Is the $11,495 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $11,495 is below the typical market range for this vehicle.

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

Based on 907 comparable listings in IA, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $21,410, with prices ranging from $6,950 to $39,295.

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

Comparable Chevrolet Silverado 1500 listings in IA spend an average of 50 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Vinton, IA 52349. VIN: 1GCRCREC7GZ371720. Mileage: 186,708 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 $13,941 to $24,168, based on 21 comparable vehicles.

Vehicle Details

VIN1GCRCREC7GZ371720

TrimLT

Exterior ColorRed

DrivetrainRWD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot108

Days on Market108

2016 Chevrolet Silverado 1500

Great Deal

$11,495186,708 miles

Vinton, IA 52349

Market price position

Lowest comparable ($)

13,941

Highest comparable ($)

24,168

This vehicle's price ($)

11,495

$11,495 · $2,446 below market low

$13,941comparable$24,168

Regional range: $13,941 – $24,168
vs. market low: — $2,446 (18% below)
Comparable vehicles: 21

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–53 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.

Regional Range$13,941 – $24,168

Dealer Info

Hidden

Vinton, IA

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About This 2016 Chevrolet Silverado 1500

Listing updated: May 11, 2026

Listed by a franchise dealer in Vinton, IA · On lot for 108 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $11,495 by a franchise dealer in Vinton, IA 52349. It has 186,708 miles on the odometer. The exterior color is Red. It features a RWD drivetrain with a 4.3L V6 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 21 similar vehicles in the Vinton market, the estimated market range is $13,941 to $24,168.

This vehicle has been on the lot for 108 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 Vinton, IA 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 a franchise dealer in Vinton, IA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCRCREC7GZ371720 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 IA

Comparable Vehicles

907

Average Price

$21,410

Price Range

$6,950–$39,295

Avg Days on Lot

Based on 907 comparable 2014-2018 Chevrolet Silverado 1500 listings in IA, the average asking price is $21,410. This listing at $11,495 is $9,915 below average (46% below market). Comparable prices in IA range from $6,950 to $39,295. Similar vehicles spend an average of 50 days on dealer lots in this market.