How much does the 2016 Chevrolet Silverado 2500HD cost?

Prices have softened 2.21% compared to this time last year, making it a favorable time to shop this model year.

There are 1,463 listings available, which suggests a healthy amount of inventory to compare.

If you find a listing below $28,670.55, 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. For you, that means it fits best if you want a capable workhorse that still brings enough comfort and equipment for everyday use. 22.9% of listings are priced as good or great deals, so there is 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.

Owner feedback highlights heavy-duty performance, overall build quality, and Duramax engine performance, while also noting some minor cosmetic issues and wear on used examples. That mix suggests the truck can be a dependable long-term choice, but used buyers should still watch for signs of hard use and deferred maintenance.

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

At 66.5% 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 examples from trucks with prior damage. Then prioritize a thorough pre-purchase inspection, especially if the truck was used for towing, hauling, or other demanding work. Focus on overall condition, maintenance records, and signs of wear that can reveal how hard the truck has been used.

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

This is a moderate, selective buyer's market, so you can shop carefully without expecting every listing to be a bargain.

• Deal availability: 22.9% of listings are priced as good or great deals.
• Inventory: There are 1,463 listings available.
• Price trend: Prices have softened 2.21% compared with last year.
• Clean inventory: 66.5% of listings are accident-free.

If you find a listing below $28,670.55, 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 $28,653 sits slightly below last year's $29,301.

That price movement suggests the market has eased a bit, which can help you buy more selectively now. For a future seller, it also means resale value may depend more on condition, mileage, and maintenance history than on broad market momentum. Trucks that present well and show clear care tend to hold buyer interest better when the market softens.

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:

• 22.9% of listings are priced as good or great deals.
• At 66.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 2.21% compared with last year.
• Owners rate it 4.4/5 — a solid satisfaction signal.

Consider the 2017 if:

• At $30,438, the 2017 costs more than the current year's $28,653 average.
• It brings an all-new diesel engine with impressive 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 are willing to pay more for the next year’s updated diesel powertrain, the 2017 is the better secondary path for buyers who prioritize newer capability over upfront savings.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.