2016 Chevrolet Corvette Stingray
42.4% depreciation ($10,867)
2016 Chevrolet Corvette Stingray has a median resale price of $44,533 against an original MSRP of $55,400, which works out to 42.4% depreciation across 68 analyzed listings. It ranks 2 of 3 trims by value retention for this model year. This trim is listed with gas and rear wheel drive.
Depreciation Details
- MSRP (When New)
- $55,400
- Median Resale Price
- $44,533
- Depreciation
- 42.4%
- Listings Analyzed
- 68
How Stingray Compares to Other 2016 Trims
Lower depreciation means stronger resale retention. The Stingray ranks 2 of 3 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| Z06 | $79,400 | $76,447 | 31.4% | 74 |
| Stingraythis trim | $55,400 | $44,533 | 42.4% | 68 |
| Stingray Z51 | $60,400 | $47,989 | 43.4% | 58 |
Specifications
| Engine Type | gas |
| Horsepower | 455 hp |
| Torque | 460 lb-ft |
| Transmission | 7-speed manual |
| Drivetrain | rear wheel drive |
| City MPG | 17 mpg |
| Highway MPG | 29 mpg |
| Combined MPG | 21 mpg |
| Engine Size | 6.2 |
| Cylinders | V8 |
| Body Type | Coupe |
| Doors | 2 |
| Seats | 2 |
| Curb Weight | 3,298 lbs |
| Cargo Capacity | 15.0 |
| Fuel Tank | 18.5 |
Frequently Asked Questions
How much has the 2016 Chevrolet Corvette Stingray depreciated?
The 2016 Chevrolet Corvette Stingray shows 42.4% depreciation from its original MSRP. In dollar terms, the median listing price is $44,533 compared with an original MSRP of $55,400. This is based on 68 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the Stingray trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 3 trims with enough listing data, it ranks 2 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2016 Chevrolet Corvette Stingray?
The matched spec record lists gas, rear wheel drive, 7-speed manual, 21 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.