2016 Chevrolet Silverado 1500 LT

Listed by a franchise dealer in Albion, MI · On lot for 62 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $12,095 by college chevrolet in Albion, MI 49224. It has 160,140 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a 4WD drivetrain with a 4.3L V6 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 20 comparable listings matched to this vehicle, the estimated market range is $9,980 to $28,341. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 62 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 Albion, MI trucks market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

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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 (currently across available trims and configurations; trim-level matching is rolling out), 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 Albion, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC0GZ403148 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 within the same geographic market.

2016 Chevrolet Silverado 1500 Market in MI

Based on all 631 2014-2018 Chevrolet Silverado 1500 listings in the MI market, the average asking price is $18,019. This listing at $12,095 is $5,924 below the broader MI average (33% 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 $3,495 to $37,148. Similar vehicles spend an average of 77 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)