Used 2016 Chevrolet Traverse for Sale nearWilmington, DE

How much does the 2016 Chevrolet Traverse cost?

Prices have softened 11.77% compared to this time last year, making it a favorable time to shop this model year.

There are 1,403 listings available, which gives you a solid pool to compare prices and equipment.

Is the 2016 Chevrolet Traverse a good car?

Yes — the 4.5/5 user rating points to strong owner satisfaction, and the Traverse’s appeal comes from its huge cabin, usable third row, and family-friendly cargo space. It also brings real utility with a V6, a six-speed automatic, and towing capacity of up to 5,200 pounds, so you get more than just passenger room. If you want a very large three-row crossover that emphasizes space and everyday usefulness over flash, this model year fits that brief well. 28.4% 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 overview also flags reliability as a weak point, with a reputation for electrical, power steering, engine, and transmission trouble. That means you should treat maintenance history and current condition as especially important if you plan to keep the vehicle for the long haul.

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

At 58.2% 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 reported damage was repaired properly. Put extra inspection priority on body panels, alignment, suspension behavior, and signs of uneven wear, since those can reveal past collision issues or deferred maintenance. Because this model year has a known reliability concern, focus on how the vehicle drives and whether all electrical and drivetrain functions operate cleanly.

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

This is a moderate market, so you can shop selectively without expecting a deep buyer’s market.

• Deal availability: 28.4% of listings are priced as good or great deals.
• Inventory: There are 1,403 listings available.
• Price trend: Prices have softened 11.77% compared with last year.
• Clean inventory: 58.2% of listings are accident-free.

If you find a listing below $8,807, 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 $8,807 sits slightly below last year's $9,981.

That price movement suggests the market has already adjusted downward, which can help you buy at a more favorable entry point. For a future seller, it also means resale value may depend heavily on condition, mileage, and documentation rather than broad market momentum. Well-kept examples should hold up better than average because buyers in this segment tend to reward space, utility, and a clean history.

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:

• 28.4% of listings are priced as good or great deals.
• At 58.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 11.77% 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 a spacious, utility-first three-row crossover and you can verify that the specific vehicle has been well maintained. If you’re price-sensitive, the current market gives you enough deal availability to shop carefully, but you should prioritize condition and history over chasing the lowest sticker price.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.