Used 2016 Chevrolet Equinox for Sale near Chicago, IL
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CarGurus Analysis:
2016 Chevrolet Equinox
With 293 currently listed for sale near Chicago, IL and an average price of $8,983.00, 25.3% of 2016 Chevrolet Equinox models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Chevrolet Equinox 4.47 / 5 stars.
79.5% of 2016 Equinox models on CarGurus are accident free.
The 2016 Chevrolet Equinox is known for its spacious interior, array of features, and overall good value for money. Many owners appreciate the remote start and backup camera, though some feel the engine power could be improved, particularly on steep hills.
CarGurus Analysis: 2016 Chevrolet Equinox
Summary
With 293 currently listed for sale near Chicago, IL and an average price of $8,983.00, 25.3% of 2016 Chevrolet Equinox models for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Chevrolet Equinox 4.47 / 5 stars.
79.5% of 2016 Equinox models on CarGurus are accident free.
The 2016 Chevrolet Equinox is known for its spacious interior, array of features, and overall good value for money. Many owners appreciate the remote start and backup camera, though some feel the engine power could be improved, particularly on steep hills.
Why it stands out
The 2016 Chevrolet Equinox distinguishes itself as a compact crossover that strikes a balance between comfort and functionality. It boasts a spacious interior, making it popular among families and individuals who need extra room without sacrificing driving ease. Some standout features include remote start and a backup camera, which enhance usability in daily situations. While the vehicle offers a comfortable ride and comes with good safety ratings, potential buyers should be aware that some owners have reported a lack of power when navigating hilly terrains. Nevertheless, with its reasonable pricing and strong user reviews, the 2016 Equinox remains a competitive choice in the compact SUV market.
Other model years to consider
- Average price: $23,390.00
- Good/great deal percentage: 69.6%
- User rating: 5 / 5
- Total listings: 424
- Average price: $21,739.00
- Good/great deal percentage: 76.2%
- User rating: 5 / 5
- Total listings: 470
- Average price: $9,954.00
- Good/great deal percentage: 25.8%
- User rating: 4.79 / 5
- Total listings: 356
This analysis is based on CarGurus' proprietary market data from May 26, 2026, CarGurus experts' opinions, and generative AI.
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4.5 Overall rating
Filter by rating
Layne L
Reviewed a 2016 Chevrolet LS FWD on Aug 23, 2025
Great car!! Missing Bluetooth for full audio, can only take calls, but otherwise great
Mark W
Reviewed a 2016 Chevrolet Equinox on Mar 2, 2026
It has decent pickup on the highway and I’m getting almost 30 mpg.
Tiffany S
Reviewed a 2016 Chevrolet LT AWD on Dec 13, 2025
I have only had this vehicle for a week. I’ve driven it 4 times with less than 15 miles each time, except for the 1 1/2 hour drive home from the dealership after purchasing it. I am very happy with it so far, as I have previously owned a Chevy Equinox but it was a 2011. The 2016 model has many new features which I am super excited about! The price was higher than I would have liked to pay but everything is with the way the economy is now! All in all, it’s a great vehicle, and I recommend this particular year, for it’s rated one of the better years with the least amount of complaints of expensive issues!
Melissa W
Reviewed a 2016 Chevrolet Equinox on Feb 28, 2021
Absolutely amazing! Very smooth ride. Many features! Worth every penny! The remote start and touch screen are my favorite features! I recommend this beautiful vehicle to anyone!
2016 Chevrolet Equinox Trims
| Trim type | MSRP |
|---|---|
| L FWD | $22,600 |
| LS FWD | $25,410 |
| LS AWD | $27,160 |
| LT FWD | $26,650 |
| LT AWD | $28,400 |
| LTZ FWD | $29,940 |
| LTZ AWD | $31,690 |
2016 Chevrolet Equinox Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Chevrolet Equinox prices has changed over time.
See more price trends2016 Chevrolet Equinox Pricing Analysis: Chicago, IL Market Report
Pricing by Nearby Locations
Market Area: Chicago, IL
Key Insights
- Lowest Prices in Kenosha, WI: The city offers the most competitive average price at $8,565, suggesting ample inventory or strong competition among sellers.
- Highest Prices in Lafayette, IN: Averaging $10,703, Lafayette likely faces lower supply or higher demand for used Equinox models.
- Inventory vs. Pricing Relationship: Cities like Palatine, IL (295 listings) and Rockford, IL (210 listings) maintain average prices around the middle range of $8,865 and $10,362, respectively, indicating that higher inventory helps stabilize prices.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 295 | $8,865 |
| Aurora, IL | 289 | $9,238 |
| Kenosha, WI | 259 | $8,565 |
| South Bend, IN | 239 | $9,826 |
| Rockford, IL | 210 | $10,362 |
| Milwaukee, WI | 249 | $8,185 |
| Janesville, WI | 216 | $9,903 |
| Holland, MI | 233 | $8,791 |
| Kalamazoo, MI | 237 | $9,752 |
| Lafayette, IN | 234 | $10,703 |
Pricing by Trim Packages
Key Insights
- Most Listings from LT FWD: With 207 listings, the LT FWD trim is the most readily available, reflecting significant market demand for this configuration.
- Price Variance Among Trims: The trims vary significantly in MSRP, with the LTZ AWD at $31,690, indicating a premium for added features and drivetrain options.
- AWD Trims Offer Higher MSRP: The LT AWD trim priced at $28,400 appeals to buyers seeking all-weather capability while still being more affordable than the high-end LTZ variants.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| LT FWD | 207 | $26,650 | FWD | 2.4L 182 hp I4 |
| LT AWD | 134 | $28,400 | AWD | 2.4L 182 hp I4 |
| LS FWD | 91 | $25,410 | FWD | 2.4L 182 hp I4 |
| LS AWD | 31 | $27,160 | AWD | 2.4L 182 hp I4 |
| LTZ AWD | 29 | $31,690 | AWD | 2.4L 182 hp I4 |
| LTZ FWD | 30 | $29,940 | FWD | 2.4L 182 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Strong Inclusion of Recent Models: The 2026 model shows a minor increase over MSRP at $29,101, indicating sustained interest and limited depreciation for new vehicles.
- Notable Depreciation Beyond 3 Years: The 2019 Equinox averages $14,134, reflecting significant depreciation of ~40.5% from its starting MSRP of $23,800.
- Affordable Options for Older Models: Vehicles from 2015 showcase the steepest declines, with average prices at $6,637, making them budget-friendly entries for cost-conscious buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 | $28,800 | $29,101 | +1.0% |
| 2025 | $28,600 | $26,134 | -8.6% |
| 2024 | $26,600 | $23,311 | -12.6% |
| 2023 | $26,600 | $21,715 | -18.5% |
| 2022 | $26,050 | $19,529 | -25.0% |
| 2021 | $23,800 | $16,993 | -28.6% |
| 2020 | $23,800 | $14,728 | -38.2% |
| 2019 | $23,800 | $14,134 | -40.5% |
| 2018 | $23,580 | $12,416 | -47.3% |
| 2017 | $23,100 | $10,005 | -56.7% |
| 2015 | $22,120 | $6,637 | -70.0% |
These recommendations are based on CarGurus' proprietary market data from May 28, 2026, CarGurus experts' opinions, and generative AI.
