Used 2023 Chevrolet Silverado 1500 for Sale nearLondon, ON

How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 11.37% compared to this time last year, making it a favourable time to shop this model year.

There are 1,463 listings available, which suggests you have a healthy amount of inventory to compare.

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 fuel economy, power, comfort, great mileage, and numerous features. In use, that lines up well with a truck that aims to balance work duties with everyday driving, especially if you want a full-size pickup with lots of cabin space and easy-to-use technology.

The trade-offs are clear: it can have a rough ride compared to rivals, and the steering can feel numb at times. The overview also points to front-end styling that may not suit everyone, so this is a truck you should buy for capability and utility first.

With 33.4% of listings marked as good or great deals, the market gives you 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.

The owner summary also points to a truck that many drivers see as solid value for money, with language around dependable everyday use supported by its strong mix of power, comfort, and features. On the expert side, the Silverado is presented as a truck that can handle commuting, work-site duty, and trail use without losing its core usefulness.

The cost-effectiveness commentary reinforces that this is a vehicle built around power, versatility, and capability, which is a good sign if you want something you can count on for mixed-duty ownership. For used buyers, the main long-term risk is that a truck used hard for towing, hauling, or off-road driving may show wear faster than a lighter-duty vehicle.

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

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, while every other trim gets a more modern, high-tech dash design centred around a large touchscreen. The WT is the most basic, with vinyl upholstery, bench front seating, black bumpers, rubberized flooring, an analog instrument panel, and a 7-inch touchscreen.
• Powertrain: The base engine is a turbocharged 2.7-litre four-cylinder, with optional 5.3-litre and 6.2-litre V8s, plus a six-cylinder Duramax turbodiesel. Rear-wheel drive is standard, 4WD is optional, and the base engine uses an eight-speed automatic while the others use a 10-speed automatic. The diesel and turbo-four are the efficiency-focused choices, while the 6.2-litre V8 is the strongest towing setup.
• Safety package: Standard equipment includes automatic emergency braking, forward collision warning, pedestrian detection, automatic high beams, lane keep assist, lane-departure warning, and the Teen Driver system. The 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: The WT and Custom use a 7-inch touchscreen with wired Apple CarPlay and Android Auto, while every other trim gets a 13.4-inch touchscreen with wireless Apple CarPlay and wireless Android Auto. The Custom also adds a Wi-Fi hot spot, and the LTZ adds wireless device charging.
• Fuel efficiency: The most efficient version is the turbodiesel inline-six with RWD at 10.0 L/100 km city, 8.1 highway, and 9.2 combined. The gasoline turbo-four with 4WD returns 12.9 city, 11.5 highway, and 12.2 combined, while the least-efficient ZR2 with the 6.2-litre V8 returns 16.7 city, 14.0 highway, and 15.5 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:

• WT: This is the work-focused entry point, with vinyl upholstery, bench seating, rubberized flooring, a 7-inch touchscreen, and wired smartphone integration. It makes sense if you want the lowest-frills Silverado and can live without the newer cabin layout.
• Custom: This adds cloth upholstery, wireless Apple CarPlay and Android Auto, 20-inch alloy wheels, remote start, and a power-locking tailgate. It is the best-value choice if you want a more usable daily driver without jumping too far up the price ladder.
• Custom Trail Boss: This is the off-road-oriented step up from the Custom, adding standard 4WD with a two-speed transfer case, skid plates, and upgraded shock absorbers. Choose it if you want trail hardware without moving into the upper luxury trims.
• LT: This is where the Silverado gets the more modern dash, the 13.4-inch touchscreen, a fully digital instrument panel, dual-zone automatic climate control, a heated steering wheel, and a power-adjustable driver’s seat. It is the sweet spot if you want the newer cabin experience.
• RST: This trim adds 18-inch alloy wheels, fog lights, and unique visual touches. It suits you if styling matters more than feature depth.
• LT Trail Boss: This is the more capable trail-focused LT-based model, combining the upgraded cabin with off-road hardware. It is the better pick if you want both the modern interior and the tougher chassis setup.
• LTZ: This is probably 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. If you want the strongest mix of comfort and equipment, this is the trim to target.
• High Country: This is the luxury-level Silverado, with features such as a power-sliding rear window and heated and ventilated front seats. Buy this if you want the most upscale feel.
• ZR2: This is the top off-road model, and for 2023 it can be paired with the new Bison package. It adds heavy-duty skid plates, steel-stamped bumpers, and more aggressive approach and departure angles, so it is the one to choose if off-road capability is your priority.

The LTZ stands out as the best-value comfort trim, while the LTZ also gains the more advanced safety and parking tech that starts there, including blind-spot monitoring, rear cross-traffic alert, and the surround-view camera system.

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

This is a moderate market for selective buyers, so you can shop with some leverage if you are patient.

• Deal availability: 33.4% of listings are priced as good or great deals.
• Inventory: There are 1,463 listings available.
• Price trend: Prices have softened 11.37% compared with last year.

If you find a listing below $47,012 CAD, 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 $47,070 CAD sits slightly below last year's $53,109 CAD.

That softer pricing can help you as a buyer now, but it also means a future seller may need to be realistic about expectations. If the market continues to normalise, resale values may stay under pressure compared with stronger prior-year pricing.

Even so, the Silverado’s broad appeal, strong capability, and owner satisfaction should help support demand over time. Trucks with a reputation for usefulness and comfort tend to stay relevant with shoppers who need one vehicle to do many jobs.

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 2023 Chevrolet Silverado 1500 earns five-star ratings overall from NHTSA, and the IIHS gives it fairly high scores in crash tests.

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 keep assist, lane-departure warning, and the Teen Driver system. If you move up to the LTZ, you also get 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 safety tech includes adaptive cruise control, a head-up display, a rear-camera mirror, and GM’s Super Cruise hands-free highway driving system. If you want the most complete safety and parking package, the LTZ is the trim where the feature set expands meaningfully.

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.
• Price trend: Prices have softened 11.37% compared with last year.
• Owners rate it 4.36/5 — a solid satisfaction signal.
• It adds Duramax diesel power upgrades and the new ZR2 Bison off-road configuration.

Consider the 2024 if:

• At $52,170 CAD, the 2024 costs more than the current year's $47,070 CAD average.
• It adds Super Cruise on the top trim.

The bottom line: The 2023 is the better value if you want a capable Silverado with strong owner approval and a softer used-market price. If you are willing to spend more for the newer model year and want the added top-trim tech, the 2024 is the alternative to compare.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.