Used 2020 Chevrolet Silverado 1500 for Sale near Colorado

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 7.79% compared to this time last year, making it a favorable time to shop this model year.

There are 9,559 listings available, which suggests you have a healthy amount of inventory to compare.

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. The standout strength is Performance at 9/10.

Owners consistently praise the excellent fuel economy, smooth performance, and spacious interior. The truck also gets credit for its comfortable ride and broad everyday usability, which fits a full-size pickup meant for work, play, and daily driving.

The trade-offs are clear: the truck’s advanced safety features are not standard, and the cabin can feel less refined than the price suggests. That matters most if you want a truck that feels fully equipped without moving up the trim ladder.

With its wide range of configurations and modern convenience features, it makes the most sense if you want a versatile full-size pickup rather than a luxury-leaning one. The market still shows 29.2% good or great deals, so there are opportunities if you shop carefully.

Is the 2020 Chevrolet Silverado 1500 reliable?

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

User feedback points to a truck that owners generally trust, with praise for its smooth performance, excellent fuel economy, and spacious interior. That kind of recurring satisfaction usually lines up with a vehicle people feel comfortable keeping for the long haul.

The expert evaluation also supports that sense of dependability by highlighting the Silverado’s broad powertrain choices and everyday usability. On the cost side, Chevrolet includes the first scheduled service free of charge, which is a small ownership perk.

For used buyers, the main long-term risk is less about basic durability and more about whether the truck you choose has the equipment and condition you expect for the money.

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

At 73.3% 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, cameras, and interior condition. Because some listings may have prior damage, you’ll want to focus on how well the truck has been repaired and whether the equipment works as intended.

Pay extra attention to the features that matter most to you, since some safety and convenience items are trim-dependent. If you’re shopping a truck that’s been used hard, condition matters as much as mileage.

Key things to evaluate:

• Trim level: The Silverado comes in WT (Work Truck), Custom, LT, RST, LTZ, and High Country, with Regular Cab, Double Cab, and Crew Cab body styles. The base trims are much more stripped down, while higher trims add the features and polish that make the truck feel more complete.
• Powertrain: Chevrolet offers five engines and three transmissions, including a new 3.0-liter turbodiesel 6-cylinder, a turbocharged 2.7-liter 4-cylinder, a 6.2-liter V8, and a 10-speed automatic on more versions. The diesel is the efficiency play, while the 6.2-liter V8 is the strongest-feeling option.
• Safety package: The Silverado’s driver-assistance suite includes forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control, but those features are not standard across the lineup. Blind-spot warning with rear cross-traffic warning can be added to LT and RST.
• Infotainment: You get a 7-inch or 8-inch touchscreen with Apple CarPlay, Android Auto, Chevrolet Connected Access services, and a 4G LTE WiFi hotspot. Available upgrades include navigation, wireless device charging, and a Bose premium sound system.
• Fuel efficiency: The diesel engine returns up to 27 mpg on the highway, and the test truck averaged 16.8 mpg with Autotrac in Auto mode.

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 choice, so it makes sense if you want the Silverado’s core capability at the lowest entry point and don’t need much in the way of extras.
• Custom: This is the better-value step up if you want a little more everyday appeal without jumping too far up the price ladder.
• LT: This is the trim to target if you want the broadest balance of equipment and value, especially since more features and powertrain choices become available here.
• RST: Choose this if you want a more style-focused truck with a sportier look and the ability to add useful safety equipment.
• LTZ: This is the first trim where the advanced driver-assistance features become available, so it suits buyers who want more safety tech.
• High Country: This is the luxury-leaning choice if you want the most upscale Silverado experience and the fullest feature set.

The safety-package gap is important here: the advanced driver-assistance systems are not widely available until LTZ and High Country, so trim choice has a real impact on what safety tech you get.

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

This is a moderate, selective buyer’s market, so you have room to shop, compare, and negotiate.

• Deal availability: 29.2% of listings are priced as good or great deals.
• Inventory: There are 9,559 listings available.
• Price trend: Prices have softened 7.79% compared with last year.
• Clean inventory: 73.3% of listings are accident-free.

If you find a listing below $28,658, 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 $28,658 sits slightly below last year's $31,081.

That price movement suggests the market has cooled enough to help buyers now, but it also means sellers may need to be realistic on asking price. If you plan to resell later, the Silverado’s value will depend heavily on trim, condition, and whether it has the features buyers want.

The truck’s broad appeal helps support demand, especially because it remains a popular full-size pickup with multiple configurations. Strong owner satisfaction also tends to help a model hold attention in the used market.

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.

The Silverado does include a rear-seat reminder system and Teen Driver driving report card technologies as standard equipment. Chevrolet also offers a forward-collision warning system with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control, but those features are limited to LTZ and High Country trim.

That trim-level gap matters if safety tech is a priority, because lower trims miss out on several of the most useful driver-assistance features. The crash-test results also make it worth paying close attention to the exact truck you’re considering.

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:

• 29.2% of listings are priced as good or great deals.
• At 73.3% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.79% 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 $26,571, the 2019 costs less than the current year's $28,658 average.
• It’s a redesigned truck that improved the core qualities truck buyers care about.

Consider the 2021 if:

• At $31,381, the 2021 costs more than the current year's $28,658 average.
• It adds a more refined configuration mix and a standout diesel recommendation.

The bottom line: If you want the best balance of price, inventory, and updated features, the 2020 is the sensible middle ground. If you’re shopping on a tighter budget, the 2019 can save you money, while buyers who want to spend more for a newer model can look to the 2021.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.