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2016 Chevrolet Silverado 1500 market value, prices & key facts

What dealers are asking for the 2016 Chevrolet Silverado 1500 right now, from 624 current listings at 563 dealerships across 47 states, with EPA fuel economy, NHTSA safety ratings and recalls for this model year.

Asking prices of current listings · AutosXchange live dealer listings, November 8, 2026 · not sold prices

2016 Chevrolet Silverado 1500
2016 Chevrolet Silverado 1500 · Photo from a listing on AutosXchange
624Listings for sale now
$17,572Median asking price
$11,996–$23,995Typical range (10th–90th percentile)
128,811Median miles (624 listings with odometer)
563Dealerships listing it
Key facts

2016 Chevrolet Silverado 1500 key facts

Body style
Pickup
Powertrains
Gas, Flex-Fuel and Hybrid
Engines
4.3L 6-cyl, 5.3L 8-cyl and 6.2L 8-cyl
Drivetrains
RWD and 4WD
EPA MPG (city / hwy / combined)
15–18 / 19–24 / 17–20
Fuel
Gasoline or E85 and Regular
EPA size class
Special Purpose Vehicle 2WD, Standard Pickup Trucks 2WD and Standard Pickup Trucks 4WD
Trims / series (decoded from listed VINs)
LT and Work Truck/LS/Fleet/Base
Assembly country (listed VINs)
Mexico and United States
NHTSA overall safety rating
5 out of 5 stars (7 tested versions)
NHTSA safety recalls
12 recall campaigns
In brief

2016 Chevrolet Silverado 1500 overview

The 2016 Chevrolet Silverado 1500 is a pickup, offered with gas, flex-fuel and hybrid powertrains (RWD or 4WD). EPA ratings for its 14 tested versions range 17–20 MPG combined. NHTSA rates it 5 out of 5 stars overall and lists 12 safety recalls for this model year. AutosXchange has 624 listed now, with a median asking price of $17,572 and median 128,811 miles.

Market snapshot

2016 Chevrolet Silverado 1500: the market right now

Half of the 624 listings ask between $14,976 and $20,800.

$14,97625th percentile asking price
$17,572Median asking price
$20,80075th percentile asking price
128,811Median miles (middle half 104,116–155,123)
13Listings with a price cut since first listed
470Cities with listings

New vs. used (by odometer)

New or demo (under 100 mi): 1Used (100+ mi): 623

Top cities by supply

2016 Chevrolet Silverado 1500 listings by cityOklahoma City, OK: 8 listings, median $17,064; Flint, MI: 6 listings, median $17,064; Houston, TX: 6 listings, median $18,514; Mesa, AZ: 5 listings, median $22,950; Jacksonville, FL: 5 listings, median $17,995; Louisville, KY: 5 listings, median $16,950; Orlando, FL: 4 listings, median $13,866; Pensacola, FL: 4 listings, median $16,745.Oklahoma City, OKOklahoma City, OK: 8 · median $17.1k8 · median $17.1kFlint, MIFlint, MI: 6 · median $17.1k6 · median $17.1kHouston, TXHouston, TX: 6 · median $18.5k6 · median $18.5kMesa, AZMesa, AZ: 5 · median $23k5 · median $23kJacksonville, FLJacksonville, FL: 5 · median $18k5 · median $18kLouisville, KYLouisville, KY: 5 · median $17k5 · median $17kOrlando, FLOrlando, FL: 4 · median $13.9k4 · median $13.9kPensacola, FLPensacola, FL: 4 · median $16.7k4 · median $16.7k
Price vs. mileage

2016 Chevrolet Silverado 1500: asking price vs. mileage

On the trend line, every 10,000 more miles goes with about $670 lower asking price.

2016 Chevrolet Silverado 1500 asking price vs. mileageScatter of 604 current 2016 Chevrolet Silverado 1500 listings (asking price against odometer miles), 600 drawn, with a least-squares trend line of about $-670 per 10,000 miles.$5k$10k$15k$20k$25k$30k050k100k150k200k250kOdometer (miles)Asking price
Price distribution

2016 Chevrolet Silverado 1500: how asking prices are spread

Half of listings ask between $14,976 and $20,800; the most common band is $16,000–$18,000 (115 listings).

2016 Chevrolet Silverado 1500 asking price distributionHistogram of 624 current 2016 Chevrolet Silverado 1500 asking prices in 11 bins of $2,000; median $17,572.0255075100125$8k–$10k: 29 listings (includes 6 below $8k)$10k–$12k: 38 listings$12k–$14k: 52 listings$14k–$16k: 112 listings$16k–$18k: 115 listings$18k–$20k: 102 listings$20k–$22k: 66 listings$22k–$24k: 50 listings$24k–$26k: 35 listings$26k–$28k: 15 listings$28k–$30k: 10 listings (includes 4 above $30k)≤$8k$12k$16k$20k$24k$28k$30k+Median $17,572Asking price (bar height = number of listings)
Where they are listed

2016 Chevrolet Silverado 1500: listings by state (top 10)

Texas has the most, with 46 listings (7% of 624).

2016 Chevrolet Silverado 1500 listings by stateNumber of current 2016 Chevrolet Silverado 1500 listings by dealer state: Texas 46, Ohio 45, Michigan 34, Florida 31, Illinois 29, Georgia 27, California 26, Indiana 23, Kentucky 22, New York 22.TexasTexas: 46 · 7%46 · 7%OhioOhio: 45 · 7%45 · 7%MichiganMichigan: 34 · 5%34 · 5%FloridaFlorida: 31 · 5%31 · 5%IllinoisIllinois: 29 · 5%29 · 5%GeorgiaGeorgia: 27 · 4%27 · 4%CaliforniaCalifornia: 26 · 4%26 · 4%IndianaIndiana: 23 · 4%23 · 4%KentuckyKentucky: 22 · 4%22 · 4%New YorkNew York: 22 · 4%22 · 4%
By trim

2016 Chevrolet Silverado 1500: listings by trim (top 8)

LT is the most-listed trim (253 listings); LTZ has the highest median asking price of these, $21,144.

2016 Chevrolet Silverado 1500 listings by trimLT: 253 listings, median $17,500; LTZ: 77 listings, median $21,144; Work: 28 listings, median $14,248; Custom: 15 listings, median $17,995; LS: 12 listings, median $14,398; WT: 7 listings, median $15,788; 1LT: 7 listings, median $19,995; High: 6 listings, median $17,997.LTLT: 253 · median $17.5k253 · median $17.5kLTZLTZ: 77 · median $21.1k77 · median $21.1kWorkWork: 28 · median $14.2k28 · median $14.2kCustomCustom: 15 · median $18k15 · median $18kLSLS: 12 · median $14.4k12 · median $14.4kWTWT: 7 · median $15.8k7 · median $15.8k1LT1LT: 7 · median $20k7 · median $20kHighHigh: 6 · median $18k6 · median $18k
Current listings

2016 Chevrolet Silverado 1500 for sale now: best value first

2016 Chevrolet Silverado 1500 for sale in Snellville, GA40% below similar
2016 Chevrolet Silverado 1500$10,864190,081 mi · Snellville, GADouglas Auto Brokers LLC
2016 Chevrolet Silverado 1500 for sale in York, PA39% below similar
2016 Chevrolet Silverado 1500$10,900102,856 mi · York, PARicke Bros Inc.
2016 Chevrolet Silverado 1500 for sale in Jacksonville, FL39% below similar
2016 Chevrolet Silverado 1500$10,900115,341 mi · Jacksonville, FLEugene And Son Auto Sales LLC
2016 Chevrolet Silverado 1500 for sale in Savannah, GA39% below similar
2016 Chevrolet Silverado 1500$10,995168,244 mi · Savannah, GADRIVELINE
2016 Chevrolet Silverado 1500 LT for sale in Kenner, LA39% below similar
2016 Chevrolet Silverado 1500 LT$10,995223,143 mi · Kenner, LAAM Auto Mart, Kenner
2016 Chevrolet Silverado 1500 LT for sale in Saint Louis, MO39% below similar
2016 Chevrolet Silverado 1500 LT$10,995166,814 mi · Saint Louis, MORoyal Motor Sales LLC
2016 Chevrolet Silverado 1500 for sale in Houston, TX39% below similar
2016 Chevrolet Silverado 1500$10,995129,091 mi · Houston, TXBestRide Auto Sale
2016 Chevrolet Silverado 1500 Work Truck for sale in Marietta, GA38% below similar
2016 Chevrolet Silverado 1500 Work Truck$11,100180,845 mi · Marietta, GACarland Enterprise Inc
2016 Chevrolet Silverado 1500 LT for sale in Oslo, MN36% below similar
2016 Chevrolet Silverado 1500 LT$11,480179,733 mi · Oslo, MNDahlstrom Motors
2016 Chevrolet Silverado 1500 4WD Double Cab 143.5" LT w/1LT for sale in Merrillville, IN36% below similar
2016 Chevrolet Silverado 1500 4WD Double Cab 143.5" LT w/1LT$11,500132,320 mi · Merrillville, INDiscount Auto LLC
2016 Chevrolet Silverado 1500 for sale in Parker, SD36% below similar
2016 Chevrolet Silverado 1500$11,500143,000 mi · Parker, SDBenney Motors
2016 Chevrolet Silverado 1500 LT Double Cab 4WD for sale in Murrysville, PA36% below similar
2016 Chevrolet Silverado 1500 LT Double Cab 4WD$11,555157,943 mi · Murrysville, PAChoice Auto Sales
2016 Chevrolet Silverado 1500 LT for sale in Bedford, VA35% below similar
2016 Chevrolet Silverado 1500 LT$11,700114,843 mi · Bedford, VAEast Coast Auto Source
2016 Chevrolet Silverado 1500 for sale in Snellville, GA34% below similar
2016 Chevrolet Silverado 1500$11,810151,082 mi · Snellville, GADouglas Auto Brokers LLC
2016 Chevrolet Silverado 1500 for sale in New Salisbury, IN34% below similar
2016 Chevrolet Silverado 1500$11,900111,527 mi · New Salisbury, INDrivers Choice Auto
2016 Chevrolet Silverado 1500 Custom for sale in Darlington, SC34% below similar
2016 Chevrolet Silverado 1500 Custom$11,900141,227 mi · Darlington, SCL & H Auto Sales LLC
2016 Chevrolet Silverado 1500 for sale in Detroit, MI34% below similar
2016 Chevrolet Silverado 1500$11,900146,841 mi · Detroit, MIBHM Auto Sales
2016 Chevrolet Silverado 1500 Work Truck for sale in Chicago, IL34% below similar
2016 Chevrolet Silverado 1500 Work Truck$11,900133,000 mi · Chicago, ILTony Trucks
2016 Chevrolet Silverado 1500 LT Z71 for sale in Hollywood, FL34% below similar
2016 Chevrolet Silverado 1500 LT Z71$11,950174,315 mi · Hollywood, FLKosher Motors
2016 Chevrolet Silverado 1500 for sale in Newport News, VA33% below similar
2016 Chevrolet Silverado 1500$11,985241,449 mi · Newport News, VADad's Auto Sales
2016 CHEVROLET SILVERADO 1500 WORK TRUCK for sale in North Charleston, SC33% below similar
2016 CHEVROLET SILVERADO 1500 WORK TRUCK$11,990268,958 mi · North Charleston, SCNorthwoods automotive
2016 Chevrolet Silverado 1500 Work Truck for sale in Granite Falls, NC33% below similar
2016 Chevrolet Silverado 1500 Work Truck$11,995157,900 mi · Granite Falls, NCMitch Motors
2016 Chevrolet Silverado 1500 LT Double Cab 4WD for sale in Palestine, IL33% below similar
2016 Chevrolet Silverado 1500 LT Double Cab 4WD$11,995177,799 mi · Palestine, ILCars on the Corner
2016 Chevrolet Silverado 1500 LS for sale in Lawton, OK33% below similar
2016 Chevrolet Silverado 1500 LS$11,995218,328 mi · Lawton, OKA & G Auto Sales
Fuel economy

2016 Chevrolet Silverado 1500 EPA fuel economy by version

EPA versionEngineTransmissionDriveFuelCity / Hwy / Comb
Silverado C15 2WD4.3L 6-cylAutomatic 6-spdRWDGasoline or E8518 / 23 / 20
Silverado 15 Hybrid 2WD5.3L 8-cylAutomatic 8-spdRWDRegular18 / 24 / 20
Silverado C15 2WD5.3L 8-cylAutomatic 6-spdRWDGasoline or E8516 / 23 / 19
Silverado C15 2WD5.3L 8-cylAutomatic 6-spdRWDRegular16 / 23 / 19
Silverado K15 4WD4.3L 6-cylAutomatic 6-spd4WDGasoline or E8517 / 22 / 19
Silverado C15 2WD5.3L 8-cylAutomatic 8-spdRWDRegular16 / 22 / 18
Silverado K15 4WD5.3L 8-cylAutomatic 6-spd4WDGasoline or E8516 / 22 / 18
Silverado K15 4WD5.3L 8-cylAutomatic 6-spd4WDRegular16 / 22 / 18
Silverado 15 Hybrid 4WD5.3L 8-cylAutomatic 8-spd4WDRegular16 / 21 / 18
Silverado C15 Cab Chassis 2WD5.3L 8-cylAutomatic 6-spdRWDRegular15 / 20 / 17
Silverado C15 2WD6.2L 8-cylAutomatic 8-spdRWDRegular15 / 21 / 17
Silverado K15 4WD5.3L 8-cylAutomatic 8-spd4WDRegular15 / 21 / 17
Safety

2016 Chevrolet Silverado 1500 safety ratings & recalls

12 recall campaigns on file; best overall rating 5 of 5 stars.

Tested versionOverallFrontalSideRollover
2016 Chevrolet Silverado 1500 Hybrid PU/CC RWD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/RC 4WD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/RC RWD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/EC 4WD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/EC RWD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/CC RWD★★★★★★★★★★★★★★★★★★★☆
2016 Chevrolet Silverado 1500 PU/CC 4WD★★★★★★★★★★★★★★★★★★★☆
  • AIR BAGS:SIDE/WINDOW:CURTAIN:INFLATORNHTSA campaign 26V611000 · reported September 24, 2026

    General Motors, LLC (GM) is recalling certain 2016 Chevrolet Silverado 2500/3500, GMC Sierra 2500/3500 vehicles, and 2016-2017 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles. The left-side or right-side roof rail air bag (RRAB) inflator end cap may detach from the…

  • AIR BAGS:SIDE/WINDOW:CURTAIN:INFLATORNHTSA campaign 21V504000 · reported July 1, 2021

    General Motors LLC (GM) is recalling certain 2015-2016 GMC Sierra 1500, 2500, 3500, and Chevrolet Silverado 1500, 2500, and 3500 trucks. The roof-rail air bag (RRAB) inflator end cap may detach from the inflator, or the inflator sidewall may rupture.

  • SEAT BELTS:FRONTNHTSA campaign 21V245000 · reported April 8, 2021

    General Motors, LLC (GM) is recalling certain 2014-2016 Chevrolet Silverado 1500, 2015-2016 Chevrolet Tahoe, and 2014-2015 GMC Sierra 1500 vehicles that may have received an incorrect replacement tensioner cable assembly as part of a previous recall remedy or a subsequent…

9 more recall campaigns for this model year at nhtsa.gov/recalls.

AutosXchange Intel

2016 Chevrolet Silverado 1500 price activity & trends

Tracked daily since Nov 5, 2026; data as of Nov 8, 9:35 PM UTC. ▲ ▼ show the direction of change.

Latest market activity

2%of 596 listings had a price cut in 7 daysWhat this means: About 1 in 50 of the 596 2016 Chevrolet Silverado 1500 listings tracked had a price cut in the last 7 days.
$863average cut, 7 daysWhat this means: When a 2016 Chevrolet Silverado 1500 price was cut, the cut averaged $863.
—7-day price change from Nov 12
2 / 13new listings / removed from sale, 7 daysWhat this means: 11 more listings were removed than added in the last 7 days, so fewer cars are for sale than a week ago. A removed listing is not always a sale.

Since Nov 5: 2% of 596 listings cut (average $863), 2 new, 13 removed from sale.

Compare by location

LocationListingsMedian askingvs. nationalCut in 7 daysAvg cutSame cars, 7-day changeNew / removed 7d
United States583$17,448—2%$863—2 / 13
The South232$17,177▼ −1.6%1.7%$1,047—0 / 5
The Midwest196$16,999▼ −2.6%2%$1,068—1 / 4
The Northeast80$17,925▲ +2.7%1.3%$500—1 / 0
The West75$19,904▲ +14.1%3.8%$465—0 / 4
Texas43$17,369▼ −0.5%2.3%$700—0 / 1
Ohio42$17,745▲ +1.7%2.3%$2,000—0 / 1
Michigan29——0%——0 / 1
  • 2016 Chevrolet Silverado 1500 median asking price in Texas: $17,369 (42 listings), 0.5% below the national $17,448.
  • 2016 Chevrolet Silverado 1500 median asking price in Ohio: $17,745 (42 listings), 1.7% above the national $17,448.
  • Price cuts in 7 days: 2.3% of listings in Texas vs 2.3% in Ohio.

Median asking price per day

What this means for you: The typical 2016 Chevrolet Silverado 1500 asking price rose 2.5% over the last 2 days (not seasonally adjusted).

2016 Chevrolet Silverado 1500: median asking price per dayUnited States: Nov 6 $17k, Nov 7 $17k, Nov 8 $17.4k; Texas: Nov 6 $18k, Nov 7 $17.4k, Nov 8 $17.4k$17k$17.3k$17.5k$17.8k$18kNov 6Nov 7Nov 8United States Nov 6: $17kUnited States Nov 7: $17kUnited States Nov 8: $17.4kTexas Nov 6: $18kTexas Nov 7: $17.4kTexas Nov 8: $17.4kUnited StatesTexas

Method terms: "same cars" is the median asking price of the same listings on both dates (a same-store median), so changes in the mix of cars do not move it; a "model" is a model year, make and model with at least 30 listings from 5 dealers (a cohort); a "group of states" is a U.S. Census division.

AutosXchange Intel Hub

Latest price changes: 2016 Chevrolet Silverado 1500

12 cuts and 0 raises in the last 30d; median cut −3.7%.

Source: AutosXchange Intel Hub, autos-xchange.com/market, 2026-11-08.

By model year

Chevrolet Silverado 1500 market data by model year

Shop locally

2016 Chevrolet Silverado 1500 for sale by city

FAQ

Frequently asked questions

What is the average asking price of a 2016 Chevrolet Silverado 1500?
Across 624 current listings on AutosXchange, the median asking price of a 2016 Chevrolet Silverado 1500 is $17,572. Most listings (10th to 90th percentile) ask between $11,996 and $23,995. These are dealer asking prices, not sold prices.
How many Chevrolet Silverado 1500 are for sale?
AutosXchange currently lists 624 vehicles from 563 dealerships in 47 states.
What mileage is typical for a 2016 Chevrolet Silverado 1500?
The median odometer reading is 128,811 miles; the middle half of listings show between 104,116 and 155,123 miles (624 listings with a published odometer).
What is a fair asking price for a 2016 Chevrolet Silverado 1500?
Half of current listings ask between $14,976 and $20,800 (25th to 75th percentile), around a median of $17,572. Compare mileage, trim, condition and the vehicle history report before deciding; AutosXchange figures are asking prices, not sold prices.
Where are the most Chevrolet Silverado 1500 for sale?
Texas has the most current listings (46), followed by Ohio (45).

AutosXchange market data is calculated from the asking prices of current dealer listings on AutosXchange, refreshed as dealers update their inventory. These are not sold or transaction prices and not appraisals. Listings with an asking price under $500 (placeholder prices) are excluded. Confirm price, fees and availability with the selling dealer.