Used 2016 Chevrolet Silverado 1500 for Sale nearSt Catharines, ON

How much does the 2016 Chevrolet Silverado 1500 cost?

Prices have softened 13.40% compared to this time last year, making it a favourable time to shop this model year.

There are 285 listings available, which gives you a reasonable amount of inventory to compare.

Is the 2016 Chevrolet Silverado 1500 a good car?

Generally — the 4.45/5 user rating suggests you’re looking at a well-liked truck. Owners commonly praise its great value, reliability, and comfortable features, and many also point to good gas mileage and stable road manners. That lines up well if you want a full-size pickup that can work hard while still offering useful technology and everyday comfort. With 22.5% of listings marked as good or great deals, there’s a decent amount of market value to consider.

Is the 2016 Chevrolet Silverado 1500 reliable?

Owners rate it 4.45/5, a solid signal of long-term satisfaction.

Owner feedback highlights reliability, and many drivers describe the truck as dependable and trouble-free in day-to-day use. The positive comments around long-term ownership are encouraging, especially if you want a used truck you can count on for regular work and commuting. Even so, used buyers should still pay close attention to maintenance records and overall condition, since long-term ownership risk can rise if the truck has been poorly maintained.

Is now a good time to buy a used 2016 Chevrolet Silverado 1500?

This looks like a moderate, selective buyer’s market, so you can be choosy without expecting deep discounts on every listing.

• Deal availability: 22.5% of listings are priced as good or great deals.
• Inventory: There are 285 listings available.
• Price trend: Prices have softened 13.40% compared with last year.

If you find a listing below $19,132 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Silverado 1500's resale value?

The current average of $19,132 CAD sits slightly below last year's $22,092 CAD.

That price movement suggests the market has cooled, which can be a challenge if you’re planning to sell soon. On the other hand, it may also help you buy at a more favourable point if you’re shopping now. If you keep the truck in strong condition and maintain it well, you’ll be better positioned to protect value when it’s time to resell.

Vehicles with solid owner satisfaction ratings, like this model year's 4.45/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chevrolet Silverado 1500 or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 22.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.40% compared with last year.
• Owners rate it 4.45/5 — a solid satisfaction signal.

The bottom line: The 2016 is a strong choice if you want a used Silverado with a favourable price trend, solid owner satisfaction, and enough inventory to compare options. If you’re price-sensitive, you may want to keep an eye on nearby years as well, but the 2016 is the better fit when you want a balanced mix of value and buyer appeal.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.