Used 2016 Chevrolet Silverado 2500HD for Sale nearChicago, IL

How much does the 2016 Chevrolet Silverado 2500HD cost?

Prices have softened 4.37% compared to this time last year, making it a favorable time to shop this model year.

There are 1,566 listings available, which gives you a solid pool of trucks to compare.

Is the 2016 Chevrolet Silverado 2500HD a good car?

Generally — the 4.4/5 user rating points to strong owner satisfaction. Owners consistently praise its towing and hauling capability, heavy-duty performance, and overall build quality, while also appreciating the features it offers. For you, that makes it a strong fit if you want a truck that can handle serious work but still feels more usable and modern inside than older HD pickups. With 29.0% of listings marked as good or great deals, there’s also a decent chance of finding a competitive price.

Is the 2016 Chevrolet Silverado 2500HD reliable?

Owners rate it 4.4/5, a solid signal of long-term satisfaction.

The owner feedback also points to dependable heavy-duty performance, with praise for the Duramax engine and the truck’s overall build quality. That said, some shoppers mention minor cosmetic issues and wear on used examples, so condition matters a lot on a truck that may have seen hard use. For you, the main long-term ownership risk is buying a well-used work truck without confirming how it was maintained.

What should I look for when buying a used 2016 Chevrolet Silverado 2500HD?

At 64.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether any prior damage was repaired properly. A pre-purchase inspection should focus on signs of heavy towing, suspension wear, brake condition, and any cosmetic or structural issues that could hint at harder-than-average use. Because this is a heavy-duty truck, you’ll want to judge each listing by condition and maintenance history, not just mileage.

Is now a good time to buy a used 2016 Chevrolet Silverado 2500HD?

This looks like a moderate, selective buyer’s market, so you can be choosy if you’re patient.

• Deal availability: 29.0% of listings are priced as good or great deals.
• Inventory: There are 1,566 listings available.
• Price trend: Prices have softened 4.37% compared with last year.
• Clean inventory: 64.8% of listings are accident-free.

If you find a listing below $27,889, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Silverado 2500HD's resale value?

The current average of $27,889 sits slightly below last year's $29,162.

That tells you the market has softened, which can help you buy more confidently now but may also limit short-term upside if you plan to resell soon. For a future seller, the key is to buy a clean, well-maintained truck at the right price so you have less depreciation to absorb later. Strong condition and documented care matter even more in a heavy-duty truck, where buyers often pay up for confidence.

Vehicles with solid owner satisfaction ratings, like this model year's 4.4/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chevrolet Silverado 2500HD 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:

• 29.0% of listings are priced as good or great deals.
• At 64.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.37% compared with last year.
• Owners rate it 4.4/5 — a solid satisfaction signal.

Consider the 2017 if:

• At $29,996, the 2017 costs more than the current year's $27,889 average.
• It adds an all-new diesel engine with stronger power and torque for harder work.

The bottom line: If you want the better value today, the 2016 is the smarter starting point because pricing has eased and the market still offers a meaningful number of deals. If you’re willing to spend more for a newer truck with a stronger diesel setup, the 2017 is the better secondary path.

How does the 2016 Chevrolet Silverado 2500HD compare to the 2016 Ford F-250 Super Duty?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.