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

Vehicle Details

VIN1GTV2MEC8GZ358379
TrimSLE
Exterior ColorRed
Drivetrain4WD
Engine5.3L V8
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot14

2016 GMC Sierra 1500

SLE

Fair Price
$18,998124,432 mi

Minneapolis, MN 55443

Is this 2016 GMC Sierra 1500 SLE a good deal?

OAV verdict: Fair Price

Why: Listed at $18,998, comparable market range $15,995–$28,348, based on 28 comparable listings. Days on lot: 14 days (market average 49 days).

Market price position

15,995
28,348
18,998

$18,998 · within market range

$15,995comparable$28,348
Regional range
$15,995 – $28,348
vs. market
$3,003 above low · $9,350 below high
Comparable vehicles
28
Demand-Verified· Backed by recent sales data
Faster-than-average sell-through

Similar vehicles recently sold in an estimated 848 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$15,995 – $28,348

Luther Used Car Company

Minneapolis, MN

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

View all vehicles from luther used car company

Request availability and out-the-door price

OAV will route your inquiry to Luther Used Car Company for current availability of this 2016 GMC Sierra 1500 SLE 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 GMC Sierra 1500

Listing updated: Jun 26, 2026

Listed by an independent dealer in Minneapolis, MN · On lot for 14 days · VIN verifiable at NHTSA

This used 2016 GMC Sierra 1500 SLE is listed at $18,998 by luther used car company in Minneapolis, MN 55443. It has 124,432 miles on the odometer. The exterior color is Red. 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 Fair Price — priced at market value. Based on 28 similar vehicles in the Minneapolis market, the estimated market range is $15,995 to $28,348.

This vehicle has been on the lot for 14 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 Minneapolis, 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 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 Minneapolis, MN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1GTV2MEC8GZ358379 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 MN

Comparable Vehicles

279

Average Price

$20,492

Price Range

$8,995–$37,840

Avg Days on Lot

49

Based on 279 comparable 2014-2018 GMC Sierra 1500 listings in MN, the average asking price is $20,492. This listing at $18,998 is $1,494 below average (7% below market). Comparable prices in MN range from $8,995 to $37,840. Similar vehicles spend an average of 49 days on dealer lots in this market.

Similar GMC Sierra 1500 Listings in MN

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