How much does the 2016 Chevrolet Traverse cost?

Prices have softened 10.98% compared to this time last year, making it a favorable time to shop this model year.

There are 1,491 listings available, which suggests solid inventory for shoppers comparing prices and conditions.

If you find a listing below $9,256.70, 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 Chevrolet Traverse stands out for its spacious interior and family-friendly layout, making it a practical choice if you need room for passengers and cargo. It also blends car-like handling with a robust SUV design, so you get a comfortable ride without stepping up to a full-size SUV. Its V6 engine and intuitive technology add to the appeal if you want a straightforward, usable family vehicle.

27.5% 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 2016 Chevrolet Traverse is described as having improved dependability compared with earlier versions, while still carrying the kind of reliability concerns that can matter in a used SUV search. That makes condition and maintenance history especially important when you compare individual listings. For used buyers, the main long-term ownership risk is ending up with a vehicle whose past care or wear does not match its asking price.

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 so you can separate clean examples from those with prior damage. After that, prioritize a thorough pre-purchase inspection, especially on the body, suspension, and interior condition. Because this model is often chosen for family use, focus on signs of heavy wear, uneven repairs, and anything that suggests the vehicle has had a harder life than the listing photos imply.

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

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

• Deal availability: 27.5% of listings are priced as good or great deals.
• Inventory: There are 1,491 listings available.
• Price trend: Prices have softened 10.98% compared with last year.
• Clean inventory: 59.4% of listings are accident-free.

If you find a listing below $9,256.70, 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 $9,303 sits slightly below last year's $10,450.

That softer pricing can help you buy at a more favorable entry point, but it also means future resale gains may be limited if the market stays soft. If you plan to sell later, buying well matters more than usual because your eventual return will depend heavily on how much room you leave between purchase price and market value. Well-kept examples should still hold buyer interest because this model year remains appealing to shoppers who want space and practicality.

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:

• 27.5% 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 10.98% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: If you want a spacious, family-friendly Traverse and you value a softer market, the 2016 model year is a sensible primary target. If you're especially price-sensitive, you can also compare nearby years to see whether a cleaner or better-priced example gives you more value for the money.

These recommendations are based on CarGurus' proprietary market data from July 31, 2026, CarGurus experts' opinions, and generative AI.