Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 CHEVROLET SILVERADO 3500'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) 2007 CHEVROLET SILVERADO 3500 in 2007 was $67,000.
The average price for used 2007 CHEVROLET SILVERADO 3500 nowadays in 2024 is $20,746 which is 31% from the original price.
Estimated mileage driven per year is 12,857 miles.
The graph below is a depreciation curve for 2007 CHEVROLET SILVERADO 3500. 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 2007 CHEVROLET SILVERADO 3500 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 | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $67,000 | — | — | 100% | 0% |
| 2007 | 12,857 mi | $74,015 | −$7,015 | −10.47% | 110.47% | -10.47% |
| 2008 | 25,714 mi | $66,588 | +$7,427 | +10.03% | 99.39% | 0.61% |
| 2009 | 38,571 mi | $62,750 | +$3,838 | +5.76% | 93.66% | 6.34% |
| 2010 | 51,428 mi | $57,984 | +$4,766 | +7.6% | 86.54% | 13.46% |
| 2011 | 64,285 mi | $54,955 | +$3,029 | +5.22% | 82.02% | 17.98% |
| 2012 | 77,142 mi | $49,990 | +$4,965 | +9.03% | 74.61% | 25.39% |
| 2013 | 89,999 mi | $46,890 | +$3,100 | +6.2% | 69.99% | 30.01% |
| 2014 | 102,856 mi | $42,439 | +$4,451 | +9.49% | 63.34% | 36.66% |
| 2015 | 115,713 mi | $40,997 | +$1,442 | +3.4% | 61.19% | 38.81% |
| 2016 | 128,570 mi | $37,751 | +$3,246 | +7.92% | 56.34% | 43.66% |
| 2017 | 141,427 mi | $30,995 | +$6,756 | +17.9% | 46.26% | 53.74% |
| 2018 | 154,284 mi | $29,500 | +$1,495 | +4.82% | 44.03% | 55.97% |
| 2019 | 167,141 mi | $26,900 | +$2,600 | +8.81% | 40.15% | 59.85% |
| 2020 | 179,998 mi | $26,990 | −$90 | −0.33% | 40.28% | 59.72% |
| 2021 | 192,855 mi | $21,995 | +$4,995 | +18.51% | 32.83% | 67.17% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET SILVERADO 3500’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 2007 CHEVROLET SILVERADO 3500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 CHEVROLET SILVERADO 3500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $23,995 | 17 sales |
| 25,000 mi | $31,499 | 16 sales |
| 30,000 mi | $31,981 | 19 sales |
| 35,000 mi | $33,495 | 26 sales |
| 40,000 mi | $25,656 | 29 sales |
| 45,000 mi | $27,297 | 34 sales |
| 50,000 mi | $20,950 | 36 sales |
| 55,000 mi | $29,977 | 23 sales |
| 60,000 mi | $22,000 | 76 sales |
| 65,000 mi | $32,345 | 58 sales |
| 70,000 mi | $14,994 | 99 sales |
| 75,000 mi | $26,900 | 62 sales |
| 80,000 mi | $28,200 | 67 sales |
| 85,000 mi | $26,500 | 72 sales |
| 90,000 mi | $24,998 | 92 sales |
| 95,000 mi | $27,888 | 79 sales |
| 100,000 mi | $23,145 | 106 sales |
| 105,000 mi | $26,395 | 106 sales |
| 110,000 mi | $25,966 | 93 sales |
| 115,000 mi | $24,900 | 68 sales |
| 120,000 mi | $27,250 | 62 sales |
| 125,000 mi | $25,450 | 86 sales |
| 130,000 mi | $25,750 | 87 sales |
| 135,000 mi | $25,928 | 58 sales |
| 140,000 mi | $23,998 | 83 sales |
| 145,000 mi | $24,295 | 90 sales |
| 150,000 mi | $21,629 | 72 sales |
| 155,000 mi | $20,000 | 69 sales |
| 160,000 mi | $21,713 | 65 sales |
| 165,000 mi | $21,300 | 80 sales |
| 170,000 mi | $21,977 | 69 sales |
| 175,000 mi | $20,000 | 73 sales |
| 180,000 mi | $19,999 | 73 sales |
| 185,000 mi | $19,985 | 71 sales |
| 190,000 mi | $20,134 | 76 sales |
| 195,000 mi | $18,000 | 63 sales |
| 200,000 mi | $15,995 | 93 sales |
| 205,000 mi | $19,500 | 73 sales |
| 210,000 mi | $18,000 | 60 sales |
| 215,000 mi | $15,975 | 48 sales |
| 220,000 mi | $17,147 | 42 sales |
| 225,000 mi | $17,500 | 67 sales |
| 230,000 mi | $18,892 | 29 sales |
| 235,000 mi | $16,500 | 35 sales |
| 240,000 mi | $15,000 | 41 sales |
| 245,000 mi | $15,500 | 24 sales |
| 250,000 mi | $16,990 | 55 sales |
| 255,000 mi | $17,990 | 60 sales |
| 260,000 mi | $16,900 | 37 sales |
| 265,000 mi | $16,495 | 20 sales |
| 270,000 mi | $16,988 | 19 sales |
| 275,000 mi | $16,991 | 15 sales |
| 280,000 mi | $15,995 | 19 sales |
| 285,000 mi | $15,000 | 17 sales |
| 290,000 mi | $17,959 | 19 sales |
| 295,000 mi | $10,488 | 14 sales |
| 320,000 mi | $14,900 | 26 sales |
| 355,000 mi | $12,990 | 24 sales |
| 370,000 mi | $18,071 | 13 sales |
Frequently asked questions
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
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.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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.
Proper maintenance and good condition can slow the depreciation of a 2007 CHEVROLET SILVERADO 3500 by making it more attractive to potential buyers, thereby preserving more of its value.
Aftermarket modifications can affect the depreciation of 2007 CHEVROLET SILVERADO 3500 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.
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.
Other years of CHEVROLET SILVERADO 3500
1994 CHEVROLET SILVERADO 3500
$12,500 average used price
160+ sales records
2003 CHEVROLET SILVERADO 3500
$16,438 average used price
1,700+ sales records
2004 CHEVROLET SILVERADO 3500
$16,485 average used price
2,400+ sales records
2010 CHEVROLET SILVERADO 3500
$21,995 average used price
1,100+ sales records
2012 CHEVROLET SILVERADO 3500
$26,900 average used price
5,300+ sales records
2019 CHEVROLET SILVERADO 3500
$49,990 average used price
21,000+ sales records
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