A 2020 Chevrolet Silverado 3500 has a forecasted 5 year depreciation rate of 12%.
In 5 years its value is expected to decrease approximately $5,275 from its new price of around $43,956 down to $38,681.
Make / Model | Initial MSRP | Forecasted Depreciation Rate | Forecasted Value Change In 5 Years | Residual Value In 5 Years |
---|---|---|---|---|
Chevrolet Silverado 3500 | $43,956 | 12% | $5,275 | $38,681 |
Current Retained Value Percentage VS. Model Year
Gaps in data could indicate no model released for that year.
Get a custom depreciation graph of a Chevrolet Silverado 3500 based on model year and mileage driven!
Below is a historical table for the Chevrolet Silverado 3500 that displays year by year depreciation data.
Model Year | Price When New | (%) Current Depreciation | ($) Current Depreciation | Current Residual Value |
---|---|---|---|---|
2020 | $43,956 | 16% | $6,979 | $36,977 |
2019 | $49,600 | (+) 1% (Appreciation) | (+) $425 (Appreciation) | $50,025 |
2018 | $45,171 | 11% | $5,082 | $40,089 |
2017 | $47,207 | 17% | $8,257 | $38,950 |
2016 | $46,352 | 21% | $9,927 | $36,425 |
2015 | $43,749 | 12% | $5,385 | $38,364 |
2014 | $41,929 | 37% | $15,368 | $26,561 |
2013 | $39,873 | 39% | $15,727 | $24,146 |
2012 | $38,815 | 50% | $19,515 | $19,300 |
2011 | $37,150 | 53% | $19,825 | $17,325 |
2010 | $35,638 | 55% | $19,643 | $15,995 |
2009 | $35,498 | 57% | $20,228 | $15,270 |
2008 | $34,733 | 61% | $21,133 | $13,600 |
2007 | $32,458 | 63% | $20,560 | $11,898 |
2006 | $30,344 | 66% | $20,144 | $10,200 |
2005 | $32,820 | 73% | $23,835 | $8,985 |
2004 | $32,515 | 74% | $24,203 | $8,312 |
2003 | $32,098 | 77% | $24,698 | $7,400 |
2002 | $31,018 | 79% | $24,458 | $6,560 |
2001 | $29,602 | 80% | $23,823 | $5,779 |
2000 | $24,579 | 58% | $14,346 | $10,233 |
1999 | $24,267 | 60% | $14,484 | $9,783 |
1998 | $22,303 | 58% | $12,953 | $9,350 |
1997 | $21,590 | 57% | $12,307 | $9,283 |
1996 | $21,248 | 57% | $12,065 | $9,183 |
1995 | $20,432 | 59% | $12,082 | $8,350 |
1994 | $19,802 | 59% | $11,602 | $8,200 |
1993 | $18,620 | 57% | $10,570 | $8,050 |
1992 | $17,725 | 56% | $9,850 | $7,875 |
1991 | $18,584 | 58% | $10,759 | $7,825 |
1990 | $17,234 | 56% | $9,639 | $7,595 |
1989 | $15,891 | 54% | $8,532 | $7,359 |
Make / Models | Forecasted Depreciation | - |
---|---|---|
(Selected) 2020 Chevrolet Silverado 3500 | 12% |
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