How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 8.99% compared to this time last year, making it a favorable time to shop this model year.

There are 9,484 listings available, which suggests solid inventory availability. If you find a listing below $39,224.74, 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 2023 Chevrolet Silverado 1500 earns 4.36/5 from owners and 8.67/10 from our experts. The standout strength is Form and function at 10/10.

Owners consistently praise its power, comfort, and fuel economy, along with the long list of features. The user feedback also points to strong value for money and a truck that feels dependable enough for everyday use. On the downside, some owners mention the price and engine sound, which can affect the overall ownership experience.

That lines up with the truck’s use-case strengths: it’s built to handle commuting, towing, and work duties while still offering a spacious cabin and modern tech. The trade-offs are a rougher ride than some rivals and steering that can feel less communicative at times.

Good and great deals make up 33.4% of listings, so you have some room to shop selectively.

Is the 2023 Chevrolet Silverado 1500 reliable?

Owners rate it 4.36/5, a solid signal of long-term satisfaction.

Owner feedback points to a truck that feels solid, dependable, and capable of delivering trouble-free ownership for many buyers. The expert evaluation also emphasizes that the Silverado is built around true truck capability and versatility, which supports confidence in long-term use. The cost-effectiveness discussion reinforces that it’s a vehicle designed to deliver value through power and utility, not just comfort.

For used buyers, the main long-term risk is making sure the truck’s condition matches its capability, especially if it has been worked hard or used for towing.

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

Accident-free inventory is excellent at 90% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially if the truck has towing or off-road use in its past. Focus on wear items that reflect how the truck was driven, including suspension, brakes, tires, and interior condition. If you’re shopping a higher-trim truck, make sure the added tech and convenience features all work as expected.

Key things to evaluate:

• Trim level: The WT and Custom use the older interior layout with a smaller screen and more hard controls, while higher trims move to a more modern dash design with a large touchscreen.
• Powertrain: The base turbocharged 2.7-liter four-cylinder makes 310 horsepower and 430 pound-feet of torque, while available V8s and the Duramax turbodiesel give you more power and towing strength.
• Safety package: Standard equipment includes automatic emergency braking, forward collision warning, pedestrian detection, automatic high beams, and lane-departure warning. LTZ adds blind-spot monitoring, rear cross-traffic alert, a surround-view 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, while most other trims get a 13.4-inch touchscreen with wireless Apple CarPlay and wireless Android Auto.
• Fuel efficiency: The turbodiesel inline-six returns 24 mpg city, 29 mpg highway, and 26 mpg combined. The gasoline turbo-four returns 19 mpg city, 22 mpg highway, and 20 mpg combined. The most efficient V8 setup returns 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, a 3.5-inch instrument display, and a 7-inch touchscreen.
• Sweet-spot trim: The LTZ is the best value for creature comforts, adding leather upholstery, a power-operated tailgate, wireless device charging, extra USB ports, and a power-adjustable front passenger seat.
• Premium/top trim: The High Country is the luxury pick, with heated and ventilated front seats and a power-sliding rear window.
• Off-road trim: The ZR2 is the most specialized choice, and the Bison package adds heavy-duty skid plates, steel-stamped bumpers, and more aggressive approach and departure angles.

The LTZ is the trim that best balances comfort and equipment for most shoppers, while the WT makes sense if you want the simplest work-focused setup.

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

The market looks moderate and selective, so you can shop with some leverage if you know what you want.

• Deal availability: 33.4% of listings are priced as good or great deals.
• Inventory: There are 9,484 listings available.
• Price trend: Prices have softened 8.99% compared with last year.
• Clean inventory: 90.0% of listings are accident-free.

If you find a listing below $39,224.74, 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 $39,221 sits slightly below last year's $43,094.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable point in the cycle. For a future seller, that also means resale value will depend heavily on condition, mileage, and trim desirability rather than broad market momentum alone. Trucks with strong equipment, clean history, and broad appeal should hold demand better than more basic or heavily used examples.

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 National Highway Traffic Safety Administration (NHTSA) gives the Silverado 1500 an overall safety rating of five out of five stars.

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 the Teen Driver system. 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.

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:

• 33.4% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.99% 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 package.

Consider the 2022 if:

• At $35,285, the 2022 costs less than the current year's $39,221 average.
• It introduced the refreshed interior and the new ZR2 off-road model.

Consider the 2024 if:

• At $43,252, the 2024 costs more than the current year's $39,221 average.
• It adds a more versatile engine lineup and Super Cruise on the top trim.

The bottom line: If you want the best balance of price, features, and current inventory, the 2023 is the strongest all-around pick. If your priority is saving money, the 2022 is the value play. If you want the newest updates and are willing to pay more, the 2024 is the upgrade path.

These recommendations are based on CarGurus' proprietary market data from August 14, 2026, CarGurus experts' opinions, and generative AI.