Real price data
What should you pay for a 2016 Chevrolet Sonic?
Original MSRP
$15,595
When new
Fair market price
$6,520
Mileage-adjusted
Below MSRP
$9,075
A fair used price
Where prices land
25th $5,960 · 75th $8,574 · MSRP $15,595
Spread of current 2016 Chevrolet Sonic listings · 25th–75th percentile marked.
Negotiating leverage
74
out of 100
strong leverage
~67 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
67days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Chevrolet Sonic.
National Market Day Supply — how long it would take to sell the current used 2016 Chevrolet Sonic inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$14,347–$14,971
Estimated dealer invoice — about $15,595 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.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| LS | $6,333 | $15,595 | $14,347–$14,971 |
| LT | $6,410 | $18,145 | $16,693–$17,419 |
| LTZ | $6,973 | $19,780 | $18,198–$18,989 |
| rs | — | $21,495 | $19,775–$20,635 |
- LS
- $6,333
- LT
- $6,410
- LTZ
- $6,973
Fuel economy
27
MPG city
36
MPG highway
30
MPG combined
EPA-estimated fuel economy for a representative 2016 Chevrolet Sonic configuration (Regular).
Safety & recalls
2 open NHTSA recalls on record for the 2016 Chevrolet Sonic.
ELECTRICAL SYSTEM:SOFTWARE
General Motors LLC (GM) is recalling certain model year 2015-2016 Chevrolet Sonic and Trax, and 2013-2015 Spark vehicles equipped with a Bring Your Own Media radio. The affected radios may fail to provide an audible warning chime when the driver fails to fasten their seatbelt or if the driver leaves the key in the ignition. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) numbers 208 "Occupant Crash Protection" and 114 "Theft Protection."
Remedy: GM will notify owners, and dealers will update the radio software, free of charge. The recall began on July 22, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020. GM's number for this recall is 45340.
Campaign 16V422000 · 10/06/2016
EQUIPMENT:ELECTRICAL:RADIO/TAPE DECK/CD ETC.
General Motors LLC (GM) is recalling certain model year 2013-2016 Chevrolet Sonic and Trax vehicles and 2013-2015 Chevrolet Spark vehicles equipped with a Bring Your Own Media radio. The affected radios may fail to provide an audible warning chime when the driver, after turning off the ignition and leaving the key in the cylinder, waits 10 minutes or longer to open the door. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 114 "Theft Protection."
Remedy: GM will notify owners, and dealers will update the radio software, free of charge. The manufacturer has not yet provided a notification schedule. Owners may contact Chevrolet customer service at 1-800-222-1020. GM's number for this recall is 17130.
Campaign 16V257000 · 28/04/2016
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Chevrolet Sonic?
A fair, mileage-adjusted price is about $6,520, within a typical market range of $5,960 to $8,574.
Is the 2016 Chevrolet Sonic cheaper than MSRP?
Yes — its original MSRP was about $15,595, so a fair used price is roughly $9,075 below MSRP.
Is now a good time to buy a 2016 Chevrolet Sonic?
There are about 67 days of national market supply for the 2016 Chevrolet Sonic — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Chevrolet Sonic.
How much can you negotiate on a 2016 Chevrolet Sonic?
Negotiating leverage rates 74/100 (strong). ~67 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Chevrolet Sonic?
The estimated dealer cost (invoice) is roughly $14,347–$14,971 — its $15,595 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 6/23/2026. Estimates only; your price depends on condition, options, and location.