Negotiating leverage
37
moderate leverage / 100
~56 days of national supply — moderate negotiating leverage.
Ridekick price intelligence
2016 Chevrolet Traverse Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$9,997
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$3,300$16,995
- Typical market range
- $7,845–$11,495
- Ridekick fair price
- $9,997
- Original MSRP range
- $28,700–$44,145
Middle 50% of active listings
Mileage-adjusted estimate
5 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
56
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Chevrolet Traverse.
Estimated dealer cost (invoice)
$28,709–$29,957
Estimated dealer invoice — about $31,205 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 | $8,305 | $31,205 | $28,709–$29,957 |
| 2LT | $9,910 | $36,505 | $33,585–$35,045 |
| 1LT | $10,018 | $34,005 | $31,285–$32,645 |
| LTZ | $11,727 | $44,145 | $40,613–$42,379 |
| 1sm | — | $28,700 | $26,404–$27,552 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$5,438$26,225$47,012
Fair priceLS
$8,305
LS: fair price $8,305, original MSRP $31,205, estimated dealer cost $28,709 to $29,957.
2LT
$9,910
2LT: fair price $9,910, original MSRP $36,505, estimated dealer cost $33,585 to $35,045.
1LT
$10,018
1LT: fair price $10,018, original MSRP $34,005, estimated dealer cost $31,285 to $32,645.
LTZ
$11,727
LTZ: fair price $11,727, original MSRP $44,145, estimated dealer cost $40,613 to $42,379.
1sm
—
1sm: fair price not available, original MSRP $28,700, estimated dealer cost $26,404 to $27,552.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair 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 Traverse runs about $10,308 in MT to $11,686 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $725 | $110+ | $10,832 |
| TX | $625 | $332 | $10,954 |
| FL | $600 | $1,074+ | $11,671 |
| NY | $400 | $371 | $10,768 |
| PA | $600 | $587 | $11,184 |
| IL | $625 | $683 | $11,305 |
| OH | $575 | $444 | $11,016 |
| GA | $700 | $637 | $11,334 |
| NC | $300 | $793 | $11,090 |
| WA | $650 | $215+ | $10,862 |
| OR | $0 | $525 | $10,522 |
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
Safety & recalls
5 open NHTSA recalls on record for the 2016 Chevrolet Traverse.
VISIBILITY:WINDSHIELD WIPER/WASHER:MOTOR
General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Traverse, GMC Acadia, and Buick Enclave vehicles manufactured August 18, 2015 to September 24, 2015. Due to a manufacturing defect, the windshield wiper motor may overheat when used.
Remedy: GM has notified owners, and dealers will replace the windshield wiper motor cover assembly, free of charge. Owners are advised not to use their front windshield wipers until the wiper cover has been replaced. If weather conditions prevent operation of the vehicle without using the windshield wipers, GM will make arrangements to pick up the vehicle for servicing. The recall began on September 30, 2015. Owners may contact Chevrolet customer service at 1-800-222-1020, Buick customer service at 1-800-521-7300, and GMC customer service at 1-800-462-8782. GM's number for this recall is 15780.
Campaign 15V609000 · 29/09/2015
SEATS
General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Traverse, GMC Acadia, and Buick Enclave vehicles manufactured November 6, 2015, to November 12, 2015. The affected vehicles have a the third row left lower seat frame that may have welds that are not in the correction location.
Remedy: GM will notify owners, and dealers will inspect the third row left side lower seat frame, replacing it as necessary, free of charge. The recall began on January 29, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, GMC customer service at 1-800-462-8782 or Buick customer service at 1-800-521-7300. GM's number for this recall is 21930.
Campaign 15V833000 · 11/12/2015
AIR BAGS:FRONTAL
General Motors, LLC (GM) is recalling certain 2008-2017 Buick Enclave and 2013-2017 Chevrolet Traverse vehicles. The driver's air bag inflator may explode during deployment, due to a manufacturing defect.
Remedy: Dealers will replace the driver's air bag module, free of charge. Interim owner notification letters were mailed on November 3, 2021. Owner notification letters were mailed on January 10, 2022. Owners may contact Buick customer service at 1-800-521-7300 or Chevrolet customer service at 1-800-222-1020. GM's number for this recall is N212349040.
Campaign 21V782000 · 07/10/2021
AIR BAGS:CRITICAL FASTENERS
General Motors, LLC (GM) is recalling certain 2010-2015, 2017 Buick Enclave, 2010-2019 Chevrolet Traverse, and 2011-2016 GMC Acadia vehicles. The side curtain air bags may not be properly attached.
Remedy: GM will notify owners, and dealers will inspect and, if necessary, realign or replace the weld nuts, free of charge. Owner notification letters were mailed on May 24, 2021. Owners may contact Buick customer service at 1-800-521-7300, Chevrolet customer service at 1-800-222-1020, and GMC customer service at 1-800-462-8782. GM's number for this recall is N202321200.
Campaign 21V246000 · 08/04/2021
AIR BAGS:FRONTAL:DRIVER SIDE:INFLATOR MODULE
General Motors, LLC (GM) is recalling certain 2014-2017 Buick Enclave, Chevrolet Traverse, and GMC Acadia vehicles. The driver's air bag inflator may explode during deployment, due to a manufacturing defect.
Remedy: Dealers will replace the driver's air bag module, free of charge. GM began mailing final owner letters February 23, 2024 and will continue mailing through December 2025. Owners may contact Buick customer service at 1-800-521-7300, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is N232404980.
Campaign 23V334000 · 10/05/2023
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Questions buyers ask
What is a fair price for a 2016 Chevrolet Traverse?
A fair, mileage-adjusted price is about $9,997, within a typical market range of $7,845 to $11,495.
Is the 2016 Chevrolet Traverse cheaper than MSRP?
Yes — its original MSRP was about $31,205, so a fair used price is roughly $21,208 below MSRP.
What is the out-the-door price of a 2016 Chevrolet Traverse?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $10,308 in MT to $11,686 in NJ, depending on your state. Local taxes can add more.
Is now a good time to buy a 2016 Chevrolet Traverse?
There are about 56 days of national market supply for the 2016 Chevrolet Traverse — Supply and demand are roughly balanced for the 2016 Chevrolet Traverse.
How much can you negotiate on a 2016 Chevrolet Traverse?
Negotiating leverage rates 37/100 (moderate). ~56 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2016 Chevrolet Traverse?
The estimated dealer cost (invoice) is roughly $28,709–$29,957 — its $31,205 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 8/2/2026. Estimates only; your price depends on condition, options, and location.