At least for certain trims.
According to Chevrolet, the 2020 Silverado HD starts at $35,695 including the $1,595 destination fee. That makes it $300 less than the previous Silverado 2500HD and will give you a base Work Truck trim with a regular cab, a long bed, and rear-wheel drive. Upgrading to a Silverado 2500HD with a crew cab and regular bed will set you back $39,895 for the Work Truck trim, which is the same as the outgoing truck. Selecting a long bed in this configuration bumps up the price to $40,095. All trims with a long bed cost an extra $200 more, just like the 2020 GMC Sierra HD.
As for the other available trims, the new Custom trim will set you back $42,395, while the LT trim starts at $43,395, which is $1,800 less than the outgoing truck. The LTZ trim, on the other hand, costs $1,100 more than the outgoing truck at $52,095, while the range-topping High Country model starts at $62,695 – that's $5,300 more than last year's model. Each quoted price is for a crew cab configuration. The High Country is available exclusively with a crew cab, while the other trims can be had in double cabs apart from the LTZ trim.
Regardless of which trim you select, the Silverado 2500HD comes standard with a 6.6-liter V8 gasoline engine with 401 hp and 464 lb-ft of torque that replaces the old 6.0-liter V8. A 6.6-liter Duramax turbodiesel V8 is optional and is paired with an Allison 10-speed automatic transmission. Impressively, the diesel engine will let the Silverado HD tow up to 35,500 pounds.
As for the Silverado 3500HD, the cheapest option is the regular cab with a long bed configuration, which costs $36,895. Crew cab prices start at $41,095 for a Work Truck, and increase to $44,595 for an LT, $45,295 for an LTZ, and $63,895 for the High Country. A dual rear-axle option is available for $1,200 but is only optional on crew cabs with the long bed. Like the 2500HD, the long bed is a $200 option for 3500HD models.