Used 2016 Chevrolet Traverse for Sale nearWest Palm Beach, FL

How much does the 2016 Chevrolet Traverse cost?

Prices have softened 11.24% compared to this time last year, making it a favorable time to shop this model year.

There are 1,497 listings available, which suggests you have a solid amount of inventory to compare.

If you find a listing below $8,981.53, 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 Traverse stands out as a huge three-row crossover that prioritizes space and utility over flash, with a maximum cargo volume of 116.4 cubic feet and seating for up to eight in certain trims. That makes it a practical fit if you want a family hauler with real room for people and gear rather than a sporty crossover.

The market also shows 29.1% of listings as good or great deals, which gives you room to shop selectively.

Is the 2016 Chevrolet Traverse reliable?

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

The Traverse is described as easy to live with for its era, but it also carries a reputation for electrical and power steering issues, along with engine and 6T75 six-speed automatic transmission trouble. That means reliability depends heavily on how well a specific used example has been maintained.

For used buyers, the long-term ownership risk is higher than average if you skip a careful inspection or buy one with unresolved mechanical or electrical problems.

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

At 59.2% 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 confirm accident records, title status, and service history before you go any further. Then prioritize a pre-purchase inspection, with extra attention on electrical systems, steering behavior, and transmission operation. Because this model is valued for space and utility, you should also check that the cargo area, seating, and convenience features all work as expected.

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

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

• Deal availability: 29.1% of listings are priced as good or great deals.
• Inventory: There are 1,497 listings available.
• Price trend: Prices have softened 11.24% compared with last year.
• Clean inventory: 59.2% of listings are accident-free.

If you find a listing below $8,981.53, 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 $9,125 sits slightly below last year's $10,281.

That decline suggests the market has already adjusted downward, which can make future resale gains harder to count on if you buy at the wrong price. If you plan to sell later, your best protection is to buy well, keep the vehicle in strong condition, and avoid examples with questionable history or deferred maintenance.

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:

• 29.1% of listings are priced as good or great deals.
• At 59.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 11.24% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: The 2016 Traverse makes the most sense if you want maximum space, straightforward family utility, and a market that currently gives you some negotiating room. If you are especially price-sensitive, you may want to compare nearby years and focus on the cleanest, best-documented example rather than chasing the lowest sticker price alone.

These recommendations are based on CarGurus' proprietary market data from September 4, 2026, CarGurus experts' opinions, and generative AI.