Used 2016 Chevrolet Silverado 2500HD Cost to Own

Total 5-Year Ownership Costs

Silverado 2500HD Crew Cab

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

True Cost to Own

$68,025*

Total Cash Price

$55,677

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

True Cost to Own

$64,538*

Total Cash Price

$51,037

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

True Cost to Own

$70,977*

Total Cash Price

$59,767

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

True Cost to Own

$60,785*

Total Cash Price

$45,802

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

True Cost to Own

$60,347*

Total Cash Price

$45,173

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

True Cost to Own

$65,763*

Total Cash Price

$52,749

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

True Cost to Own

$56,164*

Total Cash Price

$39,923

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

True Cost to Own

$56,026*

Total Cash Price

$39,726

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

True Cost to Own

$61,980*

Total Cash Price

$47,984

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

True Cost to Own

$63,942*

Total Cash Price

$50,185

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

True Cost to Own

$67,926*

Total Cash Price

$55,391

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

True Cost to Own

$65,711*

Total Cash Price

$52,972

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

True Cost to Own

$59,701*

Total Cash Price

$44,761

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

True Cost to Own

$62,003*

Total Cash Price

$47,833

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

True Cost to Own

$62,939*

Total Cash Price

$49,714

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

True Cost to Own

$65,605*

Total Cash Price

$52,822

Silverado 2500HD Regular Cab

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

True Cost to Own

$51,794*

Total Cash Price

$33,004

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

True Cost to Own

$53,804*

Total Cash Price

$36,594

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

True Cost to Own

$59,374*

Total Cash Price

$43,902

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

True Cost to Own

$56,343*

Total Cash Price

$40,153

Silverado 2500HD Double Cab

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

True Cost to Own

$57,829*

Total Cash Price

$41,562

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

True Cost to Own

$61,562*

Total Cash Price

$46,802

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

True Cost to Own

$58,363*

Total Cash Price

$42,329

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

True Cost to Own

$61,081*

Total Cash Price

$46,289

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

True Cost to Own

$54,898*

Total Cash Price

$38,109

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

True Cost to Own

$64,511*

Total Cash Price

$50,808

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

True Cost to Own

$61,793*

Total Cash Price

$47,371

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

True Cost to Own

$56,646*

Total Cash Price

$40,615

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

True Cost to Own

$63,658*

Total Cash Price

$49,960

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

True Cost to Own

$58,705*

Total Cash Price

$43,726

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

True Cost to Own

$59,145*

Total Cash Price

$43,886

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

True Cost to Own

$61,515*

Total Cash Price

$47,523

Ownership Costs: 5-Year Total

Depreciation

$25,796

Taxes & Fees

$3,130

Financing

$10,122

Fuel

$13,846

Insurance

$4,514

Repairs

$3,694

Maintenance

$6,923

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$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,946$46$46$46$46$3,130
Financing$3,462$2,798$2,080$1,307$475$10,122
Depreciation$9,360$4,814$4,280$3,842$3,500$25,796
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$20,661$12,759$12,221$11,700$10,684$68,025

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$803$827$852$877$904$4,263
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,705$46$46$46$46$2,889
Financing$3,174$2,564$1,907$1,198$435$9,278
Depreciation$8,579$4,413$3,923$3,522$3,208$23,645
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,304$12,075$11,641$11,219$10,299$64,538

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$869$895$922$950$978$4,614
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$3,158$46$46$46$46$3,342
Financing$3,717$3,002$2,233$1,404$509$10,865
Depreciation$10,048$5,168$4,595$4,125$3,757$27,693
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$21,835$13,336$12,709$12,101$10,996$70,977

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$784$808$832$857$882$4,163
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,433$46$46$46$46$2,617
Financing$2,848$2,301$1,711$1,076$390$8,326
Depreciation$7,698$3,959$3,520$3,160$2,879$21,216
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,806$11,339$11,022$10,715$9,903$60,785

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$784$808$832$857$882$4,163
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,400$46$46$46$46$2,584
Financing$2,809$2,270$1,687$1,061$385$8,212
Depreciation$7,592$3,905$3,472$3,117$2,839$20,925
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,628$11,254$10,950$10,657$9,858$60,347

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$809$833$858$884$911$4,295
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,794$46$46$46$46$2,978
Financing$3,280$2,650$1,971$1,239$449$9,589
Depreciation$8,867$4,561$4,054$3,640$3,316$24,438
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,793$12,315$11,842$11,385$10,428$65,763

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$739$761$784$808$832$3,924
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,127$46$46$46$46$2,311
Financing$2,483$2,005$1,492$937$341$7,258
Depreciation$6,709$3,451$3,068$2,754$2,509$18,491
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,061$10,440$10,118$10,185$9,360$56,164

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$739$761$784$808$832$3,924
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,117$46$46$46$46$2,301
Financing$2,471$1,995$1,484$933$339$7,222
Depreciation$6,676$3,434$3,052$2,741$2,496$18,399
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,006$10,413$10,094$10,168$9,345$56,026

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$776$799$823$848$873$4,119
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,546$46$46$46$46$2,730
Financing$2,984$2,411$1,792$1,127$409$8,723
Depreciation$8,065$4,148$3,688$3,311$3,016$22,228
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,374$11,581$11,077$10,972$9,976$61,980

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$803$827$852$877$904$4,263
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,660$46$46$46$46$2,844
Financing$3,121$2,521$1,875$1,178$428$9,123
Depreciation$8,436$4,339$3,857$3,463$3,154$23,249
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,063$11,958$11,543$11,140$10,238$63,942

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$869$895$922$950$978$4,614
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,931$46$46$46$46$3,115
Financing$3,445$2,782$2,070$1,300$473$10,070
Depreciation$9,312$4,789$4,258$3,823$3,482$25,664
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$20,600$12,737$12,209$11,695$10,685$67,926

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$823$848$873$899$926$4,369
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,805$46$46$46$46$2,989
Financing$3,294$2,661$1,979$1,244$452$9,630
Depreciation$8,905$4,580$4,072$3,656$3,330$24,543
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,830$12,312$11,698$11,485$10,386$65,711

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$770$793$817$841$867$4,088
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,379$46$46$46$46$2,563
Financing$2,784$2,248$1,672$1,051$382$8,137
Depreciation$7,523$3,869$3,440$3,088$2,813$20,733
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,459$11,133$10,703$10,666$9,740$59,701

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$800$824$849$874$900$4,247
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,538$46$46$46$46$2,722
Financing$2,975$2,403$1,787$1,123$408$8,696
Depreciation$8,040$4,135$3,676$3,301$3,006$22,158
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,356$11,585$11,086$10,984$9,992$62,003

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$729$751$773$797$820$3,870
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,636$46$46$46$46$2,820
Financing$3,092$2,497$1,857$1,168$424$9,038
Depreciation$8,356$4,298$3,821$3,431$3,125$23,031
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,816$11,769$11,225$11,082$10,047$62,939

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$823$848$873$899$926$4,369
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,797$46$46$46$46$2,981
Financing$3,285$2,654$1,973$1,240$451$9,603
Depreciation$8,879$4,567$4,060$3,645$3,321$24,472
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,787$12,292$11,680$11,470$10,376$65,605

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$772$795$819$844$869$4,099
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,768$46$46$46$46$1,952
Financing$2,052$1,658$1,233$775$282$6,000
Depreciation$5,544$2,852$2,535$2,276$2,073$15,280
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$14,179$9,576$9,546$9,517$8,976$51,794

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$732$754$777$800$824$3,887
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,954$46$46$46$46$2,138
Financing$2,276$1,838$1,367$859$313$6,653
Depreciation$6,149$3,163$2,811$2,524$2,299$16,946
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$15,114$9,978$9,729$9,869$9,114$53,804

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$768$791$815$839$864$4,077
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,334$46$46$46$46$2,518
Financing$2,730$2,206$1,640$1,031$374$7,981
Depreciation$7,378$3,795$3,374$3,029$2,759$20,335
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,253$11,063$10,788$10,521$9,749$59,374

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$743$765$788$812$836$3,944
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,139$46$46$46$46$2,323
Financing$2,497$2,017$1,500$943$343$7,300
Depreciation$6,747$3,471$3,085$2,770$2,523$18,596
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,129$10,476$10,147$10,211$9,380$56,343

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$784$808$832$857$882$4,163
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,212$46$46$46$46$2,396
Financing$2,585$2,088$1,552$976$355$7,556
Depreciation$6,985$3,593$3,194$2,867$2,612$19,251
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,609$10,760$10,537$10,322$9,601$57,829

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$799$823$848$873$899$4,242
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,485$46$46$46$46$2,669
Financing$2,911$2,351$1,748$1,099$399$8,508
Depreciation$7,866$4,046$3,597$3,229$2,942$21,680
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,104$11,491$11,152$10,823$9,992$61,562

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$784$808$832$857$882$4,163
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,252$46$46$46$46$2,436
Financing$2,632$2,127$1,581$994$361$7,695
Depreciation$7,114$3,659$3,253$2,920$2,660$19,606
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,825$10,865$10,625$10,393$9,655$58,363

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$776$799$823$848$873$4,119
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,458$46$46$46$46$2,642
Financing$2,879$2,325$1,729$1,087$395$8,415
Depreciation$7,780$4,002$3,557$3,194$2,909$21,442
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,936$11,397$11,068$10,751$9,929$61,081

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$739$761$784$808$832$3,924
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,033$46$46$46$46$2,217
Financing$2,370$1,914$1,424$895$325$6,928
Depreciation$6,403$3,294$2,928$2,629$2,395$17,649
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$15,548$10,192$9,910$10,018$9,230$54,898

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$828$853$878$905$932$4,396
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,693$46$46$46$46$2,877
Financing$3,160$2,552$1,898$1,193$434$9,237
Depreciation$8,540$4,393$3,905$3,506$3,194$23,538
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$19,264$12,069$11,640$11,226$10,312$64,511

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$821$846$871$897$924$4,359
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,514$46$46$46$46$2,698
Financing$2,946$2,380$1,769$1,113$404$8,612
Depreciation$7,962$4,095$3,641$3,269$2,977$21,944
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,246$11,544$11,055$10,965$9,983$61,793

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$739$761$784$808$832$3,924
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,163$46$46$46$46$2,347
Financing$2,526$2,040$1,517$954$347$7,384
Depreciation$6,825$3,511$3,121$2,802$2,552$18,811
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$16,256$10,535$10,196$10,250$9,409$56,646

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$779$802$826$851$877$4,135
Maintenance$902$921$1,425$1,885$1,790$6,923
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,649$46$46$46$46$2,833
Financing$3,107$2,510$1,866$1,173$426$9,082
Depreciation$8,398$4,319$3,840$3,448$3,140$23,145
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,976$11,902$11,491$11,094$10,195$63,658

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$718$740$762$785$808$3,813
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,325$46$46$46$46$2,509
Financing$2,719$2,197$1,633$1,027$373$7,949
Depreciation$7,349$3,780$3,360$3,017$2,748$20,254
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,114$10,940$10,529$10,515$9,607$58,705

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$780$803$828$852$878$4,141
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,333$46$46$46$46$2,517
Financing$2,729$2,205$1,639$1,031$374$7,978
Depreciation$7,376$3,794$3,373$3,028$2,758$20,329
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$17,221$11,025$10,614$10,597$9,688$59,145

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$749$771$795$818$843$3,976
Maintenance$902$921$1,294$2,011$1,790$6,918
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,522$46$46$46$46$2,706
Financing$2,955$2,388$1,775$1,116$405$8,639
Depreciation$7,988$4,108$3,652$3,279$2,987$22,014
Fuel$2,608$2,686$2,767$2,850$2,935$13,846
True Cost to Own®$18,217$11,490$10,996$10,899$9,913$61,515

*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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