Is the $10,349 price on this 2016 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $10,349 is below the typical market range for this vehicle.

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

Based on 882 comparable listings in MN, the average asking price for a 2014-2018 Chevrolet Silverado 1500 is $19,546, with prices ranging from $3,995 to $44,430.

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

Comparable Chevrolet Silverado 1500 listings in MN spend an average of 63 days on dealer lots.

Where is this 2016 Chevrolet Silverado 1500 located?

This vehicle is listed in Elk River, MN 55330. VIN: 1GCVKREC9GZ267165. Mileage: 205,505 miles.

No Photo Available

Vehicle Details

VIN1GCVKREC9GZ267165

TrimLT

Exterior ColorBlue

Drivetrain4WD

Engine4.3L V6

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot48

2016 Chevrolet Silverado 1500

Unscored

$10,349205,505 mi

Elk River, MN 55330

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Unscored

Why: Listed at $10,349, comparable market range $19,947–$19,947, based on 4 comparable listings. Days on lot: 48 days (market average 63 days).

Market price position

$10,349 · $9,598 below the market benchmark

$19,947 — single data point

Regional range: $19,947 (4 listings)
vs. market low: — $9,598 (48% below)
Comparable vehicles: 4

Market Retail Price (MRP™)

$19,947

This vehicle $10,349 · $9,598 (48%) 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™)

$12,568

This vehicle $10,349 · $2,219 (18%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-19) — 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 9–51 days.

What does Demand-Verified mean?

Verify before inquiring

This listing is priced about 48% 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.

Local Range$19,947 – $19,947

Regional Range$8,999 – $21,015

Cornerstone Kia

Elk River, MN

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

View all vehicles from cornerstone kia →

Request availability and out-the-door price

OAV will route your inquiry to Cornerstone Kia 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 18, 2026

Listed by a franchise dealer in Elk River, MN · On lot for 48 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $10,349 by cornerstone kia in Elk River, MN 55330. It has 205,505 miles on the odometer. The exterior color is Blue. 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 Unscored due to insufficient comparable data. Based on 4 similar vehicles in the Elk River market, the estimated market range is $19,947 to $19,947. The local market range in MN is $19,947 to $19,947.

This vehicle has been on the lot for 48 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 Elk River, MN 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 Elk River, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GCVKREC9GZ267165 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 MN

Comparable Vehicles

882

Average Price

$19,546

Price Range

$3,995–$44,430

Avg Days on Lot

Based on 882 comparable 2014-2018 Chevrolet Silverado 1500 listings in MN, the average asking price is $19,546. This listing at $10,349 is $9,197 below average (47% below market). Comparable prices in MN range from $3,995 to $44,430. Similar vehicles spend an average of 63 days on dealer lots in this market.