Vehicle Details
2016 Chevrolet Silverado 1500
LT
Detroit, MI 48228
Market price position
$14,750 · within market range
- Regional range
- $12,499 – $17,497
- vs. market
- $2,251 above low · $2,747 below high
- Comparable vehicles
- 4
Market Breakdown
Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.
Dealer Info
Detroit, MI
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About This 2016 Chevrolet Silverado 1500
Listing updated: Apr 24, 2026Listed by a independent dealer in Detroit, MI · On lot for 14 days · VIN verifiable at NHTSA
This used 2016 Chevrolet Silverado 1500 LT is listed at $14,750 by a independent dealer in Detroit, MI 48228. It has 146,841 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 4 similar vehicles in the Detroit market, the estimated market range is $12,499 to $17,497. The local market range in MI is $12,499 to $17,497.
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).
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, 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.
This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.
How this listing is verified
This vehicle listing was aggregated from a independent dealer in Detroit, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 3GCUKREC3GG369492 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 Chevrolet Silverado 1500 Market in MI
Comparable Vehicles
1,442
Average Price
$18,777
Price Range
$4,995–$44,900
Avg Days on Lot
55
Based on 1,442 comparable 2014-2018 Chevrolet Silverado 1500 listings in MI, the average asking price is $18,777. This listing at $14,750 is $4,027 below average (21% below market). Comparable prices in MI range from $4,995 to $44,900. Similar vehicles spend an average of 55 days on dealer lots in this market.
Similar Chevrolet Silverado 1500 Listings in MI
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2014 Chevrolet Silverado 1500
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2014 Chevrolet Silverado 1500
Novi, MI
2014 Chevrolet Silverado 1500
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