Depreciation
The depreciation graph and accompanying table on our page detail how the 2022 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) 2022 CHEVROLET SILVERADO 3500 in 2022 was $67,000.
The average price for used 2022 CHEVROLET SILVERADO 3500 nowadays in 2024 is $62,750 which is 94% from the original price.
Estimated mileage driven per year is 12,857 miles.
The graph below is a depreciation curve for 2022 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 2022 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 | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $67,000 | — | — | 100% | 0% |
| 2022 | 12,857 mi | $74,015 | −$7,015 | −10.47% | 110.47% | -10.47% |
| 2023 | 25,714 mi | $66,588 | +$7,427 | +10.03% | 99.39% | 0.61% |
| 2024 | 38,571 mi | $62,750 | +$3,838 | +5.76% | 93.66% | 6.34% |
| 2025 | 51,428 mi | $57,984 | +$4,766 | +7.6% | 86.54% | 13.46% |
| 2026 | 64,285 mi | $54,955 | +$3,029 | +5.22% | 82.02% | 17.98% |
| 2027 | 77,142 mi | $49,990 | +$4,965 | +9.03% | 74.61% | 25.39% |
| 2028 | 89,999 mi | $46,890 | +$3,100 | +6.2% | 69.99% | 30.01% |
| 2029 | 102,856 mi | $42,439 | +$4,451 | +9.49% | 63.34% | 36.66% |
| 2030 | 115,713 mi | $40,997 | +$1,442 | +3.4% | 61.19% | 38.81% |
| 2031 | 128,570 mi | $37,751 | +$3,246 | +7.92% | 56.34% | 43.66% |
| 2032 | 141,427 mi | $30,995 | +$6,756 | +17.9% | 46.26% | 53.74% |
| 2033 | 154,284 mi | $29,500 | +$1,495 | +4.82% | 44.03% | 55.97% |
| 2034 | 167,141 mi | $26,900 | +$2,600 | +8.81% | 40.15% | 59.85% |
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 2022 CHEVROLET SILVERADO 3500. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 CHEVROLET SILVERADO 3500 by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $77,998 | 305 sales |
| 5,000 mi | $75,000 | 690 sales |
| 10,000 mi | $73,414 | 812 sales |
| 15,000 mi | $69,987 | 803 sales |
| 20,000 mi | $68,997 | 595 sales |
| 25,000 mi | $67,988 | 469 sales |
| 30,000 mi | $66,899 | 387 sales |
| 35,000 mi | $64,990 | 308 sales |
| 40,000 mi | $63,711 | 243 sales |
| 45,000 mi | $63,721 | 191 sales |
| 50,000 mi | $63,939 | 169 sales |
| 55,000 mi | $61,997 | 114 sales |
| 60,000 mi | $63,389 | 73 sales |
| 65,000 mi | $60,800 | 64 sales |
| 70,000 mi | $59,913 | 68 sales |
| 75,000 mi | $59,495 | 51 sales |
| 80,000 mi | $58,500 | 27 sales |
| 85,000 mi | $56,868 | 31 sales |
| 90,000 mi | $55,995 | 36 sales |
| 95,000 mi | $58,495 | 22 sales |
| 100,000 mi | $55,167 | 15 sales |
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
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.
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.
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 economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
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.
Proper maintenance and good condition can slow the depreciation of a 2022 CHEVROLET SILVERADO 3500 by making it more attractive to potential buyers, thereby preserving more of its value.
Aftermarket modifications can affect the depreciation of 2022 CHEVROLET SILVERADO 3500 either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary 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.
Other years of CHEVROLET SILVERADO 3500
2002 CHEVROLET SILVERADO 3500
$15,995 average used price
1,100+ sales records
2008 CHEVROLET SILVERADO 3500
$21,980 average used price
3,600+ sales records
2012 CHEVROLET SILVERADO 3500
$26,900 average used price
5,300+ sales records
2015 CHEVROLET SILVERADO 3500
$37,751 average used price
18,800+ sales records
2017 CHEVROLET SILVERADO 3500
$42,439 average used price
11,600+ sales records
2021 CHEVROLET SILVERADO 3500
$57,984 average used price
17,400+ sales records
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