What is the Blue Book Value of a 2016 Chevrolet Silverado 1500?

The term "Blue Book Value" might refer to the Kelley Blue Book value, but is often used as a generic expression for a given vehicle's market value. You can find the market value of your 2016 Chevrolet Silverado 1500 on Edmunds. You'll need to know some basic facts about your vehicle, such as the mileage, condition, option packages and trim level. As a general guide, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you were selling it as a private party. If the vehicle is in worse shape, you'll want to deduct a couple thousand dollars for each of the lower two condition levels. Learn more

How much is a Chevrolet Silverado 1500 worth?

A number of factors will affect how much a Chevrolet Silverado 1500 is worth. For starters, you'll need information such as the year, mileage, condition level, options and trim level. As a general guide, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you're selling it as a private party. If you need a more accurate number, head to Edmunds, input your vehicle's details and you'll get an accurate appraisal. Learn more

What is the value of a 2016 Chevrolet Silverado 1500?

The value of a 2016 Chevrolet Silverado 1500, or any vehicle, is determined by its age, mileage, condition, trim level and installed options. As a rough estimate, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you're selling it as a private party. Head to Edmunds for a more detailed appraisal, where you can see its estimated dealer retail value along with the values for other condition levels. Learn more

Should I buy a 2016 Chevrolet Silverado 1500?

There is no one perfect vehicle for everyone, so it is difficult to make a broad assessment of the 2016 Chevrolet Silverado 1500. We recommend you read Edmunds expert reviews and consumer reviews to make that buying decision for yourself. When in doubt, ask to test-drive the 2016 Chevrolet Silverado 1500 and see how it feels. Learn more

How much is a 2016 Chevrolet Silverado 1500 worth?

The value of a used 2016 Chevrolet Silverado 1500 ranges from $12,934 to $42,478, based on vehicle condition, mileage, and options. Get a free appraisal here.

Is 2016 Chevrolet Silverado 1500 a good car?

To understand if the 2016 Chevrolet Silverado 1500 is a good vehicle for you, check out Edmunds' expert and consumer reviews and ratings. To see if it's priced right, check out Edmunds' free appraisal calculator.

2016 Chevrolet Silverado 1500 Value - Find Out What Your Car's Worth

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Estimated values for the 2016 Chevrolet Silverado 1500

Values based on 12,000 miles driven per year, with no color or options selected

Work Truck 4dr Double Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$20,057	$22,915	$25,716
Clean	$19,352	$22,104	$24,784
Average	$17,942	$20,481	$22,921
Rough	$16,531	$18,858	$21,057

LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$31,160	$34,628	$38,040
Clean	$30,065	$33,402	$36,662
Average	$27,874	$30,949	$33,906
Rough	$25,683	$28,497	$31,149

Custom 4dr Double Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,160	$27,113	$30,014
Clean	$23,311	$26,153	$28,926
Average	$21,612	$24,233	$26,751
Rough	$19,914	$22,313	$24,576

Z71 LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$30,162	$33,328	$36,446
Clean	$29,101	$32,148	$35,126
Average	$26,981	$29,788	$32,485
Rough	$24,860	$27,428	$29,844

High Country 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$32,949	$36,180	$39,367
Clean	$31,791	$34,899	$37,941
Average	$29,474	$32,337	$35,088
Rough	$27,158	$29,775	$32,235

Z71 LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,513	$32,348	$36,110
Clean	$27,511	$31,203	$34,802
Average	$25,506	$28,912	$32,185
Rough	$23,501	$26,622	$29,569

LS 2dr Regular Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$21,582	$24,418	$27,200
Clean	$20,823	$23,553	$26,215
Average	$19,306	$21,824	$24,244
Rough	$17,788	$20,095	$22,273

LTZ 4dr Double Cab SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$27,192	$30,269	$33,296
Clean	$26,236	$29,198	$32,089
Average	$24,324	$27,054	$29,677
Rough	$22,413	$24,911	$27,264

LS 4dr Double Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,162	$27,083	$29,953
Clean	$23,313	$26,125	$28,868
Average	$21,614	$24,207	$26,697
Rough	$19,915	$22,289	$24,527

LT 2dr Regular Cab LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$15,693	$17,591	$19,454
Clean	$15,141	$16,968	$18,749
Average	$14,038	$15,722	$17,339
Rough	$12,934	$14,476	$15,930

LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$31,177	$34,369	$37,514
Clean	$30,081	$33,152	$36,154
Average	$27,889	$30,718	$33,436
Rough	$25,697	$28,285	$30,718

LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,000	$31,489	$34,915
Clean	$27,016	$30,374	$33,649
Average	$25,047	$28,144	$31,119
Rough	$23,079	$25,914	$28,589

LTZ 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,855	$32,273	$35,633
Clean	$27,840	$31,130	$34,342
Average	$25,812	$28,845	$31,760
Rough	$23,783	$26,560	$29,178

Work Truck 2dr Regular Cab 4WD LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$20,438	$23,001	$25,517
Clean	$19,720	$22,187	$24,593
Average	$18,283	$20,558	$22,743
Rough	$16,846	$18,929	$20,894

LTZ 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$29,058	$32,193	$35,279
Clean	$28,036	$31,053	$34,001
Average	$25,994	$28,774	$31,444
Rough	$23,951	$26,494	$28,888

High Country 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$35,391	$38,665	$41,899
Clean	$34,147	$37,296	$40,380
Average	$31,658	$34,558	$37,344
Rough	$29,170	$31,820	$34,308

LTZ 4dr Double Cab 4WD SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,858	$32,255	$35,594
Clean	$27,843	$31,113	$34,304
Average	$25,815	$28,829	$31,725
Rough	$23,786	$26,545	$29,145

Work Truck 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,164	$27,117	$30,018
Clean	$23,314	$26,157	$28,931
Average	$21,615	$24,237	$26,755
Rough	$19,916	$22,317	$24,580

Work Truck 2dr Regular Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$17,949	$20,406	$22,816
Clean	$17,318	$19,684	$21,989
Average	$16,056	$18,239	$20,336
Rough	$14,794	$16,794	$18,683

LT 2dr Regular Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$21,063	$24,204	$27,280
Clean	$20,323	$23,347	$26,292
Average	$18,842	$21,633	$24,315
Rough	$17,361	$19,919	$22,338

Work Truck 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$23,729	$27,455	$31,100
Clean	$22,895	$26,483	$29,974
Average	$21,227	$24,539	$27,720
Rough	$19,558	$22,594	$25,466

LS 2dr Regular Cab LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$18,163	$20,849	$23,480
Clean	$17,524	$20,111	$22,630
Average	$16,247	$18,635	$20,928
Rough	$14,970	$17,158	$19,227

Work Truck 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,336	$28,336	$31,284
Clean	$24,446	$27,332	$30,150
Average	$22,664	$25,326	$27,883
Rough	$20,883	$23,319	$25,617

LS 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$27,624	$30,715	$33,756
Clean	$26,653	$29,627	$32,533
Average	$24,711	$27,452	$30,087
Rough	$22,768	$25,277	$27,641

Z71 LTZ 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$32,105	$35,318	$38,486
Clean	$30,977	$34,068	$37,092
Average	$28,719	$31,567	$34,303
Rough	$26,462	$29,066	$31,514

High Country 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$35,185	$38,860	$42,478
Clean	$33,948	$37,484	$40,939
Average	$31,474	$34,732	$37,861
Rough	$29,001	$31,980	$34,783

LS 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,368	$28,907	$32,377
Clean	$24,476	$27,884	$31,204
Average	$22,693	$25,837	$28,858
Rough	$20,909	$23,790	$26,512

Z71 LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$27,148	$30,223	$33,248
Clean	$26,194	$29,153	$32,044
Average	$24,285	$27,013	$29,634
Rough	$22,377	$24,873	$27,225

Work Truck 2dr Regular Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$19,249	$20,822	$22,380
Clean	$18,573	$20,085	$21,569
Average	$17,219	$18,611	$19,947
Rough	$15,866	$17,136	$18,325

Z71 LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,267	$28,264	$31,209
Clean	$24,379	$27,263	$30,078
Average	$22,602	$25,262	$27,816
Rough	$20,826	$23,261	$25,555

High Country 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$33,154	$36,389	$39,580
Clean	$31,988	$35,101	$38,146
Average	$29,657	$32,524	$35,278
Rough	$27,327	$29,947	$32,410

LT 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$26,137	$29,216	$32,243
Clean	$25,218	$28,182	$31,075
Average	$23,380	$26,113	$28,738
Rough	$21,543	$24,044	$26,402

LS 2dr Regular Cab 4WD LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$22,117	$24,792	$27,418
Clean	$21,340	$23,914	$26,425
Average	$19,785	$22,158	$24,438
Rough	$18,230	$20,403	$22,451

LS 4dr Double Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$20,741	$23,934	$27,061
Clean	$20,012	$23,087	$26,081
Average	$18,554	$21,392	$24,120
Rough	$17,095	$19,697	$22,159

Z71 LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,602	$28,622	$31,591
Clean	$24,702	$27,609	$30,447
Average	$22,902	$25,582	$28,157
Rough	$21,102	$23,555	$25,868

LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,461	$28,392	$31,274
Clean	$24,566	$27,387	$30,141
Average	$22,776	$25,376	$27,875
Rough	$20,986	$23,366	$25,608

LS 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,174	$27,129	$30,033
Clean	$23,324	$26,169	$28,945
Average	$21,624	$24,248	$26,768
Rough	$19,925	$22,327	$24,592

LT 2dr Regular Cab 4WD LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,237	$27,167	$30,046
Clean	$23,385	$26,206	$28,958
Average	$21,681	$24,282	$26,780
Rough	$19,977	$22,358	$24,603

LT 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,550	$31,670	$34,741
Clean	$27,546	$30,549	$33,482
Average	$25,539	$28,306	$30,965
Rough	$23,532	$26,064	$28,447

Work Truck 4dr Double Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$21,859	$24,572	$27,237
Clean	$21,091	$23,702	$26,251
Average	$19,554	$21,962	$24,277
Rough	$18,017	$20,222	$22,303

LT 2dr Regular Cab 4WD SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,499	$27,490	$29,464
Clean	$24,602	$26,516	$28,396
Average	$22,809	$24,570	$26,261
Rough	$21,017	$22,623	$24,126

Work Truck 2dr Regular Cab LB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$17,899	$20,378	$22,808
Clean	$17,270	$19,657	$21,982
Average	$16,011	$18,214	$20,329
Rough	$14,753	$16,771	$18,676

LT 4dr Double Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$23,555	$26,812	$30,004
Clean	$22,727	$25,862	$28,916
Average	$21,071	$23,964	$26,742
Rough	$19,415	$22,065	$24,568

LT 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$25,345	$28,815	$32,216
Clean	$24,454	$27,794	$31,049
Average	$22,672	$25,754	$28,715
Rough	$20,891	$23,714	$26,380

Z71 LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$31,902	$35,109	$38,272
Clean	$30,780	$33,866	$36,885
Average	$28,537	$31,380	$34,112
Rough	$26,294	$28,894	$31,338

LS 2dr Regular Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$18,257	$21,318	$24,312
Clean	$17,615	$20,563	$23,431
Average	$16,331	$19,054	$21,669
Rough	$15,048	$17,544	$19,908

Z71 LT 4dr Crew Cab 4WD 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$28,898	$32,307	$35,658
Clean	$27,882	$31,163	$34,366
Average	$25,851	$28,875	$31,782
Rough	$23,819	$26,588	$29,198

Custom 4dr Double Cab SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$21,511	$24,638	$27,703
Clean	$20,755	$23,766	$26,699
Average	$19,243	$22,021	$24,692
Rough	$17,730	$20,277	$22,684

Work Truck 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$23,234	$26,147	$29,007
Clean	$22,418	$25,221	$27,956
Average	$20,784	$23,370	$25,854
Rough	$19,151	$21,518	$23,752

LS 4dr Crew Cab 5.8 ft. SB (4.3L 6cyl 6A) with no options
Condition	Trade-In	Private Party	Dealer Retail
Outstanding	$24,169	$27,268	$30,310
Clean	$23,320	$26,303	$29,212
Average	$21,620	$24,372	$27,015
Rough	$19,921	$22,441	$24,819

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Did you know your car depreciates every year? Here is a guide to help you understand the value of your car.

Total Depreciation-$12,409

Based on Good Condition for five years

2016 Chevrolet Silverado 1500

Work Truck 4dr Double Cab SB (4.3L 6cyl 6A) with no options

2017

$21,116

-$4,904

2018

$18,917

-$2,199

2019

$16,963

-$1,954

2020

$15,209

-$1,754

2021

$13,611

-$1,598

Value breakdown

2016 Chevrolet Silverado 1500

Work Truck 4dr Double Cab SB (4.3L 6cyl 6A) with no options

Year	Car Value	Depreciation
2017	$21,116	-$4,904
2018	$18,917	-$2,199
2019	$16,963	-$1,954
2020	$15,209	-$1,754
2021	$13,611	-$1,598

Total Depreciation

Over five years

-$12,409

Helpful information for you

Estimated Value Today

$19,352 - $22,104
Based on good condition.

Depreciation Insights

Different cars depreciate at different rates.
In general, new cars lose 60% of their MSRP in the first five years.

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Nearly every vehicle depreciates over time.
With our free appraisal tool, you can get an accurate price for your car in minutes.

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Sell my 2016 Chevrolet Silverado 1500 with Edmunds Shop for a used Chevrolet Silverado 1500 near you

FAQ

: The term "Blue Book Value" might refer to the Kelley Blue Book value, but is often used as a generic expression for a given vehicle's market value. You can find the market value of your 2016 Chevrolet Silverado 1500 on Edmunds. You'll need to know some basic facts about your vehicle, such as the mileage, condition, option packages and trim level. As a general guide, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you were selling it as a private party. If the vehicle is in worse shape, you'll want to deduct a couple thousand dollars for each of the lower two condition levels. Learn more
: A number of factors will affect how much a Chevrolet Silverado 1500 is worth. For starters, you'll need information such as the year, mileage, condition level, options and trim level. As a general guide, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you're selling it as a private party. If you need a more accurate number, head to Edmunds, input your vehicle's details and you'll get an accurate appraisal. Learn more
: The value of a 2016 Chevrolet Silverado 1500, or any vehicle, is determined by its age, mileage, condition, trim level and installed options. As a rough estimate, the trade-in value of a 2016 Chevrolet Silverado 1500 with no options and driven roughly 12,000 miles per year would be worth about $17,318 for one in "Clean" condition and about $19,684 if you're selling it as a private party. Head to Edmunds for a more detailed appraisal, where you can see its estimated dealer retail value along with the values for other condition levels. Learn more
: There is no one perfect vehicle for everyone, so it is difficult to make a broad assessment of the 2016 Chevrolet Silverado 1500. We recommend you read Edmunds expert reviews and consumer reviews to make that buying decision for yourself. When in doubt, ask to test-drive the 2016 Chevrolet Silverado 1500 and see how it feels. Learn more
: The value of a used 2016 Chevrolet Silverado 1500 ranges from $12,934 to $42,478, based on vehicle condition, mileage, and options. Get a free appraisal here.
: To understand if the 2016 Chevrolet Silverado 1500 is a good vehicle for you, check out Edmunds' expert and consumer reviews and ratings. To see if it's priced right, check out Edmunds' free appraisal calculator.

2016 Chevrolet Silverado 1500 Value - Find Out What Your Car's Worth

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How much is a Chevrolet Silverado 1500 worth?

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