Negotiating leverage
46
moderate leverage / 100
~69 days of national supply — moderate negotiating leverage.
Ridekick price intelligence
2023 Chevrolet Silverado 1500 Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$37,317
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$19,990$54,342
- Typical market range
- $32,568–$41,184
- Ridekick fair price
- $37,317
- Original MSRP range
- $45,200–$65,900
Middle 50% of active listings
Mileage-adjusted estimate
6 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
69
days of supply
Buyer's market
Inventory is moving slowly, so buyers typically have more room to negotiate on a 2023 Chevrolet Silverado 1500.
Estimated dealer cost (invoice)
$41,584–$43,392
Estimated dealer invoice — about $45,200 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| Work Truck | $29,345 | — | — |
| Custom | $32,604 | $45,200 | $41,584–$43,392 |
| LT | $34,720 | $50,400 | $46,368–$48,384 |
| RST | $42,103 | $55,200 | $50,784–$52,992 |
| LTZ | $43,205 | $60,500 | $55,660–$58,080 |
| LT Trail Boss | $45,059 | $58,000 | $53,360–$55,680 |
| High Country | $45,356 | $65,900 | $60,628–$63,264 |
| ZR2 | $52,696 | — | — |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$26,421$47,623$68,824
Fair priceWork Truck
$29,345
Work Truck: fair price $29,345, original MSRP not available, estimated dealer cost not available.
Custom
$32,604
Custom: fair price $32,604, original MSRP $45,200, estimated dealer cost $41,584 to $43,392.
LT
$34,720
LT: fair price $34,720, original MSRP $50,400, estimated dealer cost $46,368 to $48,384.
RST
$42,103
RST: fair price $42,103, original MSRP $55,200, estimated dealer cost $50,784 to $52,992.
LTZ
$43,205
LTZ: fair price $43,205, original MSRP $60,500, estimated dealer cost $55,660 to $58,080.
LT Trail Boss
$45,059
LT Trail Boss: fair price $45,059, original MSRP $58,000, estimated dealer cost $53,360 to $55,680.
High Country
$45,356
High Country: fair price $45,356, original MSRP $65,900, estimated dealer cost $60,628 to $63,264.
ZR2
$52,696
ZR2: fair price $52,696, original MSRP not available, estimated dealer cost not available.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2023 Chevrolet Silverado 1500 runs about $42,175 in MT to $45,666 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $3,035 | $110+ | $45,009 |
| TX | $2,617 | $332 | $44,813 |
| FL | $2,512 | $1,074+ | $45,450 |
| NY | $1,675 | $371 | $43,910 |
| PA | $2,512 | $587 | $44,963 |
| IL | $2,617 | $683 | $45,164 |
| OH | $2,407 | $444 | $44,715 |
| GA | $2,930 | $637 | $45,431 |
| NC | $1,256 | $793 | $43,913 |
| WA | $2,721 | $215+ | $44,800 |
| OR | $0 | $525 | $42,389 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Safety & recalls
3 open NHTSA recalls on record for the 2023 Chevrolet Silverado 1500.
EXTERIOR LIGHTING:LIGHTING CONTROL MODULE:SOFTWARE
General Motors, LLC (GM) is recalling certain 2020-2023 Cadillac CT4 and CT5; 2021-2023 Buick Envision; and 2022-2023 Cadillac Escalade and Escalade ESV, Chevrolet Silverado 1500, Suburban, Tahoe, GMC Sierra 1500, Yukon, and Yukon XL vehicles. The daytime running lights (DRLs) may not deactivate when the headlights are on. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 108, "Lamps, Reflective Devices, and Associated Equipment."
Remedy: The body control module software will be updated by a dealer, or through an over-the-air (OTA) update, free of charge. Owner notification letters were mailed January 23, 2023. Owners may contact GMC customer service at 1-888-988-7267, Chevrolet customer service at 1-800-222-1020, or Cadillac customer service at 1-800-458-8006. GM's number for this recall is N222386380. This recall expands previous recall number 22V-827.
Campaign 22V903000 · 08/12/2022
SERVICE BRAKES, HYDRAULIC:BRAKE FLUID LOW WARNING: LAMP
General Motors, LLC (GM) is recalling certain 2023 Chevrolet Silverado 1500, GMC Sierra 1500, 2023-2024 Chevrolet Tahoe, Suburban, GMC Yukon, Yukon XL, Cadillac Escalade, and Escalade ESV vehicles. The electronic brake control module software may fail to display a warning light when a loss of brake fluid occurs. As such, these vehicles fail to comply with the requirements of Federal Vehicle Safety Standard number 135, "Light Vehicle Brake Systems."
Remedy: The Electronic Brake Control Module (eBCM) software will be updated through an over-the-air (OTA) update or by a dealer, free of charge. Owner notification letters were mailed October 25, 2024. Owners can contact GMC customer service at 1-800-462-8782, Chevrolet customer service at 1-800-222-1020, or Cadillac customer service at 1-800-458-8006. GM's number for this recall is N242447990.
Campaign 24V674000 · 12/09/2024
ENGINE AND ENGINE COOLING:ENGINE:HARD PARTS INTERNAL/MECHANICAL
General Motors LLC (GM) is recalling certain 2021-2024 Cadillac Escalade and Escalade ESV, Chevrolet Silverado 1500, Suburban, and Tahoe, GMC Sierra 1500, Yukon, and Yukon XL vehicles equipped with a 6.2L V8 gas engine. The connecting rod and/or crankshaft engine components may have manufacturing defects that can lead to engine damage and engine failure.
Remedy: Dealers will inspect the engine, and as necessary, repair or replace the engine. For vehicles that pass inspection, dealers will add higher viscosity oil, install 6 oil fill cap, replace the oil filter, and update the owner's manual. Repairs will be performed free of charge. Owner notification letters were mailed June 18, 2025. Owners may contact Cadillac customer service at 1-800-333-4223, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is N252494000.
Campaign 25V274000 · 24/04/2025
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2023 Chevrolet Silverado 1500?
A fair, mileage-adjusted price is about $37,317, within a typical market range of $32,568 to $41,184.
Is the 2023 Chevrolet Silverado 1500 cheaper than MSRP?
Yes — its original MSRP was about $45,200, so a fair used price is roughly $7,883 below MSRP.
What is the out-the-door price of a 2023 Chevrolet Silverado 1500?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $42,175 in MT to $45,666 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2023 Chevrolet Silverado 1500?
There are about 69 days of national market supply for the 2023 Chevrolet Silverado 1500 — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2023 Chevrolet Silverado 1500.
How much can you negotiate on a 2023 Chevrolet Silverado 1500?
Negotiating leverage rates 46/100 (moderate). ~69 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2023 Chevrolet Silverado 1500?
The estimated dealer cost (invoice) is roughly $41,584–$43,392 — its $45,200 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 8/1/2026. Estimates only; your price depends on condition, options, and location.