Used 2016 Chevrolet Silverado 2500HD for Sale nearChicago, IL

How much does the 2016 Chevrolet Silverado 2500HD cost?

Prices have softened 1.92% compared to this time last year, making it a favorable time to shop this model year.

There are 1,514 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 suggests you should feel good about this truck if you want heavy-duty capability with a more polished cabin. Owners consistently praise its towing and hauling ability, its heavy-duty performance, and its overall build quality. They also appreciate the available features, while noting that the interface could use updates and that used examples may show some wear. If you want a capable work truck that still offers comfort and useful equipment, this model year fits that use case well. With 27.0% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 Chevrolet Silverado 2500HD reliable?

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

The owner feedback points to dependable heavy-duty performance and strong build quality, which are encouraging signs if you plan to keep the truck for the long haul. At the same time, some owners mention minor cosmetic issues and wear on used models, so condition matters. For used buyers, the main long-term ownership risk is less about the truck’s core capability and more about finding one that has been maintained carefully.

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

At 65.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can separate clean trucks from those with accident records. After that, prioritize a thorough inspection of the body, frame, and wear items, since heavy-duty trucks often see hard use. Focus on overall condition and signs of work-truck abuse, not just mileage or trim level.

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 shop patiently and still find worthwhile options.

• Deal availability: 27.0% of listings are priced as good or great deals.
• Inventory: There are 1,514 listings available.
• Price trend: Prices have softened 1.92% compared with last year.
• Clean inventory: 65.7% of listings are accident-free.

If you find a listing below $28,514, 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 $28,735 sits slightly below last year's $29,296.

That softer pricing suggests the truck has lost some value recently, which can be good news if you're buying now but less ideal if you're planning to sell soon. Still, the current market shows enough demand to keep values from falling sharply. If you maintain the truck well and keep it in clean condition, you should be in a better position when it comes time to resell.

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:

• 27.0% of listings are priced as good or great deals.
• At 65.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 1.92% compared with last year.
• Owners rate it 4.4/5 — a solid satisfaction signal.

Consider the 2017 if:

• At $30,275, the 2017 costs more than the current year's $28,735 average.
• The 2017 adds an all-new diesel engine with more power and torque.

The bottom line: If you want the better value today, the 2016 is the stronger starting point because it combines a lower average price with solid owner satisfaction and decent deal availability. If you’re willing to pay more for the newer truck’s upgraded diesel and work-focused improvements, the 2017 is the better secondary path for buyers who prioritize those changes over price.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.