Chevrolet Silverado 1500/GMC Sierra 1500 Work Truck Reg Cab 2WD 119

Full Size Pickup

 

Chevrolet Silverado 1500/GMC Sierra 1500 WT Reg Cab 2WD 119

With redesigned trucks from Ford and Dodge, the competition in the full-size ½ ton pickup segment was sure to be interesting.  However, when the numbers came in, Vincentric’s Best Fleet Value in America™  award was shared by the pickups from General Motors – The Chevrolet Silverado 1500 and GMC Sierra 1500 – for the second year in a row.
MSRP: $19,375
Invoice: $18,309
Destination: $975
Fleet Incentive: $2,000
Vincentric Fleet Price: $17,284
Cost Item Year 1 Year 2 Year 3 Total Per Mile
Depreciation: $7,484 $2,000 $2,275 $11,759 $0.196
Fees & Taxes: 1,059 93 99 1,251 0.021
Finance: 1,031 831 617 2,479 0.041
Fuel: 2,341 2,424 2,510 7,275 0.121
Insurance: 1,079 1,067 1,056 3,202 0.053
Maintenance: 188 311 1,232 1,731 0.029
Opportunity Cost: 220 347 492 1,059 0.018
Repairs: 0 73 367 440 0.007
$13,402 $7,146 $8,648 $29,196 $0.487
The data displayed here is based on 36 months of ownership and annual mileage of 20,000.  The award is based the vehicle's performance over multiple annual mileages (10k, 15k, 20k, 25k, and 30k)  and multiple lengths of ownership (24, 36, 48 and 60 months).  The analysis was performed in February, 2009.

 

 

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