Used 2020 Chevrolet Silverado 1500 for SaleNationwide

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 8.20% compared to this time last year, making it a favorable time to shop this model year.

There are 9,740 listings available, which suggests you should have a solid range of choices.

Is the 2020 Chevrolet Silverado 1500 a good car?

Yes — the 2020 Chevrolet Silverado 1500 earns a 4.5/5 user rating and a 7.17/10 expert rating. The standout strength is Performance at 9/10.

Owners consistently praise its excellent fuel economy, smooth performance, and spacious interior. The truck also fits buyers who want a full-size pickup that can handle work, play, and everyday use with a broad range of capability and equipment choices.

The trade-offs are familiar: advanced safety features are not standard, and value for money is a weak point. The overview also points to missing features for the price, which matters if you expect a more premium cabin experience.

The market still shows healthy interest, with 33.7% of listings marked as good or great deals.

Is the 2020 Chevrolet Silverado 1500 reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The owner feedback points to a truck that feels dependable in daily use, with praise for its smooth performance, spacious cabin, and overall satisfaction. That kind of response usually matters most when you want a used truck you can count on over time.

The expert evaluation also emphasizes strong performance and a truck that feels capable and composed in real-world driving. Chevrolet’s first scheduled service is free of charge, which is a small ownership perk that helps early maintenance costs.

For used buyers, the main long-term risk is less about basic durability and more about whether the truck was maintained well and equipped with the features you want.

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

At 73% 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 the truck has been used for towing, off-roading, or heavy work. Pay close attention to body condition, camera functionality, cabin wear, and any signs that the truck has lived a harder life than the odometer suggests.

Key things to evaluate:

• Trim level: The Silverado’s trims range from work-focused to luxury-oriented, and the base versions are the most likely to leave out the comfort and convenience features you may want. Higher trims add a more upscale feel, while off-road-oriented versions bring a more rugged appearance and hardware.
• Powertrain: You get multiple engine choices, including a 3.0-liter turbodiesel 6-cylinder, plus broader availability of the turbocharged 2.7-liter 4-cylinder, 6.2-liter V8, and 10-speed automatic transmission. The diesel can return up to 27 mpg on the highway.
• 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.
• Infotainment: You’ll find 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, and a 7-speaker Bose sound system.
• Fuel efficiency: The diesel engine 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 (Work Truck), Custom, LT, RST, LTZ, and High Country.

Here's the short version:

• WT (Work Truck): This is the most basic choice, aimed at buyers who want a straightforward work truck and do not need much in the way of extra comfort or convenience equipment.
• Custom: This trim adds a bit more everyday appeal than the WT while staying on the value end of the lineup, making it a sensible pick if you want a little more personality without moving far upmarket.
• LT: This is the best-value trim for many shoppers because it sits in the middle of the range and can be equipped with useful upgrades, including added safety content on some versions.
• RST: Choose this if you want a more style-focused Silverado with a sportier look and the ability to add helpful safety equipment.
• LTZ: This is the first trim where the most important driver-assistance features become standard, so it makes sense if safety tech matters to you.
• High Country: This is the most upscale choice, with the broadest mix of comfort and technology features for buyers who want a more premium truck experience.

The key safety-package note is that the most important advanced driver-assistance features are not widely standard, so trim choice matters a lot here.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 33.7% of listings are priced as good or great deals.
• Inventory: There are 9,740 listings available.
• Price trend: Prices have softened 8.20% compared with last year.
• Clean inventory: 73.0% of listings are accident-free.

If you find a listing below $28,137, 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 $28,137 sits slightly below last year's $30,651.

That price movement suggests the truck has already absorbed some depreciation, which can help future resale stability if you buy at the right price. If you shop carefully now, you may reduce the amount of value lost during your ownership period.

Strong demand also helps support resale, especially for a popular full-size pickup with broad appeal and multiple configurations. Well-equipped trucks with desirable powertrains and clean histories should be easier to move later than neglected examples.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, 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, and the IIHS gives it a Marginal rating for front passenger protection in a small overlap frontal-impact collision on the right side.

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

Chevrolet includes a rear-seat reminder system and Teen Driver driving report card technologies as standard equipment. 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 caveat is that the Silverado’s safety tech is not broadly standard, and the IIHS headlight result is Poor. That makes trim selection and option content especially important if safety is a priority.

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:

• 33.7% of listings are priced as good or great deals.
• At 73% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 8.20% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.
• The 2020 adds a new 3.0-liter turbodiesel engine, a bed-view camera, and camera-based adaptive cruise control.

Consider the 2019 if:

• At $26,051, the 2019 costs less than the current year's $28,137 average.
• It’s the redesigned version that improved the truck in the ways that matter most.

Consider the 2021 if:

• At $30,741, the 2021 costs more than the current year's $28,137 average.
• It broadens powertrain choices and adds easy-to-use tech.

The bottom line: If you want the best balance of price, features, and market availability, the 2020 is the strongest all-around pick. If your priority is saving money, the 2019 is the better value path; if you want a newer truck and can spend more, the 2021 is the upgrade route.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.