Used 2016 Chevrolet Malibu for Sale nearAjax, ON

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 13.71% compared to this time last year, making it a favourable time to shop this model year.

There are 56 listings available, which gives you a modest amount of choice in the used market.

Is the 2016 Chevrolet Malibu a good car?

Generally — 4.33/5 is a strong user rating for this Malibu, and it lines up with the way owners describe it: a smooth ride, good features, and solid fuel economy. The review summary also points to strong performance and useful tech such as Apple CarPlay and Android Auto, which fits the car’s role as a roomy, modern-feeling family sedan. If you want a secondary car with a comfortable cabin and a practical feature set, this model year makes sense. With 28.6% of listings marked as good or great deals, you still have some room to shop selectively.

Is the 2016 Chevrolet Malibu reliable?

Owners rate it 4.33/5, a solid signal of long-term satisfaction.

The review summary suggests owners see it as dependable enough for everyday use, with comments that point to a solid choice for longer-term ownership. At the same time, some buyers mention build-quality concerns, so you should inspect any used example carefully and pay attention to signs of wear that could affect ownership confidence over time. For used-car shoppers, that means the Malibu can be a sensible pick, but condition matters a lot.

Is now a good time to buy a used 2016 Chevrolet Malibu?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile listings.

• Deal availability: 28.6% of listings are priced as good or great deals.
• Inventory: There are 56 listings available.
• Price trend: Prices have softened 13.71% compared with last year.

If you find a listing below $10,224 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2016 Chevrolet Malibu's resale value?

The current average of $10,636 CAD sits slightly below last year's $12,326 CAD.

That price movement suggests the Malibu has already absorbed a meaningful amount of depreciation, which can help future sellers if they buy at the right price today. If you purchase near the lower end of the current range, you reduce the risk of taking a bigger resale hit later. The model’s broad appeal as a comfortable, tech-friendly midsize sedan should help keep it relevant with used buyers.

Vehicles with solid owner satisfaction ratings, like this model year's 4.33/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2016 Chevrolet Malibu 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:

• 28.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 13.71% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.

The bottom line: You should focus on the 2016 if you want the newer ninth-generation Malibu feel, a roomy back seat, and a used price that has already come down meaningfully. If you are especially price-sensitive, a nearby year may be worth comparing, but the 2016 is the better starting point when you want the more modern design and a market that still offers some deal opportunities.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.