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U.S. Patent No. 12,236,477 — Patented Automotive Data Standardization Technology
OAV

2016 Chevrolet Equinox LT

2016 Chevrolet EquinoxView this vehicle at richardson automotive →

Vehicle Details

VIN2GNFLFEKXG6274524
TrimLT
Exterior ColorRed
Drivetrain4WD
Engine2.4L I4
TransmissionAutomatic
Fuel TypeE85 / Unleaded
Inventory Typeused
Days on Lot120

LT

Overpriced
$11,07087,323 mi

Midland, MI 48640

Is this 2016 Chevrolet Equinox LT a good deal?

OAV verdict: Overpriced

Why: Listed at $11,070, comparable market range $4,999–$10,995, based on 10 comparable listings. Listed 120 days · about typical for comparable local listings (typical ~15–135 days).

Market price position

$11,070 · $75 above market high

Comparable range
$4,999 – $10,995
vs. market high
+ $75 (1% above)
Comparable vehicles
10

Market Retail Price (MRP™)

$7,997

This vehicle $11,070 · $3,073 (38%) 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™)

$10,734

This vehicle $11,070 · $336 (3%) above TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-31) — an estimate, not an appraisal. How TRV works.

Fast-selling model · older listing

Comparable vehicles nationally have sold faster than the market baseline, but this listing has been available longer than the cohort’s typical sell-time (about 1047 days).

What does Demand-Verified mean?

Verify before inquiring
  • This listing has been available about 2.6x longer than comparable vehicles typically take to sell (cohort sells in 10–47 days; this one is at 120). Confirm its history, condition, availability, and out-the-door price before proceeding.

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$4,999 – $10,995

Richardson Automotive

Midland, MI

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

About This 2016 Chevrolet Equinox

Listing updated: Aug 31, 2026

Listed by a franchise dealer in Midland, MI · On lot for 120 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Equinox LT is listed at $11,070 by richardson automotive in Midland, MI 48640. It has 87,323 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is Red. It features a 4WD drivetrain with a 2.4L I4 engine and Automatic transmission.

OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 10 comparable listings matched to this vehicle, the estimated market range is $4,999 to $10,995. These comparisons match year, make, and model, using trim where trim data supports it. OAV does not adjust comparables for odometer — where mileage would distort a verdict, it withholds one instead.

This vehicle has been on the lot for 120 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 Midland, MI suvs market analysis. OAV compares vehicles by local and regional price-to-market ranges and comparable count; days-on-lot and demand signals are shown separately, not as verdict inputs.

How this deal is rated

OAV compares this 2016 Chevrolet Equinox against similar vehicles currently available for sale — same make, model, and year range, using trim where trim data supports it. OAV does not adjust comparables for odometer; on very high-mileage vehicles it withholds a verdict rather than overstate a discount the odometer explains. Based on where this listing falls in that comparable set, it is rated:

  • Great Deal — priced below the comparable-range floor by a meaningful margin (OAV's minimum-gap rule); a listing below the floor by less than that margin is Fair Price.
  • 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 can surface additional verification signals, but commercial participation never changes a listing's Price-to-Market verdict, eligibility, ranking, or confidence.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Midland, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2GNFLFEKXG6274524 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.

2016 Chevrolet Equinox Market in MI

MI Market Listings

642

Average Price

$9,322

Price Range

$4,995–$14,972

Avg Days on Lot

113

Based on all 642 2014-2018 Chevrolet Equinox listings in the MI market, the average asking price is $9,322. This listing at $11,070 is $1,748 above the broader MI average (19% above the MI average). This is a wider, all-trim comparison across MI; OAV's price verdict above uses the closer comparable set. Comparable prices in MI range from $4,995 to $14,972. Similar vehicles spend an average of 113 days on dealer lots in this market.

Similar Chevrolet Equinox Listings in MI

8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LT — compare trims below)