Is the $29,499 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as Fair Price because the asking price of $29,499 is within the typical market range for this vehicle.

What is the average price for a 2016 Chevrolet Silverado 1500 in CO?

Based on 491 comparable listings in CO, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $22,808, with prices ranging from $9,699 to $165,499.

How long does a 2016 Chevrolet Silverado 1500 typically stay on dealer lots?

Comparable Chevrolet Silverado 1500 listings in CO spend an average of 59 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Denver, CO 80219. VIN: 1GCNKNEC4GZ256485. Mileage: 94,775 miles.

What is the fair market price range for this 2016 Chevrolet Silverado 1500?

OAV's Price-to-Market analysis estimates the fair market range is $29,499 to $29,499, based on available comparable vehicles.

Vehicle Details

VIN1GCNKNEC4GZ256485

TrimWork Truck 1WT

Exterior ColorRed

Drivetrain4WD

Engine5.3L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot8

2016 Chevrolet Silverado 1500

Work Truck 1WT

Unscored

$29,49994,775 miles

Denver, CO 80219

Is this 2016 Chevrolet Silverado 1500 Work Truck 1WT a good deal?

OAV verdict: Unscored

Why: Listed at $29,499, comparable market range $29,499–$29,499. Days on lot: 8 days (market average 59 days).

Market price position

Lowest comparable ($)

29,499

Highest comparable ($)

29,499

This vehicle's price ($)

29,499

$29,499 · only listing at this price

$29,499 — single data point

Regional range: $29,499 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–42 days.

What does Demand-Verified mean?

Market Breakdown

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

Local Range$28,995 – $28,995

Regional Range$28,995 – $28,995

Dealer Info

Hidden

Denver, CO

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About This 2016 Chevrolet Silverado 1500

Listing updated: May 17, 2026

Listed by an independent dealer in Denver, CO · On lot for 8 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 Work Truck 1WT is listed at $29,499 by an independent dealer in Denver, CO 80219. It has 94,775 miles on the odometer. The exterior color is Red. It features a 4WD drivetrain with a 5.3L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Unscored due to insufficient comparable data. Based on available similar vehicles in the Denver market, the estimated market range is $29,499 to $29,499. The local market range in CO is $28,995 to $28,995.

This vehicle has been on the lot for 8 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 Denver, CO 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 Silverado 1500 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 Denver, CO, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCNKNEC4GZ256485 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 1500 Market in CO

Comparable Vehicles

491

Average Price

$22,808

Price Range

$9,699–$165,499

Avg Days on Lot

Based on 491 comparable 2014-2018 Chevrolet Silverado 1500 listings in CO, the average asking price is $22,808. This listing at $29,499 is $6,691 above average (29% above market). Comparable prices in CO range from $9,699 to $165,499. Similar vehicles spend an average of 59 days on dealer lots in this market.