2016 RAM 1500 Pickup Laramie
Vehicle Details
Laramie
Frankfort, IL 60423
Is this 2016 RAM 1500 Pickup Laramie a good deal?
OAV verdict: Great Deal
Why: Listed at $16,997, comparable market range $17,244–$25,299, based on 10 comparable listings. Days on lot: 423 days (market average 84 days).
Market price position
$16,997 · $247 below market low
- Comparable range
- $17,244 – $25,299
- vs. market low
- — $247 (1% below)
- Comparable vehicles
- 10
Market Retail Price (MRP™)
$21,272This vehicle $16,997 · $4,275 (20%) below MRP
MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.
True Retail Value (TRV™)
$20,117This vehicle $16,997 · $3,120 (16%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-31) — an estimate, not an appraisal. How TRV works.
Similar vehicles recently sold in an estimated 12–50 days.
What does Demand-Verified mean?
- This listing has been on market about 8.5x longer than typical for similar vehicles (cohort sells in 12–50 days; this one is at 423). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.
Frankfort Car Outlet
Frankfort, IL
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Frankfort Car Outlet for current availability of this 2016 RAM 1500 Pickup Laramie and an out-the-door price quote (taxes, fees, addons included).
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
About This 2016 RAM 1500 Pickup
Listing updated: Jul 31, 2026Listed by an independent dealer in Frankfort, IL · On lot for 423 days · VIN verifiable at NHTSA
This used 2016 RAM 1500 Pickup Laramie is listed at $16,997 by frankfort car outlet in Frankfort, IL 60423. It has 120,779 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a 4WD drivetrain with a 5.7L V8 engine and Automatic transmission.
OAV's AI-powered Price-to-Market analysis rates this vehicle as a Great Deal — priced below market value. Based on 10 comparable listings matched to this vehicle, the estimated market range is $17,244 to $25,299. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).
This vehicle has been on the lot for 423 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).
Market context
This listing is part of OAV's broader Frankfort, IL trucks market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.
How this deal is rated
OAV compares this 2016 RAM 1500 Pickup against similar vehicles currently available in the local and regional market — same make, model, and year range (currently across available trims and configurations; trim-level matching is rolling out), filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the typical range for comparable vehicles.
- Fair Price — priced within the expected range for comparable vehicles.
- Overpriced — priced above the typical range for comparable vehicles.
Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Frankfort, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1C6RR7NT5GS409190 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.
Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.
2016 RAM 1500 Pickup Market in IL
IL Market Listings
348
Average Price
$17,485
Price Range
$5,999–$34,990
Avg Days on Lot
84
Based on all 348 2014-2018 RAM 1500 Pickup listings in the IL market, the average asking price is $17,485. This listing at $16,997 is $488 below the broader IL average (3% below the IL average). This is a wider, all-trim comparison across IL; OAV's price verdict above uses the closer comparable set. Comparable prices in IL range from $5,999 to $34,990. Similar vehicles spend an average of 84 days on dealer lots in this market.
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8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: Laramie — compare trims below)
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