GMC Sierra Wins 2014 KBB.com 5-Year Cost to Own Award

Kelly Blue Book is a car valuation company that makes sure consumers are getting the best deals possible when it comes to their automobile purchases, and they gave the 2014 GMC Sierra 1500 one of its most prestigious awards earlier this February. The 2014 GMC Sierra 1500 regular cab was awarded the KBB.com 5-Year Cost to Own award in the full-size pickup category, which means that it is the cheapest full-size pickup to maintain for the first five years of ownership on the market today.

Kelly Blue Book uses all the information they have on each vehicle to project the expected fuel costs, projected depreciation, finance and insurance costs, maintenance and repair costs and state registration fees to determine the overall cost to own each vehicle for the first five years. The process requires a very sophisticated valuation method due to the fact that these cars are brand new, but Kelly Blue Book derives its information from multiple sources before handing out the prestigious awards.

While GMC has been producing trucks since 1902, it may take an award win like this to finally set their trucks apart from Ford and their other competitors. The Ford F-150, Chevrolet Silverado and Dodge Ram were all one of the five best selling cars in the United States in 2013, but the GMC Sierra only ranked 20th on the list.

Being awarded the KBB.com 5-Year Cost to Own award should only propel future sales of the 2014 GMC Sierra regular car full-size pickup. Many people are facing financial hardships due to the country’s economy, so they are going to be looking for an extremely reliable vehicle if they get to chance to purchase a new car. Nobody wants to pay thousands of dollars for a new truck only to have to shell out more money each year to keep it on the road, especially when money is very tight. Kelly Blue Book has essentially proven that this will not happen with the 2014 GMC Sierra regular cab in the first five years, which makes it the best value in the full-size pickup truck category.