Is the $50,494 price on this 2016 Chevrolet Corvette a good deal?

OAV rates this as Fair Price because the asking price of $50,494 is within the typical market range for this vehicle.

What is the average price for a 2016 Chevrolet Corvette in VA?

Based on 152 comparable listings in VA, the average asking price for a 2014-2018 Chevrolet Corvette is $57,117, with prices ranging from $31,950 to $83,637.

How long does a 2016 Chevrolet Corvette typically stay on dealer lots?

Comparable Chevrolet Corvette listings in VA spend an average of 47 days on dealer lots.

Where is this 2016 Chevrolet Corvette located?

This vehicle is listed in Fredericksburg, VA 22401. VIN: 1G1YA2D71G5103517. Mileage: 14,746 miles.

What is the fair market price range for this 2016 Chevrolet Corvette?

OAV's Price-to-Market analysis estimates the fair market range is $50,494 to $50,494, based on available comparable vehicles.

Vehicle Details

VIN1G1YA2D71G5103517

Trim1LT

Exterior ColorSilver

DrivetrainRWD

Engine6.2L V8

TransmissionManual

Fuel TypePremium Unleaded

Inventory Typeused

MSRP$49,500

Days on Lot12

Days on Market113

2016 Chevrolet Corvette

1LT

Fair Price

$50,49414,746 miles

Fredericksburg, VA 22401

Market price position

Lowest comparable ($)

50,494

Highest comparable ($)

50,494

This vehicle's price ($)

50,494

$50,494 · only listing at this price

$50,494 — single data point

Regional range: $50,494 (0 listings)
vs. market: Exact match — no spread
Comparable vehicles: 0

Market Breakdown

Regional Range$37,995 – $37,995

Dealer Info

Hidden

Fredericksburg, VA

This dealer is not yet on OAV

Request a connection and we'll notify the dealer you're interested

View all vehicles from this franchise dealer in Fredericksburg, VA →

About This 2016 Chevrolet Corvette

Listing updated: Apr 21, 2026

Listed by a franchise dealer in Fredericksburg, VA · On lot for 12 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Corvette 1LT is listed at $50,494 by a franchise dealer in Fredericksburg, VA 22401. It has 14,746 miles on the odometer. The exterior color is Silver. It features a RWD drivetrain with a 6.2L V8 engine and Manual transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on available similar vehicles in the Fredericksburg market, the estimated market range is $50,494 to $50,494.

This vehicle has been on the lot for 12 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Fredericksburg, VA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1G1YA2D71G5103517 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Corvette Market in VA

Comparable Vehicles

152

Average Price

$57,117

Price Range

$31,950–$83,637

Avg Days on Lot

Based on 152 comparable 2014-2018 Chevrolet Corvette listings in VA, the average asking price is $57,117. This listing at $50,494 is $6,623 below average (12% below market). Comparable prices in VA range from $31,950 to $83,637. Similar vehicles spend an average of 47 days on dealer lots in this market.