[SilverDan]

Of course nobody knows, but I just placed a reservation and the general reservation landing page shows this

What do they have now, 160k reservations? There was that study that appears to show high phantom orders, OTOH the sample size was pretty small. Any other intel?

 

[tsuintx]

Is summer 2024 believable? Pretty sure 2023 for RST has been floated around, but who knows. I placed my reservation just a few minutes after the tool opened and later that day I got a text from my chosen dealer saying their excited for me and are looking for the 2025 delivery date.

So yeah... Go figure. It comes when it comes. Luckily I'm in no hurry whatsoever.

 

[Holeydonut]

Is summer 2024 believable? Pretty sure 2023 for RST has been floated around, but who knows. I placed my reservation just a few minutes after the tool opened and later that day I got a text from my chosen dealer saying their excited for me and are looking for the 2025 delivery date.

So yeah... Go figure. It comes when it comes. Luckily I'm in no hurry whatsoever.

Lol a few minutes after I placed my pre-order, I got a call from my local dealership to ask when I'd be down to pick up my new Silverado? I was like "wtf are you talking about" and they realized my reservation just came through their system as an online inquiry, and I was in their lead-gen tool like I was interested in a Silverado.

I told them to call back when they actually got word of how to order an EV Silverado.

The next day, someone called again to ask when I'd be down to the showroom to check out the exciting line up of Silverados. Ugh.

 

[aldaran]

I don't know what to believe but like tsuintx said, I'm not in a hurry. When I did my reservation back in January, I could have sworn it said that the fleet WT and RST First editions were going to be released in 2023 and all others in 2024. Then someone said that all WT and RST will be in 2023 and future trims in 2024. However, the website is pretty vague.

It says: Model year 2024 Silverado EV available Fall 2023. WT estimated MSRP starts at $39,900+DFC* with optional features and content, including up to 20,000 lbs. towing capability.* Future variations will offer a range of MSRPs, from around $50,000 to $60,000, $70,000, $80,000 and more, depending on selected battery range and available features such as Multi-Flex Midgate® with pass-through, panoramic fixed-glass roof, 4-Wheel Steer and Wide Open Watts Mode – providing a wide variety of capability and pricing options.

I'm in the 50-60 range max.

 

[Holeydonut]

I don't know what to believe but like tsuintx said, I'm not in a hurry. When I did my reservation back in January, I could have sworn it said that the fleet WT and RST First editions were going to be released in 2023 and all others in 2024. Then someone said that all WT and RST will be in 2023 and future trims in 2024. However, the website is pretty vague.

It says: Model year 2024 Silverado EV available Fall 2023. WT estimated MSRP starts at $39,900+DFC* with optional features and content, including up to 20,000 lbs. towing capability.* Future variations will offer a range of MSRPs, from around $50,000 to $60,000, $70,000, $80,000 and more, depending on selected battery range and available features such as Multi-Flex Midgate® with pass-through, panoramic fixed-glass roof, 4-Wheel Steer and Wide Open Watts Mode – providing a wide variety of capability and pricing options.

I'm in the 50-60 range max.

Assuming the truck is coming out in the 2024 calendar year, that $39,900 marketed introduction WT price in 2022 is going to be like $60k total cash out the door (OTD) due to inflation, sales/use taxes, destination charges charges, paperwork, etc. Personally I always speak of OTD as what cash is necessary to literally leave the showroom with the vehicle. But I know some sales-folks say OTD is simply the subtotal of the vehicle negotiated price minus the trade-in. Super annoying how the term OTD is often mischaracterized by dealerships.

Some states are also modifying their excise taxes to get EVs to pay more up front for the damage they're about to do to the roadways. Since EVs don't use gasoline, they aren't paying the normal taxes that ICE vehicles pay through their fuel purchases. So you may be facing a stiffer vehicle registration cost compared to an ICE.

So if you're buying a RST with a low-end option load, you could expect $70k cash to transact/close in a great scenario. But consider, with the way the franchise dealer model works, expect them to add on dealer-installed options to further juice their margins... so it's $75k-$80k minimum cash at the ready seems like a fair plan so you're not sticker shocked. And I hope your local dealer isn't adding a $10k "service-fee" for the helluvit.

BTW, if you go out and get an EV truck without the wait-list-custom-order-workflow... expect to pay way over MSRP. All a sneaky dealership has to do is implement the tactic where they turn a new EV into a used EV. Then selling the used one over the MSRP of a new one. They can accomplish this by having a shell customer take possession of the vehicle so the title transfers, but then that shell returns the vehicle back to the dealership at cost (no use or sales tax involved). The prospective customer is just told some BS about how the financing for the vehicle fell through, and they EV had to be returned. But since the used vehicle is not beholden to the MSRP limits from GM, the dealership can do whatever it wants since it's a independent shop and has the right to price its used inventory as it pleases.

 

[aldaran]

Hopefully you're wrong. I can't imagine a 15k inflation price increase on a WT or any model. But I'm sure there will be some dealers out there that will add such an increase and blame inflation. Luckily my dealer doesn't do mark ups. I guess time will tell as more information is released.

 

[EVTrucking]

I reserved a Silverado EV the first day first hour. A few weeks ago I contacted the dealer and was told they intend ADM of at least $2,500 but if demand is high then that will increase. I contacted another Chevy dealer in my area got the same message. If this holds true then I will pass on the Silverado EV. Dealers are a legislated (forced) third party with their grubby hand reaching into your pocket for their mostly valueless cut$$. Hopefully dealers will ultimately be legislated out!

In June I completed purchasing my R1T and thoroughly enjoyed the dealership-less purchasing process.

 

[SilverDan]

A GM exec mentioned in a interview recently (sorry I don’t have a link offhand) that GM was unveiling something called an ‘e-price’ I think - or something like that. Anyhow a system where you can get a quote on your vehicle on the internet that will be the actual price you pay when you get it at the dealership. If true and it works seems like a good approach as it will have dealer markup built in, and prevent gouging. Ford has talked about it being a problem but it seems like they don’t have anything in place.

GM does have a program in place already like this called the supplier discount. My company - which leases tons of GM cars worldwide - then gets an incentive that we employees can buy a GM car at GM or dealer employee cost. I used it once - went to a dealership, mentioned the program and gave them my number, the sales guy said “OK I’ve never seen one of these before” but came out with the secret book and showed me the actual cost of the vehicle and said “if you want it that’s your price”.

Anyhow would be great if it isn’t vaporware. The big 3 know these predatory practices are hurting their brand and they do want to stop it.

 

[EVTrucking]

In a way the advent of online ordering has revealed the ‘secret’ book, MSRP!

Order a vehicle online and get the MSRP price but then you are forced to pick s dealer who then demands (extorts) ADM or you don’t get your vehicle. That is truly the current situation. Legalized extortion.

Which is worse the extorter or the fool that pays it?

Unfortunately the greedy racketeering dealers and the big three will find a way to get back to secret business as usual.

 

[aldaran]

If people would stop paying these markups it would deter such behavior, but we have people that have the big bucks to pay any price to get one. I unfortunately don't have that luxury so I will just find an honest dealer and there are honest dealers out there.

 

[EVTrucking]

If people would stop paying these markups it would deter such behavior, but we have people that have the big bucks to pay any price to get one. I unfortunately don't have that luxury so I will just find an honest dealer and there are honest dealers out there.

Well said! My plan exactly.

 

[HawaiiEV]

Our dealer for Toyota and Chevrolet does not do markups, they are very good to us.

 

[EVTrucking]

Our dealer for Toyota and Chevrolet does not do markups, they are very good to us.

You are lucky. So far none of the dealers close to us sell EVs at MSRP. My last new vehicle purchase (Tacoma) was 12 years ago and had to endure pressure and haggling to get them to sell me a 4 cylinder Tacoma work truck. Wanted me to buy several trim levels up. Good truck but yet another poor purchasing experience.

 

[aldaran]

Looks more and more like fall of 2024 for a 2025 model. My reservation just got updated to display the 2025 model year like newer reservations which I had understood since the start. I did reserve it on the first day (Jan 5th) and all this time it only displayed my reservation as WT or RST without a model year. I understand the WT for fleet and the RST First edition are supposed to start next year as a 2024 model. So this proves my theory that other trims will be available in 2024 as a 2025 model. It will give me a chance to explore a Blazer EV which is my second choice. The website is pretty vague and only says "Model year 2024 Silverado EV available Fall 2023" without the mention of which trim levels, but with my reservation being updated, it's pretty much straight forward.

 

[gonkymcgonkface]

Looks more and more like fall of 2024 for a 2025 model. My reservation just got updated to display the 2025 model year like newer reservations which I had understood since the start. I did reserve it on the first day (Jan 5th) and all this time it only displayed my reservation as WT or RST without a model year. I understand the WT for fleet and the RST First edition are supposed to start next year as a 2024 model. So this proves my theory that other trims will be available in 2024 as a 2025 model. It will give me a chance to explore a Blazer EV which is my second choice. The website is pretty vague and only says "Model year 2024 Silverado EV available Fall 2023" without the mention of which trim levels, but with my reservation being updated, it's pretty much straight forward.

Yep, my reservation was updated to 2025 as well since I checked a few weeks ago. I have my starter EV, a 2023 Bolt, on order.

 

[SilverDan]

Yep, my reservation was updated to 2025 as well since I checked a few weeks ago. I have my starter EV, a 2023 Bolt, on order.

Congratulations! You’ll love it, I’ve been driving one of the first ones made for the last five years, it’s a treat.

Well if you guys are getting those updates, since I reserved so late maybe I should be planning on 2025. I wonder if they’ll shut down reservations like they just did for the Hummer?