By KBB Editors
Updated December 23, 2019
If you want to tailor your pickup truck to your exact requirements, the Chevrolet Silverado enables you to do just that with a wide variety of configurations, bed lengths and trim levels. The Silverado’s V8 engine lineup offers Active Fuel Management technology and Flex-Fuel E85 capability.
The only quibble we have with the Silverado is the baffling array of choices buyers have – multiple trim levels, cab sizes, bed lengths and even instrument panels. Plus the Silverado Classic (the previous design) further muddies the waters for potential buyers.
The Silverado has been completely re-designed and re-engineered for the 2007 model year. While the old model was a bestseller, the new one is better than the previous version.
The Ford F150 is the bestselling pickup truck (and vehicle, for that matter) in the country, but when you combine the sales of the Chevrolet Silverado with the nearly-identical GMC Sierra, it’s a different story. The General Motors pickups outsell the Ford handily and also outsell all the import-label pickup trucks combined. This means GM has a lot riding on its all-new Chevrolet Silverado, because this truck will be its standard-bearer for years to come. With that in mind, GM engineers and designers have made a veritable shipload of changes to the pickup, including an improved chassis, more precise steering and a quieter, more upscale interior offering two completely different looks. Meanwhile, the Silverado offers segment-leading fuel economy thanks to the new line of Active Fuel Management-equipped V8 engines. And for those with an ecological bent, a Flex-Fuel E85-capable engine is also available.
2007 Chevrolet Silverado 1500 Extended Cab pricing starts at $6,427 for the Silverado 1500 Extended Cab Work Truck Pickup 4D 5 3/4 ft, which had a starting MSRP of $23,605 when new. The range-topping 2007 Silverado 1500 Extended Cab LTZ Pickup 4D 6 1/2 ft starts at $8,515 today, originally priced from $35,500.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$23,605 | $6,427 | |||
$23,900 | $6,328 | |||
$26,565 | $9,210 | |||
$26,860 | $10,116 | |||
$28,205 | $8,171 | |||
$28,945 | $7,493 | |||
$32,105 | $9,241 | |||
$32,695 | $8,997 | |||
$35,500 | $8,515 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2007 Chevrolet Silverado 1500 Extended Cab models in typical condition when purchasing from a dealership. These prices are updated weekly.
Because it rides on the new GM full-size truck platform, the Chevrolet Silverado offers a markedly better ride-and-handling combination than its predecessor. The new platform includes a fully boxed frame (for more chassis stiffness), coil-over-shock front suspension and rack-and-pinion steering, and the result is a surprisingly maneuverable and comfortable vehicle. Our lengthy test drive took us over rough, washboard gravel roads, yet the Silverado’s cabin remained quiet and composed. We found it hard to choose between the "pure pickup" interior and the "luxury-inspired" interior, because both were handsome and functional. While the available 4.3-liter V6 could probably get most jobs done, the Silverado can also be equipped with a variety of V8 engines, most with 5.3-liter displacement. For those who’d like to tow their houses behind their trucks a 6.0-liter 367-horsepower aluminum block V8 is available as well. Power delivery with each V8 engine we tested was more than ample, and we were impressed with the smooth delivery of power through the electronically-controlled Hydra-Matic automatic transmission. Chevrolet has made its StabiliTrak electronic stability control system standard on crew cab models, and it is available on extended cab models as an option.
Because the Silverado was part of an extensive reworking of both full-size pickups and full-size SUVs, it features two distinct interiors. The WT and LT trim levels feature the "pure pickup" interior that features larger controls and a double glovebox, while the LTZ trim level features the same "luxury-inspired" interior that is also used in Chevrolet’s LTZ-trim full-size sport utilities, Tahoe and Suburban. Both instrument panels are mounted lower and farther forward for an increased feeling of spaciousness and visibility. And both interior designs are attractive but, as you might guess, the up-level LTZ will be a hit with the suburban set, while others might favor the more functional traditional truck treatment. One area that everyone will agree on is the back-seat area in the crew cab models, which offers significantly improved room and comfort. The stadium-style rear seat has a 60/40-split design and folding center armrest. It can be easily folded up with one hand to provide an uninterrupted load floor. Cloth seats are standard on WT and LT models; leather seating is available on LT models along with a six-way, power-adjustable driver’s seat. A lockable storage bin is built into a new 40/20/40-split bench front seat. The bin can accommodate a laptop computer and features a 12-volt power outlet.
Pure pickup – that’s how GM designers describe the exterior of the new Silverado. With the widest track in the segment, the Silverado is substantial but it eschews the bulbous but juvenile muscularity of some of its competitors. Instead, it looks tailored and subdued front to rear. Highlights include narrow gaps between body panels, enabled by the new version’s significantly stiffer frame that limits body flex. The new horizontal grille is divided by a thick bright metal bar that flanks a bold Chevrolet "bow tie" symbol. Designers also took special pains to integrate the pickup box while at the same time making it taller. Efforts were also made to limit the typically big gaps between tires and fenders in order to give the truck a more refined appearance without sacrificing utility. Standard wheels are 17 inches in diameter, while 18- and 20-inch wheels are also available. Entry to the rear seat/storage area of extended cab models is eased with new rear access doors that open 170 degrees, and power-operated rear side windows lower completely into the access doors.
Big knobs
In a welcome bow to those who work hard to earn their keep – and who live in frigid climes – the Silverado has knobs, switches and door handles that can be easily operated while wearing gloves.
Active Fuel Management
The Active Fuel Management system available in four different V8s cuts the operation of four cylinders when they are unneeded and enhances fuel economy.
The Silverado comes in four trim levels – WT (work truck), 1LT, 2LT and LTZ – and that means the vehicle can be configured to meet what’s envisioned for it from strictly commercial use to luxurious personal use. The base WT trim level includes a four-speed automatic transmission, tire pressure monitoring system, power rack-and-pinion steering, anti-lock brakes (ABS), air conditioning, tinted glass, full instrumentation and two auxiliary power outlets. The 1LT adds cruise control, compass and temperature-display rearview mirror, power windows, door locks and mirrors, remote keyless entry and CD/MP3 player audio system. Opting for the 2LT level nets you the 5.3L V8 engine with Active Fuel Management, automatic dual-zone air conditioning, six-way power front bucket seats, 17-inch custom aluminum wheels and steering wheel-mounted audio and cruise controls. The high-luxe LTZ brings with it niceties like 12-way power heated front bucket seats, leather-appointed seats front and rear, premium instrument panel, power-folding power-adjustable heated mirrors with integrated turn signals, MP3-compatible six-disc CD changer with auxiliary input jack and Bose premium speaker system, rear audio system controls, remote starting system and heated washer fluid system.
The multiple trim levels should allow you to fine-tune your choice based on the equipment level you want, but the Silverado can also be optioned in several ways. It offers a dazzling array of five suspension systems, each tailored to suit specific driving requirements. They include Z83 for a solid, smooth ride, Z85 for enhanced handling and trailer towing, Z71 for enhanced off-road capability, Z60 for street performance with 20-inch wheels and NHT for maximum towing capacity. The StabiliTrak electronic stability control system is standard on crew cab models and available on select extended cab models. A choice of two- and four-wheel-drive models, various cabs and bed lengths and a variety of axle ratios are also offered.
While we expect the 4.3-liter V6 and 4.8-liter V8 to be more than adequate in work truck applications, we recommend the 5.3-liter V8 engines, some with cast iron blocks and some with aluminum. And for those with a thirst for power (and towing capacity) the 6.0-liter with Active Fuel Management and variable valve timing is a gem. It offers significantly more power and torque (pulling force) with very little penalty in fuel economy.
4.3-liter V6
195 horsepower @ 4600 rpm
260 lb.-ft. of torque @ 2800 rpm
EPA city/highway fuel economy: 17/21 (2WD), 16/19 (4WD)
4.8-liter V8
295 horsepower @ 5600 rpm
305 lb.-ft. of torque @ 4800 rpm
EPA city/highway fuel economy: 16/20 (2WD), 15/19 (4WD)
5.3-liter V8 Flex Fuel
315 horsepower @ 5200 rpm
338 lb.-ft. of torque @ 4400 rpm
EPA city/highway fuel economy: 12/16 (2WD, E85) 16/21 (2WD, Gas), 12/15 (4WD, E85), 16/20 (4WD, Gas)
5.3-liter V8
315 horsepower @ 5200 rpm
338 lb.-ft. of torque @ 4400 rpm
EPA city/highway fuel economy: 16/22 (2WD), 16/20 (4WD)
6.0-liter V8
367 horsepower @ 5500 rpm
375 lb.-ft. of torque @ 4300 rpm
EPA city/highway fuel economy: 15/19 (2WD), 15/19 (4WD)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $1,288 | $6,942 | $4,627 | ||
2023 | $1,073 | $5,869 | $3,218 | ||
2024 | $575 | $5,294 | $2,523 | ||
Now | $198 | $5,096 | $2,307 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 4797 lbs. | ||
---|---|---|---|
Fuel Capacity | 26.0 gallons | ||
Front Head Room | 41.5 inches | ||
Front Leg Room | 41.3 inches | ||
Max Seating Capacity | 6 | ||
Minimum Ground Clearance | 12.1 inches | ||
Overall Length | 229.9 inches | ||
Front Shoulder Room | 65.2 inches | ||
Towing Capacity, Maximum | 7800 lbs. | ||
Turning Diameter | 46.9 feet | ||
Wheel Base | 143.5 inches | ||
Truck Bed Volume | 61 cu.ft. | ||
Bed Length | 6.50 feet | ||
Gross Vehicle Weight Rating (GVWR) | 6800 lbs. | ||
Payload Capacity | 1882 lbs. | ||
Width with mirrors | 79.9 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Roof Rails | Available |
City | 15 mpg | ||
---|---|---|---|
Highway | 19 mpg | ||
Combined | 17 mpg |
Drivetrain | 2WD | ||
---|---|---|---|
Transmission Type | Automatic | ||
Recommended Fuel | Regular |
Horsepower | 195 @ 4600 RPM | ||
---|---|---|---|
Torque | 260 @ 2800 rpm | ||
Engine | V6, 4.3 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
Used 2007 Chevrolet Silverado 1500 Extended Cab | Used 2008 Ford F150 Super Cab | Used 2007 Dodge Ram 1500 Regular Cab | Used 2007 GMC Sierra (Classic) 1500 Regular Cab | ||
---|---|---|---|---|---|
Price | $6,328 | $6,379 | $5,473 | $5,986 | |
Consumer Rating | 4.5 | 4.5 | 4.5 | 4.6 | |
Fuel Economy | City 15/Hwy 19/Comb 17 MPG | City 14/Hwy 19/Comb 16 MPG | City 14/Hwy 19/Comb 16 MPG | City 14/Hwy 20/Comb 16 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Seating Capacity | 6 | 6 | 3 | 3 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 195 @ 4600 RPM | 248 @ 4750 RPM | 215 @ 5200 RPM | 195 @ 4600 RPM | |
Engine | V6, 4.3 Liter | V8, 4.6 Liter | V6, 3.7 Liter | V6, 4.3 Liter | |
Drivetrain | 2WD | 2WD | 2WD | 2WD |
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Yes, the 2007 Chevrolet Silverado 1500 Extended Cab is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
2007 Chevrolet Silverado 1500 Extended Cab city/highway fuel economy ratings range from 13/18 mpg to 15/19 mpg, depending on trim and equipment.
Used 2007 Chevrolet Silverado 1500 Extended Cab prices currently range from $6,328 for the Work Truck Pickup 4D 6 1/2 ft to $10,116 for the LT Pickup 4D 6 1/2 ft when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2007 Chevrolet Silverado 1500 Extended Cab is the Work Truck Pickup 4D 6 1/2 ft, with a Kelley Blue Book Fair Purchase Price of $6,328.
The 2007 Chevrolet Silverado 1500 Extended Cab is part of the 2nd-generation Silverado 1500 Extended Cab, which our owners give an above-average reliability rating of 4.7 out of 5.