Having been in service for almost 30 years now, the GMC Savana has remained relatively unchanged for the majority of its lifetime. However, this isn’t to say that pricing figures haven’t changed since it went on sale for the 1996 model year, as the average transaction price (ATP) of the Savana rose drastically during Q4 2023.
It’s worth noting that sales of Big Red fell 6.5 percent to 134,296 in Q4 2023, while overall General Motors sales stood at a 0.2 percent gain to 619,684 units.
As a vehicle marketed as a work van, this average transaction price rise isn’t a particularly welcome sight for consumers. Starting prices of the GMC Savana and Chevy Express have simply skyrocketed in the past few years, up more than 20 percent since the 2021 model year.
In addition, the Savana didn’t feature any discounts in October 2023, November 2023, or December 2023 to stimulate sales. However, this was also the case in Q4 2022, so this lack of available incentives doesn’t explain a jump in ATPs as drastic as 23 percent.
As a reminder, the current GMC Savana is offered with the either the standard naturally aspirated 4.3L V6 LV1 gasoline engine, rated at 276 horsepower and 298 pound-feet of torque, or the optional naturally aspirated 6.6L V8 L8T gasoline engine, rated at 401 horsepower and 464 pound-feet of torque.
Gearbox options include two GM eight-speed automatic transmissions.
Under the body panels, the Savana rides on the GMT 610 platform, while production takes place at the GM Wentzville plant in Missouri. Notably, the Savana Cutaway is also produced by Navistar at a separate facility in Ohio.