How much is a 2004 Chevy Silverado worth today?
Prices for a 2004 Silverado today commonly range from roughly $2,500 to $8,000, with higher figures possible for exceptionally clean, low-mileage trucks or higher trims. The exact value depends on trim, cab configuration, engine choice, mileage, condition, and regional demand.
To understand how a 2004 Silverado's value is determined in 2025, it's important to consider its configuration, mechanical condition, and maintenance history, along with market factors such as supply and local demand. This guide outlines the main factors and typical price ranges you might encounter in today's market.
Key factors shaping a 2004 Silverado's value
Understanding the main variables that influence price:
- Trim level and cab/bed configuration (WT, LS, LT, or LTZ; Regular, Extended, or Crew Cab; 6.5-foot vs. shorter beds).
- Engine and drivetrain (4.3L V6, 4.8/5.3L V8, 6.0L V8; 4x2 vs. 4x4).
- Mileage and overall condition (interior wear, mechanical reliability, rust, and frame integrity).
- Maintenance history and service records, including major recent work.
- Accident history and title status (clean title vs. rebuilt/salvaged).
- Modifications or aftermarket parts, which can affect resale value positively or negatively.
- Regional market dynamics and demand, which vary by region and season.
Because every truck is unique, buyers and sellers should cross-check multiple valuation sources and compare local listings to gauge a fair price in their area.
Estimated price ranges by condition and mileage
Use these ranges as a rough guide for typical private-party pricing in the current market. They reflect common variations in trim, mileage, and condition and will differ by region.
Typical mileage bands
- Low miles / excellent condition (roughly under 120,000 miles): commonly around $7,000 to $12,000 depending on trim and engine.
- Moderate mileage / good condition (about 120,000 to 180,000 miles): typically $4,000 to $8,000.
- High mileage / fair condition (over 180,000 miles): roughly $2,500 to $4,500.
These brackets illustrate how mileage and condition influence values, but actual prices will vary with location, maintenance, and specific trim or options.
How to determine the current value today
To nail down a precise value for a given 2004 Silverado, consult multiple sources and compare comparable local listings:
- Check valuation guides such as Kelley Blue Book (KBB), NADA Guides, and Edmunds for private-party prices matching your truck’s exact configuration and mileage.
- Search current local listings to see what similar trucks are selling for in your area.
- Have the vehicle inspected to assess mechanical condition and identify items that could affect price (e.g., transmission, suspension, rust).
By triangulating these sources, buyers can set a realistic target price and sellers can price competitively while allowing room for negotiation.
What this means for buyers and sellers
For buyers, the 2004 Silverado can be a solid value if you prioritize condition and service history over age. For sellers, emphasizing maintenance records, rust-free frame, and recent major repairs can justify a higher asking price, especially for LT and LTZ trims with desirable options.
Summary
The 2004 Chevy Silverado sits in a wide value band in today's market, with typical private-party prices spanning from the low thousands to around ten thousand dollars, depending on mileage, condition, trim, and configuration. Prospective buyers should compare valuation guides, review local listings, and obtain a thorough mechanical inspection to establish a fair price. For sellers, transparency about maintenance history and the truck’s condition can help command a better price in a competitive market.
