How much will the 2023 Silverado cost?
The 2023 Silverado 1500 priced roughly from the high $30,000s to the low $60,000s when sold new, depending on trim and options. In 2025, used examples range widely depending on mileage, condition, cab and bed configuration, and drivetrain.
Prices for a 2023 Silverado can vary by region, dealer incentives, and whether a buyer is looking at a new or used vehicle. This article breaks down the sticker-price spectrum for new models and the prevailing used-market ranges you’re likely to encounter today.
New-vehicle price range by trim (MSRP)
Below is a snapshot of the manufacturer's suggested retail price range across the Silverado 1500 lineup for the 2023 model year. These figures are before destination charges and any dealer incentives.
- Work Truck (WT) 2WD — starting around $37,000
- Custom 2WD — starting around $41,000
- LT 2WD — starting around $45,000
- LTZ 4x4 — starting around $59,000
- High Country — starting around $63,000
Work Truck (WT) and baseline configurations provide the entry point into the Silverado lineup.
Note: Destination charges (typical in the ballpark of roughly $1,500–$1,700 in recent years) and any optional packages can push the exact final price higher. Incentives or dealer pricing may also affect the negotiated price.
Used 2023 Silverado prices in 2025
As of 2025, the used market shows a wide spread based on mileage, condition, and configuration. The ranges below reflect common listings and are intended as a broad guide rather than a guarantee of price.
- Higher-mileage base models (WT/Custom) — typically about $25,000–$35,000
- Mid-range trims (LT/LT Trail Boss) with moderate miles — typically about $32,000–$45,000
- Premium trims (LTZ/High Country) or crew-cab configurations with lower miles — typically about $40,000–$60,000
Prices on the used market can swing based on regional demand, local supply, and whether the vehicle has a clean history, recent maintenance, or transferable warranties. Always review a vehicle history report and have a pre-purchase inspection when buying used.
What affects price most
Several factors drive the price of a 2023 Silverado, whether new or used. Key influences include the trim level, cab and bed configuration (Regular, Double, or Crew Cab with various bed lengths), drivetrain (2WD vs 4x4), engine choice, mileage, overall condition, and optional features or packages. Location and current market demand also play a significant role in the final sticker or sale price.
- Trim level and available features
- Cab/bed configuration and body style
- Drivetrain (2WD vs 4x4)
- Engine choice and towing equipment
- Mileage and vehicle condition
- Regional market demand and dealer pricing
Understanding these factors helps buyers estimate fair prices and spot good deals when shopping for either a new or used 2023 Silverado.
Tips for finding the best price
Before you start shopping, use these practical steps to maximize value and minimize surprises.
- Shop multiple dealers and compare online listings to gauge market price.
- Consider both Certified Pre-Owned (CPO) and non-CPO used options; weigh warranty coverage and price.
- Check the vehicle history, inspection reports, and maintenance records to avoid hidden costs.
- Arrange financing separately and compare loan terms to maximize total savings.
- Negotiate price first, then discuss trade-ins or add-ons to avoid circular pricing.
These actionable steps can help you secure a better price whether you’re buying new or pre-owned.
By evaluating these factors and using a disciplined negotiation approach, buyers can land a fair price on a 2023 Silverado, whether they opt for a new model (where available on dealer lots) or a well-kept used example.
Summary
For new 2023 Silverado 1500s, expect a price spread from roughly $37,000 to around $63,000 before destination charges and incentives, varying by trim and options. In 2025, used examples typically range from the mid-$20,000s to the $60,000s depending on mileage, trim, and condition. The most influential price drivers are trim level, cab/bed configuration, drivetrain, engine, and miles. To maximize value, compare multiple listings, review vehicle history, and negotiate thoughtfully.
