Big loss on $67k 2023 Chevy Silverado 1500 3.0L Duramax?

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February 5, 2024
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here's how much i lost selling the $67k 2023 chevy silverado 1500 3.0l duramax youtube

The 2023 Chevy Silverado 1500 3.0-liter Duramax diesel High Country recently got sold to the dealer. In this video, we go over why we sold it and how much it cost us in one year to sell it back to the dealer.

[Related content: City vs. country? 2024 Chevy Silverado 1500 Trail Boss vs. High Country]

This truck was our long-term review truck for the past year, and we have already placed an order for a new 2025 Ram 1500 Big Horn.

One thing to note in the video is we don’t fully explain the tax write off of the truck. We did lose $14k on paper, however, when you factor in the tax savings, we didn’t lose any money. In fact, we turned a net profit. Some CPAs hate when we mention the tax savings since you are really just kicking the proverbial tax can down the road since you’ll often have to pay those taxes when you sell the truck (capital gains) OR the year you don’t buy a truck, you’ll have to pay taxes.

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