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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2016 Chevrolet Suburban LT

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Vehicle Details

VIN1GNSKHKC7GR348061
TrimLT
Exterior ColorBlack
Drivetrain4WD
Engine5.3L V8
TransmissionAutomatic
Fuel TypeE85 / Unleaded
Inventory Typeused
Days on Lot15

LT

Unscored
$12,700150,000 mi

Lansing, MI 48911

Is this 2016 Chevrolet Suburban LT a good deal?

OAV verdict: Unscored

Why: Listed at $12,700, comparable market range $12,700–$12,700. Days on lot: 15 days (market average 60 days).

Market price position

$12,700 · only listing at this price

Regional range
$12,700 (0 listings)
vs. market
Exact match — no spread
Comparable vehicles
0

Market Retail Price (MRP™)

$12,700

This vehicle $12,700 · priced at 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™)

$16,639

This vehicle $12,700 · $3,939 (24%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-29) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 1159 days.

Budget Cars Of Lansing

Lansing, MI

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OAV will route your inquiry to Budget Cars Of Lansing for current availability of this 2016 Chevrolet Suburban 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 Suburban

Listing updated: Jul 28, 2026

Listed by an independent dealer in Lansing, MI · On lot for 15 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Suburban LT is listed at $12,700 by budget cars of lansing in Lansing, MI 48911. It has 150,000 miles on the odometer. The exterior color is Black. 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 available similar vehicles in the Lansing market, the estimated market range is $12,700 to $12,700.

This vehicle has been on the lot for 15 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 Lansing, MI suvs 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 Suburban 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 Lansing, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GNSKHKC7GR348061 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.

2016 Chevrolet Suburban Market in MI

Comparable Vehicles

175

Average Price

$17,494

Price Range

$5,900–$30,313

Avg Days on Lot

60

Based on 175 comparable 2014-2018 Chevrolet Suburban listings in MI, the average asking price is $17,494. This listing at $12,700 is $4,794 below average (27% below market). Comparable prices in MI range from $5,900 to $30,313. Similar vehicles spend an average of 60 days on dealer lots in this market.

Similar Chevrolet Suburban Listings in MI

8 comparable vehicles within ±2 model years and ±30,000 miles (subject trim: LT — compare trims below)