2016 Toyota Corolla LE
Vehicle Details
LE
Raleigh, NC 27616
Is this 2016 Toyota Corolla LE a good deal?
OAV verdict: Overpriced
Why: Listed at $13,685, comparable market range $8,500–$12,689, based on 12 comparable listings. Listed 7 days.
Market price position
$13,685 · $996 above market high
- Comparable range
- $8,500 – $12,689
- vs. market high
- + $996 (8% above)
- Comparable vehicles
- 12
Market Retail Price (MRP™)
$10,595This vehicle $13,685 · $3,090 (29%) 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™)
$12,837This vehicle $13,685 · $848 (7%) above TRV
TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-08-22) — an estimate, not an appraisal. How TRV works.
Comparable vehicles nationally recently sold in an estimated 8–40 days, and this listing is still within that typical selling window.
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.
Bmw Of Raleigh
Raleigh, NC
OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.
Request availability and out-the-door price
OAV will route your inquiry to Bmw Of Raleigh for current availability of this 2016 Toyota Corolla LE 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 Toyota Corolla
Listing updated: Aug 22, 2026Listed by a franchise dealer in Raleigh, NC · On lot for 7 days · VIN verifiable at NHTSA
This used 2016 Toyota Corolla LE is listed at $13,685 by bmw of raleigh in Raleigh, NC 27616. It has 106,398 miles on the odometer (dealer-reported, not independently verified by OAV). The exterior color is White. It features a FWD drivetrain with a 1.8L I4 engine and CVT transmission.
OAV's independent, evidence-backed Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 12 comparable listings matched to this vehicle, the estimated market range is $8,500 to $12,689. The local market range in NC is $8,500 to $12,689. These comparisons match year, make, model, and market, 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 7 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 Raleigh, NC sedans 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 Toyota Corolla against similar vehicles currently available in the local and regional market — 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 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 Raleigh, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T1BURHE2GC538006 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 Toyota Corolla Market in NC
NC Market Listings
157
Average Price
$12,592
Price Range
$6,500–$23,998
Avg Days on Lot
70
Based on all 157 2014-2018 Toyota Corolla listings in the NC market, the average asking price is $12,592. This listing at $13,685 is $1,093 above the broader NC average (9% above the NC average). This is a wider, all-trim comparison across NC; OAV's price verdict above uses the closer comparable set. Comparable prices in NC range from $6,500 to $23,998. Similar vehicles spend an average of 70 days on dealer lots in this market.
Similar Toyota Corolla Listings in NC
8 similar listings shown (closest matches within ±2 model years) and ±30,000 miles (subject trim: LE — compare trims below)
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