2024 Chevrolet Silverado 1500 LTZTrue Cost of Ownership in United Kingdom
420 hp NA V8. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.
Purchase Price
$70K
Base: $55K
Annual Total
$20K
Insurance + fuel + maintenance
Import Duty
$4K
6.5% of base price
VAT
$12K
20% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$172K
Purchase + 5yr running costs
2024 Chevrolet Silverado 1500 LTZ — Full Cost Breakdown in United Kingdom
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $55K |
| Import Duty (6.5%) | $4K |
| VAT / Sales Tax (20%) | $12K |
| Total Purchase Price | $70K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $12K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $20K |
| 5-Year Total Cost of Ownership | $172K |
| Cost Per Kilometer | $1.360 |
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 — United Kingdom
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,100
USD equivalent
Monthly Fuel Cost
$175
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$14.00
8L × £1.75
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 United Kingdom
How does the Chevrolet Silverado 1500 LTZ compare to similar cars available in United Kingdom?
Chevrolet
Silverado 1500 LTZ
Base Price
$55K
Annual Cost in United Kingdom
$20K
Toyota
Camry
Base Price
$28K
Annual Cost in United Kingdom
$7K
Honda
Accord
Base Price
$30K
Annual Cost in United Kingdom
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in United Kingdom
$7K
Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.
🇬🇧 Owning a Car in United Kingdom
ULEZ zones add costs in cities.
Expensive for United Kingdom
Annual car costs = 45% of average United Kingdom income ($45K/yr)
Average Annual Income
$45K
In United Kingdom
Fuel Price
£1.75/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
6.5%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Left-hand
Europe
Popular Car Brands in United Kingdom
Chevrolet Silverado 1500 LTZ in United Kingdom — Frequently Asked Questions
Common questions about owning a Chevrolet Silverado 1500 LTZ in United Kingdom.
The 2024 Chevrolet Silverado 1500 LTZ has a base price of $55,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $70,290 USD (£70,290 GBP).
Related Car Cost Pages
Chevrolet Silverado 1500 LTZ in Other Countries
- 🇺🇸Chevrolet Silverado 1500 LTZ in United States
- 🇩🇪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
- 🇸🇪Chevrolet Silverado 1500 LTZ in Sweden
- View all 50 countries →