Chevrolet Silverado 1500 vs GMC Sierra 1500: cost to own

Verdict, over 6 years

They cost about the same

Within $1,367: too close to call. Closest matching trims: same fuel and drive where possible.

Silverado 1500 WT 2WD$1,419/moTrue cost

Sierra 1500 Pro 2WD$1,438/moTrue cost

2026 Chevrolet Silverado 1500

Closest matching trim: Silverado 1500 WT 2WD

Sticker (MSRP)$48,999

+$10,374→↓Freight, fees, HST

Drive away$59,373

+ running costs→↓− $25,125 resale

True cost$1,419/moA month to own, after resale

2026 GMC Sierra 1500

Closest matching trim: Sierra 1500 Pro 2WD

Sticker (MSRP)$49,999

+$10,504→↓Freight, fees, HST

Drive away$60,503

+ running costs→↓− $25,923 resale

True cost$1,438/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $48,999	$49,999	Silverado 1500 by $1,000
Freight and fees, before tax	$3,544	$3,544	—
Sales tax (HST)	✓ $6,831	$6,961	Silverado 1500 by $130
Drive-away price	✓ $59,373	$60,503	Silverado 1500 by $1,130
Running costs, 6 years
Fuel or charging	✓ $23,603	$23,938	Silverado 1500 by $335
Insurance (estimate)	$12,670	✓ $12,604	Sierra 1500 by $66
Maintenance (estimate)	✓ $7,939	$8,250	Silverado 1500 by $311
Loan rate	6.5%	6.5%	—
Loan interest	✓ $11,435	$11,673	Silverado 1500 by $238
Lost return on your money	✓ $12,191	$12,409	Silverado 1500 by $218
Resale after 6 yrs	−$25,125	✓ −$25,923	Sierra 1500 by $798
Total
True cost	✓ $102,177	$103,544	Silverado 1500 by $1,367
True cost a month	✓ $1,419/mo	$1,438/mo	Silverado 1500 by $19
You pay each month	✓ $1,529/mo	$1,556/mo	Silverado 1500 by $27
Practical
Fuel type	Gas	Gas	—
Seats	3	3	—
Carry-ons, 2 people	Open bed	Open bed	—
Towing, lb	✓ 9,100	9,000	—
Built in Canada	Oshawa, ON	—	—
Cargo behind row 2, litres	Not published	Not published	—
Resale % after 6 yrs	51%	✓ 52%	—
US crash test	5★	5★	—

Price

Sticker (MSRP)

Silverado 1500 WT 2WD ✓ $48,999Sierra 1500 Pro 2WD $49,999Cheaper by Silverado 1500 by $1,000

Freight and fees, before tax

Silverado 1500 WT 2WD $3,544Sierra 1500 Pro 2WD $3,544Cheaper by —

Sales tax (HST)

Silverado 1500 WT 2WD ✓ $6,831Sierra 1500 Pro 2WD $6,961Cheaper by Silverado 1500 by $130

Drive-away price

Silverado 1500 WT 2WD ✓ $59,373Sierra 1500 Pro 2WD $60,503Cheaper by Silverado 1500 by $1,130

Running costs, 6 years

Fuel or charging

Silverado 1500 WT 2WD ✓ $23,603Sierra 1500 Pro 2WD $23,938Cheaper by Silverado 1500 by $335

Insurance (estimate)

Silverado 1500 WT 2WD $12,670Sierra 1500 Pro 2WD ✓ $12,604Cheaper by Sierra 1500 by $66

Maintenance (estimate)

Silverado 1500 WT 2WD ✓ $7,939Sierra 1500 Pro 2WD $8,250Cheaper by Silverado 1500 by $311

Loan rate

Silverado 1500 WT 2WD 6.5%Sierra 1500 Pro 2WD 6.5%Cheaper by —

Loan interest

Silverado 1500 WT 2WD ✓ $11,435Sierra 1500 Pro 2WD $11,673Cheaper by Silverado 1500 by $238

Lost return on your money

Silverado 1500 WT 2WD ✓ $12,191Sierra 1500 Pro 2WD $12,409Cheaper by Silverado 1500 by $218

Resale after 6 yrs

Silverado 1500 WT 2WD −$25,125Sierra 1500 Pro 2WD ✓ −$25,923Cheaper by Sierra 1500 by $798

Total

True cost

Silverado 1500 WT 2WD ✓ $102,177Sierra 1500 Pro 2WD $103,544Cheaper by Silverado 1500 by $1,367

True cost a month

Silverado 1500 WT 2WD ✓ $1,419/moSierra 1500 Pro 2WD $1,438/moCheaper by Silverado 1500 by $19

You pay each month

Silverado 1500 WT 2WD ✓ $1,529/moSierra 1500 Pro 2WD $1,556/moCheaper by Silverado 1500 by $27

Practical

Fuel type

Silverado 1500 WT 2WD GasSierra 1500 Pro 2WD GasCheaper by —

Seats

Silverado 1500 WT 2WD 3Sierra 1500 Pro 2WD 3Cheaper by —

Carry-ons, 2 people

Silverado 1500 WT 2WD Open bedSierra 1500 Pro 2WD Open bedCheaper by —

Towing, lb

Silverado 1500 WT 2WD ✓ 9,100Sierra 1500 Pro 2WD 9,000Cheaper by —

Built in Canada

Silverado 1500 WT 2WD Oshawa, ONSierra 1500 Pro 2WD —Cheaper by —

Cargo behind row 2, litres

Silverado 1500 WT 2WD Not publishedSierra 1500 Pro 2WD Not publishedCheaper by —

Resale % after 6 yrs

Silverado 1500 WT 2WD 51%Sierra 1500 Pro 2WD ✓ 52%Cheaper by —

US crash test

Silverado 1500 WT 2WD 5★Sierra 1500 Pro 2WD 5★Cheaper by —

✓ marks the better figure. Resale for both is from their own used prices (unless you lease). Their stickers differ by $1,000.