2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

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Thread: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

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    2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut


    he price reduction also applies to remaining 2020MY stock.
    Price cuts with the model year change are few and far between, so we’re happy to report General Motors is taking $1,500 off two of its diesel-fueled workhorses. We’re talking about the Chevy Silverado 1500 and GMC Sierra 1500 equipped with the 3.0-liter Duramax inline-six engine rated at 277 horsepower and 460 pound-feet (624 Newton-meters) of torque.

    Each and every trim level gets the substantial price cut for the 2021 model year, according to Muscle Cars and Trucks. In addition, customers get to enjoy the same discount for the remaining 2020MY stock. To make their trucks more desirable, GM is expected to implement towing upgrades for both the Silverado and Sierra for the versions equipped with the diesel and the 2.7-liter gasoline engine.

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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Just as I predicted.

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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Quote Originally Posted by Pisswilly View Post
    Just as I predicted.
    The volume is there

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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Quote Originally Posted by mbukukanyau View Post
    The volume is there
    Diesel 1/2 ton is a Dead Man Walking. The Baby Max, was just Late to the Party again.

    Be it Emissions, Be it up front cost, be it Servicing costs. Very few "Normal Driver's" will ever Recapture the extra cost of a Diesel. Even HD's Diesels have lost their charms from Emissions. I have been spec'ing many F550's with a 7.3L Gas. Service Bodies, were idling all day long, used to be a Diesel Benefit, now with Particulate Burn Offs, it is just a pain.

    You would think someone would come up with a Diesel Offering that is both efficient and works. Service Truck don't need 1000 ft/lbs of torque, but they do need to carry close to 20k lbs, and run all day on a gallon of fuel.
    Last edited by InCogKneeToe; 09-16-2020 at 08:13 AM.

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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    I'm shocked that something GM priced is too expensive.
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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Very few "Normal Driver's" will ever Recapture the extra cost of a Diesel
    They hold their resale value better, and the Silverado 3.0T is rated 23/29 in 4x4, vs. 16/22 on the 5.3 4x4. You're doing 'recapturing' on 2 very tangible fronts right there.

    But yes; it will take a number of years to work down the option price. I think it works out as 6 years for the 3.0TD at the OLD price, then figure the $1500 price cut and the lesser depreciation to cut that further.

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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Quote Originally Posted by 09W View Post
    They hold their resale value better, and the Silverado 3.0T is rated 23/29 in 4x4, vs. 16/22 on the 5.3 4x4. You're doing 'recapturing' on 2 very tangible fronts right there.

    But yes; it will take a number of years to work down the option price. I think it works out as 6 years for the 3.0TD at the OLD price, then figure the $1500 price cut and the lesser depreciation to cut that further.
    I'm not sure they been out long enough to boldly say they hold there value better, do you have actual numbers?

    If it cost $3,000 more new, and it is worth $2,500 more when sold, you've actually lost $500 more, if it's worth $3,500 more, you "saved" a whopping $500.

    Diesel is 20% higher around here, I think that is the closest it has been in several years............
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    Re: 2021 Chevy Silverado And GMC Sierra Diesels Get $1,500 Price Cut

    Quote Originally Posted by 09W View Post
    They hold their resale value better, and the Silverado 3.0T is rated 23/29 in 4x4, vs. 16/22 on the 5.3 4x4. You're doing 'recapturing' on 2 very tangible fronts right there.

    But yes; it will take a number of years to work down the option price. I think it works out as 6 years for the 3.0TD at the OLD price, then figure the $1500 price cut and the lesser depreciation to cut that further.
    Quote Originally Posted by Ed753 View Post
    I'm not sure they been out long enough to boldly say they hold there value better, do you have actual numbers?

    If it cost $3,000 more new, and it is worth $2,500 more when sold, you've actually lost $500 more, if it's worth $3,500 more, you "saved" a whopping $500.

    Diesel is 20% higher around here, I think that is the closest it has been in several years............
    A Gas engine Service, is, $50-70 @ the Dealership, a Diesel's Service is $175-250. DEF included. Then after 6 or so years, to recoup initial costs, there is Diesel Techs Premium, and the fact any repairs are $2k+

    Even here in Canada, where Diesel is less than Gas, you would have to drive 350,000km's to recoup the extra costs, if there are no major repairs. Over a 2.7L EcoBoost rated at 13.8 and 10.2 Liters per 100km vs 11.9 and 9.4 Liters per 100km for a 3.0L PowerStroke
    Last edited by InCogKneeToe; 09-18-2020 at 07:59 AM.

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