2022 Chevrolet Silverado 1500
Value analysis and depreciation guide
Total Depreciation
This is typical depreciation for this class of vehicle.
Projected Future Values
2022 Chevrolet Silverado 1500 Value Summary
The 2022 Chevrolet Silverado 1500 keeps strong value as a full-size truck. It averages $28,100 today. That marks a 36% drop from the $44,500 MSRP. Owners see about 9% loss each year over the first four years.
Trim level, mileage, and condition set the exact price. Lower trims drop a higher percentage. Premium trims lose more dollars but keep a bigger share of MSRP. Buyers chase those extra features.
Depreciation Curve by Year
This truck drops fast in years one to three. Then it slows. Low miles and clean records ease the fall.
| Age | Retained Value (%) | Approx. Value |
|---|---|---|
| New (2022) | 100% | $44,500 |
| 1 year old (2023) | 92% | $40,900 |
| 2 years old (2024) | 82% | $36,500 |
| 3 years old (2025) | 73% | $32,500 |
| 4 years old (2026) | 63% | $28,100 |
This table assumes an LT trim crew cab. It runs 12,000 miles per year with a clean title. High miles cut value. Low-mile clean trucks fetch more.
What Drives Silverado 1500 Value Retention
- High demand: Full-size trucks handle work and family duties. Crew cabs with 4WD and towing pull crowds.
- Trusted engines: The 5.3L V8 tows and drives daily with ease.
- Key 2022 upgrades: A 13.4-inch touchscreen and new safety features boost appeal.
- Proven durability: Regular care lets many hit 200,000 miles. Buyers trust that.
- Simple repairs: Dealers and parts stay easy to find. Costs stay low.
- Smart configs: 4WD adds $3,000 at resale over 2WD. Crew cab short beds sell fast.
Trim Value Snapshot
Premium trims hold a larger MSRP share. Demand stays firm on used lots. These values fit average miles and condition.
| Trim | Original MSRP | Current Value | Depreciation % |
|---|---|---|---|
| Work Truck | $33,200 | $19,200 | 42% |
| Custom | $40,200 | $25,500 | 37% |
| LT | $44,300 | $28,000 | 37% |
| RST | $50,200 | $32,300 | 36% |
| LTZ | $53,000 | $35,000 | 34% |
| High Country | $63,400 | $41,100 | 35% |
| ZR2 | $66,800 | $44,500 | 33% |
Mileage and Options Impact
Trucks shrug off miles better than sedans. Still, they shift prices. See ranges for a 2022 LT crew cab in good shape.
| Mileage | Value Range |
|---|---|
| Under 30,000 | $31,000 to $35,000 |
| 30,000 to 50,000 | $27,000 to $31,000 |
| 50,000 to 75,000 | $23,000 to $27,000 |
| 75,000 to 100,000 | $19,000 to $23,000 |
Max Tow package adds $2,000. Spray-in bedliner brings $500. Tech packages lift $1,000. Custom wheels and odd paint rarely add value.
Future Value Projections
Drops slow after year four if you maintain well. These figures assume average miles and no wrecks.
| Horizon | Projected Value | Total Depreciation from MSRP |
|---|---|---|
| 1 year out | $25,100 | 44% |
| 3 years out | $20,000 | 55% |
| 5 years out | $17,000 | 62% |
Low miles and full service records beat these. Past damage or extra miles hurt hard.
How the Silverado Compares
The 2022 Silverado 1500 leads full-size trucks in value hold. It matches the Ford F-150 and GMC Sierra close. Toyota Tundra edges ahead but starts pricier. Most trucks lose low to mid 40% in five years.
| Model | Typical 5-Year Depreciation |
|---|---|
| Toyota Tundra | About 30% |
| Chevrolet Silverado 1500 | About low 40% |
| Ford F-150 | About low 40% |
| GMC Sierra 1500 | About low to mid 40% |
| Ram 1500 | About mid 40% |
Silverado owners get solid price, features, and hold. Pick the right cab and drive type over tiny trim jumps.
Bottom Line
Your 2022 Silverado 1500 resale stays strong. Sell now with low miles and clean papers. Demand runs hot. Plan to keep it? Service on schedule. Store records. Depreciation eases ahead.
Buyers, chase LT or ZR2 in 4WD with tow package. Demand clean Carfax, low miles, service proof. Hunt in winter when stock grows and prices dip. Skip cosmetics that skip resale boost. This truck gives utility and steady value long term.
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