GMC Sierra 1500, 2WD

Full Size Pickup, 2WD

GMC Sierra 1500, 2WD

It was a close 2WD battle between the two sister vehicles…the Sierra and the Silverado…but the Sierra and its lower depreciation rate enabled it to come out on top for the second year in a row in this popular, high volume pickup segment.
 

2008 GMC Sierra 1500 SLT Crew Cab 2WD
Cost Item Year 1 Year 2 Year 3 Year 4 Year 5 Total
Depreciation:  $13395 $2132 $1788 $871 $854 $19040
Fees & Taxes: 1847 124 128 113 119 $2331
Finance:  1869 1508 1119 702 255 $5453
Fuel:  2703 2799 2898 3001 3108 $14509
Insurance:  1489 1473 1456 1440 1424 $7282
Maintenance:  86 233 1273 147 369 $2108
Opportunity Cost: 486 774 1104 1404 1749 $5517
Repairs:  0 0 186 310 310 $806
Total $21876 $9042 $9952 $7989 $8188 $57046
*The data displayed here is for the specific model and trim identified.  The award is based on an average of all trims combined as of January 2008.

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