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It’s no secret that new pickup trucks are extremely expensive. Especially if you are looking for something better equipped than a simple work truck. That is why many shoppers find themselves looking towards the used market in order to get the utility of a pickup. But with so many options available, finding the right pick can be a difficult task. That is where the Chevy Silverado 1500 comes in, or at least the third-gen version. This truck offers a good mix of utility, value, and modern features. Is it worth buying as a used pickup?

What is the third generation Chevy Silverado?

The third generation of the Chevy Silverado 1500 was sold from 2014 until 2018. Because of that, you can get a fairly new truck with lower mileage even though you are buying used. A range of different engine options were provided as well. And that will allow you to get the proper amount of used truck for your specific needs. 

Engine options included the 4.3-liter V6 with 285 horsepower, a 5.3-liter V8 making 355 hp, and even a 6.2-liter V8 that generates 420 hp. So, whether you want a beefy V8 engine or the efficiency offered by a V6, you can get it with this generation of Chevy Silverado 1500. 

Do Chevy Silverados have a lot of problems?

Generally speaking, the Chevy Silverado is a safe truck to buy used. Some folks have reported engine issues, but with proper maintenance, those should be able to be avoided. The third-generation Silverado is not all that old. And that will allow you to enjoy some modern features and comfort. Including things like leather seating depending on which trim you opt for. 

The rear end view of a 2016 Chevy Silverado 1500 in red.
2016 Chevy Silverado | Jim Mahoney via Getty Images

According to MotorTrend, in 2015, Chevy added a new transmission to the Silverado 1500. Known as the 8L90E transmission, this component has eight gears and is automatic. You can also benefit from a backup camera which will aid when you are towing with your full-size truck. 

How much should you pay for a third-generation Silverado 1500?

In terms of cost, Silverado 1500 models from 2014-2018 do vary depending on configuration, mileage, and condition. You can get a bare-bones model with over 100,000 miles for around $20,000. But, if you want a higher trim level with lower mileage, you will likely pay over $30,000. But that is still cheaper than a Chevy Silverado made in 2022. 

A grey third-gen Chevy Silverado 1500 sits parked in a field.
2014 Chevy Silverado | Christopher Evans via Getty Images

You should not have to break the bank in order to get a full-size truck. And although you might have to make some compromises when purchasing used, you can still get a decent pickup that has plenty of life left in it. 

Don’t restrict your options

Although the third-gen Silverado is certainly a solid truck, plenty of modern pickups are worth buying pre-owned. Manufacturers work hard to produce a reliable product, but there will always be some problems with different models. So, if you are buying used, conduct the proper research. It will probably save you some headaches in the long run.


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