Is the $37,627 price on this 2016 Chevrolet Corvette a good deal?

OAV rates this as Overpriced because the asking price of $37,627 is above the typical market range for this vehicle.

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

Based on 52 comparable listings in KY, the average asking price for a 2014-2018 Chevrolet Corvette is $48,512, with prices ranging from $28,900 to $92,396.

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

Comparable Chevrolet Corvette listings in KY spend an average of 81 days on dealer lots.

Where is this 2016 Chevrolet Corvette located?

This vehicle is listed in Louisville, KY 40222. VIN: 1G1YB2D7XG5122970. Mileage: 56,716 miles.

No Photo Available

Vehicle Details

VIN1G1YB2D7XG5122970

Trim1LT

Exterior ColorGray

DrivetrainRWD

Engine6.2L V8

TransmissionAutomatic

Fuel TypePremium Unleaded

Inventory Typeused

Days on Lot96

2016 Chevrolet Corvette

1LT

Unscored

$37,62756,716 mi

Louisville, KY 40222

Is this 2016 Chevrolet Corvette 1LT a good deal?

OAV verdict: Unscored

Why: Listed at $37,627, comparable market range $31,500–$37,125, based on 4 comparable listings. Days on lot: 96 days (market average 81 days).

Market price position

$37,627 · $502 above market high

$31,500comparable$37,125

Regional range: $31,500 – $37,125
vs. market high: + $502 (1% above)
Comparable vehicles: 4

Market Retail Price (MRP™)

$34,313

This vehicle $37,627 · $3,314 (10%) 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™)

$38,914

This vehicle $37,627 · $1,287 (3%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-24) — 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 12–41 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.

Local Range$37,125 – $37,125

Regional Range$31,500 – $37,125

Oxmoor Mazda

Louisville, KY

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

View all vehicles from oxmoor mazda →

Request availability and out-the-door price

OAV will route your inquiry to Oxmoor Mazda 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 24, 2026

Listed by a franchise dealer in Louisville, KY · On lot for 96 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Corvette 1LT is listed at $37,627 by oxmoor mazda in Louisville, KY 40222. It has 56,716 miles on the odometer. The exterior color is Gray. 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 Unscored due to insufficient comparable data. Based on 4 similar vehicles in the Louisville market, the estimated market range is $31,500 to $37,125. The local market range in KY is $37,125 to $37,125.

This vehicle has been on the lot for 96 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 Louisville, KY 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 a franchise dealer in Louisville, KY, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1YB2D7XG5122970 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 KY

Comparable Vehicles

Average Price

$48,512

Price Range

$28,900–$92,396

Avg Days on Lot

Based on 52 comparable 2014-2018 Chevrolet Corvette listings in KY, the average asking price is $48,512. This listing at $37,627 is $10,885 below average (22% below market). Comparable prices in KY range from $28,900 to $92,396. Similar vehicles spend an average of 81 days on dealer lots in this market.