Is the GMC Sierra EV lease a good deal?

Advertised at $599/mo, the GMC Sierra EV truly costs about $1,059/mo once the $11,639 due at signing is spread across the 24-month term. We grade it D.

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

About $1,059 per month, versus the $599 advertised payment.

GMC Sierra EV Lease Deals: $599/mo, True Cost $1,059/mo (November 2026)

Updated November 2026 · Offer source

Advertised$599/mo

Due at signing$11,639

Term24 months

True cost$1,059/mo

GradeD

Offer endsNovember 30, 2026

vs rivals: Chevrolet Silverado EV $845/mo · GMC Sierra 1500 $570/mo · Ram 1500 $627/mo

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

Deal grade

Advertised

$599/mo

True cost

$1,059/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.63%. How we grade

How $599 becomes $1,059

The ad says $599 a month, and it also asks for $11,639 at signing.
$599 of that is your first payment. The other $11,040 is extra money that you pay up front.
Spread across the 24 months of the lease, $11,040 is $460 a month.

$599advertised payment

$460up-front money, each month

$1,059true cost a month

$11,639

Due at signing

24 mo

Term

$25,416

Total cost

1.63%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 4WD Elevation MSRP $64,995	$599	$11,639	24 mo	$1,059	D
2027 4WD Elevation Preferred Equipment Group MSRP $66,195	$699	$10,409	24 mo	$1,104	F

The math for the 2026 4WD Elevation

Due at signing, with payment 1 in it: $11,639
23 more payments of $599: $13,777
Total for 24 months: $25,416
True cost each month: $1,059
Cost for each mile, with 20,000 miles allowed: $1.27

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

$599/mo

True cost

$1,059/mo

Graded on true cost as a percent of MSRP, against other full-size pickups. This lease is 1.63%. How we grade

How $599 becomes $1,059

The ad says $599 a month, and it also asks for $11,639 at signing.
$599 of that is your first payment. The other $11,040 is extra money that you pay up front.
Spread across the 24 months of the lease, $11,040 is $460 a month.

$599advertised payment

$460up-front money, each month

$1,059true cost a month

$11,639

Due at signing

24 mo

Term

$25,416

Total cost

1.63%

Of MSRP each month

Every offer, ranked by true cost

Trim	Advertised	Due	Term	True cost	Grade
2026 4WD Elevation MSRP $64,995	$599	$11,639	24 mo	$1,059	D

The math for the 2026 4WD Elevation

Due at signing, with payment 1 in it: $11,639
23 more payments of $599: $13,777
Total for 24 months: $25,416
True cost each month: $1,059
Cost for each mile, with 20,000 miles allowed: $1.27

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 EV lease changed

Since October 12, 2026, the true cost went up by $45 a month, from $1,014 to $1,059.

October 12, 2026: $599/mo, $10,559 due, 24 mo: $1,014
October 17, 2026: $599/mo, $10,559 due, 24 mo: $1,014
October 31, 2026: $599/mo, $10,559 due, 24 mo: $1,014
November 5, 2026: $599/mo, $11,639 due, 24 mo: $1,059
November 11, 2026: $599/mo, $11,639 due, 24 mo: $1,059

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 EV has the 7th 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 EV costs $323 more. Each month it costs 1.63% of its MSRP, and the middle of the class is 1.21%.