Is the $12,000 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $12,000 is below the typical market range for this vehicle.

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

Based on 2,237 comparable listings in OH, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $20,545, with prices ranging from $3,400 to $38,995.

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

Comparable Chevrolet Silverado 1500 listings in OH spend an average of 53 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Columbus, OH 43231. VIN: 1GCRCREH3GZ199343. Mileage: 163,752 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 $13,220 to $13,220, based on 3 comparable vehicles.

No Photo Available

Vehicle Details

VIN1GCRCREH3GZ199343

TrimLT

Exterior ColorSilver

DrivetrainRWD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeE85 / Unleaded

Inventory Typeused

Days on Lot21

2016 Chevrolet Silverado 1500

Unscored

$12,000163,752 mi

Columbus, OH 43231

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $12,000, comparable market range $13,220–$13,220, based on 3 comparable listings. Days on lot: 21 days (market average 53 days).

Market price position

$12,000 · $1,220 below the market benchmark

$13,220 — single data point

Regional range: $13,220 (3 listings)
vs. market low: — $1,220 (9% below)
Comparable vehicles: 3

Market Retail Price (MRP™)

$13,220

This vehicle $12,000 · $1,220 (9%) 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™)

$15,858

This vehicle $12,000 · $3,858 (24%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-14) — 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 10–60 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$13,220 – $13,220

Regional Range$12,999 – $30,990

Ryan Motors Llc

Columbus, OH

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

View all vehicles from ryan motors llc →

Request availability and out-the-door price

OAV will route your inquiry to Ryan Motors Llc 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 an independent dealer in Columbus, OH · On lot for 21 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $12,000 by ryan motors llc in Columbus, OH 43231. It has 163,752 miles on the odometer. The exterior color is Silver. 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 Unscored due to insufficient comparable data. Based on 3 similar vehicles in the Columbus market, the estimated market range is $13,220 to $13,220. The local market range in OH is $13,220 to $13,220.

This vehicle has been on the lot for 21 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 Columbus, OH 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 an independent dealer in Columbus, OH, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCRCREH3GZ199343 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 OH

Comparable Vehicles

2,237

Average Price

$20,545

Price Range

$3,400–$38,995

Avg Days on Lot

Based on 2,237 comparable 2014-2018 Chevrolet Silverado 1500 listings in OH, the average asking price is $20,545. This listing at $12,000 is $8,545 below average (42% below market). Comparable prices in OH range from $3,400 to $38,995. Similar vehicles spend an average of 53 days on dealer lots in this market.