Is the $46,900 price on this 2016 Chevrolet Corvette a good deal?

OAV rates this as Overpriced because the asking price of $46,900 is above the typical market range for this vehicle.

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

Based on 285 comparable listings in NJ, the average asking price for a 2014-2018 Chevrolet Corvette is $63,548, with prices ranging from $34,819 to $99,990.

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

Comparable Chevrolet Corvette listings in NJ spend an average of 157 days on dealer lots.

Where is this 2016 Chevrolet Corvette located?

This vehicle is listed in Newfield, NJ 08344. VIN: 1G1YB2D71G5117219. Mileage: 16,645 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 $40,995 to $41,485, based on 10 comparable vehicles.

No Photo Available

Vehicle Details

VIN1G1YB2D71G5117219

Trim1LT

Exterior ColorRed

DrivetrainRWD

Engine6.2L V8

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot3

2016 Chevrolet Corvette

1LT

Overpriced

$46,90016,645 mi

Newfield, NJ 08344

Is this 2016 Chevrolet Corvette 1LT a good deal?

OAV verdict: Overpriced

Why: Listed at $46,900, comparable market range $40,995–$41,485, based on 10 comparable listings. Days on lot: 3 days (market average 157 days).

Market price position

$46,900 · $5,415 above market high

$40,995 – $41,485 comparable

Regional range: $40,995 – $41,485
vs. market high: + $5,415 (13% above)
Comparable vehicles: 10

Market Retail Price (MRP™)

$41,240

This vehicle $46,900 · $5,660 (14%) above 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™)

$44,810

This vehicle $46,900 · $2,090 (5%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-18) — 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 12–44 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 update continuously.

Regional Range$40,995 – $41,485

South Jersey Classics

Newfield, NJ

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

View all vehicles from south jersey classics →

Request availability and out-the-door price

OAV will route your inquiry to South Jersey Classics 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 18, 2026

Listed by an independent dealer in Newfield, NJ · On lot for 3 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Corvette 1LT is listed at $46,900 by south jersey classics in Newfield, NJ 08344. It has 16,645 miles on the odometer. The exterior color is Red. It features a RWD drivetrain with a 6.2L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 10 similar vehicles in the Newfield market, the estimated market range is $40,995 to $41,485.

This vehicle has been on the lot for 3 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 Newfield, NJ coupes 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 Newfield, NJ, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1YB2D71G5117219 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 updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Corvette Market in NJ

Comparable Vehicles

285

Average Price

$63,548

Price Range

$34,819–$99,990

Avg Days on Lot

157

Based on 285 comparable 2014-2018 Chevrolet Corvette listings in NJ, the average asking price is $63,548. This listing at $46,900 is $16,648 below average (26% below market). Comparable prices in NJ range from $34,819 to $99,990. Similar vehicles spend an average of 157 days on dealer lots in this market.