2016 Chevrolet Corvette — Carivo review carivo.co
Sports

2016 Chevrolet Corvette

Independent review & score by Carivo

Price Range $54,400–$78,000
Fuel Economy 18 MPG
Seating 2 passengers
Category Sports
Est. Annual Fuel $2,917/yr

Key Specifications — 2016 Chevrolet Corvette

Engine6.2L 8-Cylinder
TransmissionAutomatic (S8)
DrivetrainRear-Wheel Drive
Fuel TypePremium
City / Hwy MPG13 / 23 MPG
Combined MPG16 MPG
Est. Annual Fuel Cost$5,100
CO₂ Emissions539 g/mi
Seating Capacity2 passengers
Body StyleSports
Base Price$54,400–$78,000

Source: EPA FuelEconomy.gov & manufacturer data. Figures reflect base trim; actual specs vary by trim level.

About the 2016 Chevrolet Corvette

The 2016 Chevrolet Corvette is a sports that earns a Carivo score of 8.0/10 — rated Recommended. Its strongest dimension is Performance at 9.2/10, while Value at 6.8/10 is where it trails the competition most noticeably. It's a solid all-rounder that delivers across most dimensions without obvious deal-breakers.

Reliability and safety are the two dimensions that matter most for long-term ownership costs. The reliability picture is solid rather than spectacular: 7.2/10, which puts it comfortably above the class median. Safety is a notable gap at 6.9/10 in our scoring — below what the best in segment deliver. Check the official NHTSA ratings for the trim you're considering before deciding.

Few rivals match it for performance: 9.2/10. Expect handling and power delivery that make this one of the more entertaining sportss to actually drive. On technology it rates 8.2/10: a modern, well-integrated suite that compares favorably with anything at this price point.

Priced from $54,400–$78,000, 18 MPG, seating 2, the Chevrolet Corvette sits in the premium tier of the sports category. The value score of 6.8/10 is a red flag — comparable alternatives offer meaningfully more for the same outlay. Shop the segment before deciding. At 10 years old, resale value, parts availability, and whether a successor model has improved on its weak points are all worth investigating before committing.

Verdict: Nothing about the 2016 Chevrolet Corvette will scare a sensible buyer off. Keep an eye on safety and value if those matter to you; otherwise it does what a good sports should — quietly and competently.

Carivo scores are our own editorial assessment, informed by NHTSA safety and recall records, EPA fuel-economy figures, and manufacturer-published specifications. Scores are reviewed periodically and updated when new data becomes available. See our full methodology →

How It Ranks Among Sportss

The 2016 Chevrolet Corvette ranks #68 of 316 sportss in the Carivo database — better than 79% of the segment. Its 8.0/10 overall score is 0.3 points above the segment average of 7.7/10. Its $54,400 starting price is about 18% above the segment's median of $46,090.

Rankings are recalculated as new vehicles and scores are added. See the full Sports ranking →

Which Corvette Year Should You Buy?

Across the Corvette model years we've scored, the 2016 holds its position — we didn't find an older year that delivers similar scores for meaningfully less money.

YearScoreStarting price (MSRP when new)
2026 8.3/10$112,445 Read review →
2025 8.3/10$112,445 Read review →
2024 8.3/10$109,445 Read review →
2023 8.2/10$106,695 Read review →
2022 8.2/10$91,845 Read review →
2021 8.1/10$87,995 Read review →
2020 8.0/10$84,445 Read review →
2019 8.1/10$56,900 Read review →
2018 8.1/10$56,000 Read review →
2017 8.0/10$55,400 Read review →
2016 (this review) 8.0/10$54,400
2015 7.9/10$52,100 Read review →

Pros & Cons — 2016 Chevrolet Corvette

✓ What it does well

  • Engaging driving dynamics with class-leading power and handling
  • Modern, intuitive tech suite with wireless connectivity and up-to-date ADAS

✗ Where it falls short

  • Reliability scores are mid-pack; some owners report higher-than-expected maintenance needs
  • Fuel economy at 18 MPG is low — running costs will add up quickly

NHTSA Recalls — 2016 Chevrolet Corvette (2 on record)

The following recall campaigns have been filed with NHTSA for this model and year. Recall repairs are performed free of charge by franchised dealers; check your specific vehicle by VIN at nhtsa.gov/recalls.

Air bags / Frontal
08/09/2016 · 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…
Air bags / Frontal
10/07/2017 · 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…

Source: NHTSA recall database, fetched at page build time.

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