Used 2016 GMC Sierra 1500 for Sale near Chicago, IL
283 results
CarGurus Analysis:
2016 GMC Sierra 1500
With 273 currently listed for sale near Chicago, IL and an average price of $22,036.00, 16.1% of 2016 GMC Sierras for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 GMC Sierra 1500 4.25 / 5 stars.
67.4% of 2016 GMC Sierra 1500 models on CarGurus are accident free.
The 2016 GMC Sierra 1500 is appreciated for its comfort and smooth ride, particularly highlighted in the luxurious Denali trim.
CarGurus Analysis: 2016 GMC Sierra 1500
Summary
With 273 currently listed for sale near Chicago, IL and an average price of $22,036.00, 16.1% of 2016 GMC Sierras for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 GMC Sierra 1500 4.25 / 5 stars.
67.4% of 2016 GMC Sierra 1500 models on CarGurus are accident free.
The 2016 GMC Sierra 1500 is appreciated for its comfort and smooth ride, particularly highlighted in the luxurious Denali trim.
Why it stands out
The 2016 GMC Sierra 1500 is a notable entry in the full-size pickup truck category, sharing many of its traits with the closely-related Chevrolet Silverado 1500. It stands out due to its upscale design and thoughtful amenities, which cater to both comfort and functionality. Drivers often praise its diverse engine options and trailering capacity, making it a versatile choice for various needs. However, potential buyers should be aware of reliability concerns reported by some owners, particularly regarding the air conditioning and transmission. Despite these issues, the truck's overall performance, luxurious Denali trim, and ease of handling make it a compelling option for truck enthusiasts.
Other model years to consider
- Average price: $53,300.00
- Good/great deal percentage: 29.7%
- User rating: 5 / 5
- Total listings: 757
- Average price: $45,482.00
- Good/great deal percentage: 48.3%
- User rating: 5 / 5
- Total listings: 207
- Average price: $34,434.00
- Good/great deal percentage: 21.2%
- User rating: 4.28 / 5
- Total listings: 562
This analysis is based on CarGurus' proprietary market data from May 19, 2026, CarGurus experts' opinions, and generative AI.
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4.3 Overall rating
Filter by rating
Dave S
Reviewed a 2016 GMC SLT Crew Cab 4WD on Nov 19, 2025
Had good features but seeing it in person...it was more used than the pictures show. So the cost of the vehicle was more than I was going to pay.
Anonymous
Reviewed a 2016 GMC Sierra 1500 on Mar 27, 2021
Vehicle exceeded my expectations . Has every option I could want and the price was outstanding
Helen W
Reviewed a 2016 GMC Sierra 1500 on May 6, 2024
I think price is high for the mileage. Great running truck. Like the features it has. Especially the tail gate locking when you lock the truck.
Serge C
Reviewed a 2016 GMC Sierra 1500 on Jul 12, 2021
Truck is quiet, rides beautifully and seems well put together. Purchased with 101k on it. Hopefully she will give me many years of trouble free miles. Time will tell.
2016 GMC Sierra 1500 Trims
| Trim type | MSRP |
|---|---|
| Base | $27,815 |
| SLE Crew Cab | $39,635 |
| SLT Double Cab 4WD | $45,210 |
| Base Double Cab 4WD | $35,820 |
| SLE Crew Cab 4WD | $43,605 |
| SLE Double Cab 4WD | $41,015 |
| Denali Crew Cab 4WD | $54,340 |
| SLT Crew Cab 4WD | $47,570 |
2016 GMC Sierra 1500 Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 GMC Sierra 1500 prices has changed over time.
See more price trends2016 GMC Sierra 1500 Pricing Analysis: Chicago, IL Market Report
Pricing by Nearby Locations
Market Area: Chicago, IL
Key Insights
- Lowest Prices Found in South Bend, IN: Vehicles in South Bend have the lowest average price at $20,120, indicating potential price sensitivity or higher inventory in the area.
- Highest Pricing in Palatine, IL: Listings in Palatine reach an average of $20,704, likely due to a combination of demand and possibly affluent buyers.
- Stable Inventory Across Markets: Cities such as Aurora (275 listings) and Janesville (239 listings) show high inventory levels while maintaining competitive pricing close to the regional average, suggesting steady demand.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 269 | $20,704 |
| Aurora, IL | 275 | $20,451 |
| Kenosha, WI | 261 | $20,511 |
| South Bend, IN | 255 | $20,120 |
| Rockford, IL | 234 | $22,073 |
| Milwaukee, WI | 244 | $21,565 |
| Janesville, WI | 239 | $22,770 |
| Holland, MI | 238 | $21,223 |
| Kalamazoo, MI | 249 | $21,782 |
| Lafayette, IN | 253 | $20,606 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2026 GMC Sierra 1500 commands a high price of $63,471, reflecting a 66.3% increase from the original MSRP of $38,300, indicating strong demand for new vehicles.
- Steep Depreciation for Older Vehicles: The 2015 model has experienced the most significant depreciation, valued at $16,863, which is -36.4% from its original MSRP.
- Mid-Range Models Provide Better Value: The 2022 Sierra shows a moderate price decline of only -1.2%, making it an attractive option for buyers looking for recent models at better pricing.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $38,300 | $63,471 | +66.3% |
| 2025 | $38,300 | $54,998 | +43.5% |
| 2024 | $37,700 | $49,319 | +30.8% |
| 2023 | $37,100 | $45,697 | +23.2% |
| 2022 | $35,400 | $43,963 | -1.2% |
| 2021 | $30,100 | $36,382 | +20.8% |
| 2020 | $29,600 | $33,905 | +14.5% |
| 2019 | $29,600 | $32,257 | +8.3% |
| 2018 | $29,000 | $25,685 | -11.9% |
| 2017 | $28,405 | $22,482 | -20.9% |
| 2015 | $26,670 | $16,863 | -36.4% |
| 2014 | $26,075 | $15,914 | -38.8% |
These recommendations are based on CarGurus' proprietary market data from May 21, 2026, CarGurus experts' opinions, and generative AI.
