Used 2016 Chevrolet Impala Limited for Sale nearChicago, IL

How much does the 2016 Chevrolet Impala Limited cost?

Prices have softened 2.94% compared to this time last year, making it a favorable time to shop this model year.

There are 187 listings available, which gives you a modest amount of inventory to compare before you buy.

If you find a listing below $8,816.34, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2016 Chevrolet Impala Limited a good car?

Yes — based on a 5/5 user rating, this model year stands out as a strong choice for shoppers who value owner satisfaction.

With 21.9% of listings marked as good or great deals, you have a meaningful chance of finding a competitively priced example if you shop carefully.

Is the 2016 Chevrolet Impala Limited reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

For used buyers, that kind of feedback suggests lower ownership anxiety, but you should still focus on maintenance history and overall condition before you commit.

What should I look for when buying a used 2016 Chevrolet Impala Limited?

At 54% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.

You should run a vehicle history report on any promising listing and prioritize a pre-purchase inspection if the price looks unusually strong. Pay close attention to body condition, signs of prior repair, and whether the car’s wear matches its mileage and asking price.

Is now a good time to buy a used 2016 Chevrolet Impala Limited?

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you stay disciplined.

• Deal availability: 21.9% of listings are priced as good or great deals.
• Inventory: There are 187 listings available.
• Price trend: Prices have softened 2.94% compared with last year.
• Clean inventory: 54.0% of listings are accident-free.

If you find a listing below $8,816.34, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Impala Limited's resale value?

The current average of $8,955 sits slightly below last year's $9,227.

That tells you the market has eased a bit, which can make the car easier to buy now but may also limit short-term upside if you plan to resell soon. For a future seller, the current pricing suggests you should expect value to depend heavily on condition, mileage, and how well the car has been maintained.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chevrolet Impala Limited or consider a different year?

If you're weighing the 2016 against nearby model years, here's how to think about it:

Choose the 2016 if:

• 21.9% of listings are priced as good or great deals.
• At 54% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
• Price trend: Prices have softened 2.94% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.

The bottom line:

If you want a used Impala Limited with a solid satisfaction signal and a market that has softened a bit, the 2016 is a sensible primary choice. If you're especially price-sensitive, keep a close eye on the lower end of the range and compare condition carefully, since the mix of accident history and modest inventory means the best-value examples may move quickly.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.