Used 2016 Chevrolet Malibu for Sale nearMississauga, ON

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 10.27% compared to this time last year, making it a favourable time to shop this model year.

There are 53 listings available, which suggests a modest amount of inventory for shoppers comparing used examples.

Is the 2016 Chevrolet Malibu a good car?

Generally — the 2016 Chevrolet Malibu earns a 4.3/5 user rating, which points to broad owner satisfaction. You’ll see recurring praise for its smooth ride, useful features like Apple CarPlay and Android Auto, and strong fuel economy. It also fits well if you want a midsize sedan with a roomier cabin and a more refined feel than the model it replaced. With 32.1% of listings marked as good or great deals, you have a decent chance of finding a competitive offer.

Is the 2016 Chevrolet Malibu reliable?

Owners rate it 4.3/5, a solid signal of long-term satisfaction.

User feedback also leans toward the Malibu being dependable enough for everyday use, with owners describing it as a solid choice and noting its strong fuel economy and comfortable driving experience. That said, some reviews mention build-quality concerns and weaker acceleration, so you should still inspect any used example carefully before committing.

For used buyers, the main long-term ownership risk is less about outright failure and more about finding a well-kept example that has been maintained consistently.

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

This is a moderate market for selective buyers, so you can shop patiently and still find worthwhile listings.

• Deal availability: 32.1% of listings are priced as good or great deals.
• Inventory: There are 53 listings available.
• Price trend: Prices have softened 10.27% compared with last year.

If you find a listing below $10,047 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 $10,047 CAD sits slightly below last year's $11,197 CAD.

That price movement suggests the Malibu has become more accessible for buyers, but it also means future sellers may need to price competitively to stand out. If you buy at the current average or below, you may have a better chance of limiting depreciation pressure later. The model’s value proposition is helped by its strong owner satisfaction and broad appeal as a comfortable midsize sedan.

Vehicles with solid owner satisfaction ratings, like this model year's 4.3/5, 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:

• 32.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 10.27% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: The 2016 Malibu is the better pick if you want the newer, more refined version of this generation and you value a comfortable cabin, useful tech, and a lower entry price. If you’re especially price-sensitive, a nearby year may be worth comparing, but the 2016 is the stronger all-around choice when you want a good balance of value and modern features.

How does the 2016 Chevrolet Malibu compare to the 2016 Toyota Camry?

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.