974$9,653
Repairs$524$607$709$827$964$3,631
Taxes & Fees$2,869$52$52$52$52$3,076
Financing$2,909$2,340$1,733$1,083$392$8,456
Depreciation$10,839$4,482$3,985$3,578$3,259$26,144
Fuel$3,012$3,101$3,195$3,291$3,389$15,988
True Cost to Own®$23,451$12,806$11,925$11,721$12,102$72,004

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LT 4dr Double Cab LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,216$1,253$1,290$1,328$1,369$6,455
Maintenance$2,994$1,587$1,584$2,362$3,797$12,325
Repairs$669$775$905$1,055$1,231$4,636
Taxes & Fees$3,664$66$66$66$66$3,927
Financing$3,714$2,987$2,212$1,383$501$10,797
Depreciation$13,840$5,723$5,088$4,569$4,161$33,380
Fuel$3,845$3,960$4,080$4,201$4,327$20,413
True Cost to Own®$29,941$16,351$15,225$14,965$15,451$91,933

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab Work Truck 4dr Double Cab 4WD LB (6.0L 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$6,184
Maintenance$2,869$1,521$1,518$2,263$3,637$11,808
Repairs$641$743$867$1,011$1,180$4,442
Taxes & Fees$3,510$63$63$63$63$3,762
Financing$3,558$2,862$2,119$1,325$480$10,344
Depreciation$13,259$5,483$4,874$4,377$3,987$31,980
Fuel$3,684$3,794$3,909$4,025$4,146$19,557
True Cost to Own®$28,685$15,665$14,586$14,337$14,803$88,076

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab LT 4dr Double Cab 4WD LB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,029$1,060$1,091$1,124$1,158$5,462
Maintenance$2,534$1,343$1,341$1,999$3,213$10,429
Repairs$566$656$766$893$1,042$3,923
Taxes & Fees$3,100$56$56$56$56$3,323
Financing$3,142$2,528$1,872$1,170$424$9,136
Depreciation$11,710$4,842$4,305$3,866$3,521$28,245
Fuel$3,254$3,350$3,452$3,555$3,661$17,273
True Cost to Own®$25,335$13,835$12,883$12,663$13,074$77,790

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Silverado 2500HD Double Cab Work Truck 4dr Double Cab 4WD SB (6.0L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,190$1,226$1,263$1,301$1,340$6,320
Maintenance$2,932$1,554$1,551$2,313$3,717$12,067
Repairs$655$759$886$1,033$1,205$4,539
Taxes & Fees$3,587$64$64$64$64$3,844
Financing$3,636$2,925$2,166$1,354$490$10,570
Depreciation$13,549$5,603$4,981$4,473$4,074$32,680
Fuel$3,765$3,877$3,994$4,113$4,236$19,985
True Cost to Own®$29,313$16,008$14,906$14,651$15,127$90,005

*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 2500HD in Virginia is:

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