Is the $40,540 price on this 2023 GMC Sierra 1500 a good deal?

OAV rates this as Fair Price because the asking price of $40,540 is within the typical market range for this vehicle.

What is the average price for a 2023 GMC Sierra 1500 in OH?

Based on 2,425 comparable listings in OH, the average asking price for a 2021-2025 GMC Sierra 1500 is $44,198, with prices ranging from $16,500 to $85,750.

How long does a 2023 GMC Sierra 1500 typically stay on dealer lots?

Comparable GMC Sierra 1500 listings in OH spend an average of 56 days on dealer lots.

Where is this 2023 GMC Sierra 1500 located?

This vehicle is listed in Lancaster, OH 43130. VIN: 1GTPUJEK8PZ162371. Mileage: 45,141 miles.

What is the fair market price range for this 2023 GMC Sierra 1500?

OAV's Price-to-Market analysis estimates the fair market range is $33,715 to $47,087, based on 48 comparable vehicles.

Vehicle Details

VIN1GTPUJEK8PZ162371

TrimElevation

Exterior ColorBlack

Drivetrain4WD

Engine2.7L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

Days on Lot22

2023 GMC Sierra 1500

Elevation

Fair Price

$40,54045,141 mi

Lancaster, OH 43130

Is this 2023 GMC Sierra 1500 Elevation a good deal?

OAV verdict: Fair Price

Why: Listed at $40,540, comparable market range $33,715–$47,087, based on 48 comparable listings. Days on lot: 22 days (market average 56 days).

Market price position

Lowest comparable ($)

33,715

Highest comparable ($)

47,087

This vehicle's price ($)

40,540

$40,540 · within market range

$33,715comparable$47,087

Regional range: $33,715 – $47,087
vs. market: $6,825 above low · $6,547 below high
Comparable vehicles: 48

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 17–70 days.

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$33,715 – $47,087

Dealer Info

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Lancaster, OH

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About This 2023 GMC Sierra 1500

Listing updated: May 21, 2026

Listed by a franchise dealer in Lancaster, OH · On lot for 22 days · VIN verifiable at NHTSA

This used 2023 GMC Sierra 1500 Elevation is listed at $40,540 by a franchise dealer in Lancaster, OH 43130. It has 45,141 miles on the odometer. The exterior color is Black. It features a 4WD drivetrain with a 2.7L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 48 similar vehicles in the Lancaster market, the estimated market range is $33,715 to $47,087.

This vehicle has been on the lot for 22 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 Lancaster, OH 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 2023 GMC Sierra 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 Lancaster, OH, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GTPUJEK8PZ162371 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.

2023 GMC Sierra 1500 Market in OH

Comparable Vehicles

2,425

Average Price

$44,198

Price Range

$16,500–$85,750

Avg Days on Lot

Based on 2,425 comparable 2021-2025 GMC Sierra 1500 listings in OH, the average asking price is $44,198. This listing at $40,540 is $3,658 below average (8% below market). Comparable prices in OH range from $16,500 to $85,750. Similar vehicles spend an average of 56 days on dealer lots in this market.