Real price data
What should you pay for a 2016 Chevrolet Impala?
Original MSRP
$27,095
When new
Fair market price
$11,583
Mileage-adjusted
Below MSRP
$15,512
A fair used price
Where prices land
25th $9,490 · 75th $14,224 · MSRP $27,095
Spread of current 2016 Chevrolet Impala listings · 25th–75th percentile marked.
Negotiating leverage
63
out of 100
strong leverage
~57 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
57days of supply
Balanced marketSupply and demand are roughly balanced for the 2016 Chevrolet Impala.
National Market Day Supply — how long it would take to sell the current used 2016 Chevrolet Impala inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$24,927–$26,011
Estimated dealer invoice — about $27,095 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| 1FL | $10,045 | $27,095 | $24,927–$26,011 |
| 1LS | $10,100 | $27,095 | $24,927–$26,011 |
| 1LT | $10,279 | $29,460 | $27,103–$28,282 |
| 2LT | $12,241 | $30,435 | $28,000–$29,218 |
| 2LZ | $12,299 | $35,540 | $32,697–$34,118 |
| 2fl | — | $37,570 | $34,564–$36,067 |
- 1FL
- $10,045
- 1LS
- $10,100
- 1LT
- $10,279
- 2LT
- $12,241
- 2LZ
- $12,299
Fuel economy
19
MPG city
28
MPG highway
22
MPG combined
EPA-estimated fuel economy for a representative 2016 Chevrolet Impala configuration (Gasoline or E85).
Frequently asked questions
What is a fair price for a 2016 Chevrolet Impala?
A fair, mileage-adjusted price is about $11,583, within a typical market range of $9,490 to $14,224.
Is the 2016 Chevrolet Impala cheaper than MSRP?
Yes — its original MSRP was about $27,095, so a fair used price is roughly $15,512 below MSRP.
Is now a good time to buy a 2016 Chevrolet Impala?
There are about 57 days of national market supply for the 2016 Chevrolet Impala — Supply and demand are roughly balanced for the 2016 Chevrolet Impala.
How much can you negotiate on a 2016 Chevrolet Impala?
Negotiating leverage rates 63/100 (strong). ~57 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Chevrolet Impala?
The estimated dealer cost (invoice) is roughly $24,927–$26,011 — its $27,095 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/23/2026. Estimates only; your price depends on condition, options, and location.