$4,099 higher median
2016 Jaguar XJ
All trims
$16,394Median asking price · 63 qualifying listings
Middle 50%$14,299–$18,523
Find listings on VehiSales ↗Actual XJL Supercharged RWD listing photo; individual equipment may differ.
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2016 BMW 550i
VIN
WBAKP9C56GD980706
GREAT DEAL
· $3,604 below typical price
Merrillville, IN
Listed at
$12,295
typical market $15,899 · 23 comps
This 2016 BMW 550i is listed at $12,295 with 100,067 miles in Merrillville, IN.
Compare alternatives from other brands ↓
Sold by Luxury Motor, Inc
7809 Taft St, Merrillville, IN 46410
Contact details come from the dealer's listing and public business records. VinAssessment is not the seller and takes no fee — you deal with the dealer directly.
Inside your report
VIN report
2016 BMW 550i
VIN WBAKP9C56GD980706
Accidents
Reported damage & accident records
Title
Salvage, flood & other title brands
Mileage
Recorded odometer readings
Listings
Past prices, dealers & listing photos
Section preview · Results shown in the full report
Market price range
Based on 23 comparable same-build listings · Market data as of October 10, 2026This vehicle · $12,295
Below market
$13,920
Typical price
$15,899
Above market
$17,995
This vehicle: $12,295 — below the market range (typical price $15,899)
Asking $12,295 · typical market price $15,899 · based on 23 comparable same-build listings.
THE SMARTER NEXT STEP
Love this car? See what else is out there.
2016 BMW 550i for sale near MerrillvilleIN
This car is the cheapest of 3 within 50 miles
2 same trim
from $14,997
▲ $2,702 more
Highland
See all 2 cars near you →
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Vehicle locations appear when available.
Price history for this VIN
Price dropped $2,605 (−17.5%) over 17 days.
Sep 16, 2026 · $14,900
Oct 3, 2026 · $12,295
Asking prices recorded across 3 listing dates for VIN WBAKP9C56GD980706, spanning 17 days.
Active listing
Full listing history on VehiSales →| Dealer | Location | Price | Mileage | Listed | Seen |
|---|---|---|---|---|---|
| Luxury Motor, Inc. | Merrillville, IN 46410 | $12,295 | 100,067 mi | 2026-10-03 | 17 h ago |
Former listings
| Dealer | Location | Price | Mileage | Listed | Seen |
|---|---|---|---|---|---|
| Luxury Motor Inc | Merrillville, IN 46325 | $15,150 | 100,067 mi | 2026-09-17 | 16 d ago |
Decoded from the VIN
NHTSA build data for WBAKP9C56GD980706Engine
Horsepower
448
Drivetrain
AWD/All-Wheel Drive
Body
Sedan/Saloon
Fuel
Gasoline
Doors
4
Model year
2016
Made by
BMW AG
Full factory specs for this build →
- ✗ Backup camera
- ✗ Blind-spot monitor
- ✗ Lane departure
- ✗ ABS
- ✗ Electronic stability
Fuel economy (EPA)
Combined
20
MPG
City
17
MPG
Highway
25
MPG
$2,330
/yr est. fuel
Assumes 15,000 miles a year at $3.10/gallon and 20 MPG combined.
5-year cost to own
Beyond the sticker: what this 2016 BMW 550i likely costs over five years at 15,000 mi/yr.
Depreciation
$1,405
Fuel
$11,650
Insurance
$4,463
Maintenance & repairs
$8,250
Total, 5 years
$25,768
Estimate — insurance and taxes vary by driver and state.
Safety & recalls
NHTSA crash tests & recall campaigns for this model yearThe 2016 BMW 550i has 2 recall campaigns as of September 2026. EPA combined fuel economy: 20 MPG.
2 recall campaigns on this model year
Check accident & title history →
-
AIR BAGSBMW of North America, LLC (BMW) is recalling certain model year 2017 BMW 640i, 640i xDrive, 650i, 650i xDrive, M6, 535i, 535i xDrive, 430i, 430i xDrive, 440i, 440i xDrive, M4, X1…NHTSA campaign 16V914000
-
CHILD SEATBMW of North America, LLC (BMW) is recalling certain model year 2016 528i, 528i xDrive, 535i, 535i xDrive, 535d xDrive, M5, 550i, 550i xDrive, and 535d sedans.NHTSA campaign 15V718000
Recall campaigns apply to the model year, not to one car. Check remedy status for this VIN at nhtsa.gov/recalls.
Model-level data for the 2016 BMW 550i from NHTSA (recalls, NCAP crash tests) and EPA fueleconomy.gov, refreshed September 27, 2026.
A little comparison goes a long way
About this comparison ↓What else could you drive?
Compare 2016 BMW 550i with other models from the same year. Choose the trims that matter to you.
As of October 11, 2026, among same-year alternatives to the 2016 BMW 550i in this catalog, the 2016 Cadillac XTS has the lowest median asking price ($14,500, 170 listings with photos) and the 2016 Cadillac CT6 the highest ($17,980, 98 listings).
Comparison catalog · Snapshot October 11, 2026, 05:00 UTC · Only listings with photos. This sample is separate from the price overview above and its figures differ.
The car you are viewing
2016 BMW 550i
All trims · United States
$12,295Catalog asking price for this VIN
Trim median $14,997 · 39 listings with photos
Middle 50%: $12,999–$16,555
Explore this model’s prices →Explore the alternatives
Change trims, mileage or location →
$5,199 higher median
2016 Audi A7
All trims
$17,494Median asking price · 89 qualifying listings
Middle 50%$14,786–$19,995
Find listings on VehiSales ↗Actual Quattro Prestige listing photo; individual equipment may differ.
$5,685 higher median
2016 Cadillac CT6
All trims
$17,980Median asking price · 98 qualifying listings
Middle 50%$14,995–$22,125
Find listings on VehiSales ↗Actual Luxury listing photo; individual equipment may differ.
$2,205 higher median
2016 Cadillac XTS
All trims
$14,500Median asking price · 170 qualifying listings
Middle 50%$11,595–$17,488
Find listings on VehiSales ↗Actual Standard listing photo; individual equipment may differ.
$5,005 higher median
2016 Lexus CT
All trims
$17,300Median asking price · 49 qualifying listings
Middle 50%$15,599–$19,146
Find listings on VehiSales ↗Actual 200H listing photo; individual equipment may differ.
Compare prices side by side
| Model / trim | Median | Middle 50% | Listings |
|---|---|---|---|
| 2016 BMW 550i All trims | $14,997 | $12,999–$16,555 | 39 |
| 2016 Jaguar XJ All trims | $16,394 | $14,299–$18,523 | 63 |
| 2016 Audi A7 All trims | $17,494 | $14,786–$19,995 | 89 |
| 2016 Cadillac CT6 All trims | $17,980 | $14,995–$22,125 | 98 |
| 2016 Cadillac XTS All trims | $14,500 | $11,595–$17,488 | 170 |
| 2016 Lexus CT All trims | $17,300 | $15,599–$19,146 | 49 |
What these prices mean
Only catalog listings with photos are included. Trim names do not verify equivalent equipment. Prices are asking prices, not completed sales. Alternatives share the body style and class of the source model; the nearest model years are used when the same year has too few listings. Price differences are not a valuation adjustment or guaranteed savings.
Snapshot: October 11, 2026, 05:00 UTC. 0 source listings excluded by statistical price screening; this does not verify that every deposit or payment ad has been removed.
VehiSales opens in a new tab with the model, year and known mileage range. Confirm trim, fuel, drivetrain, condition and location on VehiSales; its live inventory may differ.
Market by model year
Gen 1 · 1996–presentWhat each model year costs right now — live supply, median asking price and how much value each year keeps versus the newest one.
| Year | Units for sale | Median price | vs newest | Avg mileage |
|---|---|---|---|---|
| 2016 | 45 | $14,993 | 100% | 97,022 mi |
| 2015 | 27 | $14,899 | 99% | 103,157 mi |
| 2014 | 50 | $13,339 | 89% | 100,143 mi |
| 2013 | 48 | $12,250 | 82% | 101,376 mi |
| 2012 | 45 | $9,995 | 67% | 97,370 mi |
| 2011 | 47 | $9,999 | 67% | 105,108 mi |
| 2010 | 12 | $10,499 | 70% | 104,007 mi |
| 2008 | 13 | $8,409 | 56% | 138,557 mi |
Units for sale — listings of each model year in the latest nightly market snapshot.
