GMC Sierra EV deliveries to customers began this week

[UncleDave]

I plotted my 1K roundtrip modeling my titan and this Silverado GMC and the EV is still cheaper to run than my AWD half ton with a 9500 LB Tow rating getting 15 MPG.

The EV is much cheaper to run Even in California right now than my gas truck of roughly equal capability.

Right now this is really the only viable towing EV.
The GMC version is pretty cool.

 

[SaberOne]

It used to be, when you bought a new car, the dealer only put a few gallons of gas in the tank, and you had to drive to a gas station and fill the tank, at your own expense, at the gas station. Then, a few top service dealers, changed policy and gave you a car with a full gas tank. Especially if it were a higher priced car.

I wonder, when they turn an EV over to you, is the battery fully charged?

I vividly remember my first two cars coming with a full tank from dealerships in San Diego County. My first financed car was a '72 Dodge Dart with a 225 slant six, followed by a '74 Dodge Dart with a 318. Those were the days, and I'd love to go back.

 

[alarmguy]

I'm curious how this works if you get to pick this or a 179 schedule, or both.

Yes, I wondered the same. I can only assume both? If you're referring to a business write-off. Im not up to date on anything, when in business our accountant took care of everything and we signed. (yes I skimmed over it but never took much interest, I know, not advisable for most)

 

[UncleDave]

Yes, I wondered the same. I can only assume both? If you're referring to a business write-off. Im not up to date on anything, when in business our accountant took care of everything and we signed. (yes I skimmed over it but never took much interest, I know, not advisable for most)

I think the new 179 for vehicles is 60/20/20 .
A great guy lets you skim like that and know it's covered.
Sounds like you found a good one.

 

[UncleDave]

I vividly remember my first two cars coming with a full tank from dealerships in San Diego County. My first financed car was a '72 Dodge Dart with a 225 slant six, followed by a '74 Dodge Dart with a 318. Those were the days, and I'd love to go back.

Both fantastic cars in their own rights.
I had a 318 that came a live with just a little nudging pushing a 76 Fury.
God it was ugly, but also great in an inexplicable way.

 

[JeffKeryk]

Did I read Ford was losing 130k on each EV sold? Obviously that will go down over time. I think in 10 years we will be in a much different place. I still think by going for such long range at such a high $$ the automakers made a miscalculation

Start up costs are always high. While true, I believe it is important to also ignore the start up costs to understand the incremental cost per vehicle.
Look at GM, they were losing $10K on every Bolt in 2016; they have steadily improved but still lose over $2K. They hope to be profitable next year.

Tesla lost money for years; they did not have a legacy parent. Tesla was 10 years old before it became profitable in 2020. Of course without selling carbon credits to other companies, they would not have been profitable even then. Now their margins are the envy of the industry, despite the lower margins.

 

[Rand]

Did I read Ford was losing 130k on each EV sold? Obviously that will go down over time. I think in 10 years we will be in a much different place. I still think by going for such long range at such a high $$ the automakers made a miscalculation

The 130k is some sort of accounting scam.
oh we invested 10billion building a line now lets take the cost out of 10000 units.
ETC.
its a true statement but not Real.

 

[CapitalTruck]

The 130k is some sort of accounting scam.
oh we invested 10billion building a line now lets take the cost out of 10000 units.
ETC.
its a true statement but not Real.

Completely agree

 

[E365]

Reviews starting to come out. Kyle from Out of Spec absolutely loves it. Taking about trading in his Rivian for one. Seems people in general are much more excited about this than Silverado EV.

Also mentioned State of Charge’s upcoming charging test video on the newest Silverado EV. It held 350kW through 50%! Insane. No other truck comes anywhere close to that.

 

[demarpaint]

Not a bad looking truck, they'll probably sell OK. It really makes the Cybertruck look like a stainless steel dumpster on wheels, or a HS metal shop project that was graded with a D.

 

[Snagglefoot]

I recall a time when independent craftsmen and trades people drove old trucks to keep costs down but eventually trucks were used as bragging rights, cumulating in diesel duallies and now E trucks. It just lowers the efficiency of the business. A write off just means you don’t pay income tax on the money to purchase the truck, not that the truck is free. By the way, corporate income tax in the USA is already pretty low, so the savings still don’t call for $100,000 vehicles to move trades people around. Most of these trucks will be mall crawlers hauling air. Flame suit on.

 

[E365]

I think the Silverado EV LT trim and Sierra EV Elevation trim is where these will really start to get much more popular. $75k and $79k respectively. With Fed rebate around $68k for LT, even lower with state rebates. Add in gasoline savings and it’ll at least be in the neighborhood of gasoline versions. People can justify them after that.

 

[Torrid]

Reviews starting to come out. Kyle from Out of Spec absolutely loves it. Taking about trading in his Rivian for one. Seems people in general are much more excited about this than Silverado EV.

Also mentioned State of Charge’s upcoming charging test video on the newest Silverado EV. It held 350kW through 50%! Insane. No other truck comes anywhere close to that.

I think it doesn’t hurt that GMC carries a bit more prestige and when it comes to the prices these command, I’m sure the GMC feels just a bit more special.

 

[E365]

GM recently announced their LFP pack plans. The current large volume truck packs will allow them to get 350+ miles from much cheaper LFP packs.

 

[JHZR2]

I think the Silverado and hummer look better than the Sierra.

The removal of the Ultium name, and use of new strategic battery partners (including Chinese CATL type LFP) is interesting.

 

[Boomer]

I am going to go a bit off topic but it is relevant. My VW 2019 Passat has the Budack engine. We just took it on a 600 mile round trip to Delaware and it averaged 42.3 mpg. It seems there are ways the entire ICE fleet could be made very efficient and maybe cut gasoline usage by 30% or more. Thoughts?

 

[Torrid]

I am going to go a bit off topic but it is relevant. My VW 2019 Passat has the Budack engine. We just took it on a 600 mile round trip to Delaware and it averaged 42.3 mpg. It seems there are ways the entire ICE fleet could be made very efficient and maybe cut gasoline usage by 30% or more. Thoughts?

They’d have to start by buying cars instead of trucks and SUVs. Weight and aerodynamics is the biggest efficiency problem. People aren’t buying cars though.

 

[UncleDave]

Sweet. Seems like a great truck.

I wouldn't go anywhere off-road beyond a dirt road with it though.

 

[Snagglefoot]

Here is the Denali version. Enjoy.