2024 GMC Sierra 1500 AT4True Cost of Ownership in Canada
420 hp NA V8. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$67K
Base: $60K
Annual Total
$20K
Insurance + fuel + maintenance
Import Duty
$4K
6.1% of base price
VAT
$3K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$165K
Purchase + 5yr running costs
2024 GMC Sierra 1500 AT4 — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $60K |
| Import Duty (6.1%) | $4K |
| VAT / Sales Tax (5%) | $3K |
| Total Purchase Price | $67K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $1K |
| Annual Maintenance | $2K |
| Annual Depreciation | $13K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $20K |
| 5-Year Total Cost of Ownership | $165K |
| Cost Per Kilometer | $1.309 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
GMC Sierra 1500 AT4 Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,440
USD equivalent
Monthly Fuel Cost
$120
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$9.60
8L × C$1.20
GMC Sierra 1500 AT4 Depreciation Curve
The GMC Sierra 1500 AT4 loses approximately $32K (54%) of its value over 5 years.
Year-by-Year Value
| New | $60K | 100% |
| Year 1 | $47K | 78% |
| Year 2 | $40K | 67% |
| Year 3 | $35K | 58% |
| Year 4 | $31K | 51% |
| Year 5 | $28K | 46% |
Depreciation based on mid-range segment averages.
GMC Sierra 1500 AT4 vs. Competitors in Canada
How does the GMC Sierra 1500 AT4 compare to similar cars available in Canada?
GMC
Sierra 1500 AT4
Base Price
$60K
Annual Cost in Canada
$20K
Toyota
Camry
Base Price
$28K
Annual Cost in Canada
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Canada
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in Canada
$7K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Expensive for Canada
Annual car costs = 41% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
GMC Sierra 1500 AT4 in Canada — Frequently Asked Questions
Common questions about owning a GMC Sierra 1500 AT4 in Canada.
The 2024 GMC Sierra 1500 AT4 has a base price of $60,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $66,843 USD (C$66,843 CAD).