Chevy Silverado’s $105,000 Electric Truck

It’s Crazy Money Day!

Chevy’s top-of-the-line electric truck sold out within 12 minutes of reservations opening. It’s due for release early this year with a sticker price of $105,000.  Now that is seriously crazy! The Silverado RST First Edition has a unique bed that can expand to accommodate larger items. Fold down the wall between the cabin and bed and it opens up to one big cargo area. With the Midgate open, storage increases more than 3 feet. Drop the tailgate and it increases even more.

In 1990 a new Chevy Silverado could be purchased for $10,00 – $15,000. Of course, today’s trucks have many more bells and whistles. GoBankingRates surveyed Americans and learned that 40% said they plan to buy a car this year. Edmunds says October, November, and December are historically the most discounted months for buying a new car. December’s the very best because dealerships close out the year with sales to reduce their inventory. Three-day weekends are also good – and they’re great times to shop for a trade-in. If you need a car, start saving now. Determine how much you can afford to spend. Set aside a fund for insurance, registration, repairs, and maintenance. Save money and avoid financing by depositing imagined payments into a savings account. Ask the Lord to provide the car you need and watch for Him to provide, and if you’re curious about the new EV trucks, study the reports to see if they live up to the craze. 

And if you’ve been blessed by My MoneyLife, I invite you to discover the Crown Stewardship Podcasts. They focus on helping you find freedom in your finances and career. You can subscribe on Spotify and iTunes, or listen at crown.org.