Is the $48,050 price on this 2026 Chevrolet Silverado 1500 a good deal?

OAV rates this as a Great Deal because the asking price of $48,050 is below the typical market range for this vehicle.

How long does a 2026 Chevrolet Silverado 1500 typically stay on dealer lots?

Comparable Chevrolet Silverado 1500 listings in MI spend an average of 51 days on dealer lots.

Where is this 2026 Chevrolet Silverado 1500 located?

This vehicle is listed in Houghton, MI 49931. VIN: 3GCPKKEK0TG161981. Mileage: 3,194 miles.

What is the fair market price range for this 2026 Chevrolet Silverado 1500?

OAV's Price-to-Market analysis estimates the fair market range is $48,456 to $49,572, based on 17 comparable listings matched to this vehicle.

2026 Chevrolet Silverado 1500 LT for Sale in Houghton, MI

Dealer imagery unavailable to OAVRequest current photos and confirm the vehicle's condition with the dealer.

Vehicle Details

VIN3GCPKKEK0TG161981

TrimLT

Exterior ColorBlack

Drivetrain4WD

Engine2.7L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typenew

MSRP$53,695

Days on Lot311

Great Deal

$48,0503,194 mi

Dealer-reported mileage — not independently verified by OAV.

Houghton, MI 49931

Is this 2026 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Great Deal

Why: Listed at $48,050, comparable market range $48,456–$49,572, based on 17 comparable listings. Days on lot: 311 days (market average 51 days).

Manufacturer MSRPReference

$53,695

This vehicle $48,050 · $5,645 (11%) below MSRP

MSRP is the manufacturer's suggested retail price, shown for reference only. OAV rates new-car deals by how far below the LOCAL COMPARABLE MARKET a vehicle is priced (see OAV's market comparables / MRP and sold-price value / TRV) — not by discount from MSRP, because dealer-supplied MSRP is not independently verified. The advertised price is set by the dealer and may require financing, rebates, trade-in, or other qualifications, and excludes taxes, fees, and dealer add-ons — confirm the out-the-door price with the dealer. How OAV rates new-car deals.

Market price position

$48,050 · $406 below market low

Comparable range: $48,456 – $49,572
vs. market low: — $406 (1% below)
Comparable vehicles: 17

Market Retail Price (MRP™)

$49,014

This vehicle $48,050 · $964 (2%) below 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™)

$51,835

This vehicle $48,050 · $3,785 (7%) below 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.

Comparable vehicles nationally recently sold in an estimated 15–70 days.

Verify before inquiring

This listing has been available about 4.4x longer than comparable vehicles typically take to sell (cohort sells in 15–70 days; this one is at 311). 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.

Local Range$48,456 – $49,572

Regional Range$48,456 – $49,572

Keweenaw Chevrolet Gmc

Houghton, MI

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

View all vehicles from keweenaw chevrolet gmc →

Request availability and out-the-door price

OAV will route your inquiry to Keweenaw Chevrolet Gmc for current availability of this 2026 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 2026 Chevrolet Silverado 1500

Listing updated: Aug 8, 2026

Listed by a franchise dealer in Houghton, MI · On lot for 311 days · VIN verifiable at NHTSA

This new 2026 Chevrolet Silverado 1500 LT is listed at $48,050 by keweenaw chevrolet gmc in Houghton, MI 49931. It has 3,194 miles on the odometer (dealer-reported, not independently verified by OAV). 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 a Great Deal — priced below market value. Based on 17 comparable listings matched to this vehicle, the estimated market range is $48,456 to $49,572. The local market range in MI is $48,456 to $49,572. 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 311 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 Houghton, 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 2026 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 Houghton, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3GCPKKEK0TG161981 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.

2026 Chevrolet Silverado 1500 Market in MI

MI Market Listings

6,774

Average Price

$52,599

Price Range

$26,500–$88,094

Avg Days on Lot

Based on all 6,774 2024-2028 Chevrolet Silverado 1500 listings in the MI market, the average asking price is $52,599. This listing at $48,050 is $4,549 below the broader MI average (9% below the MI average). This is a wider, all-trim comparison across MI; OAV's price verdict above uses the closer comparable set. Comparable prices in MI range from $26,500 to $88,094. Similar vehicles spend an average of 51 days on dealer lots in this market.