Market retention
Chevrolet Silverado 1500 depreciation after 10 years.
A 2016 Chevrolet Silverado 1500 is currently worth about $19,152—40% of the newest year's market value.
Observed value after 10 years
$19,152
60% below the newest year's price in this study.
Newest market year
2026
Fair price $48,391
Observed value after 10 years
$19,152
60% below the newest year's price
Value retained
40%
Of the newest year's price
Observed market data
Value retention by model year.
Each bar compares a year's current fair price with the newest Chevrolet Silverado 1500 in this study.
2026
Newest year
$48,391 100%2025
1 years old
$48,885 101%2024
2 years old
$41,753 86%2023
3 years old
$41,864 87%2022
4 years old
$38,643 80%2021
5 years old
$34,691 72%2020
6 years old
$31,421 65%2019
7 years old
$28,899 60%2018
8 years old
$23,775 49%2017
9 years old
$21,502 44%2016
10 years old
$19,152 40%
Need the numbers behind this chart? Download the observed data and methodology (JSON).
How to read this
This study compares similarly adjusted listings from different model years today. It shows the shape of today's market—not a guarantee about a specific vehicle's future value.
Long-term estimate
12-year value outlook.
Observed rows use current listings. Later rows extend the measured annual decline and are clearly marked as projected.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 0 | 2026 | 0 | $48,391 | 100% | Market |
| 1 | 2025 | 12,000 | $48,885 | 101% | Market |
| 2 | 2024 | 24,000 | $41,753 | 86% | Market |
| 3 | 2023 | 36,000 | $41,864 | 87% | Market |
| 4 | 2022 | 48,000 | $38,643 | 80% | Market |
| 5 | 2021 | 60,000 | $34,691 | 72% | Market |
| 6 | 2020 | 72,000 | $31,421 | 65% | Market |
| 7 | 2019 | 84,000 | $28,899 | 60% | Market |
| 8 | 2018 | 96,000 | $23,775 | 49% | Market |
| 9 | 2017 | 108,000 | $21,502 | 44% | Market |
| 10 | 2016 | 120,000 | $19,152 | 40% | Market |
| 11 | 2015 | 132,000 | $16,837 | 35% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Chevrolet Silverado 1500 depreciation FAQ.
How fast does the Chevrolet Silverado 1500 depreciate?
About 9.2% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Chevrolet Silverado 1500 worth after 10 years?
A 2016 Chevrolet Silverado 1500 is worth roughly $19,152—about 40% of the newest year's fair price.
What will a Chevrolet Silverado 1500 be worth at 11 years old?
Projecting the 9.2%-per-year rate forward, a 11-year-old Chevrolet Silverado 1500 (around 132,000 miles) would be worth about $16,837—roughly 35% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 8/1/2026. Estimates only; your car's value depends on condition, options, and location.