2016 Chevrolet Silverado 1500 LT
Vehicle Details
LT
Matthews, NC 28104
Is this 2016 Chevrolet Silverado 1500 LT a good deal?
OAV verdict: Fair Price
Why: Listed at $23,500, comparable market range $14,500–$27,134, based on 57 comparable listings. Days on lot: 1,339 days (market average 81 days).
Market price position
$23,500 · within market range
- Comparable range
- $14,500 – $27,134
- vs. market
- $9,000 above low · $3,634 below high
- Comparable vehicles
- 57
Market Retail Price (MRP™)
$20,817This vehicle $23,500 · $2,683 (13%) 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™)
$25,087This vehicle $23,500 · $1,587 (6%) below TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-05) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally have sold faster than the market baseline, but this listing has been available longer than the cohort’s typical sell-time (about 9–39 days).
What does Demand-Verified mean?
- This listing has been available about 34.3x longer than comparable vehicles typically take to sell (cohort sells in 9–39 days; this one is at 1339). Confirm its history, condition, availability, and out-the-door price before proceeding.
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.
Next Level Auto Sales
Matthews, NC
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Next Level Auto Sales for current availability of this 2016 Chevrolet Silverado 1500 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 Silverado 1500
Listing updated: Aug 5, 2026Listed by an independent dealer in Matthews, NC · On lot for 1339 days · VIN verifiable at NHTSA
This used 2016 Chevrolet Silverado 1500 LT is listed at $23,500 by next level auto sales in Matthews, NC 28104. It has 40,000 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Black. It features a RWD drivetrain with a 4.3L V6 engine and Automatic transmission.
OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 57 comparable listings matched to this vehicle, the estimated market range is $14,500 to $27,134. 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 1339 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 Matthews, NC 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 an independent dealer in Matthews, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3GCPCREC1GG385328 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 NC
NC Market Listings
488
Average Price
$20,687
Price Range
$7,995–$55,500
Avg Days on Lot
81
Based on all 488 2014-2018 Chevrolet Silverado 1500 listings in the NC market, the average asking price is $20,687. This listing at $23,500 is $2,813 above the broader NC average (14% above the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $7,995 to $55,500. Similar vehicles spend an average of 81 days on dealer lots in this market.
Similar Chevrolet Silverado 1500 Listings in NC
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LT — compare trims below)
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