Chevrolet Silverado 1500 Depreciation Rate and Curve

Are you researching the depreciation rates in a Chevrolet Silverado 1500? On this page, we'll list all the depreciation information for the 32 years of data we have for the Chevrolet Silverado 1500 - from 1989 to the most recent model in 2020.

Chevrolet Silverado 1500 Historical Depreciation Table

Below is a historical table for the Chevrolet Silverado 1500 that displays year by year depreciation data.
Model Year Price When New (%) Current Depreciation ($) Current Depreciation Current Residual Value
2020 $41,040 6% $2,290 $38,750
2019 $40,444 0% $-40 $40,484
2018 $39,280 23% $9,191 $30,089
2017 $39,252 18% $6,982 $32,270
2016 $38,710 25% $9,522 $29,188
2015 $38,125 28% $10,840 $27,285
2014 $36,360 33% $12,004 $24,356
2013 $34,132 44% $15,129 $19,003
2012 $33,137 54% $17,948 $15,189
2011 $31,585 56% $17,831 $13,754
2010 $31,264 59% $18,539 $12,725
2009 $30,876 63% $19,355 $11,521
2008 $28,288 65% $18,316 $9,972
2007 $27,824 68% $18,834 $8,990
2006 $27,880 74% $20,551 $7,329
2005 $29,628 79% $23,267 $6,361
2004 $28,911 80% $23,256 $5,655
2003 $26,901 81% $21,726 $5,175
2002 $26,302 82% $21,545 $4,757
2001 $24,498 83% $20,223 $4,275
2000 $23,812 55% $13,162 $10,650
1999 $22,978 60% $13,819 $9,159
1998 $19,246 57% $11,060 $8,186
1997 $18,515 55% $10,215 $8,300
1996 $17,939 55% $9,839 $8,100
1995 $17,186 53% $9,036 $8,150
1994 $16,330 57% $9,250 $7,080
1993 $15,350 46% $7,133 $8,217
1992 $14,892 46% $6,842 $8,050
1991 $14,621 15% $2,203 $12,418
1990 $13,935 6% $771 $13,164
1989 $13,027 51% $6,602 $6,425

Forecasted Depreciation

Model Year Forecast Value Forecast Period (years)
2020 $29,549 5
2019 $29,549 5
2018 $29,549 5
2017 $29,549 5
2016 $29,549 5
2015 $29,549 5
2014 $29,549 5
2013 $29,549 5
2012 $29,549 5
2011 $29,549 5
2010 $29,549 5
2009 $29,549 5
2008 $29,549 5
2007 $29,549 5
2006 $29,549 5
2005 $29,549 5
2004 $29,549 5
2003 $29,549 5
2002 $29,549 5
2001 $29,549 5
2000 $29,549 5
1999 $29,549 5
1998 $29,549 5
1997 $29,549 5
1996 $29,549 5
1995 $29,549 5
1994 $29,549 5
1993 $29,549 5
1992 $29,549 5
1991 $29,549 5
1990 $29,549 5
1989 $29,549 5