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2023 GMC Sierra 1500 Value2023 GMC Sierra 1500 trade-in prices range from $23,621 - $63,438. 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 GMC Sierra 1500
Values based on 12,000 miles driven per year, with no color or options selected. 2023 GMC Sierra 1500 trade-in prices range from $23,621 - $63,438. Get a more accurate value for your car with the Edmunds appraisal tool.
Elevation 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$36,860$38,289$39,891
Clean$36,376$37,721$39,231
Average$35,568$36,773$38,132
Rough$34,518$35,541$36,703
Know the value of your 2023 GMC Sierra 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-$9,046
Based on Good Condition for five years
2023 GMC Sierra 1500
Elevation 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A) with no options
Total Depreciation
2024
$38,801
-$1,997
2025
$37,979
-$822
2026
$35,867
-$2,112
2027
$33,685
-$2,182
2028
$31,752
-$1,933
Value breakdown
2023 GMC Sierra 1500
Elevation 4dr Double Cab 4WD SB (2.7L 4cyl Turbo 8A) with no options
YearCar ValueDepreciation
2024 (2023 GMC Sierra 1500)$38,801-$1,997
2025 (2023 GMC Sierra 1500)$37,979-$822
2026 (2023 GMC Sierra 1500)$35,867-$2,112
2027 (2023 GMC Sierra 1500)$33,685-$2,182
2028 (2023 GMC Sierra 1500)$31,752-$1,933
Total Depreciation
Over five years
-$9,046
Helpful information about your 2023 GMC Sierra 1500
Estimated Value Today
  • $36,376 - $37,721
  • 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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