How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 8.74% compared to this time last year, making it a favorable time to shop this model year.

There are 9,495 listings available, which suggests healthy inventory for you to compare trims and conditions.

If you find a listing below $39,248.05, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Chevrolet Silverado 1500 a good car?

Generally — the 4.36/5 user rating points to strong owner satisfaction, and the expert rating is 8.67/10. The standout strength is Form and function at 10/10.

Owners consistently praise the Silverado 1500 for its power, comfort, fuel economy, and feature content. The overview also points to a truck that works well as a daily driver, a towing tool, and a versatile full-size pickup, while the market data shows 32.3% of listings are priced as good or great deals.

Trade-offs include a rough ride compared with rivals and a polarizing front-end design. Even so, the Silverado’s spacious cabin and broad capability make it a practical fit if you want a truck that can handle commuting, hauling, and family duty.

Is the 2023 Chevrolet Silverado 1500 reliable?

Owners rate it 4.36/5, a solid signal of long-term satisfaction. The owner summary also points to a truck that many drivers find dependable, with positive feedback around its combination of power, comfort, and fuel economy.

The expert drive notes reinforce that sense of durability by describing the Silverado as a capable, work-ready truck with strong performance and broad utility. The cost-effectiveness notes also emphasize that Chevrolet still understands what trucks are really for: power, versatility, and capability.

For used buyers, the main long-term ownership risk is less about basic satisfaction and more about choosing the right configuration and condition, since higher-mileage trucks can vary a lot in how they were used.

What should I look for when buying a used 2023 Chevrolet Silverado 1500?

Accident-free inventory is solid at 89.9% — always verify the vehicle history report.

You should still check the history report carefully, because a clean listing percentage does not replace a proper records review. Prioritize a pre-purchase inspection that focuses on wear from towing, off-road use, and daily commuting. Pay close attention to cabin condition, ride quality, and how well the truck’s features work, especially on higher-mileage examples.

Key things to evaluate:

• Trim level: The WT and Custom trims use the older interior layout, with a smaller screen and more hard controls and dials. Every other trim gets a more modern, high-tech dash design centered around a large touchscreen.
• Powertrain: You get a turbocharged 2.7-liter four-cylinder, optional 5.3-liter and 6.2-liter V8s, and a Duramax turbodiesel. The turbo-four is efficient, while the diesel delivers the strongest fuel economy and the 6.2-liter V8 brings the most towing muscle.
• Safety package: Standard equipment includes automatic emergency braking, forward collision warning, pedestrian detection, automatic high beams, lane-departure warning, and Teen Driver. LTZ adds blind-spot monitoring, rear cross-traffic alert, a surround-view 360-degree camera system, rain-sensing windshield wipers, and front and rear parking sensors.
• Infotainment: WT and Custom use a 7-inch touchscreen with wired Apple CarPlay and Android Auto. Every other trim gets a 13.4-inch touchscreen with wireless Apple CarPlay and wireless Android Auto, plus a fully digital instrument panel.
• Fuel efficiency: The turbodiesel inline-six returns 24 mpg city, 29 mpg highway, and 26 mpg combined. The turbo-four returns 19 mpg city, 22 mpg highway, and 20 mpg combined. The most efficient V8 setup is the 5.3-liter, at 17 mpg city, 21 mpg highway, and 19 mpg combined.

Which 2023 Chevrolet Silverado 1500 trim should I buy?

The 2023 Chevrolet Silverado 1500 is offered in 9 trim levels: WT, Custom, Custom Trail Boss, LT, RST, LT Trail Boss, LTZ, High Country, and ZR2.

Here's the short version:

• Base trim: The WT is the most stripped-down choice, with vinyl upholstery, bench front seating, rubberized flooring, an analog instrument panel, and the smaller 7-inch touchscreen. It gives you the essentials, but it lacks the more modern cabin layout and richer feature set found higher up.
• Sweet-spot trim: The LT is the best all-around step up because it brings the modern dash design, a fully digital instrument panel, dual-zone automatic climate control, a 10-way power driver’s seat, chrome bumpers, and LED in-bed lighting.
• Premium/top trim: The High Country is the luxury-oriented pick, with heated and ventilated front seats, a power-sliding rear window, and the most upscale feel in the lineup.
• Off-road trim: The ZR2 is the most specialized choice, and the Trail Boss variants add 4WD, skid plates, and upgraded shocks. That makes them appealing if you want trail ability, but they are less ideal if your truck will spend most of its time on pavement.

The LTZ is also worth a close look if you want a strong mix of comfort and value, since it adds leather upholstery, wireless device charging, a power-operated tailgate, and extra USB ports. The LTZ also brings the expanded safety package with blind-spot monitoring, rear cross-traffic alert, a surround-view camera, and parking sensors.

Is now a good time to buy a used 2023 Chevrolet Silverado 1500?

This is a moderate buyer’s market, so you have room to shop carefully without rushing.

• Deal availability: 32.3% of listings are priced as good or great deals.
• Inventory: There are 9,495 listings available.
• Price trend: Prices have softened 8.74% compared with last year.
• Clean inventory: 89.9% of listings are accident-free.

If you find a listing below $39,248.05, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Chevrolet Silverado 1500's resale value?

The current average of $39,437 sits slightly below last year's $43,214.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable entry point today. For future resale, that also means your depreciation risk may be more manageable if you buy well and keep the truck in strong condition.

Trucks with broad appeal, strong capability, and good owner satisfaction tend to hold buyer interest better over time. Well-kept examples with desirable equipment and clean history should remain easier to move when you decide to sell.

Vehicles with solid owner satisfaction ratings, like this model year's 4.36/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Chevrolet Silverado 1500 safe?

The Silverado 1500 earns five-star ratings from NHTSA, and the IIHS gives it fairly high scores in crash testing.

It earns a 9/10 safety score from our experts.

Standard safety equipment includes automatic emergency braking, forward collision warning, pedestrian detection, automatic high beams, lane-departure warning, and Teen Driver. If you want more advanced protection, LTZ adds blind-spot monitoring, rear cross-traffic alert, a surround-view 360-degree camera system, rain-sensing windshield wipers, and front and rear parking sensors.

Available upgrades include adaptive cruise control, a head-up display, a rear-camera mirror, and GM’s Super Cruise highway driving system. If you’re shopping lower trims, keep in mind that some of the more advanced driver-assistance features are reserved for higher versions.

Should I buy a 2023 Chevrolet Silverado 1500 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 32.3% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.9% — always verify the vehicle history report.
• Price trend: Prices have softened 8.74% compared with last year.
• Owners rate it 4.36/5 — a solid satisfaction signal.
• The 2023 adds Duramax diesel power upgrades and the new ZR2 Bison off-road trim.

Consider the 2022 if:

• At $35,571, the 2022 costs less than the current year's $39,437 average.
• It introduced the refreshed interior and the new ZR2 off-road model.

Consider the 2024 if:

• At $43,674, the 2024 costs more than the current year's $39,437 average.
• It adds a versatile engine lineup and available Super Cruise on the top trim.

The bottom line: If you want the best balance of price, features, and current-market availability, the 2023 is the strongest all-around choice. If your priority is saving money, the 2022 is the better value path, while the 2024 makes sense if you want to pay more for the latest updates and features.

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