A strong pickup market in China now has GM exporting its Chevrolet Colorado and Silverado to the communist nation, though the prices there are anything but cheap.
The gray market in China has long been active in acquiring U.S.-made pickups by dealing directly with dealers. But given increased demand, GM has now joined Ford in officially exporting its trucks to China.
Just don’t look for the same variations. In China the Colorado is only available as a Z71 crew-cab short box in three different trim levels. A 3.6-liter V6 is paired up with a six-speed automatic. Depending on the options, the sales price in the U.S. for this truck ranges between $30,000 and $36,950. In China, you’ll pay somewhere between the equivalent of $80,000 to $87,400 (yes…U.S. dollars), Forbes reports.
If you want a Silverado, be prepared to shell out $102,000 for the 6.2-liter High Country. In the U.S., that same truck sells for around $59,645.
High import and consumption taxes coupled with healthy mark-ups at dealerships amid a strong demand for trucks have elevated prices in the world’s most populated nation.
Next month, Ford’s F-150 Raptor will officially hit showroom floors in China. Would you be willing to spend over $100,000 for it?