Chevrolet Silverado 1500 Depreciation

Chevrolet Silverado 1500 Depreciation Rate

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.

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

Chevrolet Silverado 1500 Depreciation Curve

Depreciation Curve For A Chevrolet Silverado 1500
Depreciation Curve For The Chevrolet Silverado 1500.

Current Retained Value Percentage VS. Model Year

Gaps in data could indicate no model released for that year.

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The American average is 12,000 miles driven per year.

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

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

Make / Models Forecasted Depreciation -
(Selected) 2020 Chevrolet Silverado 1500 28%
2019 Chevrolet Silverado
2020 Chevrolet Silverado 2500

16%

View Depreciation Graph

2018 Chevy Silverado Z71 2500 HD Midnight Edition
2020 Chevrolet Silverado 3500

12%

View Depreciation Graph

2015 Chevrolet Silverado LTZ 3500 HD
2020 Chevrolet Colorado

26%

View Depreciation Graph

2020 Chevrolet Colorado
2020 Dodge Ram 2500

28%

View Depreciation Graph

Dodge Ram 2500 SLT Heavy Duty Quad Cab
2020 Dodge Ram 3500

6%

View Depreciation Graph

2019 Ram 3500 Heavy Duty
2020 Dodge Ram 1500

36%

View Depreciation Graph

2019 Dodge Ram 1500 Laramie
2020 Ford F-150

30%

View Depreciation Graph

2020 Ford F-150 Platinum
2020 Ford F-250

35%

View Depreciation Graph

'17 Ford F-250 Super Duty Double Cab
2020 Ford F-350

36%

View Depreciation Graph

Ford F-350 regular cab
2020 Ford F-450

24%

View Depreciation Graph

2020 Ford F-450 Limited Super Duty with Powerstroke Turbo Diesel
2020 GMC Canyon

32%

View Depreciation Graph

GMC Canyon
2020 GMC Sierra 1500

29%

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2019 GMC Sierra 1500 SLE
2020 GMC Sierra 2500

23%

View Depreciation Graph

2020 GMC Sierra 2500 Denali HD
2020 GMC Sierra 3500

26%

View Depreciation Graph

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