New Chevrolet Silverado 1500 for Sale nearWoodstock, 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 $42,648 CAD, and its lowest point over the past year was $42,619 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 if you want broad capability, lots of configurations, and a familiar full-size pickup feel.

The all-generations owner rating is 4.5/5 across every model year in the data.

Owners consistently praise its power, comfortable ride, and spacious cabin. They also frequently highlight its towing and hauling ability, along with the wide range of engines and features available across the lineup.

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

The main trade-offs in recent expert reviews centre on fuel economy, safety, and towing/hauling performance relative to rivals. Some versions also draw criticism for interior quality and ride polish.

32.1% of listings are priced as good or great deals.

Are Chevrolet Silverado 1500 models reliable?

Owners and experts consistently point to the Silverado 1500's strong power, comfortable ride, and practical usefulness. Across the model years in the data, it also earns praise for spacious cabins, broad engine choice, and everyday capability.

• 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 depends heavily on model year and maintenance history, so a careful inspection and service records matter.

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: a 12.3-inch digital display and 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 trim starts the lineup with the Silverado's most utilitarian setup and suits buyers who want a straightforward truck.
• Custom: Adds more everyday convenience and style than WT while staying near the value end of the range.
• LT: Brings a more polished cabin and broader equipment, making it a strong all-round choice.
• RST: Adds a roomier, more modern-feeling interior with six-passenger seating and a front bench seat; this is a good-value pick if you want comfort and tech.
• Custom Trail Boss: Adds a more rugged appearance and off-road-oriented character.
• LT Trail Boss: Builds on the Trail Boss formula with more equipment and a higher-positioned place in the range.
• LTZ: Adds more premium features and a more upscale feel.
• High Country: Brings the most luxury-focused equipment in the lineup.
• ZR2: Adds the most off-road-focused hardware and suits buyers who want the most rugged Silverado setup.

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 be popular because they give you more inventory to compare, more trim and equipment combinations to choose from, and a better chance of finding the features you want at a competitive price.

What is the Chevrolet Silverado 1500's resale value?

Most Silverado 1500 model years in the table are down by double digits year over year, which points to a used market that has been moving lower across much of the lineup. That creates more room for shoppers to find value, especially in recent model years where the price drops are especially pronounced. A few older years have declined less sharply, which suggests they have been a bit steadier than the rest.

The 2017, 2016, and 2014 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 −20.77% versus a year ago, and the 2025 model is at −19.24%.
• Deal availability: The 2026 model has 36.7% good and great deals, and the 2025 model has 35.8%.
• Sweet-spot year: The 2024 model has the most listings at a current average price of $50,258 CAD. The Chevrolet Silverado 1500 offers a roomy cabin that makes it easy to live with every day.

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 it includes forward collision warning with pedestrian detection, automatic emergency braking, lane departure warning, lane keep assist, and automatic high-beam headlights.
• 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 the most bed tie-downs in the class, while the F-150 counters with stronger towing and hauling. If you care most about capability, the Ford has the edge; if you want a slightly lower average used price and a truck that still brings a broad mix of powertrain choices, the Silverado remains compelling.

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

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.