2024 Chevrolet Silverado 1500 LTZTrue Cost of Ownership in New Zealand
420 hp NA V8. Full cost breakdown including import duty (5%), VAT (15%), insurance, fuel at NZ$1.5/L, maintenance, and depreciation.
Purchase Price
$66K
Base: $55K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$3K
5% of base price
VAT
$9K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$157K
Purchase + 5yr running costs
2024 Chevrolet Silverado 1500 LTZ — Full Cost Breakdown in New Zealand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $55K |
| Import Duty (5%) | $3K |
| VAT / Sales Tax (15%) | $9K |
| Total Purchase Price | $66K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $2K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $157K |
| Cost Per Kilometer | $1.207 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Chevrolet Silverado 1500 LTZ Fuel Cost Calculator — New Zealand
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,800
USD equivalent
Monthly Fuel Cost
$150
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$12.00
8L × NZ$1.50
Chevrolet Silverado 1500 LTZ Depreciation Curve
The Chevrolet Silverado 1500 LTZ loses approximately $30K (54%) of its value over 5 years.
Year-by-Year Value
| New | $55K | 100% |
| Year 1 | $43K | 78% |
| Year 2 | $37K | 67% |
| Year 3 | $32K | 58% |
| Year 4 | $28K | 51% |
| Year 5 | $25K | 46% |
Depreciation based on mid-range segment averages.
Chevrolet Silverado 1500 LTZ vs. Competitors in New Zealand
How does the Chevrolet Silverado 1500 LTZ compare to similar cars available in New Zealand?
Chevrolet
Silverado 1500 LTZ
Base Price
$55K
Annual Cost in New Zealand
$18K
Toyota
Camry
Base Price
$28K
Annual Cost in New Zealand
$7K
Honda
Accord
Base Price
$30K
Annual Cost in New Zealand
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in New Zealand
$7K
Annual costs estimated for New Zealand market. Import duty (5%) and VAT (15%) applied to all models.
🇳🇿 Owning a Car in New Zealand
High fuel prices relative to income.
Expensive for New Zealand
Annual car costs = 43% of average New Zealand income ($42K/yr)
Average Annual Income
$42K
In New Zealand
Fuel Price
NZ$1.50/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in New Zealand
Chevrolet Silverado 1500 LTZ in New Zealand — Frequently Asked Questions
Common questions about owning a Chevrolet Silverado 1500 LTZ in New Zealand.
The 2024 Chevrolet Silverado 1500 LTZ has a base price of $55,000 USD. In New Zealand, after 5% import duty and 15% VAT, the total purchase price is approximately $66,413 USD (NZ$66,413 NZD).
Related Car Cost Pages
Chevrolet Silverado 1500 LTZ in Other Countries
- 🇺🇸Chevrolet Silverado 1500 LTZ in United States
- 🇬🇧Chevrolet Silverado 1500 LTZ in United Kingdom
- 🇩🇪Chevrolet Silverado 1500 LTZ in Germany
- 🇫🇷Chevrolet Silverado 1500 LTZ in France
- 🇯🇵Chevrolet Silverado 1500 LTZ in Japan
- 🇦🇺Chevrolet Silverado 1500 LTZ in Australia
- 🇨🇦Chevrolet Silverado 1500 LTZ in Canada
- 🇳🇴Chevrolet Silverado 1500 LTZ in Norway
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