Used 2016 Chevrolet Corvette for Sale near Arkansas
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 6.2L V8
- Exterior color:
- Corvette Racing Yellow Tintcoat
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- 7-Speed Manual
- Mileage:
- 30,699
- Stock #:
- H5117324
- VIN:
- 1G1YV2D78H5117324

-$4,995

Sponsored by Chris Crain Dodge Jeep Ram
2017 Chevrolet Corvette
Grand Sport 1LT Coupe RWD
30,699 mi
$60,124
$55,129
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Torch Red
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- ADRENALINE RED, PERFORATED MULAN LEATHER SEATING S
- Transmission:
- Automatic
- Mileage:
- 23,073
- Stock #:
- 27011A
- VIN:
- 1G1YB2D79G5103682

Sponsored Listing
2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
23,073 mi
$42,214
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 650 hp 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 7-Speed Manual
- Mileage:
- 30,918
- Stock #:
- U01156
- VIN:
- 1G1YT2D69F5601156

Sponsored Listing
2015 Chevrolet Corvette
Z06 3LZ Coupe RWD
30,918 mi
$72,855
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Torch Red
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- ADRENALINE RED, PERFORATED MULAN LEATHER SEATING S
- Transmission:
- Automatic
- Mileage:
- 23,073
- Stock #:
- 27011A
- VIN:
- 1G1YB2D79G5103682

2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
23,073 mi
$42,214
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 6.2L V8
- Exterior color:
- Corvette Racing Yellow Tintcoat
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- 7-Speed Manual
- Mileage:
- 30,699
- Stock #:
- H5117324
- VIN:
- 1G1YV2D78H5117324

-$4,995
2017 Chevrolet Corvette
Grand Sport 1LT Coupe RWD
30,699 mi
$60,124
$55,129
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 41,932
- Stock #:
- C468926AA
- VIN:
- 1G1YD2D77H5123649

2017 Chevrolet Corvette
Stingray 2LT Coupe RWD
41,932 mi
$45,452
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- [G8G] Arctic White
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 33,917
- Stock #:
- 3738
- VIN:
- 1G1YB2D7XH5122145
![[G8G] Arctic White 2017 Chevrolet Corvette Coupe Rear-Wheel Drive Automatic](https://static.cargurus.com/images/forsale/2026/09/25/10/53/2017_chevrolet_corvette-pic-5239923069421302528-1024x768.jpeg?io=true&width=640&height=480&fit=bounds&format=jpg&auto=webp)
2017 Chevrolet Corvette
Stingray 1LT Coupe RWD
33,917 mi
$42,583
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 12,658
- Stock #:
- 10759P
- VIN:
- 1G1YD2D77G5109488

-$1,000
2016 Chevrolet Corvette
Stingray 2LT Coupe RWD
12,658 mi
$50,549
$49,548
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 460 hp 6.2L V8
- Exterior color:
- Watkins Glen Gray
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 29,347
- Stock #:
- 100423
- VIN:
- 1G1YY2D73H5100423

2017 Chevrolet Corvette
Grand Sport 2LT Coupe RWD
29,347 mi
$56,736
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 650 hp 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 7-Speed Manual
- Mileage:
- 30,918
- Stock #:
- U01156
- VIN:
- 1G1YT2D69F5601156

2015 Chevrolet Corvette
Z06 3LZ Coupe RWD
30,918 mi
$72,855
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- JET BLACK
- Transmission:
- Automatic
- Mileage:
- 77,333
- Stock #:
- T12211
- VIN:
- 1G1YM2D73F5112211

2015 Chevrolet Corvette
Stingray Z51 3LT Coupe RWD
77,333 mi
$40,021
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Transmission:
- 8-Speed Automatic
- Mileage:
- 84,020
- Stock #:
- NEW121777
- VIN:
- 1G1YB2D70G5121777

2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
84,020 mi
$34,738
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Torch Red
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 33,062
- Stock #:
- G5112580P
- VIN:
- 1G1YD2D7XG5112580

2016 Chevrolet Corvette
Stingray 2LT Coupe RWD
33,062 mi
$45,837
CarGurus Analysis:
2016 Chevrolet Corvette
With 1,095 currently listed for sale and an average price of $55,441, 32.0% of 2016 Chevrolet Corvettes for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Chevrolet Corvette 4.94 / 5 stars and CarGurus experts gave it an 8.5 / 10.
73.3% of 2016 Corvette models on CarGurus are accident free.
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Blade Silver Metallic
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Adrenaline Red
- Transmission:
- Automatic
- Mileage:
- 77,714
- Stock #:
- 100063
- VIN:
- 1G1YK2D71F5100063

2015 Chevrolet Corvette
Stingray Z51 2LT Coupe RWD
77,714 mi
$39,538
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Red (Maroon)
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 30,695
- Stock #:
- C18745
- VIN:
- 1G1YB2D73H5118745

2017 Chevrolet Corvette
Stingray 1LT Coupe RWD
30,695 mi
$40,158
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Blade Silver Metallic
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 31,333
- Stock #:
- AC1217
- VIN:
- 1G1YB2D79G5121924

2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
31,333 mi
$41,697
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- White
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Red
- Transmission:
- 8-Speed Automatic
- Mileage:
- 61,373
- Stock #:
- 1192
- VIN:
- 1G1YM2D73F5112192

2015 Chevrolet Corvette
Stingray Z51 3LT Coupe RWD
61,373 mi
$39,891
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Red
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 32,023
- Stock #:
- 104640
- VIN:
- 1G1YB2D79G5104640

2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
32,023 mi
$43,349
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Red
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 8-Speed Automatic
- Mileage:
- 70,600
- Stock #:
- 116917-AAM
- VIN:
- 1G1YB2D79G5116917

2016 Chevrolet Corvette
Stingray 1LT Coupe RWD
70,600 mi
$38,156
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Gray
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown
- Transmission:
- Automatic
- Mileage:
- 26,918
- Stock #:
- 32407R
- VIN:
- 1G1YD2D74G5118536

2016 Chevrolet Corvette
Stingray 2LT Coupe RWD
26,918 mi
$47,368
- Year:
- 2015
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Shark Gray Metallic
- Combined gas mileage:
- 22 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 38,239
- Stock #:
- 1149
- VIN:
- 1G1YK2D7XF5103303

2015 Chevrolet Corvette
Stingray Z51 2LT Coupe RWD
38,239 mi
$42,656
- Year:
- 2016
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 650 hp 6.2L V8
- Combined gas mileage:
- 18 MPG
- Fuel type:
- Gasoline
- Transmission:
- Automatic
- Mileage:
- 48,214
- Stock #:
- G5605402
- VIN:
- 1G1YS2D61G5605402

2016 Chevrolet Corvette
Z06 2LZ Coupe RWD
48,214 mi
$63,408
- Year:
- 2017
- Make:
- Chevrolet
- Model:
- Corvette
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 6.2L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 41,932
- Stock #:
- C468926AA
- VIN:
- 1G1YD2D77H5123649

Sponsored Listing
2017 Chevrolet Corvette
Stingray 2LT Coupe RWD
41,932 mi
$45,452
CarGurus Analysis: 2016 Chevrolet Corvette
overall

Summary
With 1,095 currently listed for sale and an average price of $55,441, 32.0% of 2016 Chevrolet Corvettes for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Chevrolet Corvette 4.94 / 5 stars and CarGurus experts gave it an 8.5 / 10.
73.3% of 2016 Corvette models on CarGurus are accident free.
Why it stands out
The 2016 Chevrolet Corvette stands out as a true American sports car with a mix of futuristic and nostalgic styling, a significantly updated interior, and performance that is described as blinding. It is presented as the kind of car buyers may wish they had purchased before an era like this passed, which underscores how special it feels in the moment.
What makes it especially appealing is how far its capability can go when equipped with optional cooling, adaptive suspension, and bigger brakes. In that form, it can seriously play with cars that cost three times as much. At the same time, the car’s strengths are centered on performance and style, so buyers looking at a used example should pay close attention to condition and equipment, since owner feedback also points to the importance of finding one that has been well cared for.
Other model years to consider
- Average price: $62,934
- Good/great deal percentage: 36.4%
- User rating: 4.84 / 5
- Total listings: 1,153
- Average price: $67,827
- Good/great deal percentage: 35.7%
- User rating: 4.85 / 5
- Total listings: 1,983
- Average price: $77,803
- Good/great deal percentage: 34.9%
- User rating: 4.77 / 5
- Total listings: 2,421
This analysis is based on CarGurus' proprietary market data from September 28, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
5.0 Overall rating
Filter by rating
Onel G
Reviewed a 2016 Chevrolet Stingray Z51 3LT Coupe RWD on Jun 29, 2025
Beautiful car! A blast to drive. Miles of fun! The features on this card add great comfort to the overall driving experience.
Sean R
Reviewed a 2016 Chevrolet Corvette on Nov 29, 2024
The car was absolutely amazing. However it did have some areas that were not disclosed as damaged. Overall they were good people.
Michael S
Reviewed a 2016 Chevrolet Corvette on Oct 18, 2024
The C7 is a dramatic improvement over the C6. The interior is much more refined. The handling and acceleration are also much better. Ive owned a C5 and C6, they simply dont compare.
Bryant W
Reviewed a 2016 Chevrolet Corvette on Oct 31, 2024
Really nice car it would be nice if it was a manual
2016 Chevrolet Corvette Trims
| Trim type | MSRP |
|---|---|
| Stingray 3LT Coupe RWD | $65,145 |
| Z06 3LZ Convertible RWD | $92,345 |
| Z06 2LZ Coupe RWD | $82,965 |
| Stingray 2LT Coupe RWD | $59,855 |
| Stingray 1LT Coupe RWD | $55,400 |
| Stingray Z51 3LT Coupe RWD | $70,145 |
| Stingray Z51 2LT Coupe RWD | $64,855 |
| Z06 3LZ Coupe RWD | $88,345 |
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2016 Chevrolet Corvette Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Chevrolet Corvette prices has changed over time.
See more price trends2016 Chevrolet Corvette Pricing Analysis
Pricing by Popular US Cities
Market Area: Nationwide
Key Insights
- Highest Prices in Chicago: The city of Chicago, IL ($65,504) has the highest average price, likely reflecting a strong demand for performance vehicles in urban areas.
- Lowest Prices in Washington, DC: Conversely, Washington, DC ($45,955) offers the lowest average price, suggesting a more price-sensitive market or higher inventory turnover.
- Inventory Variation: Cities like Dallas (293 listings) and Philadelphia (275 listings) show a healthy inventory, which may contribute to more competitive pricing around the national average.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Chicago, IL | 288 | $65,504 |
| New York, NY | 260 | $60,060 |
| Philadelphia, PA | 275 | $62,275 |
| Miami, FL | 254 | $57,407 |
| Houston, TX | 288 | $59,881 |
| Atlanta, GA | 287 | $52,255 |
| Boston, MA | 246 | $55,094 |
| Los Angeles, CA | 241 | $55,144 |
| Dallas, TX | 293 | $54,854 |
| Washington, DC | 271 | $45,955 |
Pricing by Trim Packages
Key Insights
- Stingray 2LT Coupe RWD is Most Common: The Stingray 2LT Coupe RWD leads in inventory with 968 listings, indicating strong demand for this trim.
- Price Range Across Trims: The trims range from $55,400 (Stingray 1LT Coupe RWD) to $92,345 (Z06 3LZ Convertible RWD), highlighting a significant price spread that caters to different buyer preferences.
- Consistent Drivetrain: All trims feature a RWD drivetrain, which is typical for sports cars, emphasizing performance over utility.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Stingray 2LT Coupe RWD | 968 | $59,855 | RWD | 6.2L 455 hp V8 |
| Stingray 1LT Coupe RWD | 877 | $55,400 | RWD | 6.2L 455 hp V8 |
| Stingray 3LT Coupe RWD | 720 | $65,145 | RWD | 6.2L 455 hp V8 |
| Stingray 3LT Convertible RWD | 677 | $69,145 | RWD | 6.2L 455 hp V8 |
| Stingray 2LT Convertible RWD | 521 | $63,855 | RWD | 6.2L 455 hp V8 |
| Z06 3LZ Coupe RWD | 407 | $88,345 | RWD | 6.2L 650 hp V8 |
| Z06 3LZ Convertible RWD | 306 | $92,345 | RWD | 6.2L 650 hp V8 |
| Stingray Z51 3LT Coupe RWD | 198 | $70,145 | RWD | 6.2L 455 hp V8 |
Pricing Analysis by Model Year
Key Insights
- Significant Premium for Newer Models: The 2027 Chevrolet Corvette is priced at $180,665, reflecting a 154.3% increase over its original MSRP, indicating high demand for the latest models.
- Depreciation Trends: Older models, such as the 2015 Chevrolet Corvette, show a depreciation of -6.4%, while newer models maintain higher values, suggesting a strong market for recent vehicles.
- Best Value in 2022 Models: The 2022 Chevrolet Corvette is priced at $69,151, which is -11.5% below its MSRP, making it a potentially attractive option for buyers looking for value.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2027 Chevrolet Corvette | $71,000 | $180,665 | +154.3% |
| 2026 Chevrolet Corvette | $70,000 | $113,722 | +62.5% |
| 2025 Chevrolet Corvette | $68,300 | $99,811 | +46.1% |
| 2024 Chevrolet Corvette | $68,300 | $85,103 | +24.5% |
| 2023 Chevrolet Corvette | $64,500 | $79,474 | +23.2% |
| 2022 Chevrolet Corvette | $60,900 | $69,151 | -11.5% |
| 2021 Chevrolet Corvette | $59,900 | $65,665 | +9.4% |
| 2020 Chevrolet Corvette | $58,900 | $63,896 | +8.5% |
| 2019 Chevrolet Corvette | $55,900 | $82,236 | +47.3% |
| 2018 Chevrolet Corvette | $55,495 | $64,353 | +15.9% |
| 2017 Chevrolet Corvette | $55,450 | $58,813 | +6.3% |
| 2015 Chevrolet Corvette | $55,000 | $51,762 | -6.4% |
These recommendations are based on CarGurus' proprietary market data from September 23, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2016 Chevrolet Corvette cost?
| Metric | Value |
|---|---|
| Current Average Price | $55,367 |
| Year-Round Low | $54,083 |
| Year-Round High | $57,267 |
| Average Price a Year Ago | $56,883 |
| Change vs. Last Year | −2.67% |
Prices have softened 2.67% compared to this time last year, making it a favorable time to shop this model year.
There are 1,082 listings available, which gives you a solid amount of inventory to compare before you buy.
Is the 2016 Chevrolet Corvette a good car?
Yes — the 2016 Chevrolet Corvette earns a 4.94/5 user rating and an 8.5/10 expert rating. The standout strength is Performance at 10/10.
Owners consistently praise its exceptional performance, strong value for money, sleek design, and modern interior features. That lines up with the car’s use-case as a performance-first sports car with a significantly updated cabin and a focus on style and speed. If you want a used sports car that feels special and delivers serious capability, this model year fits that brief well. The market also shows 32.3% of listings as good or great deals, which suggests there are worthwhile opportunities if you shop carefully.
Is the 2016 Chevrolet Corvette reliable?
Owners rate it 4.94/5, a strong signal of long-term satisfaction.
User feedback points to a car that owners feel good about living with, and the review summary emphasizes exceptional performance, value for money, and a design that continues to impress. The expert evaluation also highlights the Corvette’s strong performance and its ability to deliver serious capability without feeling out of place in daily use. The powertrain’s direct injection and cylinder deactivation add a bit of efficiency to the mix, which supports the idea that this is a car you can count on for more than just weekend thrills.
For used buyers, the main long-term ownership risk is less about the car’s core appeal and more about finding one that has been well cared for, since condition and maintenance history matter a lot on a performance car like this.
What should I look for when buying a used 2016 Chevrolet Corvette?
At 73.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
You should start with a vehicle history report and then prioritize a pre-purchase inspection, especially on cars with performance packages or higher-mileage use. Pay close attention to signs of hard driving, interior wear, and any evidence that the car has not been maintained carefully. Because owner feedback also mentions smoke odor in some used examples, cabin condition is worth checking closely.
Key things to evaluate:
- Trim level: The base 1LT already delivers the Corvette’s core performance and styling, while 2LT adds heated and ventilated seats, curb-view cameras, Bose audio, and a heads-up display. The 3LT adds leather surfaces everywhere, Napa leather seating, navigation, and the Performance Data Recorder, so it suits you best if you want the most upscale cabin and the most track-friendly equipment.
- Powertrain: You get a 6.2-liter pushrod V8 with 455 horsepower and 460 lb-ft of torque, plus either a 7-speed manual or an 8-speed automatic. The engine’s cylinder deactivation adds a bit of fuel-efficiency help, and the car’s tall top gear is meant for highway cruising.
- Safety package: The Corvette comes standard with 4 airbags, side-impact airbags, a protective cell, four-wheel antilock brakes, and electronic stability control. Higher trims add front- and rear-facing cameras to help with parking and backing out.
- Infotainment: Dual 8-inch screens anchor the cabin, and Chevrolet MyLink includes phone, audio, and navigation when equipped. Apple CarPlay is included, Android Auto was to follow later, and OnStar adds connected features such as remote start/stop, diagnostics, maintenance notifications, and emergency assistance.
- Fuel efficiency: The V8 uses cylinder deactivation, and the tall 7th gear is designed for highway cruising, but the car still calls for premium fuel and a lot of tank-filling if you drive it hard.
Which 2016 Chevrolet Corvette trim should I buy?
The 2016 Chevrolet Corvette is offered in 3 trim levels: 1LT, 2LT, 3LT.
Here's the short version:
- 1LT: This is the most straightforward way into the Corvette experience, and it already gives you the core performance, styling, and driver-focused layout. It makes sense if you want the car’s fundamentals without paying for extra comfort or tech.
- 2LT: This is the best-value trim for many shoppers because it adds heated and ventilated seats, curb-view cameras, Bose audio, and a heads-up display. If you want a more livable Corvette without jumping to the top trim, this is the one to target.
- 3LT: Choose this if you want the most luxurious cabin, with leather surfaces everywhere, Napa leather seating, navigation, and the Performance Data Recorder. It’s the right pick if you want the most complete feature set and plan to enjoy the car on road or track.
Higher trims can add front- and rear-facing cameras to assist with parking and backing out.
Is now a good time to buy a used 2016 Chevrolet Corvette?
This is a moderate market for selective buyers, so you can shop with some leverage if you’re patient.
- Deal availability: 32.3% of listings are priced as good or great deals.
- Inventory: There are 1,082 listings available.
- Price trend: Prices have softened 2.67% compared with last year.
- Clean inventory: 73.1% of listings are accident-free.
If you find a listing below $54,083, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2016 Chevrolet Corvette's resale value?
The current average of $55,367 sits slightly below last year's $56,883.
That kind of price movement suggests the market has eased a bit, which can help you buy more confidently now, but it also means future resale gains may be limited unless you choose a particularly desirable example. Well-kept cars with the right equipment should hold up better than rougher or heavily modified ones. If you buy carefully, you can improve your odds of getting a strong return later.
Vehicles with strong owner satisfaction ratings, like this model year's 4.94/5, tend to retain buyer demand, which supports resale value over time.
Is the 2016 Chevrolet Corvette safe?
The Chevrolet Corvette has not been rated by the National Highway Traffic Safety Administration nor the Insurance Institute for Highway Safety.
It earns a 7/10 safety score from our experts.
The Corvette comes standard with 4 airbags, including side-impact airbags and a protective cell, plus four-wheel antilock brakes and electronic stability control. Higher trims add front- and rear-facing cameras to help when parking and backing out. Visibility is limited because of the car’s low stance and small windows, so you should expect some tradeoffs in everyday maneuvering.
Should I buy a 2016 Chevrolet Corvette 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:
- 32.3% of listings are priced as good or great deals.
- At 73.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
- Price trend: Prices have softened 2.67% compared with last year.
- Owners rate it 4.94/5 — a strong satisfaction signal.
- The 2016 stands out for its updated interior, standard Apple CarPlay, and the availability of Magnetic Ride Control across the lineup.
The bottom line: If you want the strongest mix of updated cabin, serious performance, and broad market availability, the 2016 is the one to focus on. If you’re especially price-sensitive, you can still find value here, but you should be selective about condition, equipment, and history so you don’t give up the benefits that make this model year appealing in the first place.
These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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