2023 Chevrolet Silverado: Reliability, Recalls, Known Issues & Cost to Own

Data last updated 2026-07-04 · sources listed throughout · based on public NHTSA data

A refined, well-equipped 2023 Silverado with an improved cabin, strong V8 and 10-speed automatic, and excellent towing. The main caution is the AFM/DFM V8 oil-consumption and lifter durability history; with regular maintenance it is a capable, comfortable used truck. 3 known issue patterns are documented below, with frequency and the mileage windows where they typically appear. New, the 2023 Chevrolet Silverado ranged from $36,300 to $71,500 depending on trim (base MSRP, before options and destination).

7/10
Mixed track record

A refined, well-equipped 2023 Silverado with an improved cabin, strong V8 and 10-speed automatic, and excellent towing. The main caution is the AFM/DFM V8 oil-consumption and lifter durability history; with regular maintenance it is a capable, comfortable used truck.

Sources (3)
  • cars.comhttps://www.cars.com/research/chevrolet-silverado_1500-2021/consumer-reviews/
  • api.nhtsa.govhttps://api.nhtsa.gov/complaints/complaintsByVehicle?make=chevrolet&model=sil…
  • repairpal.comhttps://repairpal.com/reliability/chevrolet/silverado-1500

Known issues

Based on public NHTSA complaint data and AI synthesis: patterns, not guarantees.

Sources (1)
  • api.nhtsa.govhttps://api.nhtsa.gov/complaints/complaintsByVehicle?make=chevrolet&model=sil…

Recalls & safety

Recall history hasn't been loaded for this model year yet.

Whether a recall is still open on a specific car depends on its VIN. Check it free at NHTSA's VIN lookup (nhtsa.gov/recalls), or ask the seller for proof the repair was done.

Pros & cons

Pros

  • Smooth, composed ride with a quiet, spacious cabin.
  • Strong, capable V8 powertrains with high towing and payload ratings.
  • Roomy, highly functional interior with large bed and cab configurations.

Cons

  • Early trucks (2019-2021) were criticized for a low-rent, plasticky interior versus rivals.
  • AFM/DFM V8 oil-consumption and lifter durability remain real long-term reliability concerns.
  • Eight-speed transmission shift quality and infotainment glitches frustrate some owners.

Trims & original pricing

TrimOriginal base MSRPNew todayEngineMPG
Work Truck $36,300
Custom $43,600
LT $48,000
RST $51,400
LTZ $57,200
High Country $62,100
ZR2 $71,500

Prices are base MSRP for each trim's standard configuration. Options, packages, and destination charges added to what original buyers actually paid.

2021-2023 cars held unusually high used values due to pandemic-era supply shortages, so comparisons to original MSRP read differently for these years.

Sources (1)
  • iseecars.comhttps://www.iseecars.com/car/2023-chevrolet-silverado_1500-price

Depreciation

$10k $20k $29k $39k 2023202420252026202720282029
2023 entry trim from new typical floor (assumed, past curve data)

Move your cursor along the line to see the estimated value for any year.

Curve anchored at the entry-trim base MSRP ($36,300). Higher trims started higher (up to $71,500), and options added more.

The curve's data ends 5 years in, so the line levels off after that. Treat the tail as a floor, not a forecast: asking prices for older cars depend mostly on condition, mileage, and the current market, and often sit well above it.

2021-2023 cars held unusually high used values due to pandemic-era supply shortages, so comparisons to original MSRP read differently for these years.

Sources (1)
  • caredge.comhttps://caredge.com/chevrolet/silverado-1500/depreciation

Cost to own

Routine maintenance≈ $1,000–1,100/yr
Insurance≈ $2,500–2,600/yr

National-average estimates based on public data. Your costs vary by region, driver, and condition.

Sources (2)
  • caredge.comhttps://caredge.com/chevrolet/silverado-1500/maintenance
  • caredge.comhttps://caredge.com/chevrolet/silverado-1500/depreciation

Frequently asked questions

What problems does the 2023 Chevrolet Silverado have?

Documented issue patterns include: The 5.3L and 6.2L V8s with Dynamic/Active Fuel Management can suffer collapsed lifters and excessive oil consumption, in some cases leading to catastrophic internal engine failure; The 8-speed (and some 10-speed) automatics develop valve-body faults causing hard or delayed shifting, shudder and loss of power; replacement parts have gone on national backorder; Wiring-harness chafing (GM TSB 21-NA-149) can trigger reduced engine power and loss of steering or brake assist; infotainment freezing and Apple CarPlay/Android Auto dropouts are also widely reported. Frequency is based on public NHTSA complaint data: patterns, not guarantees.

Is the 2023 Chevrolet Silverado reliable?

A refined, well-equipped 2023 Silverado with an improved cabin, strong V8 and 10-speed automatic, and excellent towing. The main caution is the AFM/DFM V8 oil-consumption and lifter durability history; with regular maintenance it is a capable, comfortable used truck.

How much did the 2023 Chevrolet Silverado cost new?

Between $36,300 and $71,500 depending on trim. Those are base MSRPs for each trim's standard configuration; options, packages, and destination charges added to what original buyers actually paid. 2021-2023 cars held unusually high used values due to pandemic-era supply shortages, so comparisons to original MSRP read differently for these years.

Is the Chevrolet Silverado expensive to maintain?

Estimated routine maintenance runs about $1,000–1,100/year.

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Estimates are based on public data: patterns, not guarantees. CarVitals is not affiliated with NHTSA, CarMax, AutoTrader, or Cars.com. Issue frequencies come from public NHTSA complaint data, which has no denominator, so they describe reporting patterns, not failure probabilities. Always have a used car inspected before buying. How we build these reports.