Chevy Silverado 1500 Makes iSeeCars.com List of Vehicles That Hold Value Best at Trade-In
If you’re in the market for a new vehicle, it’s wise to consider your chosen model’s predicted depreciation rate. That way, you can get the best value when you eventually trade it in for a new model. Per iSeeCars.com’s Cars With the Lowest and Highest Depreciation list, the Chevy Silverado 1500 is one of the top 10 vehicles that had the lowest average 5-year depreciation rate (39.7 percent, to be exact).
This rating also caused it to rank fourth within the pickup truck segment. Interestingly enough, the study also indicated the two top metro areas with the lowest Silverado depreciation ratings: Minneapolis-St. Paul and Sacramento.
About the study
When compiling the lists, iSeeCars.com analyzed more than 3.6 million new vehicles from model year 2013 sold in 2013. It also evaluated more than 750,000 used vehicles from the same model year sold between January and September of 2018. The fact that the Chevy Silverado 1500 claimed a spot in the top contenders speaks to the brand’s reputation for building quality vehicles with a timeless design.
Mighty and Muscular: Find Your New Silverado Here
More reasons to appreciate the Silverado 1500
The 2019 Chevy Silverado 1500 makes a rewarding choice if you’re in the market for a new pickup truck. The exterior has been redesigned with a new bed, longer wheelbase, new front grille, and more side sculpting to improve aerodynamics. The model is also 450 pounds lighter than the previous model year, thanks to a new mixed-material body construction that incorporates a high-strength steel frame.
Choose the 6.2-liter V8 engine that outputs 420 horsepower and 460 lb-ft of torque for a thrilling ride quality. Or the new 3.0-liter Duramax turbo diesel engine available this summer. This version yields 277 horsepower and 470 lb-ft of torque.
A rear-vision camera, rear-seat occupancy reminder, and Teen Driver are just a few of the standard protective features that come on the 2019 Silverado 1500. You can also take advantage of available driver-assist features such as Lane Change Alert with Side Blinds Zone Alert. Front and Rear Park Assist and Rear Cross Traffic Alert are also available.
Learn more about the 2019 Silverado 1500 when you check out the model overview here.
Jumpstart Your Purchase: Estimate your trade-in vehicle’s value here
News Sources: ABC27.com, iSeeCars
The News Wheel is a digital auto magazine providing readers with a fresh perspective on the latest car news. We’re located in the heart of America (Dayton, Ohio) and our goal is to deliver an entertaining and informative perspective on what’s trending in the automotive world. See more articles from The News Wheel.