Used 2016 GMC Sierra 1500 for Sale near Newfoundland and Labrador

How much does the 2016 GMC Sierra 1500 cost?

Prices have softened 10.51% compared to this time last year, making it a favourable time to shop this model year.

There are 308 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2016 GMC Sierra 1500 a good car?

Generally — the 4.3/5 user rating points to strong owner satisfaction. Owners commonly praise its comfort, features, and smooth ride, and many also like the Denali trim’s more luxurious feel and the truck’s thoughtful design. That makes it a good fit if you want a full-size pickup that can handle work duties while still feeling polished and well equipped inside. With 28.6% 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 4.3/5, a solid signal of long-term satisfaction.

Owner feedback also points to a truck that many people find dependable in daily use, with comfort and performance that can hold up well over time. At the same time, some drivers report issues with the air conditioning and transmission, so used buyers should pay close attention to service records and how the truck drives. For long-term ownership, that means your risk is more about condition and maintenance history than the model’s overall appeal.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you’re patient and compare listings carefully.

• Deal availability: 28.6% of listings are priced as good or great deals.
• Inventory: There are 308 listings available.
• Price trend: Prices have softened 10.51% compared with last year.

If you find a listing below $21,491 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 $21,579 CAD sits slightly below last year's $24,113 CAD.

That softer pricing can help you buy more truck for the money today, but it also means future resale gains may be more limited if the market stays soft. If you plan to sell later, the current trend suggests you should focus on buying a well-kept example at a fair price so you have less depreciation to absorb. Trucks with strong equipment and clean history tend to be easier to move on the used market, especially when demand stays steady.

Vehicles with solid owner satisfaction ratings, like this model year's 4.3/5, 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:

• 28.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 10.51% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: The 2016 is a strong choice if you want a well-equipped full-size pickup with a premium feel and you can take advantage of the softer pricing. If you’re more price-sensitive, a nearby year may be worth comparing, but the 2016 stands out as the better-balanced option when comfort, features, and current market value all matter.

How does the 2016 GMC Sierra 1500 compare to the 2016 Chevrolet Silverado 1500?

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.