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How much did a 2016 Chevy Silverado cost new?


The 2016 Chevy Silverado was a popular full-size pickup truck known for its reliability, performance, and versatility. Whether you were looking for a workhorse for tough jobs or a comfortable ride for family trips, the Silverado offered a range of trims and configurations to suit various needs. In this article, we’ll explore the original pricing of the 2016 Chevy Silverado when it was new, along with the factors that influenced its cost.


Base Price of the 2016 Chevy Silverado


The starting price of the 2016 Chevy Silverado varied depending on the trim level, cab style, and drivetrain. Here’s a breakdown of the base prices for the most common configurations:



  • Silverado 1500 WT (Work Truck): The base model started at approximately $27,095 for the regular cab with a standard box and 2WD.

  • Silverado 1500 LT: A mid-level trim with more features, starting at around $33,000 for the double cab with 2WD.

  • Silverado 1500 LTZ: A higher-end trim with premium features, starting at about $41,000 for the crew cab with 4WD.

  • Silverado 1500 High Country: The luxury trim level, starting at approximately $53,000 for the crew cab with 4WD.


These prices reflect the Manufacturer’s Suggested Retail Price (MSRP) at the time of release in 2016. Actual prices could vary based on dealer incentives, optional packages, and regional differences.


Factors That Influenced Pricing


The cost of a 2016 Chevy Silverado could increase significantly depending on the following factors:



  • Cab Style: The Silverado was available in regular, double, and crew cab configurations. Larger cabs typically added to the cost.

  • Bed Length: Buyers could choose between standard and long bed options, with longer beds often costing more.

  • Drivetrain: Opting for 4WD instead of 2WD added to the price, as 4WD systems are more complex and versatile.

  • Optional Features: Features like leather seats, advanced infotainment systems, towing packages, and safety upgrades could significantly increase the final price.

  • Trim Level: Higher trims like the LTZ and High Country came with more luxurious features, driving up the cost.


Conclusion


The 2016 Chevy Silverado offered a wide range of options to meet the needs of different buyers, from budget-conscious work trucks to fully loaded luxury pickups. The base price started at around $27,095, but with added features and upgrades, the cost could exceed $50,000. If you’re considering purchasing a used 2016 Silverado today, keep in mind that its value will depend on its condition, mileage, and included features.


Frequently Asked Questions

How much did a Chevy Silverado cost in 2019?


2019 Chevrolet Silverado 1500 Limited Double Cab Pricing

Original MSRP
Silverado 1500 Limited Double Cab$17,547 - $26,724
Silverado 1500 Regular Cab$18,066
Silverado 1500 Double Cab$21,703 - $30,950
Silverado 1500 Crew Cab$21,837 - $38,437



How long should a 2017 Silverado last?


around 200,000 miles
The average Chevy Silverado will last around 200,000 miles. If you are sure to take care of your Silverado over the years, it can last as long as you'd like it to. A few truck owners have even reached the one million-mile mark on their Chevy Silverado.



How many years will a Silverado last?


10 to 20 years
The lifespan of a Chevy Silverado 1500 varies based on factors such as overall lifetime care and use. Typically, drivers can expect their Chevy Silverado 1500 to last between 150,000 and 200,000 miles, translating to an average of 10 to 20 years of continuous use.



How much did a 2015 Silverado cost new?


2015 Chevrolet Silverado 1500 Trims and Pricing

TrimPrice
LS 4WD Short Bed Regular Cab$32,510
LS 4WD Long Bed Regular Cab$32,810
Z71 LT 2WD Short Bed Regular Cab$33,955
Z71 LT 2WD Short Bed Regular Cab$33,955



How much was a 2017 Chevy Silverado brand new?


The Chevy Silverado 1500 is offered in a wide range of different trim and configuration levels, with an MSRP starting at $27,585 for a basic Work Truck (WT) and going up to $57,420 for a fully-loaded High Country Crew Cab.



What were truck prices in 2019?


Likely due to the popularity of SUVs and high-end pickup trucks, the average price of light trucks grew from about $26,000 in 1990 to $38,000 in 2019, while average car prices declined slightly, from about $29,000 in 1990 to $27,000 in 2019. Price data are adjusted for inflation (constant 2019 dollars).



How much did a Chevy Silverado cost in 2018?


2018 Chevrolet Silverado 1500 Trims and Pricing

TrimPrice
LT 4WD Standard Bed Double Cab$40,700
LT 2WD Standard Bed Crew Cab$41,100
LS 4WD Standard Bed Crew Cab$41,200
Custom 4WD Standard Bed Crew Cab$41,300



Is the 5.3 L V8 a good engine?


The Chevy 5.3 liter engine is a reliable engine that can last for many years if it is properly maintained. Many drivers report getting 200,000 miles or more out of their 5.3 liter engine.



What is the cheapest Chevy Silverado?


The price of the 2025 Chevrolet Silverado 1500 starts at $37,645 and goes up to $64,695 depending on the trim and options.



How much was a Chevy Silverado in 2016?


2016 Chevrolet Silverado 1500 Pricing

Original MSRPKBB Fair Purchase Price (national avg.)
Silverado 1500 Double Cab$12,297 - $21,379$11,297 - $20,379
Silverado 1500 Regular Cab$13,837 - $25,995$12,837 - $23,364
Silverado 1500 Crew Cab$13,957 - $27,488$12,779 - $23,366


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.