Used 2016 GMC Sierra 1500 for Sale near Newfoundland and Labrador

How much does the 2016 GMC Sierra 1500 cost?

Prices have softened 15.06% compared to this time last year, making it a favourable time to shop this model year.

There are 283 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2016 GMC Sierra 1500 a good car?

Generally — the 4.25/5 user rating points to strong owner satisfaction for this model year. Owners most often praise its comfort, features, and smooth ride, and many also like the luxurious Denali trim and thoughtful design elements. That fits the Sierra’s role as a full-size pickup that can work hard while still feeling more upscale than many rivals. With 20.8% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 GMC Sierra 1500 reliable?

Owners rate it 4.25/5, a solid signal of long-term satisfaction.

The owner feedback also points to a truck that can feel dependable and trouble-free in day-to-day use when it is maintained properly. At the same time, some drivers report reliability concerns with the air conditioning and transmission, so you should pay close attention to service history and how the truck drives on a test route. For used buyers, that means long-term ownership risk is manageable, but only if you verify maintenance and inspect the drivetrain carefully.

Is now a good time to buy a used 2016 GMC Sierra 1500?

This is a moderate, selective buyer’s market, so you can be patient and still find worthwhile options.

• Deal availability: 20.8% of listings are priced as good or great deals.
• Inventory: There are 283 listings available.
• Price trend: Prices have softened 15.06% compared with last year.

If you find a listing below $21,661 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 GMC Sierra 1500's resale value?

The current average of $21,661 CAD sits slightly below last year's $25,501 CAD.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favourable entry point today. For a future seller, it also means resale expectations should stay realistic unless the truck is especially well equipped or exceptionally clean. Because the model still attracts shoppers looking for a capable, refined full-size pickup, demand should remain steady enough to support value better than a less desirable used truck.

Vehicles with solid owner satisfaction ratings, like this model year's 4.25/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 GMC Sierra 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:

• 20.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.06% compared with last year.
• Owners rate it 4.25/5 — a solid satisfaction signal.

The bottom line: The 2016 is a strong choice if you want a used full-size pickup with a more premium feel, good owner satisfaction, and a market that currently favours careful shoppers. If your priority is stretching your budget, you may want to compare nearby years and focus on the best-priced, best-documented example rather than chasing a specific model year alone.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.