How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 7.24% compared to this time last year, making it a favorable time to shop this model year.

With 9,519 listings available, you have a healthy amount of inventory to compare across trims and configurations.

If you find a listing below $28,933.54, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Chevrolet Silverado 1500 a good car?

Generally — 4.48/5 from owners and 7.17/10 from experts, the 2020 Chevrolet Silverado 1500 lands as a solid but not flawless choice. The standout strength is Performance at 9/10.

Owners consistently praise the excellent fuel economy, smooth performance, and spacious interior. The truck also stands out for its multiple powertrain options, which gives you flexibility depending on how you plan to use it.

The trade-offs are clear: some buyers note a lack of certain features for the price, and the cabin can feel less polished than you might expect at higher trims. That matters most if you want a truck that feels as refined as it is capable.

If you want a full-size pickup that balances work-ready utility with everyday comfort, this model year fits that brief well. The market also shows 29.9% good or great deals, which gives you room to shop selectively.

Is the 2020 Chevrolet Silverado 1500 reliable?

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

The owner feedback points to a truck that feels dependable and trouble-free in day-to-day use, with buyers especially appreciating its smooth performance and spacious interior over time. That kind of feedback usually matters most when you’re trying to judge whether a used truck will keep feeling solid after the sale.

The expert review also reinforces the Silverado’s durability-minded character through its strong powertrain lineup and work-ready design. Chevrolet’s first scheduled service is free of charge, which is a nice ownership perk early on.

For used buyers, the main long-term risk is not mechanical confidence so much as whether the truck was equipped and maintained in a way that matches your expectations.

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

At 73.8% 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 pre-purchase inspection, especially if you’re considering a higher-mileage truck or one with towing use. Focus on condition details that matter in a pickup: cabin wear, camera quality, and evidence of hard use.

Key things to evaluate:

• Trim level: The lineup spans WT, Custom, LT, RST, LTZ, and High Country, and the base versions leave out several convenience and safety upgrades that matter if you want a more modern-feeling truck.
• Powertrain: You get a wide engine spread, including a 3.0-liter turbodiesel, and the diesel can deliver up to 27 mpg on the highway; the 6.2-liter V8 is the expert’s recommended engine.
• 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, while blind-spot warning with rear cross-traffic warning can be added to LT and RST.
• Infotainment: You’ll find a 7-inch or 8-inch touchscreen with Apple CarPlay, Android Auto, Chevrolet Connected Access services, and a 4G LTE WiFi hotspot; upgrades include navigation, wireless device charging, and a Bose premium sound system.
• Fuel efficiency: The 3.0-liter turbodiesel 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, Custom, LT, RST, LTZ, and High Country.

Here's the short version:

• Base trim: WT is the most stripped-down choice, and you give up the broader safety and convenience content that appears on higher trims.
• Sweet-spot trim: LT is the best value if you want a more balanced mix of equipment, and it can also be paired with added safety content that isn’t standard on the base truck.
• Premium/top trim: High Country is the most upscale choice, with the broadest access to advanced driver-assistance features and the most luxury-oriented presentation.
• Off-road trim: LT Trail Boss is the one to watch if you want off-road hardware, but its all-terrain setup can make pavement driving less polished.

The safety-package trim note is simple: the most important advanced driver-assistance features are concentrated in LTZ and High Country, so you should shop those trims if safety tech is a priority.

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

This is a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile deals.

• Deal availability: 29.9% of listings are priced as good or great deals.
• Inventory: There are 9,519 listings available.
• Price trend: Prices have softened 7.24% compared with last year.
• Clean inventory: 73.8% of listings are accident-free.

If you find a listing below $28,933.54, 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 $29,235 sits slightly below last year's $31,517.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently now if you plan to keep the truck for several years. For a future seller, the softer entry price may limit upside in the near term, but strong demand for full-size pickups should still support liquidity.

The Silverado’s broad appeal, especially among buyers who want a versatile work-and-family truck, helps keep it relevant in the used market. If you maintain it well and choose a desirable configuration, you should have a better shot at holding value.

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 Silverado earns a four-star overall rating from NHTSA, and IIHS gives it a Marginal rating for front passenger protection in a small overlap frontal-impact collision on the right side, with a Good rating for the driver on the left side. IIHS also rates the headlights Poor.

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 to higher trims: 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 important collision-avoidance tech is not broadly standard, so you should pay close attention to trim level if safety matters to you.

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:

• 29.9% of listings are priced as good or great deals.
• At 73.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.24% compared with last year.
• Owners rate it 4.48/5 — a solid satisfaction signal.
• The 2020 adds a new 3.0-liter turbodiesel and broader powertrain availability.

Consider the 2019 if:

• At $26,972, the 2019 costs less than the current year's $29,235 average.
• The redesign brought a roomier, more modern-feeling Silverado with stronger comfort and tech.

Consider the 2021 if:

• At $31,944, the 2021 costs more than the current year's $29,235 average.
• It adds a highly praised diesel option and improved user-friendly technology.

The bottom line: If you want the best balance of price, inventory, and updated powertrain choices, the 2020 is the primary year to target. If your budget is tighter, the 2019 can save you money, while the 2021 makes sense if you want to pay more for the later update.

These recommendations are based on CarGurus' proprietary market data from July 31, 2026, CarGurus experts' opinions, and generative AI.