Chevrolet Silverado 1500 Depreciation

Chevrolet Silverado 1500 Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value ®
2019 $40,148 $40,148 $275 $0 0% 100% 100% 12 0
2018 $40,729 $34,062 $330 $6,086 15.16% 82.82% 91.67% 11 8.85
2017 $40,053 $32,646 $434 $1,416 4.16% 80.42% 83.33% 10 2.91
2016 $39,099 $29,716 $591 $2,930 8.98% 74.49% 75% 9 0.51
2015 $38,032 $27,462 $695 $2,254 7.59% 70.38% 66.67% 8 -3.71
2014 $36,262 $24,790 $904 $2,672 9.73% 65.87% 58.33% 7 -7.54
2013 $32,493 $19,927 $1,287 $4,863 19.62% 57.37% 50% 6 -7.37
2012 $31,353 $18,161 $1,469 $1,766 8.86% 53.24% 41.67% 5 -11.57
2011 $30,748 $16,664 $1,589 $1,497 8.24% 49.03% 33.33% 4 -15.7
2010 $30,374 $15,180 $1,829 $1,484 8.91% 43.96% 25% 3 -18.96
2009 $29,448 $13,842 $1,881 $1,338 8.81% 40.62% 16.67% 2 -23.95
2008 $27,201 $11,980 $2,169 $1,862 13.45% 36.07% 8.33% 1 -27.74
2007 $26,920 $11,452 $2,577 $528 4.41% 32.97% 0% 0 -32.97
Year Price % Paid % Left NUV ®
2019 $40,148 100% 100% 0
2018 $34,062 82.82% 91.67% 8.85
2017 $32,646 80.42% 83.33% 2.91
2016 $29,716 74.49% 75% 0.51
2015 $27,462 70.38% 66.67% -3.71
2014 $24,790 65.87% 58.33% -7.54
2013 $19,927 57.37% 50% -7.37
2012 $18,161 53.24% 41.67% -11.57
2011 $16,664 49.03% 33.33% -15.7
2010 $15,180 43.96% 25% -18.96
2009 $13,842 40.62% 16.67% -23.95
2008 $11,980 36.07% 8.33% -27.74
2007 $11,452 32.97% 0% -32.97
Our Favorite Chevrolet Silverado 1500 Photo

Used Chevrolet Silverado 1500s For Sale

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2019 Chevrolet Silverado 1500 K1500 LTZ
Price: 135000

$135,000


2015 Chevrolet Silverado 1500 1LT Repairable Rebuildable Salvage Runs Great Project Builder Fixer Easy Fix Save
Price: 14900

$14,900


2017 Chevrolet Silverado 1500 2LT Repairable Rebuildable Salvage Lot Drives Great Project Builder Fixer Easy Fix
Price: 16900
Low Depreciation Risk

$16,900


2010 Chevrolet Silverado 1500 Work Truck 4.8L V8 16V Automatic 4WD Pickup with plow
Price: 14000

$14,000


2011 Chevrolet Silverado 1500 LS CHEVROLET SILVERADO CREW CAB K1500,HYBRID, 4WD.ONLY 91K ML,RUNS
Price: 12395

$12,395


1999 Chevrolet Silverado 1500 HOW TRUCK RUST FREE ONE OF KIND MINT CONDITION !!!!! READ DESCRIPTION
Price: 10800

$10,800


1988 Chevrolet Silverado 1500 GMC Sierra Custom Gmc bagged low rider Immaculate accuair airbags
Price: 13995

$13,995


2015 Chevrolet Silverado 1500 4WD Crew Cab 143.5" LTZ w/2LZ Black Truck 5.3L V8
Price: 26995

$26,995


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 geometric mean new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The geometric mean 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.
2,120,477 total data points last analyzed on 09/25/2019.
More questions? Check out our Q&A section here.

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The 2018, 2017 & 2016 Chevrolet Silverado 1500 model years are currently the best values.

On average, expect to pay only 83% of the original cost with 92% of the vehicle's lifetime remaining for a 2018 Silverado 1500. That gives it a Net Used Value® score of 8.85 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2017 & 2016 Silverado 1500 model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2018 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.

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