Chevrolet Silverado 3500HD Depreciation

A Chevrolet Silverado 3500HD will depreciate 44% after 5 years and have a 5 year resale value of $39,887.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $70,960 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Silverado 3500HD.

Chevrolet Silverado 3500HD Depreciation Calculator

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Chevrolet Silverado 3500HD Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $13,404 81.11% $57,556 12,000 2022
2 $18,407 74.06% $52,553 24,000 2023
3 $25,581 63.95% $45,379 36,000 2024
4 $28,703 59.55% $42,257 48,000 2025
5 $31,073 56.21% $39,887 60,000 2026
6 $34,558 51.30% $36,402 72,000 2027
7 $40,440 43.01% $30,520 84,000 2028
8 $41,973 40.85% $28,987 96,000 2029
9 $42,576 40.00% $28,384 108,000 2030
10 $43,286 39.00% $27,674 120,000 2031

Chevrolet Silverado 3500HD Depreciation

Years Old Depreciation Residual Value Resale Value
1 $13,404 81.11% $57,556
2 $18,407 74.06% $52,553
3 $25,581 63.95% $45,379
4 $28,703 59.55% $42,257
5 $31,073 56.21% $39,887
6 $34,558 51.30% $36,402
7 $40,440 43.01% $30,520
8 $41,973 40.85% $28,987
9 $42,576 40.00% $28,384
10 $43,286 39.00% $27,674

Buying a Chevrolet Silverado 3500HD New vs Used

If you purchase a used Chevrolet Silverado 3500HD that is 2 years old, then you could save $18,407 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $12,666. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Silverado 3500HD models become available.

The Best Model Years to Buy a Chevrolet Silverado 3500HD

The 2018 Chevrolet Silverado 3500HD is our top pick for the best model year value for the Silverado 3500HD. With the 2018, you would only pay, on average, 64% of the price as new, with 75% of the vehicle's useful life remaining. The 2020 and 2019 model years are also attractive years for the Silverado 3500HD, and provide a relatively good value. Our rankings consider multiple factors, including the Silverado 3500HD's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Silverado 3500HD models.

Chevrolet Silverado 3500HD Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $70,960 $70,960 $554 $0 0% 100%
2020 $70,712 $57,995 $637 $12,965 18.27% 81.11% Better
2019 $70,216 $52,792 $793 $5,203 8.97% 74.06% Better
2018 $70,651 $46,212 $1,029 $6,580 12.46% 63.95% Best
2017 $70,058 $42,903 $1,184 $3,309 7.16% 59.55% Good
2016 $68,739 $40,139 $1,499 $2,764 6.44% 56.21% Good
2015 $66,643 $36,262 $2,073 $3,877 9.66% 51.3%
2014 $60,666 $28,440 $2,345 $7,822 21.57% 43.01%
2013 $59,724 $26,926 $2,526 $1,514 5.32% 40.85%
2012 $54,448 $21,779 $2,885 $5,147 19.12% 40%
2011 $52,553 $20,496 $2,964 $1,283 5.89% 39%
2010 $51,923 $16,742 $3,395 $3,754 18.32% 25.71%
2009 $50,873 $12,718 $4,008 $4,024 24.04% 25%
Year Price % Paid Value Rank
2021 $70,960 100%
2020 $57,995 81.11% Better
2019 $52,792 74.06% Better
2018 $46,212 63.95% Best
2017 $42,903 59.55% Good
2016 $40,139 56.21% Good
2015 $36,262 51.3%
2014 $28,440 43.01%
2013 $26,926 40.85%
2012 $21,779 40%
2011 $20,496 39%
2010 $16,742 25.71%
2009 $12,718 25%

Chevrolet Silverado 3500HD Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Silverado 3500HD ranks for Depreciation compared to other vehicles. Also check out how the Silverado 3500HD stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Silverado 3500HD Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Silverado 3500HD costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: