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How much is a used Chevy Silverado?

I’m taking my furniture business to the next level by offering delivery to people within 50 miles. I just need to get a truck that can haul my trailer. The Chevy Silverado seems to fit the bill, but seeing as how I only need it for utilitarian purposes, I don’t want to spend too much. How much does a used Chevy Silverado cost?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on getting your furniture business off the ground! A stripped-down
Chevy Silverado
is a great option for what you need, but prices vary. The average price of a used Chevy Silverado is $42,767, with a range between $29,000 and $53,000.
That’s not to say you can’t find a cheaper model. You just need to know what goes into determining the value of a
used car
:
  • Mileage
  • Cosmetic condition
  • Mechanical condition
  • Trim level
  • Engine size and other optional specs
If you don’t mind an old beater with some rust spots, you could probably find one for $5,000. But the only way to determine a fair value for a used vehicle is by using a vehicle valuation tool online. Some of the most popular options are:
  • TrueCar
  • National Automobile Dealers Association (NADA)
  • Edmunds
  • AutoTrader
Once you find the Chevy Silverado you want, you have the option to purchase it for commercial or personal use, depending on whether you’re a sole proprietorship or LLC. If you decide to go the personal route, make sure to use
Jerry
to find the best rate for your
car insurance
policy.
Jerry is a licensed insurance broker and insurance comparison tool that collects quotes from over 50 top-rated insurers in minutes. After you find a great rate, Jerry can help you buy new insurance and cancel your old policy. Users save an average of $887 per year.
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