GMC - Sierra 1500 (2003)

Ever wondered what is a 2003 GMC Sierra 1500 worth when you spot one on the road? If you’ve been driving or scouting for a used GMC Sierra 1500 price, this guide pulls together everything you need to evaluate the vehicle’s value, specs, and how it stacks up against its peers. From straightforward horsepower to realistic depreciation figures, we’ve compiled a clear snapshot that informs both buyers and sellers alike.

• Engine: 5.3L V8 (Cubic Inch 193)
• Horsepower & Torque: 240 hp / 266 lb‑ft (torque)
• Transmission: 4‑Speed Automatic
• Drivetrain: Rear Wheel Drive (RWD)
• Fuel Type: Regular Gasoline
• Fuel Economy (EPA): 16 mpg city / 19 mpg highway
• Wheelbase: 139.0 inches
• Overall Length: 215.6 inches
• Overall Width: 72.6 inches
• Overall Height: 68.1 inches
• Seating Capacity: 5 persons
• Towing Capacity: Up to 10,000 lbs (with towing package)
• Payload Capacity: Up to 3,500 lbs (specific to cab/bed combo)
• Optional Trim Levels: Base, Sierra 1500, Sierra 1500 (Super Crew)
• Interior Features (Standard): Leather seats, power windows, 5‑speaker audio
• Optional Features: 4‑Wheel ABS, Crash/Demo packages, Off‑Road® packages

When evaluating a GMC Sierra 1500 depreciation curve, remember the truck’s wear‑and‑tear cycle. On average, an early‑2000s model typically loses:

• 15–20% of its value in the first year after purchase
• Another 10–12% over the second year, assuming standard usage and no major accidents
• A gradual 5–7% decline each subsequent year as mileage climbs and equipment ages

These percentages keep in mind market supply, regional demand, and economic shifts like fuel prices or local labor rates. Long‑term owners can expect a roughly 30–40% drop from the original MSRP over 8–10 years, a figure that illustrates why the 2003 model’s value is often debated on online marketplaces.

In the midsize pickup segment, the 2003 GMC Sierra 1500 faces direct competition from:

• Chevrolet Silverado 1500 (2003‑2005)
• Ford Ranger (2001‑2007)
• Toyota Tundra (2003‑2004)

When comparing GMC Sierra 1500 price to these rivals, the Sierra typically sits in the mid‑tier range:

• Price for a new‑like used model around $12,000–$15,000 (varies by condition and mileage)
• Chevrolet Silverado with similar specs may sit 2‑3% cheaper, while a Tundra might trade up roughly 5‑7% for added reliability prestige

Putting the Sierra’s cost into perspective, its used GMC Sierra 1500 price is often competitive among buyers who prioritize a V8 powerhouse without the extra weight or higher resale costs of a full‑size truck.