Is the $12,995 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as Fair Price because the asking price of $12,995 is within the typical market range for this vehicle.

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

Based on 144 comparable listings in ME, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $19,426, with prices ranging from $7,900 to $33,999.

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

Comparable Chevrolet Silverado 1500 listings in ME spend an average of 57 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Saco, ME 04072. VIN: 1GCVKREC6GZ264692. Mileage: 175,283 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 $8,955 to $18,995, based on 8 comparable vehicles.

Vehicle Details

VIN1GCVKREC6GZ264692

TrimLT

Exterior ColorWhite

Drivetrain4WD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$12,995

Days on Lot5

Days on Market386

2016 Chevrolet Silverado 1500

Fair Price

$12,995175,283 miles

Saco, ME 04072

Market price position

Lowest comparable ($)

8,955

Highest comparable ($)

18,995

This vehicle's price ($)

12,995

$12,995 · within market range

$8,955comparable$18,995

Regional range: $8,955 – $18,995
vs. market: $4,040 above low · $6,000 below high
Comparable vehicles: 8

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$14,985 – $14,985

Regional Range$8,955 – $18,995

Dealer Info

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Saco, ME

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About This 2016 Chevrolet Silverado 1500

Listing updated: Apr 24, 2026

Listed by a independent dealer in Saco, ME · On lot for 5 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $12,995 by a independent dealer in Saco, ME 04072. It has 175,283 miles on the odometer. The exterior color is White. 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 8 similar vehicles in the Saco market, the estimated market range is $8,955 to $18,995. The local market range in ME is $14,985 to $14,985.

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).

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 independent dealer in Saco, ME, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1GCVKREC6GZ264692 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 ME

Comparable Vehicles

144

Average Price

$19,426

Price Range

$7,900–$33,999

Avg Days on Lot

Based on 144 comparable 2014-2018 Chevrolet Silverado 1500 listings in ME, the average asking price is $19,426. This listing at $12,995 is $6,431 below average (33% below market). Comparable prices in ME range from $7,900 to $33,999. Similar vehicles spend an average of 57 days on dealer lots in this market.