GMC Sierra 1500 · Cost of Ownership
GMC Sierra 1500 Costs
The average cost of owning a GMC Sierra 1500 for 5 years is $49,329. This total will vary per vehicle, driver, and location. These ownership expenses include:
Cost breakdown
5-Year Cost Breakdown
| Cost | Value | Percent |
|---|---|---|
| Depreciation | $20,210 | 41% |
| Fuel | $10,000 | 20% |
| Insurance | $8,350 | 17% |
| Interest | $7,169 | 15% |
| Maintenance | $3,600 | 7% |
Value rating
GMC Sierra 1500 CarMatch Value Rating
This grade is our unbiased financial assessment of whether the GMC Sierra 1500 is likely to be a good or poor automotive investment, based on its 5-year cost to own relative to its price. Learn more about our Value Ratings.
Depreciation
$20,21041% of 5-yr costDepreciation is the value the GMC Sierra 1500 sheds over five years — almost always the single largest cost of ownership. Models that hold their value shrink this number dramatically.
Insurance Premiums
$8,35017% of 5-yr costEstimated full-coverage insurance premiums for the GMC Sierra 1500 over five years. Your actual rate depends on driving record, location, and coverage level.
Maintenance & Repairs
$3,6007% of 5-yr costRoutine service, wear items, and out-of-warranty repairs for the GMC Sierra 1500. EVs and simpler powertrains typically land at the low end here.
Loan Interest
$7,16915% of 5-yr costFinance charges on a typical 60-month loan for the GMC Sierra 1500 at current average APRs. A larger down payment or shorter term reduces this.
Fuel Costs
$10,00020% of 5-yr costEstimated fuel or charging cost to drive the GMC Sierra 1500 ~15,000 miles a year for five years, based on its powertrain and typical energy prices.