Used 2016 GMC Sierra 1500 Cost to Own

Total 5-Year Ownership Costs

Sierra 1500 Crew Cab

SLT 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$51,592*

Total Cash Price

$37,969

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

True Cost to Own

$54,475*

Total Cash Price

$41,941

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

True Cost to Own

$49,679*

Total Cash Price

$36,523

SLT 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$49,405*

Total Cash Price

$36,347

SLT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$52,680*

Total Cash Price

$39,247

SLE 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$50,142*

Total Cash Price

$36,015

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

True Cost to Own

$46,516*

Total Cash Price

$33,239

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

True Cost to Own

$51,971*

Total Cash Price

$39,525

Denali 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$54,502*

Total Cash Price

$41,734

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

True Cost to Own

$42,957*

Total Cash Price

$28,401

4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$44,005*

Total Cash Price

$28,728

4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$46,554*

Total Cash Price

$31,158

SLE 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$47,055*

Total Cash Price

$32,988

SLT 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

True Cost to Own

$49,558*

Total Cash Price

$36,427

Denali 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)

True Cost to Own

$52,112*

Total Cash Price

$39,611

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

True Cost to Own

$45,982*

Total Cash Price

$31,532

Sierra 1500 Double Cab

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

True Cost to Own

$46,854*

Total Cash Price

$32,611

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

True Cost to Own

$42,985*

Total Cash Price

$27,323

SLT 4dr Double Cab 4WD SB (5.3L 8cyl 6A)

True Cost to Own

$50,154*

Total Cash Price

$36,132

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

True Cost to Own

$40,545*

Total Cash Price

$25,192

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

True Cost to Own

$43,828*

Total Cash Price

$29,622

SLT 4dr Double Cab SB (5.3L 8cyl 6A)

True Cost to Own

$47,582*

Total Cash Price

$33,719

Sierra 1500 Regular Cab

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

True Cost to Own

$44,721*

Total Cash Price

$30,127

SLE 2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$45,116*

Total Cash Price

$30,485

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

True Cost to Own

$42,576*

Total Cash Price

$28,260

SLE 2dr Regular Cab SB (4.3L 6cyl 6A)

True Cost to Own

$43,074*

Total Cash Price

$28,936

2dr Regular Cab 4WD SB (4.3L 6cyl 6A)

True Cost to Own

$41,379*

Total Cash Price

$25,549

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

True Cost to Own

$41,212*

Total Cash Price

$25,447

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

True Cost to Own

$37,592*

Total Cash Price

$21,515

2dr Regular Cab SB (4.3L 6cyl 6A)

True Cost to Own

$37,973*

Total Cash Price

$21,996

Ownership Costs: 5-Year Total

Depreciation

$18,198

Taxes & Fees

$2,210

Financing

$6,902

Fuel

$9,377

Insurance

$4,339

Repairs

$3,694

Maintenance

$6,872

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLT 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$817$842$867$893$920$4,339
Maintenance$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,026$46$46$46$46$2,210
Financing$2,361$1,908$1,418$892$323$6,902
Depreciation$7,181$3,227$2,868$2,575$2,347$18,198
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$15,659$9,380$9,175$8,934$8,444$51,592

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab Denali 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$826$851$876$903$930$4,386
Maintenance$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,232$46$46$46$46$2,416
Financing$2,608$2,107$1,567$985$358$7,625
Depreciation$7,934$3,565$3,168$2,845$2,593$20,105
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$16,874$9,926$9,633$9,307$8,735$54,475

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLE 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$793$817$841$867$893$4,211
Maintenance$937$838$1,342$1,717$1,780$6,614
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,951$46$46$46$46$2,135
Financing$2,271$1,835$1,365$857$312$6,640
Depreciation$6,907$3,104$2,758$2,477$2,257$17,503
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$15,065$8,981$8,848$8,633$8,152$49,679

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLT 4dr Crew Cab 5.8 ft. SB (5.3L 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$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,941$46$46$46$46$2,125
Financing$2,260$1,826$1,358$854$310$6,608
Depreciation$6,874$3,089$2,745$2,465$2,246$17,419
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$14,986$8,967$8,658$8,696$8,098$49,405

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 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$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,092$46$46$46$46$2,276
Financing$2,441$1,971$1,467$921$335$7,135
Depreciation$7,424$3,336$2,964$2,662$2,426$18,812
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$16,081$9,586$9,355$9,086$8,572$52,680

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLE 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$807$831$856$882$908$4,284
Maintenance$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,924$46$46$46$46$2,108
Financing$2,240$1,809$1,345$846$307$6,547
Depreciation$6,811$3,061$2,720$2,442$2,226$17,260
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$15,056$9,104$8,943$8,744$8,295$50,142

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLE 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$775$798$822$847$872$4,114
Maintenance$937$838$1,211$1,843$1,780$6,609
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,780$46$46$46$46$1,964
Financing$2,067$1,670$1,242$780$284$6,043
Depreciation$6,286$2,824$2,510$2,254$2,054$15,928
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$13,928$8,384$8,185$8,286$7,733$46,516

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab Denali 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$826$851$876$903$930$4,386
Maintenance$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,107$46$46$46$46$2,291
Financing$2,458$1,986$1,476$928$337$7,185
Depreciation$7,476$3,359$2,985$2,681$2,443$18,944
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$16,008$9,455$9,075$9,048$8,385$51,971

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab Denali 4dr Crew Cab 4WD 6.5 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$859$885$911$939$967$4,561
Maintenance$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$2,221$46$46$46$46$2,405
Financing$2,595$2,097$1,559$980$356$7,587
Depreciation$7,895$3,548$3,152$2,831$2,580$20,006
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$16,844$9,933$9,644$9,324$8,757$54,502

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab 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$755$778$801$825$850$4,009
Maintenance$937$838$1,211$1,843$1,780$6,609
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,529$46$46$46$46$1,713
Financing$1,766$1,427$1,061$667$242$5,163
Depreciation$5,369$2,413$2,144$1,925$1,754$13,605
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$12,439$7,710$7,617$7,822$7,369$42,957

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$777$800$824$849$875$4,125
Maintenance$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,546$46$46$46$46$1,730
Financing$1,787$1,443$1,073$675$245$5,223
Depreciation$5,431$2,440$2,169$1,947$1,775$13,762
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$12,682$7,942$7,804$8,007$7,570$44,005

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 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$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,672$46$46$46$46$1,856
Financing$1,938$1,565$1,164$732$265$5,664
Depreciation$5,891$2,647$2,352$2,113$1,925$14,928
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$13,559$8,423$8,370$8,276$7,926$46,554

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLE 4dr Crew Cab 6.5 ft. SB (5.3L 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$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,767$46$46$46$46$1,951
Financing$2,051$1,658$1,232$775$281$5,997
Depreciation$6,238$2,803$2,491$2,237$2,038$15,807
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$13,976$8,522$8,287$8,399$7,871$47,055

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab SLT 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$788$812$836$861$887$4,184
Maintenance$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,946$46$46$46$46$2,130
Financing$2,265$1,830$1,361$856$310$6,622
Depreciation$6,889$3,096$2,751$2,470$2,251$17,457
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$15,029$8,997$8,686$8,723$8,123$49,558

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab Denali 4dr Crew Cab 6.5 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$841$866$892$919$947$4,465
Maintenance$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$2,111$46$46$46$46$2,295
Financing$2,463$1,990$1,480$930$338$7,201
Depreciation$7,493$3,367$2,992$2,686$2,448$18,986
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$16,049$9,482$9,102$9,071$8,408$52,112

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Crew Cab 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$768$791$815$839$864$4,077
Maintenance$937$838$1,342$1,717$1,780$6,614
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,691$46$46$46$46$1,875
Financing$1,961$1,584$1,178$740$269$5,732
Depreciation$5,962$2,679$2,381$2,138$1,948$15,108
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$13,525$8,279$8,258$8,149$7,771$45,982

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab SLE 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$811$835$860$886$4,179
Maintenance$937$838$1,342$1,717$1,780$6,614
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,747$46$46$46$46$1,931
Financing$2,028$1,638$1,219$765$278$5,928
Depreciation$6,167$2,771$2,462$2,211$2,015$15,626
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$13,872$8,445$8,400$8,268$7,869$46,854

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab 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$769$792$816$840$866$4,083
Maintenance$937$838$1,342$1,717$1,780$6,614
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,473$46$46$46$46$1,657
Financing$1,699$1,373$1,021$641$233$4,967
Depreciation$5,165$2,321$2,062$1,852$1,688$13,088
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$12,249$7,711$7,783$7,765$7,477$42,985

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab SLT 4dr Double Cab 4WD SB (5.3L 8cyl 6A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$793$817$841$867$893$4,211
Maintenance$975$920$1,381$1,757$1,839$6,872
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,930$46$46$46$46$2,114
Financing$2,247$1,815$1,350$848$309$6,569
Depreciation$6,834$3,071$2,729$2,450$2,233$17,317
Fuel$1,766$1,819$1,874$1,930$1,988$9,377
True Cost to Own®$15,078$9,106$8,942$8,739$8,289$50,154

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab 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$732$754$777$800$824$3,887
Maintenance$937$838$1,211$1,843$1,780$6,609
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,362$46$46$46$46$1,546
Financing$1,567$1,265$941$592$215$4,580
Depreciation$4,761$2,140$1,901$1,707$1,556$12,065
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$11,442$7,251$7,230$7,504$7,118$40,545

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab SLE 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$755$778$801$825$850$4,009
Maintenance$937$838$1,211$1,843$1,780$6,609
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,592$46$46$46$46$1,776
Financing$1,842$1,488$1,107$695$253$5,385
Depreciation$5,600$2,517$2,236$2,008$1,830$14,191
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$12,809$7,875$7,755$7,933$7,456$43,828

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Double Cab SLT 4dr Double Cab SB (5.3L 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$975$920$1,250$1,883$1,839$6,867
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,805$46$46$46$46$1,989
Financing$2,097$1,694$1,260$791$288$6,130
Depreciation$6,376$2,865$2,546$2,286$2,084$16,157
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$14,199$8,621$8,372$8,465$7,925$47,582

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab SLE 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$740$762$785$809$833$3,929
Maintenance$937$838$1,287$1,662$1,780$6,504
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,618$46$46$46$46$1,802
Financing$1,874$1,513$1,126$707$257$5,477
Depreciation$5,696$2,560$2,274$2,042$1,861$14,433
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$13,071$8,060$8,014$7,935$7,641$44,721

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab SLE 2dr Regular 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$766$789$813$837$862$4,067
Maintenance$937$838$1,287$1,662$1,780$6,504
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,637$46$46$46$46$1,821
Financing$1,896$1,531$1,139$716$260$5,542
Depreciation$5,764$2,590$2,301$2,067$1,884$14,606
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$13,206$8,135$8,082$7,997$7,696$45,116

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab SLE 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$723$745$767$790$814$3,839
Maintenance$937$838$1,156$1,788$1,780$6,499
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,521$46$46$46$46$1,705
Financing$1,757$1,420$1,056$663$241$5,137
Depreciation$5,342$2,401$2,133$1,916$1,746$13,538
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$12,363$7,658$7,512$7,719$7,324$42,576

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab SLE 2dr Regular 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$748$770$793$817$3,854
Maintenance$937$838$1,156$1,788$1,780$6,499
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,556$46$46$46$46$1,740
Financing$1,799$1,454$1,081$680$246$5,260
Depreciation$5,471$2,458$2,184$1,962$1,788$13,863
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$12,572$7,752$7,591$7,785$7,374$43,074

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab 2dr Regular 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$726$748$770$793$817$3,854
Maintenance$937$838$1,287$1,662$1,780$6,504
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,380$46$46$46$46$1,564
Financing$1,589$1,283$955$600$218$4,645
Depreciation$4,829$2,170$1,928$1,731$1,578$12,236
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$11,667$7,426$7,482$7,501$7,303$41,379

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab 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$708$729$751$774$797$3,759
Maintenance$937$838$1,287$1,662$1,780$6,504
Repairs$533$618$721$841$981$3,694
Taxes & Fees$1,375$46$46$46$46$1,559
Financing$1,583$1,278$951$597$217$4,626
Depreciation$4,810$2,161$1,920$1,725$1,572$12,188
Fuel$1,673$1,723$1,775$1,828$1,883$8,882
True Cost to Own®$11,619$7,393$7,451$7,473$7,276$41,212

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab 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$691$712$733$755$778$3,669
Maintenance$937$838$1,156$1,788$1,780$6,499
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,171$46$46$46$46$1,355
Financing$1,338$1,081$804$505$183$3,911
Depreciation$4,065$1,827$1,623$1,457$1,328$10,300
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$10,285$6,712$6,716$7,067$6,812$37,592

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 Sierra 1500 Regular Cab 2dr Regular 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$698$719$741$763$786$3,707
Maintenance$937$838$1,156$1,788$1,780$6,499
Repairs$493$570$667$779$907$3,416
Taxes & Fees$1,196$46$46$46$46$1,380
Financing$1,368$1,105$822$516$188$3,999
Depreciation$4,156$1,867$1,659$1,490$1,358$10,530
Fuel$1,590$1,638$1,687$1,737$1,790$8,442
True Cost to Own®$10,438$6,783$6,778$7,119$6,855$37,973

*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 GMC Sierra 1500 in Virginia is:

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