Chevrolet prices the new 2014 Silverado at just $24,585 for the regular cab

General Motors has announced the official pricing for the incoming and boldly-faced 2014 Chevrolet Silverado lineup. The 2014 regular cab Silverado begins at just $24,585, sporting an all-new 5.3L EcoTec3 V8 good for 355hp and 383 lb-ft of torque. Additionally, Chevy claims that the new V8 mill can provide better fuel efficiency than its competitor’s turbocharged V6.

Should buyers need some extra cab space, the 2014 Chevrolet Silverado Double Cab demands $28,610, while the full-size Crew Cab required $32,710.

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More engines will be availability later this year, which include a 4.3L EcoTec3 V6 and 6.2L V8. Power and fuel economy ratings are still being determined. As of now, the 5.3L V8 is rated at 23 mpg highway for the two-wheel drive 2014 Chevrolet Silverado 1500 regular cab, while the four-wheel drive model gets 22.

All of those fancy new V8s feature direct injection and Active Fuel Management, which is the General’s patented cylinder deactivation timing. All will be mated to a six-speed auto.

For full details, check out the press release after the jump.

2014 Silverado Delivers Power, Efficiency and Value

• Best fuel economy of any V-8 pickup – EPA estimated 23 mpg highway
• Better fuel economy than 2013 Ford EcoBoost V-6
• Base prices carry over from current models

DETROIT, April 1, 2013 – Chevrolet today announced initial pricing, performance data, and EPA fuel efficiency estimates for the 2014 Silverado 1500, raising the bar in the fiercely competitive light-duty pickup segment.

Manufacturer’s suggested retail prices for the new 2014 Silverado regular cab will start at $24,585, including a $995 destination freight charge, the same base price as the 2013 model. For that price, the 2014 Silverado regular cab, which starts production this summer, will include a number of major improvements:
• A more powerful, more efficient EcoTec3 engine,
• A six-speed automatic transmission,
• A stronger, quieter cab with an all-new interior,
• Four-wheel disc brakes with Duralife rotors
• A new bed with standard box rail protectors and CornerStep bumper

The base starting prices for the Silverado crew cab, the first model to launch later this spring, and for the new double cab Silverado, which replaces the extended cab, also will be the same as for the corresponding 2013 models.

Buyers of all 2014 Silverados also will receive a standard scheduled maintenance program for two years or 24,000 miles, whichever comes first. Up to four maintenance visits are included in the price of the vehicle, each one of which includes a regularly scheduled oil change, oil filter replacement, tire rotation and multi-point vehicle inspection, based on the schedule in the vehicle owner’s manual.

“The 2014 Silverado is new from hood to hitch,” said Alan Batey, vice president, U.S. sales and service. “When you combine the innovative features of the new Silverado with base pricing equivalent to 2013 models and standard scheduled maintenance, Silverado becomes a great choice for pickup customers, helping them save money when they buy – and when they drive.”

Proven V-8 power with better efficiency than a turbo V-6
The 2014 Silverado launches later this spring with crew cab models equipped with the all-new 5.3-liter EcoTec3 V-8, which is expected to power three out of four Silverado 1500s.

Chevrolet today announced EPA estimates of 23 mpg highway for 2wd models, and 22 mpg highway for 4×4 models. That is better than any V-8 competitor, and beats the EPA estimates for the 2013 Ford EcoBoost turbocharged V-6 for both 2wd and 4×4 models.

Silverado’s 5.3-liter EcoTec3 V-8 is SAE certified at 355 horsepower and 383 lb-ft of torque, with more than 300 lb-ft of torque available from 2,000 to 5,600 rpm for responsive performance under a broad range of real-world conditions.

“Silverado’s available 5.3-liter EcoTec3 V-8 gives customers the best of both worlds,” said Jeff Luke, executive chief engineer for Silverado. “Customers get the proven power and dependability of a V-8 truck engine, with better fuel economy than a leading competitor’s smaller turbocharged V-6.”

“EcoTec3 builds on 58 years of V-8 experience and trillions of real-world miles,” said Luke. “The 2014 Silverado will give customers class-leading V-8 fuel efficiency and the peace of mind that comes with a proven V-8 design, a combination no competitor can match.”

Best available towing rating of any light-duty pickup
Demonstrating the capability of the 2014 Silverado and its 5.3-liter EcoTec3 engine, double cab 2WD models equipped with the available max towing package, available later this year, will have towing ratings of up to 11,500 pounds, more than any light duty pickup currently on the market.

To further save customers money and reduce inconvenience, Silverado’s 5.3-liter EcoTec3 V-8 is designed to operate on regular 87 octane gasoline even when towing or hauling.

Silverado will also offer later this year a standard 4.3-liter EcoTec3 V-6 that is expected to offer exceptional torque and towing capability for a standard V-6, and an all-new 6.2-liter EcoTec3 V-8, with even more power, torque, and towing capability than the 5.3-liter V-8. Final performance data and EPA estimates for these engines will be available in the coming months.

Seamlessly switch to four-cylinder operation
Silverado’s combination of capability and efficiency results in part from its EcoTec3 engines, which provide the proven power of a large-displacement truck engine when needed, then switch seamlessly to four-cylinder operation under lighter loads.

“In creating the 2014 Silverado 1500, we looked at a wide variety of powertrain configurations, and concluded that large-displacement truck engines could best provide the payload and towing capability that truck customers require, with the long-term dependability they expect,” said Luke.

“Silverado’s EcoTec3 technology eliminates the fuel economy penalty that often goes with rugged, high-torque truck engines. With our EcoTec3 engines, truck customers don’t have to do more with less – more work with smaller engines. They can keep the benefits of a larger displacement engine and still get better fuel efficiency.”

All three EcoTec engines feature direct fuel injection, Active Fuel Management (cylinder deactivation) and continuously variable valve timing, a combination not found in competitive trucks. The engines also use a compact overhead valve design and weight-saving components such as aluminum blocks and cylinder heads to reduce the mass of the engines for additional energy savings.

Other features that give the 2014 Silverado impressive capability include frames made from high-strength steel; rugged six-speed automatic transmissions; larger, stronger rear axles for V-8 models; and an updated suspension with two-stage multi-leaf rear springs.

Among the other updates for 2014 are a stronger, quieter cab; revised steering, suspension and brakes; and ingenious solutions for managing cargo in the bed.

The broadest portfolio, the right tools for the job
The 2014 Silverado 1500 crew cab will be joined later this year by a regular cab model and a new double cab model, which replaces the extended cab and features forward-hinged rear doors for easier access to the back seat. Also coming soon are new heavy duty pickups and an all-new midsize truck based on the successful global Colorado.

“Chevrolet will have the broadest portfolio in the business,” said Luke. “No one will be better positioned to offer each and every truck customer the right tools for the job.”

Additional Details and Data

2014 Silverado base MSRP:
• Regular cab: $24,585
• Double cab: $28,610
• Crew cab: $32,710
Includes $995 destination freight charge. Excludes tax, title, license and optional equipment.

Silverado 1500 5.3L EcoTec3 V-8
• 355 hp (265 kW) @ 5600 rpm
• 383 lb-ft of torque (518 Nm)@ 4100 rpm; more than 300 lb-ft of torque from 2,000 to 5,600 rpm
• Maximum available towing rating: 11,500 pounds*
• Maximum available payload rating: 2,102 pounds
• EPA estimated fuel efficiency:
o 16 mpg city, 19 mpg combined, 23 mpg highway (2wd)
o 16 mpg city, 18 mpg combined, 22 mpg highway (4×4)

Horsepower and torque ratings are SAE certified using 87 octane regular gasoline.
* With Max Trailer Package, available later this year

EPA fuel economy estimates, light-duty pickups with V-8 and turbocharged V-6 engines (City Combined Highway)
Chevrolet Silverado 5.3L EcoTec3 V-8 2WD 16 19 23
Chevrolet Silverado 5.3L EcoTec3 V-8 4×4 16 18 22
Ford 3.5L EcoBoost V-6 2WD 16 18 22
Ford 3.5L EcoBoost V-6 4×4 15 17 21
Ford 5.0L V-8 2WD 15 17 21
Ford 5.0L V-8 4×4 14 16 19
Ford 6.2L V-8 2WD 13 15 18
Ford 6.2L V-8 4×4 12 13 16
Ram 4.7L V-8 2WD 14 16 20
Ram 4.7L V-8 4×4 14 16 19
Ram 5.7L Hemi V-8 2WD (6-spd) 14 16 20
Ram 5.7L Hemi V-8 4×4 (6-spd) 13 15 19
Ram 5.7L Hemi V-8 4×4 (8-spd) 15 17 21
Toyota 4.6L V-8 2WD 15 17 20
Toyota 4.6L V-8 4×4 14 16 19
Toyota 5.7L V-8 2WD 13 15 18
Toyota 5.7L V-8 4×4 13 15 18
Nissan 5.6L V-8 2WD 13 15 18
Nissan 5.6L V-8 4×4 12 14 17

Source: Model Year 2013 EPA Fuel Economy Guide

Maximum available towing ratings, light-duty pickups with V-8 and turbocharged V-6 engines
Chevrolet Silverado 5.3L EcoTec V-8* 11,500
Ford 3.5L EcoBoost V-6 11,300
Ford 5.0L V-8 10,000
Ford 6.2L V-8 11,300
Ram 4.7L V-8 7,700
Ram 5.7L Hemi V8 10,450
Toyota 4.6L V-8 8,600
Toyota 5.7L V-8 10,400
Nissan 5.6L V-8 9,500
* Double cab 2WD with Max Trailer Package, available later this year. Maximum towing ratings for competitive trucks also requires optional equipment.

Source: Published manufacturer’s information

About Chevrolet
Founded in 1911 in Detroit, Chevrolet is now one of the world’s largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

– By: Chris Chin