Depreciation
The depreciation graph and accompanying table on our page detail how the 2011 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) 2011 CHEVROLET SILVERADO 3500 in 2011 was $67,000.
The average price for used 2011 CHEVROLET SILVERADO 3500 nowadays in 2024 is $26,990 which is 40% from the original price.
Estimated mileage driven per year is 12,857 miles.
The graph below is a depreciation curve for 2011 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 2011 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 | ||
|---|---|---|---|---|---|---|
| 2011 MSRP | 0 mi | $67,000 | — | — | 100% | 0% |
| 2011 | 12,857 mi | $74,015 | −$7,015 | −10.47% | 110.47% | -10.47% |
| 2012 | 25,714 mi | $66,588 | +$7,427 | +10.03% | 99.39% | 0.61% |
| 2013 | 38,571 mi | $62,750 | +$3,838 | +5.76% | 93.66% | 6.34% |
| 2014 | 51,428 mi | $57,984 | +$4,766 | +7.6% | 86.54% | 13.46% |
| 2015 | 64,285 mi | $54,955 | +$3,029 | +5.22% | 82.02% | 17.98% |
| 2016 | 77,142 mi | $49,990 | +$4,965 | +9.03% | 74.61% | 25.39% |
| 2017 | 89,999 mi | $46,890 | +$3,100 | +6.2% | 69.99% | 30.01% |
| 2018 | 102,856 mi | $42,439 | +$4,451 | +9.49% | 63.34% | 36.66% |
| 2019 | 115,713 mi | $40,997 | +$1,442 | +3.4% | 61.19% | 38.81% |
| 2020 | 128,570 mi | $37,751 | +$3,246 | +7.92% | 56.34% | 43.66% |
| 2021 | 141,427 mi | $30,995 | +$6,756 | +17.9% | 46.26% | 53.74% |
| 2022 | 154,284 mi | $29,500 | +$1,495 | +4.82% | 44.03% | 55.97% |
| 2023 | 167,141 mi | $26,900 | +$2,600 | +8.81% | 40.15% | 59.85% |
| 2024 | 179,998 mi | $26,990 | −$90 | −0.33% | 40.28% | 59.72% |
| 2025 | 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 2011 CHEVROLET SILVERADO 3500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2011 CHEVROLET SILVERADO 3500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 10,000 mi | $29,965 | 14 sales |
| 15,000 mi | $29,850 | 18 sales |
| 20,000 mi | $29,285 | 41 sales |
| 25,000 mi | $29,995 | 29 sales |
| 30,000 mi | $36,250 | 64 sales |
| 35,000 mi | $39,856 | 59 sales |
| 40,000 mi | $39,900 | 101 sales |
| 45,000 mi | $35,001 | 92 sales |
| 50,000 mi | $34,995 | 98 sales |
| 55,000 mi | $35,000 | 106 sales |
| 60,000 mi | $35,950 | 112 sales |
| 65,000 mi | $35,698 | 116 sales |
| 70,000 mi | $36,800 | 146 sales |
| 75,000 mi | $35,995 | 230 sales |
| 80,000 mi | $33,990 | 153 sales |
| 85,000 mi | $33,490 | 220 sales |
| 90,000 mi | $32,995 | 185 sales |
| 95,000 mi | $30,998 | 191 sales |
| 100,000 mi | $32,066 | 184 sales |
| 105,000 mi | $32,032 | 170 sales |
| 110,000 mi | $32,125 | 166 sales |
| 115,000 mi | $30,918 | 155 sales |
| 120,000 mi | $28,602 | 177 sales |
| 125,000 mi | $31,047 | 174 sales |
| 130,000 mi | $29,995 | 179 sales |
| 135,000 mi | $29,242 | 188 sales |
| 140,000 mi | $29,898 | 187 sales |
| 145,000 mi | $28,687 | 154 sales |
| 150,000 mi | $27,500 | 171 sales |
| 155,000 mi | $27,777 | 113 sales |
| 160,000 mi | $27,467 | 146 sales |
| 165,000 mi | $27,753 | 106 sales |
| 170,000 mi | $25,897 | 99 sales |
| 175,000 mi | $26,990 | 90 sales |
| 180,000 mi | $24,590 | 103 sales |
| 185,000 mi | $24,100 | 92 sales |
| 190,000 mi | $23,900 | 55 sales |
| 195,000 mi | $23,900 | 91 sales |
| 200,000 mi | $24,450 | 76 sales |
| 205,000 mi | $23,250 | 88 sales |
| 210,000 mi | $23,623 | 53 sales |
| 215,000 mi | $23,000 | 57 sales |
| 220,000 mi | $19,900 | 67 sales |
| 225,000 mi | $22,970 | 58 sales |
| 230,000 mi | $20,994 | 40 sales |
| 235,000 mi | $20,000 | 25 sales |
| 240,000 mi | $21,948 | 32 sales |
| 245,000 mi | $20,000 | 41 sales |
| 250,000 mi | $21,243 | 28 sales |
| 255,000 mi | $19,995 | 20 sales |
| 260,000 mi | $16,450 | 19 sales |
| 265,000 mi | $23,995 | 23 sales |
| 270,000 mi | $20,983 | 10 sales |
| 290,000 mi | $19,995 | 15 sales |
| 315,000 mi | $22,891 | 13 sales |
Frequently asked questions
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
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.
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.
Other years of CHEVROLET SILVERADO 3500
2002 CHEVROLET SILVERADO 3500
$15,995 average used price
1,100+ sales records
2006 CHEVROLET SILVERADO 3500
$19,980 average used price
3,200+ sales records
2015 CHEVROLET SILVERADO 3500
$37,751 average used price
18,800+ sales records
2016 CHEVROLET SILVERADO 3500
$40,997 average used price
15,600+ sales records
2020 CHEVROLET SILVERADO 3500
$54,955 average used price
29,100+ sales records
2022 CHEVROLET SILVERADO 3500
$62,750 average used price
19,500+ sales records
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