Used 2023 Chevrolet Silverado 1500 for Sale nearOakville, ON

How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 11.46% compared to this time last year, making it a favourable time to shop this model year.

There are 1,477 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. That lines up well with its use-case as a full-size pickup that can handle work duties and everyday driving, especially if you want a truck with lots of cabin space and easy-to-use technology.

The trade-offs are a rough ride compared to rivals and steering that can feel numb at times. Even so, the Silverado’s broad capability and convenience mix keeps it appealing if you want a do-it-all truck rather than the most polished ride in the segment.

There are 31.5% good or great deals in the market, which points to decent shopping opportunity.

Is the 2023 Chevrolet Silverado 1500 reliable?

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

Owners also describe it as solid value for money, with feedback that points to dependable everyday use, strong long-term appeal, and a truck you can count on for a mix of work and commuting. The expert assessment also frames it as a capable, comfortable daily driver with the kind of durability buyers expect from a full-size pickup.

The cost-effectiveness notes also highlight that Chevrolet still understands what trucks are really for, with the Silverado’s value rooted in power, versatility, and capability. For used buyers, the main long-term ownership risk is that a truck used hard for towing or off-road driving may show wear faster than a lighter-duty commuter 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, while every other trim gets a more modern, high-tech dash centred around a large touchscreen. The WT 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 with wired Apple CarPlay and Android Auto. The Custom adds cloth upholstery, wireless Apple CarPlay and Android Auto, 20-inch alloy wheels, a power-locking tailgate, remote start, and two more USB ports.
• Powertrain: The base engine is a turbocharged 2.7-litre four-cylinder with 310 horsepower and 430 pound-feet of torque. You can also find a 5.3-litre V8, a 6.2-litre V8, and 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.
• 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 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, and the LTZ adds wireless device charging and extra USB ports.
• 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 L/100 km city, 11.5 highway, and 12.2 combined. The most efficient V8 setup is the 5.3-litre with 4WD, at 15.2 city, 12.2 highway, and 13.9 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 starting point, with vinyl upholstery, bench front seating, rubberized flooring, a 7-inch touchscreen, and wired smartphone integration. It makes sense if you want the lowest-frills Silverado and do not need the newer cabin layout.
• Custom: This is the best-value pick for many shoppers because it adds cloth upholstery, wireless Apple CarPlay and Android Auto, remote start, a power-locking tailgate, and more USB ports while staying relatively straightforward.
• Custom Trail Boss: Choose this if you want the off-road hardware built on the Custom’s value base, including standard 4WD with a two-speed transfer case, skid plates, and upgraded shock absorbers.
• LT: This is the first trim with the more modern dash layout, the 13.4-inch touchscreen, a fully digital instrument panel, dual-zone automatic climate control, and a heated steering wheel.
• RST: This trim adds 18-inch alloy wheels, fog lights, and unique visual touches if you want a more style-forward Silverado.
• LT Trail Boss: This is the step up if you want the Trail Boss formula with the LT’s upgraded cabin and tech.
• LTZ: This is the best-value trim for creature comforts, adding leather upholstery, a power-operated tailgate, wireless device charging, extra USB ports, and a power-adjustable front passenger seat.
• High Country: This is the luxury-oriented choice, with features such as a power-sliding rear window and heated and ventilated front seats.
• ZR2: This is the most off-road-focused trim, and the new-for-2023 Bison package adds heavy-duty skid plates, steel-stamped bumpers, and more aggressive approach and departure angles.

The LTZ trim adds the most complete safety package, including blind-spot monitoring, rear cross-traffic alert, a surround-view camera system, rain-sensing wipers, and front and rear parking sensors.

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

The current market looks moderate and selective, so you have room to shop carefully without waiting for a dramatic bargain-only environment.

• Deal availability: 31.5% of listings are priced as good or great deals.
• Inventory: There are 1,477 listings available.
• Price trend: Prices have softened 11.46% compared with last year.

If you find a listing below $46,416 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 $46,417 CAD sits slightly below last year's $52,423 CAD.

That softer pricing can help you buy in at a more favourable point, but it also means future sellers may face a more competitive market if prices stay under pressure. If you own one for several years, the Silverado’s broad appeal, strong capability, and useful cabin should help support demand. Trucks with the right mix of utility and comfort tend to stay relevant with used buyers, especially when they have a strong reputation for satisfaction.

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 earns a five-star overall rating from NHTSA, and the Insurance Institute for Highway Safety 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 keep assist, lane-departure warning, and the Teen Driver system. Moving up to the 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 tech includes adaptive cruise control, a head-up display, a rear-camera mirror, and Super Cruise hands-free highway driving.

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:

• 31.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.46% compared with last year.
• Owners rate it 4.36/5 — a solid satisfaction signal.
• The 2023 adds Duramax diesel power upgrades and a new ZR2 Bison off-road configuration.

Consider the 2024 if:

• At $51,550 CAD, the 2024 costs more than the current year's $46,417 CAD average.
• It adds Super Cruise on the very top trim.

The bottom line: If you want the better value play, the 2023 is the stronger buy because pricing has eased and owner satisfaction is solid. If you are willing to spend more for the newer model year’s added features, the 2024 is the cleaner upgrade path.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.