Used 2023 Chevrolet Silverado 1500 for SaleNationwide

How much does the 2023 Chevrolet Silverado 1500 cost?

Prices have softened 11.83% compared to this time last year, making it a favourable time to shop this model year.

There are 1,482 listings available, which suggests you should have a decent amount of inventory to compare.

Is the 2023 Chevrolet Silverado 1500 a good car?

Generally — you’re looking at a 4.36/5 user rating and an 8.67/10 expert rating, which points to broad appeal with some clear compromises. The standout strength is Form and function at 10/10.

Owners consistently praise its power, fuel economy, comfort, and the long list of features, and many describe it as a solid value for money. The Silverado also fits well if you want a full-size pickup that can handle both work and everyday driving, with easy-to-use technology and lots of cabin space.

The trade-offs are familiar: the ride can feel rough compared with rivals, the steering can seem numb at times, and the front-end styling won’t suit everyone. Even so, 34.1% of listings are priced as good or great deals, which 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 feedback points to a truck that feels dependable in daily use, with many shoppers highlighting its comfort, power, and overall value. That kind of feedback matters if you want a used full-size pickup you can count on over time.

The expert drive notes also support that impression, describing the Silverado as a capable, versatile truck with refined enough power delivery and strong all-around usefulness. If you’re buying used, the main long-term ownership risk is less about outright capability and more about whether the truck’s ride, steering feel, and feature set match your expectations.

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 the other trims get a more modern, high-tech dash design centred around a large touchscreen. The WT is the most basic, with vinyl upholstery, bench front seating, rubberized flooring, an analog instrument panel, and a 7-inch touchscreen, so you’ll want to check whether those feature gaps matter to you.
• Powertrain: You can choose from a turbocharged 2.7-litre four-cylinder, a 5.3-litre V8, a 6.2-litre V8, or a Duramax turbodiesel six-cylinder. The turbo-four is praised for good pickup from a standstill, while the larger engines bring stronger towing and hauling capability.
• 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. 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: 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 adds wireless phone integration, and the system is described as straightforward and easy to use.
• 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 turbo-four with 4WD returns 12.9 city, 11.5 highway, and 12.2 combined, while the least-efficient version is the ZR2 with the 6.2-litre V8 at 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 starting point, with vinyl upholstery, bench front seating, rubberized flooring, a 7-inch touchscreen, wired Apple CarPlay and Android Auto, and the most basic cabin layout. It makes sense if you want the lowest-cost Silverado and don’t need much in the way of comfort features.
• Custom: This is the best-value pick for many shoppers because it adds cloth upholstery, wireless Apple CarPlay and Android Auto, 20-inch alloy wheels, a power-locking tailgate, remote start, and two more USB ports. It also keeps the simpler cabin layout, which may suit you if you want useful upgrades without jumping too far up the price ladder.
• Custom Trail Boss: This is the off-road-oriented choice based on the Custom, adding standard 4WD with a two-speed transfer case, skid plates, and upgraded shock absorbers. It’s the trim to consider if you want more trail hardware without moving into the upper luxury end of the lineup.
• LT: This is where the Silverado starts to feel much more modern, with the 13.4-inch touchscreen, fully digital instrument panel, dual-zone automatic climate control, a heated steering wheel, a 10-way power-adjustable driver’s seat, chrome bumpers, and LED in-bed lighting. It’s a strong middle-ground choice if you want a more polished daily driver.
• RST: This trim adds 18-inch alloy wheels, fog lights, and unique visual touches, so it’s mainly for you if styling matters more than major equipment gains.
• LT Trail Boss: This is the better-equipped off-road option if you want the Trail Boss formula with the more modern LT foundation underneath it.
• LTZ: This is probably the best value for creature comforts, adding leather upholstery, a power-operated tailgate, two additional USB ports, wireless device charging, and a power-adjustable front passenger seat. If you want a more premium Silverado without going all the way to the top, this is the trim to focus on.
• High Country: This is the luxury-level choice, with features such as a power-sliding rear window and heated and ventilated front seats. It suits you if comfort and upscale features are your priority.
• ZR2: This is the most aggressive off-road model, and for 2023 it can be paired with the new Bison package. That package adds heavy-duty skid plates, steel-stamped bumpers, and more aggressive approach and departure angles.

Several trims offer Canada-specific True North packages with climate-oriented features such as a power-sliding rear window with a defogger and wheelhouse liners.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient.

• Deal availability: 34.1% of listings are priced as good or great deals.
• Inventory: There are 1,482 listings available.
• Price trend: Prices have softened 11.83% compared with last year.

If you find a listing below $46,546 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 $46,546 CAD sits slightly below last year's $52,788 CAD.

That softer pricing can help you buy more truck for the money today, but it also means future sellers may face a more competitive resale environment if prices keep easing. If you buy at the right number now, you may reduce the risk of taking a bigger hit later. Strong equipment, broad appeal, and a well-regarded ownership experience can still help support demand.

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 1500 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. If you move up to 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.

You can also get adaptive cruise control, a head-up display, a rear-camera mirror, and GM’s Super Cruise hands-free highway driving system. If safety tech is a priority, LTZ is the trim where the feature set becomes much more complete.

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:

• 34.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.83% compared with last year.
• Owners rate it 4.36/5 — a solid satisfaction signal.
• The 2023 adds Duramax diesel power upgrades and the new Silverado ZR2 Bison off-road configuration.

Consider the 2024 if:

• At $51,802 CAD, the 2024 costs more than the current year's $46,546 CAD average.
• It adds the most bed tie-downs in the class.

The bottom line: If you want the better value, the 2023 is the smarter buy because pricing has eased and the model already has strong tech, capability, and owner satisfaction. If you’re willing to pay more for a newer model year, the 2024 is worth a look, but price-sensitive buyers should start with the 2023 first.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.