Chevrolet Silverado 1500 exterior
Image: Auto Reliability Index
Gasoline · LT trim

2016 Chevrolet Silverado 1500 LT

45.6% depreciation ($11,458)

2016 Chevrolet Silverado 1500 LT has a median resale price of $29,317 against an original MSRP of $40,775, which works out to 45.6% depreciation across 24 analyzed listings. It ranks 2 of 5 trims by value retention for this model year.

Data-limited trim page

This URL is available for comparison, but it is kept out of the search index until the trim has a confident spec match and enough sibling-trim context. Current gaps: no confident trim spec match.

Depreciation Details

MSRP (When New)
$40,775
Median Resale Price
$29,317
Depreciation
45.6%
Listings Analyzed
24

How LT Compares to Other 2016 Trims

Lower depreciation means stronger resale retention. The LT ranks 2 of 5 trims with enough listing data for this model year.

TrimMSRPMedian ResaleDepreciationListings
Z71 LT$43,775$29,88844.2%9
LTthis trim$40,775$29,31745.6%24
Z71 LTZ$48,200$26,88648.4%8
LTZ$46,835$27,99753.5%13
High Country$53,015$27,49753.7%6

Specifications

Specs unavailable for this model year.