A 2021 Chevrolet Silverado still asks 53% of what a 2026 one does — that's how much value it holds after 5 years. Among 19 pickups we price, that ranks #13, below the 59% class median. The steepest single-year drop comes at year 8 (−19.4%), after which losses ease to about 10.5% a year. Mileage costs it 43%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 4,623 listings.
Chevrolet Silverado value by year
The newest Silverado at under half the 2026 price is the 2020, with a median asking price of $26,992 (49% of it). A 2023 and a 2022 ask almost the same, $33,900 against $33,900, so the newer year costs next to nothing extra.
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $37,500 | $70,724 | 99 | |
| 2025 | $33,995 | $63,000 | 98 | |
| 2024 | $30,250 | $58,995 | 167 | |
| 2023 | $21,995 | $49,483 | 164 | |
| 2022 | $21,500 | $47,995 | 225 | |
| 2021 | $18,495 | $40,000 | 258 | |
| 2020 | $17,499 | $42,700 | 304 | |
| 2019 | $14,958 | $39,099 | 305 | |
| 2018 | $12,995 | $31,999 | 314 | |
| 2017 | $12,500 | $32,000 | 289 | |
| 2016 | $9,950 | $28,500 | 251 | |
| 2015 | $9,800 | $28,000 | 312 | |
| 2014 | $7,900 | $20,513 | 231 | |
| 2013 | $4,999 | $20,900 | 205 | |
| 2012 | $4,000 | $23,995 | 144 | |
| 2011 | $3,850 | $17,995 | 148 | |
| 2010 | $4,200 | $18,000 | 64 | |
| 2009 | $4,000 | $17,500 | 99 | |
| 2008 | $3,000 | $14,000 | 148 | |
| 2007 | $3,000 | $16,995 | 130 | |
| 2006 | $2,500 | $19,995 | 97 | |
| 2005 | $3,750 | $19,995 | 102 | |
| 2004 | $2,500 | $15,000 | 91 | |
| 2003 | $2,995 | $18,500 | 77 | |
| 2002 | $2,500 | $16,790 | 63 | |
| 2001 | $2,000 | $11,500 | 65 | |
| 2000 | $1,850 | $12,950 | 49 | |
| 1999 | $2,300 | $13,500 | 24 | |
| 1998 | $2,750 | $16,550 | 19 | |
| 1997 | $3,000 | $22,500 | 17 | |
| 1996 | $2,400 | $11,000 | 12 | |
| 1995 | $2,250 | $8,900 | 14 | |
| 1994 | $4,000 | $11,000 | 13 | |
| 1993 | $1,200 | $9,000 | 5 | |
| 1992 | $2,600 | $6,000 | 4 | |
| 1991 | $3,500 | $27,500 | 8 | |
| 1990 | $5,250 | $29,999 | 8 |
How the Chevrolet Silverado depreciates
The newest Chevrolet Silverado has a median asking price of $54,599; a 36-year-older one runs about $13,500 — roughly 75% lost over 36 years (compare the typical depreciation curve by age).
Does the Chevrolet Silverado hold value better than its rivals?
Over the same 5 years the Ford F-150 keeps 41%, the RAM 1500 50% and the GMC Sierra 59%, against 53% for the Silverado. The Silverado holds value better than the Ford F-150 and RAM 1500, but not the GMC Sierra.
The Chevrolet Silverado market right now
Adjust your Chevrolet Silverado value for mileage
Crossing 100k miles costs a Chevrolet Silverado about 43% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2026 Chevrolet Silverado: a dealer trade-in offer is around $37,500, selling private-party nets about $54,599, and a lot asks near $70,724 — a $33,224 spread on the same car.
What sellers really ask, from our own listings: for the same model year, the Silverado costs a median 3% more from a dealer than from a private seller, across the 8 recent model years with enough of both. Title, state and mileage effects are on the Chevrolet Silverado price page.
| Model year | Private seller (listings) | Dealer (listings) | Dealer vs private |
|---|---|---|---|
| 2026 | $50,000 (22) | $56,700 (252) | +13% |
| 2025 | $49,500 (33) | $44,999 (199) | −9% |
| 2024 | $50,000 (63) | $41,775 (374) | −16% |
| 2023 | $36,995 (51) | $34,995 (360) | −5% |
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Chevrolet Silverado value FAQ
How much is a Chevrolet Silverado worth?
It depends mostly on the model year: in our listings the median asking price runs from $2,995 to $54,599 across 37 model years. A 2026 is worth about $54,599, the median of 99 listings.
How much does mileage cut a Chevrolet Silverado's value?
Among Silverados from the last eight model years, those with under 40,000 miles ask a median $41,998, and those with over 150,000 miles ask $18,995; crossing 100,000 miles alone costs about 43%.
Which Chevrolet Silverado year is the best value?
The newest Silverado at under half the 2026 price is the 2020, with a median asking price of $26,992 (49% of it). A 2023 and a 2022 ask almost the same, $33,900 against $33,900, so the newer year costs next to nothing extra.
Is a Chevrolet Silverado cheaper from a dealer or a private seller?
Usually from a private seller: for the same model year, dealers ask a median 3% more, across 8 recent model years in our listings.
Does the Silverado hold value better than the Ford F-150?
Yes: over 5 years the Silverado keeps 53% of its value and the Ford F-150 41%, by the median asking prices of the 2026 and 2021 model years.
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