Used 2020 Chevrolet Silverado 1500 for SaleNationwide

How much does the 2020 Chevrolet Silverado 1500 cost?

Prices have softened 8.86% compared to this time last year, making it a favorable time to shop this model year.

There are 13,467 listings available, which suggests you have a healthy amount of inventory to compare.

Is the 2020 Chevrolet Silverado 1500 a good car?

Yes — the 2020 Chevrolet Silverado 1500 earns a 4.5/5 user rating and a 7.2/10 expert rating. The standout strength is Performance at 9/10.

Owners consistently point to the truck’s smooth performance, excellent fuel economy, and spacious interior. Those themes fit the Silverado’s broad use case well: it is built for work, play, and everyday driving, with enough configuration variety to suit buyers who want a truck that can do more than one job.

The trade-offs are just as clear. The expert review calls out poor value for money and notes that advanced safety features are not standard, so you may need to shop carefully if you want more equipment for the price.

Only 32.3% of listings are priced as good or great deals, so the market has some value opportunities but still rewards selective shopping.

Is the 2020 Chevrolet Silverado 1500 reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The owner feedback also points to a truck that feels dependable in daily use, with praise for smooth performance and a generally trouble-free ownership experience. That kind of feedback matters when you’re looking at a used full-size pickup, because it suggests the truck can be counted on for regular driving as well as heavier-duty tasks.

The expert review also reinforces that impression by describing the Silverado as fundamentally sound, even while noting its shortcomings elsewhere. 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 not basic durability so much as whether the truck was maintained well and equipped with the features you expect.

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

At 71.5% 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 thorough pre-purchase inspection, especially if you’re considering a higher-mileage truck or one that has been used for towing or off-road driving. Pay close attention to body condition, camera and sensor operation, interior wear, and signs that the truck has been worked hard.

Key things to evaluate:

• Trim level: The Silverado’s trim spread includes WT, Custom, LT, RST, LTZ, and High Country, with noticeable differences in exterior treatment and cabin finish. Base versions are more utilitarian, while higher trims add more upscale appearance and equipment.
• Powertrain: You can choose from multiple engines, including a 3.0-liter turbodiesel 6-cylinder, and Chevrolet broadens availability of the turbocharged 2.7-liter 4-cylinder, 6.2-liter V8, and 10-speed automatic transmission for 2020. The diesel can return up to 27 mpg on the highway.
• Safety package: Chevrolet’s driver-assistance suite includes forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control, but those features are limited to LTZ and High Country. Blind-spot warning with rear cross-traffic warning can be added to LT and RST.
• Infotainment: You get 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 7-speaker Bose premium sound system.
• Fuel efficiency: The 3.0-liter turbodiesel is rated 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, Custom, LT, RST, LTZ, and High Country.

Here's the short version:

• WT: This is the work-focused starting point, so it makes sense if you want the Silverado’s core capability without paying for extra appearance or comfort upgrades.
• Custom: This trim adds a bit more everyday appeal while staying on the value side of the lineup, making it a sensible step up if you want a little more polish.
• LT: This is the best-value trim for many shoppers because it sits in the middle of the range and can be paired with useful equipment, including available blind-spot warning with rear cross-traffic warning.
• RST: Choose this if you want a more style-forward truck and still want access to some of the useful safety tech that isn’t standard on lower trims.
• LTZ: This is where the Silverado’s more advanced safety equipment becomes available, 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 makes sense if you want the most premium version of the Silverado with the broadest safety-tech availability.

The safety package is not fully spread across the lineup, so if advanced driver assistance matters to you, focus on LTZ or High Country.

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

This is a moderate market for selective buyers, with enough inventory and pricing softness to reward careful shopping.

• Deal availability: 32.3% of listings are priced as good or great deals.
• Inventory: There are 13,467 listings available.
• Price trend: Prices have softened 8.86% compared with last year.
• Clean inventory: 71.5% of listings are accident-free.

If you find a listing below $27,704, 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 $27,704 sits slightly below last year's $30,396.

That decline suggests the market has become more favorable for buyers, but it also means future sellers may face a softer pricing environment than owners saw a year ago. If you buy now, you’re entering at a lower average cost basis than last year’s shoppers did.

For resale, the Silverado’s broad appeal and strong owner satisfaction can help support demand, especially if you choose a well-equipped trim and keep the truck in clean condition. Trucks with the right mix of capability, comfort, and reputation tend to hold buyer interest better than more niche vehicles.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2020 Chevrolet Silverado 1500 safe?

The 2020 Chevrolet Silverado 1500 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’s driver-assistance suite is limited to higher trims. Forward-collision warning with automatic emergency braking, lane-departure warning, lane-keeping assist, and camera-based adaptive cruise control are reserved for LTZ and High Country, while blind-spot warning with rear cross-traffic warning can be added to LT and RST.

That trim-level gap matters because the Silverado’s crash-test results are not especially strong, and the headlights are a known weak point. If safety is a priority, you should focus on a better-equipped trim rather than assuming the truck includes the latest protection tech by default.

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:

• 32.3% of listings are priced as good or great deals.
• At 71.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 8.86% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.
• The 2020 adds a new 3.0-liter turbodiesel engine, broader powertrain availability, a bed-view camera, and camera-based adaptive cruise control.

Consider the 2019 if:

• At $25,753, the 2019 costs less than the current year's $27,704 average.
• The redesigned 2019 emphasizes comfort, solid performance, and a spacious interior.

Consider the 2021 if:

• At $30,197, the 2021 costs more than the current year's $27,704 average.
• It adds broad appeal with easy-to-use technology and a more fundamentally sound package.

The bottom line: If you want the best mix of price and updates, the 2020 is the primary path to consider. If you’re especially price-sensitive, the 2019 can save you money while still delivering the Silverado’s core strengths.

How does the 2020 Chevrolet Silverado 1500 compare to the 2020 Ford F-150?

Expert Pros & Cons (per CarGurus review team)

2020 Chevrolet Silverado 1500:

• Pros: Multiple powertrain options, Comfortable.
• Cons: Advanced safety features are not standard, Poor value for money.

2020 Ford F-150:

• Pros: Stylish design, Multiple powertrain options, Spacious.
• Cons: Advanced safety features are not standard, Interior materials feel cheap.

Our experts score the 2020 Chevrolet Silverado 1500 7.2/10 and the 2020 Ford F-150 8.3/10. The Silverado leans on comfort and a wide range of powertrain choices, while the F-150 adds a more stylish design and a slightly stronger overall expert score. Both trucks share the same safety-tech limitation, but the Silverado’s value concerns make it the harder sell if you’re comparing them strictly on the expert review.

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.