2016 Chevrolet Silverado value
In Good condition, a 2016 Chevrolet Silverado is likely worth $4,825–$15,900 as a trade-in, $9,775–$21,200 in a private sale and $11,150–$23,300 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $22,700 (median of 21 cited listings on Edmunds, Oct 23, 2026).
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Last updated · every figure links to its source · data: CSV · JSON
What you'd likely get
| If you… | Range |
|---|---|
| Trade-in at a dealer What a dealer typically credits you toward another car. | $4,825–$15,900 |
| Private-party sale Selling yourself to another person. | $9,775–$21,200 |
| Dealer retail (fair purchase) What buyers typically pay a dealer. | $11,150–$23,300 |
Source: Kelley Blue Book, Good condition, fetched Oct 23, 2026, valid through 10/23/2026. Ranges span the styles KBB lists for this year. Edmunds per-model ranges: not available (not collected).
Typical dealer asking price: $22,700 (21 listings, Oct 23, 2026, Edmunds). Asking prices are what dealers list, not what they pay you. See the listings
Typical dealer asking price
$22,700
Median of 21 dealer listings. Typical range $19,682–$25,994 (middle 50%) from 21 cited comparable listings observed Oct 23, 2026–Oct 23, 2026.
See all 21 cited comparables
| Price | Trim | Miles | Location | Source |
|---|---|---|---|---|
| $14,299 | Z71 LT Crew Cab | 143,024 | Provo, UT | Edmunds (Oct 23, 2026) |
| $15,109 | LTZ Crew Cab | 164,930 | Fresno, CA | Edmunds (Oct 23, 2026) |
| $16,499 | Z71 LT Crew Cab | 170,260 | Salt Lake City, UT | Edmunds (Oct 23, 2026) |
| $17,451 | LTZ Double Cab | 131,180 | Madison, WI | Edmunds (Oct 23, 2026) |
| $18,373 | Z71 LT Crew Cab | 139,925 | Provo, UT | Edmunds (Oct 23, 2026) |
| $20,990 | LT Crew Cab | 102,568 | Cincinnati, OH | Edmunds (Oct 23, 2026) |
| $21,590 | LT Crew Cab | 125,353 | Dallas, TX | Edmunds (Oct 23, 2026) |
| $21,900 | LT Crew Cab | 83,413 | Nephi, UT | Edmunds (Oct 23, 2026) |
| $22,587 | LT Crew Cab | 88,837 | Sandy, UT | Edmunds (Oct 23, 2026) |
| $22,590 | LT Double Cab | 96,735 | Raleigh, NC | Edmunds (Oct 23, 2026) |
| $22,700 | Z71 LT Double Cab | 70,880 | Midvale, UT | Edmunds (Oct 23, 2026) |
| $22,990 | LT Crew Cab | 78,892 | Oklahoma City, OK | Edmunds (Oct 23, 2026) |
| $22,998 | LT Double Cab | 105,567 | Jacksonville, NC | Edmunds (Oct 23, 2026) |
| $24,998 | LT Crew Cab | 88,540 | Gainesville, FL | Edmunds (Oct 23, 2026) |
| $25,590 | LT Crew Cab | 80,004 | Dallas, TX | Edmunds (Oct 23, 2026) |
| $25,990 | LT Crew Cab | 63,899 | Sacramento, CA | Edmunds (Oct 23, 2026) |
| $25,998 | Work Truck Crew Cab | 23,383 | Houston, TX | Edmunds (Oct 23, 2026) |
| $26,998 | LT Crew Cab | 66,560 | El Paso, TX | Edmunds (Oct 23, 2026) |
| $27,590 | LS Regular Cab | 14,818 | Dallas, TX | Edmunds (Oct 23, 2026) |
| $27,998 | LT Crew Cab | 71,552 | Loveland, CO | Edmunds (Oct 23, 2026) |
| $28,990 | LTZ Crew Cab | 65,847 | Chicago, IL | Edmunds (Oct 23, 2026) |
Method: Median of asking/sold prices of cited comparable 2016 Chevrolet Silverado listings observed in the last 120 days. Minimum 5 comps required. How this works
Safety recalls (0)
NHTSA's recall database returned no recalls for the 2016 Chevrolet Silverado model names we queried.
Recalls apply to specific VINs. Check a VIN-specific recall at NHTSA.
Source: NHTSA Recalls API (SILVERADO 1500) · fetched Oct 23, 2026 · HTTP 403 (no records)
Source: NHTSA Recalls API (SILVERADO 2500) · fetched Oct 23, 2026 · HTTP 403 (no records)
Source: NHTSA Recalls API (SILVERADO 3500) · fetched Oct 23, 2026 · HTTP 403 (no records)
Source: NHTSA Recalls API (SILVERADO HD) · fetched Oct 23, 2026 · HTTP 403 (no records)
Fuel economy (18–20 MPG combined)
| Version | City/Hwy/Comb | Engine |
|---|---|---|
| Silverado 15 Hybrid 2WD Automatic 8-spd | 18/24/20 | 5.3L 8cyl · Regular · Rear-Wheel Drive |
| Silverado 15 Hybrid 4WD Automatic 8-spd | 16/21/18 | 5.3L 8cyl · Regular · 4-Wheel Drive |
| Silverado C15 2WD Automatic 6-spd | 16/23/19 | 5.3L 8cyl · Gasoline or E85 · Rear-Wheel Drive |
| Silverado C15 2WD Automatic 6-spd | 18/23/20 | 4.3L 6cyl · Gasoline or E85 · Rear-Wheel Drive |
| Silverado C15 2WD Automatic 6-spd | 16/23/19 | 5.3L 8cyl · Regular · Rear-Wheel Drive |
| Silverado C15 2WD Automatic 8-spd | 16/22/18 | 5.3L 8cyl · Regular · Rear-Wheel Drive |
Source: EPA fueleconomy.gov · fetched Oct 23, 2026
NHTSA model names
NHTSA vPIC lists these Chevrolet model names for 2016: Silverado.
Source: NHTSA vPIC · fetched Oct 23, 2026
Kelley Blue Book values
For a 2016 Chevrolet Silverado in Good condition, KBB showed: fair purchase price $11,150–$23,300; private party $9,775–$21,200; trade-in $4,825–$15,900.
KBB values by style (24)
| Style | Fair purchase | Private party | Trade-in |
|---|---|---|---|
| Work Truck Pickup 2D 8 ft | $11,150 | $9,775 | $4,825 |
| Work Truck Pickup 2D 6 1/2 ft | $11,400 | $10,100 | $6,875 |
| LS Pickup 2D 6 1/2 ft | $11,700 | $10,600 | $9,450 |
| LS Pickup 2D 8 ft | $11,850 | $10,750 | $8,100 |
| LT Pickup 2D 8 ft | $13,850 | $12,550 | $9,625 |
| LT Pickup 2D 6 1/2 ft | $15,200 | $13,800 | $10,500 |
| Z71 LT Pickup 2D 8 ft | $16,050 | $14,600 | $11,150 |
| Z71 LT Pickup 2D 6 1/2 ft | $18,600 | $16,950 | $11,900 |
| Work Truck Pickup 4D 6 1/2 ft | $12,400 | $11,200 | $6,625 |
| LS Pickup 4D 6 1/2 ft | $13,350 | $11,850 | $8,375 |
| Custom Pickup 4D 6 1/2 ft | $15,450 | $13,800 | $9,125 |
| LT Pickup 4D 6 1/2 ft | $16,650 | $15,150 | $9,175 |
| Z71 LT Pickup 4D 6 1/2 ft | $16,450 | $14,700 | $9,150 |
| Z71 LTZ Pickup 4D 6 1/2 ft | $17,600 | $16,050 | $11,200 |
| LTZ Pickup 4D 6 1/2 ft | $17,550 | $15,700 | $10,400 |
| Work Truck Pickup 4D 5 3/4 ft | $13,850 | $12,550 | $8,200 |
| LS Pickup 4D 5 3/4 ft | $15,850 | $14,450 | $9,250 |
| Custom Pickup 4D 5 3/4 ft | $16,500 | $15,050 | $10,700 |
| LT Pickup 4D 5 3/4 ft | $18,850 | $17,150 | $12,250 |
| Z71 LT Pickup 4D 5 3/4 ft | $19,650 | $17,900 | $12,650 |
| LTZ Pickup 4D 5 3/4 ft | $20,200 | $18,350 | $14,600 |
| Z71 LTZ Pickup 4D 5 3/4 ft | $20,300 | $18,500 | $14,700 |
| High Country Pickup 4D 6 1/2 ft | $21,000 | $19,100 | $15,050 |
| High Country Pickup 4D 5 3/4 ft | $23,300 | $21,200 | $15,900 |
Source: Kelley Blue Book, fetched Oct 23, 2026 · KBB values valid through 10/23/2026 · page hash 151d62cfcf17. KBB figures are KBB's estimates, shown separately from our listing-based value.
2016 Chevrolet Silverado specs
| Fuel economy (city / hwy / combined) | 16–18 / 21–24 / 18–20 MPG (EPA) |
|---|---|
| Engine | 5.3L 8-cyl, 4.3L 6-cyl (EPA) |
| Horsepower | 285 - 355 hp (KBB) |
| Transmission | Automatic 8-spd, Automatic 6-spd (EPA) |
| Drivetrain | Rear-Wheel Drive, 4-Wheel Drive (EPA) |
| Fuel type | Regular, Gasoline or E85 (EPA) |
| EPA size class | Standard Pickup Trucks 2WD, Standard Pickup Trucks 4WD (EPA) |
| Body styles | Pickup 2D 8 ft, Pickup 2D 6 1/2 ft, Pickup 4D 6 1/2 ft, Pickup 4D 5 3/4 ft (KBB) |
| Bed length | 5.75–8 ft (KBB specs, Oct 23, 2026) |
| Truck bed volume | 61–76 cu ft (KBB specs, Oct 23, 2026) |
| Trims / styles | Work Truck Pickup 2D 8 ft, Work Truck Pickup 2D 6 1/2 ft, LS Pickup 2D 6 1/2 ft, LS Pickup 2D 8 ft, LT Pickup 2D 8 ft, LT Pickup 2D 6 1/2 ft, Z71 LT Pickup 2D 8 ft, Z71 LT Pickup 2D 6 1/2 ft, Work Truck Pickup 4D 6 1/2 ft, LS Pickup 4D 6 1/2 ft, Custom Pickup 4D 6 1/2 ft, LT Pickup 4D 6 1/2 ft, Z71 LT Pickup 4D 6 1/2 ft, Z71 LTZ Pickup 4D 6 1/2 ft, LTZ Pickup 4D 6 1/2 ft, Work Truck Pickup 4D 5 3/4 ft, LS Pickup 4D 5 3/4 ft, Custom Pickup 4D 5 3/4 ft, LT Pickup 4D 5 3/4 ft, Z71 LT Pickup 4D 5 3/4 ft, LTZ Pickup 4D 5 3/4 ft, Z71 LTZ Pickup 4D 5 3/4 ft, High Country Pickup 4D 6 1/2 ft, High Country Pickup 4D 5 3/4 ft (KBB) |
Specs from EPA fueleconomy.gov (fetched Oct 23, 2026) and Kelley Blue Book (fetched Oct 23, 2026); fields marked with another source cite that page and fetch date. Ranges span all versions listed.
Market context
Latest: 182.2 (Sep 2026), -1.5% vs. a year earlier. Peak in the last 10 years: 216.9 (Feb 2022).
Sep 2016 – Sep 2026. National index (1982–84=100); it shows market direction, not the value of a specific car.
Source: FRED CUSR0000SETA02 (BLS) · fetched Oct 23, 2026
Questions
What is a 2016 Chevrolet Silverado worth?
In Good condition, a 2016 Chevrolet Silverado is likely worth $4,825–$15,900 as a trade-in, $9,775–$21,200 in a private sale and $11,150–$23,300 at dealer retail, per Kelley Blue Book (fetched Oct 23, 2026); dealers were typically asking $22,700 (median of 21 cited listings on Edmunds, Oct 23, 2026).
What is the trade-in value of a 2016 Chevrolet Silverado?
Kelley Blue Book lists a trade-in range of $4,825–$15,900 for a 2016 Chevrolet Silverado in Good condition (fetched Oct 23, 2026). Private-party: $9,775–$21,200. Dealer retail: $11,150–$23,300.
What do dealers ask for a used 2016 Chevrolet Silverado?
Dealers typically ask about $22,700 for a 2016 Chevrolet Silverado (median asking price; middle 50% $19,682–$25,994), based on 21 cited listings from Edmunds observed Oct 23, 2026.
What is the price range for a used 2016 Chevrolet Silverado?
Asking prices in our 21 cited listings ran from $14,299 to $28,990; the middle half sat between $19,682 and $25,994.
How many miles do used 2016 Chevrolet Silverado listings have?
The 21 listings with a mileage shown had 14,818–170,260 miles (median 88,540).
Where does this 2016 Chevrolet Silverado value come from?
From 21 public listings on Edmunds, each linked below with its fetch date and a content hash of the page we read. Download them as CSV or JSON.
Does the 2016 Chevrolet Silverado have recalls?
NHTSA returned no recalls for the 2016 Chevrolet Silverado model names we queried (checked Oct 23, 2026).
What MPG does the 2016 Chevrolet Silverado get?
EPA combined fuel economy for 2016 Chevrolet Silverado versions ranges from 18 to 20 MPG, per fueleconomy.gov.
See also: Trade-in value guide · Depreciation calculator · Compare instant cash offers