How much does the 2016 GMC Sierra 1500 cost?

Prices have softened 7.79% compared to this time last year, making it a favorable time to shop this model year.

There are 2,411 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $20,656.38, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 GMC Sierra 1500 a good car?

Generally — the 4.25/5 user rating points to strong owner satisfaction. Owners consistently praise its comfort, features, and smooth ride, and many also like the upscale Denali trim and thoughtful design touches. The truck’s broad appeal comes through in its ability to serve as both a capable work truck and a more polished daily driver, which fits well if you want utility without giving up cabin refinement. With 24.6% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2016 GMC Sierra 1500 reliable?

Owners rate it 4.25/5, a solid signal of long-term satisfaction.

Owner feedback also points to dependable comfort and a truck that many drivers feel performs better than expected in everyday use. At the same time, some owners mention reliability concerns with the air conditioning and transmission, so you should weigh maintenance history carefully. For used buyers, that means long-term ownership risk is manageable, but only if you verify how the truck has been maintained.

What should I look for when buying a used 2016 GMC Sierra 1500?

At 65% 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 for transmission behavior, cooling-system operation, and overall mechanical condition. Because this model year can be bought in many different configurations, focus on how the specific truck was used and whether its condition matches the asking price.

Is now a good time to buy a used 2016 GMC Sierra 1500?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 24.6% of listings are priced as good or great deals.
• Inventory: There are 2,411 listings available.
• Price trend: Prices have softened 7.79% compared with last year.
• Clean inventory: 65.0% of listings are accident-free.

If you find a listing below $20,656.38, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 GMC Sierra 1500's resale value?

The current average of $20,766 sits slightly below last year's $22,519.

That price movement suggests the market has already adjusted downward, which can help you buy more confidently now but may temper short-term appreciation if you plan to resell soon. For a future seller, the key is to buy well and keep the truck in strong condition so you preserve as much value as possible. Trucks with broad appeal and strong owner satisfaction tend to stay easier to move when it’s time to sell.

Vehicles with solid owner satisfaction ratings, like this model year's 4.25/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 GMC Sierra 1500 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:

• 24.6% of listings are priced as good or great deals.
• At 65% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 7.79% compared with last year.
• Owners rate it 4.25/5 — a solid satisfaction signal.

Consider the 2015 if:

• At $19,351, the 2015 costs less than the current year's $20,766 average.
• It offers a smart cabin with a polished, user-friendly feel.

The bottom line: You should lean toward the 2016 if you want the stronger current-market balance of price, inventory, and owner satisfaction. If your priority is spending less upfront, the 2015 is the better value-focused alternative, especially if you find one in excellent condition with a clean history.

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