Used 2016 Tesla Model S for Sale nearChicago, IL

How much does the 2016 Tesla Model S cost?

Prices are up 5.24% year-over-year — a sign of continued demand for this model year.

There are 384 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 Tesla Model S a good car?

Generally — the 4.36/5 user rating points to strong owner satisfaction. Owners consistently praise the amazing technology, performance, and value, and they also call out the beautiful interior and smooth driving experience. The 2016 Model S fits especially well if you want a futuristic electric sedan with a minimalist cabin, strong range, and fast-charging capability. With 28.9% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2016 Tesla Model S reliable?

Owners rate it 4.36/5, a solid signal of long-term satisfaction.

The owner feedback points to a car that many people find dependable enough to keep enjoying over time, especially because the technology and driving experience continue to resonate with buyers. The same reviews also suggest that the Model S can be a trouble-free fit for shoppers who value its long-term appeal and software-driven character. For used buyers, the main ownership risk is that condition can vary meaningfully from one example to the next, so you should be especially careful about how the car has been maintained.

What should I look for when buying a used 2016 Tesla Model S?

At 74.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should start with a full vehicle history report so you can separate clean examples from cars with prior damage. After that, prioritize a thorough inspection of body panels, paint consistency, and any signs of repair quality, since condition can vary widely in the used market. It also makes sense to focus on overall wear and how well the car has been cared for, because a clean-looking listing is not always the same as a well-documented one.

Is now a good time to buy a used 2016 Tesla Model S?

Act selectively, because this market still favors sellers and the best listings can move quickly.

• Deal availability: 28.9% of listings are priced as good or great deals.
• Inventory: There are 384 listings available.
• Price trend: Prices are up 5.24% year-over-year.
• Clean inventory: 74.5% of listings are accident-free.

If you find a listing below $17,707, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Tesla Model S's resale value?

The current average of $19,302 sits slightly above last year's $18,341.

That upward move suggests the market has been willing to pay more for this model year, which is a positive sign if you plan to sell later. It also means well-kept examples may continue to attract attention from shoppers who want the Model S's technology and performance without stepping into a newer, pricier year. If you buy carefully and keep the car in strong condition, you may be better positioned to preserve value when it is time to trade or sell.

Vehicles with solid owner satisfaction ratings, like this model year's 4.36/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Tesla Model S 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:

• 28.9% of listings are priced as good or great deals.
• At 74.5% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices are up 5.24% year-over-year.
• Owners rate it 4.36/5 — a solid satisfaction signal.

The bottom line: The 2016 Model S is the right pick if you want the refreshed look, strong owner satisfaction, and a used market that still shows meaningful demand. If your priority is stretching your budget, a nearby year may give you a lower entry price, but the 2016 remains the better all-around choice when you want a balance of appeal, market support, and buyer confidence.

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