Is the $18,770 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $18,770 is below the typical market range for this vehicle.

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

Based on 1,079 comparable listings in IL, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $19,946, with prices ranging from $5,987 to $39,295.

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

Comparable Chevrolet Silverado 1500 listings in IL spend an average of 73 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Delavan, IL 61734. VIN: 1GCVKREC2GZ161432. Mileage: 128,000 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 $18,990 to $21,337, based on 7 comparable vehicles.

Vehicle Details

VIN1GCVKREC2GZ161432

TrimLT

Exterior ColorRed

Drivetrain4WD

Engine5.3L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot584

2016 Chevrolet Silverado 1500

Unscored

$18,770128,000 mi

Delavan, IL 61734

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $18,770, comparable market range $18,990–$21,337, based on 7 comparable listings. Days on lot: 584 days (market average 73 days).

Market price position

Lowest comparable ($)

18,990

Highest comparable ($)

21,337

This vehicle's price ($)

18,770

$18,770 · $220 below market low

$18,990comparable$21,337

Regional range: $18,990 – $21,337
vs. market low: — $220 (1% below)
Comparable vehicles: 7

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–49 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 11.9x longer than typical for similar vehicles (cohort sells in 10–49 days; this one is at 584). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$18,990 – $21,337

Dealer Info

Hidden

Delavan, IL

This dealer is not yet on OAV

Request a connection and we'll notify the dealer you're interested

View all vehicles from this franchise dealer in Delavan, IL →

About This 2016 Chevrolet Silverado 1500

Listing updated: May 21, 2026

Listed by a franchise dealer in Delavan, IL · On lot for 584 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $18,770 by a franchise dealer in Delavan, IL 61734. It has 128,000 miles on the odometer. The exterior color is Red. It features a 4WD drivetrain with a 5.3L V8 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 Delavan market, the estimated market range is $18,990 to $21,337.

This vehicle has been on the lot for 584 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 Delavan, IL 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 a franchise dealer in Delavan, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC2GZ161432 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 IL

Comparable Vehicles

1,079

Average Price

$19,946

Price Range

$5,987–$39,295

Avg Days on Lot

Based on 1,079 comparable 2014-2018 Chevrolet Silverado 1500 listings in IL, the average asking price is $19,946. This listing at $18,770 is $1,176 below average (6% below market). Comparable prices in IL range from $5,987 to $39,295. Similar vehicles spend an average of 73 days on dealer lots in this market.