How much does a 2020 Chevy Silverado 2500 cost?
The 2020 Chevy Silverado 2500 is a powerful and capable full-size pickup truck that starts at a base price of around $35,000. However, the final cost can vary significantly depending on the specific trim level, engine, and optional features selected. In this article, we'll provide a detailed breakdown of the 2020 Silverado 2500's pricing and cost considerations.
Base Pricing and Trim Levels
The 2020 Chevy Silverado 2500 is available in several trim levels, each with its own starting price:
- Work Truck (WT): Starting at $35,000
- Custom: Starting at $39,000
- LT: Starting at $42,000
- LTZ: Starting at $49,000
- High Country: Starting at $54,000
These base prices are for the standard rear-wheel-drive (RWD) configuration. Upgrading to four-wheel-drive (4WD) will add an additional $3,000 to $5,000 to the base price, depending on the trim level.
Engine and Powertrain Options
The 2020 Silverado 2500 offers a choice of two powerful engine options:
- 6.6L V8 gasoline engine: Produces 401 horsepower and 464 lb-ft of torque. This is the standard engine on most trim levels.
- 6.6L V8 Duramax diesel engine: Produces 445 horsepower and 910 lb-ft of torque. This engine is available as an optional upgrade, typically adding $9,500 to the base price.
Both engines are paired with a 6-speed automatic transmission, with the diesel engine also offering an optional 10-speed automatic transmission.
Popular Optional Features and Packages
In addition to the base trim levels and engine choices, the 2020 Silverado 2500 offers a wide range of optional features and packages that can significantly impact the final cost:
- Towing Package: Adds $650 to $1,200 to the base price, depending on the trim level.
- Technology Package: Includes features like a 360-degree camera, adaptive cruise control, and more. Adds $1,000 to $2,500 to the base price.
- Premium Interior Package: Upgrades the interior with premium materials and features. Adds $1,500 to $3,000 to the base price.
- Bed Utility Package: Adds features like a power tailgate, bed step, and more. Adds $500 to $1,000 to the base price.
The final cost of a 2020 Chevy Silverado 2500 can vary widely, from around $35,000 for a base Work Truck model to over $60,000 for a fully-loaded High Country trim with all the available options and packages.
What year to stay away from a Chevy 2500?
Years to generally stay away from a Chevy 2500 include 2003-2006 due to electrical issues and rust, 2014-2017 for transmission, suspension, and HVAC problems, and specific models like the 2007 and 2012 for engine and brake issues, according to sources like CarGurus, MotorBiscuit, and Camera Source. The specific problems vary by model year, but common complaints across these years include transmission failures, electrical gremlins, and rust.
Years to avoid
- 2003-2006: These models are frequently cited for electrical problems, build quality issues, rust, and transmission troubles.
- 2007: This model year is often noted for engine and transmission issues, as well as excessive oil consumption.
- 2012: Reported to have issues with the engine and transmission, leading to high ownership costs.
- 2014-2015: These early years of a new generation are known for having numerous recalls and complaints about the transmission, air conditioning, and other electrical systems.
- 2017: This model year is frequently singled out for significant transmission problems, including rough shifting and poor performance.
How much is a 2020 Chevy Silverado 2500 worth?
A 2020 Chevrolet Silverado 2500 HD Crew Cab has depreciated $13,370 or 33% in the last 3 years and has a current resale value of $26,682 and trade-in value of $25,033. Login or create a new account to see your vehicle depreciation forecast data. Compare up to 3 vehicles by logging in.
How much should I pay for a 2020 Silverado?
2020 Chevrolet Silverado 1500 Crew Cab Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| Custom Pickup 4D 5 3/4 ft | $41,895 | $26,892 |
| Custom Pickup 4D 6 1/2 ft | $42,195 | $27,555 |
| LT Pickup 4D 6 1/2 ft | $42,890 | $27,481 |
| Custom Trail Boss Pickup 4D 5 3/4 ft | $43,695 | $29,794 |
What is the trade-in value of a 2020 Chevy 2500?
A 2020 Chevrolet Silverado 2500 HD Crew Cab LT Pickup 4D 8 ft has depreciated $13,311 or 26% in the last 3 years and has a current resale value of $36,536 and trade-in value of $34,825.
