Used 2016 Chevrolet Traverse for Sale nearCharlotte, NC

How much does the 2016 Chevrolet Traverse cost?

Prices have softened 9.54% compared to this time last year, making it a favorable time to shop this model year.

There are 1,445 listings available, which suggests you have a meaningful amount of inventory to compare.

Is the 2016 Chevrolet Traverse a good car?

Yes — the 2016 Chevrolet Traverse earns a 4.5/5 user rating, and its appeal is rooted in space and practicality. The cabin is described as enormous, with a roomy three-row layout, a third row that is among the largest in any crossover, and enough cargo capacity to handle family passengers and gear with ease. It also brings a comfortable ride and intuitive controls, which makes it easy to live with if you want a big, straightforward family hauler. 29.5% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2016 Chevrolet Traverse reliable?

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

The model’s reliability record is described as poor, with electrical, power steering, engine, and transmission issues among the concerns to watch for. That means you should treat condition and maintenance history as especially important when evaluating a used example. For used buyers, the long-term ownership risk is higher than average, so a careful inspection matters more than usual.

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

At 59.4% 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. Put inspection priority on the mechanical systems called out as concerns, especially the electrical, power steering, engine, and transmission areas. You should also focus on overall condition, since a roomy family SUV like this can hide heavy use if you do not check it closely.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 29.5% of listings are priced as good or great deals.
• Inventory: There are 1,445 listings available.
• Price trend: Prices have softened 9.54% compared with last year.
• Clean inventory: 59.4% of listings are accident-free.

If you find a listing below $8,987, 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 $9,123 sits slightly below last year's $10,086.

That softer pricing suggests the market has already adjusted downward, which can help you buy at a more favorable entry point. For a future seller, that also means resale value may depend heavily on how well the vehicle is maintained and presented. A clean history and strong condition should matter more if you want to protect value later.

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:

• 29.5% of listings are priced as good or great deals.
• At 59.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 9.54% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: If you want the strongest value play, the 2016 makes sense when you find a clean, well-documented example at a competitive price. If you are especially price-sensitive, keep shopping carefully and compare nearby years, but prioritize condition and history over small savings because this model’s reliability concerns make a thorough inspection essential.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.