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

2016 Chevrolet Silverado 1500 LTZ

53.5% depreciation ($18,838)

2016 Chevrolet Silverado 1500 LTZ has a median resale price of $27,997 against an original MSRP of $46,835, which works out to 53.5% depreciation across 13 analyzed listings. It ranks 4 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)
$46,835
Median Resale Price
$27,997
Depreciation
53.5%
Listings Analyzed
13

How LTZ Compares to Other 2016 Trims

Lower depreciation means stronger resale retention. The LTZ ranks 4 of 5 trims with enough listing data for this model year.

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

Specifications

Specs unavailable for this model year.