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ggbaird



Posts : 1925
Join date : 2013-02-27

PostSubject: Silverado Cheapest Truck   March 27th 2014, 2:02 pm

how The 2014 Chevrolet Silverado Is The Cheapest New Truck To Own



Quote :
It's a bold claim, to be sure. But established automotive analysis outfits concur that the 2014 Chevrolet Silverado will have the lowest "ownership cost" of any new truck you can buy in America, almost any way you crunch the numbers.

Vincentric, which provides analysis for several valuation firms including NADA Guides, announced Chevrolet is the "Best Value Truck Brand in America." So what does that mean?

They tabulate depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost (loss of interest earnings that could be earned with the funds spent on a new vehicle), and estimated repairs. They then approve their "the Best Value in America" award by comparing those measures with a vehicle's market price.

But Vincentric isn't the only data farming game in town, so who agrees with them?

Kelley Blue Book compiles state fees, insurance, repairs, maintenance, financing, and deprecation to spit back their own 5-year ownership cost report. And it's a pretty one, too! They assume 15,000 miles per year and a 2.65% APR over a 60 month loan with a $4,381.40 down payment.

Their "best in class" display for full-size half ton trucks had GM pretty much running the board:



Here's where work trucks from other brands land on their scale:



Bottom-trim trucks are fine for fleet and business buyers, but what about the fancier stuff you're more apt to actually want to spend time in? Silverado is still the leanest in four-door upper trim pickups:



Based on what the more reputable brands in automotive market analysis are saying, the 2014 Silverado is the cheapest truck on the market right now for buyers who will run it for the next five years.

More info and charts here... Truck Yeah
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