Is the $18,216 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $18,216 is below the typical market range for this vehicle.

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

Based on 1,136 comparable listings in IL, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $20,083, with prices ranging from $5,987 to $39,653.

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

Comparable Chevrolet Silverado 1500 listings in IL spend an average of 66 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Des Plaines, IL 60018. VIN: 1GCRCREC1GZ412133. Mileage: 124,931 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 $18,986 to $27,591, based on 6 comparable vehicles.

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Vehicle Details

VIN1GCRCREC1GZ412133

TrimLT

Exterior ColorSilver

DrivetrainRWD

Engine5.3L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot2

2016 Chevrolet Silverado 1500

Unscored

$18,216124,931 mi

Des Plaines, IL 60018

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $18,216, comparable market range $18,986–$27,591, based on 6 comparable listings. Days on lot: 2 days (market average 66 days).

Market price position

$18,216 · $770 below market low

$18,986comparable$27,591

Regional range: $18,986 – $27,591
vs. market low: — $770 (4% below)
Comparable vehicles: 6

Market Retail Price (MRP™)

$23,289

This vehicle $18,216 · $5,073 (22%) 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™)

$18,804

This vehicle $18,216 · $588 (3%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-15) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–40 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$18,986 – $27,591

Regional Range$10,178 – $28,590

Autonation

Des Plaines, IL

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

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Request availability and out-the-door price

OAV will route your inquiry to Autonation for current availability of this 2016 Chevrolet Silverado 1500 LT 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 Chevrolet Silverado 1500

Listing updated: Jul 15, 2026

Listed by a franchise dealer in Des Plaines, IL · On lot for 2 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $18,216 by autonation in Des Plaines, IL 60018. It has 124,931 miles on the odometer. The exterior color is Silver. It features a RWD 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 6 similar vehicles in the Des Plaines market, the estimated market range is $18,986 to $27,591. The local market range in IL is $18,986 to $27,591.

This vehicle has been on the lot for 2 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 Des Plaines, 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 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.

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 a franchise dealer in Des Plaines, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCRCREC1GZ412133 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 IL

Comparable Vehicles

1,136

Average Price

$20,083

Price Range

$5,987–$39,653

Avg Days on Lot

Based on 1,136 comparable 2014-2018 Chevrolet Silverado 1500 listings in IL, the average asking price is $20,083. This listing at $18,216 is $1,867 below average (9% below market). Comparable prices in IL range from $5,987 to $39,653. Similar vehicles spend an average of 66 days on dealer lots in this market.