1998 Gmc Suburban Lt on 2040-cars

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2024 GMC Sierra prices go up — and also down

The 2024 GMC Sierra 1500 is ready to work the yard, but how much you'll need to get the pickup back to your yard has changed compared to the 2023 Sierra — most often in a good way. The changes for the new model year aren't substantive, just enough to give Sierra lovers enough modification to prove they have the latest. The AT4X was only available with the 6.2-liter V8 in 2023; for 2024 the big bad off-road trim makes the 3.0-liter Duramax diesel inline-six the standard engine and takes $2,400 off the base price compared to last year's 6.2-liter. On top of that, the 6.2-liter AT4X costs $500 less than last year. Re: the gas V8, this is the opposite of the hefty increases we've seen Chevrolet generally do with 6.2-powered trims. The SLT, AT4, AT4X, Denali, and Denali Ultimate get the option of an active exhaust on four-wheel-drive trims with the 6.2-liter for $395. The 2.7-liter Turbo H.O. four-cylinder gas engine is rebranded TurboMax and comes with a five-year, 100,000-mile warranty. Two new wheel designs enter the catalog, availability depending on trim, and colors join the palette, their availability also trim-dependent: Downpour Metallic replacing Pacific Blue Metallic, and Thunderstorm Grey, both adding $495 to the price. Now to the haggling. Even though destination has risen $100, to $1,995, five of the eight trims — including the diesel AT4X — are less expensive than they were a year ago, some of them by $1,000. The new sums after destination and their differences from 2023 are:  Sierra Pro Regular Cab Standard Box 2WD TurboMax: $39,695 ($700) SLE Double Cab Std Box 2WD TurboMax $51,095 ($1,000 less) Elevation Double Cab 2WD TurboMax $52,795 ($1,000 less) SLT Crew Cab Short Box 2WD 5.3L V8 $56,795 ($1,000 less) AT4 Crew Cab Short Box 4WD Duramax 3.0L I6 $68,595 ($500 less) AT4X Crew Cab Short Box 4WD Duramax 3.0L I6 $81,195 (New trim) Denali Crew Cab Short Box 2WD 5.3L V8 L84 $68,595 ($1,000) Denali Ultimate Crew Cab Short Box 4WD Duramax 3.0L I6 $83,490 ($500) Since certain varieties of the 2023 Sierras are still on the configurator and in dealer inventory, any business wanting to take a tax loss for 2023 should buy the older Sierra. Regular buyers willing to forego the new bits on the 2024 Sierra will likely be able to find dealers ready to take a machete to the MSRPs of some 2023 Sierras sitting on the lot.

GM investing $2 billion in Tennessee plant to build Cadillac Lyriq, other EVs

DETROIT — General Motors said on Tuesday it will invest $2 billion to convert its Spring Hill, Tennessee, factory to produce electric vehicles, starting with the new Cadillac Lyriq, alongside existing combustion-engine Cadillacs. Spring Hill will be GM's third U.S. electric vehicle factory, along with existing plants in Detroit and Orion Township, Michigan. The Tennessee plant was built in 1990 as the exclusive source for GM's now-defunct Saturn brand. The Cadillac Lyriq crossover is slated to go into production in Spring Hill in late 2022, according to AutoForecast Solutions (AFS), which tracks industry production plans. AFS said it expects some electric vehicle production will be announced at a later date for a factory in Mexico. Among additional investments, GM on Tuesday said it will spend $32 million at its truck plant in Flint, Michigan, to increase production of the Chevrolet Silverado and GMC Sierra heavy-duty pickups. GM will spend $100 million to shift production of the redesigned GMC Acadia crossover from Spring Hill to a plant near Lansing, Michigan. Spring Hill will continue to build the gas-engine Cadillac XT5 and XT6 crossovers. The plant also will build other future electric vehicles in addition to the Lyriq. The automaker's plans for investing in U.S. factories comes with two weeks left in the U.S. presidential election campaign. President Donald Trump and Democratic rival Joe Biden are competing for support from auto workers in Midwestern swing states. GM Chief Executive Mary Barra has outlined plans to invest $20 billion by 2025 in new electric vehicles and battery technology. The automaker is spending $2.2 billion to overhaul and retool its Detroit-Hamtramck factory to build a GMC Hummer EV electric pickup truck in late 2021, followed by an automated robotaxi and other electric vehicles. GM builds its electric Chevrolet Bolt at a large assembly plant north of Detroit.

These are the cars with the best and worst depreciation after 5 years

The average new vehicle sold in America loses nearly half of its initial value after five years of ownership. No surprise there; we all expect that shiny new car to start depreciating as soon as we drive it off the lot. But some vehicles lose value a lot faster than others. According to data provided by iSeeCars.com, trucks and truck-based sport utility vehicles generally hold their value better than other vehicle types, with the Jeep Wrangler — in both four-door Unlimited and standard two-door styles — and Toyota Tacoma sitting at the head of the pack. The Jeep Wrangler Unlimited's average five-year depreciation of 30.9% equals a loss in value of $12,168. That makes Jeep's four-door off-roader the best overall pick for buyers looking to minimize depreciation. The Toyota Tacoma's 32.4% loss in initial value means it loses just $10,496. The smaller dollar amount — the least amount of money lost after five years — indicates that Tacoma buyers pay less than Wrangler Unlimited buyers, on average, when they initially buy the vehicle. The standard two-door Jeep Wrangler is third on the list, depreciating 32.8% after five years and losing $10,824. Click here for a full list of the top 10 vehicles with the least depreciation over five years. On the other side of the depreciation coin, luxury sedans tend to plummet in value at a much faster rate than other vehicle types. The BMW 7 Series leads the losers with a 72.6% drop in value after five years, which equals an alarming $73,686. BMW's slightly smaller 5 Series is next, depreciating 70.1%, or $47,038, over the same period. Number three on the biggest losers list is the Nissan Leaf, the only electric vehicle to appear in the bottom 10. The electric hatchback matches the 5 Series with a 70.1% drop in value, but since it's a much cheaper vehicle, that percentage equals a much smaller $23,470 loss. Click here for a full list of the top 10 vehicles with the most depreciation over five years.