Used 2020 Chevrolet Silverado 1500 for Sale nearChicago, IL

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 7.80% compared to this time last year, making it a favorable time to shop this model year.

There are 9,585 listings available, which suggests solid inventory availability.

Is the 2020 Chevrolet Silverado 1500 a good car?

Generally — the 2020 Chevrolet Silverado 1500 earns a 4.48/5 user rating and a 7.17/10 expert rating, so you’re looking at a truck that owners like more than the expert score might suggest. The standout strength is Performance at 9/10.

Owners repeatedly praise the excellent fuel economy, smooth performance, and spacious interior. The overview also points to broad appeal for work, play, and everyday use, which fits a truck that can serve as a daily driver as well as a utility vehicle.

The main trade-offs are that advanced safety features are not standard and the truck is described as poor value for money. That means you may like the Silverado most if you want a comfortable full-size pickup with strong everyday usability and can live with paying more for the features you want.

Only 30.4% of listings are priced as good or great deals, so the market is selective rather than deeply discounted.

Is the 2020 Chevrolet Silverado 1500 reliable?

Owners rate it 4.48/5, a solid signal of long-term satisfaction.

Owner feedback points to a truck that many drivers find satisfying over time, with praise for its smooth performance, spacious interior, and excellent fuel economy. That kind of feedback suggests you can count on it for everyday use if you choose a well-kept example.

The expert review also emphasizes broad powertrain availability and a truck that feels capable in real-world driving, which supports the idea of dependable long-term ownership when maintained properly. Chevrolet also includes the first scheduled service free of charge.

For used buyers, the main long-term risk is less about outright failure and more about buying a truck that was poorly equipped or not maintained as carefully as it should have been.

What should I look for when buying a used 2020 Chevrolet Silverado 1500?

At 73.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and then prioritize a hands-on inspection of body panels, paint consistency, and any signs of prior repair. Because accident history is common enough to matter, condition should carry extra weight in your decision.

Pay close attention to whether the truck has the features you want, since some important safety equipment is limited to higher trims. It’s also worth checking the infotainment setup and powertrain configuration so you know exactly what you’re getting.

Key things to evaluate:

• Trim level: The Silverado’s trims range from work-focused to luxury-oriented, and the base setup is more stripped down than higher trims. The cabin design is also described as busy and dated, so you should compare interior finish and equipment carefully before paying more for appearance or comfort.
• Powertrain: You can choose among multiple engines, including a 3.0-liter turbodiesel 6-cylinder, a turbocharged 2.7-liter 4-cylinder, a 5.3-liter V8, and a 6.2-liter V8, with different transmission availability depending on trim and configuration. The diesel can return up to 27 mpg on the highway, while the 6.2-liter V8 is described as the recommended engine for its strong thrust.
• Safety package: Forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control are limited to LTZ and High Country. Blind-spot warning with rear cross-traffic warning can be added to LT and RST, so lower trims may leave you short on standard driver assistance.
• Infotainment: You get either a 7-inch or 8-inch touchscreen with Apple CarPlay, Android Auto, Chevrolet Connected Access, and a 4G LTE WiFi hotspot. Available upgrades include navigation, wireless device charging, a head-up display, and a camera-based rearview mirror.
• Fuel efficiency: The diesel engine returns up to 27 mpg on the highway, and the test truck averaged 16.8 mpg in combined driving.

Which 2020 Chevrolet Silverado 1500 trim should I buy?

The 2020 Chevrolet Silverado 1500 is offered in 6 trim levels: WT (Work Truck), Custom, LT, RST, LTZ, and High Country.

Here's the short version:

• WT (Work Truck): This is the most basic path into the Silverado lineup, so it makes sense if you want the truck’s core capability and plan to keep costs down. It’s the trim most likely to leave you wanting more standard convenience and safety equipment.
• Custom: This is the first step up if you want a little more personality without moving far up the price ladder. It’s a better fit if you want a more livable daily driver than the WT but still care about value.
• LT: This is the best-value trim for many shoppers because it sits in the middle of the lineup and opens the door to more desirable equipment. It’s also one of the trims that can add blind-spot warning with rear cross-traffic warning.
• RST: Choose this if you want a more style-forward Silverado with broader equipment appeal. It also can add blind-spot warning with rear cross-traffic warning, which helps make it a more balanced pick than the lower trims.
• LTZ: This is where the Silverado’s more advanced safety and convenience features become available, including forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control. It’s the trim to target if safety tech matters most.
• High Country: This is the top-end choice if you want the most upscale Silverado experience and the same advanced safety availability as LTZ. It suits you best if you want luxury-leaning equipment and don’t mind paying for it.

Safety-package note: the most advanced driver-assistance features are limited to LTZ and High Country, while LT and RST can add only some safety equipment.

Is now a good time to buy a used 2020 Chevrolet Silverado 1500?

This is a moderate, selective buyer’s market, so you should shop carefully and be ready to move when you find the right truck.

• Deal availability: 30.4% of listings are priced as good or great deals.
• Inventory: There are 9,585 listings available.
• Price trend: Prices have softened 7.80% compared with last year.
• Clean inventory: 73.4% of listings are accident-free.

If you find a listing below $28,601, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Silverado 1500's resale value?

The current average of $28,601 sits slightly below last year's $31,020.

That decline suggests the market has already adjusted downward, which can help you as a buyer but may temper resale expectations if you plan to sell soon. If you buy at the right price, you may have less room for appreciation later, so condition and trim choice matter more.

The Silverado’s broad appeal and strong owner satisfaction can help support demand, especially for well-equipped examples with desirable powertrains. Trucks with the right mix of features and condition tend to hold attention better than stripped or poorly maintained ones.

Vehicles with solid owner satisfaction ratings, like this model year's 4.48/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Chevrolet Silverado 1500 safe?

The 2020 Chevrolet Silverado 1500 earns a four-star overall rating from NHTSA, with four-star ratings for driver and front passenger protection in a head-on collision. In IIHS testing, it earned a Marginal rating for front passenger protection in a small overlap frontal-impact collision on the right side, a Good rating for the driver on the left side, and Poor headlights.

It earns a 5/10 safety score from our experts.

Standard safety equipment includes a rear-seat reminder system and Teen Driver driving report card technologies. More advanced driver-assistance features are limited: forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control are reserved for LTZ and High Country, while blind-spot warning with rear cross-traffic warning can be added to LT and RST.

The main safety caveat is that the Silverado’s advanced safety tech is not widely standard, and its crash-test results are imperfect. If safety is a top priority, you should focus on trims that unlock the broader driver-assistance suite.

Should I buy a 2020 Chevrolet Silverado 1500 or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 30.4% of listings are priced as good or great deals.
• At 73.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.80% compared with last year.
• Owners rate it 4.48/5 — a solid satisfaction signal.
• It adds a new turbodiesel engine, broader powertrain availability, and camera-based convenience upgrades.

Consider the 2019 if:

• At $26,507, the 2019 costs less than the current year's $28,601 average.
• The redesign brought stronger core truck appeal and more brand-pride appeal for loyal Chevy buyers.

Consider the 2021 if:

• At $31,340, the 2021 costs more than the current year's $28,601 average.
• It emphasizes a broad powertrain lineup and easy-to-use tech with a strong diesel recommendation.

The bottom line: If you want the best balance of price, features, and inventory, the 2020 is the primary path to consider. If you’re especially price-sensitive, the 2019 can save you money, while the 2021 makes sense if you’re willing to pay more for a newer-year alternative.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.