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2016 Chevrolet Silverado 1500 Value
2016 Chevrolet Silverado 1500
2016 Chevrolet Silverado 1500 trade-in prices range from $12,374 - $38,851. Get a more accurate value for your car with the Edmunds appraisal tool.
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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
LS 4dr Double Cab SB (4.3L 6cyl 6A) with no options
ConditionTrade-InPrivate PartyDealer Retail
Outstanding$15,213$19,623$23,542
Clean$14,843$19,140$22,955
Average$14,228$18,335$21,977
Rough$13,427$17,289$20,706
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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-$10,930
Based on Good Condition for five years
2016 Chevrolet Silverado 1500
LS 4dr Double Cab SB (4.3L 6cyl 6A) with no options
Total Depreciation
2017
$18,953
-$4,192
2018
$16,979
-$1,974
2019
$15,225
-$1,754
2020
$13,650
-$1,575
2021
$12,215
-$1,435
Value breakdown
2016 Chevrolet Silverado 1500
LS 4dr Double Cab SB (4.3L 6cyl 6A) with no options
YearCar ValueDepreciation
2017$18,953-$4,192
2018$16,979-$1,974
2019$15,225-$1,754
2020$13,650-$1,575
2021$12,215-$1,435
Total Depreciation
Over five years
-$10,930
Helpful information for you
Estimated Value Today
  • $14,843 - $19,140
  • 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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