2020-2022 used GMSV
$95,000Earlier GMSV-era Silverado 1500 stock, typically LT Trail Boss and LTZ. RHD conversion quality well-established by this era.
Weekly
$434.10
Monthly
$1,881.11
Chevrolet model
Chevrolet Silverado finance calculator
The heavy-duty American ute through the GMSV programme.
Last reviewed: 23 April 2026
Your estimated repayment
Weekly
$663/week
$1,325 /fortnight $2,871 /month
$145,000
$0
7.00% p.a.
5 years
Apply for a formal estimate
We are not a finance company. Indicative only. Not a quote or offer of credit. Actual rates, fees, and repayments depend on your circumstances and the lender's decision.
Chevrolet Silverado finance calculator Not a lender. Not a broker. Financing a Chevrolet Silverado in New Zealand
The Chevrolet Silverado is the NZ-new Chevrolet that drives most Chevrolet finance applications in 2026, arriving through the General Motors Specialty Vehicles programme as a factory-backed RHD remanufacture from Melbourne. The Silverado 1500 competes in the premium ute space alongside the Ram 1500 and Ford F-150, while the Silverado 2500HD moves into heavy commercial territory with genuine towing capacity beyond a Ranger or Hilux. Finance splits between personal secured-car loans on the 1500 and commercial chattel mortgage, finance lease, or operating lease on the 2500HD.
Calculate repaymentsIndicative only. Not a quote or offer of credit.
Year by year
Silverado prices and repayments, by era.
Typical NZ market prices and the weekly cost of financing each. All figures assume 7% over 5 years with no deposit. Indicative only; open the full calculator to pre-set your own rate and term.
2023-2024 late GMSV 1500
$130,000Current-generation Silverado 1500 LTZ and ZR2 with updated infotainment and safety tech.
Weekly
$594.04
Monthly
$2,574.16
2024-2025 new 2500HD
$165,000GMSV Silverado 2500HD Duramax diesel, targeting heavy towing and commercial use.
Weekly
$753.97
Monthly
$3,267.20
2026+ new
$180,000Latest Silverado 1500 and 2500HD through GMSV with full NZ factory warranty.
Weekly
$822.51
Monthly
$3,564.22
Who this suits
Who buys a Chevrolet Silverado?
- Trades businesses and contractors needing towing and payload beyond a Ranger or Hilux with GST-claimable commercial finance.
- Rural and farming buyers replacing ageing heavy-duty utes or light trucks with a factory-backed RHD American ute.
- Family buyers towing heavy boats, caravans, or horse floats where a Silverado 1500 sits above a mainstream ute.
Financing notes
What financing a Silverado usually looks like.
At $145,000 across a 5-year term at 8.5% the weekly repayment sits at roughly $680 a week or $2,940 a month on a personal secured-car structure. On a chattel mortgage for commercial use, the monthly cash-flow impact is offset by the GST reclaim on purchase (roughly $18,900 on a $145,000 Silverado) in the next GST return. Speak to an accountant before signing to structure the finance correctly from day one, particularly on a 2500HD used commercially.
Model-specific questions
Chevrolet Silverado finance FAQ.
Can I claim GST and finance interest on a Silverado bought for my business?
Yes, in most cases. If the Silverado is primarily used for business, GST on the purchase is claimable in the next GST return and finance interest is deductible against business income. A chattel mortgage keeps the vehicle on the balance sheet while a finance lease or operating lease change the treatment. Which is best depends on your tax position, cash flow, and replacement cycle; confirm with your accountant before finalising the structure.
Is a Silverado 2500HD harder to finance than a Silverado 1500?
Not materially on a commercial finance structure, because 2500HD buyers typically have strong business balance sheets and the lender is underwriting the business as much as the vehicle. On a personal secured-car loan, the 2500HD is less common and lenders may apply a tighter term cap (4 years versus 5) and a higher deposit requirement because personal resale data on the 2500HD in NZ is thinner than the 1500.
Can a Silverado be financed as a business vehicle in New Zealand?
Frequently, and where it is genuinely a work vehicle a chattel mortgage is often the structure used rather than a consumer car loan. Which one applies, and what that means for GST and deductibility, is a question for your accountant, subject to their confirmation, and it is easier settled before the application than during it.
Does the Silverado need a different licence or towing setup in NZ?
A standard class 1 licence covers it, but the weight and width are worth checking against the towing setup and any parking constraints before committing. Those are practical costs rather than lending ones, and they belong in the same weekly budget as the repayment on a vehicle of this size.
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A formal estimate on a Chevrolet Silverado.
Our finance partner compares multiple NZ lenders. Calculator inputs travel through to the application, and the partner returns a formal estimate after the lender's credit assessment.