2020 Chevrolet Silverado 3500HD Cost to Own

Total 5-Year Ownership Costs

Silverado 3500HD Crew Cab

LTZ 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

True Cost to Own

$56,185*

Total Cash Price

$68,570

LTZ 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$58,160*

Total Cash Price

$69,555

High Country 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$62,511*

Total Cash Price

$74,270

High Country 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

True Cost to Own

$58,487*

Total Cash Price

$73,479

Work Truck 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$53,734*

Total Cash Price

$52,604

LT 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$55,351*

Total Cash Price

$61,042

LT 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

True Cost to Own

$54,172*

Total Cash Price

$57,912

LTZ 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$58,567*

Total Cash Price

$71,005

High Country 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$61,953*

Total Cash Price

$74,777

Work Truck 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

True Cost to Own

$52,048*

Total Cash Price

$51,299

LTZ 4dr Crew Cab SB (6.6L 8cyl 6A)

True Cost to Own

$61,012*

Total Cash Price

$61,639

LTZ 4dr Crew Cab LB (6.6L 8cyl 6A)

True Cost to Own

$64,510*

Total Cash Price

$67,733

LTZ 4dr Crew Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$65,546*

Total Cash Price

$68,502

LT 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$56,503*

Total Cash Price

$62,248

LT 4dr Crew Cab SB (6.6L 8cyl 6A)

True Cost to Own

$54,646*

Total Cash Price

$50,791

LT 4dr Crew Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$59,093*

Total Cash Price

$57,097

LT 4dr Crew Cab LB (6.6L 8cyl 6A)

True Cost to Own

$54,085*

Total Cash Price

$49,574

Work Truck 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$53,153*

Total Cash Price

$55,185

Work Truck 4dr Crew Cab SB (6.6L 8cyl 6A)

True Cost to Own

$50,950*

Total Cash Price

$44,836

Work Truck 4dr Crew Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$53,109*

Total Cash Price

$47,529

Work Truck 4dr Crew Cab LB (6.6L 8cyl 6A)

True Cost to Own

$50,369*

Total Cash Price

$43,842

Silverado 3500HD Regular Cab

Work Truck 2dr Regular Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$46,056*

Total Cash Price

$41,432

LT 2dr Regular Cab LB (6.6L 8cyl 6A)

True Cost to Own

$50,689*

Total Cash Price

$44,383

LT 2dr Regular Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$56,509*

Total Cash Price

$52,650

LT 2dr Regular Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$53,747*

Total Cash Price

$55,885

LT 2dr Regular Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$50,636*

Total Cash Price

$51,007

Work Truck 2dr Regular Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$51,168*

Total Cash Price

$50,995

Work Truck 2dr Regular Cab LB (6.6L 8cyl 6A)

True Cost to Own

$45,007*

Total Cash Price

$37,018

Work Truck 2dr Regular Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$49,721*

Total Cash Price

$41,825

Silverado 3500HD Double Cab

LT 4dr Double Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$55,949*

Total Cash Price

$53,559

LT 4dr Double Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$54,047*

Total Cash Price

$58,866

LT 4dr Double Cab LB (6.6L 8cyl 6A)

True Cost to Own

$54,938*

Total Cash Price

$52,210

LT 4dr Double Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$51,550*

Total Cash Price

$54,502

Work Truck 4dr Double Cab 4WD LB DRW (6.6L 8cyl 6A)

True Cost to Own

$48,988*

Total Cash Price

$50,265

Work Truck 4dr Double Cab LB DRW (6.6L 8cyl 6A)

True Cost to Own

$49,122*

Total Cash Price

$41,911

Work Truck 4dr Double Cab 4WD LB (6.6L 8cyl 6A)

True Cost to Own

$44,659*

Total Cash Price

$42,026

Work Truck 4dr Double Cab LB (6.6L 8cyl 6A)

True Cost to Own

$47,678*

Total Cash Price

$40,435

Ownership Costs: 5-Year Total

Depreciation

$14,368

Taxes & Fees

$2,970

Financing

$12,466

Fuel

$16,076

Insurance

$4,494

Repairs

$1,004

Maintenance

$4,807

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$838$867$898$929$962$4,494
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,786$46$46$46$46$2,970
Financing$4,264$3,445$2,562$1,610$585$12,466
Depreciation$5,088$2,258$2,139$2,505$2,378$14,368
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$16,318$10,320$9,578$10,891$9,078$56,185

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$832$861$891$922$955$4,461
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,825$46$46$46$46$3,009
Financing$4,326$3,494$2,598$1,633$594$12,645
Depreciation$5,410$2,618$2,477$2,901$2,752$16,158
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$16,735$10,723$9,945$11,303$9,454$58,160

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab High Country 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$833$862$892$924$956$4,467
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$3,013$46$46$46$46$3,197
Financing$4,619$3,731$2,774$1,744$634$13,502
Depreciation$6,397$3,178$3,010$3,532$3,341$19,458
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$18,204$11,521$10,655$12,047$10,084$62,511

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab High Country 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$833$862$892$924$956$4,467
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,982$46$46$46$46$3,166
Financing$4,570$3,691$2,745$1,725$627$13,358
Depreciation$4,258$2,762$2,615$3,067$2,907$15,609
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$15,985$11,065$10,231$11,563$9,643$58,487

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,150$46$46$46$46$2,334
Financing$3,271$2,643$1,965$1,235$449$9,563
Depreciation$5,223$2,560$2,424$2,841$2,693$15,741
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$14,771$9,765$9,209$10,793$9,196$53,734

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$788$816$844$874$904$4,226
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,486$46$46$46$46$2,670
Financing$3,796$3,067$2,280$1,433$521$11,097
Depreciation$6,105$2,282$2,157$2,530$2,397$15,471
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$16,517$9,915$9,260$10,684$8,975$55,351

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$790$818$846$876$907$4,237
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,361$46$46$46$46$2,545
Financing$3,601$2,910$2,163$1,360$494$10,528
Depreciation$5,847$2,222$2,103$2,469$2,334$14,975
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$15,941$9,700$9,091$10,552$8,888$54,172

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$831$860$890$921$954$4,456
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,883$46$46$46$46$3,067
Financing$4,416$3,567$2,652$1,668$605$12,908
Depreciation$5,413$2,496$2,360$2,771$2,622$15,662
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$16,885$10,673$9,881$11,794$9,334$58,567

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab High Country 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$833$862$892$924$956$4,467
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$3,033$46$46$46$46$3,217
Financing$4,650$3,757$2,793$1,756$638$13,594
Depreciation$6,086$2,948$2,791$3,272$3,104$18,201
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$17,944$11,317$10,455$12,386$9,851$61,953

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab 4WD SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,098$46$46$46$46$2,282
Financing$3,190$2,577$1,917$1,204$438$9,326
Depreciation$4,317$2,442$2,309$2,709$2,567$14,344
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$13,732$9,581$9,046$10,630$9,059$52,048

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$784$811$840$869$900$4,204
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$2,510$46$46$46$46$2,694
Financing$3,833$3,097$2,303$1,447$526$11,206
Depreciation$5,120$4,218$3,993$4,681$4,437$22,449
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$15,336$11,615$10,836$12,532$10,693$61,012

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$772$799$827$856$886$4,140
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$2,753$46$46$46$46$2,937
Financing$4,212$3,403$2,530$1,591$577$12,313
Depreciation$5,614$4,636$4,389$5,145$4,877$24,661
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$16,440$12,327$11,446$13,127$11,170$64,510

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LTZ 4dr Crew Cab LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$772$799$827$856$886$4,140
Maintenance$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$2,783$46$46$46$46$2,967
Financing$4,260$3,441$2,559$1,609$584$12,453
Depreciation$5,677$4,689$4,439$5,203$4,932$24,940
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$16,581$12,418$11,525$13,790$11,232$65,546

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 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$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,534$46$46$46$46$2,718
Financing$3,871$3,127$2,326$1,461$531$11,316
Depreciation$5,204$2,573$2,436$2,856$2,705$15,774
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$15,738$10,265$9,584$11,624$9,292$56,503

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab SB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$779$806$834$864$894$4,177
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$2,078$46$46$46$46$2,262
Financing$3,159$2,551$1,898$1,192$433$9,233
Depreciation$4,251$3,472$3,287$3,853$3,652$18,515
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$13,356$10,318$9,719$11,444$9,809$54,646

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab LB DRW (6.6L 8cyl 6A)

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$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$2,329$46$46$46$46$2,513
Financing$3,551$2,868$2,133$1,341$487$10,380
Depreciation$4,752$3,906$3,698$4,335$4,109$20,800
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$14,533$11,103$10,401$12,698$10,358$59,093

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab LT 4dr Crew Cab LB (6.6L 8cyl 6A)

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$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$2,029$46$46$46$46$2,213
Financing$3,083$2,490$1,852$1,164$423$9,012
Depreciation$4,151$3,389$3,208$3,761$3,565$18,074
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$13,159$10,203$9,624$11,355$9,744$54,085

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,253$46$46$46$46$2,437
Financing$3,432$2,772$2,062$1,296$470$10,032
Depreciation$4,635$2,280$2,158$2,531$2,397$14,001
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$14,447$9,614$9,040$11,131$8,921$53,153

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab SB (6.6L 8cyl 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$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$1,840$46$46$46$46$2,024
Financing$2,788$2,253$1,675$1,052$383$8,151
Depreciation$3,704$3,069$2,905$3,405$3,228$16,311
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$12,168$9,584$9,080$10,820$9,298$50,950

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab LB DRW (6.6L 8cyl 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$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$1,948$46$46$46$46$2,132
Financing$2,956$2,387$1,776$1,116$405$8,640
Depreciation$3,919$3,254$3,080$3,611$3,422$17,286
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$12,659$9,903$9,356$11,677$9,514$53,109

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Crew Cab Work Truck 4dr Crew Cab LB (6.6L 8cyl 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$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$1,801$46$46$46$46$1,985
Financing$2,726$2,203$1,638$1,029$374$7,970
Depreciation$3,625$3,000$2,840$3,329$3,156$15,950
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$11,988$9,465$8,978$10,721$9,217$50,369

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab Work Truck 2dr Regular Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,705$46$46$46$46$1,889
Financing$2,577$2,081$1,548$973$353$7,532
Depreciation$3,518$1,709$1,618$1,897$1,797$10,539
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$11,927$8,352$7,986$9,587$8,204$46,056

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab LT 2dr Regular Cab LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$740$766$793$820$849$3,968
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$1,822$46$46$46$46$2,006
Financing$2,760$2,230$1,658$1,042$379$8,069
Depreciation$3,728$3,033$2,871$3,365$3,190$16,187
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$12,139$9,518$9,022$10,762$9,248$50,689

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab LT 2dr Regular Cab LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$815$844$873$904$935$4,371
Maintenance$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$2,152$46$46$46$46$2,336
Financing$3,274$2,645$1,967$1,236$449$9,571
Depreciation$4,392$3,601$3,409$3,996$3,787$19,185
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$13,722$10,579$9,949$12,258$10,001$56,509

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab LT 2dr Regular Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$835$864$894$926$958$4,477
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,281$46$46$46$46$2,465
Financing$3,475$2,808$2,088$1,312$476$10,159
Depreciation$4,686$2,309$2,186$2,563$2,428$14,172
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$14,619$9,731$9,147$11,235$9,015$53,747

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab LT 2dr Regular Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$795$823$852$881$912$4,263
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,086$46$46$46$46$2,270
Financing$3,172$2,562$1,906$1,198$435$9,273
Depreciation$4,288$2,107$1,994$2,339$2,215$12,943
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$13,683$9,242$8,731$10,265$8,715$50,636

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab Work Truck 2dr Regular Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,086$46$46$46$46$2,270
Financing$3,171$2,562$1,905$1,198$435$9,271
Depreciation$4,292$2,106$1,994$2,338$2,214$12,944
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$13,676$9,230$8,719$10,840$8,703$51,168

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab Work Truck 2dr Regular Cab LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$729$755$781$808$837$3,910
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$1,529$46$46$46$46$1,713
Financing$2,302$1,860$1,383$869$316$6,730
Depreciation$3,131$2,207$2,086$2,450$2,321$12,195
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$10,780$8,311$7,950$9,662$8,304$45,007

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Regular Cab Work Truck 2dr Regular Cab LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$729$755$781$808$837$3,910
Maintenance$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$1,720$46$46$46$46$1,904
Financing$2,601$2,101$1,563$982$356$7,603
Depreciation$3,521$2,857$2,705$3,170$3,005$15,258
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$11,660$9,202$8,749$11,082$9,028$49,721

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab LT 4dr Double Cab LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$751$777$804$833$862$4,027
Maintenance$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$2,238$46$46$46$46$2,422
Financing$3,331$2,690$2,001$1,258$457$9,737
Depreciation$3,316$3,749$3,549$4,160$3,943$18,717
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$12,725$10,705$10,054$12,373$10,092$55,949

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab LT 4dr Double Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$793$821$849$879$910$4,252
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,449$46$46$46$46$2,633
Financing$3,661$2,957$2,199$1,382$502$10,701
Depreciation$3,781$2,484$2,352$2,758$2,612$13,987
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$14,026$10,012$9,379$11,453$9,177$54,047

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab LT 4dr Double Cab LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$819$848$877$908$940$4,392
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$2,184$46$46$46$46$2,368
Financing$3,247$2,623$1,950$1,226$445$9,491
Depreciation$3,206$3,657$3,462$4,057$3,846$18,228
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$12,545$10,617$9,989$11,726$10,061$54,938

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab LT 4dr Double Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$822$851$881$911$943$4,408
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,275$46$46$46$46$2,459
Financing$3,389$2,738$2,037$1,279$465$9,908
Depreciation$3,425$2,303$2,181$2,557$2,422$12,888
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$13,253$9,642$9,078$10,594$8,983$51,550

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab Work Truck 4dr Double Cab 4WD LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,731$1,189$5,394
Repairs$0$0$146$348$510$1,004
Taxes & Fees$2,106$46$46$46$46$2,290
Financing$3,126$2,525$1,878$1,180$429$9,138
Depreciation$1,907$2,183$2,067$2,424$2,296$10,877
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$11,266$9,270$8,765$10,908$8,779$48,988

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab Work Truck 4dr Double Cab LB DRW (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$748$774$801$829$858$4,010
Maintenance$314$585$575$2,722$1,189$5,385
Repairs$0$0$135$322$472$929
Taxes & Fees$1,774$46$46$46$46$1,958
Financing$2,606$2,106$1,566$984$357$7,619
Depreciation$2,606$2,894$2,736$3,212$3,041$14,489
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$10,823$9,263$8,803$11,147$9,086$49,122

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab Work Truck 4dr Double Cab 4WD LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$785$812$841$870$901$4,209
Maintenance$314$585$575$2,144$1,189$4,807
Repairs$0$0$146$348$510$1,004
Taxes & Fees$1,778$46$46$46$46$1,962
Financing$2,614$2,111$1,570$987$358$7,640
Depreciation$1,435$1,832$1,734$2,034$1,926$8,961
Fuel$3,028$3,119$3,212$3,309$3,408$16,076
True Cost to Own®$9,954$8,505$8,124$9,738$8,338$44,659

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Silverado 3500HD Double Cab Work Truck 4dr Double Cab LB (6.6L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$748$774$801$829$858$4,010
Maintenance$314$585$575$2,135$1,189$4,798
Repairs$0$0$135$322$472$929
Taxes & Fees$1,715$46$46$46$46$1,899
Financing$2,515$2,031$1,511$949$345$7,351
Depreciation$2,261$2,847$2,696$3,160$2,995$13,959
Fuel$2,775$2,858$2,944$3,032$3,123$14,732
True Cost to Own®$10,328$9,141$8,708$10,473$9,028$47,678

*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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*The Manufacturer's Suggested Retail Price excludes destination freight charge, tax, title, license, dealer fees and optional equipment. Click here to see all Chevrolet vehicles' destination freight charges. Some colors are extra cost. See dealer for details.

Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2020 Chevrolet Silverado 3500HD in Virginia is:

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