Chevrolet Silverado 1500 Depreciation

Chevrolet Silverado 1500
Depreciation

Chevrolet Silverado 1500 Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2019 $38,148 $38,148 $250 $0 0% 100% 100% 12 0
2018 $37,729 $29,478 $325 $8,670 22.73% 77.27% 91.67% 11 3.6
2017 $41,053 $30,721 $500 +$1,243 -4.22% 73.61% 83.33% 10 9.72
2016 $39,099 $27,350 $675 $3,371 10.97% 68.22% 75% 9 6.78
2015 $38,032 $25,322 $800 $2,028 7.41% 64.48% 66.67% 8 2.19
2014 $36,262 $23,268 $950 $2,054 8.11% 61.55% 58.33% 7 -3.22
2013 $32,493 $19,722 $1,100 $3,546 15.24% 57.31% 50% 6 -7.31
2012 $31,353 $18,601 $1,250 $1,121 5.68% 55.34% 41.67% 5 -13.67
2011 $30,748 $15,454 $1,400 $3,147 16.92% 45.71% 33.33% 4 -12.38
2010 $30,374 $15,413 $1,550 $41 0.27% 45.64% 25% 3 -20.64
2009 $29,448 $14,308 $1,600 $1,105 7.17% 43.15% 16.67% 2 -26.48
2008 $27,201 $12,243 $1,900 $2,065 14.43% 38.02% 8.33% 1 -29.69
2007 $26,920 $12,336 $2,000 +$93 -0.76% 38.4% 0% 0 -38.4
Year Price % Paid % Left NUV ®
2019 $38,148 100% 100% 0
2018 $29,478 77.27% 91.67% 3.6
2017 $30,721 73.61% 83.33% 9.72
2016 $27,350 68.22% 75% 6.78
2015 $25,322 64.48% 66.67% 2.19
2014 $23,268 61.55% 58.33% -3.22
2013 $19,722 57.31% 50% -7.31
2012 $18,601 55.34% 41.67% -13.67
2011 $15,454 45.71% 33.33% -12.38
2010 $15,413 45.64% 25% -20.64
2009 $14,308 43.15% 16.67% -26.48
2008 $12,243 38.02% 8.33% -29.69
2007 $12,336 38.4% 0% -38.4
Our Favorite Chevrolet Silverado 1500 Photo

Used Chevrolet Silverado 1500s For Sale

Not shopping in 20146?
2016 Silverado 1500 LTZ Chevrolet 32112 Miles Summit White 4D Crew Cab EcoTec3 5
Price: $39,000
Low Depreciation Risk

$39,000


2016 Silverado 1500 LT Chevrolet 43132 Miles Black 4D Crew Cab V8 Automatic
Price: $31,788
Low Depreciation Risk

$31,788


2017 Silverado 1500 LTZ Chevrolet 36374 Miles 4D Double Cab EcoTec3 5.3L V8 6-S
Price: $35,000
Very Low Depreciation Risk

$35,000


2016 Silverado 1500 LTZ Chevrolet 29210 Miles Deep Ocean Blue Metallic 4D Crew C
Price: $37,000
Low Depreciation Risk

$37,000


2017 Silverado 1500 LT Chevrolet 15584 Miles Pepperdust Metallic 4D Double Cab E
Price: $29,000
Very Low Depreciation Risk

$29,000


2017 Silverado 1500 LTZ Chevrolet 27095 Miles Silver Ice Metallic 4D Crew Cab Ec
Price: $38,000
Very Low Depreciation Risk

$38,000


2015 Silverado 1500 LS Chevrolet 23659 Miles Silver Ice Metallic 4D Double Cab E
Price: $28,000
Low Depreciation Risk

$28,000


2016 Chevrolet Silverado 1500 4 dr Truck Automatic 5.3L 8 Cyl Siren Red Tintcoat
Price: $28,986
Low Depreciation Risk

$28,986


2015 Silverado 1500 LT Chevrolet 49992 Miles Summit White 4D Double Cab EcoTec3
Price: $25,000
Low Depreciation Risk

$25,000


About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The vehicle model year.
  • New Price - The average or median new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The average or median listing price of a used model of that year grouped by the same trim levels.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value ® - Our ranking & sorting index to help you find the model years with the most value.
All prices are in US Dollars.   Have more questions?   Check out our Q&A section here.

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The 2017, 2016 & 2015 Chevrolet Silverado 1500 model years are currently the best values.

On average, expect to pay only 74% of the original cost with 83% of the vehicle's lifetime remaining for a 2017 Silverado 1500. That gives it a Net Used Value® score of 9.72 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2016 & 2015 Silverado 1500 model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2017 Chevrolet Silverado 1500?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.

Thinking about selling your car? Click the button below to have it listed for free in just a few minutes!