Sierra 1500
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2020 GMC Sierra 1500

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16 city / 21 hwy

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2020 GMC Sierra 1500
$399 / month
$430 / month
Based on 60% Residual Value : 12,000 Annual Miles
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00209 for 36 month lease
Incentives that help lower the selling price of a vehicle.
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Buying Tips

What you must know before buying the GMC Sierra 1500

John Diether
Automotive Editor - October 8, 2019
  • 2019 Sierra 1500 plentiful; 2020s arriving
  • Up to 20% off 2019s; $4,500 rebate on 2020s
  • Lease a 2020 from $359 for 39 months
  • 0% APR for 72 months + up to $1,500 bonus on 2019s

Hearty selection:

The new-for-2019 Sierra 1500 remains in robust supply across the country. Crew Cab models are easiest to find and most likely to be discounted. On the other hand, locating a Regular Cab may take some patience. The line-topping Denali isn't usually discounted at all by dealers.

The old-style Sierra 1500 continues for 2019 with fewer trim choices as the Sierra 1500 Limited (covered in a separate entry).

The carryover 2020 Sierra 1500 started arriving at dealers last month. Supplies will firm up over the next few months. A carbon fiber bed is now available on Denali and AT4 models.

Current factory offers will remain in effect through October 31, 2019 and are available nationally unless otherwise noted.

Huge savings await:

GMC now offers 18% off the MSRP of 2019 Sierra SLE Double Cab and SLE Crew Cab models. For current GM customers, the discount increases to 20%. The discount on the 2019 SLT Crew is a straight 15%.

These offers translate into huge savings on a vehicle of this price.

As for the 2020 Sierra 1500, the Double Cab (with 2.7-liter engine) comes with a $4,500 rebate for all buyers. There's no cash offers on the other configurations this month.

Go newer on a lease:

As is sometimes the case during model transitions, lease offers on the 2020 Sierra are actually better than the 2019 offers.

You can now lease a 2020 SLE Double Cab 4x2 from $359 for 39 months (10,000 miles a year) with $3,279 due at signing. The effective monthly cost works out to $443, a very good value for a truck of this price.

0% APR+ cash:

Instead of the cash offers on a 2019 Sierra, you can get 0% financing for 72 months on the SLE Crew and SLT Crew. The deal comes with $1,500 bonus cash on the SLE only.

There are no APR promos yet on the 2020 Sierra 1500.

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Advertised Lease Deals

SLE Double Cab 4x2
$359Monthly Payment
Term Length (months): 39
Due at signing: $3,279
Mileage: 10k
MSRP: $39,395
Deal Valid in: California
Expiration: 10/31/19

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

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CarsDirectPricing as of 10/15/19 in 20149
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Promotional APR Offer Promotional APR programs available for qualified buyers. Please check with your CarsDirect Trusted Dealer for complete details.
Term(s)12 - 72
Rate %3.8%
Hurry! Offer expires

Leases For Similar Cars

Based on 2020 GMC Sierra 1500 - Base 4x2 Regular Cab 8 ft. box 139.6 in. WB - $31,195 MSRP

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