A steep two-year price drop is turning the 2024 Chevrolet Silverado EV 4WT from an eye-popping luxury purchase into something closer to a practical used buy. After two weeks, one creator broke down his thinking and his early impressions of the vehicle.
Here’s what to know
On YouTube, Randy of the Auto Auction Rebuilds channel (@AutoAuctionRebuilds) said he bought a 2024 Chevrolet Silverado EV 4WT for $43,000 even though its original window sticker was about $82,000, putting nearly $39,000 of value loss front and center.
“I don’t think I can express good enough to you guys how great this truck actually is,” the creator assessed after more than 1,000 miles of driving across two weeks. In the review, he said he bought it from Carvana with 36,000 miles.
Based on his reported 1,337-mile average and 1.9 miles per kilowatt-hour, the truck costs about 5 cents per mile to charge at home, or roughly $50 for 1,000 miles of driving. Randy said local gas was about $4 per gallon while his household electricity cost 9.5 cents per kilowatt-hour.
Despite being a basic work-truck version with vinyl seats, rubber floors, a 6-foot bed, and power outlets in the bed, cabin, and front trunk, he said the truck’s extended battery still delivered up to 455 miles of real-world range.
Reaction in the comments was mixed, with some commenters questioning Randy’s generally rosy outlook on all his vehicles.
“I’ll never be an electric guy,” a commenter conceded. “Worked at a dealership and in the winter here in Michigan people complained their range was getting cut in half. Hybrids all day. You like it and that’s all that counts.”
More background
Although he didn’t test a fully loaded Silverado EV RST, Randy said the 4WT still brought plenty of equipment for a stripped-down work truck, including adaptive cruise control, lane-keep assist, blind-spot monitoring, cross-traffic detection, trailer-brake controls, a 360-degree camera system, and a spare tire.
He presented the simpler cabin layout as a possible long-term advantage. Rather than GM’s larger wraparound display, this version uses plainer screens and physical climate controls, which he suggested could be cheaper to deal with later if something fails.
His truck also had several blemishes and maintenance issues, including a mismatched tire, damage to one wheel, a missing drip rail, worn wiper blades, and some noise from the driver-side front suspension. He also said Carfax showed a past hail-damage claim. Those flaws did not change his broader outlook.
What can be done?
Randy’s first move was to let depreciation do the work and get the vehicle for a fraction of its original price. He also focused on home-charging economics.
Randy also tapped into the included coverage. He said Carvana offered a 100-day, 4,100-mile warranty, and he intended to have a Chevrolet dealer inspect the truck and document any other problems.
He also told shoppers not to rush past seat comfort. Because some reviewers had criticized the Silverado EV’s seats, he advised an extended test drive.
Randy ultimately boiled down the appeal to three factors: “I bought this truck solely because of the range, the towing ability of it, and the price.”
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