Real price data
What should you pay for a 2020 Chevrolet Impala?
Original MSRP
$31,620
When new
Fair market price
$16,213
Mileage-adjusted
Below MSRP
$15,407
A fair used price
Where prices land
25th $11,995 · 75th $16,790 · MSRP $31,620
Spread of current 2020 Chevrolet Impala listings · 25th–75th percentile marked.
Negotiating leverage
69
out of 100
strong leverage
~62 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
62days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2020 Chevrolet Impala.
National Market Day Supply — how long it would take to sell the current used 2020 Chevrolet Impala inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$29,090–$30,355
Estimated dealer invoice — about $31,620 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 |
|---|---|---|---|
| 1LT | $15,714 | $31,620 | $29,090–$30,355 |
| Premier | $18,328 | $36,720 | $33,782–$35,251 |
- 1LT
- $15,714
- Premier
- $18,328
Fuel economy
19
MPG city
28
MPG highway
22
MPG combined
EPA-estimated fuel economy for a representative 2020 Chevrolet Impala configuration (Regular).
Frequently asked questions
What is a fair price for a 2020 Chevrolet Impala?
A fair, mileage-adjusted price is about $16,213, within a typical market range of $11,995 to $16,790.
Is the 2020 Chevrolet Impala cheaper than MSRP?
Yes — its original MSRP was about $31,620, so a fair used price is roughly $15,407 below MSRP.
Is now a good time to buy a 2020 Chevrolet Impala?
There are about 62 days of national market supply for the 2020 Chevrolet Impala — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2020 Chevrolet Impala.
How much can you negotiate on a 2020 Chevrolet Impala?
Negotiating leverage rates 69/100 (strong). ~62 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2020 Chevrolet Impala?
The estimated dealer cost (invoice) is roughly $29,090–$30,355 — its $31,620 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 6/24/2026. Estimates only; your price depends on condition, options, and location.