Used 2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 Ft
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2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 ft Depreciation
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2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 Ft Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | $617 | $26,347 | $24,367 | ||
2023 | $2,327 | $24,020 | $22,350 | ||
2024 | $2,395 | $21,625 | $19,926 | ||
Now | $201 | $21,424 | $19,891 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 Ft Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 4816 lbs. | ||
|---|---|---|---|
Fuel Capacity | 26.0 gallons | ||
Front Head Room | 42.4 inches | ||
Front Leg Room | 45.3 inches | ||
Max Seating Capacity | 3 | ||
Minimum Ground Clearance | 8.6 inches | ||
Overall Length | 205.6 inches | ||
Front Shoulder Room | 66.0 inches | ||
Towing Capacity, Maximum | 8600 lbs. | ||
Turning Diameter | 40.0 feet | ||
Wheel Base | 119.0 inches | ||
Truck Bed Volume | 61 cu.ft. | ||
Bed Length | 6.50 feet | ||
Gross Vehicle Weight Rating (GVWR) | 6800 lbs. | ||
Payload Capacity | 1860 lbs. |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
Fog Lights | Available | ||
HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Privacy Glass | Available |
Fuel Economy
City | 16 mpg | ||
|---|---|---|---|
Highway | 22 mpg | ||
Combined | 18 mpg |
Mechanical
Drivetrain | 4WD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Regular | ||
Hill Start Assist | Available | ||
Parking Assist System | Available |
Performance
Horsepower | 355 @ 5600 RPM | ||
|---|---|---|---|
Torque | 383 @ 4100 rpm | ||
Engine | V8, EcoTec3, 5.3 Liter |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 ft Standard Features
2016 Chevrolet Silverado 1500 Regular Cab
KBB.com Review
Kbb.com Expert Rating
If you’ve been waiting for the Chevy Silverado to look as different on the outside as it is under the skin, then this is your truck. It’s also worth a look if you’re seeking a comfortable driving experience with a refined interior and class-leading V8 power.
Assuming you don’t have a preexisting brand allegiance, the Ford F-150’s aluminum body is both high-tech and allows for extra hauling capability. The Ram 1500 offers a fuel-efficient diesel engine. And if any of those are too big, there’s the midsize Chevy Colorado with its own diesel engine.
2016 Chevrolet Silverado 1500 Regular Cab
KBB.com Consumer Reviews
Consumer Rating
2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 ft Safety
2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 ft Safety Technology
Crash Test Rating
Compare to Similar Vehicles
 Used 2016 Chevrolet Silverado 1500 Regular Cab LT Pickup 2D 6 1/2 ft |  New 2024 Ford Maverick |  Used 2016 Toyota Tacoma Double Cab |  Used 2018 Ram 1500 Regular Cab | ||
|---|---|---|---|---|---|
| Price | $24,960 | $25,515 | $22,797 | $22,959 | |
| KBB.com Rating | 4.3 | 4.5 | 4.5 | 4.4 | |
| Consumer Rating | 4.3 | 4.3 | 4.1 | 4.6 | |
| Fuel Economy | City 16/Hwy 22/Comb 18 MPG | City 23/Hwy 30/Comb 26 MPG | City 18/Hwy 23/Comb 20 MPG | City 15/Hwy 22/Comb 17 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | $47,721 | N/A | N/A | |
| Safety Rating | 5.0 | 4.0 | 4.0 | 4.0 | |
| Seating Capacity | 3 | 5 | 5 | 3 | |
| Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
| Horsepower | 355 @ 5600 RPM | 250 @ 5500 RPM | 278 @ 6000 RPM | 395 @ 5600 RPM | |
| Engine | V8, EcoTec3, 5.3 Liter | 4-Cyl, EcoBoost, 2.0 Liter | V6, 3.5 Liter | V8, HEMI, 5.7 Liter | |
| Drivetrain | 4WD | FWD | 4WD | 2WD |