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2008 GMC Sierra 3500 HD Extended Cab SLE 2WD DRW

2008 GMC Sierra 3500 HD Extended Cab SLE 2WD DRW2007 3500 4WD DWD SLT Model Shown
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PRICING DETAILS

Invoice: $29,943

Retail: $32,725

Target Price: $30,199

COST OF OWNERSHIP: $46,416

VALUE RATING

EXPLAIN THIS
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Cost of Ownership

Depreciation $16,071
Financing $4,615
Insurance $6,473
State Fees $452
Fuel $16,764
Maintenance (Detailed Breakdown)$1,521
Repair $532
Gas Guzzler Tax TBD
Hybrid Tax Credit N/A
Total 5-Year Ownership Costs $46,416
INTELLICHOICE VALUE RATING
Vehicle Class Full-Size Pickup 2WD One Ton
Total 5-Year Ownership Costs $46,416
5-Year Cost of Ownership for Similar Vehicles $49,696
Difference in Cost of Ownership -$3,280
Overall Value Rating: Model Line Above Average
Overall Value Rating: This Vehicle Excellent

Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs can save you money and help you make a wiser financial decision when it comes time to select a vehicle.

Regardless of the "value" claims that you may read in car reviews or hear in ads, a vehicle's economic value is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is "what you pay" and the ownership costs are "what you get." The less you pay for what you get the better off you are.

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.

IntelliChoice releases its final analysis for the current model year, annually each January. For additional comparative information you may wish to review the other Full-Size Pickup 2WD One Ton category winners for this year. The ownership costs for early release new model year vehicles is estimated, with ratings and Best Overall Value winners not available until complete data can be compiled.

IntelliChoice also updates the Best Deals results each month in order to capture the many expiring rebates and ongoing programs, current pricing, and market conditions, giving the consumer the most up-to-date data analysis.