Used 2016 Chevrolet Malibu for SaleNationwide

How much does the 2016 Chevrolet Malibu cost?

Prices have softened 12.18% compared to this time last year, making it a favourable time to shop this model year.

There are 59 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 4.33/5 user rating points to a well-liked used sedan. Drivers commonly praise its smooth ride, useful technology such as Apple CarPlay and Android Auto, and strong fuel economy, while also noting its roomy cabin and good value. That makes it a sensible fit if you want a practical midsize sedan with space and features for everyday use. With 28.8% of listings marked as good or great deals, you have a decent chance of finding a competitively priced example.

Is the 2016 Chevrolet Malibu reliable?

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

User feedback also points to a dependable, trouble-free ownership experience for many drivers, with the Malibu earning praise as a solid choice for longer-term use. At the same time, some owners mention concerns about build quality and acceleration, so a careful inspection and service-history review still matter for used buyers. For you, that means the car can be a reasonable long-term bet, but condition and maintenance history should guide your final decision.

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: 28.8% of listings are priced as good or great deals.
• Inventory: There are 59 listings available.
• Price trend: Prices have softened 12.18% compared with last year.

If you find a listing below $10,230 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 $10,666 CAD sits slightly below last year's $12,145 CAD.

That softer pricing suggests the Malibu is currently more buyer-friendly than seller-friendly, which can make it easier for you to purchase now but may limit upside if you plan to resell soon. If prices remain near the current level, future sellers may need to price competitively to stand out. Even so, the model’s broad appeal and practical cabin should help it stay relevant in the used market.

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:

• 28.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.18% compared with last year.
• Owners rate it 4.33/5 — a solid satisfaction signal.

The bottom line: If you want the newer ninth-generation Malibu with a roomy cabin, useful tech, and a price that has eased, the 2016 is the stronger pick. If you’re especially price-sensitive, you can also compare nearby years to see whether a lower-priced example offers similar value, but the 2016 is the better starting point if you want the newer design and a good mix of features.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.