Chevrolet Silverado EV vs GMC Sierra EV: cost to own

Verdict, over 6 years

The Chevrolet Silverado EV costs about $21,434 less

That's $298 a month. Closest matching trims: same fuel and drive where possible.

Silverado EV Work Truck Standard Range✓ $1,560/moTrue cost

Sierra EV Standard Range Elevation$1,858/moTrue cost

2026 Chevrolet Silverado EV

Closest matching trim: Silverado EV Work Truck Standard Range

Sticker (MSRP)$64,999

+$12,567→↓Freight, fees, HST

Drive away$77,566

+ running costs→↓− $22,476 resale

True cost$1,560/moA month to own, after resale

2026 GMC Sierra EV

Closest matching trim: Sierra EV Standard Range Elevation

Sticker (MSRP)$80,999

+$14,647→↓Freight, fees, HST

Drive away$95,646

+ running costs→↓− $28,008 resale

True cost$1,858/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $64,999	$80,999	Silverado EV by $16,000
Freight and fees, before tax	$3,644	$3,644	—
Sales tax (HST)	✓ $8,924	$11,004	Silverado EV by $2,080
Drive-away price	✓ $77,566	$95,646	Silverado EV by $18,080
Running costs, 6 years
Fuel or charging	✓ $4,994	$5,179	Silverado EV by $185
Insurance (estimate)	✓ $14,451	$15,507	Silverado EV by $1,056
Maintenance (estimate)	✓ $6,734	$7,089	Silverado EV by $355
Loan rate	6.5%	6.5%	—
Loan interest	✓ $15,262	$19,064	Silverado EV by $3,802
Lost return on your money	✓ $15,700	$19,189	Silverado EV by $3,489
Resale after 6 yrs	−$22,476	✓ −$28,008	Sierra EV by $5,532
Total
True cost	✓ $112,323	$133,757	Silverado EV by $21,434
True cost a month	✓ $1,560/mo	$1,858/mo	Silverado EV by $298
You pay each month	✓ $1,585/mo	$1,911/mo	Silverado EV by $326
Practical
Fuel type	Electric	Electric	—
Seats	5	5	—
Carry-ons, 2 people	Open bed	Open bed	—
Towing, lb	8,500	✓ 12,500	—
Cargo behind row 2, litres	Not published	Not published	—
Range, km (winter about 70%)	✓ 460 (322)	455 (319)	—
Length	5.92 m	5.93 m	—
Ground clearance	21 cm	21 cm	—
Resale % after 6 yrs	35%	35%	—
US crash test	5★	5★	—

Price

Sticker (MSRP)

Silverado EV Work Truck Standard Range ✓ $64,999Sierra EV Standard Range Elevation $80,999Cheaper by Silverado EV by $16,000

Freight and fees, before tax

Silverado EV Work Truck Standard Range $3,644Sierra EV Standard Range Elevation $3,644Cheaper by —

Sales tax (HST)

Silverado EV Work Truck Standard Range ✓ $8,924Sierra EV Standard Range Elevation $11,004Cheaper by Silverado EV by $2,080

Drive-away price

Silverado EV Work Truck Standard Range ✓ $77,566Sierra EV Standard Range Elevation $95,646Cheaper by Silverado EV by $18,080

Running costs, 6 years

Fuel or charging

Silverado EV Work Truck Standard Range ✓ $4,994Sierra EV Standard Range Elevation $5,179Cheaper by Silverado EV by $185

Insurance (estimate)

Silverado EV Work Truck Standard Range ✓ $14,451Sierra EV Standard Range Elevation $15,507Cheaper by Silverado EV by $1,056

Maintenance (estimate)

Silverado EV Work Truck Standard Range ✓ $6,734Sierra EV Standard Range Elevation $7,089Cheaper by Silverado EV by $355

Loan rate

Silverado EV Work Truck Standard Range 6.5%Sierra EV Standard Range Elevation 6.5%Cheaper by —

Loan interest

Silverado EV Work Truck Standard Range ✓ $15,262Sierra EV Standard Range Elevation $19,064Cheaper by Silverado EV by $3,802

Lost return on your money

Silverado EV Work Truck Standard Range ✓ $15,700Sierra EV Standard Range Elevation $19,189Cheaper by Silverado EV by $3,489

Resale after 6 yrs

Silverado EV Work Truck Standard Range −$22,476Sierra EV Standard Range Elevation ✓ −$28,008Cheaper by Sierra EV by $5,532

Total

True cost

Silverado EV Work Truck Standard Range ✓ $112,323Sierra EV Standard Range Elevation $133,757Cheaper by Silverado EV by $21,434

True cost a month

Silverado EV Work Truck Standard Range ✓ $1,560/moSierra EV Standard Range Elevation $1,858/moCheaper by Silverado EV by $298

You pay each month

Silverado EV Work Truck Standard Range ✓ $1,585/moSierra EV Standard Range Elevation $1,911/moCheaper by Silverado EV by $326

Practical

Fuel type

Silverado EV Work Truck Standard Range ElectricSierra EV Standard Range Elevation ElectricCheaper by —

Seats

Silverado EV Work Truck Standard Range 5Sierra EV Standard Range Elevation 5Cheaper by —

Carry-ons, 2 people

Silverado EV Work Truck Standard Range Open bedSierra EV Standard Range Elevation Open bedCheaper by —

Towing, lb

Silverado EV Work Truck Standard Range 8,500Sierra EV Standard Range Elevation ✓ 12,500Cheaper by —

Cargo behind row 2, litres

Silverado EV Work Truck Standard Range Not publishedSierra EV Standard Range Elevation Not publishedCheaper by —

Range, km (winter about 70%)

Silverado EV Work Truck Standard Range ✓ 460 (322)Sierra EV Standard Range Elevation 455 (319)Cheaper by —

Length

Silverado EV Work Truck Standard Range 5.92 mSierra EV Standard Range Elevation 5.93 mCheaper by —

Ground clearance

Silverado EV Work Truck Standard Range 21 cmSierra EV Standard Range Elevation 21 cmCheaper by —

Resale % after 6 yrs

Silverado EV Work Truck Standard Range 35%Sierra EV Standard Range Elevation 35%Cheaper by —

US crash test

Silverado EV Work Truck Standard Range 5★Sierra EV Standard Range Elevation 5★Cheaper by —

✓ marks the better figure. Resale for both is typical for their type and brand (unless you lease). Their stickers differ by $16,000.