Used 2016 Chevrolet Malibu for Sale near Ontario

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 11.24% compared to this time last year, making it a favourable time to shop this model year.

There are 51 listings available, which gives you a modest amount of inventory to compare.

Is the 2016 Chevrolet Malibu a good car?

Generally — the 4.3/5 user rating points to a well-liked used sedan. You get a smooth ride, useful features like Apple CarPlay and Android Auto, and a roomier cabin that suits everyday family use or a practical secondary car. The overall package is also described as a solid value, with good fuel economy and a more refined feel than earlier Malibu generations. With 29.4% of listings marked as good or great deals, you still have some room to shop carefully.

Is the 2016 Chevrolet Malibu reliable?

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

Drivers’ feedback highlights a dependable-feeling ownership experience, with praise for the car’s smooth ride and strong fuel economy. The same feedback also points to a more polished, trouble-free impression than some earlier Malibus, which matters if you want a used midsize sedan you can count on. That said, used buyers should still budget for age-related wear and inspect the car carefully, since long-term ownership risk always depends on maintenance history and 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 with some leverage if you’re patient.

• Deal availability: 29.4% of listings are priced as good or great deals.
• Inventory: There are 51 listings available.
• Price trend: Prices have softened 11.24% compared with last year.

If you find a listing below $10,149 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 $10,149 CAD sits slightly below last year's $11,434 CAD.

That softer pricing suggests the market has already adjusted downward, which can help you buy at a more favourable point. For a future seller, that also means resale upside may be more limited unless the car is in especially strong condition or priced competitively. Even so, the model’s broad appeal and practical cabin should help it remain marketable to value-focused shoppers.

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:

• 29.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 11.24% compared with last year.
• Owners rate it 4.3/5 — a solid satisfaction signal.

The bottom line: You should lean toward the 2016 if you want the newer, more refined Malibu design and you can find one priced near the current average or below it. If you’re especially price-sensitive, a nearby model year may be worth comparing, but the 2016 is the stronger pick when you want the better-balanced mix of value, comfort, and buyer appeal.

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

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.