Used 2016 Chevrolet Malibu for Sale near Niagara Falls, ON

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 11.92% compared to this time last year, making it a favourable time to shop this model year.

There are 57 listings available, which gives you a modest amount of inventory to compare before you buy.

Is the 2016 Chevrolet Malibu a good car?

Generally — the 2016 Chevrolet Malibu earns 4.33/5 from owners, which points to solid overall satisfaction. Drivers commonly praise its smooth ride, useful features like Apple CarPlay and Android Auto, and its fuel economy, while also noting its strong performance in some versions. The overview also highlights its roomy back seat and more modern feel, which makes it a sensible pick if you want a comfortable family sedan or a practical secondary car. With 22.8% 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 4.33/5, a solid signal of long-term satisfaction.

Owner feedback suggests the Malibu can be dependable and trouble-free enough for many used-car shoppers, especially if you value a comfortable daily driver with a good feature set. The same feedback also points to some concerns around build quality and acceleration, so the ownership experience may vary depending on how the car was maintained and equipped. For used buyers, that means long-term risk is manageable, but you should still inspect service history carefully and pay close attention to condition.

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 options.

• Deal availability: 22.8% of listings are priced as good or great deals.
• Inventory: There are 57 listings available.
• Price trend: Prices have softened 11.92% compared with last year.

If you find a listing below $10,229 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 $10,643 CAD sits slightly below last year's $12,083 CAD.

That price movement suggests the Malibu has softened enough to give buyers more leverage today, but it also means future sellers may need to price carefully to stay competitive. If you buy at the right number and keep the car in good condition, you may be better positioned when it comes time to resell. 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:

• 22.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.92% 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’s roomier cabin, more modern styling, and updated tech at a used price that has already come down. If you are especially price-sensitive, it is also worth comparing nearby model years to see whether a similarly equipped alternative offers a better deal, but the 2016 remains the stronger choice if you want the more contemporary package.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.