How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 8.66% compared to this time last year, making it a favorable time to shop this model year.

There are 9,498 listings available, which suggests solid inventory availability.

If you find a listing below $39,251.39, 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 a 4.36/5 user rating and an 8.67/10 expert rating. The standout strength is Form and function at 10/10.

Owners consistently praise its combination of power, fuel economy, and comfort, and they also highlight the many features and strong value for money. The truck’s spacious cabin and capable performance come through clearly in the feedback, especially for buyers who want a versatile pickup that can handle both commuting and work duties.

The main trade-offs are a rougher ride than some rivals and a front-end design that won’t appeal to everyone. In practical terms, you’re looking at a truck that fits buyers who prioritize capability, cabin space, and everyday usability over the most polished ride quality.

The market still looks healthy, with 32.6% of listings marked as good or great deals.

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 dependable, with praise for its trouble-free ownership experience, strong value, and confidence-inspiring mix of power and comfort. The expert evaluation also emphasizes that the Silverado is built to be a capable, reliable daily driver as well as a work-focused truck.

The truck’s powertrains and overall durability-oriented design support long-term use, and the available diesel and V8 options add to its reputation for lasting utility. If you’re buying used, your biggest long-term risk is choosing a poorly maintained example, especially one that has been worked hard or neglected.

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

Accident-free inventory is excellent at 90.2% — clean inventory, standard diligence applies.

You should still run a vehicle history report and prioritize a pre-purchase inspection, especially if you’re considering a truck that may have been used for towing, hauling, or off-road driving. Focus on signs of wear in the cabin, suspension, brakes, and drivetrain, since those areas can reveal how hard the truck has been used. It also makes sense to compare trim equipment carefully, because the Silverado’s feature set changes a lot as you move up the lineup.

Key things to evaluate:

• Trim level: The WT and Custom use the older interior layout, with a smaller screen and more hard controls and dials, while every other trim gets a more modern, high-tech dash design centered around a large touchscreen. The WT also comes with vinyl upholstery, bench front seating, black front and rear bumpers, rubberized flooring, an analog instrument panel with a 3.5-inch screen, and a 7-inch touchscreen infotainment system with wired Apple CarPlay and Android Auto.
• Powertrain: The base engine is a turbocharged 2.7-liter four-cylinder with 310 horsepower and 430 pound-feet of torque. You can also choose a 5.3-liter V8, a 6.2-liter V8, or a Duramax turbodiesel six-cylinder. Rear-wheel drive is standard, 4WD is optional, and the base four-cylinder uses an eight-speed automatic while the other engines use a 10-speed automatic.
• Safety package: Standard 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.
• Infotainment: The base setup is a 7-inch touchscreen with Apple CarPlay and Android Auto. Every trim but the WT and Custom gets a 13.4-inch touchscreen with wireless Apple CarPlay and wireless Android Auto, plus a fully digital instrument panel. The Custom adds a Wi-Fi hot spot.
• Fuel efficiency: The turbodiesel inline-six with RWD 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 is the 5.3-liter, at 17 mpg city, 21 mpg highway, and 19 mpg combined. The least-efficient version is the ZR2 with the 6.2-liter V8, at 14 mpg city, 17 mpg highway, and 15 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 the older interior layout, a smaller screen, vinyl upholstery, bench front seating, rubberized flooring, and the most basic infotainment setup.
• Sweet-spot trim: The LT is the best all-around step up because it brings the modern dash layout, a fully digital instrument panel, dual-zone automatic climate control, and a more upscale cabin without jumping all the way to luxury pricing.
• Premium/top trim: The High Country is the luxury pick, with features like a power-sliding rear window and heated and ventilated front seats.
• Off-road trim: The ZR2 is the most specialized choice, and the Trail Boss variants add 4WD, skid plates, and upgraded shocks for buyers who really plan to leave pavement behind.

LTZ is the trim to watch if you want the best mix of comfort and value, since it adds leather upholstery, a power-operated tailgate, wireless device charging, and a power-adjustable front passenger seat.

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

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

• Deal availability: 32.6% of listings are priced as good or great deals.
• Inventory: There are 9,498 listings available.
• Price trend: Prices have softened 8.66% compared with last year.
• Clean inventory: 90.2% of listings are accident-free.

If you find a listing below $39,251.39, 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 $39,528 sits slightly below last year's $43,276.

That price movement suggests the market has already adjusted downward, which can help future resale if you buy at the right price today. If you pay near the lower end of the current range, you give yourself a better chance of limiting depreciation later. Strong demand for well-equipped, well-kept trucks should also help support values over time.

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 comes equipped with many of the advanced driver assistance features you’d expect to find in a modern car or SUV. It earns a 9/10 safety score from our experts.

Standard equipment includes automatic emergency braking, forward collision warning, pedestrian detection, automatic high beams, lane-departure warning, and the Teen Driver system. Moving up to the LTZ trim 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. Other available safety tech includes 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:

• 32.6% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.2% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 8.66% compared with last year.
• Owners rate it 4.36/5 — a solid satisfaction signal.
• The 2023 adds power upgrades for the optional Duramax diesel engine and introduces the ZR2 Bison off-road trim.

Consider the 2022 if:

• At $35,673, the 2022 costs less than the current year's $39,528 average.
• It brought the refreshed interior and major cabin updates that improved quality and design.

Consider the 2024 if:

• At $43,918, the 2024 costs more than the current year's $39,528 average.
• It adds a unique 3.0-liter Duramax diesel and more advanced off-road and tech appeal.

The bottom line: If you want the best balance of current pricing, strong owner satisfaction, and a broad feature set, the 2023 is the smart default. If your priority is saving money, the 2022 is the better value play. If you want to spend more for the next model year’s added diesel and tech appeal, the 2024 is worth a look.

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