Is the $35,995 price on this 2016 Chevrolet Corvette a good deal?

OAV rates this as a Great Deal because the asking price of $35,995 is below the typical market range for this vehicle.

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

Based on 21 comparable listings in MD, the average asking price for a 2014-2018 Chevrolet Corvette is $49,924, with prices ranging from $35,995 to $83,500.

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

Comparable Chevrolet Corvette listings in MD spend an average of 37 days on dealer lots.

Where is this 2016 Chevrolet Corvette located?

This vehicle is listed in Joppatowne, MD 21085. VIN: 1G1YA3D79G5111564. Mileage: 58,392 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 $38,782 to $45,100, based on 10 comparable vehicles.

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Vehicle Details

VIN1G1YA3D79G5111564

Trim1LT

Exterior ColorBlue

DrivetrainRWD

Engine6.2L V8

TransmissionManual

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot65

2016 Chevrolet Corvette

1LT

Great Deal

$35,99558,392 mi

Joppatowne, MD 21085

Is this 2016 Chevrolet Corvette 1LT a good deal?

OAV verdict: Great Deal

Why: Listed at $35,995, comparable market range $38,782–$45,100, based on 10 comparable listings. Days on lot: 65 days (market average 37 days).

Market price position

$35,995 · $2,787 below market low

$38,782comparable$45,100

Regional range: $38,782 – $45,100
vs. market low: — $2,787 (7% below)
Comparable vehicles: 10

Market Retail Price (MRP™)

$41,941

This vehicle $35,995 · $5,946 (14%) below MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$38,727

This vehicle $35,995 · $2,732 (7%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-26) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 12–43 days.

What does Demand-Verified mean?

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges are rebuilt from the market snapshot shown above.

Regional Range$38,782 – $45,100

Elite Motors Inc.

Joppatowne, MD

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from elite motors inc. →

Request availability and out-the-door price

OAV will route your inquiry to Elite Motors Inc. for current availability of this 2016 Chevrolet Corvette 1LT and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2016 Chevrolet Corvette

Listing updated: Jul 26, 2026

Listed by an independent dealer in Joppatowne, MD · On lot for 65 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Corvette 1LT is listed at $35,995 by elite motors inc. in Joppatowne, MD 21085. It has 58,392 miles on the odometer. The exterior color is Blue. 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 a Great Deal — priced below market value. Based on 10 similar vehicles in the Joppatowne market, the estimated market range is $38,782 to $45,100.

This vehicle has been on the lot for 65 days.

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

Market context

This listing is part of OAV's broader Joppatowne, MD convertibles market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

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:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Joppatowne, MD, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1YA3D79G5111564 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 processed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Corvette Market in MD

Comparable Vehicles

Average Price

$49,924

Price Range

$35,995–$83,500

Avg Days on Lot

Based on 21 comparable 2014-2018 Chevrolet Corvette listings in MD, the average asking price is $49,924. This listing at $35,995 is $13,929 below average (28% below market). Comparable prices in MD range from $35,995 to $83,500. Similar vehicles spend an average of 37 days on dealer lots in this market.