Used 2016 Chevrolet Corvette Z06 Convertible 2D
Pricing
Sign Up for Pricing Updates
Stay up to date by tracking the KBB.com Fair Purchase Price.
Values and Prices
Fair Purchase Price is determined by collecting thousands of actual consumer vehicle purchase prices, plus data from national vehicle registration databases and several other reliable third-party sources.
Estimated Values
Condition | Trade-In Value | Private Party Value | ||
|---|---|---|---|---|
Excellent | $51,230 | $55,090 | ||
Very Good | $50,630 | $54,390 | ||
Good | $49,930 | $53,590 | ||
Fair | $48,130 | $51,690 |
Estimated Trade-In Values for the 2016 Chevrolet Corvette Z06 Convertible 2D range from about $48,130 to $51,230 depending on vehicle condition. Estimated Private Party Values range from about $51,690 to $55,090 depending on vehicle condition. Valid for ZIP Code 96099 through 10/2/2026.
2016 Chevrolet Corvette Z06 Convertible 2D Depreciation
Login or create a new account to see your vehicle depreciation forecast data.
2016 Chevrolet Corvette Z06 Convertible 2D Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2023 | $4,525 | $56,594 | $55,496 | ||
2024 | $6,023 | $50,571 | $49,105 | ||
2025 | + $1,031 | $51,602 | $50,648 | ||
Now | + $1,298 | $52,900 | $49,300 |
Unlock Forecast
2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2016 Chevrolet Corvette Z06 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.
Already Own This Car?
Calculate Your Budget With These KBB.com Tools
Specifications
Dimensions, Weights & Capacities
Curb Weight | 3582 lbs. | ||
|---|---|---|---|
Fuel Capacity | 18.5 gallons | ||
Front Head Room | 37.9 inches | ||
Front Leg Room | 43.0 inches | ||
Max Seating Capacity | 2 | ||
Overall Length | 177.9 inches | ||
Front Shoulder Room | 55.2 inches | ||
Trunk or Cargo Capacity | 10.0 cu.ft. | ||
Wheel Base | 106.7 inches |
Exterior
Alloy Wheels | Available | ||
|---|---|---|---|
HID Headlights | Available | ||
Number of Doors | 2 doors | ||
Rear Spoiler | Available |
Fuel Economy
City | 13 mpg | ||
|---|---|---|---|
Highway | 23 mpg | ||
Combined | 16 mpg |
Mechanical
Drivetrain | RWD | ||
|---|---|---|---|
Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Premium | ||
Limited Slip Differential | Available |
Performance
Horsepower | 650 @ 6400 RPM | ||
|---|---|---|---|
Torque | 650 @ 3600 rpm | ||
Engine | V8, Sprchrgd, 6.2L |
Warranty
Basic | 3 years / 36000 miles | ||
|---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
2016 Chevrolet Corvette Z06 Convertible 2D Standard Features
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
2016 Chevrolet Corvette Z06 Convertible 2D Safety
Safety Features & Technology
Compare to Similar Vehicles
 Used 2016 Chevrolet Corvette Z06 Convertible 2D |  Used 2020 Mercedes-Benz SL |  Used 2020 BMW M4 |  Used 2022 Jaguar F-TYPE | ||
|---|---|---|---|---|---|
| Price | $55,000 | $50,500 | $51,000 | $50,800 | |
| KBB.com Rating | 4.0 | N/A | 4.1 | 4.3 | |
| Consumer Rating | 4.5 | 4.6 | 3.8 | 4.7 | |
| Fuel Economy | City 13/Hwy 23/Comb 16 MPG | City 20/Hwy 28/Comb 22 MPG | City 17/Hwy 25/Comb 20 MPG | City 17/Hwy 24/Comb 19 MPG | |
| Fuel Type | Gas | Gas | Gas | Gas | |
| Seating Capacity | 2 | 2 | 4 | 2 | |
| Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 4 years or 50000 miles | 5 years or 60000 miles | |
| Horsepower | 650 @ 6400 RPM | 362 @ 5500 RPM | 425 @ 7300 RPM | 444 @ 6000 RPM | |
| Engine | V8, Sprchrgd, 6.2L | V6, Twin Turbo, 3.0 Liter | 6-Cyl, Twin Turbo, 3.0 Liter | V8, Supercharged, 5.0 Liter | |
| Drivetrain | RWD | RWD | RWD | RWD |