Is the $7,800 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $7,800 is below the typical market range for this vehicle.

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

Based on 618 comparable listings in SC, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $21,541, with prices ranging from $7,800 to $37,995.

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

Comparable Chevrolet Silverado 1500 listings in SC spend an average of 65 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Summerville, SC 29486. VIN: 1GCRCREH3GZ317083. Mileage: 240,859 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 $14,500 to $20,751, based on 7 comparable vehicles.

No Photo Available

Vehicle Details

VIN1GCRCREH3GZ317083

TrimLT

Exterior ColorWhite

DrivetrainRWD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeE85 / Unleaded

Inventory Typeused

Days on Lot5

2016 Chevrolet Silverado 1500

Unscored

$7,800240,859 mi

Summerville, SC 29486

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $7,800, comparable market range $14,500–$20,751, based on 7 comparable listings. Days on lot: 5 days (market average 65 days).

Market price position

$7,800 · $6,700 below market low

$14,500comparable$20,751

Regional range: $14,500 – $20,751
vs. market low: — $6,700 (46% below)
Comparable vehicles: 7

Market Retail Price (MRP™)

$17,626

This vehicle $7,800 · $9,826 (56%) 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™)

$10,109

This vehicle $7,800 · $2,309 (23%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-16) — 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 9–49 days.

What does Demand-Verified mean?

Verify before inquiring

This listing is priced about 46% 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 update continuously.

Local Range$17,499 – $17,499

Regional Range$14,500 – $20,751

Fanellis Auto And Marine

Summerville, SC

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

View all vehicles from fanellis auto and marine →

Request availability and out-the-door price

OAV will route your inquiry to Fanellis Auto And Marine 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 16, 2026

Listed by an independent dealer in Summerville, SC · On lot for 5 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $7,800 by fanellis auto and marine in Summerville, SC 29486. It has 240,859 miles on the odometer. The exterior color is White. 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 7 similar vehicles in the Summerville market, the estimated market range is $14,500 to $20,751. The local market range in SC is $17,499 to $17,499.

This vehicle has been on the lot for 5 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 Summerville, SC 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 Summerville, SC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCRCREH3GZ317083 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 updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Silverado 1500 Market in SC

Comparable Vehicles

618

Average Price

$21,541

Price Range

$7,800–$37,995

Avg Days on Lot

Based on 618 comparable 2014-2018 Chevrolet Silverado 1500 listings in SC, the average asking price is $21,541. This listing at $7,800 is $13,741 below average (64% below market). Comparable prices in SC range from $7,800 to $37,995. Similar vehicles spend an average of 65 days on dealer lots in this market.