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What is the fair market value of a 2016 Chevy Impala?

The fair market value of a 2016 Chevy Impala can vary depending on several factors, such as the vehicle's condition, mileage, and location. However, based on research and industry data, we can provide a general estimate of the fair market value for this model year.


Factors Affecting Fair Market Value


The fair market value of a 2016 Chevy Impala is influenced by the following key factors:



  • Mileage: Vehicles with lower mileage tend to have a higher fair market value compared to those with higher mileage.

  • Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining the fair market value.

  • Location: The geographic region where the vehicle is being sold can impact the fair market value, as prices may vary based on local supply and demand.

  • Options and Upgrades: Vehicles with additional features, such as upgraded trim levels, technology packages, or specialized equipment, may have a higher fair market value.


By considering these factors, we can provide a more accurate estimate of the fair market value for a 2016 Chevy Impala.


Estimated Fair Market Value


According to industry data and research, the estimated fair market value for a 2016 Chevy Impala in average condition with typical mileage (around 80,000 miles) is between $12,000 and $15,000.


However, it's important to note that this is a general estimate, and the actual fair market value may vary depending on the specific vehicle's condition, mileage, and location. To get a more accurate assessment, it's recommended to consult with a professional automotive appraiser or use online valuation tools that consider the unique characteristics of the vehicle.

What year Impala is the most sought after?


Today, the original 1958 Impala is a holy grail among American car collectibles. The convertible version is especially in demand because there were only 56,000 ever produced. If you're looking to score one of them, you'll find a few popping up at auctions for over $100,000.



Why is Impala being discontinued?


Namely, dwindling sales numbers for sedans, overall, and for Impala numbers specifically. General Motors was also trying to streamline its efforts into marketing and building crossovers and SUVs—like every other big car company out there—so the Impala was largely forgotten.



What is the book value of a 2016 Chevy Impala?


2016 Chevrolet Impala Value - $4,717-$16,832 | Edmunds.



Is 2016 Impala reliable?


This sedan also earns great safety scores and has a low average price for the class. Its reliability rating is considered average among all vehicles on the market.



What is an Impalas lifespan?


What is an impala?

  • Scientific name. Aepyceros melampus.
  • Weight. 40 to 60 kilograms (90 to 130 pounds)
  • Size. About 1 meter tall (28 to 36 inches)
  • Life span. Average 13 to 15 years in the wild (about 17 in captivity)
  • Habitat. Savannas, grasslands, shrubland, and light woodlands.
  • Diet. Herbivorous.
  • Gestation.
  • Predators.



What is the price of a Chevrolet Impala 2016?


2016 Chevrolet Impala Limited pricing starts at $8,223 for the Impala Limited LS Sedan 4D, which had a starting MSRP of $26,855 when new. The range-topping 2016 Impala Limited LTZ Sedan 4D starts at $8,299 today, originally priced from $31,360. KBB Fair Purchase Price (national avg.)



What is the most sought after year of Impala?


The original 1958 Impala is a holy grail among American car collectibles, with the convertible version being in demand because there were only 56,000 ever produced.

  • 1958 Chevrolet Bel Air Impala – The First-Generation Impala.
  • 1964 Chevrolet Impala – The Sleek Lowrider.



How many miles can a 2016 Chevy Impala last?


With proper maintenance, a Chevy Impala may be able to reacH200,000 miles. This however assumes a few things. The first is that You keep to the maintenance schedule.



What year Impala is worth the most?


Today, the original 1958 Impala is a holy grail among American car collectibles. The convertible version is especially in demand because there were only 56,000 ever produced. If you're looking to score one of them, you'll find a few popping up at auctions for over $100,000.



Do Chevy Impalas hold their value?


A 2018 Chevrolet Impala has depreciated $9,497 or 46% in the last 3 years and has a current resale value of $10,878 and trade-in value of $9,169. The 2018 Chevrolet Impala is in the 25-75% percentile for depreciation among all 2018 Sedans.


Kevin's Auto

Kevin Bennett

Company Owner

Kevin Bennet is the founder and owner of Kevin's Autos, a leading automotive service provider in Australia. With a deep commitment to customer satisfaction and years of industry expertise, Kevin uses his blog to answer the most common questions posed by his customers. From maintenance tips to troubleshooting advice, Kevin's articles are designed to empower drivers with the knowledge they need to keep their vehicles running smoothly and safely.