How much does the 2016 Chevrolet Traverse cost?

Prices have softened 11.28% compared to this time last year, making it a favorable time to shop this model year.

There are 1,532 listings available, which suggests you have a healthy amount of inventory to compare.

If you find a listing below $9,228, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Traverse a good car?

Yes — the 4.5/5 user rating points to strong owner satisfaction for this model year.

The 2016 Traverse stands out for its large size, family-friendly layout, and especially spacious third row, which gives you one of the roomiest back seats in its class. It also blends car-like handling with SUV utility, so you get a practical everyday vehicle without giving up the cargo and passenger space many families need. Its affordability in the used market makes it especially appealing if you want a roomy crossover without stretching your budget.

27.3% of listings are priced as good or great deals, which gives you a meaningful number of attractive options to consider.

Is the 2016 Chevrolet Traverse reliable?

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

The 2016 Traverse is described as having improved reliability compared with earlier models, even though its overall record has been mixed in the past. That makes this year worth considering if you want the Traverse’s space and comfort but still want a version that benefits from some refinement.

For used buyers, the main long-term ownership risk is making sure you avoid a poorly maintained example, since condition and service history matter a lot with a model that has had uneven reliability over time.

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

At 59.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report so you can screen for accidents before you spend time on a test drive. After that, prioritize a pre-purchase inspection, especially if the listing price looks unusually strong, because condition can vary widely from one used example to another. Focus your evaluation on signs of wear, repair quality, and whether the vehicle feels consistent with its mileage and asking price.

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

This is a moderate market, so you can shop selectively without expecting every listing to be a bargain.

• Deal availability: 27.3% of listings are priced as good or great deals.
• Inventory: There are 1,532 listings available.
• Price trend: Prices have softened 11.28% compared with last year.
• Clean inventory: 59.8% of listings are accident-free.

If you find a listing below $9,228, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Traverse's resale value?

The current average of $9,221 sits slightly below last year's $10,393.

That softer pricing suggests the Traverse has become more accessible for buyers, but it also means future sellers may need to stay competitive on price. If you buy well and keep the vehicle in strong condition, you can help protect your resale position when it comes time to sell. The current market also shows that shoppers still respond to value, which can support demand for a well-kept example.

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 Traverse 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:

• 27.3% of listings are priced as good or great deals.
• At 59.8% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 11.28% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: If you want a spacious, family-focused Traverse and you value a lower current asking price, the 2016 model year is the primary path to consider. If you’re especially price-sensitive, you should still compare individual listings carefully, because the mix of deal pricing and accident history means the best value will come from a well-documented, well-kept example rather than the cheapest one you find.

These recommendations are based on CarGurus' proprietary market data from August 7, 2026, CarGurus experts' opinions, and generative AI.