Is the $8,794 price on this 2016 Toyota Corolla a good deal?

OAV rates this as Fair Price because the asking price of $8,794 is within the typical market range for this vehicle.

What is the average price for a 2016 Toyota Corolla in NC?

Based on 709 comparable listings in NC, the average asking price for a 2014-2018 Toyota Corolla is $13,273, with prices ranging from $5,995 to $20,999.

How long does a 2016 Toyota Corolla typically stay on dealer lots?

Comparable Toyota Corolla listings in NC spend an average of 47 days on dealer lots.

Where is this 2016 Toyota Corolla located?

This vehicle is listed in Asheboro, NC 27203. VIN: 2T1BURHEXGC606178. Mileage: 225,207 miles.

What is the fair market price range for this 2016 Toyota Corolla?

OAV's Price-to-Market analysis estimates the fair market range is $7,580 to $15,998, based on 22 comparable vehicles.

Vehicle Details

VIN2T1BURHEXGC606178

TrimLE

Exterior ColorSilver

DrivetrainFWD

Engine1.8L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot19

Days on Market34

2016 Toyota Corolla

Fair Price

$8,794225,207 miles

Asheboro, NC 27203

Market price position

Lowest comparable ($)

7,580

Highest comparable ($)

15,998

This vehicle's price ($)

8,794

$8,794 · within market range

$7,580comparable$15,998

Regional range: $7,580 – $15,998
vs. market: $1,214 above low · $7,204 below high
Comparable vehicles: 22

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 9–55 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 refresh daily.

Regional Range$7,580 – $15,998

Dealer Info

Hidden

Asheboro, NC

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About This 2016 Toyota Corolla

Listing updated: May 13, 2026

Listed by a franchise dealer in Asheboro, NC · On lot for 19 days · VIN verifiable at NHTSA

This used 2016 Toyota Corolla LE is listed at $8,794 by a franchise dealer in Asheboro, NC 27203. It has 225,207 miles on the odometer. The exterior color is Silver. It features a FWD drivetrain with a 1.8L I4 engine and CVT transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 22 similar vehicles in the Asheboro market, the estimated market range is $7,580 to $15,998.

This vehicle has been on the lot for 19 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 Asheboro, 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, 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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Asheboro, NC, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 2T1BURHEXGC606178 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Toyota Corolla Market in NC

Comparable Vehicles

709

Average Price

$13,273

Price Range

$5,995–$20,999

Avg Days on Lot

Based on 709 comparable 2014-2018 Toyota Corolla listings in NC, the average asking price is $13,273. This listing at $8,794 is $4,479 below average (34% below market). Comparable prices in NC range from $5,995 to $20,999. Similar vehicles spend an average of 47 days on dealer lots in this market.