Is the $40,287 price on this 2016 Chevrolet Silverado 2500HD a good deal?

OAV rates this as Fair Price because the asking price of $40,287 is within the typical market range for this vehicle.

What is the average price for a 2016 Chevrolet Silverado 2500HD in SD?

Based on 48 comparable listings in SD, the average asking price for a 2014-2018 Chevrolet Silverado 2500HD is $30,801, with prices ranging from $14,900 to $48,777.

How long does a 2016 Chevrolet Silverado 2500HD typically stay on dealer lots?

Comparable Chevrolet Silverado 2500HD listings in SD spend an average of 88 days on dealer lots.

Where is this 2016 Chevrolet Silverado 2500HD located?

This vehicle is listed in Rapid City, SD 57701. VIN: 1GC1KWE80GF283474. Mileage: 109,866 miles.

What is the fair market price range for this 2016 Chevrolet Silverado 2500HD?

OAV's Price-to-Market analysis estimates the fair market range is $40,287 to $40,287, based on available comparable vehicles.

Vehicle Details

VIN1GC1KWE80GF283474

TrimLTZ

Exterior ColorRed

Drivetrain4WD

Engine6.6L V8

TransmissionAutomatic

Fuel TypeDiesel

Inventory Typeused

Days on Lot5

Days on Market145

2016 Chevrolet Silverado 2500HD

LTZ

Unscored

$40,287109,866 miles

Rapid City, SD 57701

Market price position

Lowest comparable ($)

40,287

Highest comparable ($)

40,287

This vehicle's price ($)

40,287

$40,287 · only listing at this price

$40,287 — single data point

Regional range: $40,287 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 14–67 days.

Dealer Info

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Rapid City, SD

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About This 2016 Chevrolet Silverado 2500HD

Listing updated: May 4, 2026

Listed by a franchise dealer in Rapid City, SD · On lot for 5 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 2500HD LTZ is listed at $40,287 by a franchise dealer in Rapid City, SD 57701. It has 109,866 miles on the odometer. The exterior color is Red. It features a 4WD drivetrain with a 6.6L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on available similar vehicles in the Rapid City market, the estimated market range is $40,287 to $40,287.

This vehicle has been on the lot for 5 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2016 Chevrolet Silverado 2500HD against similar vehicles currently available in the local and regional market — same make, model, and year range, 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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Rapid City, SD, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GC1KWE80GF283474 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Silverado 2500HD Market in SD

Comparable Vehicles

Average Price

$30,801

Price Range

$14,900–$48,777

Avg Days on Lot

Based on 48 comparable 2014-2018 Chevrolet Silverado 2500HD listings in SD, the average asking price is $30,801. This listing at $40,287 is $9,486 above average (31% above market). Comparable prices in SD range from $14,900 to $48,777. Similar vehicles spend an average of 88 days on dealer lots in this market.