Is the $15,900 price on this 2018 Chevrolet Silverado 1500 a good deal?

OAV rates this as Fair Price because the asking price of $15,900 is within the typical market range for this vehicle.

What is the average price for a 2018 Chevrolet Silverado 1500 in IL?

Based on 1,462 comparable listings in IL, the average asking price for a 2016-2020 Chevrolet Silverado 1500 is $25,383, with prices ranging from $7,900 to $48,995.

How long does a 2018 Chevrolet Silverado 1500 typically stay on dealer lots?

Comparable Chevrolet Silverado 1500 listings in IL spend an average of 64 days on dealer lots.

Where is this 2018 Chevrolet Silverado 1500 located?

This vehicle is listed in Newark, IL 60541. VIN: 1GCVKREC2JZ162894. Mileage: 150,123 miles.

What is the fair market price range for this 2018 Chevrolet Silverado 1500?

OAV's Price-to-Market analysis estimates the fair market range is $12,413 to $29,408, based on 55 comparable vehicles.

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Vehicle Details

VIN1GCVKREC2JZ162894

TrimLT

Exterior ColorBlack

Drivetrain4WD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot14

2018 Chevrolet Silverado 1500

Fair Price

$15,900150,123 mi

Newark, IL 60541

Is this 2018 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Fair Price

Why: Listed at $15,900, comparable market range $12,413–$29,408, based on 55 comparable listings. Days on lot: 14 days (market average 64 days).

Market price position

$15,900 · within market range

$12,413comparable$29,408

Regional range: $12,413 – $29,408
vs. market: $3,487 above low · $13,508 below high
Comparable vehicles: 55

Market Retail Price (MRP™)

$20,911

This vehicle $15,900 · $5,011 (24%) 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™)

$18,782

This vehicle $15,900 · $2,882 (15%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-25) — 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 12–53 days.

What does Demand-Verified mean?

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$12,413 – $29,408

Newark Rides

Newark, IL

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

View all vehicles from newark rides →

Request availability and out-the-door price

OAV will route your inquiry to Newark Rides for current availability of this 2018 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 2018 Chevrolet Silverado 1500

Listing updated: Jul 25, 2026

Listed by an independent dealer in Newark, IL · On lot for 14 days · VIN verifiable at NHTSA

This used 2018 Chevrolet Silverado 1500 LT is listed at $15,900 by newark rides in Newark, IL 60541. It has 150,123 miles on the odometer. The exterior color is Black. 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 55 similar vehicles in the Newark market, the estimated market range is $12,413 to $29,408.

This vehicle has been on the lot for 14 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 Newark, 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 2018 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 Newark, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC2JZ162894 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.

2018 Chevrolet Silverado 1500 Market in IL

Comparable Vehicles

1,462

Average Price

$25,383

Price Range

$7,900–$48,995

Avg Days on Lot

Based on 1,462 comparable 2016-2020 Chevrolet Silverado 1500 listings in IL, the average asking price is $25,383. This listing at $15,900 is $9,483 below average (37% below market). Comparable prices in IL range from $7,900 to $48,995. Similar vehicles spend an average of 64 days on dealer lots in this market.