How Much Does a 2020 Chevy Silverado Actually Cost?

Is your heart set on a brand new 2019 Chevy Silverado? Here's a detailed breakdown of what it's actually going to cost you.

Chevrolet's line of full-size Silverado pickup trucks is a popular choice for a vehicle - but can you afford one? If you buy a brand new 2020 Chevy Silverado truck - how much is it really going to cost you? Which Chevy Silverado is right for you and what can you get for your budget? We were wondering the very same thing, so we've taken the time to dive into Chevrolet's website to find out.

The 2019 Chevrolet Silverado | Photo by Joe Ross

 
 
The price of a 2020 new Chevy Silverado pickup truck is between $28,300 and $80,000+. Most people end up paying somewhere around $40K for a Silverado LD, around $55K for a Silverado 2500HD and around $70K for a Silverado 3500HD. The lower figure reflects an LD (Silverado 1500 equivalent) without any special additions or trims. On the higher end of the spectrum, is a massive Silverado 3500HD loaded with extra features.
 
Where does that put you though?
 
Chevy's website is can be a bit complicated. We know because I've spent hours going through the various Silverado models and the price categories. We'll try and save you some of that time and give you some basic estimates to work with. And assuming you're serious about buying a Silverado, we'll also go into some more detail here about the various options.
 
All set? Let's break down the price of a new 2020 Chevy Silverado!
 
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A general outline of the Silverado price range

 

 
 
 
 
 
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Let's start with a few examples of how much a 2020 Chevy Silverado costs in Michigan (prices do vary by locality) -
  • 2WD Silverado LD WT, with a gas engine, single cab, long box (bed), and no extras will cost you around $28,300
  • 4WD Silverado LD  LT Z71, Texas Edition, with a gas engine, double cab, and standard box (bed) will cost you around $45,550
  • 4WD Silverado 2500HD WT with a gas engine, crew cab, and standard box (bed) will cost you around $42,095
  • 2WD Silverado 2500HD High Country with a gas engine, crew cab, and standard box (bed) will cost you around $57,190
  • 4WD Silverado 2500HD High Country with a diesel engine, crew cab, and standard box (bed) will cost you around $68,985
  • 4WD Silverado 3500HD WT with a diesel engine, crew cab, and long box (bed) will cost you around $53,590
  • 4WD Silverado 3500HD High Country Dually with a diesel engine, crew cab, and long box (bed) will cost you around $69,790
Don't let the description and specs of each truck scare you away. This post is all about explaining what they are and how they affect the price of a Chevrolet Silverado 2020 pickup truck. This is the general outline of what you need to decide on:
  1. Type of Silverado: A light-duty Silverado LD, a stronger 2500HD or the heavy-duty monster that is the Silverado 3500HD?
  2. Drivetrain: A 2-wheel-drive or a 4X4 truck?
  3. Truck configuration: A small, medium or large cab? How about the bed of the truck?
  4. Gas or diesel engine: If you're getting a heavy-duty truck, that's the next decision.
  5. Trim level: How luxurious do you want your Silverado to be?
  6. Any special packages: Going for a certain look or maybe you need stronger towing capabilities? There's a range of packages to choose from.
  7. Customization: You can go beyond the packages and choose your own wheels, color and more.

And since this post is about the price of a 2020 Silverado - the big question is: How much would these choices cost you?

We're going to walk you each of the models, trims, packages, and add-ons to see what makes up the price. By the time we're done, you should be able to walk through the Chevrolet website with ease, make the right choices for you and get the final price, based on your own locality.

What are the Chevy Silverado models?

The very first thing you need to decide is the model of Silverado that you want or need.

The basic models of Chevy's pickup trucks are displayed within separate categories in their  "Build Your Own Chevrolet" page -

Chevy Silverado models

We've highlighted the three 2020 Silverado categories for you there. They are the Silverado LD, Silverado 2500HD and Silverado 3500HD. We will explain the key differences between these models below.

2020 Silverado LD

“LD” stands for light-duty and is the equivalent of the Silverado 1500.

While it is a full-size pickup truck (unlike the midsize Chevy Colorado), this model has the least amount of horsepower of the three. A light-duty truck is usually not a good choice if you need to be hauling or towing heavyweights as both the truck's payload and its towing capacity are limited by the engine size and the overall mechanics of the vehicle.

A Silverado LD could be a great choice if your hauling and towing needs are not very high. If you're looking for a cool Chevy Silverado to drive around town or across the country - this one could be a perfect and very affordable choice.

The 2020 LD is available in only one configuration and it is a Chevy model in its own right. The only cab/box configuration is that of a standard box (bed) and a double cab. We assume that this is what Chevy thinks most buyers of light-duty trucks really need. It means you can carry up to four passengers (in addition to the driver) but with limited legroom in the second row of seats.

So, how much does a 2020 Silverado LD cost?

The cost of the 2020 Silverado LD starts at $28,300 for a 2-wheel drivetrain or $32,900 for the 4WD version. That's before any additions, trims, packages or extras.

2020 Silverado 2500HD

Going one step above the LD brings you to the Silverado 2500HD which you may be familiar with from previous years. This is a more robust pickup truck that belongs in the heavy-duty category (hence the DH after the number). Mind you, it's not the engine specs that put it there but the way the entire truck is built, in terms of axles and suspension.

In terms of configuration, you have a lot more choice here. This is where Chevy trucks begin to come in actual models.

With the Silverado 2500HD, you can choose between the following models, the first one being the most basic and the last one the most luxurious:

  • WT - double cab only.
  • LT - double cab only.
  • LTZ - double or crew cab.
  • High Country - crew cab only.

There are different configurations offered for each model as well as 2WD and 4WD drivetrains. Overall, depending on the exact model, you can get a Silverado 2500HD pickup truck with either a double cab or the larger crew cab, and with a choice of a long or standard box.

How much does a 2020 Silverado LD cost?

With more configuration options, prices vary as well. Here are a few examples.

  • Silverado 2500HD WT with 2WD, standard box and a crew cab - $39,135
  • Same setup but with the LT trim will cost you  - $44,990
  • A 2500HD LTZ model with a crew cab comes with a base price tag of $53,990.
  • The luxury High Country Chevy Silverado 2500HD with a crew cab and a 4WD drivetrain - $60,290

2020 Silverado 3500HD

Finally, this model is the biggest and the most powerful of the Silverado family of pickup trucks. Naturally, it's also the most expensive. It has plenty of space and can carry big loads for big jobs. This is a heavier truck with more horsepower and torque. Of all the Silverados, this one can also be purchased as a dually. (If you're not sure what that is, check out our post about dually pickup trucks here).

Just like the 2500HD, the heavier 3500HD comes in the four aforementioned trims and configurations. There are two main differences in terms of configuration -

  1. All 3500HD Silverados come with a crew cab configuration. All you can choose is whether you want a standard or a long bed.
  2. Your truck can be ordered as a regular single rear wheel truck or as a dually.

So, how much does a Chevy Silverado 3500HD cost?

Quite a lot. And the difference will be a question of the trim, type of drivetrain and whether or not you're going for a dually. Here are a few examples.

  • A Silverado 3500HD WT single wheel rear with 2WD - $41,595
  • A Silverado 3500HD LT dually with 2WD - $47,995
  • A luxury 3500HD High Sierra with a long box, single rear wheel, and 4WD - $69,090

What are the Configuration Options for a Silverado?

 

 
 
 
 
 
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So what with all these packages, configurations, trims and what not? Chevrolet's website has dozens and dozens of boxes for you to check and uncheck and it can get confusing and daunting.

In order to help, we're going to try and explain all about these options so you can see which ones are right for you - and worth the price. Do yourself a favor and read through the following. If you're familiar with pickup trucks in general, and Silverados in particular, you may know some of this already - but not all.

What is the difference between the Double Cab and the Crew Cab?

The main difference between a Double Cab and a Crew Cab is the size. The Double Cab, which is also considered an extended cab, is a little smaller than the Crew Cab. The Double Cab is tighter, and the Crew Cab gives plenty of room for passengers and extra luggage.

How much does a crew cab add to the price?

With the Silverado, it's not that easy to isolate that component. First, keep this in mind. With Silverado LD (the 1500 version) you can only get a double cab. With a Silverado 3500HD, you can only get a crew cab. So, if we want to get the price of a crew cab vs. a double cab, we can only make the comparison within the Silverado 2500HD.

And there, not all trims offer both versions. The cheaper WD trim only comes with a double cab while the fancy High Sierra is only offered with a crew cab. Whew. If that's not enough, not every cab configuration goes with both types of boxes (beds). The bottom line is, we couldn't find a 2020 Chevy Silverado configuration that actually has a double bed vs. crew cab options.

What is the difference between the Long Box size and the Standard Box size?

The Long Box size, which is the bed size, is 8 feet long. The Standard Box is 6’5” long. The Double Cab, Standard Box configuration costs $2,700 more than the Double Cab, Long Box configuration.

What are the drivetrain types?

When you talk about the drivetrain, you're talking about the difference between 2-wheel-drive and a 4-wheel-drive. In a nutshell - will the truck be able to send the power from the engine only to the front wheels or can it allocate power directly to the rear wheels as well?

Why does that matter?

A vehicle that can send power directly to both pairs of wheels - in other words, a 4WD or a 4X4 vehicle - offers better control of movement when the front wheels lose their grasp. The classic situation is when you're driving off-road and the front wheels are in the air, as you're traversing an obstacle. A 2WD vehicle will get stuck in this situation, with the front wheels spinning in the air. A 4WD will use the rear wheels to propel the vehicle forward.

Even if you're not offroading in crazy trails for the fun of it, 4WD can help you drive through sand or mud when going through unpaved roads. It can also offer additional control when driving on snow or ice. If you're not sure whether you need a 4WD, check out my post here: 2WD vs 4WS trucks: Which should you choose?

What's the price difference between a 2WD and a 4WD Silverado?

Chevrolet offers you the choice between 2WD and 4WD in all three classes of Silverado, with the 4X4 being the more expensive option. Here are a few examples of how much you'll need to add to get the 4WD -

Silverado LD 2020 - $3900 ($34,495 vs 39,895)

Silverado 2500HD LT - $3300 ($44,990 vs $48,290)

Silverado 3500HD High Country - $3,200 ($65,890 vs $69,090)

Does the type of engine affect the price?

Chevrolet offers a choice of engines for the Silverado trucks. You have two gas engines to choose from and then there's the Duramax diesel option. Diesel engines are more expensive than gas engines, almost by definition. They're stronger and built to last for longer under harsher conditions.

Diesel engines are stronger and required mostly for heavy-duty trucks. In fact, the 2020 Silverado LD doesn't have a diesel option. It's only available with the 5.3L EcoTec3 V8 engine. Which is a great engine by the way, providing plenty of torque and horsepower. In the 2500HD and 3500HD you can choose between gas and diesel.

So is it worth if adding money for a diesel engine? As with many other things, it depends on your needs and use of the truck. We have an entire post dedicated to the topic here: Diesel vs. Gas trucks - which is best?

How much does adding a diesel engine cost?

If you want to get Chevy's gold standard diesel engine - the Duramax® 6.6L Turbo-Diesel V8 engine - expect to add around $9,ooo added to MSRP.

What is the difference between Single Rear Wheel and Dual Rear Wheel?

Dual wheel drive means there are two tires right next to each other on both sides of a vehicle’s rear. It allows for a smoother ride, especially in rough terrain. Duallies are recommended for heavy towing and hauling because the weight is spread across the surface of six wheels, rather than four.

A single rear drive is the cheaper option that makes driving in a city slightly easier since a single rear drive vehicle will be slightly slimmer. Also, your MPG will be slightly less with single rear drive vehicles. You can read more about duallies here.

How much does a dually Chevy Silverado cost?

The dually option is only available with the Silverado 3500HD line. There, you'll pay an additional $15,000 to switch from a single rear to a dually on a diesel truck. If you get the gas engine option, switching from a single rear wheel to the dually will only cost you about $1000 more in the WD trim level and 4WD option. I'm not even sure why - it's just what Chevy's website shows for that option.

What are trims and which trim levels do Silverado's have?

 

 
 
 
 
 
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Trim levels, or grades, are merely different versions of the same model that have different equipment and features. We've mentioned them throughout this post, but since it's a separate tab in Chevrolet's website, it's worth discussing in further detail.

Trim levels for the 2020 Silverado LD

These are the available trim level for the light-duty Silverado, along with sample prices -

  • WT - $39,895 (MSRP)
  • LT - $44,195 (MSRP)
  • LT Z71 - $45,495 (MSRP)

What is the difference between WT and LT?

WT (Work Truck)

  • Interior features durable vinyl or cloth seats
  • 7-inch color touchscreen.
  • ‘CHEVROLET’ graphic across grill & tailgate
  • Blacked-out trim
  • 17-inch steel wheels for durability

LT (Luxury Touring)

  • Chrome accents on the bumpers, front grille, and mirror caps
  • Chevrolet bowtie in the grill
  • LED reflector headlamps & signature daytime running lamps (DRLs).
  • Interior features an 8-inch color touchscreen
  • Available leather seats.

What is the Chevy Silverado Z71?

The Z71 package is for pickup drivers who want more off-road capability. The Z71 package is only available on the LTZ and LT trims.

The features that come with the Z71 package will give your truck the ability to handle a wide variety of off-road situations with ease.

Here is a list of features that come with the Z71 package:

  • 18” or 20” Wheels
  • All-terrain Tires
  • Brushed Metal Sill Plates – These are visually appealing
  • Underbody Transfer Case Shield
  • Rancho Brand Shocks
  • Hill Descent Control
  • Eaton Heavy-Duty Automatic Locking Rear Differential
  • Recovery Hooks
  • High Capacity Air Cleaner

The Z71 package also comes with a unique Z71 special finish on the interior trim pieces and a cool graphic on the instrument cluster. The Z71 badge can also found on the grille. This will make sure people know that your truck is a fully capable, badass off-road machine.

The 2020 Silverado 2500HD trim levels

The 2500HD comes at four trim levels:

  • WT - $39,895 (MSRP)
  • LT - $45,195 (MSRP)
  • LTZ - $50,995 (MSRP)
  • High Country - $57,195 (MSRP)

What are the differences between LT and LTZ?

Basically, the “Z” in LTZ indicates a better trim level. LT means “luxury truck."

The LTZ trim comes with or has options available for these features:

  • Chrome mirror caps
  • Dual-zone automatic climate control
  • Heated driver and passenger seats
  • Heated steering wheel
  • Driver Personalized Memory
  • Active Noise Cancellation
  • Forward Collision Alert
  • Front and Rear Park Assist
  • Lane Keep Assist
  • Low-Speed Forward Automatic Braking
  • Trailering Package
  • Fog lamps

These features are available as options for the LT trim:

  • Trailering Package
  • Fog lamps

As you can see, the LTZ trim has many more luxury features included with it.

What is included in the High Country trim?

The top trim level for Chevy Silverado trucks is the High Country trim. It comes with a “High Country” tag.

Here is a list of features that come with the High Country trim:

  • Power adjustable pedals
  • Color-keyed carpeted floor mats
  • Brushed metal sill plates
  • Center floor console
  • Bose® sound system
  • LT265/60R20E  Blackwall tires
  • Front and Rear Park Assist
  • Lane Departure Warning
  • Forward Collision Alert
  • Safety Alert Seat
  • Body-color front bumper and rear bumper, with unique chrome grille
  • Black recovery hooks
  • Cargo tie downs (4)
  • Trailer brake controller
  • Chrome assist steps
  • Front full-feature leather-appointed heated and vented bucket seats
  • Heated steering wheel
  • 20" chromed aluminum wheels

So, if you're looking for a luxury ride, the High Country is your truck of choice. How much would it cost you to upgrade a Silverado 2500HD, crew cab with a diesel engine from WT to High Country? An additional $17,495!

2020 Silverado 3500HD

With the 3500HD, we have the same four levels, only here there's the dually option as well.

To get a sense of how much switching from a WT trim to the luxurious High Country trim will cost you, let's check the net price of a crew cab dually with a diesel engine. In the WT trim level, this truck will cost you $54,090. In the High Country trim level, it's going to be $69,790. That's about as high as a Chevy Silverado can cost you, by the way.

Except... we still haven't talked about add-on packages. 

Which add-on packages does Chevrolet offer for Silverados?

 

 
 
 
 
 
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So far we've covered the three classes for a 2020 Silverado, the engine types, drivetrains and trim levels. Chevrolet also offers buyers a variety of add-ons, some of them bundles as attractive packages.

These add-ons vary in type and importance. The packages usually bundle major add-ons, such as remote vehicle starter system, or a trailer brake controller, along with small extras like a different variety of the Chevrolet badge.

Let's give these a quick run through then.

 Packages and add-ons for the 2020 Silverado LD

The 2019 light-duty Silverado comes in special editions. These are on top of the trims, even though some packages may only be available in some trims and not others. Here's a list of the packages and their prices. The price range indicates the difference between the MSRP and the net price.

 Texas Edition - $2,305 -  $1,555

  • Texas Edition badging
  • Dual-zone climate control
  • Remote vehicle starter system
  • Rear-window defogger
  • Manual tilt and telescoping steering column
  • 110-volt power outlet
  • Integrated trailer brake controller
  • LED fog lamps and 18" bright-machined aluminum wheels on LT models

 All Star Edition - $2,305 - $1,555

  • Driver 10-way power seat adjuster
  • Dual-zone climate control
  • Manual tilt and telescopic steering column
  • Remote Vehicle Starter system
  • Rear-window defogger
  • 110-volt power outlet
  • Integrated trailer brake controller
  • LED fog lamps and 18" bright-machined aluminum wheels on LT models

Local Market Package - $4,275

  • 22" 7-spoke Silver wheels with Black inserts
  • 4" round Black tubular assist steps
  • Black molded splash guards
  • Illuminated Black bowtie for front grille (includes non-illuminated Black bowtie for tailgate)

Black Pack - $3,825 -  $3,325

  • 22" 5-spoke high-gloss Black wheels with machined accents
  • 4" round Black tubular assist steps
  • Black bowtie emblems

Chrome Package - $3,295

  • 4" round Chrome tubular assist steps
  • 22" Chrome multi-spoke wheels

 Essentials Package - $1,295

  • 4" round chrome tubular assist steps
  • Soft-folding tonneau cover
  • All-weather floor liners

 Midnight Edition - $1,060

  • Front and rear Black bowtie
  • 18” 5-spoke Black painted alloy wheels
  • 18” Goodyear Wrangler DuraTrac 265/65R18 SL 114S Blackwall MT tires with aggressive tread
  • Large Z71 Badge on Doors
  • Black Front Skid Plate

Protection Package - $385

  • All-weather floor liners
  • Black molded splash guards

Packages and add-ons for the 2020 Silverado 2500HD

Silverado HD Custom - $3,885 -  $2,885

  • 20" polished aluminum wheels
  • Deep-tinted glass
  • 110v outlet
  • Remote Keyless Entry
  • Remote locking tailgate
  • Outside, heated power-adjustable mirrors
  • Trailering equipment
  • Trailer brake controller
  • Spray-on bed liner
  • OnStar1®
  • Chrome door handles
  • Chrome mirror caps

WT Convenience Package - $710

  • Tinted windows
  • 110V AC power outlet
  • Remote Keyless Entry
  • Remote locking tailgate
  • Crew Cab includes Black outside heated, power-adjustable mirrors; Double Cab includes Black outside heated, power-adjustable vertical trailering mirrors

LT Convenience Package - $710

  • Driver 10-way power seat adjuster
  • Dual-zone climate control
  • Remote vehicle starter system
  • Manual tilt and telescoping steering column
  • Rear-window defogger
  • 110V AC power outlet

 Essentials Package - $1,295

  • 4" round chrome tubular assist steps
  • Soft-folding tonneau cover
  • All-weather floor liners

 Protection Package - $385

  • All-weather floor liners
  • Black molded splash guards

2020 Silverado 3500HD

As the strongest Chevy Silverado, the 3500HD offers various "extra heavy-duty" packages. These are intended to make the truck even stronger.

 Duramax® Plus Package - $9,645 -  $8,895 (for diesel engines)

  • Duramax® 6.6L Turbo Diesel V8 engine
  • Allison® 1000 6-speed automatic transmission
  • 3.73 rear axle ratio
  • Engine block heater
  • LTZ Plus Package and Chevrolet Infotainment®1 system with Navigation and 8" diagonal color touch-screen on LTZ models
  • Chrome recovery hooks on High Country models

Snow Plow Package Package - $385

  • Power feed to accommodate a backup and roof emergency light
  • A single 220-amp alternator
  • Forward lamp wiring harness and a provision for a cab roof-mounted lamp or beacon for added visibility
  • Underbody transfer case shield to help protect the transfer case from debris
  • Heavy Duty front springs

Protection Package - $385

  • All-weather floor liners
  • Black molded splash guards

Additions to Your Silverado's Exterior

If you prefer to avoid bundles and go for your own choice of add-ons, you can absolutely do that. In fact, some tweaks and choices won't cost you anything. It's just a way for you to customize your new Chevy Silverado to how you'd like it to look. Keep in mind that some packages cover some of these add-ons. When you order via the Chevrolet website, it will stop you from ordering/paying for the same feature twice.

Let's take a quick look at the separate add-ons and customizations available.

2020 Silverado LD Customizations

Wheels

Your new Chevy Silverado LD can come with your choice of wheels. You can choose between 18" to 22". Wheels come in aluminum, chrome, and more. Some options cost extra money, and some options do not.

  • 18" x 8.5" bright machined aluminum wheels (Standard)
  • 18" x 8.5" 5-spoke Black paint alloy wheels
  • 22" 7-spoke Silver wheels with Black inserts
  • 22" 6-spoke split chrome wheels ($2,995)
  • 22" 6-spoke Black wheels ($2,995)
  • 22" 5-spoke high gloss Black wheels with machined accents
  • 22" Chrome multi-spoke wheels

Tires

 You can choose between three different Blackwall tires for your Chevy Silverado LD.

  • 18" P265/­65R18 all-terrain, Blackwall tires
  • 18" 265/­65R18 Goodyear® Wrangler DuraTrac® Maximum Traction, Blackwall tires
  • 22" P285/­45R22 SL 110H all-terrain, Blackwall tires ($200)

Mechanical Options

The Silverado LD has the least amount of mechanical options of the three models.

  • 6-speed automatic transmission (Standard)
  • 3.42 rear axle ratio
  • Engine block heater ($100)
  • Integrated trailer brake controller ($275)
  • Polished exhaust tip ($140)
  • Cat-Back Performance Exhaust ($1,195)

Exterior Options

The Silverado LD has the least amount of exterior options of the three models.

  • Wheel locks ($75)
  • 6" chromed assist steps ($750)
  • 4" chromed assist steps
  • 4" Black assist steps ($630)
  • Spray-on bed liner
  • Soft-folding tonneau cover ($625)
  • Front and rear Black bowtie emblems ($200)
  • Illuminated Black bowtie emblem ($425)
  • Front and rear Black molded splash guards ($225)
  • Front license plate bracket

2020 Silverado 2500HD

Moving on to the 2500HD, lots of options to choose from here as well. Again, some paid and some not. Here's a breakdown of everything, along with how much it's going to cost you.

Wheels

Your new Chevy Silverado 2500HD can come with your choice of wheels. You can choose between 17" to 20" and aluminum or steel. Some options cost extra money and some options do not.

  • 17" painted steel wheels (Standard)
  • 17" painted steel wheels
  • 17" machined aluminum wheels ($500)
  • 17" machined aluminum wheels
  • 18" painted steel wheels ($295)
  • 18" painted steel wheels
  • 20" 5-spoke polished aluminum wheels Standard
  • 20" 5-spoke polished aluminum wheels
  • 20" polished aluminum wheels with Dark Argent Metallic pockets ($1,895)

Tires

You can choose between five different Blackwall tires for your Chevy Silverado 2500HD.

  • 17" LT245/­75R17E all-season Blackwall tires
  • 17" LT265/­70R17E all-terrain Blackwall tires ($200)
  • 18" LT265/­70R18E all-season Blackwall tires
  • 18" LT265/­70R18E all-terrain Blackwall tires ($200)
  • 20" LT265/­60R20E all-terrain Blackwall tires ($200)

Mechanical Options

These mechanical options can help you transport large loads for many years. They're fairly important with a heavy-duty pickup truck.

  • 6-speed, heavy-duty electronically controlled automatic transmission
  • Allison® 1000 6-speed automatic transmission (Standard)
  • 9500-lb. GVWR1
  • 10,000-lb. GVWR
  • 4.10 rear axle ratio
  • 3.73 rear axle ratio
  • Engine block heater
  • High Idle switch ($200)
  • Auxiliary battery with 730 cold-cranking amps ($135)
  • 220-amp alternator ($150)
  • Dual, 150 amp and 220 amp each, alternators ($380)
  • Gooseneck / 5th Wheel Prep Package ($370)
  • Hitch Package ($295)
  • Trailering wiring provisions for camper, fifth-wheel and gooseneck trailer ($35)
  • Chrome recovery hooks ($250)
  • Trailering Package ($575)
  • Transfer case shield ($150)
  • Movable upper cargo tie-downs ($60)
  • Engine exhaust brake

Exterior Options

The Silverado 2500HD has the second highest number of exterior options of the three models.

  • 17" x 7.5" full-size steel spare wheel
  • 18" x 8" full-size steel spare wheel
  • Wheel locks ($75)
  • 6" chromed assist steps ($775)
  • 6" chromed assist steps
  • 4" chrome assist steps ($685)
  • 4" Black assist steps ($630)
  • 4" Black assist steps
  • Off-road assist steps ($865)
  • Front and rear Black molded splash guards ($225)
  • One-piece cover for the diesel engine ($55)
  • Cargo box LED lighting ($125)
  • Smoked Amber roof marker lamps ($55)
  • Provision for cab roof-mounted lamp beacon ($30)
  • Outside, heated power-adjustable mirrors
  • Outside manual-extending trailer mirrors ($70)
  • Black, Outside, power-adjustable, manual-folding vertical trailering mirrors with Amber running lamps (Requires Package)
  • Deep-tinted glass
  • Front and rear Black bowtie emblems ($220)
  • Illuminated Black bowtie emblem ($425)
  • Gold illuminated front bowtie emblem ($375)
  • Front license plate bracket
  • Chrome door handles
  • Remote Locking Tailgate
  • Tri-fold soft tonneau cover
  • Hard tri-folding tonneau cover ($950)
  • Spray-on bed liner ($495)
  • Bedliner ($355)
  • Rubber bed mat ($150)

2020 Silverado 3500HD

Your new Chevy Silverado 3500 HD is a work horse. It's already built for strength so it actually has a different set of add-ons. x

Wheel

There's only one type of wheels available for this pickup truck (keep in mind, you do have a choice of single rear wheel vs. dually).

  • 17" forged polished aluminum wheels (Standard)

Tires

 You can choose between two different Blackwall tires for your Chevy Silverado 3500HD.

  • 17" LT235/¬80R17E all-season highway Blackwall tires.
  • 17" LT235/¬80R17 all-terrain Blackwall tires ($200)

Mechanical Options

These mechanical options can help you transport a heavy load with ease.

  • 13,025-lb. GVWR
  • Heavy-duty 6-speed electronically-controlled automatic transmission
  • Standard
  • Allison® 1000 6-speed automatic transmission
  • 4.10 rear axle ratio
  • 3.73 rear axle ratio
  • Engine block heater ($100)
  • 730 cold-cranking amps battery ($135)
  • 220-amp alternator ($150)
  • Dual, 150 amps and 220 amps each, alternators ($380)
  • High Idle switch ($200)
  • Gooseneck / 5th Wheel Prep Package ($370)
  • Hitch Package ($295)
  • Trailering wiring provisions for camper, fifth-wheel and gooseneck trailer ($35)
  • Chrome recovery hooks ($250)
  • Transfer case shield ($150)
  • 4-wheel antilock disc brakes (dual rear wheels)
  • Engine exhaust brake

Exterior Options

The Silverado 3500HD has the biggest amount of exterior options of the three models.

  • 17" LT235/­80R17E highway spare tire
  • 17" LT235/­80R17E all-terrain spare tire
  • 17" steel full-size spare wheel
  • Power sunroof ($995)
  • Assist Steps Not Desired or Alternate Step Desired ($750)
  • 4" chrome assist steps ($685)
  • 4" Black assist steps ($630)
  • Off-road assist steps ($865)
  • Front and rear Black molded splash guards ($225)
  • One-piece cover for the diesel engine ($55)
  • Smoked Amber roof marker lamps
  • LED cargo box lighting ($125)
  • Provision for cab roof-mounted lamp beacon ($30)
  • Front license plate bracket
  • Rubber bed mat ($155)
  • Bedliner ($355)
  • Illuminated Black bowtie emblem ($425)
  • Gold illuminated front bowtie emblem ($375)
  • Front and rear Black bowtie emblems ($220)

Does choosing a color cost you extra?

Premium colors cost more, but it depends on the particular color.

Here is a list of the colors offered for Chevrolet Silverado’s:

2020 Silverado LD Colors, including price

Exterior Colors        

  • Red Hot
  • Havana Brown Metallic
  • Silver Ice Metallic
  • Summit White
  • Black
  • Graphite Metallic

 Premium Colors

  • Deep Ocean Blue Metallic ($395)
  • Cajun Red Tintcoat ($495)

Interior Colors

  • Jet Black, Cloth seat trim

2020 Silverado 2500HD Colors, including price

 Exterior Colors

  • Havana Brown Metallic
  • Red Hot
  • Silver Ice Metallic
  • Summit White
  • Mosaic Black Metallic
  • Black
  • Graphite Metallic

 Premium Color

  • Deep Ocean Blue Metallic ($395)

Interior Color

  • Dark Ash with Jet Black Interior Accents, Cloth seat trim

Vinyl

  • Dark Ash with Jet Black Interior Accents, Vinyl seat trim

2020 Silverado 3500HD Colors, including price

 Exterior Color

  • Havana Brown Metallic
  • Summit White
  • Black
  • Graphite Metallic

Premium Colors

  • Deep Ocean Blue Metallic ($395)
  • Cajun Red Tintcoat ($495)
  • Iridescent Pearl Tricoat ($995)

Interior Color

  • Saddle, Perforated leather-appointed seat trim
  • Jet Black/­Medium Ash Gray Piping and Stitching, Perforated leather-appointed seat trim

 Other paid additions to your Chevy truck's interior

Yes, there's more... But honestly, we're nearing the end here. These additions to the truck's interior are the last things you can choose to add to your Silverado.

2020 Silverado LD

Interior Options

  • All-weather floor liner ($200)
  • Underseat storage ($255)

2020 Silverado 2500HD 

Interior Options

  • SiriusXM Radio ($195)
  • Underseat storage ($255)
  • Floor carpeting ($100)
  • All-weather Floor Mats ($180)
  • All-weather floor liner ($200)
  • Rear-window defogger ($225)
  • Upfitter switches ($125)

 Safety Options

  • OnStar® and Chevrolet Connected Services capable ($175)

 2020 Silverado 3500HD

Interior Options

  • Rear Entertainment System with Blu-Ray/­DVD Player ($1,620)
  • Floor console insert ($60)
  • All-weather floor liner ($200)
  • All-weather Floor Mats ($180)
  • Under seat storage ($255)

Don't let these multiple options deter you. Some of these items are in fact included in the high-end trim levels and in some of the packages. You won't be paying twice.

What else can cost you when you buy a new pickup truck?

So far we've discussed the cost of a 2020 Chevy Silverado. We've analyzed pretty much every price aspect there is. You should now have a pretty good idea of how much you'll have to pay at the Chevrolet dealership.

Except...

There are a few more costs associated with buying your new pickup truck. These aren't unique to Chevy, but they're worth bearing in mind because they will affect the final amount you should budget for.

We're just going to mention them here briefly. They vary inherently from state to state and sometimes within states, so this is where you must do your due diligence and very carefully check and compare offers.

Cost of Insurance

According to finder.com, the average insurance cost for a Chevrolet Silverado is $160 per month or $1,920 per year.

Registration Fees

Registration fees vary by state. Each state has their own factors that determine registration fees. They are usually between $50 to $100. In Texas, the base fee is $51.75. We have a detailed post about which states are cheaper to buy a truck at, so you may want to check that out as well.

Financing

We checked multiple websites, and you can get financing for your Chevrolet Silverado that is $500 - $700 per month for 39 months (depending on model and dealership), or $700 - $900 per month for 72 months. If you chose a 39-month option, then you usually have to pay $2000 - $4000 upfront.

Taxes

Sales tax varies by state. Take this into consideration when buying a Silverado. You may want to travel to another state, but that may not be worth your time.

In the end, you will have to register your truck in your state - not where you bought it. Often times, the tax rolls over while you register, so it may or may not be worth your time. Again, check out this post about which state is cheapest to buy a vehicle at for a more detailed analysis.

Shipping Costs (Destination Freight Charges)

Shipping costs, or destination freight charges, are not cheap, but having a Chevrolet Silverado shipped may be a necessity for some people.

Here is a list of destination freight charges for each Chevrolet Silverado model:

2020 Silverado LD

Starting MSRP: $34,500

Plus Destination Freight Charge: $1,495

Total Start Price: $35,995

2020 Silverado 2500HD

Starting MSRP: $37,500

Plus Destination Freight Charge: $1,395

Total Start Price: $38,895

2020 Silverado 3500HD

Starting MSRP: $40,495

Plus Destination Freight Charge: $1,495

Total Start Price: $41,990

A word about prices and discounts

The source of all official Chevrolet prices is the official website. That's where we found all of the numbers below.
That website has two prices displayed for the trucks:
  • MSRP
  • Net Price
MSRP stands for manufacturer's suggested retail price. If you were to buy the truck directly from Chevrolet, that's what they're be asking for.
 
First, this excluded dealer fees. Since you're actually going to get the truck from a dealership, dealers fees shall be paid and need to be accounted for. Obviously, the MSRP also doesn't include taxes, registration fees, and taxes.
 
What the MSRP also doesn't indicate is discounts. Some of these discounts are actually stated on the website itself. Others may be negotiated with the dealership.
 
The website's stated Net Price is determined by location (the zip code you enter) and reflects Destination Freight Charge and local discounts (other than the discount you may be able to further negotiate with the dealer).
 
The net price is usually much higher than the MSRP but not always. In some cases, with local discounts, it may end up being lower.
 
With that in mind, the prices in this post reflect the net price for a locality in Michigan. They're an estimate only - prices in your region may vary. Do enter your own zip code and go through the process yourself to find out your true price of a Chevy Silverado.
 
Then go to the dealership armed with that information and try to negotiate discounts and extras.

In Summary -

Whew! This has been a very long post.

Are you still around? We think you deserve a discount on your new Chevrolet just for that 😉 Unfortunately, we're not really in a position to offer one.

Just keep the bottom line in mind.

The Chevrolet website or your local dealership is where you get the final price quote on the Silverado of your dreams. Hopefully, this post helped you figure out the price structure, as well as give you some idea as to the price range you're going to have to pay - including things like insurance and taxes.

And if you ended up buying a new Silverado, leave us a note and let everyone know how much you ended paying and if there were any hidden fees that we didn't mention here.

And most importantly: Drive safely and enjoy your new Silverado pickup truck!

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One comment

  1. so detailed……and so wrong in so many places, no crew cab on the 1500? not true. Also the LD are leftover 2018’s that are sold as “2019 LD” and are very limitied stock because they are really leftover 2018 models. In the new body style Silverado 1500, which debuted in 20-19 you can get any cab size you like. I have been selling chevys for nearly 5 years.

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