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2016 Chevrolet Silverado 1500

2016 Chevrolet Silverado 1500

Truck (Crew Cab)
four wheel drive
regular unleaded
Horsepower
420 hp
MPG Combined
–
MSRP
$53,315
Torque
460 lb-ft
Reliability Score
69/ 100Good
Based on 1,000 NHTSA complaints

Should You Buy a 2016 Chevrolet Silverado 1500?

The 2016 Chevrolet Silverado 1500 is a robust crew cab truck designed for both work and play. With a powerful 5.3L V8 engine producing 355 hp and 383 lb-ft of torque, it offers impressive towing capabilities and a smooth driving experience, especially with its 8-speed shiftable automatic transmission. The four-wheel drive system enhances its off-road performance, making it suitable for various terrains. However, potential buyers should be aware of its average fuel economy of 18.0 MPG combined, which may be a consideration for those looking for efficiency in a truck.

Ideal For

This vehicle is best for individuals or families who need a reliable truck for both work and recreational activities, particularly those who value towing capacity and off-road capability.

Strengths

  • +Strong towing capacity with a powerful V8 engine
  • +Spacious and comfortable crew cab design
  • +Advanced safety features and technology options
  • +Good off-road capabilities with four-wheel drive
  • +Reputation for durability and long-term reliability

Weaknesses

  • -Average fuel economy may not appeal to efficiency-focused buyers
  • -Reported issues with service brakes could be a concern
  • -Higher MSRP compared to some competitors in the segment
  • -Reliability score indicates potential long-term concerns
  • -Interior materials may feel less premium than rivals

Known Issues (NHTSA Data)

While the Silverado 1500 has a reliability score of 68.8/100, it has reported a total of 1,000 complaints to the NHTSA, with notable issues in service brakes, powertrain, and electrical systems. The most common complaints arise around the 20,000 to 80,000-mile range, particularly related to service brakes, which could indicate a need for careful inspection. Despite these concerns, there are no significant NHTSA complaints on record regarding catastrophic failures.

Complaint Patterns by Mileage
SERVICE BRAKES
40000-60000 mi
76 reports
SERVICE BRAKES
60000-80000 mi
33 reports
SERVICE BRAKES
20000-40000 mi
26 reports
POWER TRAIN
0-20000 mi
24 reports
SERVICE BRAKES
0-20000 mi
20 reports
STEERING
20000-40000 mi
19 reports
STEERING
40000-60000 mi
18 reports
UNKNOWN OR OTHER
0-20000 mi
16 reports
Top Complaint Areas
SERVICE BRAKES25% of complaints
POWER TRAIN18% of complaints
ELECTRICAL SYSTEM11% of complaints
STEERING10% of complaints
UNKNOWN OR OTHER8% of complaints

Performance

Horsepower
420 hp
Torque
460 lb-ft
Engine
6.2 L
Cylinders
V8
Transmission
8-speed shiftable automatic
Drive Type
four wheel drive

Efficiency

MPG Combined
–
Fuel Type
regular unleaded

Dimensions

Length
201.2 in
Width
79.9 in
Height
74 in
Wheelbase
118.9 in
Curb Weight
4,522 lbs
Ground Clearance
–

Capacity

Doors
4
Seating
5
Cargo
–
Max Cargo
–
Max Towing
–
Max Payload
–

ddpc Estimated Value

$21,908
$18,622 – $25,194
59% from MSRP
Original MSRP: $53,315
Depreciation Over Time
New
5yr
10yr
15yr
ddpc Estimate based on original MSRP, standard depreciation curves, vehicle class, and NHTSA reliability data. Not a substitute for professional appraisal. Actual value depends on condition, mileage, location, and market conditions.

Estimated Cost of Ownership

Estimated Annual Cost
$7,679
Per Mile
$0.64
5-Year Total
$69,802
Fuel
$2,333/yr
Maintenance
$750/yr
Insurance
$4,596/yr
Depreciation
$6,281/yr
Based on industry-standard estimates for this vehicle class. Fuel cost assumes 12,000 mi/yr at national average gas prices. Maintenance uses class-based intervals, not manufacturer-specific schedules. Actual costs vary by location, driving habits, and vehicle condition.

Available Trims (10)

Silverado 1500
High Country 4dr Crew Cab 4WD 6.5 ft. SB (5.3L 8cyl 8A)
420 hp
four wheel drive
$53,315
Silverado 1500
LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)
420 hp
four wheel drive
$46,835
Silverado 1500
LS 4dr Double Cab 4WD SB (4.3L 6cyl 6A)
355 hp
four wheel drive
$36,850
Silverado 1500
LS 2dr Regular Cab LB (4.3L 6cyl 6A)
355 hp
rear wheel drive
$29,510
Silverado 1500
Z71 LTZ 4dr Crew Cab 4WD 5.8 ft. SB (5.3L 8cyl 8A)
420 hp
four wheel drive
$48,200
Silverado 1500
LT 4dr Double Cab 4WD SB (4.3L 6cyl 6A)
355 hp
four wheel drive
$39,275
Silverado 1500
High Country 4dr Crew Cab 6.5 ft. SB (5.3L 8cyl 8A)
420 hp
rear wheel drive
$50,040
Silverado 1500
Custom 4dr Double Cab SB (4.3L 6cyl 6A)
355 hp
rear wheel drive
$32,955
Silverado 1500
LTZ 4dr Crew Cab 5.8 ft. SB (5.3L 8cyl 8A)
420 hp
rear wheel drive
$43,710
Silverado 1500
Custom 4dr Double Cab 4WD SB (4.3L 6cyl 6A)
355 hp
four wheel drive
$36,935

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