Used 2016 Chevrolet Traverse for SaleNationwide

How much does the 2016 Chevrolet Traverse cost?

Prices have softened 10.32% compared to this time last year, making it a favorable time to shop this model year.

There are 1,483 listings available, which gives you a solid amount of inventory to compare prices and condition.

Is the 2016 Chevrolet Traverse a good car?

Yes — the 4.5/5 user rating points to strong owner satisfaction. The 2016 Traverse stands out for its enormous three-row cabin, especially the third row, which is among the largest in any crossover and makes it a practical choice when you need real passenger space. It also brings a comfortable ride and intuitive controls, so it fits well if you want a family hauler that is easy to live with day to day. 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 Traverse is described as having a poor reliability record, 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 long-term ownership, the main risk is ending up with a vehicle that looks like a value up front but needs costly repairs later.

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

At 59.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a vehicle history report to confirm accident records, title status, and service history. A pre-purchase inspection should focus on electrical systems, steering feel, engine behavior, and transmission operation, since those are the areas most worth scrutinizing on this model. Pay close attention to overall condition and maintenance consistency, because a clean-looking listing is not enough on its own.

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 patiently but still move quickly on the right listing.

• Deal availability: 27.5% of listings are priced as good or great deals.
• Inventory: There are 1,483 listings available.
• Price trend: Prices have softened 10.32% compared with last year.
• Clean inventory: 59.7% of listings are accident-free.

If you find a listing below $8,983, 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 $9,142 sits slightly below last year's $10,195.

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 how well the vehicle is maintained and how clean its history is. If you buy carefully and keep the vehicle in strong condition, you give yourself a better chance of limiting depreciation pressure 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:

• 27.5% of listings are priced as good or great deals.
• At 59.7% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 10.32% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: If you want maximum space, a comfortable ride, and a used price that has already softened, the 2016 Traverse is the primary path to consider. If you are especially price-sensitive, you should focus on the cleanest, best-documented examples and be willing to compare nearby model years for the best combination of condition and value.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.