Description
2016 CHEVY SILVERADO 1500LT - True North Z71 Off Road Package, 4x4, 4-Door, 5.3 Auto, Loaded All Power, Very Very Well Maintained
Specs and Dims
Description Continued...
2016 Chevy Silverado 1500 LT: Pricing, Trims, and Buyer Basics
The 2016 Chevrolet Silverado 1500 LT occupies a central spot in one of the most popular full-size pickup lineups of its era. With multiple cab styles, bed lengths, and drivetrain choices, it offers the flexibility that truck buyers expect. For anyone shopping the used market, understanding how the LT is equipped, what it cost when new, and what it sells for today helps set realistic expectations.
The 2016 Silverado 1500 Lineup and Where the LT Fits
The 2016 Silverado 1500 is a full-size pickup available in rear- or four-wheel drive, three cab styles, and three bed lengths. Chevrolet organized the model year into 10 trim configurations with pricing that started around $27,195 on the low end and reached roughly $53,415 at the top. The LT trim carried a starting price near $34,265, while the LT Z71 package stepped up to about $46,265.
The standard engine is a 4.3-liter V-6 that produces 285 horsepower and 305 lb-ft of torque. Many LT trucks on the used market come with the available 5.3-liter V-8, which pairs with an automatic transmission. The Car and Driver test vehicle, a 2016 Silverado 1500 Z71 5.3L 8-speed automatic 4x4 crew cab, had a base price of $49,395 and an as-tested price of $53,580. That shows how quickly optional equipment and drivetrain choices push the price upward.
What the LT Costs on the Used Market
Used prices vary widely based on mileage, condition, cab configuration, and drivetrain. On Autotrader, 2016 Silverado 1500 models listed for sale ranged from $5,780 to $35,995, with an average price of $19,617. That wide spread reflects everything from high-mileage work trucks to low-mileage, well-optioned crew cabs.
A few examples from the research illustrate the range:
- A 2016 LT Z71 listed in Saukville, Wisconsin at $23,601 with 39,622 miles. It has a 5.3-liter V-8 and automatic transmission.
- A 2016 LT with the All Star Edition was listed at $23,391 in Burns.
- An LT Crew Cab in San Diego was priced at $15,950, about $1,479 below market. It had 159,347 miles, a 5'9" bed, and the 5.3-liter V-8.
Estimated trade-in values for a 2016 Silverado 1500 Crew Cab range from about $6,475 to $16,750 depending on the vehicle style.
| Pricing Summary | Amount |
|---|---|
| Trim lineup price range | $27,195 to $53,415 |
| LT starting price | $34,265 |
| LT Z71 starting price | $46,265 |
| Z71 test vehicle base price | $49,395 |
| Z71 test vehicle as tested | $53,580 |
| Average used listing price | $19,617 |
| Used listing range | $5,780 to $35,995 |
What to Expect From the LT Equipment List
Equipment varies from truck to truck, so it helps to review each listing. The LT Crew Cab example in San Diego included a back-up camera, Bluetooth, and leather seating. That combination of technology and comfort features is common on LT models, but it is not guaranteed on every used unit.
Buyers should also confirm which cab style, bed length, and drivetrain they need. The LT is available in multiple configurations, and the price differences across those configurations are significant. A rear-drive extended cab with high mileage will sit far below a four-wheel-drive crew cab with low mileage on the price scale.
The KBB expert review gave the 2016 Silverado 1500 Crew Cab a rating of 4.3 out of 5, and it ranked #3 among full-size trucks of 2016. A strong review rating is helpful, but condition and maintenance history matter more for a used truck. A vehicle history report is worth the effort before making an offer.
Frequently Asked Questions
Is the 2016 Chevy Silverado 1500 LT a good truck?
The 2016 Silverado 1500 Crew Cab earned a 4.3 expert rating on KBB and ranked #3 among full-size trucks of 2016. The LT is a popular trim because it balances capability, comfort, and price. As with any used truck, the condition of that specific vehicle, its maintenance history, and its mileage should carry more weight than the model year reputation.
How much is a 2016 Chevy Silverado LT worth?
Used listings for the 2016 Silverado 1500 ranged from $5,780 to $35,995 on Autotrader, with an average of $19,617. A low-mileage LT Z71 was listed at $23,601, while a high-mileage LT Crew Cab was priced around $15,950. Trade-in estimates for the Crew Cab ranged from about $6,475 to $16,750. Final value depends on style, mileage, and condition.
What does LT mean in Silverado LT?
The research used for this article does not provide an official definition of the LT badge. In the 2016 model year lineup, LT sits as a distinct trim level with its own starting price of about $34,265. Buyers who want the exact meaning of the LT designation should check Chevrolet's official materials or a dealership.
What is the most common problem with the 2016 Chevy Silverado?
The research pack does not include specific reliability or common problem data for the 2016 Silverado 1500. Instead of relying on general claims, buyers should pull a vehicle history report, check for open recalls, and have a mechanic inspect the truck. The 2016 model ranked well in expert reviews, but individual trucks vary.
