The $108,695 GMC Sierra EV Denali Edition 1 Sells Out Almost Immediately: Update

Mind you, the reservation fee was only $100, didn't take much to throw your name in the ring

(Images: GMC)

Other versions of the new GMC Sierra EV won’t be available until at least late 2024.

Well, that didn’t take long. Even with a $108,695 price tag on the table, folks lined up to reserve a 2024 GMC Sierra EV Denali Edition 1 in droves. So many, in fact, that the queue is already full, and you’ll have to join a waiting list if you’re interested in buying the truck.

For reference, the Edition 1 is the fully loaded, top-of-the-line Sierra EV, and it’s arriving first in early 2024. That includes every option, up to a 400-mile range (per GM’s claims) and a 754-horsepower dual-motor drivetrain. It’s rated at 9,500 pounds of towing capacity, and can hit 0-60 in 4.5 seconds (again, these are all the automaker’s claimed figures). It will join the Hummer EV in GMC’s electric truck lineup, which also had a limited “Edition 1” that sold out within hours, if that.

Like the Hummer, the GMC Sierra EV will also have rear-wheel steering with “crab walk” functionality.

It’s hardly surprising that the Sierra EV Edition 1 sold out so quickly, since it only cost $100 to put your name down for one. Still, this is a limited truck with an extremely high price tag, so some folks on the waiting list may still have a chance as the less committed types fall out.

If you’re looking for a more “affordable” GMC Sierra EV, then you’re in for a much longer wait anyway. The entry-level Elevation trim kicks off the range, and that’s not coming until early 2025. The off-roaders who want the AT4 model will get their truck a little earlier, as GMC says those deliveries will happen by late 2024.

The Chevrolet Silverado EV, for its part, also brings in similar power and range specs, and you may be able to get one sooner. Of course, that all depends on your preferences, if you’re looking to buy the electric version of either truck at all.