General Motors introduced the fourth-generation Chevy Silverado 1500 for the 2019 model year, following it up with a mid-cycle refresh for the 2022.5 (2022 interim) model year. Over the years, the popular full-size pickup has seen some rather significant changes – including a steeper price tag. In fact, since the 2021 model year, base prices for the Silverado 1500 have increased by more than 20 percent across most trims.
Analyzing pricing between the 2021 to 2025 model years, we find that the price tag for the entry-level Chevy Silverado WT (Work Truck) trim increased from $30,195 for 2021 to $39,195 for 2025, a massive 29.8-percent jump. The Custom trim followed a similar trajectory, increasing from $35,820 to $45,795, a 27.8-percent gain. Likewise, the off-road-oriented Custom Trail Boss moved from $42,395 to $53,995, marking a 27.4-percent increase.
Even the volume-selling Chevy Silverado LT and RST trims saw notable hikes. The LT climbed from $41,195 to $50,295, while the RST increased from $45,495 to $54,595, an increase of 22.1 and 20 percent, respectively. The more premium-oriented LTZ and High Country trims also experienced steady increases, with prices rising by over 18 percent for both. Interestingly, the LT Trail Boss saw a slightly lower increase at 16.9 percent, though it remains one of the higher-priced offerings in the lineup.
Notably, the Chevy Silverado ZR2, which was introduced as part of the 2022-model-year refresh, shows the lowest price increase of the bunch. Debuting at $66,795, the ZR2 is now priced at $72,195 for 2025, an increase of just 8.1 percent. This is due in part to the late launch compared to the rest of the lineup.
Trim Level | 2021 | 2022 | 2023 | 2024 | 2025 | Increase 2025 vs. 2021 |
---|---|---|---|---|---|---|
WT | $30,195 | $32,095 | $37,395 | $38,695 | $39,195 | 29.8% |
Custom | $35,820 | $39,295 | $44,395 | $45,495 | $45,795 | 27.8% |
Custom Trail Boss | $42,395 | $46,895 | $52,295 | $53,695 | $53,995 | 27.4% |
LT | $41,195 | $42,995 | $48,495 | $49,895 | $50,295 | 22.1% |
RST | $45,495 | $47,295 | $52,695 | $54,195 | $54,595 | 20.0% |
LT Trail Boss | $52,195 | $53,695 | $58,095 | $59,895 | $60,995 | 16.9% |
ZR2 | - | $66,795 | $71,595 | $71,795 | $72,195 | 8.1% |
LTZ | $50,695 | $51,895 | $57,495 | $59,095 | $59,895 | 18.1% |
High Country | $54,895 | $57,390 | $62,595 | $64,595 | $64,895 | 18.2% |
It’s also important to factor in the rise in destination freight charges (DFC), which climbed from $1,695 in 2021 to $2,195 by 2025. That alone adds $500 to every model before options, contributing to the broader pricing trend. Note that prices listed here include MSRP and DFC.
Looking ahead, it’s increasingly likely that this upwards trend will continue given the Trump administration’s latest tariffs and trade policies, which are expected to impact not only vehicles assembled outside the U.S., but the cost of parts as well.
With the sharp price increases seen in just four model years, we want to hear from you – do you think the Silverado 1500’s price hike since 2021 is acceptable and normal, or is it too much too fast? Let us know in the comments.
Comments
So plain to see if one just opens their eyes: Mary Barra has put a gun to the head of hard working Americans who need, or want, a truck. She’s holding her most loyal customers hostage in order to pay for an EV boondoggle that has not, nor will it ever, pan out to match her sky high fever dreams.
Mary Barra has been in charge too long! It’s way past time for a change to get someone that will stop lining the pockets of GM’s wealthy management. GM has been making a killing on their trucks for many years! It’s time for GM to begin lowing the profit margins on trucks that has been so much more than any other GM vehicles for years now. GM’s upper management has been taking advantage of it’s customers by gouging their pockets for their greed for too long! When will the board of directors step up to the plate and make the right decisions and stop lining their pockets too?
I’ll be holding on to my 2020 1500 LTZ for a long, long time.
My 19 Stingray and my 19 Silverado LD will be my last gm purchase. Overpriced and questionable quality, I’m out.
The answer to excessively high pricing is to buy used. Buying new, when you have a problem like this, is only exacerbating the problem.
Now compare prices from 2015-2025. It’s laughable (if it wasn’t so infuriating)
I’m going to keep my old beaters until I can’t get parts anymore.
Everything has consequences and this vehicle price hike by ALL MANUFACTURERS is going to come back and hit them hard!! Ford is offering employee pricing and very low interest rates, and RAM here in the MidWest is over $15k off some their models. Problem is, that so many people have short term memory loss, and can’t remember back pre-covid that trucks were still another $10-$15K cheaper than these discounts.
So people are basically paying pre-covid msrp numbers, yet, think they are getting a deal..
Back in 2018, I bought a fully loaded 2018 SLT 6.2L with 8 spd for $45k out the door. A fully loaded truck like that now is almost $78K!!!
Sorry, $68K…typo..
They hike the price on the silverado so high how do they expect people to make a $800 month payment for 7,or 8 years .And they omit features that I have on my 2021 model also the material is cheap. My Exact Lt trade in has more options than the new for more money. !! If I want a rear sliding window again it’s 70,000$$ it’s gotta stop