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

2016 Chevrolet Silverado 1500 LT

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Vehicle Details

VIN3GCPCREC0GG113479
TrimLT
Exterior ColorGray
DrivetrainRWD
Engine5.3L V8
TransmissionAutomatic
Fuel TypeE85
Inventory Typeused
Days on Lot8

LT

Fair Price
$24,88170,781 mi

Salt Lake City, UT 84111

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Fair Price

Why: Listed at $24,881, comparable market range $15,277–$30,995, based on 15 comparable listings. Days on lot: 8 days (market average 88 days).

Market price position

$24,881 · within market range

Comparable range
$15,277 – $30,995
vs. market
$9,604 above low · $6,114 below high
Comparable vehicles
15

Market Retail Price (MRP™)

$23,136

This vehicle $24,881 · $1,745 (8%) above 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™)

$22,802

This vehicle $24,881 · $2,079 (9%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-08) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Faster recent sell-through, still within the typical window
Faster recent sell-through

Comparable vehicles nationally recently sold in an estimated 940 days, and this listing is still within that typical selling window.

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 are rebuilt from the market snapshot shown above.

Local Range$19,995 – $19,995
Regional Range$15,277 – $30,995

Ken Garff Automotive Group

Salt Lake City, UT

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

About This 2016 Chevrolet Silverado 1500

Listing updated: Aug 8, 2026

Listed by a franchise dealer in Salt Lake City, UT · On lot for 8 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $24,881 by ken garff automotive group in Salt Lake City, UT 84111. It has 70,781 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Gray. It features a RWD 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 15 comparable listings matched to this vehicle, the estimated market range is $15,277 to $30,995. These comparisons match year, make, and model and may currently span trims and configurations (trim-level matching is rolling out).

This vehicle has been on the lot for 8 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 Salt Lake City, UT 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 (currently across available trims and configurations; trim-level matching is rolling out), 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 Salt Lake City, UT, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3GCPCREC0GG113479 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 Silverado 1500 Market in UT

UT Market Listings

142

Average Price

$21,404

Price Range

$8,990–$49,995

Avg Days on Lot

88

Based on all 142 2014-2018 Chevrolet Silverado 1500 listings in the UT market, the average asking price is $21,404. This listing at $24,881 is $3,477 above the broader UT average (16% above the UT average). This is a wider, all-trim comparison across UT; OAV's price verdict above uses the closer comparable set. Comparable prices in UT range from $8,990 to $49,995. Similar vehicles spend an average of 88 days on dealer lots in this market.

Similar Chevrolet Silverado 1500 Listings in UT

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LT — compare trims below)