Depreciation
The depreciation graph and accompanying table on our page detail how the 2017 CHEVROLET SILVERADO 2500'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) 2017 CHEVROLET SILVERADO 2500 in 2017 was $59,523.
The average price for used 2017 CHEVROLET SILVERADO 2500 nowadays in 2024 is $38,792 which is 65% from the original price.
Estimated mileage driven per year is 12,227 miles.
The graph below is a depreciation curve for 2017 CHEVROLET SILVERADO 2500. 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 2017 CHEVROLET SILVERADO 2500 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 | ||
|---|---|---|---|---|---|---|
| 2017 MSRP | 0 mi | $59,523 | — | — | 100% | 0% |
| 2017 | 12,227 mi | $67,498 | −$7,975 | −13.4% | 113.4% | -13.4% |
| 2018 | 24,454 mi | $55,599 | +$11,899 | +17.63% | 93.41% | 6.59% |
| 2019 | 36,681 mi | $53,992 | +$1,607 | +2.89% | 90.71% | 9.29% |
| 2020 | 48,908 mi | $48,937 | +$5,055 | +9.36% | 82.22% | 17.78% |
| 2021 | 61,135 mi | $48,995 | −$58 | −0.12% | 82.31% | 17.69% |
| 2022 | 73,362 mi | $45,132 | +$3,863 | +7.88% | 75.82% | 24.18% |
| 2023 | 85,589 mi | $41,995 | +$3,137 | +6.95% | 70.55% | 29.45% |
| 2024 | 97,816 mi | $38,792 | +$3,203 | +7.63% | 65.17% | 34.83% |
| 2025 | 110,043 mi | $36,000 | +$2,792 | +7.2% | 60.48% | 39.52% |
| 2026 | 122,270 mi | $32,289 | +$3,711 | +10.31% | 54.25% | 45.75% |
| 2027 | 134,497 mi | $27,187 | +$5,102 | +15.8% | 45.67% | 54.33% |
| 2028 | 146,724 mi | $24,970 | +$2,217 | +8.15% | 41.95% | 58.05% |
| 2029 | 158,951 mi | $22,988 | +$1,982 | +7.94% | 38.62% | 61.38% |
| 2030 | 171,178 mi | $21,000 | +$1,988 | +8.65% | 35.28% | 64.72% |
| 2031 | 183,405 mi | $17,997 | +$3,003 | +14.3% | 30.24% | 69.76% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET SILVERADO 2500’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 2017 CHEVROLET SILVERADO 2500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2017 CHEVROLET SILVERADO 2500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $54,495 | 16 sales |
| 15,000 mi | $48,698 | 24 sales |
| 20,000 mi | $43,999 | 25 sales |
| 25,000 mi | $44,990 | 41 sales |
| 30,000 mi | $44,977 | 97 sales |
| 35,000 mi | $46,952 | 103 sales |
| 40,000 mi | $44,999 | 121 sales |
| 45,000 mi | $44,657 | 161 sales |
| 50,000 mi | $42,400 | 183 sales |
| 55,000 mi | $48,500 | 163 sales |
| 60,000 mi | $45,899 | 207 sales |
| 65,000 mi | $42,871 | 250 sales |
| 70,000 mi | $42,116 | 277 sales |
| 75,000 mi | $44,784 | 277 sales |
| 80,000 mi | $40,764 | 284 sales |
| 85,000 mi | $44,995 | 257 sales |
| 90,000 mi | $40,900 | 302 sales |
| 95,000 mi | $40,738 | 299 sales |
| 100,000 mi | $41,000 | 235 sales |
| 105,000 mi | $41,550 | 246 sales |
| 110,000 mi | $39,887 | 222 sales |
| 115,000 mi | $39,834 | 206 sales |
| 120,000 mi | $39,950 | 167 sales |
| 125,000 mi | $39,000 | 152 sales |
| 130,000 mi | $35,000 | 167 sales |
| 135,000 mi | $38,000 | 144 sales |
| 140,000 mi | $34,248 | 114 sales |
| 145,000 mi | $32,500 | 125 sales |
| 150,000 mi | $32,900 | 97 sales |
| 155,000 mi | $28,795 | 77 sales |
| 160,000 mi | $31,449 | 66 sales |
| 165,000 mi | $27,998 | 61 sales |
| 170,000 mi | $29,999 | 58 sales |
| 175,000 mi | $23,971 | 26 sales |
| 180,000 mi | $25,900 | 41 sales |
| 185,000 mi | $23,999 | 49 sales |
| 190,000 mi | $23,995 | 29 sales |
| 195,000 mi | $23,848 | 22 sales |
| 200,000 mi | $28,064 | 16 sales |
| 205,000 mi | $27,248 | 18 sales |
| 210,000 mi | $19,900 | 14 sales |
| 230,000 mi | $29,999 | 10 sales |
Frequently asked questions
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 best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
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.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Aftermarket modifications can affect the depreciation of 2017 CHEVROLET SILVERADO 2500 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
Other years of CHEVROLET SILVERADO 2500
1999 CHEVROLET SILVERADO 2500
$10,943 average used price
1,100+ sales records
2005 CHEVROLET SILVERADO 2500
$15,900 average used price
16,600+ sales records
2006 CHEVROLET SILVERADO 2500
$17,995 average used price
14,600+ sales records
2014 CHEVROLET SILVERADO 2500
$27,187 average used price
17,800+ sales records
2016 CHEVROLET SILVERADO 2500
$36,000 average used price
66,000+ sales records
2023 CHEVROLET SILVERADO 2500
$55,599 average used price
2,600+ sales records
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2017 CHEVROLET SILVERADO 2500 on BADVIN
