Is the Chevrolet Silverado 1500 lease a good deal?

Advertised at $289/mo, the Chevrolet Silverado 1500 truly costs about $556/mo once the $6,699 due at signing is spread across the 24-month term. We grade it C+.

What is the real monthly cost of the Chevrolet Silverado 1500 lease?

About $556 per month, versus the $289 advertised payment.

Chevrolet Silverado 1500 Lease Deals: $289/mo, True Cost $556/mo (November 2026)

Name: Chevrolet Silverado 1500 lease
Brand: Chevrolet
Price: 289 USD
Availability: InStock

Updated November 2026 · Offer source

Advertised$289/mo

Due at signing$6,699

Term24 months

True cost$556/mo

GradeC+

Offer endsNovember 30, 2026

vs rivals: Toyota Tundra $568/mo · Ram 1500 $627/mo · GMC Sierra 1500 $570/mo

All 8 full-size pickups with a lease, ranked →

C+

Deal grade

Advertised

$289/mo

True cost

$556/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.03%. How we grade

How $289 becomes $556

The ad says $289 a month, and it also asks for $6,699 at signing.
$289 of that is your first payment. The other $6,410 is extra money that you pay up front.
Spread across the 24 months of the lease, $6,410 is $267 a month.

$289advertised payment

$267up-front money, each month

$556true cost a month

$6,699

Due at signing

24 mo

Term

$13,346

Total cost

1.03%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$289	$6,699	24 mo	$556	C+
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$249	$10,738	24 mo	$686	D

The math for the 2026 Crew Cab 4WD LT w/TurboMax

Due at signing, with payment 1 in it: $6,699
23 more payments of $289: $6,647
Total for 24 months: $13,346
True cost each month: $556
Cost for each mile, with 20,000 miles allowed: $0.67

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$319/mo

True cost

$498/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 0.93%. How we grade

How $319 becomes $498

The ad says $319 a month, and it also asks for $6,749 at signing.
$319 of that is your first payment. The other $6,430 is extra money that you pay up front.
Spread across the 36 months of the lease, $6,430 is $179 a month.

$319advertised payment

$179up-front money, each month

$498true cost a month

$6,749

Due at signing

36 mo

Term

$17,914

Total cost

0.93%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$319	$6,749	36 mo	$498	A
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$289	$6,699	24 mo	$556	C+
2026 Crew Cab 2WD LT w/TurboMax MSRP $52,145	$399	$7,009	36 mo	$583	C
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$249	$10,738	24 mo	$686	D

The math for the 2026 Crew Cab 4WD LT w/TurboMax

Due at signing, with payment 1 in it: $6,749
35 more payments of $319: $11,165
Total for 36 months: $17,914
True cost each month: $498
Cost for each mile, with 30,000 miles allowed: $0.60

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$479/mo

True cost

$569/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.15%. How we grade

How $479 becomes $569

The ad says $479 a month, and it also asks for $3,719 at signing.
$479 of that is your first payment. The other $3,240 is extra money that you pay up front.
Spread across the 36 months of the lease, $3,240 is $90 a month.

$479advertised payment

$90up-front money, each month

$569true cost a month

$3,719

Due at signing

36 mo

Term

$20,484

Total cost

1.15%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Crew Cab 4WD Custom w/TurboMax MSRP $49,645	$479	$3,719	36 mo	$569	C

The math for the 2026 Crew Cab 4WD Custom w/TurboMax

Due at signing, with payment 1 in it: $3,719
35 more payments of $479: $16,765
Total for 36 months: $20,484
True cost each month: $569
Cost for each mile, with 30,000 miles allowed: $0.68

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

C+

Deal grade

Advertised

$289/mo

True cost

$556/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.03%. How we grade

How $289 becomes $556

The ad says $289 a month, and it also asks for $6,699 at signing.
$289 of that is your first payment. The other $6,410 is extra money that you pay up front.
Spread across the 24 months of the lease, $6,410 is $267 a month.

$289advertised payment

$267up-front money, each month

$556true cost a month

$6,699

Due at signing

24 mo

Term

$13,346

Total cost

1.03%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$289	$6,699	24 mo	$556	C+
2026 Crew Cab 4WD Custom w/TurboMax MSRP $49,645	$399	$6,259	36 mo	$562	C
2026 Crew Cab 4WD LT w/TurboMax MSRP $53,795	$249	$10,738	24 mo	$686	D

The math for the 2026 Crew Cab 4WD LT w/TurboMax

Due at signing, with payment 1 in it: $6,699
23 more payments of $289: $6,647
Total for 24 months: $13,346
True cost each month: $556
Cost for each mile, with 20,000 miles allowed: $0.67

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

Deal grade

Advertised

$189/mo

True cost

$478/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 0.89%. How we grade

How $189 becomes $478

The ad says $189 a month, and it also asks for $7,119 at signing.
$189 of that is your first payment. The other $6,930 is extra money that you pay up front.
Spread across the 24 months of the lease, $6,930 is $289 a month.

$189advertised payment

$289up-front money, each month

$478true cost a month

$7,119

Due at signing

24 mo

Term

$11,466

Total cost

0.89%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Short Box Crew Cab 4WD LT w/TurboMax MSRP $53,795	$189	$7,119	24 mo	$478	A
2026 Short Box Crew Cab 4WD LT w/TurboMax MSRP $53,795	$189	$10,298	24 mo	$610	C

The math for the 2026 Short Box Crew Cab 4WD LT w/TurboMax

Due at signing, with payment 1 in it: $7,119
23 more payments of $189: $4,347
Total for 24 months: $11,466
True cost each month: $478
Cost for each mile, with 20,000 miles allowed: $0.57

Tax, title, license, and dealer fees are extra. Try your own numbers

The offer ends November 30, 2026. See the offer page

How the Chevrolet Silverado 1500 lease changed

Since October 12, 2026, the true cost went down by $5 a month, from $561 to $556.

October 12, 2026: $379/mo, $4,739 due, 24 mo: $561
October 17, 2026: $379/mo, $4,739 due, 24 mo: $561
October 31, 2026: $379/mo, $4,739 due, 24 mo: $561
November 5, 2026: $289/mo, $6,699 due, 24 mo: $556
November 11, 2026: $289/mo, $6,699 due, 24 mo: $556

Each line is the best offer where most regions share it, on the day that we collected the offers.

How it ranks among full-size pickups

The Chevrolet Silverado 1500 has the 1st lowest true cost of 8 full-size pickups with an advertised lease this month. No lease in the class costs less.

The middle true cost in the class is $736 a month, and the Chevrolet Silverado 1500 costs $180 less. Each month it costs 1.03% of its MSRP, and the middle of the class is 1.21%.

The best Silverado 1500 lease in each regionNew York and 17 more regions$289/mo, $6,699 due$556C+
Los Angeles and 4 more regions$319/mo, $6,749 due$498A
Chicago and 2 more regions$479/mo, $3,719 due$569C
Seattle and 2 more regions$289/mo, $6,699 due$556C+
Detroit$189/mo, $7,119 due$478A