How much will the 2024 Silverado EV cost?
The 2024 Chevrolet Silverado EV is one of the most anticipated electric trucks of the year, combining Chevrolet's trusted Silverado nameplate with cutting-edge electric vehicle (EV) technology. If you're considering making the switch to an electric truck, understanding the pricing is a crucial first step. Here's a detailed breakdown of what you can expect to pay for the 2024 Silverado EV.
Base Model Pricing
The starting price for the 2024 Silverado EV is expected to be around $39,900 for the base model, known as the WT (Work Truck). This model is designed with fleet customers and budget-conscious buyers in mind, offering essential features and a competitive range for its price point. Keep in mind that this price does not include destination charges, taxes, or additional fees.
Higher Trim Levels and Features
For those looking for more luxury, advanced features, or extended range, Chevrolet offers higher trim levels of the Silverado EV. These trims include the RST First Edition, which is packed with premium features such as a larger battery for extended range, advanced driver-assistance systems, and a more refined interior. The RST First Edition is priced at approximately $105,000.
Here’s a quick breakdown of the expected pricing tiers:
- WT (Work Truck): Starting at $39,900
- RST First Edition: Starting at $105,000
Factors That May Affect Pricing
While the base and trim-level prices provide a general idea, several factors can influence the final cost of your Silverado EV:
- Optional Features: Adding features like upgraded wheels, towing packages, or enhanced infotainment systems can increase the price.
- Battery Range: Models with extended battery ranges typically cost more.
- State and Federal Incentives: Depending on where you live, you may qualify for EV tax credits or rebates, which can significantly reduce the overall cost.
- Dealer Markups: High demand for the Silverado EV may lead to dealer markups, especially in the early stages of its release.
Conclusion
The 2024 Silverado EV offers a wide range of pricing options to suit different needs and budgets, starting at $39,900 for the base WT model and going up to $105,000 for the premium RST First Edition. Whether you're looking for a practical work truck or a high-end electric vehicle with all the bells and whistles, the Silverado EV has something to offer. Be sure to consider additional costs like optional features and incentives when planning your purchase.
Frequently Asked Questions
What is the $7500 Ultium promise bonus?
Chevrolet recently sent a bulletin to dealers on July 18, 2024, outlining how some versions of the new Silverado EV are eligible for the automaker's $7,500 GM Ultium Promise incentive. The incentive provides shoppers with a rebate of $7,500 on specific Silverado EV models that are ineligible for the federal tax credit.
What is the range of the 2024 Silverado EV?
With 440 miles of GM-estimated range, the Chevrolet Silverado EV RST has more standard range than any competitor.* Plus, this electric truck has plenty of charging options, so you can keep your battery full wherever the day might take you.
How much is the Silverado EV going to cost?
The price of the 2025 Chevrolet Silverado EV starts at $58,995 and goes up to $97,895 depending on the trim and options.
Can you charge Silverado EV at a Tesla supercharger?
The agreement makes approximately 17,800 Tesla Superchargers available to drivers of GM vehicles such as Chevy Bolt and Silverado EV, using a USD 225 adapter.
How much will the 2024 Chevy Silverado cost?
The price of the 2024 Chevrolet Silverado 1500 starts at $37,345 and goes up to $64,595 depending on the trim and options.
How much will the electric truck cost in 2024?
Electric Truck Features and Prices
| Year | Make | Starting Price |
|---|---|---|
| 2024 | Tesla | $80,240 |
| 2024 | Chevrolet | $96,495 |
| 2024 | GMC | $99,495 |
| 2025 | RAM | N/A |
Can you write off a Chevy Silverado?
YOUR TAX DOLLARS AT WORK
† For 100 years, Chevy has helped business owners do what it takes to get the job done. Under new tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying Chevy vehicles purchased in 2023 for business use.
What is the life expectancy of an electric truck?
Contrary to popular belief, electric cars can last just as long, if not longer, than traditional vehicles. Most EVs can achieve 100,000 to 200,000 miles, or a life span of 10 to 20 years, before needing significant battery replacements, depending on driving habits and maintenance.
What is the tax credit for the 2024 Chevy Silverado EV?
Federal Income Tax Credits for Electric Vehicles
Individuals, businesses and tax-exempt organizations that purchase a qualifying electric vehicle may qualify for a federal Clean Vehicle or Commercial Clean Vehicle income tax credit of up to $7,500 * for vehicles placed in service in a trade or business during 2024.
How many Silverado EVs have been sold?
For the Silverado EV Chevy sold 2,176 in Q4 and 7,428 in 2024.
