Is the $8,950 price on this 2016 Chevrolet Colorado a good deal?

OAV rates this as a Great Deal because the asking price of $8,950 is below the typical market range for this vehicle.

What is the average price for a 2016 Chevrolet Colorado in IN?

Based on 206 comparable listings in IN, the average asking price for a 2014-2018 Chevrolet Colorado is $18,946, with prices ranging from $6,000 to $29,990.

How long does a 2016 Chevrolet Colorado typically stay on dealer lots?

Comparable Chevrolet Colorado listings in IN spend an average of 56 days on dealer lots.

Where is this 2016 Chevrolet Colorado located?

This vehicle is listed in Indianapolis, IN 46203. VIN: 1GCHSBEA8G1169861. Mileage: 184,417 miles.

What is the fair market price range for this 2016 Chevrolet Colorado?

OAV's Price-to-Market analysis estimates the fair market range is $14,300 to $20,583, based on 6 comparable vehicles.

Vehicle Details

VIN1GCHSBEA8G1169861

TrimWork Truck

Exterior ColorWhite

DrivetrainRWD

Engine2.5L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot41

2016 Chevrolet Colorado

Work Truck

Unscored

$8,950184,417 mi

Indianapolis, IN 46203

Is this 2016 Chevrolet Colorado Work Truck a good deal?

OAV verdict: Unscored

Why: Listed at $8,950, comparable market range $14,300–$20,583, based on 6 comparable listings. Days on lot: 41 days (market average 56 days).

Market price position

Lowest comparable ($)

14,300

Highest comparable ($)

20,583

This vehicle's price ($)

8,950

$8,950 · $5,350 below market low

$14,300comparable$20,583

Regional range: $14,300 – $20,583
vs. market low: — $5,350 (37% below)
Comparable vehicles: 6

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 11–55 days.

What does Demand-Verified mean?

Verify before inquiring

This listing is priced about 37% below the lowest comparable vehicle in the regional market. Discounts at this scale frequently indicate accident damage, branded title (salvage or rebuilt), or undisclosed mechanical issues. Strongly recommend pulling a vehicle history report and inspecting listing photos carefully before inquiring.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$14,300 – $20,583

Dealer Info

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Indianapolis, IN

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About This 2016 Chevrolet Colorado

Listing updated: May 19, 2026

Listed by an independent dealer in Indianapolis, IN · On lot for 41 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Colorado Work Truck is listed at $8,950 by an independent dealer in Indianapolis, IN 46203. It has 184,417 miles on the odometer. The exterior color is White. It features a RWD drivetrain with a 2.5L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on 6 similar vehicles in the Indianapolis market, the estimated market range is $14,300 to $20,583.

This vehicle has been on the lot for 41 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 Indianapolis, IN 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 Chevrolet Colorado 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 an independent dealer in Indianapolis, IN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCHSBEA8G1169861 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 Colorado Market in IN

Comparable Vehicles

206

Average Price

$18,946

Price Range

$6,000–$29,990

Avg Days on Lot

Based on 206 comparable 2014-2018 Chevrolet Colorado listings in IN, the average asking price is $18,946. This listing at $8,950 is $9,996 below average (53% below market). Comparable prices in IN range from $6,000 to $29,990. Similar vehicles spend an average of 56 days on dealer lots in this market.