Used 2016 Chevrolet Corvette Stingray Z51 Convertible 2D
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2016 Chevrolet Corvette Stingray Z51 Convertible 2D Depreciation
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2016 Chevrolet Corvette Stingray Z51 Convertible 2D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | + $1,059 | $47,796 | $46,505 | ||
2023 | $4,620 | $43,176 | $41,618 | ||
2024 | $5,041 | $38,135 | $36,452 | ||
Now | $2,891 | $35,244 | $33,423 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2016 Chevrolet Corvette Stingray Z51 Convertible 2D Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Specifications
Dimensions, Weights & Capacities
Curb Weight | 3362 lbs. | ||
|---|---|---|---|
Fuel Capacity | 18.5 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 43.0 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 176.9 inches | ||
Front Shoulder Room | 55.2 inches | ||
Trunk or Cargo Capacity | 10.0 cu.ft. | ||
Wheel Base | 106.7 inches | ||
Width with mirrors | 81.4 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
Fuel Economy
City | 16 mpg | ||
|---|---|---|---|
Highway | 29 mpg | ||
Combined | 20 mpg |
Mechanical
Drivetrain | RWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Performance
Horsepower | 455 @ 6000 RPM | ||
|---|---|---|---|
Torque | 460 @ 4600 rpm | ||
Engine | V8, 6.2 Liter |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
2016 Chevrolet Corvette Stingray Z51 Convertible 2D Standard Features
- Alarm System
- Bluetooth Streaming Audio
- Bluetooth Wireless Technology
- Cruise Control
- Dual Power Front Seats
- Hands Free Phone
- Heated Seats
- Integrated Garage Door Opener
- Internet Access
- Leather Seats
- Leather-Wrapped Steering Wheel
- Navigation System
- Power Driver's Seat
- Power Outlet
- Power Windows
- Proximity Sensing Keyless Entry
- Push-Button Engine Start
- Rear Window Defroster
- Remote Keyless Entry
- Satellite Radio
- Smartphone Interface
- Steering Wheel Controls
- Tilt Steering Wheel
- Tilt/Telescoping Steering Wheel
- Touch Screen Monitor
- USB Port
2016 Chevrolet Corvette
KBB.com Review
Kbb.com Expert Rating
If you revel in the thought of attaining one of the most impressive performance machines on the planet and paying a paltry sum for the privilege, the 2016 Chevy Corvette coupe or convertible is the car for you. Given its stats, even the pricier Z06 remains a relative bargain.
About the only reason we can think not to like the Corvette may be its overly aggressive styling. Honestly, beyond its 2-person limit, the Corvette doesn’t have any real faults. At nearly 30-mpg highway, even the gas-guzzler argument falls by the wayside.
2016 Chevrolet Corvette
KBB.com Consumer Reviews
Consumer Rating
Compare to Similar Vehicles
Used 2016 Chevrolet Corvette Stingray Z51 Convertible 2D | New 2024 MINI Convertible | New 2025 MAZDA MX-5 Miata | Used 2020 Mercedes-Benz Mercedes-AMG C-Class | ||
|---|---|---|---|---|---|
| Price | $39,584 | $36,695 | $36,935 | $36,103 | |
| KBB.com Rating | 4.0 | 3.3 | N/A | 4.7 | |
| Consumer Rating | 4.5 | 4.6 | 4.7 | 4.4 | |
| Fuel Economy | City 16/Hwy 29/Comb 20 MPG | City 27/Hwy 38/Comb 31 MPG | City 26/Hwy 35/Comb 29 MPG | City 18/Hwy 25/Comb 21 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | $56,144 | N/A | N/A | |
| Seating Capacity | 2 | 4 | 2 | 4 | |
| Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 4 years or 50000 miles | |
| Horsepower | 455 @ 6000 RPM | 134 @ 4500 RPM | 181 @ 7000 RPM | 385 @ 6100 RPM | |
| Engine | V8, 6.2 Liter | 3-Cyl, Turbo, 1.5 Liter | 4-Cyl, SKYACTIV-G, 2.0 Liter | V6, Twin Turbo, 3.0 Liter | |
| Drivetrain | RWD | FWD | RWD | AWD |