Used 2016 Chevrolet Malibu for Sale near Ontario

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 9.71% compared to this time last year, making it a favourable time to shop this model year.

There are 62 listings available, which suggests a modest amount of inventory for you to compare.

Is the 2016 Chevrolet Malibu a good car?

Generally — the 4.33/5 user rating points to a well-liked used sedan. Drivers commonly praise its smooth ride, strong fuel economy, and useful features like Apple CarPlay and Android Auto. The 2016 Malibu also fits well if you want a roomy cabin and practical technology in a midsize family car. With 27.4% of listings marked as good or great deals, you 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 user feedback also points to a dependable, trouble-free ownership experience for many drivers, with comments that it feels like a solid choice over the long term. That said, some shoppers still report concerns about build quality and acceleration, so a careful used-car inspection remains important. For used buyers, the main long-term ownership risk is making sure the specific car you choose has been maintained well and shows no signs of neglected wear.

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

This is a moderate, selective buyer’s market, so you can afford to compare listings and wait for the right one.

• Deal availability: 27.4% of listings are priced as good or great deals.
• Inventory: There are 62 listings available.
• Price trend: Prices have softened 9.71% compared with last year.

If you find a listing below $10,221 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 $10,753 CAD sits slightly below last year's $11,909 CAD.

That price movement suggests the Malibu has already absorbed some of its depreciation, which can help future sellers if the market stays steady. For you, that means the car may be easier to buy at a reasonable price today, but resale gains are likely to be modest unless you choose a well-kept example. Strong condition and desirable equipment matter more when a model is already trading below its prior-year average.

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:

• 27.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.71% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.

The bottom line: If you want the ninth-generation Malibu’s roomy cabin, smooth ride, and useful tech at a lower used-car price, the 2016 is the stronger value play. If you’re especially price-sensitive, you can also compare nearby years, but the 2016 stands out as a sensible starting point when you want a well-equipped midsize sedan without stretching your budget.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.