Chevrolet Silverado 1500 | Depreciation Rate & Curve

Chevrolet Silverado 1500 5 Year Depreciation Rate

A 2020 Chevrolet Silverado 1500 has a forecasted 5 year depreciation rate of 28%.

In 5 years its value is expected to decrease approximately $11,491 from its new price of around $41,040 down to $29,549.

Chevrolet Silverado 1500 Depreciation
Make & Model	Chevrolet Silverado 1500
Initial MSRP	$41,040
Forecasted Depreciation Rate	28%
Forecasted Value Change In 5 Years	$11,491
Residual Value In 5 Years	$29,549

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Chevrolet Silverado 1500 Historical Depreciation Table

Below is a historical table for the Chevrolet Silverado 1500 that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2020	$41,040	6%	$2,290	$38,750
2019	$40,444	0%	$-40	$40,484
2018	$39,280	23%	$9,191	$30,089
2017	$39,252	18%	$6,982	$32,270
2016	$38,710	25%	$9,522	$29,188
2015	$38,125	28%	$10,840	$27,285
2014	$36,360	33%	$12,004	$24,356
2013	$34,132	44%	$15,129	$19,003
2012	$33,137	54%	$17,948	$15,189
2011	$31,585	56%	$17,831	$13,754
2010	$31,264	59%	$18,539	$12,725
2009	$30,876	63%	$19,355	$11,521
2008	$28,288	65%	$18,316	$9,972
2007	$27,824	68%	$18,834	$8,990
2006	$27,880	74%	$20,551	$7,329
2005	$29,628	79%	$23,267	$6,361
2004	$28,911	80%	$23,256	$5,655
2003	$26,901	81%	$21,726	$5,175
2002	$26,302	82%	$21,545	$4,757
2001	$24,498	83%	$20,223	$4,275
2000	$23,812	55%	$13,162	$10,650
1999	$22,978	60%	$13,819	$9,159
1998	$19,246	57%	$11,060	$8,186
1997	$18,515	55%	$10,215	$8,300
1996	$17,939	55%	$9,839	$8,100
1995	$17,186	53%	$9,036	$8,150
1994	$16,330	57%	$9,250	$7,080
1993	$15,350	46%	$7,133	$8,217
1992	$14,892	46%	$6,842	$8,050
1991	$14,621	15%	$2,203	$12,418
1990	$13,935	6%	$771	$13,164
1989	$13,027	51%	$6,602	$6,425

2019 Chevrolet Silverado | Source

By Bull-Doser - Own work., Public Domain

Forecasted "5 Year Depreciation" Of A 2020 Chevrolet Silverado 1500 Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 Chevrolet Silverado 1500	28%	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Chevrolet Silverado 2500	16% View Depreciation Graph	Image Source Minimize Source By Dharmabumstead - Own work, CC BY-SA 4.0
2020 Chevrolet Silverado 3500	12% View Depreciation Graph	Image Source Minimize Source By Rjluna2 - Own work, CC BY-SA 4.0
2020 Chevrolet Colorado	26% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Dodge Ram 2500	28% View Depreciation Graph	Image Source Minimize Source By order_242 from Chile - Dodge Ram 2500 SLT Heavy Duty Quad Cab 2012, CC BY-SA 2.0
2020 Dodge Ram 3500	6% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Dodge Ram 1500	36% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Ford F-150	30% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Ford F-250	35% View Depreciation Graph	Image Source Minimize Source By Bull-Doser - Own work., Public Domain
2020 Ford F-350	36% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Ford F-450	24% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Canyon	32% View Depreciation Graph	Image Source Minimize Source By Alexander Migl - Own work, CC BY-SA 4.0
2020 GMC Sierra 1500	29% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Sierra 2500	23% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 GMC Sierra 3500	26% View Depreciation Graph