GMC Sierra 1500 depreciation: value by age
Value kept after 3 years
62%
- Loses 38% in 3 years.
- 2023 Pro Regular Cab RWD. New: $38,995. Now: $24,000.
- Median truck at 3 years: 69% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | Pro Regular Cab RWD | $39,695 | $26,900 | KBB fair price | 68% | $12,795 | $6,398 |
| 2023 | 3 | Pro Regular Cab RWD | $38,995 | $24,000 | KBB fair price | 62% | $14,995 | $4,998 |
| 2022 | 4 | Pro Regular Cab RWD | $37,195 | $22,700 | KBB fair price | 61% | $14,495 | $3,624 |
| 2021 | 5 | 2WD Reg Cab 140" | $31,795 | $19,100 | KBB fair price | 60% | $12,695 | $2,539 |
| 2020 | 6 | 2WD Reg Cab 140" | $31,195 | $15,700 | KBB fair price | 50% | $15,495 | $2,583 |
| 2019 | 7 | 2WD Reg Cab 140" | $31,370 | $15,750 | KBB fair price | 50% | $15,620 | $2,231 |
| 2018 | 8 | 2WD Reg Cab 119.0" | $30,865 | $16,550 | KBB fair price | 54% | $14,315 | $1,789 |
| 2017 | 9 | 2WD Reg Cab 119.0" | $29,700 | $12,300 | KBB fair price | 41% | $17,400 | $1,933 |
| 2016 | 10 | 2WD Reg Cab 119.0" | $29,010 | $11,150 | KBB fair price | 38% | $17,860 | $1,786 |
| 2015 | 11 | 2WD Reg Cab 119.0" | $28,265 | $12,700 | KBB fair price | 45% | $15,565 | $1,415 |
| 2014 | 12 | 2WD Reg Cab 119.0" | $27,270 | $12,450 | KBB fair price | 46% | $14,820 | $1,235 |
| 2013 | 13 | 2WD Reg Cab 119.0" Work Truck | $24,990 | $9,100 | KBB fair price | 36% | $15,890 | $1,222 |
| 2012 | 14 | 2WD Reg Cab 119.0" Work Truck | $23,595 | $7,775 | KBB fair price | 33% | $15,820 | $1,130 |
| 2011 | 15 | Regular Cab SLE 6 1/2 ft 2WD | $28,220 | $9,250 | KBB fair price | 33% | $18,970 | $1,265 |
| 2010 | 16 | 2WD Reg Cab 119.0" Work Truck | $22,500 | $6,050 | KBB fair price | 27% | $16,450 | $1,028 |
| 2009 | 17 | 2WD Reg Cab 119.0" Work Truck | $21,895 | $4,650 | KBB fair price | 21% | $17,245 | $1,014 |
- Biggest drop
- New to age 2: $6,398 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $39,895 | $28,123 | $23,900 | $21,727 | $19,915 |
| 2023 | $40,590 | $31,524 | $29,517 | $22,300 | $20,553 | $19,125 |
| 2022 | $35,177 | $25,994 | $25,684 | $21,700 | $18,842 | $16,458 |
| 2021 | $27,547 | $22,644 | $21,097 | $17,550 | $15,909 | $14,467 |
| 2020 | $25,751 | $20,884 | $19,339 | $14,850 | $13,333 | $11,976 |
| 2019 | $23,049 | $18,145 | $17,692 | $14,800 | $12,293 | $10,037 |
| 2018 | $18,277 | $15,480 | $13,299 | $12,950 | N/A | N/A |
| 2017 | $14,345 | $12,555 | $10,695 | $10,350 | N/A | N/A |
| 2016 | $15,227 | $13,639 | $13,469 | $9,925 | N/A | N/A |
| 2015 | $12,789 | $10,839 | $10,193 | $11,550 | N/A | N/A |
| 2014 | $11,202 | $9,694 | $9,013 | $8,875 | N/A | N/A |
| 2013 | $9,375 | $8,657 | $8,586 | $6,525 | N/A | N/A |
| 2012 | $9,479 | $9,610 | $9,753 | $6,875 | N/A | N/A |
| 2011 | $9,111 | $9,209 | $9,021 | $6,375 | N/A | N/A |
| 2010 | $7,533 | $7,243 | $6,193 | $4,550 | N/A | N/A |
| 2009 | $6,480 | $6,822 | $6,749 | $4,025 | N/A | N/A |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate