How much does the 2016 Chevrolet Traverse cost?

Prices have softened 12.97% compared to this time last year, making it a favorable time to shop this model year.

With 1,505 listings available, you have a solid amount of inventory to compare across price and condition.

If you find a listing below $9,053.52, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Traverse a good car?

Yes — the 4.5/5 user rating suggests you should expect strong owner satisfaction from this model year.

The overview points to a crossover that stands out for its size, family-friendly layout, and especially roomy third row. You also get car-like handling, a practical SUV shape, and enough standard features and technology to fit everyday family use, while the used-market pricing keeps it accessible if you want space without stretching your budget.

28.0% of listings are priced as good or great deals, so there are still worthwhile opportunities if you shop carefully.

Is the 2016 Chevrolet Traverse reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The overview also notes a mixed reliability record, especially in earlier models, while saying the 2016 version has shown improvements. That means you should treat condition and maintenance history as especially important, because a well-kept example is likely to matter more than the badge alone for long-term ownership confidence.

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

At 59.1% 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 a pre-purchase inspection at the top of your checklist, especially for signs of uneven wear, bodywork, or neglected maintenance. Focus on overall condition and documentation, since those details can separate a smart buy from a costly one.

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

This is a moderate market, so you can be selective without expecting every listing to be a bargain.

• Deal availability: 28.0% of listings are priced as good or great deals.
• Inventory: There are 1,505 listings available.
• Price trend: Prices have softened 12.97% compared with last year.
• Clean inventory: 59.1% of listings are accident-free.

If you find a listing below $9,053.52, 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 $9,036 sits slightly below last year's $10,383.

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, that also means resale value will depend heavily on how well you preserve condition, mileage, and service history. If you buy a clean example now and maintain it carefully, you give yourself a better chance of holding demand 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:

• 28.0% of listings are priced as good or great deals.
• At 59.1% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 12.97% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

The bottom line: If you want a spacious, family-focused Traverse and you value current pricing pressure, the 2016 model year is the primary path to consider. If you're especially price-sensitive, you can still shop aggressively within this year and focus on the cleanest, best-documented examples rather than chasing the cheapest listing.

These recommendations are based on CarGurus' proprietary market data from August 14, 2026, CarGurus experts' opinions, and generative AI.