Price Analysis

Comprehensive pricing analysis for New 2016 Chevrolet Silverado 1500 LT in Farmington Hills, MI, 48335.

Fair Price

This vehicle is priced at market average. Standard market pricing.

This Vehicle

$24,499

Market Median

$20,999

Difference

17%

Market Sell Time

Fast

34

days (30th percentile)

Typical

59

days (median)

Slow

161

days (70th percentile)

30% of similar vehicles sell within 34 days, while most sell within 59 days

Market Price Range

$24,499

Low

$15,000

Median

$20,999

High

$30,263

Price Distribution Details

30th Percentile (Lower Range)

$18,032

30% of vehicles are priced below this

70th Percentile (Upper Range)

$24,523

70% of vehicles are priced below this

This vehicle is in the 70th percentile for price. It's priced above the typical range.

Analysis based on 10000 similar 2016 Chevrolet Silverado vehicles

Price vs. Mileage Comparison

Compare this vehicle (red) against similar listings (blue)