Chevrolet Silverado 1500 Depreciation

Chevrolet Silverado 1500 Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value
2020 $40,857 $40,857 $275 $0 0% 100% 100% 12 0
2019 $40,148 $33,900 $330 $6,957 17.03% 83.62% 91.67% 11 8.05
2018 $40,729 $31,197 $434 $2,703 7.97% 75.53% 83.33% 10 7.8
2017 $40,053 $29,284 $591 $1,913 6.13% 71.64% 75% 9 3.36
2016 $39,099 $26,765 $695 $2,519 8.6% 66.68% 66.67% 8 -0.01
2015 $38,032 $24,373 $904 $2,392 8.94% 61.71% 58.33% 7 -3.38
2014 $36,262 $22,110 $1,287 $2,263 9.28% 57.42% 50% 6 -7.42
2013 $32,493 $17,517 $1,469 $4,593 20.77% 49.39% 41.67% 5 -7.72
2012 $31,353 $16,098 $1,589 $1,419 8.1% 46.28% 33.33% 4 -12.95
2011 $30,748 $14,617 $1,829 $1,481 9.2% 41.59% 25% 3 -16.59
2010 $30,374 $13,684 $1,881 $933 6.38% 38.86% 16.67% 2 -22.19
2009 $29,448 $12,084 $2,169 $1,600 11.69% 33.67% 8.33% 1 -25.34
2008 $27,201 $10,564 $2,577 $1,520 12.58% 29.36% 0% 0 -29.36
Year Price % Paid % Left NUV
2020 $40,857 100% 100% 0
2019 $33,900 83.62% 91.67% 8.05
2018 $31,197 75.53% 83.33% 7.8
2017 $29,284 71.64% 75% 3.36
2016 $26,765 66.68% 66.67% -0.01
2015 $24,373 61.71% 58.33% -3.38
2014 $22,110 57.42% 50% -7.42
2013 $17,517 49.39% 41.67% -7.72
2012 $16,098 46.28% 33.33% -12.95
2011 $14,617 41.59% 25% -16.59
2010 $13,684 38.86% 16.67% -22.19
2009 $12,084 33.67% 8.33% -25.34
2008 $10,564 29.36% 0% -29.36
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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.
2,344,925 total data points last analyzed on 04/16/2020.
More questions? Check out our Q&A section here.

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Our Chevrolet Silverado 1500 Depreciation Analysis and Recommendations

The Chevy Silverado 1500 is one of the best vehicles on the road for holding its value, ranking in the Top 10 of all models out there. The Silverado 1500 runs slightly ahead of Ford for depreciation at year 5, and just improves the older the truck gets. If you are looking for a pick-up that will be a good investment over the long haul, it's hard to beat the 1500.

The 2019, 2018 & 2017 Chevrolet Silverado 1500 model years are currently the best values.

On average, expect to pay only 84% of the original cost with 92% of the vehicle's lifetime remaining for a 2019 Silverado 1500. That gives it a Net Used Value score of 8.05 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2018 & 2017 Silverado 1500 model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2019 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.