How much does the 2016 Chevrolet Silverado 2500HD cost?

Prices have softened 2.09% compared to this time last year, making it a favorable time to shop this model year.

There are 1,502 listings available, which suggests you have a meaningful amount of inventory to compare.

If you find a listing below $28,821.84, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Silverado 2500HD a good car?

Generally — the 4.4/5 user rating points to strong owner satisfaction for this heavy-duty truck. Owners consistently praise its towing and hauling capability, and many also like the overall build quality and the features it offers. The overview also fits that use case well: you’re looking at a truck aimed at serious capability, but with enough cabin comfort and equipment to work as a daily driver too. With 27.8% 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 user feedback points to a truck that feels dependable in day-to-day heavy-duty use, with owners highlighting its heavy-duty performance and overall build quality. That said, some shoppers mention minor cosmetic issues and wear on used examples, so condition matters as much as mileage. For long-term ownership, your biggest risk is buying a truck that has been worked hard without proper maintenance or inspection.

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

At 65.2% 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 collision records or repeated claims. After that, prioritize a thorough pre-purchase inspection, especially on suspension, drivetrain, and signs of heavy towing or work use. Focus on overall condition, because cosmetic wear and hard-use evidence can tell you a lot about how the truck was treated.

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 carefully without expecting a deep bargain on every listing.

• Deal availability: 27.8% of listings are priced as good or great deals.
• Inventory: There are 1,502 listings available.
• Price trend: Prices have softened 2.09% compared with last year.
• Clean inventory: 65.2% of listings are accident-free.

If you find a listing below $28,821.84, 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 $28,816 sits slightly below last year's $29,431.

That price movement suggests the market has eased a bit, which can help you as a buyer now but may temper short-term upside if you plan to resell soon. Even so, a truck with strong owner satisfaction and broad appeal in the heavy-duty segment can still hold demand well when it’s clean and well maintained. If you keep mileage, condition, and service history in good shape, you should be in a better position when it’s time to sell.

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:

• 27.8% of listings are priced as good or great deals.
• At 65.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 2.09% compared with last year.
• Owners rate it 4.4/5 — a solid satisfaction signal.

Consider the 2017 if:

• At $30,550, the 2017 costs more than the current year's $28,816 average.
• It adds an all-new diesel engine with more power and torque.

The bottom line: If you want the better value play, the 2016 is the stronger starting point because it combines a lower average price with solid owner satisfaction. If you’re willing to spend more for the newer truck and its upgraded diesel setup, the 2017 is the better secondary path for buyers who prioritize the latest powertrain.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.