Chevrolet Silverado 1500 Depreciation
A 10-year-old Silverado 1500 sells for a median $18,292 — 57.4% below a 1-year-old at $42,967 — based on 60,749 live used listings across 10 model years (computed 2026-10-05).
Value by model year
Median advertised price of each model year on the used market today.
| Model year | Age | Median price | vs 1-year-old | Listings |
|---|---|---|---|---|
| 2025 | 1 yr | $42,967 | 100% | 6,217 |
| 2024 | 2 yr | $40,679 | 94.7% | 10,819 |
| 2023 | 3 yr | $37,901 | 88.2% | 9,386 |
| 2022 | 4 yr | $35,259 | 82.1% | 4,661 |
| 2021 | 5 yr | $31,024 | 72.2% | 7,586 |
| 2020 | 6 yr | $28,471 | 66.3% | 6,164 |
| 2019 | 7 yr | $27,206 | 63.3% | 4,818 |
| 2018 | 8 yr | $22,421 | 52.2% | 4,949 |
| 2017 | 9 yr | $20,631 | 48% | 3,743 |
| 2016 | 10 yr | $18,292 | 42.6% | 2,406 |
Median advertised prices from live used-market listings, computed 2026-10-05. Years with fewer than 25 listings are omitted — never estimated.
See what Silverado 1500s actually sell for near you
Medians are the map — live listings are the territory. Search current Chevrolet Silverado 1500 inventory by year, then negotiate from data.
Search used Silverado 1500 listingsFrequently asked questions
How much does a Chevrolet Silverado 1500 depreciate?
Based on live used-market data (60,749 listings, computed 2026-10-05), a 10-year-old Silverado 1500 lists for a median $18,292 — 57.4% less than a 1-year-old at $42,967. The year-by-year table above shows where the value falls fastest.
How is this depreciation curve calculated?
It's cross-sectional: for each model year we take the median advertised price of Chevrolet Silverado 1500 listings on the used market today (only years with at least 25 listings count). That answers the practical question — what does each age of this car actually sell for right now — rather than projecting a hypothetical future.
Are these prices what I should pay?
They are median ADVERTISED prices — the starting point, not the finish line. Real buyers negotiate below asking; search live listings to see current local inventory, and remember advertised medians include dealer pricing strategy, not just vehicle value.
Is the Silverado 1500 a good buy used?
The curve is the honest answer: a steep early drop makes 2–3-year-old examples the value pick; a flat curve means used examples stay expensive and buying new (or newer) costs less than it appears. For the Silverado 1500, the table above shows exactly which ages carry the steepest discounts.