How much does the 2016 Chrysler 300 cost?

Prices have softened 2.17% compared to this time last year, making it a favorable time to shop this model year.

There are 464 listings available, which suggests you have a workable amount of inventory to compare.

If you find a listing below $12,239.50, that's toward the low end of the year-round range and worth acting on quickly.

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 repeatedly praise the smooth ride, comfort, and powerful performance, and they also like the luxury feel and the amount of features you get for the price. If you want a roomy, rear-wheel-drive sedan with a more substantial feel than a typical midsize car, this model year fits that use case well. 21.8% of listings are priced as good or great deals, so there are still some attractive opportunities 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 also highlights a durable, dependable character, with many shoppers describing it as a car they can count on for comfortable everyday use. The same reviews point to a generally trouble-free ownership experience, though some buyers mention higher maintenance costs and minor quality issues. For used buyers, that means long-term ownership risk looks manageable, but condition and maintenance history still matter.

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

At 52.4% 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 prior damage was repaired properly. Put inspection priority on body condition, alignment, and any signs of dashboard warnings or uneven wear. Because this is a large sedan with a premium feel, you’ll want to focus on how well the car has been maintained rather than just how it looks in photos.

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

This is a moderate market for selective buyers, with enough inventory to shop around but not so much that every listing is a bargain.

• Deal availability: 21.8% of listings are priced as good or great deals.
• Inventory: There are 464 listings available.
• Price trend: Prices have softened 2.17% compared with last year.
• Clean inventory: 52.4% of listings are accident-free.

If you find a listing below $12,239.50, 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 $12,887 sits slightly below last year's $13,173.

That softer pricing can help you buy in at a more favorable point, but it also means future resale gains may be limited if the market stays flat. If you plan to sell later, the best protection is buying a clean, well-kept example at a strong price today. A car with a solid ownership reputation can still hold buyer interest better than one with a questionable history.

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:

• 21.8% of listings are priced as good or great deals.
• At 52.4% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 2.17% compared with last year.
• Owners rate it 4.6/5 — a strong satisfaction signal.

Consider the 2017 if:

• At $14,039, the 2017 costs more than the current year's $12,887 average.
• It adds sharper styling packages and a faster Uconnect system.

The bottom line: You should start with the 2016 if you want the better value and are willing to shop carefully for condition. If you want a newer-feeling cabin and can stretch your budget, the 2017 is the cleaner upgrade path. For price-sensitive buyers, the 2016 is the smarter buy as long as you verify history and inspect the car closely.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.