Depreciation
The depreciation graph and accompanying table on our page detail how the 2014 CHEVROLET SILVERADO'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) 2014 CHEVROLET SILVERADO in 2014 was $66,245.
The average price for used 2014 CHEVROLET SILVERADO nowadays in 2024 is $24,999 which is 38% from the original price.
Estimated mileage driven per year is 13,127 miles.
The graph below is a depreciation curve for 2014 CHEVROLET SILVERADO. 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 2014 CHEVROLET SILVERADO 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 | ||
|---|---|---|---|---|---|---|
| 2014 MSRP | 0 mi | $66,245 | — | — | 100% | 0% |
| 2014 | 13,127 mi | $73,103 | −$6,858 | −10.35% | 110.35% | -10.35% |
| 2015 | 26,254 mi | $65,993 | +$7,110 | +9.73% | 99.62% | 0.38% |
| 2016 | 39,381 mi | $60,568 | +$5,425 | +8.22% | 91.43% | 8.57% |
| 2017 | 52,508 mi | $55,995 | +$4,573 | +7.55% | 84.53% | 15.47% |
| 2018 | 65,635 mi | $49,995 | +$6,000 | +10.72% | 75.47% | 24.53% |
| 2019 | 78,762 mi | $45,999 | +$3,996 | +7.99% | 69.44% | 30.56% |
| 2020 | 91,889 mi | $38,995 | +$7,004 | +15.23% | 58.86% | 41.14% |
| 2021 | 105,016 mi | $38,843 | +$152 | +0.39% | 58.64% | 41.36% |
| 2022 | 118,143 mi | $39,850 | −$1,007 | −2.59% | 60.16% | 39.84% |
| 2023 | 131,270 mi | $34,497 | +$5,353 | +13.43% | 52.07% | 47.93% |
| 2024 | 144,397 mi | $24,999 | +$9,498 | +27.53% | 37.74% | 62.26% |
| 2025 | 157,524 mi | $26,995 | −$1,996 | −7.98% | 40.75% | 59.25% |
| 2026 | 170,651 mi | $25,973 | +$1,022 | +3.79% | 39.21% | 60.79% |
| 2027 | 183,778 mi | $27,495 | −$1,522 | −5.86% | 41.51% | 58.49% |
| 2028 | 196,905 mi | $22,995 | +$4,500 | +16.37% | 34.71% | 65.29% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET SILVERADO’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 2014 CHEVROLET SILVERADO. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2014 CHEVROLET SILVERADO by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 40,000 mi | $42,990 | 17 sales |
| 45,000 mi | $47,237 | 10 sales |
| 55,000 mi | $45,985 | 15 sales |
| 60,000 mi | $37,654 | 15 sales |
| 65,000 mi | $43,988 | 23 sales |
| 70,000 mi | $43,000 | 19 sales |
| 75,000 mi | $40,749 | 20 sales |
| 80,000 mi | $34,896 | 14 sales |
| 85,000 mi | $42,550 | 24 sales |
| 90,000 mi | $39,990 | 23 sales |
| 95,000 mi | $38,799 | 13 sales |
| 100,000 mi | $36,991 | 19 sales |
| 105,000 mi | $39,995 | 19 sales |
| 110,000 mi | $39,388 | 26 sales |
| 115,000 mi | $36,995 | 19 sales |
| 120,000 mi | $38,999 | 32 sales |
| 125,000 mi | $37,615 | 11 sales |
| 130,000 mi | $35,470 | 22 sales |
| 135,000 mi | $34,172 | 10 sales |
| 140,000 mi | $26,995 | 27 sales |
| 145,000 mi | $30,000 | 20 sales |
| 150,000 mi | $30,984 | 25 sales |
| 155,000 mi | $29,925 | 14 sales |
| 160,000 mi | $30,995 | 19 sales |
| 165,000 mi | $34,011 | 15 sales |
| 170,000 mi | $31,450 | 16 sales |
| 175,000 mi | $30,995 | 22 sales |
| 180,000 mi | $29,451 | 15 sales |
| 185,000 mi | $26,975 | 10 sales |
| 190,000 mi | $32,490 | 10 sales |
| 200,000 mi | $27,084 | 10 sales |
| 210,000 mi | $26,244 | 10 sales |
Frequently asked questions
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
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.
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.
Proper maintenance and good condition can slow the depreciation of a 2014 CHEVROLET SILVERADO by making it more attractive to potential buyers, thereby preserving more of its value.
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 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.
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.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Other years of CHEVROLET SILVERADO
1995 CHEVROLET SILVERADO
80+ sales records
1997 CHEVROLET SILVERADO
40+ sales records
1999 CHEVROLET SILVERADO
20+ sales records
2001 CHEVROLET SILVERADO
$10,911 average used price
130+ sales records
2017 CHEVROLET SILVERADO
$38,843 average used price
4,000+ sales records
2020 CHEVROLET SILVERADO
$49,995 average used price
6,200+ sales records
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