Depreciation
The depreciation graph and accompanying table on our page detail how the 2001 CHEVROLET SILVERADO 1500's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2001 CHEVROLET SILVERADO 1500 in 2001 was $48,170.
The average price for used 2001 CHEVROLET SILVERADO 1500 nowadays in 2024 is $7,995 which is 17% from the original price.
Estimated mileage driven per year is 10,178 miles.
The graph below is a depreciation curve for 2001 CHEVROLET SILVERADO 1500. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2001 CHEVROLET SILVERADO 1500 in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2001 MSRP | 0 mi | $48,170 | — | — | 100% | 0% |
| 2001 | 10,178 mi | $54,495 | −$6,325 | −13.13% | 113.13% | -13.13% |
| 2002 | 20,356 mi | $47,998 | +$6,497 | +11.92% | 99.64% | 0.36% |
| 2003 | 30,534 mi | $43,990 | +$4,008 | +8.35% | 91.32% | 8.68% |
| 2004 | 40,712 mi | $38,605 | +$5,385 | +12.24% | 80.14% | 19.86% |
| 2005 | 50,890 mi | $35,884 | +$2,721 | +7.05% | 74.49% | 25.51% |
| 2006 | 61,068 mi | $32,990 | +$2,894 | +8.06% | 68.49% | 31.51% |
| 2007 | 71,246 mi | $28,902 | +$4,088 | +12.39% | 60% | 40% |
| 2008 | 81,424 mi | $26,988 | +$1,914 | +6.62% | 56.03% | 43.97% |
| 2009 | 91,602 mi | $24,796 | +$2,192 | +8.12% | 51.48% | 48.52% |
| 2010 | 101,780 mi | $21,997 | +$2,799 | +11.29% | 45.67% | 54.33% |
| 2011 | 111,958 mi | $19,951 | +$2,046 | +9.3% | 41.42% | 58.58% |
| 2012 | 122,136 mi | $16,263 | +$3,688 | +18.49% | 33.76% | 66.24% |
| 2013 | 132,314 mi | $14,999 | +$1,264 | +7.77% | 31.14% | 68.86% |
| 2014 | 142,492 mi | $13,990 | +$1,009 | +6.73% | 29.04% | 70.96% |
| 2015 | 152,670 mi | $12,985 | +$1,005 | +7.18% | 26.96% | 73.04% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET SILVERADO 1500’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2001 CHEVROLET SILVERADO 1500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2001 CHEVROLET SILVERADO 1500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $59,983 | 16 sales |
| 40,000 mi | $14,892 | 12 sales |
| 45,000 mi | $14,990 | 19 sales |
| 50,000 mi | $17,950 | 37 sales |
| 55,000 mi | $11,244 | 28 sales |
| 60,000 mi | $12,995 | 21 sales |
| 65,000 mi | $12,481 | 43 sales |
| 70,000 mi | $11,462 | 48 sales |
| 75,000 mi | $11,997 | 54 sales |
| 80,000 mi | $14,625 | 40 sales |
| 85,000 mi | $10,990 | 53 sales |
| 90,000 mi | $10,547 | 88 sales |
| 95,000 mi | $10,999 | 62 sales |
| 100,000 mi | $9,900 | 77 sales |
| 105,000 mi | $9,995 | 65 sales |
| 110,000 mi | $8,900 | 75 sales |
| 115,000 mi | $9,951 | 82 sales |
| 120,000 mi | $9,995 | 68 sales |
| 125,000 mi | $8,992 | 88 sales |
| 130,000 mi | $8,622 | 98 sales |
| 135,000 mi | $8,988 | 104 sales |
| 140,000 mi | $8,700 | 118 sales |
| 145,000 mi | $8,999 | 118 sales |
| 150,000 mi | $8,900 | 115 sales |
| 155,000 mi | $8,495 | 95 sales |
| 160,000 mi | $8,538 | 116 sales |
| 165,000 mi | $7,995 | 113 sales |
| 170,000 mi | $7,990 | 128 sales |
| 175,000 mi | $7,400 | 105 sales |
| 180,000 mi | $6,998 | 142 sales |
| 185,000 mi | $6,997 | 129 sales |
| 190,000 mi | $7,488 | 141 sales |
| 195,000 mi | $6,875 | 138 sales |
| 200,000 mi | $6,900 | 130 sales |
| 205,000 mi | $6,450 | 93 sales |
| 210,000 mi | $6,898 | 109 sales |
| 215,000 mi | $5,988 | 91 sales |
| 220,000 mi | $5,998 | 98 sales |
| 225,000 mi | $5,950 | 85 sales |
| 230,000 mi | $6,260 | 74 sales |
| 235,000 mi | $5,995 | 90 sales |
| 240,000 mi | $6,949 | 75 sales |
| 245,000 mi | $4,995 | 68 sales |
| 250,000 mi | $4,937 | 50 sales |
| 255,000 mi | $5,775 | 54 sales |
| 260,000 mi | $6,950 | 41 sales |
| 265,000 mi | $5,498 | 54 sales |
| 270,000 mi | $5,499 | 24 sales |
| 275,000 mi | $5,100 | 27 sales |
| 280,000 mi | $5,998 | 38 sales |
| 285,000 mi | $4,995 | 39 sales |
| 290,000 mi | $4,995 | 15 sales |
| 295,000 mi | $5,995 | 30 sales |
| 300,000 mi | $5,877 | 30 sales |
| 305,000 mi | $6,996 | 13 sales |
| 310,000 mi | $4,995 | 12 sales |
| 315,000 mi | $4,500 | 12 sales |
| 320,000 mi | $3,994 | 13 sales |
| 325,000 mi | $4,220 | 12 sales |
Frequently asked questions
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
Other years of CHEVROLET SILVERADO 1500
1994 CHEVROLET SILVERADO 1500
$12,250 average used price
1,700+ sales records
2003 CHEVROLET SILVERADO 1500
$8,500 average used price
17,300+ sales records
2005 CHEVROLET SILVERADO 1500
$9,860 average used price
25,000+ sales records
2008 CHEVROLET SILVERADO 1500
$10,991 average used price
49,500+ sales records
2020 CHEVROLET SILVERADO 1500
$35,884 average used price
454,100+ sales records
2023 CHEVROLET SILVERADO 1500
$47,998 average used price
12,200+ sales records
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