2016 GMC Sierra 1500 Depreciation
A 10-year-old 2016 GMC Sierra 1500 has lost about 55.3% of its roughly $47,270 original value. In the 2026 source cohort, it typically listed for around $21,999, with most listings between $17,287 and $26,466. Listed examples average 124,588 miles.
2016 GMC Sierra 1500 Price by Mileage
What buyers actually pay at different odometer readings.
How Mileage Affects 2016 GMC Sierra 1500 Price
Each dot is a real listing — price plotted against odometer reading.
| Mileage | Median price | Listings |
|---|---|---|
| 50k–75k mi | $27,977 | 16 |
| 75k–100k mi | $25,895 | 36 |
| 100k–130k mi | $22,475 | 69 |
| Over 130k mi | $18,990 | 95 |
What's a Good Price for a 2016 GMC Sierra 1500?
Great deal
Under $18,633
Typical
$18,633–$24,999
Overpriced
Above $24,999
Based on the middle 50% of listings — always adjust for mileage and condition.
Price Spread
Range across 218 listings.
Half of all listings fall between $18,633 and $24,999, with a median of $21,985.
2016 GMC Sierra 1500 Efficiency & Specs
EPA fuel-economy and powertrain data.
Combined
19 MPG
City / Hwy
17 / 23
Fuel / year
$3,300
Fuel
Regular
Engine
5.3L 8-cyl
EPA class
Standard Pickup Trucks 2WD
Depreciation by Trim
See how each 2016 GMC Sierra 1500 trim holds its value.
How the 2016 GMC Sierra 1500 Compares to Other Years
At 55.3% depreciation, the 2016 GMC Sierra 1500 sits among its neighbors on the depreciation curve. The one-year-newer 2017 has lost 50.5% (around $24,995), so stepping up a model year costs roughly $2,996 more. The older 2015 sits at 59.4% (around $20,140), so dropping back a year saves about $1,859. Buying one model year newer or older is one of the easiest ways to trade purchase price against age and remaining warranty.
Safety Ratings
NHTSA crash test ratings for the 2016 GMC Sierra 1500.
Known Issues & Complaints
42 NHTSA complaints, 7 recalls reported.
POWER TRAIN
10 complaints1- transmission issue, it’ll occasionally slip from 1-2 gear and engine rpm’s will shoot up making it when you release the gas pedal it’ll kick into second gear it’ll also do minor kicks into other gears (8l90 transmission) 2- breaks issue,
SERVICE BRAKES
6 complaintsWhile traveling at low speeds in parking lots and in the operation of parking, my 2016 GMC Sierra 1500 gets a hard brake pedal that goes to the floor but I have no brakes. I almost hit a person in a local grocery store parking lot, at the b
STEERING
6 complaintsEXCESSIVE SLOP AND UNCONTROLLABLE, UNINTENDED STEERING SHIFTS CAUSING VEHICLE TO UNEXPECTEDLY AND SUDDENLY VEER OUT OF LANE OF TRAVEL RELATED TO DEFECTIVE LASH ADJUSTMENT STEERING BOX
ELECTRICAL SYSTEM
4 complaintsThe contact owns a 2016 GMC Sierra 1500. The contact stated that while idling in the drive-through at a pharmacy, the contact noticed smoke coming from the rear window, and the rear window shattered. The contact stated that the defroster wa
STRUCTURE
3 complaintsThe contact owns a 2016 GMC Sierra. The contact stated that she had noticed the frame had rusted in two places. No warning lights were illuminated. The local dealer was contacted, who confirmed there were no open recalls. The vehicle was no
ENGINE
3 complaintsEngine has developed a serious lifter / cam issue. dealer identified it as a result of Displacement on Demand design. Total engine replacement recommended by dealer but since the mileage on that vehicle is over 100,000 warranty, the repair
Top Issues
- POWER TRAIN
- SERVICE BRAKES
- STEERING
- ELECTRICAL SYSTEM
- STRUCTURE
Buyer Red Flags
- !Recall 19V645000 (SERVICE BRAKES, HYDRAULIC): General Motors LLC (GM) is recalling certain 2015-2017 Cadillac Escalade, 2014-2018 Chevrolet Silverado, GMC Sierra, 2015-2018 Chevrolet Suburban, Tahoe, GMC Yukon vehicles. The am
- !Recall 19V761000 (SERVICE BRAKES, HYDRAULIC): General Motors LLC (GM) is recalling certain 2015-2020 Chevrolet Suburban, Tahoe, and GMC Yukon, and 2014-2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles equipped with a
- !Recall 16V651000 (AIR BAGS): General Motors LLC (GM) is recalling certain model year 2015-2017 Chevrolet Silverado 2500 HD, 3500 HD, Tahoe, Suburban, GMC Sierra 2500 HD and 3500 HD, GMC Yukon, GMC Yukon XL, Ca
- !Recall 16V256000 (SUSPENSION): General Motors LLC (GM) is recalling certain model year 2016-2017 Chevrolet Silverado 1500 and 2016 Cadillac Escalade, Cadillac Escalade ESV, Chevrolet Suburban, Chevrolet Tahoe, G
2016 GMC Sierra 1500 Listings
Real 2016 Sierra 1500 listings on the market now.
$24,128
2016 · Black
48,543 mi · Melbourne, FL
View listing →
$34,998
2016 Denali · Red
56,753 mi · Lubbock, TX
View listing →
$32,895
2016 Denali · Black
61,441 mi · Hobart, IN
View listing →
$30,237
2016 SLT · Red
62,352 mi · Spencer, IN
View listing →
$30,299
2016 SLT · White
69,717 mi · Ridgeland, MS
View listing →
$23,993
2016 SLT
70,271 mi · Cincinnati, OH
View listing →
Live dealer listings, refreshed periodically. Prices and availability change.
Frequently Asked Questions
How much is a 2016 GMC Sierra 1500 worth?
A 2016 GMC Sierra 1500 is typically worth around $21,999, with most listings falling between $17,287 and $26,466. The single biggest swing factor is mileage — listed examples average about 124,588 miles, and each additional 10,000 miles shaves a few percent off the price. Condition, accident history, trim, and how many owners a car has had move the number from there. Treat the median as a fair starting point and adjust up for a clean, low-mileage, one-owner car or down for higher mileage and any reported damage.
How much has the 2016 GMC Sierra 1500 depreciated?
The 2016 GMC Sierra 1500 has lost about 55.3% of its original $47,270 base MSRP — roughly $26,140 in value, after adjusting listing prices to typical mileage for the age. Most of a car's lifetime depreciation happens in its earliest years, so a vehicle of this age has usually weathered the steepest part of the curve already. That's what makes a well-kept example at this age an efficient buy: you let the original owner absorb the fastest depreciation, then enjoy a much slower decline from here.
How many miles does a used 2016 Sierra 1500 have?
Listed 2016 Sierra 1500s average about 124,588 miles, with most between 88,531 and 159,365. As a rule of thumb, "average" mileage for any car is roughly 12,000 miles per year of age, so compare a specific listing against that benchmark. A below-average odometer commands a premium and an above-average one a discount, but a higher-mileage car with complete service records and one owner can be a better buy than a low-mileage car with gaps in its history. Consistent maintenance does more for a car's remaining lifespan than a low number on the odometer alone.
What is a good price for a 2016 GMC Sierra 1500?
For a 2016 GMC Sierra 1500, anything under $18,633 is a strong deal, $18,633 to $24,999 is the typical range where most cars trade, and above $24,999 is on the expensive side — those higher prices usually buy lower mileage, a certified warranty, or a premium trim. Always weigh the asking price against the car's specific mileage and condition rather than the sticker alone: a slightly higher price for a clean, one-owner, accident-free example is often money well spent. And treat a listing priced well below the range as a prompt to dig deeper — unusually cheap cars almost always have a reason, whether it's high mileage, accident history, or a branded title.
Methodology
Figures for the 2016 GMC Sierra 1500 are computed from 161 real used-car listings. Each asking price is normalized to a standard 12,000 miles per year for the car's age, adjusted by a 5% asking-to-sale estimate, and compared against the original base MSRP for that VIN's trim. Full methodology. Updated August 2026.