How much does the 2016 Chevrolet Silverado 3500HD cost?

Prices have softened 4.50% compared to this time last year, making it a favorable time to shop this model year.

There are 489 listings available, which gives you a meaningful amount of inventory to compare across trims and configurations.

If you find a listing below $32,596.61, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Silverado 3500HD a good car?

The 2016 Chevrolet Silverado 3500HD stands out as a heavy-duty truck that blends serious capability with a more modern, usable feel than earlier versions. Chevrolet gave it its own styling, distinct from the Silverado 1500, and the 2016 model also benefited from a facelift that brought a larger standard touchscreen and Chevrolet’s MyLink infotainment system.

It was one of the first HD trucks to offer modern driver-assist features, and by this point the truck could be equipped with lane departure warnings and forward collision alerts, along with available OnStar and a 4G LTE Wi-Fi hotspot. That combination of work-truck toughness and useful tech is a big part of its appeal.

For you, that means this model makes the most sense if you want a heavy-duty truck that can still feel reasonably up to date in daily use. 26.8% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2016 Chevrolet Silverado 3500HD reliable?

The 2016 Chevrolet Silverado 3500HD is described as generally reliable and trouble-free when maintained. It also benefits from a straightforward heavy-duty formula, with proven gas and diesel engine choices and a focus on capability over complexity.

At the same time, the cabin can be basic, especially compared with rivals, and fuel economy is only average. For used buyers, the main long-term ownership risk is less about luxury features and more about how hard the truck was worked and how consistently it was maintained.

What should I look for when buying a used 2016 Chevrolet Silverado 3500HD?

At 68.9% 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. Then prioritize a pre-purchase inspection that focuses on frame condition, suspension wear, towing-related stress, and signs of uneven bodywork or paint mismatch.

Because this is a heavy-duty truck, condition matters as much as mileage. A clean, well-maintained example is usually the better buy than a cheaper truck with unclear history.

Is now a good time to buy a used 2016 Chevrolet Silverado 3500HD?

This is a moderate, selective buyer’s market, so you can shop patiently while still finding worthwhile listings.

• Deal availability: 26.8% of listings are priced as good or great deals.
• Inventory: There are 489 listings available.
• Price trend: Prices have softened 4.50% compared with last year.
• Clean inventory: 68.9% of listings are accident-free.

If you find a listing below $32,596.61, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Silverado 3500HD's resale value?

The current average of $33,135 sits slightly below last year's $34,697.

That price movement suggests the market has eased a bit, which can help you buy more confidently now. For a future seller, it also means resale value is still supported by the truck’s heavy-duty capability, but you should expect pricing to depend heavily on condition, history, and configuration.

If you keep the truck well maintained and avoid hard-use wear, you’ll be in a stronger position when it’s time to sell. Clean history and strong equipment will matter more than simply having the model year on the title.

Should I buy a 2016 Chevrolet Silverado 3500HD 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:

• 26.8% of listings are priced as good or great deals.
• At 68.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 4.50% compared with last year.

The bottom line: The 2016 Silverado 3500HD is a strong choice if you want a heavy-duty truck with serious towing ability and a more modern feel than older versions. If your priority is getting the best value, this year looks appealing because prices have softened and there’s enough inventory to compare options carefully. If you’re especially price-sensitive, you may want to widen your search to nearby years and focus on the cleanest, best-documented truck rather than chasing the lowest sticker price.

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