Is the GMC Sierra 1500 lease a good deal?

Advertised at $349/mo, the GMC Sierra 1500 truly costs about $570/mo once the $5,649 due at signing is spread across the 24-month term. We grade it B+.

What is the real monthly cost of the GMC Sierra 1500 lease?

About $570 per month, versus the $349 advertised payment.

GMC Sierra 1500 Lease Deals: $349/mo, True Cost $570/mo (November 2026)

Updated November 2026 · Offer source

Advertised$349/mo

Due at signing$5,649

Term24 months

True cost$570/mo

GradeB+

Offer endsNovember 30, 2026

vs rivals: Ram 1500 $627/mo · Chevrolet Silverado EV $845/mo · GMC Sierra EV $1,059/mo

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

B+

Deal grade

Advertised

$349/mo

True cost

$570/mo

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

How $349 becomes $570

The ad says $349 a month, and it also asks for $5,649 at signing.
$349 of that is your first payment. The other $5,300 is extra money that you pay up front.
Spread across the 24 months of the lease, $5,300 is $221 a month.

$349advertised payment

$221up-front money, each month

$570true cost a month

$5,649

Due at signing

24 mo

Term

$13,676

Total cost

0.93%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8 MSRP $61,290	$349	$5,649	24 mo	$570	B+

The math for the 2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8

Due at signing, with payment 1 in it: $5,649
23 more payments of $349: $8,027
Total for 24 months: $13,676
True cost each month: $570
Cost for each mile, with 20,000 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

B+

Deal grade

Advertised

$349/mo

True cost

$570/mo

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

How $349 becomes $570

The ad says $349 a month, and it also asks for $5,649 at signing.
$349 of that is your first payment. The other $5,300 is extra money that you pay up front.
Spread across the 24 months of the lease, $5,300 is $221 a month.

$349advertised payment

$221up-front money, each month

$570true cost a month

$5,649

Due at signing

24 mo

Term

$13,676

Total cost

0.93%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8 MSRP $61,290	$349	$5,649	24 mo	$570	B+
2026 Short Box Crew Cab 4WD Elevation w/TurboMax MSRP $56,695	$299	$6,969	24 mo	$577	C+

The math for the 2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8

Due at signing, with payment 1 in it: $5,649
23 more payments of $349: $8,027
Total for 24 months: $13,676
True cost each month: $570
Cost for each mile, with 20,000 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

$399/mo

True cost

$548/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.05%. How we grade

How $399 becomes $548

The ad says $399 a month, and it also asks for $3,979 at signing.
$399 of that is your first payment. The other $3,580 is extra money that you pay up front.
Spread across the 24 months of the lease, $3,580 is $149 a month.

$399advertised payment

$149up-front money, each month

$548true cost a month

$3,979

Due at signing

24 mo

Term

$13,156

Total cost

1.05%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Double Cab 4WD Elevation w/TurboMax MSRP $52,240	$399	$3,979	24 mo	$548	C+
2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8 MSRP $61,290	$349	$5,649	24 mo	$570	B+
2026 Short Box Crew Cab 4WD Elevation w/TurboMax MSRP $56,695	$359	$5,659	24 mo	$580	C+

The math for the 2026 Double Cab 4WD Elevation w/TurboMax

Due at signing, with payment 1 in it: $3,979
23 more payments of $399: $9,177
Total for 24 months: $13,156
True cost each month: $548
Cost for each mile, with 20,000 miles allowed: $0.66

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

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

B+

Deal grade

Advertised

$349/mo

True cost

$570/mo

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

How $349 becomes $570

The ad says $349 a month, and it also asks for $5,649 at signing.
$349 of that is your first payment. The other $5,300 is extra money that you pay up front.
Spread across the 24 months of the lease, $5,300 is $221 a month.

$349advertised payment

$221up-front money, each month

$570true cost a month

$5,649

Due at signing

24 mo

Term

$13,676

Total cost

0.93%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8 MSRP $61,290	$349	$5,649	24 mo	$570	B+
2026 Short Box Crew Cab 4WD Elevation w/TurboMax MSRP $56,695	$299	$6,969	24 mo	$577	C+
2027 Short Box Crew Cab 4WD Elevation w/Engine, 5.7L V8, featuring Dynamic Fuel Management MSRP $62,685	$349	$7,509	24 mo	$647	C+

The math for the 2026 Short Box Crew Cab 4WD Elevation w/5.3L EcoTec3 V8

Due at signing, with payment 1 in it: $5,649
23 more payments of $349: $8,027
Total for 24 months: $13,676
True cost each month: $570
Cost for each mile, with 20,000 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

How the GMC Sierra 1500 lease changed

Since October 12, 2026, the true cost went down by $84 a month, from $654 to $570.

October 12, 2026: $349/mo, $7,679 due, 24 mo: $654
October 17, 2026: $349/mo, $7,679 due, 24 mo: $654
October 31, 2026: $349/mo, $7,679 due, 24 mo: $654
November 5, 2026: $349/mo, $5,649 due, 24 mo: $570
November 11, 2026: $349/mo, $5,649 due, 24 mo: $570

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 GMC Sierra 1500 has the 3rd lowest true cost of 8 full-size pickups with an advertised lease this month. The lowest is the Chevrolet Silverado 1500 at $556 a month.

The middle true cost in the class is $736 a month, and the GMC Sierra 1500 costs $166 less. Each month it costs 0.93% of its MSRP, and the middle of the class is 1.21%.