Sell your 2016 Chevrolet Corvette for cash

The 2016 Chevrolet Corvette is a two-seat sports car that came with a 6.2L 8-cyl engine. At 10 years old, many are reaching the point where repairs cost more than the car is worth. Running or not, we'll make you an offer and tow it away for free.

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2016 Chevrolet Corvette at a glance

Body styleTwo Seaters
Engines6.2L 8-cyl (supercharged versions available)
TransmissionsAutomatic (S8), Manual 7-spd
DriveRear-Wheel Drive
FuelPremium Gasoline
Fuel economy13–17 city / 22–29 highway / 16–21 combined MPG
EPA annual fuel cost$3,900–$5,150 a year (EPA estimate at current fuel prices, 15,000 miles)
Tailpipe CO₂426–539 grams per mile
EPA fuel economy score3–5 out of 10
EPA greenhouse gas score3–5 out of 10
Gross vehicle weight rating3,871–4,163 lb
Versions tested by EPA4 configurations
Age10 years

Specs, fuel cost and emissions from the EPA's fueleconomy.gov data. Your car's exact equipment may differ.

What affects its junk value

  • Age: at 10 years old, a 2016 Corvette is newer than most junk cars, so working parts like the engine, transmission and body panels are in demand from rebuilders and parts buyers.
  • Weight: as a two-seat sports car, it weighs less than a truck or SUV, so its value leans more on parts than on scrap weight. See how scrap prices by weight work.
  • Catalytic converter: like all gas and diesel cars, it has a catalytic converter containing precious metals, one of the most valuable parts on a junk car. An offer assumes it's still in place. More on catalytic converters.
  • Recalls: NHTSA lists 2 recalls for the 2016 Corvette. Open recalls don't stop you from selling or junking it.
  • Known problems: owners reported the most issues with the wheels, typically around 18,000 miles. If that's what failed on yours, it can still be sold as-is.

How junk car offers are calculated

2016 Chevrolet Corvette recalls

NHTSA lists 2 safety recalls covering the 2016 Chevrolet Corvette. Open recalls don't stop you from selling or junking the car, but check your VIN at nhtsa.gov/recalls to see which apply to yours.

Seat BeltsJul 2017 · NHTSA campaign 17V437000

General Motors LLC (GM) is recalling certain model year 2014-2016 Buick Lacrosse and Chevrolet Spark EV, Caprice PPV and SS vehicles, 2014-2017 Buick Encore and Chevrolet Corvette, Silverado 1500 and GMC Sierra 1500 vehicles, 2015-2016 Cadillac Escalade and Escalade ESV, Chevrolet Tahoe, Trax, Suburban and Silverado 2500 and 3500 and…

Risk: A failure of the front air bags or seat belt pretensioners to deploy in the event of a crash necessitating deployment increases the risk of injury to the driver and front passenger.

Seat BeltsSep 2016 · NHTSA campaign 16V651000

General Motors LLC (GM) is recalling certain model year 2015-2017 Chevrolet Silverado 2500 HD, 3500 HD, Tahoe, Suburban, GMC Sierra 2500 HD and 3500 HD, GMC Yukon, GMC Yukon XL, Cadillac Escalade and Cadillac Escalade ESV vehicles and 2014-2017 Chevrolet Corvette, Silverado 1500, Trax, Caprice Police Pursuit Vehicle, GMC Sierra 1500…

Risk: A failure of the front air bags or seat belt pretensioners to deploy in the event of a crash necessitating deployment increases the risk of injury to the driver and front passenger.

Common 2016 Corvette problems

Owners have filed 104 complaints about the 2016 Chevrolet Corvette with NHTSA. 1 report involved a crash and 1 report involved a fire. Owners reported 1 injury.

Complaints are reports from owners and aren't verified by NHTSA. One complaint can list several components. Mileage is the median odometer reading owners reported for that component.

Most-reported components

  • Wheels55
  • Fuel/Propulsion System14
  • Power Train10
  • Electrical System6
  • Engine6
  • Steering5

Typical mileage when problems were reported

  • Wheels18,000 mi
  • Fuel/Propulsion System3,000 mi
  • Power Train12,000 mi
  • Electrical System38,000 mi
  • Engine15,000 mi
  • Steering1,000 mi

2016 Chevrolet Corvette service bulletins

Manufacturers have filed 1,461 technical service bulletins and communications with NHTSA covering the 2016 Chevrolet Corvette. These are repair instructions for known issues, not recalls.

Most common bulletin topics

  • Equipment189
  • Equipment137
  • Engine and Engine Cooling131
  • Electrical System118
  • Engine108
  • Power Train108

Recent bulletins

  • Service Bulletin/Repair InstructionsSep 2026 · PIT5698F

    This PI provides Diagnostics tips on how the LIN bus works and how to diagnosis it.

  • Service Bulletin/Repair InstructionsSep 2026 · PIP5700H

    This PI communicates the proper part numbers for transmission connectors and internal harness to prevent confusion when ordering

  • Service Bulletin/Repair InstructionsSep 2026 · PIP4902W

    This preliminary information advises a dealer on how to email GDS2 session logs into Technical Assistance.

  • Service Bulletin/Repair InstructionsJul 2026 · PIT5099J

    PI to help diagnose A/C concern

Source: NHTSA manufacturer communications (technical service bulletins).

Other Chevrolet Corvette years

‹ Sell a 2015 Corvette · Sell a 2017 Corvette › · All Chevrolet Corvette years

Other 2016 Chevrolet models

Selling a 2016 Corvette: questions

How much is a 2016 Chevrolet Corvette worth for junk?

It depends on its condition, whether major parts like the engine, transmission and catalytic converter are still there, and current scrap and parts prices where you live. Its parts make up much of its value. Enter your ZIP code above for a free offer on your specific car.

Can I junk a 2016 Corvette that doesn't run?

Yes. We buy 2016 Corvettes that don't start, were in an accident, failed inspection or have a blown engine or transmission. Towing is always free.

Can I sell a 2016 Corvette with open recalls?

Yes. Open recalls don't prevent a junk sale. NHTSA lists 2 recalls for the 2016 Chevrolet Corvette; you can check whether any are still open on yours with the VIN lookup at nhtsa.gov/recalls.

What paperwork do I need to sell my 2016 Corvette?

Usually the title and a photo ID. Rules differ by state, including what to do with your plates and whether to file a notice of sale. Check our state-by-state car title guides for the official forms.

Before you sell

Sources

Data retrieved October 2026.

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