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2023 Chevrolet Silverado 1500 MSRP vs Invoice vs True Dealer Cost

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Chevrolet Silverado 1500 Regular Cab 4WD

2023 Silverado 1500 Regular Cab - Trim: Work Truck Standard Box 1WT, 2-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$40,200
Invoice Price
$38,632
Destination Fee
$1,795
Holdback
$1,206
Dealer Cost
$39,221
Find the Best Price
2023 Silverado 1500 Regular Cab - Trim: Work Truck Long Box 1WT, 2-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$40,400
Invoice Price
$38,824
Destination Fee
$1,795
Holdback
$1,212
Dealer Cost
$39,407
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Chevrolet Silverado 1500 Double Cab 4WD

2023 Silverado 1500 Double Cab - Trim: Work Truck Standard Box 1WT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$42,200
Invoice Price
$40,554
Destination Fee
$1,795
Holdback
$1,266
Dealer Cost
$41,083
Find the Best Price
2023 Silverado 1500 Double Cab - Trim: Silverado Custom Standard Box 1CX, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$46,200
Invoice Price
$43,936
Destination Fee
$1,795
Holdback
$1,386
Dealer Cost
$44,345
Find the Best Price
2023 Silverado 1500 Double Cab - Trim: LT Standard Box 1LT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$50,300
Invoice Price
$47,332
Destination Fee
$1,795
Holdback
$1,509
Dealer Cost
$47,618
Find the Best Price
2023 Silverado 1500 Double Cab - Trim: RST Standard Box 1SP, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$51,200
Invoice Price
$48,179
Destination Fee
$1,795
Holdback
$1,536
Dealer Cost
$48,438
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Chevrolet Silverado 1500 Crew Cab 4WD

2023 Silverado 1500 Crew Cab - Trim: Work Truck Short Box 1WT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$44,600
Invoice Price
$42,861
Destination Fee
$1,795
Holdback
$1,338
Dealer Cost
$43,318
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2023 Silverado 1500 Crew Cab - Trim: Work Truck Standard Box 1WT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$44,900
Invoice Price
$43,149
Destination Fee
$1,795
Holdback
$1,347
Dealer Cost
$43,597
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2023 Silverado 1500 Crew Cab - Trim: Silverado Custom Short Box 1CX, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$48,600
Invoice Price
$46,219
Destination Fee
$1,795
Holdback
$1,458
Dealer Cost
$46,556
Find the Best Price
2023 Silverado 1500 Crew Cab - Trim: Silverado Custom Standard Box 1CX, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$48,900
Invoice Price
$46,504
Destination Fee
$1,795
Holdback
$1,467
Dealer Cost
$46,832
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2023 Silverado 1500 Crew Cab - Trim: Silverado Custom Trail Boss Short Box 2CX, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$50,800
Invoice Price
$48,311
Destination Fee
$1,795
Holdback
$1,524
Dealer Cost
$48,582
Find the Best Price
2023 Silverado 1500 Crew Cab - Trim: Silverado Custom Trail Boss Standard Box 2CX, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$51,100
Invoice Price
$48,596
Destination Fee
$1,795
Holdback
$1,533
Dealer Cost
$48,858
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2023 Silverado 1500 Crew Cab - Trim: LT Short Box 1LT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$52,700
Invoice Price
$49,591
Destination Fee
$1,795
Holdback
$1,581
Dealer Cost
$49,805
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2023 Silverado 1500 Crew Cab - Trim: LT Standard Box 1LT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$53,000
Invoice Price
$49,873
Destination Fee
$1,795
Holdback
$1,590
Dealer Cost
$50,078
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2023 Silverado 1500 Crew Cab - Trim: RST Short Box 1SP, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$55,200
Invoice Price
$51,943
Destination Fee
$1,795
Holdback
$1,656
Dealer Cost
$52,082
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2023 Silverado 1500 Crew Cab - Trim: RST Standard Box 1SP, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$55,500
Invoice Price
$52,226
Destination Fee
$1,795
Holdback
$1,665
Dealer Cost
$52,356
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2023 Silverado 1500 Crew Cab - Trim: LT Trail Boss Short Box 2LT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$56,600
Invoice Price
$53,261
Destination Fee
$1,795
Holdback
$1,698
Dealer Cost
$53,358
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2023 Silverado 1500 Crew Cab - Trim: LT Trail Boss Standard Box 2LT, 4-Door Pickup. 4WD Powertrain: 2.7 L, 4 CYL, Gas Powered, Automatic.
MSRP
$56,900
Invoice Price
$53,543
Destination Fee
$1,795
Holdback
$1,707
Dealer Cost
$53,631
Find the Best Price
2023 Silverado 1500 Crew Cab - Trim: LTZ Short Box 1LZ, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$59,300
Invoice Price
$55,801
Destination Fee
$1,795
Holdback
$1,779
Dealer Cost
$55,817
Find the Best Price
2023 Silverado 1500 Crew Cab - Trim: LTZ Standard Box 1LZ, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$59,600
Invoice Price
$56,084
Destination Fee
$1,795
Holdback
$1,788
Dealer Cost
$56,091
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2023 Silverado 1500 Crew Cab - Trim: High Country Short Box 3LZ, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$64,600
Invoice Price
$60,789
Destination Fee
$1,795
Holdback
$1,938
Dealer Cost
$60,646
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2023 Silverado 1500 Crew Cab - Trim: High Country Standard Box 3LZ, 4-Door Pickup. 4WD Powertrain: 5.3 L, 8 CYL, Gas Powered, Automatic.
MSRP
$64,900
Invoice Price
$61,071
Destination Fee
$1,795
Holdback
$1,947
Dealer Cost
$60,919
Find the Best Price
2023 Silverado 1500 Crew Cab - Trim: ZR2 Short Box 3LT, 4-Door Pickup. 4WD Powertrain: 6.2 L, 8 CYL, Gas Powered, Automatic.
MSRP
$70,100
Invoice Price
$65,964
Destination Fee
$1,795
Holdback
$2,103
Dealer Cost
$65,656
Find the Best Price
Price Tip:
To find the best possible price on a new Chevrolet Silverado 1500, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Edmunds,   Rydeshopper,   CarsDirect,   Motortrend  &   J.D Power
These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.

How to Calculate The Dealer Cost of a Chevrolet Silverado 1500

Formula for Calculating Dealer Cost:

  • Example: Base Chevrolet Silverado 1500 invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
  • What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.

Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)

Chevrolet Silverado 1500 Overview:

Having a redesigned platform, the 2022 Chevrolet Silverado 1500 offers three cabin choices and three bed options. Available with a 4x4 drive and other advanced mechanical components, this light-duty pickup truck performs well in urban and rural areas.

What's New for 2022?

General Motors unveils several innovative technologies on the 2022 Silverado 1500, such as the hands-free Super Cruise with towing capabilities. A 13.4-inch touch screen with smartphone connections is another major highlight inside the humongous cabin.

Trim Levels

Having base status, the 2022 Silverado 1500 WT comes with 12 total cargo tie-downs on the robust Durabed. Featuring the two-door Regular Cab, this entry-level edition includes the Remote Keyless Entry with push-button start. Boasting a four-door configuration, the Custom model comes with the Trailering Package and EZ Lift and Lower tailgate. A 10-way driver's seat with lumbar control is another high-end amenity inside this unique pickup truck. The Custom Trail Boss has a 2-inch suspension lift and other innovative hardware.

The 2022 Silverado 1500 LT includes a 40-20-40 front bench seat that easily accommodates three people. Some key features on the RST edition include a body-color center grille and 20-inch wheels. The LT Trail Boss flaunts an automatic locking differential from AutoTrac. A 13.4-inch infotainment system is standard inside the LTZ. Riding on the Multimaic DSSC dampers and E-Lockers, the robust ZR2 model conquers rugged terrains. Additionally, the High Country model includes leather seats and open-pore wood accents.

Exterior Style

Some of the flashiest exterior colors that are available for the 2022 Silverado 1500 include Red Hot and Glacier Blue. Paint options that will appeal to adventurous drivers include Summit White, Silver Ice and Sand Dune. This light-duty Chevy truck also comes in a classic black finish for simple and refined styling. Made of aluminum, the entry-level, 17-inch wheel include Bright Silver accents. This redesigned vehicle is available with 18-inch aluminum wheels that have the High Gloss Black design. Light Argent pockets are exclusively integrated into the 20-inch wheels.

Besides having stylish exterior accents, the 2022 Silverado 1500 boasts an array of premium utilities. For example, the 6-inch rectangular assist steps are available in brilliant chrome. Hauling cargo has never been easier thanks to the proprietary Multi-Flex Tailgate. A soft tonneau cover may be added to protect valuable items from harsh weather. Composed of roll-formed, high-strength steel, the exclusive Durabed is truly built for demanding tasks. Additionally, skid plates and front recovery hooks emphasize the tremendous off-road versatility of this all-new pickup truck from GM.

Technology

The 2022 Silverado 1500 boasts the Chevrolet Infotainment 3 Plus System with a touch screen measuring exactly 8 inches diagonally. Lots of cloud-hosted applications appear on the HD monitor, including GPS navigation and the myChevrolet mobile suite. Up to eight different cameras also send videos to the high-resolution display inside the cavernous cabin. Overall, the driver can easily cycle through 14 distinctive views in real time. For example, the HD Surround Vision is compatible with up to two trailering provisions.

This light-duty pickup truck from GM also offers the Advanced Trailering System, which is a mobile app that includes lots of convenient towing functions. A driver could use this advanced app to manage the trailer lighting sequence, security alerts and other settings. Select trims offer a 13.2-inch touch screen and 12.3-inch digital instrument cluster for best-in-class productivity. Additionally, the optional head-up display adds a field of vision of 15 inches on the front windshield. In terms of entertainment, this light-duty workhorse from GM offers the Bose audio system with SiriusXM Satellite Radio.

Performance

Producing 355 total horsepower, the 5.3-L EcoTec3 engine propels the 2022 Silverado 1500. Configured into a V-8 layout, the signature gasoline powertrain unleashes 383 pound-feet of torque. This light-duty Chevy pickup truck also offers the 6.2-L EcoTec3 engine that kicks out a maximum of 420 hp. Burning gas, this eight-cylinder powerplant cranks out 460 lb-ft of torque. Punching out 310 hp, a 2.7-L engine is optional for this light-duty workhorse. Featuring advanced lubrication and cooling systems, this turbocharged powerhouse bursts out 430 lb-ft.

Engineered to run exclusively on diesel fuel, the 3.0-L Duramax engine is optional on this all-new Silverado 1500 model. Having an inline-six design, this turbo powerplant pumps out 277 hp. When operating on the low end of the tachometer, the I-6 propulsion system cranks out 460 lb-ft. If equipped with the diesel engine, this premium Chevy pickup truck tows 13,300 pounds as stipulated by the SAE J2807.

Available with an eight-speed or a 10-speed automatic transmission system, the 2022 Silverado 1500 adapts quickly to the driver's input. Each gearbox may be synced with a 4x2 drive system or 4x4 system for superior off-road and all-weather driving. For example, the AutoTrac transfer case governs the flow of torque from the transmission to the axles. The driver can manually engage several modes for this hardware, including the 4WD Auto, 4WD Lo and 2WD I. An automatic locking differential supplements the 4x4 drive system for consistent handling on slippery surfaces.

Fuel Efficiency

According to EPA standards, the 2022 Silverado 1500 offers up to 17 mpg in the city. This light-duty Chevy pickup truck delivers a highway fuel economy of up to 20 mpg. When configured into the Crew Cab, this tough vehicle includes a 24-gallong fuel tank. The two-door Regular Cab is available with a 28.3-gallon fuel tank for an extended drive on the highway. For its enormous displacement, the 6.2-L EcoTec3 engine operates efficiently because of intelligent adjustment from the Dynamic Fuel Management.

The 2022 Chevrolet Silverado 1500 appeals greatly to consumers seeking light-duty capability, modern styling and superb utility. Available with four engines, this all-new pickup truck from General Motors dominates the class in lots of categories.

Note: All Chevrolet Silverado 1500 MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.