How much should I pay for a 2004 Chevy Silverado?
In general, expect a wide price range—roughly $3,500 to $20,000—driven by configuration, condition, mileage, and maintenance history. Most well-kept examples with decent miles fall in the single to mid five-figure range, with higher prices for crew-cab, 4x4, and diesel variants.
What affects the price
Several factors determine how much you’ll pay for a 2004 Silverado. The model variant (1500, 2500HD, 3500HD), the cab and bed configuration, the engine choice, and whether the truck is 2WD or 4WD all push price up or down. Mileage, rust, maintenance records, and any previous accidents also play a major role. Regional demand and the market for older pickups can create price spikes or discounts in your area.
Variants and configurations
Different trims and configurations command different values. A basic work-truck setup will typically be cheaper than a well-maintained crew-cab with a V8 or a Duramax diesel. Heavier-duty models (2500HD/3500HD) usually run higher prices even at the same mileage.
Condition and mileage
Condition and mileage are often more important than model year. A 2004 Silverado with lower miles, clean maintenance records, rust-free body panels, and a recent major service will fetch a premium versus a high-mile, rough-running example.
Pricing by configuration
Below are rough price ranges you can expect in today’s market for common 2004 Silverado configurations. Your local market may vary due to mileage, condition, and location.
- 2004 Chevrolet Silverado 1500, 2WD, Regular Cab, 4.3L V6: $3,500–$6,500
- 2004 Chevrolet Silverado 1500, 2WD, Extended/Crew Cab, 4.8L–5.3L V8: $4,500–$7,500
- 2004 Chevrolet Silverado 1500, 4x4, Crew Cab, 5.3L V8: $6,000–$9,500
- 2004 Chevrolet Silverado 2500HD, 4x4 (gas, 6.0L): $7,000–$12,000
- 2004 Chevrolet Silverado 2500HD, 4x4, Duramax LB7 diesel: $10,000–$16,000
- 2004 Chevrolet Silverado 3500HD, 4x4: $12,000–$18,000
These ranges reflect typical asking prices seen in many U.S. markets, but actual sale prices can be higher or lower depending on the factors noted above. Always verify with current listings and a mechanical inspection before buying.
How to price-check and negotiate
To arrive at a fair purchase price, compare several data sources and walk into negotiations informed. Use well-known price guides and local listings to triangulate value.
- Check online valuation tools for the exact trim and mileage you’re considering (Kelley Blue Book, NADA Guides, Edmunds True Market Value).
- Browse local listings on CarGurus, Autotrader, Facebook Marketplace, and craigslist to see asking prices in your area.
- Obtain a vehicle history report (VIN check) and request service records, particularly for major components like the transmission, transfer case, and timing belt/chain service if applicable.
- Arrange a pre-purchase inspection with a trusted mechanic who has experience with GM trucks.
- Negotiate using objective data: cite comparable listings, documented maintenance, and any needed repairs as leverage.
Remember that negotiation should be grounded in current market data and the specific condition of the truck you’re evaluating. If the price doesn’t reflect the vehicle’s issues or history, be prepared to walk away.
Inspection and buying tips
What to inspect before you buy
Thorough inspection can reveal issues that affect value and future repair costs. Focus on the engine, transmission, 4x4 system, brakes, suspension, rust, and the condition of the cab and bed. Check for signs of flood damage, frame rust, leaks, and prior repairs that might indicate a major problem down the line.
- Look for rust on rocker panels, cab corners, floor pans, and wheel wells.
- Test drive to assess acceleration, braking, steering, and suspension comfort on varied road surfaces.
- Check for engine misfires, unusual noises, oil leaks, and exhaust smoke.
- Inspect the transmission and 4x4 system for smooth shifts and proper engagement.
- Review maintenance records for timing components, fluids, and any major repairs.
A careful pre-purchase inspection and a solid price benchmark will help you land a fair deal on a 2004 Silverado that fits your needs.
Summary
The 2004 Chevy Silverado encompasses a range of configurations—from basic work trucks to heavier-duty HD variants with diesel power. Prices in today’s market typically span from roughly $3,500 to $20,000, depending on configuration, mileage, and overall condition. Do your homework with valuation guides, compare local listings, and insist on a pre-purchase inspection to ensure you’re paying a fair price for a truck that will serve you well.
