Where there's room on price
87
/ 100 (strong)
Approx. 70 days of national supply and the median listing asks approx. 62% above the typical asking price at typical mileage — strong leverage to negotiate.
Ridekick price report
2016 Chevrolet Corvette Price: Typical Asking Price & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Typical asking price
$29,669
Below the middle half of current listings.
Price intelligence
A map of today's market
Typical asking price sits outside the typical market range
$31,749$89,999
- Typical market range
- $41,917–$63,750
- Typical asking price
- $29,669
- Original MSRP range
- $55,400–$88,345
Middle 50% of active listings
At typical mileage
6 sourced trims when new
Buyer context
Market pulse
What this means for you. It's market data, not a price for a specific car.
National supply
70
days of supply
Buyer's market
Inventory is moving slowly, so buyers typically have more room on price on a 2016 Chevrolet Corvette.
Estimated dealer cost (invoice)
$50,968–$53,184
Estimated dealer invoice — about $55,400 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Typical asking price by trim
| Trim | Typical asking (at typical mileage) | MSRP | Est. dealer cost |
|---|---|---|---|
| 3LT | $28,691 | $70,145 | $64,533–$67,339 |
| 1LT | $29,206 | $55,400 | $50,968–$53,184 |
| 2LT | $32,319 | $63,855 | $58,747–$61,301 |
| 2LZ | $39,637 | $82,965 | $76,328–$79,646 |
| 3LZ | $47,289 | $88,345 | $81,277–$84,811 |
| 1LZ | $63,627 | $79,400 | $73,048–$76,224 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Typical asking price
Trim
$23,919$58,518$93,117
Typical asking3LT
$28,691
3LT: typical asking price $28,691, original MSRP $70,145, estimated dealer cost $64,533 to $67,339.
1LT
$29,206
1LT: typical asking price $29,206, original MSRP $55,400, estimated dealer cost $50,968 to $53,184.
2LT
$32,319
2LT: typical asking price $32,319, original MSRP $63,855, estimated dealer cost $58,747 to $61,301.
2LZ
$39,637
2LZ: typical asking price $39,637, original MSRP $82,965, estimated dealer cost $76,328 to $79,646.
3LZ
$47,289
3LZ: typical asking price $47,289, original MSRP $88,345, estimated dealer cost $81,277 to $84,811.
1LZ
$63,627
1LZ: typical asking price $63,627, original MSRP $79,400, estimated dealer cost $73,048 to $76,224.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and typical asking price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2016 Chevrolet Corvette runs about $29,980 in MT to $32,662 in NJ — the typical asking price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $2,151 | $110+ | $31,930 |
| TX | $1,854 | $332 | $31,855 |
| FL | $1,780 | $1,074+ | $32,523 |
| NY | $1,187 | $371 | $31,227 |
| PA | $1,780 | $587 | $32,036 |
| IL | $1,854 | $683 | $32,206 |
| OH | $1,706 | $444 | $31,819 |
| GA | $2,077 | $637 | $32,383 |
| NC | $890 | $793 | $31,352 |
| WA | $1,928 | $215+ | $31,812 |
| OR | $0 | $525 | $30,194 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
Fuel economy
13
MPG city
23
MPG highway
16
MPG combined
EPA-estimated fuel economy for a representative 2016 Chevrolet Corvette configuration (Premium).
Safety & recalls
2 open NHTSA recalls on record for the 2016 Chevrolet Corvette.
AIR BAGS:FRONTAL
General Motors LLC (GM) is recalling certain model year 2015-2017 Chevrolet Silverado 2500 HD, 3500 HD, Tahoe, Suburban, GMC Sierra 2500 HD and 3500 HD, GMC Yukon, GMC Yukon XL, Cadillac Escalade and Cadillac Escalade ESV vehicles and 2014-2017 Chevrolet Corvette, Silverado 1500, Trax, Caprice Police Pursuit Vehicle, GMC Sierra 1500, Buick Encore, and 2014-2016 Buick Lacrosse, Chevrolet Spark EV and SS vehicles. In the affected vehicles, certain driving conditions may cause the air bag sensing and diagnostic module (SDM) software to activate a diagnostic test. During this test, deployment of the frontal air bags and the seat belt pretensioners would not occur in the event of a crash.
Remedy: GM will notify owners, and dealers will reflash the SDM software. Vehicles that have had a previous air bag deployment will have the SDM replaced. These repairs will be performed free of charge. The recall began on October 13, 2016. Owners may contact Buick customer service at 1-800-521-7300, Cadillac customer service at 1-800-458-8006, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 16007.
Campaign 16V651000 · 08/09/2016
AIR BAGS:FRONTAL
General Motors LLC (GM) is recalling certain model year 2014-2016 Buick Lacrosse and Chevrolet Spark EV, Caprice PPV and SS vehicles, 2014-2017 Buick Encore and Chevrolet Corvette, Silverado 1500 and GMC Sierra 1500 vehicles, 2015-2016 Cadillac Escalade and Escalade ESV, Chevrolet Tahoe, Trax, Suburban and Silverado 2500 and 3500 and GMC Yukon and Yukon XL vehicles, and 2015-2017 GMC Sierra HD 2500 and 3500 vehicles. While being previously remedied for recall 16V-651, the affected vehicles may not have received the complete software update necessary to remedy the recall condition. Without the update, certain driving conditions may cause the air bag sensing and diagnostic module (SDM) software to activate a diagnostic test. During this test, deployment of the frontal air bags and the seat belt pretensioners would not occur in the event of a crash.
Remedy: GM will notify owners, and dealers will reflash the SDM software. Vehicles that have had a previous air bag deployment will have the SDM replaced. These repairs will be performed free of charge. The recall began on August 4, 2017. Owners may contact Buick customer service at 1-800-521-7300, Cadillac customer service at 1-800-458-8006, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 17287.
Campaign 17V437000 · 10/07/2017
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is the typical asking price for a 2016 Chevrolet Corvette?
Used 2016 Chevrolet Corvette listings ask about $29,669 at typical mileage, with most listings between $41,917 and $63,750. That is what sellers are asking, not what buyers pay.
Is the 2016 Chevrolet Corvette cheaper than MSRP?
Yes — its original MSRP was about $55,400, so the typical asking price for a used one is roughly $25,731 below MSRP.
What is the out-the-door price of a 2016 Chevrolet Corvette?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $29,980 in MT to $32,662 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Chevrolet Corvette?
There are about 70 days of national market supply for the 2016 Chevrolet Corvette — Inventory is moving slowly, so buyers typically have more room on price on a 2016 Chevrolet Corvette.
Is the listed price on a 2016 Chevrolet Corvette fair?
Not always. 2016 Chevrolet Corvette listings typically ask about $47,980, roughly 62% above the typical asking price at typical mileage, $29,669. Compare any listing against that figure, and get the dealer's out-the-door price in writing, because tax and fees are added on top of the listed price.
What does the dealer pay for a 2016 Chevrolet Corvette?
The estimated dealer cost (invoice) is roughly $50,968–$53,184 — its $55,400 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 11/1/2026. Estimates only; your price depends on condition, options, and location.