Chevrolet
Silverado 1500
2021
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2021 chevrolet silverado-1500
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2021 Chevrolet Silverado 1500

Lease EstimateSee Lease Deals
$372/mo
Finance Estimate
$413/mo
FROM
$28,695
MPG
16 city / 21 hwy

Expert Rating

Not Available

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The monthly payment is based on the price of this vehicle assuming it is financed. If you choose to lease, you can also use the payment calculator to determine your lease terms. Default values for financing include: Term of months, APR of , and Sales Tax of . Default values for leasing include: Term of months, Money Factor of , Residual Value of , and Sales Tax of .

2021 Chevrolet Silverado 1500
Lease
$372 / month
Finance
$413 / month
Based on 62% Residual Value : 12,000 Annual Miles
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00209 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
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Buying Tips

What you must know before buying the Chevrolet Silverado 1500

John Diether
Automotive Editor - October 6, 2020
  • 2021 Silverado 1500 arriving; 2020s in short supply
  • Factory rebate up to $4,500 on 2020s
  • Lease a 2020 Crew Cab from $229 for 24 months
  • See dealers for APR offers

In-between model years:

The carryover 2021 Silverado 1500 has started arriving at dealers across the country. It will take another month or two for supplies to get up to speed. Early next year, the Silverado will gain a Multi-Flex configurable tailgate similar to the MultiPro tailgate currently found on the GMC Sierra.

Factory shutdowns due to COVID-19 last spring have impacted current 2020 Silverado 1500 supplies in a major way. Until the 2021 Silverado is here in full force, selection will be limited. Dealer pricing has moved higher as a result, but factory rebates are still available on 2020s.

The situation today is a complete reversal of what we normally see. Supplies and pricing of the Silverado 1500 are usually quite favorable.

Unless otherwise noted, factory offers are available nationally and will expire November 2, 2020.

Up to $4,500 off:

The 2020 Silverado 1500 Crew now comes with a $4,500 factory rebate for all buyers. Rebates on the other configurations tend to be lower — see your dealer for exact amounts.

There are no cash incentives yet on the incoming 2021 Silverado.

Rock-bottom leasing:

Current lessees of any brand can now lease a 2020 Silverado Custom Crew V6 from $229 for 24 months (10,000 miles a year) with $1,949 due at signing. The effective monthly cost works out to $310, an exceptional value for a truck of this price.

The same 2021 Silverado model starts at $259 a month with $2,109 at signing. The effective monthly cost is $347, which is also exceptional in our analysis.

If you're not currently in a lease, your total cost may be higher, but you can still count on very good value.

APR offers on hold:

Chevy has withdrawn promotional financing on the 2020 Silverado, and there are not yet on the incoming 2021 Silverado. We expect offers to start on the 2020s by early next year. For now, you can probably find attractive rates at the dealer level.

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Advertised Lease Deals

Custom 4x2 Crew Cab V6 (GM/Non-GM Lessees) Excellent Deal
$259Monthly Payment
Term Length (months): 24
Due at signing: $2,109
Mileage: 10k
MSRP: $37,895
Deal Valid in: All Regions
Expiration: 11/2/20

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

Prices vary by style

CarsDirectPricing as of 10/31/20 in 20149
MSRP
$30,195
Sales Price
$30,195
Cash Rebates
$1,500
Target Price
$28,695
Lease Estimate
$372/mo
Finance Estimate
$413/mo

Cash Incentives

Incentive available to most customers and purchasing situations.
RebateAmount
Bonus Cash Consumer Cash Program (Expires 11/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $1,000
Bonus Cash Chevrolet Bonus Cash Program (Expires 11/2/20) Customer Rebate: Customers must take delivery of this vehicle prior to the expiration date to be eligible for this manufacturer rebate. This rebate may not be available on special factory orders or used in conjunction with special manufacturer financing or leasing programs. Other special financing programs may be available. Please check with your CarsDirect Trusted Dealer for complete details. $500

Leasing Incentives

RebateAmount
Lease Bonus Cash Chevrolet Incremental CCR Program (Expires 11/2/20) Bonus cash available for qualified customers leasing a vehicle through the manufacturer's captive finance company on approved credit. Please check with your CarsDirect Trusted Dealer for complete details.%Qualification% This program must be used in conjunction with the GM Financial supported lease program. $500
Lease Conquest Bonus Cash GM Lease Conquest Program (Expires 11/2/20) Lease Conquest Bonus Cash available for customers currently leasing a competing make toward the purchase or lease of a vehicle. May not be compatible with other conquest offers. Please check with your Trusted Dealer Partner for complete details and rules.%NotesManuf% %Eligibility% Eligible Customers who have a current 2015 model year or newer non-GM vehicle and lease one of the eligible new and unused models. $1,500

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Chevrolet Silverado 1500 Work Truck 4x2 Regular Cab 8 ft. box 139.6 in. WB - MSRP $30,195

Top Chevy Deals & Must-Know Advice In October

Chevy continues to offer great incentives for both buying and leasing in October. Sign & Drive leases are no longer available but most offers still remain strong deals. In... View All Chevrolet Lease Deals

2021 Chevrolet Silverado 1500: Model Preview

Justin Cupler
Automotive Editor

Model Preview

The latest Silverado 1500 hit showrooms in 2019, and it’s received a handful of updates since, including the current model’s new 3.0-liter turbodiesel engine. The details on the 2021 Silverado 1500 aren’t fully available yet, but we know it’ll include updates to its towing capacity and safety, a new tailgate, and standard features.

Visually, the new-generation Silverado 1500 gained a bold front end with a large grille, split headlights, strong body lines, and inward kinks on the outer edges of the headlights and taillights. This new look ensures the Silverado stands out in a crowded full-size pickup market.

What we know about the exterior is it’ll receive three new colors – Mosaic Black Metallic, Oxford Brown Metallic, and Cherry Red Tintcoat – and a new six-function Multi-Flex Tailgate. The six functions include standing desk space, several fencelike options that prevent longer items from sliding out when driving with the tailgate open, a lowering center section for easier access to items deep in the bed, and a step. You can activate these three features using the key fob or two buttons on the tailgate.

Inside, the new-generation Silverado 1500 boasts a rugged-looking cabin with plenty of angles and sharp lines. There will be plenty of new standard and available features, including:

- Standard 40/20/40 split-bench seats, steering-wheel-mounted controls, and a 4.2-inch driver info center on the Work Truck and Custom Trail Boss models

- Standard power lock and release tailgate, LED bed lighting, and remote ignition on Custom and Custom Trail Boss models

- The LT and RST models will come standard with the All Star Edition equipment

- Wireless Android Auto and Apple CarPlay will come standard on LTZ and High Country models and will be optional on LT, LT Trail Boss and RST trims


Chevrolet Silverado

We expect the 2021 Silverado to feature the same powertrains as the current model, including the 285-horsepower 4.3-liter V6, 310-hp 2.7-liter turbocharged four-cylinder, 277-hp 3.0-liter turbodiesel six-cylinder, 355-hp 5.3-liter V8, and 420-hp 6.2-liter V8.

What we will see are improved towing capacities in select 2021 Silverado 1500 models. The 2.7-liter-powered Crew Cab Short Bed model will gain 2,500 pounds, putting it at 9,300 pounds. With a Regular Cab and Long Bed, the 2.7-liter Silverado will tow up to 9,600 pounds. The diesel model will see nearly every configuration’s tow capacity jump by 1,900 pounds to 9,500 pounds. The diesel engine will also get a $1,500 price cut in 2021.

Trailering will also get safer with a new trailer-length indicator and a jack-knife alert.

The current Silverado missed being an IIHS Top Safety Pick due to its “Marginal” small-overlap passenger-side test, and we expect this to remain the same in 2021. What will change in the 2021 Silverado will be the standard safety gear, which will include forward-collision warning and automatic emergency braking with pedestrian braking.

Pricing & Release Date

Chevy will kick off production of the 2021 Silverado 1500 in September 2020, and it expects a fall arrival in showrooms.

This full-size pickup will compete with the Ford F-150, RAM 1500, and Toyota Tundra.

Check prices for the 2021 Chevrolet Silverado 1500 »

Pictured: 2021 Chevy Silverado

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