Is the $20,289 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $20,289 is below the typical market range for this vehicle.

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

Based on 619 comparable listings in AL, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $20,281, with prices ranging from $4,900 to $39,989.

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

Comparable Chevrolet Silverado 1500 listings in AL spend an average of 69 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Fort Payne, AL 35967. VIN: 1GCVKREC8GZ312290. Mileage: 105,992 miles.

No Photo Available

Vehicle Details

VIN1GCVKREC8GZ312290

TrimLT

Exterior ColorWhite

Drivetrain4WD

Engine5.3L V8

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot26

2016 Chevrolet Silverado 1500

Unscored

$20,289105,992 mi

Fort Payne, AL 35967

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $20,289, comparable market range $22,982–$29,995, based on 6 comparable listings. Days on lot: 26 days (market average 69 days).

Market price position

$20,289 · $2,693 below market low

$22,982comparable$29,995

Regional range: $22,982 – $29,995
vs. market low: — $2,693 (12% below)
Comparable vehicles: 6

Market Retail Price (MRP™)

$26,489

This vehicle $20,289 · $6,200 (23%) 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™)

$20,136

This vehicle $20,289 · $153 (1%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-22) — 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 9–40 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 refresh daily.

Regional Range$22,982 – $29,995

Donohoo Chevrolet

Fort Payne, AL

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

View all vehicles from donohoo chevrolet →

Request availability and out-the-door price

OAV will route your inquiry to Donohoo Chevrolet 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 22, 2026

Listed by a franchise dealer in Fort Payne, AL · On lot for 26 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $20,289 by donohoo chevrolet in Fort Payne, AL 35967. It has 105,992 miles on the odometer. The exterior color is White. 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 6 similar vehicles in the Fort Payne market, the estimated market range is $22,982 to $29,995.

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 Fort Payne, AL 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 Fort Payne, AL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC8GZ312290 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 daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Silverado 1500 Market in AL

Comparable Vehicles

619

Average Price

$20,281

Price Range

$4,900–$39,989

Avg Days on Lot

Based on 619 comparable 2014-2018 Chevrolet Silverado 1500 listings in AL, the average asking price is $20,281. This listing at $20,289 is $8 above average (0% above market). Comparable prices in AL range from $4,900 to $39,989. Similar vehicles spend an average of 69 days on dealer lots in this market.