Used Chevrolet Silverado 1500 for Sale near Iona Station, ON

How much does the Chevrolet Silverado 1500 cost in today's market?

Used Chevrolet Silverado 1500 prices span a wide range depending on model year. Here's what the market looks like right now:

The Chevrolet Silverado 1500's current nationwide average price is $42,719 CAD, and its lowest point over the past year was $42,719 CAD. Recently, prices have come down for the 2024, 2025, and 2026 models, making now a good time to shop recent model years.

Is the Chevrolet Silverado 1500 a good car?

Yes — the Chevrolet Silverado 1500 is a strong used-truck choice for shoppers who want broad capability and plenty of configuration choice. The all-generations owner rating is 4.5/5 across every model year in the data.

Owners repeatedly praise its comfortable ride, spacious cabin, and strong performance, and they also value the truck’s power, fuel economy, and feature content. The Silverado’s wide range of engines and available equipment also comes through as a recurring strength across model years.

Expert reviews rate the 2023 and 2024 models among the highest across all years.

The main trade-offs centre on fuel economy, interior quality in some versions, and safety ratings that trail some rivals in certain years. Even so, the Silverado remains appealing if you want a full-size pickup with lots of choice and a proven work-truck character.

32.4% of listings are priced as good or great deals.

Are Chevrolet Silverado 1500 models reliable?

Owners consistently praise the Silverado 1500 for its power, comfortable ride, and spacious cabin, while expert coverage also points to broad capability and useful equipment across the lineup. The truck’s long-running popularity and strong owner satisfaction suggest a model that continues to resonate with used buyers.

• Owners rate the Chevrolet Silverado 1500 between 4.1 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by choosing a well-maintained example and paying close attention to service history, especially on years where transmission and engine concerns are noted.

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

Key things to evaluate:

• Safety package: Chevy's Safety Assist is standard on every Silverado 1500 trim level.
• Infotainment: the 13.4-inch touchscreen infotainment system with Google Built-in, including Google Maps, access to apps via the Google Play Store, and Google Assistant.
• Fuel efficiency: According to Natural Resources Canada, it should have returned 12.8 litres per 100 kilometres in combined driving. With Autotrac in Auto mode, we averaged 15.3 L/100 km on our mountainous testing loop (16.2 L/100 km in city-only driving). The Duramax is rated to get 10.1 L/100 km with 4WD in combined driving.

Which Chevrolet Silverado 1500 trim should I buy?

The 2026 Chevrolet Silverado 1500 offers these trims:

• WT: the work-truck starting point, with the broadest focus on utility and the lowest entry price.
• Custom: adds more everyday convenience and style, making it a smart value pick for shoppers who want a step up from the work-truck feel.
• LT: brings a more polished cabin and upgraded technology, including the 13.4-inch touchscreen and Google Built-in.
• RST: adds a roomier, more modern-feeling cabin with six-passenger seating and a more sophisticated interior design.
• Custom Trail Boss: adds a factory off-road stance and rugged hardware for buyers who want trail-ready character.
• LT Trail Boss: builds on the off-road theme with a more premium feature set.
• LTZ: adds more comfort and refinement for shoppers who want a better-equipped full-size truck.
• High Country: the luxury-oriented choice, suited to buyers who want the most upscale Silverado experience.
• ZR2: the most off-road-focused trim, aimed at buyers who want the most rugged hardware in the lineup.

What Chevrolet Silverado 1500 do most buyers choose?

The Chevrolet Silverado 1500 years with the most listings are 2024, 2025, and 2023.

These higher-volume model years tend to attract more shoppers because they offer a wider selection of trims, equipment, and price points. That usually makes it easier to compare listings and find a truck that fits your budget and feature needs.

What is the Chevrolet Silverado 1500's resale value?

Most model years in the Silverado 1500 lineup are showing notable year-over-year price declines, which can create better opportunities for used buyers. The largest drops are concentrated in the newer model years, while older trucks are generally falling by smaller percentages. That pattern suggests there are meaningful savings available across much of the range.

The 2017, 2016, and 2018 model years have held their value best, with the smallest year-over-year price changes.

Is the Chevrolet Silverado 1500 safe?

• 2026: 3/10
• 2024: 7/10
• 2023: 9/10
• 2021: 3/10

Chevy's Safety Assist is standard on every Silverado 1500 trim level.

For the safest used buy, the 2023 model posts the highest confirmed score of 9/10.

Should I buy a used Chevrolet Silverado 1500 now or wait for the next model?

Buy now if:

• Price trend: The 2026 model is at −20.74% versus a year ago, and the 2025 model is at −18.7%.
• Deal availability: The 2026 model has 38.1% good and great deals, and the 2025 model has 36.6%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $50,681 CAD. The Chevrolet Silverado 1500 offers a roomy cabin and a broad range of configurations, which makes it easy to match to work, family, or mixed-use needs.

Consider waiting if:

• Powertrain/efficiency: Equipped with Chevy’s TurboMax turbo-four powertrain, the Silverado boasts 310 horsepower and 430 pound-feet of torque, the latter available at a relatively low 3,000 rpm.
• Tech: In front of the driver, a 12.3-inch digital display conveys vehicle data, while the 13.4-inch touchscreen infotainment system provides split-screen functionality to show the navigation map and media information.
• Safety: Chevy's Safety Assist is standard on every Silverado 1500 trim level, and the truck also has a rear-seat reminder system, a Buckle to Drive system for an extra layer of safety, and Teen Driver technology.
• Starting price: Base prices in Canada range from $52,043 CAD to $98,563 CAD, including the $2,700 destination charge and other fees.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2024 Chevrolet Silverado 1500 compare to the 2024 Ford F-150?

Expert Pros & Cons (per CarGurus review team)

2024 Chevrolet Silverado 1500:

• Pros: Multiple powertrain options, Easy-to-use technology, The most bed tie-downs in the class.
• Cons: Mid-pack towing and hauling, No electrified version for sale for now.

2024 Ford F-150:

• Pros: Multiple powertrain options, Easy-to-use technology, Best towing and hauling in the class.
• Cons: Some advanced safety features are not standard, Unladen ride can be bouncy.

Our experts score the 2024 Chevrolet Silverado 1500 7.8/10 and the 2024 Ford F-150 8/10. The Silverado stands out for its easy-to-use technology and class-leading bed tie-down count, while the F-150 brings stronger towing and hauling. If you want the truck with the broader capability edge, the Ford has the advantage; if you value the Silverado’s utility-focused setup and slightly lower average used price, it remains a compelling alternative.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.