Used Chevy Silverados and Used GMC Sierras Leap In Value
iSeeCars researchers analyzed over 1.2 million used car sales in October 2020. The analysis revealed that used car prices had an average increase of 9.5 percent or $2,193 compared to the previous year. Typically, used car values decline.
The Silverado had an average used price in October 2019 of $34,245. This October that average had risen by nearly $5,000. The Sierra’s gains were even larger. In 2019 the average price of a used Sierra was $38,750. this past month the average showed an increase of about $6,400.
https://www.gm-trucks.com/used-chevy-silverados-and-used-gmc-sierras-leap-in-value/