Automotive insight firm Vincentric has deemed the Chevy Silverado has the lowest total cost of ownership of any full-size in the U.S. retail market. The acknowledgement takes into account the Silverado’s lowest combined ownership costs — including such items as cost of depreciation, insurance, financing, repairs, fuel, as well as fuel and maintenance.
“For several years running, the Silverado has performed well in our analysis,” said David Wurster, president of Vincentric. “With low depreciation, maintenance and fuel costs, it’s no wonder why the Silverado leads the segment with the lowest cost of ownership.”
The GM Authority Take
While the Vincentric study doesn’t take into account other important factors, such as technology availability, it’s still a feather in Chevy’s hat. However, we’re always dubious about the studies that only include the Silverado and not its GMC twin — the Sierra. So take it as it is.
As for us, we’ll wait for the 2014 Silverado.