Innovation: Community & Education
GMC Sierra Wins 2014 KBB.com 5-Year Cost to Own Award
Wed, Feb 5 2014
DETROIT – The GMC Sierra 1500 regular cab full-size pickup truck won a KBB.com 2014 5-Year Cost to Own award announced today.
Kelley Blue Book’s data for new cars and trucks for the initial five-year ownership period is the basis for the awards. Categories include lowest projected depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state registration fees.
“GMC puts the customer first, not only offering a great portfolio of trucks, but maintaining quality and dependability long after the vehicle is purchased,” said Tony DiSalle, vice president of GMC marketing.
KBB.com’s 5-Year Cost to Own information is developed using Kelley Blue Book® Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.
GMC has manufactured trucks since 1902, and is one of the industry's healthiest brands. Innovation and engineering excellence is built into all GMC vehicles and the brand is evolving to offer more fuel-efficient trucks and crossovers, including the Terrain small SUV and Acadia crossover. GMC is the only manufacturer to offer three full-size hybrid trucks with the Yukon, Yukon Denali SUVs and the Sierra pickup. The Sierra Heavy Duty pickups are the most capable and powerful trucks in the market. Details on all GMC models are available at http://www.gmc.com/, on Twitter at @thisisgmc or at http://www.facebook.com/gmc.