Vehicle Details
2016 Chevrolet Silverado 1500
LT
Fayetteville, AR 72701
Is this 2016 Chevrolet Silverado 1500 LT a good deal?
OAV verdict: Unscored
Why: Listed at $15,900, comparable market range $23,999–$24,133, based on 4 comparable listings. Days on lot: 26 days (market average 52 days).
Market price position
$15,900 · $8,099 below market low
- Regional range
- $23,999 – $24,133
- vs. market low
- — $8,099 (34% below)
- Comparable vehicles
- 4
Market Retail Price (MRP™)
$24,066This vehicle $15,900 · $8,166 (34%) 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™)
$16,398This vehicle $15,900 · $498 (3%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-17) — an estimate, not an appraisal. How TRV works.
Similar vehicles recently sold in an estimated 9–40 days.
What does Demand-Verified mean?
- This listing is priced about 34% 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 update continuously.
Smith Motor Co
Fayetteville, AR
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Smith Motor Co for current availability of this 2016 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 2016 Chevrolet Silverado 1500
Listing updated: Jul 17, 2026Listed by an independent dealer in Fayetteville, AR · On lot for 26 days · VIN verifiable at NHTSA
This used 2016 Chevrolet Silverado 1500 LT is listed at $15,900 by smith motor co in Fayetteville, AR 72701. It has 156,583 miles on the odometer. The exterior color is Blue. 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 4 similar vehicles in the Fayetteville market, the estimated market range is $23,999 to $24,133.
This vehicle has been on the lot for 26 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 Fayetteville, AR 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 an independent dealer in Fayetteville, AR, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC7GZ156551 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 updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.
2016 Chevrolet Silverado 1500 Market in AR
Comparable Vehicles
378
Average Price
$22,735
Price Range
$5,634–$33,471
Avg Days on Lot
52
Based on 378 comparable 2014-2018 Chevrolet Silverado 1500 listings in AR, the average asking price is $22,735. This listing at $15,900 is $6,835 below average (30% below market). Comparable prices in AR range from $5,634 to $33,471. Similar vehicles spend an average of 52 days on dealer lots in this market.
Similar Chevrolet Silverado 1500 Listings in AR
8 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: LT — compare trims below)
2016 Chevrolet Silverado 1500
LT
Jonesboro, AR
2015 Chevrolet Silverado 1500
LT
Fayetteville, AR
2015 Chevrolet Silverado 1500
LT
Siloam Springs, AR
2015 Chevrolet Silverado 1500
LT
Paragould, AR
2017 Chevrolet Silverado 1500
LT
Paris, AR
2017 Chevrolet Silverado 1500
LT
Paragould, AR
2018 Chevrolet Silverado 1500
LT
North Little Rock, AR
2014 Chevrolet Silverado 1500
LT
Searcy, AR