U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology · Patent Pending for Additional Innovations
OAV
2016 Chevrolet Corvette

Vehicle Details

VIN1G1YA2D71G5117076
Trim1LT
Exterior ColorRed
DrivetrainRWD
Engine6.2L V8
TransmissionManual
Fuel TypePremium Unleaded
Inventory Typeused
Days on Lot7
Days on Market169

2016 Chevrolet Corvette

1LT

Unscored
$38,72270,318 miles

Memphis, TN 38128

Market price position

38,722
38,722
38,722

$38,722 · only listing at this price

$38,722 — single data point
Regional range
$38,722 (0 listings)
vs. market
Exact match — no spread
Comparable vehicles
0
Demand-Verified· Backed by recent sales data
High Demand

Similar vehicles recently sold in an estimated 1149 days.

What does Demand-Verified mean?

Dealer Info

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Memphis, TN

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About This 2016 Chevrolet Corvette

Listing updated: Apr 30, 2026

Listed by an independent dealer in Memphis, TN · On lot for 7 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Corvette 1LT is listed at $38,722 by an independent dealer in Memphis, TN 38128. It has 70,318 miles on the odometer. The exterior color is Red. 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 Memphis market, the estimated market range is $38,722 to $38,722.

This vehicle has been on the lot for 7 days.

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

How this deal is rated

OAV compares this 2016 Chevrolet Corvette against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Memphis, TN, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1YA2D71G5117076 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 TN

Comparable Vehicles

113

Average Price

$52,890

Price Range

$30,900–$89,981

Avg Days on Lot

53

Based on 113 comparable 2014-2018 Chevrolet Corvette listings in TN, the average asking price is $52,890. This listing at $38,722 is $14,168 below average (27% below market). Comparable prices in TN range from $30,900 to $89,981. Similar vehicles spend an average of 53 days on dealer lots in this market.

Similar Chevrolet Corvette Listings in TN

8 comparable vehicles with similar year and mileage