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2023 Chevrolet Silverado 1500 Value2023 Chevrolet Silverado 1500 trade-in prices range from $21,657 - $55,458. Get a more accurate value for your car with the Edmunds appraisal tool. - Find Out What Your Car's Worth

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Estimated values for the 2023 Chevrolet Silverado 1500
Values based on 12,000 miles driven per year, with no color or options selected. 2023 Chevrolet Silverado 1500 trade-in prices range from $21,657 - $55,458. Get a more accurate value for your car with the Edmunds appraisal tool.
Work Truck 2dr Regular Cab 4WD LB (2.7L 4cyl Turbo 8A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$28,372$30,177$32,212
Clean$27,999$29,729$31,679
Average$27,377$28,982$30,792
Rough$26,569$28,011$29,638
Know the value of your 2023 Chevrolet Silverado 1500 over time
Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.
Total Depreciation-$10,611
Based on Good Condition for five years
2023 Chevrolet Silverado 1500
Work Truck 2dr Regular Cab 4WD LB (2.7L 4cyl Turbo 8A) with no options
Total Depreciation
2024
$28,430
-$2,785
2025
$27,872
-$558
2026
$26,965
-$907
2027
$24,091
-$2,874
2028
$20,604
-$3,487
Value breakdown
2023 Chevrolet Silverado 1500
Work Truck 2dr Regular Cab 4WD LB (2.7L 4cyl Turbo 8A) with no options
YearCar ValueDepreciation
2024 (2023 Chevrolet Silverado 1500)$28,430-$2,785
2025 (2023 Chevrolet Silverado 1500)$27,872-$558
2026 (2023 Chevrolet Silverado 1500)$26,965-$907
2027 (2023 Chevrolet Silverado 1500)$24,091-$2,874
2028 (2023 Chevrolet Silverado 1500)$20,604-$3,487
Total Depreciation
Over five years
-$10,611
Helpful information about your 2023 Chevrolet Silverado 1500
Estimated Value Today
  • $27,999 - $29,729
  • Based on good condition.
Depreciation Insights
  • Different cars depreciate at different rates.
  • In general, new cars lose 60% of their MSRP in the first five years.
Know Your Car’s Worth
  • Nearly every vehicle depreciates over time.
  • With our free appraisal tool, you can get an accurate price for your car in minutes.
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