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

VIN1GTV2MEC0GZ296654
TrimSLE
Drivetrain4WD
Engine4.3L V6
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot13

2016 GMC Sierra 1500

SLE

Overpriced
$23,953118,431 mi

Traverse City, MI 49685

Is this 2016 GMC Sierra 1500 SLE a good deal?

OAV verdict: Overpriced

Why: Listed at $23,953, comparable market range $13,911–$23,368, based on 15 comparable listings. Days on lot: 13 days (market average 59 days).

Market price position

13,911
23,368
23,953

$23,953 · $585 above market high

$13,911comparable$23,368
Regional range
$13,911 – $23,368
vs. market high
+ $585 (3% above)
Comparable vehicles
15
Demand-Verified· Backed by recent sales data
Faster-than-average sell-through

Similar vehicles recently sold in an estimated 1047 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.

Local Range$23,368 – $23,368
Regional Range$13,911 – $23,368

Dealer Info

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Traverse City, MI

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About This 2016 GMC Sierra 1500

Listing updated: May 27, 2026

Listed by an independent dealer in Traverse City, MI · On lot for 13 days · VIN verifiable at NHTSA

This used 2016 GMC Sierra 1500 SLE is listed at $23,953 by an independent dealer in Traverse City, MI 49685. It has 118,431 miles on the odometer. 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 Overpriced — priced above market value. Based on 15 similar vehicles in the Traverse City market, the estimated market range is $13,911 to $23,368. The local market range in MI is $23,368 to $23,368.

This vehicle has been on the lot for 13 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 Traverse City, MI 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 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:

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 Traverse City, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GTV2MEC0GZ296654 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.

2016 GMC Sierra 1500 Market in MI

Comparable Vehicles

683

Average Price

$19,541

Price Range

$4,995–$40,950

Avg Days on Lot

59

Based on 683 comparable 2014-2018 GMC Sierra 1500 listings in MI, the average asking price is $19,541. This listing at $23,953 is $4,412 above average (23% above market). Comparable prices in MI range from $4,995 to $40,950. Similar vehicles spend an average of 59 days on dealer lots in this market.

Similar GMC Sierra 1500 Listings in MI

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