The current generation of the Chevy Silverado 1500 enters its fifth model year after a mid-life refresh for the 2022 model year. Besides the usual changes that come with a new model year, Chevrolet found it appropriate to also hike the prices across the board.
Price hikes are common these days, following inflation and energy price increases. The Chevrolet Silverado knew several price increases throughout 2022, all related to the 2022 model. Now that the 2023 model year Silverado 1500 has taken off, General Motors hit the customers with its first price increase. And it hasn’t been shy in doing so, with prices going up by as much as $1,800 for the LT Trail Boss trim.
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