Market retention
Chevrolet Silverado 1500 value after 10 years.
A 2016 Chevrolet Silverado 1500 is worth about $14,320–$21,913 today, depending on trim. That's 47.9% to 63.1% below original MSRP.
Current fair price
$14,320–$21,913
Compared with the original MSRP for the same trim.
Newest market year
2026
Fair price $48,837
Price today by trim
$14,320–$21,913
Current market range for matching trims
Price vs. original MSRP
47.9% to 63.1% below original MSRP
6 matching trims in 2016
Observed market data
Current market value by model year.
Each bar compares a year's current fair price with the newest Chevrolet Silverado 1500 in this study.
2026
Newest year
$48,837 100%2025
1 years old
$45,480 93%2024
2 years old
$42,115 86%2023
3 years old
$37,317 76%2022
4 years old
$37,385 77%2021
5 years old
$33,075 68%2020
6 years old
$30,596 63%2019
7 years old
$28,603 59%2018
8 years old
$23,775 49%2017
9 years old
$20,422 42%2016
10 years old
$18,783 38%
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 | $48,837 | 100% | Market |
| 1 | 2025 | 12,000 | $45,480 | 93% | Market |
| 2 | 2024 | 24,000 | $42,115 | 86% | Market |
| 3 | 2023 | 36,000 | $37,317 | 76% | Market |
| 4 | 2022 | 48,000 | $37,385 | 77% | Market |
| 5 | 2021 | 60,000 | $33,075 | 68% | Market |
| 6 | 2020 | 72,000 | $30,596 | 63% | Market |
| 7 | 2019 | 84,000 | $28,603 | 59% | Market |
| 8 | 2018 | 96,000 | $23,775 | 49% | Market |
| 9 | 2017 | 108,000 | $20,422 | 42% | Market |
| 10 | 2016 | 120,000 | $18,783 | 38% | Market |
| 11 | 2015 | 132,000 | $17,214 | 35% | Projected |
Mileage assumes ~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 mileage-adjusted fair prices across Chevrolet Silverado 1500 model years. It is a market snapshot, 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 $14,320–$21,913 today, depending on trim. Compared with original MSRP, values run 47.9% to 63.1% 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 $17,214—roughly 35% of the newest model year's value. A projection, not a guarantee.
Cross-sectional market-value estimate from live listings, adjusted for mileage · updated 8/25/2026. Estimates only; your car's value depends on condition, options, and location.