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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

VIN3GCUKREC5GG107179
TrimLT
Exterior ColorBlack
Drivetrain4WD
Engine5.3L V8
TransmissionAutomatic
Fuel TypeUnleaded
Inventory Typeused
Days on Lot151

LT

Overpriced
$28,15968,835 mi

Sanford, NC 27332

Is this 2016 Chevrolet Silverado 1500 LT a good deal?

OAV verdict: Overpriced

Why: Listed at $28,159, comparable market range $12,950–$27,294, based on 24 comparable listings. Days on lot: 151 days (market average 80 days).

Market price position

$28,159 · $865 above market high

Comparable range
$12,950 – $27,294
vs. market high
+ $865 (3% above)
Comparable vehicles
24

Market Retail Price (MRP™)

$20,122

This vehicle $28,159 · $8,037 (40%) 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™)

$22,946

This vehicle $28,159 · $5,213 (23%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-09) — an estimate, not an appraisal. How TRV works.

Fast-selling model · older listing

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 941 days).

What does Demand-Verified mean?

Verify before inquiring
  • This listing has been available about 3.7x longer than comparable vehicles typically take to sell (cohort sells in 9–41 days; this one is at 151). 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.

Regional Range$12,950 – $27,294

Jt Auto Group

Sanford, NC

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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 9, 2026

Listed by an independent dealer in Sanford, NC · On lot for 151 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Silverado 1500 LT is listed at $28,159 by jt auto group in Sanford, NC 27332. It has 68,835 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Black. 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 Overpriced — priced above market value. Based on 24 comparable listings matched to this vehicle, the estimated market range is $12,950 to $27,294. 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 151 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 Sanford, 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 Sanford, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3GCUKREC5GG107179 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

493

Average Price

$20,512

Price Range

$7,500–$55,500

Avg Days on Lot

80

Based on all 493 2014-2018 Chevrolet Silverado 1500 listings in the NC market, the average asking price is $20,512. This listing at $28,159 is $7,647 above the broader NC average (37% 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 $7,500 to $55,500. Similar vehicles spend an average of 80 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)