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
ConditionTrade-InPrivate PartyDealer 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
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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
Total 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
Value breakdown
2016 Chevrolet Silverado 1500
Work Truck 4dr Double Cab SB (4.3L 6cyl 6A) with no options
YearCar ValueDepreciation
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.
Know Your Car’s Worth
  • 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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