Market price · Used 2016 Chevrolet Silverado 3,140 listings tracked

Used 2016 Chevrolet Silverado Price in the US

A used 2016 Chevrolet Silverado in the US typically lists for $16,140–$25,900, with a median asking price of $19,995 across 3,140 active US dealer listings (as of 2026-10-19). The cheapest one listed right now is $5,854, a 2016 Custom in Howell, MI — below 95% of the market, so expect high mileage, a base trim or a branded title — check the vehicle history.

Used 2016 Chevrolet Silverado · asking prices3,140 listings

median $20k ◀ cheapest $5,854

$10k$40k

Typical range: $16,140 – $25,900
Median: $19,995
Cheapest 5%: under $11,562
Cheapest listed now: $5,854

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typical price per year

More years (18)

Cheapest 10 listed right now

ranked by price

$5,854

2016 Chevrolet Silverado Custom

292,202 mi · Howell, MI · Champion Chevrolet of Howell
View listing →
$5,950

2016 Chevrolet Silverado Work LS Fleet

176,578 mi · Dallas, TX
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$6,299

2016 Chevrolet Silverado Work Fleet Base

177,151 mi · Farmington, ME · Hight Chevrolet GMC
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$6,500

2016 Chevrolet Silverado Work LS Fleet

225,451 mi · Hollywood, FL · Elite Auto Auctions
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$6,595

2016 Chevrolet Silverado LT

217,000 mi · Wayne, MI · Aspen Auto Sales
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$6,795

2016 Chevrolet Silverado Work LS Fleet

153,000 mi · Loves Park, IL · 51 Cars
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$6,839

2016 Chevrolet Silverado LT

107,464 mi · Watseka, IL · Watseka Auto Group
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$6,900

2016 Chevrolet Silverado LT

165,878 mi · Orlando, FL · Auto Export Pro
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$6,995

2016 Chevrolet Silverado Work LS Fleet

175,764 mi · Las Vegas, NV · Nationwide Auto Sales
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$6,998

2016 Chevrolet Silverado Work LS Fleet

200,448 mi · Jasper, IN · Uebelhor and Sons Toyota
View listing →

These are the bottom of the market, not the going rate — every one is priced below 95% of active listings. A typical used 2016 Chevrolet Silverado asks $16,140–$25,900. Cars this far under: expect high mileage, a base trim or a branded title — check the vehicle history.

FAQ

How much does a used 2016 Chevrolet Silverado cost?

A used 2016 Chevrolet Silverado in the US typically lists for $16,140 to $25,900, with a median asking price of $19,995 across 3,140 active US dealer listings. Nine in ten are priced between $11,562 and $37,999 (as of 2026-10-19, source: UnderMarket Cars).

Is $20,000 a good price for a used 2016 Chevrolet Silverado?

That sits at about the market median ($19,995) for a used 2016 Chevrolet Silverado. Under $16,140 puts you in the cheapest quarter of active US listings and under $11,562 in the cheapest 5%; above $37,999 is the priciest 5% (as of 2026-10-19).

What is the cheapest used 2016 Chevrolet Silverado for sale right now?

$5,854 — a 2016 Chevrolet Silverado Custom in Howell, MI, $14,141 under the median (as of 2026-10-19).

Are these MSRP or real asking prices?

Real asking prices from active US dealer listings, deduplicated by VIN — not manufacturer MSRP. They already reflect dealer discounts, and they exclude tax, title, registration and dealer fees.

How often are prices updated?

The listing data behind UnderMarket Cars is rebuilt from live US dealer inventory every few hours, and this used 2016 Chevrolet Silverado page is regenerated from it when it is requested. The figures on this page are from 2026-10-19.

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Prices updated 2026-10-19. Data covers active dealer listings across the USA.