Used 2020 Chevrolet Silverado 1500 for SaleNationwide

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 7.89% compared to this time last year, making it a favorable time to shop this model year.

There are 9,530 listings available, which suggests solid inventory for you to compare trims and prices.

If you find a listing below $28,724.78, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2020 Chevrolet Silverado 1500 a good car?

Generally — with a 4.48/5 user rating and a 7.17/10 expert rating, this Silverado lands in solid territory for used-truck shoppers. The standout strength is Performance at 9/10.

Owners consistently praise the excellent fuel economy, smooth performance, and spacious interior. The truck also earns credit for multiple powertrain options and a comfortable overall feel, which helps it fit work, family, and everyday use.

The trade-offs are clear: advanced safety features are not standard, and value for money is a recurring concern. The overview also points to missing features for the price in some trims, so you should weigh equipment carefully against asking price.

With 30.9% of listings marked as good or great deals, you have room to shop selectively rather than rush.

Is the 2020 Chevrolet Silverado 1500 reliable?

Owners rate it 4.48/5, a solid signal of long-term satisfaction.

The owner feedback points to a truck that feels dependable in daily use, with praise for its smooth performance and fuel economy helping reinforce confidence over time. That kind of feedback matters when you want a used pickup you can count on for regular driving and hauling.

The expert evaluation also supports that sense of durability through its broad powertrain lineup and work-ready character. Chevrolet’s first scheduled service is free of charge, which is a small ownership perk that can help early maintenance costs.

For used buyers, the main long-term risk is less about basic dependability and more about getting a truck that was equipped and maintained well enough to avoid disappointment.

What should I look for when buying a used 2020 Chevrolet Silverado 1500?

At 73.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and then prioritize a pre-purchase inspection, especially if the truck has been used for towing, off-roading, or heavy work. Pay close attention to body condition, camera functionality, and interior wear, since some owners have flagged missing or disappointing features for the price.

Key things to evaluate:

• Trim level: The cabin design varies by trim, and the base versions are more utilitarian in feel. Higher trims add more upscale touches, while the Trail Boss treatment brings a more rugged look and off-road-oriented hardware.
• Powertrain: You get a choice among multiple engines, including a new 3.0-liter turbodiesel 6-cylinder for 2020. The diesel is noted for strong torque and highway efficiency, while the available 6.2-liter V8 delivers the most satisfying thrust.
• Safety package: Forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control are limited to LTZ and High Country. Blind-spot warning with rear cross-traffic warning can be added to LT and RST.
• Infotainment: You’ll find either a 7-inch or 8-inch touchscreen with Apple CarPlay, Android Auto, Chevrolet Connected Access services, and a 4G LTE WiFi hotspot. Available upgrades include navigation, wireless device charging, and a Bose premium sound system.
• Fuel efficiency: The diesel engine returns up to 27 mpg on the highway, and the test truck averaged 16.8 mpg in combined driving.

Which 2020 Chevrolet Silverado 1500 trim should I buy?

The 2020 Chevrolet Silverado 1500 is offered in 6 trim levels: WT (Work Truck), Custom, LT, RST, LTZ, and High Country.

Here's the short version:

• WT (Work Truck): This is the most basic path into the Silverado lineup, so it makes sense if you want a work-focused truck and plan to keep costs down.
• Custom: This trim adds a bit more everyday appeal than WT while staying on the affordable side, making it a practical choice if you want a little more style without chasing luxury.
• LT: This is the best-value trim for many shoppers because it sits in the middle of the range and gives you a more balanced mix of equipment and price.
• RST: Choose this if you want a more style-forward truck, and note that it can also be paired with added safety equipment that is not standard on lower trims.
• LTZ: This is where the more advanced driver-assistance features begin, including forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control.
• High Country: This is the most upscale choice, and it also gets the same advanced safety suite as LTZ, making it the trim to consider if you want the most premium Silverado experience.

For safety equipment, the advanced driver-assistance features are concentrated in LTZ and High Country, while LT and RST can be equipped with blind-spot warning and rear cross-traffic warning.

Is now a good time to buy a used 2020 Chevrolet Silverado 1500?

The market looks moderate and selective-buyer friendly, so you can shop carefully and still find opportunities.

• Deal availability: 30.9% of listings are priced as good or great deals.
• Inventory: There are 9,530 listings available.
• Price trend: Prices have softened 7.89% compared with last year.
• Clean inventory: 73.1% of listings are accident-free.

If you find a listing below $28,724.78, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Silverado 1500's resale value?

The current average of $28,720 sits slightly below last year's $31,181.

That price movement suggests the market has already absorbed some depreciation, which can help you if you buy now and hold the truck for a few years. If demand stays steady, a lower entry price can soften the hit when you eventually resell.

The Silverado’s broad appeal and strong owner satisfaction should help support future demand. Trucks with this kind of mainstream popularity often remain easier to move than more niche vehicles.

Vehicles with solid owner satisfaction ratings, like this model year's 4.48/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Chevrolet Silverado 1500 safe?

The Silverado earns a four-star overall rating from NHTSA, with four-star ratings for driver and front passenger protection in a head-on collision. In IIHS testing, it earned a Marginal rating for front passenger protection in a small overlap frontal-impact collision on the right side, a Good rating for the driver on the left side, and Poor headlights.

It earns a 5/10 safety score from our experts.

Chevrolet includes a rear-seat reminder system and Teen Driver driving report card technologies as standard equipment. The more advanced driver-assistance systems are not broadly standard, though, and key features such as forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control are limited to LTZ and High Country.

That trim-level gap matters because the truck’s crash-test results and limited standard ADAS make safety equipment something you should verify carefully before buying.

Should I buy a 2020 Chevrolet Silverado 1500 or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 30.9% of listings are priced as good or great deals.
• At 73.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.89% compared with last year.
• Owners rate it 4.48/5 — a solid satisfaction signal.
• The 2020 adds a new 3.0-liter turbodiesel engine, a bed-view camera, and camera-based adaptive cruise control.

Consider the 2019 if:

• At $26,607, the 2019 costs less than the current year's $28,720 average.
• It’s a redesigned truck with a comfortable ride and strong owner appeal.

Consider the 2021 if:

• At $31,466, the 2021 costs more than the current year's $28,720 average.
• It adds a wider range of powertrain choices and easier-to-use technology.

The bottom line: If you want the best balance of price, features, and inventory, the 2020 is the smart default. If your budget is tighter, the 2019 can save you money, while the 2021 makes sense if you want to spend more for a broader feature set.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.