Used 2016 Chrysler 300 for Sale nearChicago, IL

How much does the 2016 Chrysler 300 cost?

Prices have softened 5.00% compared to this time last year, making it a favorable time to shop this model year.

There are 474 listings available, which gives you a solid pool of options to compare.

Is the 2016 Chrysler 300 a good car?

Yes — the 2016 Chrysler 300 earns a 4.6/5 user rating, which points to strong owner satisfaction. Owners consistently praise its smooth ride, comfort, and powerful performance, and many also like the luxury feel and strong feature content for the price. If you want a roomy, comfortable large sedan with a distinctive presence, this model year fits that use case well. With 25.3% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

Is the 2016 Chrysler 300 reliable?

Owners rate it 4.6/5, a strong signal of long-term satisfaction.

Owner feedback highlights a dependable-feeling ride, and many buyers describe the car as trouble-free enough to enjoy for the long haul. At the same time, some owners mention higher maintenance costs and minor quality issues, so used buyers should pay close attention to service history and overall condition.

What should I look for when buying a used 2016 Chrysler 300?

At 51.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should run a vehicle history report before you commit, especially if the price looks unusually attractive. Put inspection priority on body condition, alignment, and signs of prior repair work, since those areas can reveal whether a past incident was handled well. It also makes sense to focus on maintenance records and overall wear, because condition matters a lot on a large sedan like this.

Is now a good time to buy a used 2016 Chrysler 300?

This is a moderate, selective buyer’s market, so you can shop with some leverage if you compare listings carefully.

• Deal availability: 25.3% of listings are priced as good or great deals.
• Inventory: There are 474 listings available.
• Price trend: Prices have softened 5.00% compared with last year.
• Clean inventory: 51.9% of listings are accident-free.

If you find a listing below $12,144, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chrysler 300's resale value?

The current average of $12,159 sits slightly below last year's $12,799.

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, the key takeaway is that value retention will depend heavily on condition, mileage, and how well the car has been maintained. Because the model still has strong owner appeal, a clean example should remain easier to move than a neglected one.

Vehicles with strong owner satisfaction ratings, like this model year's 4.6/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chrysler 300 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:

• 25.3% of listings are priced as good or great deals.
• At 51.9% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 5.00% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

Consider the 2017 if:

• At $14,005, the 2017 costs more than the current year's $12,159 average.
• It adds updated appearance packages and a faster Uconnect system.

The bottom line: The 2016 is the better value if you want the strongest mix of price and owner satisfaction. If you can spend more and want a slightly fresher-feeling cabin and updated tech, the 2017 is the better secondary path.

How does the 2016 Chrysler 300 compare to the 2016 Dodge Charger?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.