Market retention
Chevrolet Silverado 1500 value after 10 years.
A 2016 Chevrolet Silverado 1500 is worth about $15,424–$21,903 today, depending on trim. That's 43.9% to 64.9% below original MSRP.
Typical asking price
$15,424–$21,903
Compared with the original MSRP for the same trim.
Newest market year
2026
Typical asking price $51,783
Price today by trim
$15,424–$21,903
Current market range for matching trims
Price vs. original MSRP
43.9% to 64.9% below original MSRP
6 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's typical asking price, at typical mileage, with the newest Chevrolet Silverado 1500 in this study.
2026
Newest year
$51,783 100%2025
1 years old
$41,764 81%2024
2 years old
$39,261 76%2023
3 years old
$36,197 70%2022
4 years old
$35,425 68%2021
5 years old
$32,549 63%2020
6 years old
$30,021 58%2019
7 years old
$28,057 54%2018
8 years old
$23,289 45%2017
9 years old
$21,008 41%2016
10 years old
$19,336 37%
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.
Check a specific year
See the current typical asking price.
2026 Chevrolet Silverado 1500 price reportLong-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 | $51,783 | 100% | Market |
| 1 | 2025 | 12,000 | $41,764 | 81% | Market |
| 2 | 2024 | 24,000 | $39,261 | 76% | Market |
| 3 | 2023 | 36,000 | $36,197 | 70% | Market |
| 4 | 2022 | 48,000 | $35,425 | 68% | Market |
| 5 | 2021 | 60,000 | $32,549 | 63% | Market |
| 6 | 2020 | 72,000 | $30,021 | 58% | Market |
| 7 | 2019 | 84,000 | $28,057 | 54% | Market |
| 8 | 2018 | 96,000 | $23,289 | 45% | Market |
| 9 | 2017 | 108,000 | $21,008 | 41% | Market |
| 10 | 2016 | 120,000 | $19,336 | 37% | Market |
| 11 | 2015 | 132,000 | $19,211 | 37% | Projected |
Mileage assumes approx. 12,000 mi/yr. Projected values extend the observed market trend and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Common questions
Chevrolet Silverado 1500 market-value FAQ.
How does Chevrolet Silverado 1500 market value vary by model year?
This study compares typical asking prices, at typical mileage, across Chevrolet Silverado 1500 model years. It is a snapshot of what listings ask, not the resale history of one vehicle.
What is a 2016 Chevrolet Silverado 1500 worth compared with its original MSRP?
A 2016 Chevrolet Silverado 1500 is worth about $15,424–$21,903 today, depending on trim. Compared with original MSRP, values run 43.9% to 64.9% below original MSRP.
What will a Chevrolet Silverado 1500 be worth at 11 years old?
Extending the observed market trend, a 11-year-old Chevrolet Silverado 1500 (around 132,000 miles) would be worth about $19,211—roughly 37% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 10/28/2026. Estimates only; your car's value depends on condition, options, and location.