Is the $10,990 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $10,990 is below the typical market range for this vehicle.

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

Based on 661 comparable listings in NE, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $22,256, with prices ranging from $8,500 to $45,999.

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

Comparable Chevrolet Silverado 1500 listings in NE spend an average of 80 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Lincoln, NE 68521. VIN: 1GCVKREC1GZ411890. Mileage: 205,000 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 $21,598 to $21,598, based on 4 comparable vehicles.

No Photo Available

Vehicle Details

VIN1GCVKREC1GZ411890

TrimLT

Exterior ColorSilver

Drivetrain4WD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot5

2016 Chevrolet Silverado 1500

Unscored

$10,990205,000 miles

Lincoln, NE 68521

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $10,990, comparable market range $21,598–$21,598, based on 4 comparable listings. Days on lot: 5 days (market average 80 days).

Market price position

Lowest comparable ($)

21,598

Highest comparable ($)

21,598

This vehicle's price ($)

10,990

$10,990 · $10,608 below the market benchmark

$21,598 — single data point

Regional range: $21,598 (4 listings)
vs. market low: — $10,608 (49% below)
Comparable vehicles: 4

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?

Verify before inquiring

This listing is priced about 49% 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 refresh daily.

Local Range$21,598 – $21,598

Regional Range$12,900 – $34,294

Dealer Info

Hidden

Lincoln, NE

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About This 2016 Chevrolet Silverado 1500

Listing updated: May 17, 2026

Listed by a franchise dealer in Lincoln, NE · On lot for 5 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $10,990 by a franchise dealer in Lincoln, NE 68521. It has 205,000 miles on the odometer. The exterior color is Silver. 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 Unscored due to insufficient comparable data. Based on 4 similar vehicles in the Lincoln market, the estimated market range is $21,598 to $21,598. The local market range in NE is $21,598 to $21,598.

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 Lincoln, NE 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 Lincoln, NE, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC1GZ411890 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 NE

Comparable Vehicles

661

Average Price

$22,256

Price Range

$8,500–$45,999

Avg Days on Lot

Based on 661 comparable 2014-2018 Chevrolet Silverado 1500 listings in NE, the average asking price is $22,256. This listing at $10,990 is $11,266 below average (51% below market). Comparable prices in NE range from $8,500 to $45,999. Similar vehicles spend an average of 80 days on dealer lots in this market.