How Realistic Is the Starting Price of the 2023 Chevy Silverado?
Pricing a 2023 Chevy Silverado is difficult even if you are using their online build tool because the differences between the regular cab with a standard bed and a crew cab with an extended bed are significant. That’s before you consider Chevrolet’s trim levels.
If you keep it simple, the regular cab trim levels only differ in whether they are 2WD or 4WD, but many people don’t want a single-cab pickup. And that is where things get complicated from a pricing standpoint. Add to this new supply shortages that challenge production, and prices may not be the biggest issue in getting your hands on a new Silverado.
Starting prices for regular cab vs. double or crew cab for the 2023 Chevy Silverado
When it comes to larger cab sizes, Chevy has optimized its bigger pickup models. It hasn’t offered the rear-hinged extended cab since 2014, and the newer double cab makes the mid-size double cab much more passenger-friendly.
According to the Chevrolet’s Build & Price feature, the starting MSRP for the 2023 Silverado is $36,300 for the half-ton single cab with 2WD. Of course, you can’t actually build and price it for that amount on their website. Freight costs $1,895, but the website offers a $1,500 package discount. This package is presumably the Chevy Safety Assist package. The adjusted MSRP then becomes $36,645.
To increase the cab to a double, the total vehicle price after the package discount is $39,945. The crew cab elevates the price to $42,645. These are all starting prices for a 2WD pickup, and many people want 4WD when they go big.
Because Silverado drivers are known to go big, the Silverado HD cannot be ignored, and it will add more to the Silverado starting price. The 2023 Silverado 2500 HD and 3500 HD is no longer available to build and price online. You must build and price a 2024.
The HD stands for heavy duty, and Silverado HD models are bigger with more towing capacity. They come in 3/4-ton and 1-ton models.
The starting price of the 2024 Silverado 2500 HD is $43,400, and the 3500 HD is $44,600. They are available in 2WD and 4WD.
2WD vs. 4WD: which version do you need?
To get a single cab 4WD Chevy Silverado, the starting MSRP after freight and the package discount is $41,245. That means 4WD costs almost $5,000. There are more options when moving up to a double or crew cab. There are 4 trim levels for the double cab and 8 trim levels for the crew cab.
The highest level of trim for the Silverado is the 4WD High Country. The 6.2L EcoTec3 V8 engine puts the MSRP at $70,240. That is a formidable starting price, but add Iridescent Pearl Tri-coat paint, spoked wheels, and a technology package, and the price jumps to $77,600. It would be easy to get that price up to $80,000 with just a few more options.
The starting price of the Chevy Silverado is below $40,000, but the top-tier range exceeds $80,000.
The Chevy Silverado MSRP is realistic for a base model work truck
The starting price of a Chevy is realistic if you are looking for the most basic of pickups for work with no extra frills. The starting price is fairly realistic even if adding the work truck value package or work truck safety package. A price below $40,000 is only giving Silverado buyers the bare minimum, however.
Most Silverado buyers want some of the bells and whistles available with the higher-end trims, those that transform the pickup truck into the likes of a luxury vehicle. Assist step, rear park assist, and an in-vehicle trailering app are only the beginning of the technological and material comforts available that can push the Silverado above the $80,000 mark.