Used 2020 Chevrolet Silverado 1500 for Sale nearRaleigh, NC

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 8.09% compared to this time last year, making it a favorable time to shop this model year.

There are 9,634 listings available, which gives you a solid pool of trucks to compare by trim, mileage, and equipment.

Is the 2020 Chevrolet Silverado 1500 a good car?

Generally — with a 4.48/5 user rating and a 7.17/10 expert rating, the 2020 Chevrolet Silverado 1500 lands as a broadly appealing full-size pickup with clear strengths and a few notable compromises. The standout strength is Performance at 9/10.

Owners repeatedly praise the excellent fuel economy, smooth performance, and spacious interior. Those themes line up with the truck’s broad usefulness for work, play, and everyday driving, especially if you want a comfortable full-size pickup with strong everyday usability.

The trade-offs are just as clear: the available advanced safety features are not standard, and the cabin can feel dated and less refined than the price suggests. The overview also frames it as a truck with broad appeal, but one that still has some notable shortcomings.

With 30.2% of listings priced as good or great deals, there’s enough market activity to make comparison shopping worthwhile.

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 people can count on for excellent fuel economy, smooth performance, and a spacious interior, which are all traits that tend to support confidence over time. The expert evaluation also emphasizes the Silverado’s broad powertrain choices and strong everyday usability, which reinforces the sense that it’s built to handle regular use without feeling limited.

Chevrolet also gives you your first scheduled service free of charge, which helps soften early ownership costs. Even so, the truck’s value concerns and uneven feature availability mean you should still pay close attention to how a used example was equipped and maintained.

For used buyers, the main long-term risk is ending up with a truck that lacks the safety and convenience equipment you expected for the money.

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

At 73.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether any prior damage affected the frame, body panels, or safety systems. After that, prioritize a careful inspection of the cabin, cameras, and driver-assistance equipment, since the truck’s feature content varies a lot by trim. It also makes sense to focus on overall condition and equipment level, because the Silverado’s value depends heavily on how well it was optioned.

Key things to evaluate:

• Trim level: The Silverado’s trims range from WT and Custom to LT, RST, LTZ, and High Country, and the feature spread is wide. Base versions are much more stripped down, while higher trims bring a more upscale feel and more available convenience and safety equipment.
• Powertrain: You get a choice among multiple engines, including a new 3.0-liter turbodiesel 6-cylinder for 2020, plus broader availability of the turbocharged 2.7-liter 4-cylinder, 6.2-liter V8, and 10-speed automatic. The diesel stands out for efficiency, 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, camera-based adaptive cruise control, blind-spot warning, and rear cross-traffic warning, but availability is uneven. LTZ and High Country get the most complete set, while LT and RST can add only some features.
• Infotainment: You get 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 3.0-liter turbodiesel returns up to 27 mpg on the highway, and the test truck averaged 16.8 mpg in combined-style driving with the 6.2-liter V8.

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:

• WT: This is the work-focused starting point, so it makes sense if you want the lowest-cost path into the Silverado lineup and don’t need many extras.
• Custom: This trim adds a bit more everyday appeal while staying relatively accessible, making it a sensible step up if you want more personality without chasing luxury features.
• LT: This is the best-value trim for many shoppers because it sits in the middle of the lineup and can be paired with useful equipment and broader powertrain availability.
• RST: Choose this if you want a more style-forward truck with a sportier look and the ability to add some helpful safety equipment.
• LTZ: This is the trim to target if you want the most complete safety and convenience package, including the full driver-assistance suite.
• High Country: This is the upscale choice if you want the most premium Silverado experience and are willing to pay for it.

For safety, the most complete driver-assistance content is reserved for LTZ and High Country, while LT and RST can add only some of the available warning systems.

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 listings.

• Deal availability: 30.2% of listings are priced as good or great deals.
• Inventory: There are 9,634 listings available.
• Price trend: Prices have softened 8.09% compared with last year.
• Clean inventory: 73.6% of listings are accident-free.

If you find a listing below $28,438, 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 $28,438 sits slightly below last year's $30,941.

That price decline suggests the market has become a bit more favorable for buyers, which can put some pressure on future resale expectations. If you buy now, you may benefit from softer pricing up front, but a seller later may need to compete more aggressively if the market stays well supplied.

The Silverado’s broad appeal helps support demand, especially for shoppers who want a full-size truck with strong usability and multiple configurations. Well-equipped examples with desirable powertrains and strong condition should hold up better than stripped trucks with limited equipment.

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. It also earns a Marginal IIHS 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 standard safety equipment includes a rear-seat reminder system and Teen Driver driving report card technology. Chevrolet’s more advanced driver-assistance systems are not widely standard, though: 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.

The main safety caveat is that the Silverado’s advanced safety tech is too restricted by trim, and the IIHS headlight result is a real weakness you should factor into your used-car search.

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:

• 30.2% of listings are priced as good or great deals.
• At 73.6% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 8.09% compared with last year.
• Owners rate it 4.48/5 — a solid satisfaction signal.
• It adds a new 3.0-liter turbodiesel, broader powertrain availability, and a camera-based adaptive cruise control system.

Consider the 2019 if:

• At $26,419, the 2019 costs less than the current year's $28,438 average.
• The redesign brought stronger core capability and a more appealing overall truck feel.

Consider the 2021 if:

• At $31,211, the 2021 costs more than the current year's $28,438 average.
• It adds a more refined mix of powertrain choices and user-friendly tech.

The bottom line: The 2020 is the right pick if you want the updated powertrain and tech mix without paying more for the next model year. If you’re especially price-sensitive, the 2019 can save you money, while the 2021 makes sense if you want to spend more for a slightly newer truck and are willing to pay the premium.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.