2016 Chevrolet Silverado 1500 LT
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Federal records · buyer verification
2016 Chevrolet Silverado 1500
A component is listed below if NHTSA records a vehicle recall campaign, a manufacturer warranty extension or service campaign, or at least 10 distinct consumer complaints.
Recall campaigns
NHTSA lists these campaigns as covering certain 2016 Chevrolet Silverado 1500 vehicles. One campaign can list several components, so these do not sum to the 11 vehicle campaigns on record.
- SuspensionDo not drive1 campaign30 distinct complaints
- Service Brakes4 campaigns266 distinct complaints
184 carried a usable odometer reading; the middle 50% of those readings fell between 37,965 and 68,000 miles.
- Air Bags4 campaigns17 distinct complaints
- Seat Belts2 campaigns11 distinct complaints
Manufacturer campaigns
The manufacturer filed these with NHTSA as warranty extensions or service campaigns.
- Electrical SystemService campaignmost recently Aug 26, 2024
A warranty extension does not establish that this vehicle is covered, or that coverage is unexpired. Coverage depends on the program, the VIN, and its date of first sale — confirm with a franchised dealer.
Federal law requires the manufacturer to remedy a safety recall at no cost to the owner — by repair, replacement or refund — for vehicles not more than 15 years old on the date the defect was determined.
Parts are sometimes on back-order and some remedies are interim, so a dealer may not be able to complete the work immediately. A specific vehicle’s current recall status is available through NHTSA’s VIN recall lookup.
Chevrolet filed 1,069 other service communications for this model year, nearly all routine repair instructions. OAV lists only warranty extensions and service campaigns; routine bulletins are not listed.
These records describe the 2016 model-year, not any individual vehicle, and are not an inspection. One complaint can be recorded against more than one component, so counts do not sum to the model-year total. Service records for any component listed here are worth requesting from the seller. Showing 5 of 15 components with records above OAV’s publication floor — see all 15 for this model-year.
Complaints are unverified consumer reports submitted to NHTSA. Mileage is self-reported and frequently rounded. Complaint records as of 2026-09-18. Recall records as of 2026-09-18. Manufacturer communications as of 2026-09-18.
LT
Powell, TN 37849
Is this 2016 Chevrolet Silverado 1500 LT a good deal?
OAV verdict: Fair Price
Why: Listed at $21,990, comparable market range $12,399–$23,262, based on 14 comparable listings. Listed 13 days · fresher than most comparable local listings (typical ~15–90 days).
Market price position
$21,990 · within market range
- Comparable range
- $12,399 – $23,262
- vs. market
- $9,591 above low · $1,272 below high
- Comparable vehicles
- 14
Market Retail Price (MRP™)
$17,831This vehicle $21,990 · $4,159 (23%) 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™)
$17,411This vehicle $21,990 · $4,579 (26%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-09-18) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 9–40 days.
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.
Hopper Auto Sales
Powell, TN
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Request availability and out-the-door price
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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: Sep 18, 2026Listed by an independent dealer in Powell, TN · On lot for 13 days · VIN verifiable at NHTSA
This used 2016 Chevrolet Silverado 1500 LT is listed at $21,990 by hopper auto sales in Powell, TN 37849. It has 143,718 miles on the odometer (dealer-reported, not independently verified by OAV). It features a 4WD drivetrain with a 5.3L V8 engine and Automatic transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Fair Price — priced in line with the supported comparable range. Based on 14 comparable listings matched to this vehicle, the estimated market range is $12,399 to $23,262. These comparisons match year, make, and model, using trim where the data supports it. OAV does not adjust comparable prices for mileage — every price shown is the real advertised price. On used vehicles, mileage can still cause OAV to withhold a verdict — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than call it a deal it can't support.
This vehicle has been on the lot for 13 days.
Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477). Verdict methodology ptm-verdict-v1 · snapshot Sep 18, 2026. The patented comparable band is the input; ptm-verdict-v1 is the versioned OAV rule set that turns it into this verdict.
Market context
This listing is part of OAV's broader Powell, TN trucks market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.
How this deal is rated
OAV compares this 2016 Chevrolet Silverado 1500 against similar vehicles currently available for sale — same make, model, and year range, using trim where the data supports it. OAV does not adjust comparable prices for mileage; on used vehicles it withholds a verdict when mileage would distort the comparison — very high or unreliable mileage, or a lower price better explained by higher-than-typical mileage than by a genuine market discount — rather than overstate a deal. Based on where this listing falls in that comparable set, it is rated:
- Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
- 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.
How this listing is verified
This vehicle listing was aggregated from an independent dealer in Powell, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 3GCUKREC8GG268481 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.
2016 Chevrolet Silverado 1500 Market in TN
TN Market Listings
355
Average Price
$20,058
Price Range
$13,102–$27,943
Avg Days on Lot
103
Based on all 355 2014-2018 Chevrolet Silverado 1500 listings in the TN market, the average asking price is $20,058. This listing at $21,990 is $1,932 above the broader TN average (10% above the TN average). This is a wider, all-trim comparison across TN; OAV's price verdict above uses the closer comparable set. Comparable prices in TN range from $13,102 to $27,943. Similar vehicles spend an average of 103 days on dealer lots in this market.
Similar Chevrolet Silverado 1500 Listings in TN
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LT — compare trims below)
This is a broad, statewide same-model set (any trim, mileage, or title) — not the qualified comparable cohort behind the verdict above; lower prices here typically reflect a different trim, higher mileage, or a branded title.
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