2020 Chevrolet Silverado 1500 Depreciation
A 6-year-old 2020 Chevrolet Silverado 1500 has lost about 32.4% of its roughly $44,500 original value. In the 2026 source cohort, it typically listed for around $30,073, with most listings between $27,740 and $38,982. Listed examples average 76,040 miles.
2020 Chevrolet Silverado 1500 Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2020 Chevrolet Silverado 1500 Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| Under 30k mi | $59,500 | 5 |
| 30k–50k mi | $37,850 | 20 |
| 50k–75k mi | $34,012 | 41 |
| 75k–100k mi | $33,300 | 35 |
| 100k–130k mi | $27,998 | 14 |
| Over 130k mi | $22,410 | 8 |
What's a Good Price for a 2020 Chevrolet Silverado 1500?
Great deal
Under $30,053
Typical
$30,053–$36,991
Overpriced
Above $36,991
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 123 listings.
Half of all listings fall between $30,053 and $36,991, with a median of $33,490.
Ownership & Condition
Across 123 2020 Chevrolet Silverado 1500 listings.
Accident-free
80%
One-owner
33.3%
Avg owners
1.7
Personal use
75%
2020 Chevrolet Silverado 1500 Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
20 MPG
City / Hwy
18 / 25
Fuel / year
$3,400
Fuel
Diesel
Engine
3.0L 6-cyl
EPA class
Standard Pickup Trucks 2WD
Depreciation by Trim
See how each 2020 Chevrolet Silverado 1500 trim holds its value.
| Trim | Fuel | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|---|
| RST | Gasoline | $44,500 | $30,626 | 28.5% | 24 |
| LTZ | Gasoline | $48,700 | $33,991 | 33.7% | 5 |
| LT Trail Boss | Gasoline | $48,500 | $30,974 | 35.4% | 12 |
| LT | Gasoline | $42,600 | $28,220 | 38.7% | 17 |
How the 2020 Chevrolet Silverado 1500 Compares to Other Years
At 32.4% depreciation, the 2020 Chevrolet Silverado 1500 sits among its neighbors on the depreciation curve. The one-year-newer 2021 has lost 33.5% (around $30,689), so stepping up a model year costs roughly $616 more. The older 2019 sits at 42.0% (around $26,188), so dropping back a year saves about $3,885. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2020 Chevrolet Silverado 1500.
Known Issues & Complaints
682 NHTSA complaints, 12 recalls reported.
POWER TRAIN
200 complaintsI'm experiencing all the documented issues with the 10L80 10 speed transmission. Identical to all the recalls. It's shifting poorly, torque converter shudder, lose of power, unreliability, and serious safety concerns. I've tried to communic
ENGINE
136 complaintsI am filing this complaint regarding a major engine failure in my 2020 Chevrolet Silverado 1500 equipped with the 5.3L V8 engine. At approximately 56,000 miles, my vehicle experienced a failed valve lifter, resulting in loud engine ticking,
STEERING
71 complaintsIntermittent issue where info says brake failure/steering assist not working/limited speed to 43 mph. Very dangerous if you’re on the interstate. Becomes hard to steer, brakes don’t work, brakes start burning up. Have to carry tools with me
ELECTRICAL SYSTEM
67 complaintsThe rear camera view is skewed resulting in inaccurate reference angles of the vehicle. When used to assist in reversing results in improper placement of vehicle and can cause collision of vehicle with objects.
SERVICE BRAKES
52 complaintsThe contact owns a 2020 Chevrolet Silverado 1500. The contact stated that while driving at an undisclosed speed, the vehicle experienced a loss of drive power with high RPM. The check engine, traction control, ABS, and parking brake warning
UNKNOWN OR OTHER
44 complaintsThe truck only has 54106 MI problem with the key coming out after turning it off . Have to turn engine on and off until the key comes off.
Top Issues
- POWER TRAIN
- ENGINE
- STEERING
- ELECTRICAL SYSTEM
- SERVICE BRAKES
Buyer Red Flags
- !Recall 21V115000 (TIRES): General Motors LLC (GM) is recalling certain 2020 Buick Enclave, Cadillac XT4, XT5, Escalade, Escalade ESV, Chevrolet Suburban, Tahoe, Traverse, GMC Yukon, Yukon XL, 2018-2021 Chev
- !Recall 19V888000 (ELECTRICAL SYSTEM): General Motors LLC (GM) is recalling certain 2019-2020 Chevrolet Silverado 1500 and GMC Sierra 1500 trucks. The battery positive (B+) cable rings may have been manufactured with ex
- !Recall 20V792000 (SEAT BELTS): General Motors, LLC (GM) is recalling certain 2019-2021 Chevrolet Silverado 1500 and GMC Sierra 1500, 2021 Chevrolet Suburban and Tahoe and GMC Yukon XL and 2020-2021 Chevrolet Sil
- !Recall 20V684000 (TIRES): General Motors LLC (GM) is recalling certain 2020 Buick Enclave, Cadillac XT5, GMC Acadia and Chevrolet Traverse vehicles and 2020-2021 Chevrolet Silverado 1500, GMC Sierra 1500 ve
2020 Chevrolet Silverado 1500 Listings
Real 2020 Silverado 1500 listings on the market now.
$68,990
2020 LT Trail Boss · Red Hot
12,148 mi · Portland, OR
View listing →
$59,500
2020 LTZ · Summit White
14,754 mi · Woodbury, CT
View listing →
$48,990
2020 RST · Summit White
20,843 mi · Garland, TX
View listing →
$64,686
2020 RST · Summit White
21,774 mi · South Easton, MA
View listing →
$47,403
2020 RST · Black
30,893 mi · Libertyville, IL
View listing →
$46,995
2020 LT Trail Boss · Silver Ice Metallic
31,228 mi · Longview, TX
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2020 Chevrolet Silverado 1500 worth?
A 2020 Chevrolet Silverado 1500 is typically worth around $30,073, with most listings falling between $27,740 and $38,982. The single biggest swing factor is mileage — listed examples average about 76,040 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2020 Chevrolet Silverado 1500 depreciated?
The 2020 Chevrolet Silverado 1500 has lost about 32.4% of its original $44,500 base MSRP — roughly $14,418 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2020 Silverado 1500 have?
Listed 2020 Silverado 1500s average about 76,040 miles, with most between 44,795 and 101,526. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2020 Chevrolet Silverado 1500?
For a 2020 Chevrolet Silverado 1500, anything under $30,053 is a strong deal, $30,053 to $36,991 is the typical range where most cars trade, and above $36,991 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2020 Chevrolet Silverado 1500 are computed from 63 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.