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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2018 Chevrolet Silverado 1500 LT

2018 Chevrolet Silverado 1500View this vehicle at first class used auto sales erie →

Vehicle Details

VIN1GCUKREC7JF147613
TrimLT
Exterior ColorWhite
Drivetrain4WD
Engine5.3L V8
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot9

LT

Fair Price
$15,995167,220 mi

Erie, MI 48133

Is this 2018 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Fair Price

Why: Listed at $15,995, comparable market range $11,995–$26,800, based on 78 comparable listings. Listed 9 days · fresher than most comparable local listings (typical ~15–75 days).

Market price position

$15,995 · within market range

Comparable range
$11,995 – $26,800
vs. market
$4,000 above low · $10,805 below high
Comparable vehicles
78

Market Retail Price (MRP™)

$19,398

This vehicle $15,995 · $3,403 (18%) 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™)

$16,898

This vehicle $15,995 · $903 (5%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-31) — an estimate, not an appraisal. How TRV works.

Comparable vehicles nationally recently sold in an estimated 1253 days.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$11,995 – $26,800

First Class Used Auto Sales Erie

Erie, MI

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

About This 2018 Chevrolet Silverado 1500

Listing updated: Aug 31, 2026

Listed by an independent dealer in Erie, MI · On lot for 9 days · VIN verifiable at NHTSA

This used 2018 Chevrolet Silverado 1500 LT is listed at $15,995 by first class used auto sales erie in Erie, MI 48133. It has 167,220 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a 4WD drivetrain with a 5.3L V8 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 78 comparable listings matched to this vehicle, the estimated market range is $11,995 to $26,800. These comparisons match year, make, and model, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 9 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 Erie, MI trucks market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.

How this deal is rated

OAV compares this 2018 Chevrolet Silverado 1500 against similar vehicles currently available for sale — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:

  • Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
  • 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Erie, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCUKREC7JF147613 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 processed daily; Price-to-Market analysis uses comparable vehicles.

2018 Chevrolet Silverado 1500 Market in MI

MI Market Listings

924

Average Price

$23,410

Price Range

$15,526–$31,954

Avg Days on Lot

72

Based on all 924 2016-2020 Chevrolet Silverado 1500 listings in the MI market, the average asking price is $23,410. This listing at $15,995 is $7,415 below the broader MI average (32% below the MI average). This is a wider, all-trim comparison across MI; OAV's price verdict above uses the closer comparable set. Comparable prices in MI range from $15,526 to $31,954. Similar vehicles spend an average of 72 days on dealer lots in this market.

Similar Chevrolet Silverado 1500 Listings in MI

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LT — compare trims below)