GMC Sierra 1500: 5-Year Depreciation & Fuel Cost

The two largest vehicle-specific costs of owning a GMC Sierra 1500 over five years. Insurance, maintenance, and repairs depend on you and your location and are not included.

5-year depreciation + fuel

$39,651

Starting from a fair price of about $60,508 for the newest model year.

What's included

Cost5-year estimate
Depreciation$28,540
Fuel$11,111

Assumptions

  • 12,000 miles per year over 5 years.
  • 18.9 combined MPG at a national-average gas price of $3.50 per gallon (an assumption, not a per-vehicle quote).
  • Depreciation extrapolated from this model's cross-sectional value-retention curve.

What's excluded (and why)

This estimate does not include insurance, maintenance, repairs. Those costs vary heavily by driver, location, and coverage, and we have no honest per-vehicle source for them — so we leave them out rather than guess. This figure is therefore not a total cost of ownership.

Depreciation and fuel only — the two largest vehicle-specific ownership costs. Insurance, maintenance, and repairs are excluded · updated 6/20/2026. Estimates only.