Used 2016 Chevrolet Equinox for Sale nearChicago, IL

How much does the 2016 Chevrolet Equinox cost?

Prices have softened 5.98% compared to this time last year, making it a favorable time to shop this model year.

There are 2,178 listings available, which gives you a solid pool of options to compare.

Is the 2016 Chevrolet Equinox a good car?

Yes — the 2016 Chevrolet Equinox earns a 4.5/5 user rating, which points to strong owner satisfaction. Owners consistently praise the spacious interior, the comfortable ride, and useful features like remote start and the backup camera. That lines up well with its practical compact-crossover role, especially if you want a roomy, value-focused SUV for everyday use. With 30.8% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2016 Chevrolet Equinox reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

User feedback also highlights a dependable-feeling ownership experience, with many drivers describing the Equinox as comfortable and easy to live with over time. The same reviews point to a vehicle that owners can count on for everyday use, especially when comfort and convenience matter most. For used buyers, the main long-term ownership risk is making sure you avoid examples with hidden mechanical issues, since a careful inspection matters more here than on many rivals.

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

At 61.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report and confirm whether the car has any accident, title, or service red flags. A pre-purchase inspection should be a priority, especially if you’re considering a higher-mileage example or one with incomplete maintenance records. Focus closely on overall condition, because a clean-looking listing can still hide issues that matter more than cosmetic wear.

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

This is a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 30.8% of listings are priced as good or great deals.
• Inventory: There are 2,178 listings available.
• Price trend: Prices have softened 5.98% compared with last year.
• Clean inventory: 61.1% of listings are accident-free.

If you find a listing below $9,195, 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 $9,198 sits slightly below last year's $9,783.

That softer pricing suggests the Equinox has already absorbed some of its near-term depreciation, which can help future sellers if the market stays steady. A lower entry price today can also make the vehicle easier to move later, especially if you keep mileage and condition in check. Strong owner satisfaction can support demand over time, particularly for shoppers who value space and comfort in a used crossover.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, 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:

• 30.8% of listings are priced as good or great deals.
• At 61.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.98% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

Consider the 2015 if:

• At $7,999, the 2015 costs less than the current year's $9,198 average.
• It leans on versatility and straightforward simplicity for family use.

The bottom line: The 2016 is the better pick if you want the stronger value proposition, more features, and a broader current-market selection. If your top priority is spending less upfront, the 2015 is the more budget-friendly path, but you give up some of the 2016’s updated equipment and overall appeal.

How does the 2016 Chevrolet Equinox compare to the 2016 GMC Terrain?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.