Is the $8,973 price on this 2016 GMC Terrain a good deal?

OAV rates this as Fair Price because the asking price of $8,973 is within the typical market range for this vehicle.

What is the average price for a 2016 GMC Terrain in IL?

Based on 187 comparable listings in IL, the average asking price for a 2014-2018 GMC Terrain is $11,256, with prices ranging from $3,200 to $20,695.

How long does a 2016 GMC Terrain typically stay on dealer lots?

Comparable GMC Terrain listings in IL spend an average of 96 days on dealer lots.

Where is this 2016 GMC Terrain located?

This vehicle is listed in Palatine, IL 60074. VIN: 2GKALPEK0G6180715. Mileage: 131,443 miles.

What is the fair market price range for this 2016 GMC Terrain?

OAV's Price-to-Market analysis estimates the fair market range is $7,500 to $12,990, based on 12 comparable vehicles.

No Photo Available

Vehicle Details

VIN2GKALPEK0G6180715

TrimSLT

Exterior ColorBlack

DrivetrainFWD

Engine2.4L I4

TransmissionAutomatic

Fuel TypeE85 / Unleaded

Inventory Typeused

Days on Lot24

2016 GMC Terrain

SLT

Fair Price

$8,973131,443 mi

Palatine, IL 60074

Is this 2016 GMC Terrain SLT a good deal?

OAV verdict: Fair Price

Why: Listed at $8,973, comparable market range $7,500–$12,990, based on 12 comparable listings. Days on lot: 24 days (market average 96 days).

Market price position

$8,973 · within market range

$7,500comparable$12,990

Regional range: $7,500 – $12,990
vs. market: $1,473 above low · $4,017 below high
Comparable vehicles: 12

Market Retail Price (MRP™)

$10,245

This vehicle $8,973 · $1,272 (12%) 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™)

$10,019

This vehicle $8,973 · $1,046 (10%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-28) — 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 12–42 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$7,500 – $12,990

Volkswagen Of Palatine

Palatine, IL

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

View all vehicles from volkswagen of palatine →

Request availability and out-the-door price

OAV will route your inquiry to Volkswagen Of Palatine for current availability of this 2016 GMC Terrain SLT 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 GMC Terrain

Listing updated: Jul 27, 2026

Listed by a franchise dealer in Palatine, IL · On lot for 24 days · VIN verifiable at NHTSA

This used 2016 GMC Terrain SLT is listed at $8,973 by volkswagen of palatine in Palatine, IL 60074. It has 131,443 miles on the odometer. The exterior color is Black. It features a FWD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 12 similar vehicles in the Palatine market, the estimated market range is $7,500 to $12,990.

This vehicle has been on the lot for 24 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 Palatine, IL suvs 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 GMC Terrain 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 Palatine, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2GKALPEK0G6180715 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 GMC Terrain Market in IL

Comparable Vehicles

187

Average Price

$11,256

Price Range

$3,200–$20,695

Avg Days on Lot

Based on 187 comparable 2014-2018 GMC Terrain listings in IL, the average asking price is $11,256. This listing at $8,973 is $2,283 below average (20% below market). Comparable prices in IL range from $3,200 to $20,695. Similar vehicles spend an average of 96 days on dealer lots in this market.