How much does the 2016 Chevrolet Equinox cost?

Prices have softened 5.96% compared to this time last year, making it a favorable time to shop this model year.

There are 2,357 listings available, which suggests solid inventory for comparison shopping.

If you find a listing below $9,458.59, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Equinox a good car?

Generally — the 4.47/5 user rating points to strong owner satisfaction. Owners consistently praise the spacious interior, the useful feature set, and the value for money, and many also like the remote start, backup camera, and comfortable ride. The Equinox’s roomy-crossover packaging makes it a practical fit if you want space and everyday usability without stepping up to a larger SUV. With 28.0% of listings marked as good or great deals, you still have room to shop selectively.

Is the 2016 Chevrolet Equinox reliable?

Owners rate it 4.47/5, a solid signal of long-term satisfaction.

The owner feedback also points to a vehicle that can feel dependable in daily use, with praise for comfort, confidence in tough conditions, and a trouble-free ownership experience for many drivers. That said, the same model year is also associated with engine concerns in higher-mileage examples, so reliability depends heavily on maintenance and condition. For used buyers, the long-term ownership risk is highest when service history is thin or the vehicle has been neglected.

What should I look for when buying a used 2016 Chevrolet Equinox?

At 62.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether any prior damage was repaired properly. Then prioritize a pre-purchase inspection, with extra attention to engine condition, oil consumption signs, and evidence of regular maintenance. Focus on overall condition and service records, because a well-kept example is much safer to buy than one with gaps in its history.

Is now a good time to buy a used 2016 Chevrolet Equinox?

This is a moderate buyer’s market, so you can shop selectively and still find worthwhile options.

• Deal availability: 28.0% of listings are priced as good or great deals.
• Inventory: There are 2,357 listings available.
• Price trend: Prices have softened 5.96% compared with last year.
• Clean inventory: 62.5% of listings are accident-free.

If you find a listing below $9,458.59, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Equinox's resale value?

The current average of $9,480 sits slightly below last year's $10,081.

That price movement suggests the market has cooled, which can help you buy at a better entry point today. For future resale, a lower purchase price can reduce your downside if you keep the vehicle in strong condition and maintain it carefully. Because this model year has a solid owner satisfaction score, demand should remain supported among shoppers who value comfort and space.

Vehicles with solid owner satisfaction ratings, like this model year's 4.47/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chevrolet Equinox 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:

• 28.0% of listings are priced as good or great deals.
• At 62.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.96% compared with last year.
• Owners rate it 4.47/5 — a solid satisfaction signal.

Consider the 2015 if:

• At $8,331, the 2015 costs less than the current year's $9,480 average.
• It offers a straightforward, practical approach to everyday family use.

The bottom line: If you want the stronger overall value signal and are willing to inspect carefully, the 2016 is the better primary target. If your priority is spending less up front, the 2015 is the more budget-friendly path, especially if you find a clean, well-maintained example.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.