Real price data

What should you pay for a 2016 Chevrolet Malibu?

Original MSRP

$21,625

When new

Fair market price

$10,183

Mileage-adjusted

Below MSRP

$11,442

A fair used price

Where prices land

$5,000Fair price $10,183$18,995

25th $8,662 · 75th $12,974 · MSRP $21,625

Spread of current 2016 Chevrolet Malibu listings · 25th–75th percentile marked.

Negotiating leverage

66

out of 100

strong leverage

~59 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

59days of supply

Balanced market

Supply and demand are roughly balanced for the 2016 Chevrolet Malibu.

National Market Day Supply — how long it would take to sell the current used 2016 Chevrolet Malibu inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.

Estimated dealer cost (invoice)

$19,895$20,760

Estimated dealer invoice — about $21,625 MSRP minus a typical 48% manufacturer margin.

An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.

Fair price by trim

TrimFair priceMSRPEst. dealer cost
1LS$8,702$23,120$21,270–$22,195
1LT$10,415$25,020$23,018–$24,019
2LZ Premier$10,445$30,920$28,446–$29,683
2LT$12,248$28,620$26,330–$27,475
1vl$21,625$19,895–$20,760
hybrid$27,770$25,548–$26,659
1LS
$8,702
1LT
$10,415
2LZ Premier
$10,445
2LT
$12,248

Fuel economy

22

MPG city

32

MPG highway

26

MPG combined

EPA-estimated fuel economy for a representative 2016 Chevrolet Malibu configuration (Regular).

Safety & recalls

9 open NHTSA recalls on record for the 2016 Chevrolet Malibu.

AIR BAGS:SENSOR:OCCUPANT CLASSIFICATION

General Motors LLC (GM) is recalling certain 2016-2018 Chevrolet Malibu vehicles. During servicing, a Passenger Presence System (PPS) may have been installed that was not correctly calibrated to the vehicle's seat type. As a result, the PPS may not properly identify an adult passenger from a child passenger in the front passenger seat, potentially causing the air bag to not deploy when it should, or causing the air bag to deploy when it shouldn't.

Remedy: GM will notify owners, and dealers will replace the front passenger PPS seat service kit, free of charge. The recall began August 7, 2018. Owners may contact Chevrolet customer service at 1-800-222-1020. GM's number for this recall is 18208.

Campaign 18V400000 · 14/06/2018

FUEL SYSTEM, GASOLINE:DELIVERY:FUEL PUMP

General Motors LLC (GM) is recalling certain 2015-2018 GMC Canyon, 2016-2017 Buick Envision, 2016-2018 Chevrolet Colorado and Malibu, 2017-2018 GMC Acadia, 2018 Buick LaCrosse, Cadillac ATS, Chevrolet Equinox, and GMC Terrain vehicles. The high pressure fuel pump may detach from its mounting flange, possibly resulting in the pump damaging the high pressure fuel line.

Remedy: GM will notify owners, and dealers will replace the high pressure fuel pump, and high pressure fuel pipe, free of charge. The recall began July 2, 2018. Owners may contact Buick customer service at 1-800-521-7300, Cadillac customer service at 1-800-458-8006, Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 18188.

Campaign 18V358000 · 31/05/2018

ELECTRONIC STABILITY CONTROL (ESC)

General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Malibu vehicles manufactured March 7, 2016, through March 12, 2016. The memory chip in the electronic brake control module (EBCM) may fail and cause the loss of electronically controlled brake systems including anti-lock brakes (ABS) and electronic stability control (ESC). As such, these vehicles fail to conform to Federal Motor Vehicle Safety Standard (FMVSS) number 126, "Electronic Stability Control Systems."

Remedy: GM will notify owners, and dealers will install a replacement EBCM, free of charge. The recall began on June 17, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020). GM's number for this recall is 39440.

Campaign 16V272000 · 05/05/2016

AIR BAGS:SIDE/WINDOW

General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Malibu vehicles manufactured November 18, 2015, to June 7, 2016. The fabric of the side-impact air bag cushion may tear during deployment.

Remedy: GM will notify owners, and dealers will inspect and, as necessary, replace the air bag module, free of charge. The recall began October 27, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020. GM's number for this recall is 16079.

Campaign 16V781000 · 26/10/2016

ELECTRICAL SYSTEM:IGNITION

General Motors LLC (GM) is recalling certain model year 2016-2017 Buick Verano and 2016 Chevrolet Malibu as the electronic park lock lever may allow the ignition key to be removed without the transmission being in PARK. Also, certain 2013 Buick Encore, 2011 Buick Regal, 2013-2014 Buick Verano, 2011-2016 Chevrolet Cruze, 2010-2013 Chevrolet Equinox 2013-2015 Chevrolet Malibu, and 2011-2013 GMC Terrain vehicles may have been serviced with similar defective replacement electronic park lock levers. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 114, "Theft Protection and Rollaway Prevention."

Remedy: GM will notify owners, and dealers will inspect and if necessary replace the key cylinder lock housing, free of charge. The recall began on October 14, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, Buick 1-800-521-7300, and GMC 1-800-462-8782. GM's number for this recall is 50490 and 50491.

Campaign 16V502000 · 05/07/2016

ELECTRICAL SYSTEM:SOFTWARE

Genera Motors LLC (GM) is recalling certain model year 2016 Chevrolet Camaro, Malibu, Silverado and GMC Sierra vehicles. The radio may intermittently fail to provide an audio warning when the key has been left in the ignition and the door is opened or when the driver does not fasten their seat belt. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standards (FMVSS) number 114, "Theft Protection", and/or 208, "Occupant Crash Protection."

Remedy: GM will notify owners, and dealers will update the radio software, free of charge. The recall began on March 14, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, or GMC customer service at 1-800-462-8782. GM's number for this recall is 15808.

Campaign 16V084000 · 11/02/2016

AIR BAGS:SIDE/WINDOW

General Motors LLC (GM) is recalling certain 2016 Malibu vehicles manufactured February 16, 2016, to March 5, 2016. The two weld studs that mount the front and rear side impact air bags may fracture and separate from the air bag during deployment. As such, these vehicles fail to comply with the requirements of the Federal Motor Vehicle Safety Standard (FMVSS) No. 214, "Side Impact Protection."

Remedy: GM will notify owners, and dealers will replace the side air bag modules, free of charge. The recall began on April 14, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020. GM's number for this recall is 31820.

Campaign 16V151000 · 11/03/2016

AIR BAGS:FRONTAL

General Motors LLC (GM) is recalling certain model year 2016 Chevrolet Colorado vehicles manufactured January 19, 2016, to February 2, 2016, Chevrolet Malibu vehicles manufactured January 9, 2016, to January 26, 2016, and 2016 GMC Canyon vehicles manufactured January 21, 2016, to February 4, 2016. The driver frontal air bag may improperly inflate during second-stage deployment in the event of a high speed crash.

Remedy: GM will notify owners, and dealers will replace the driver side frontal air bag module, free of charge. The recall began on April 14, 2016. Owners may contact Chevrolet customer service at 1-800-222-1020, and GMC customer service at 1-800-462-8782. GM's number for this recall is 28030.

Campaign 16V125000 · 02/03/2016

SEAT BELTS:CRITICAL FASTENERS

General Motors, LLC (GM) is recalling certain 2016-2021 Chevrolet Malibu and 2019-2021 Cadillac XT4 vehicles. The rear seat belt retractors may be improperly secured with loose or missing fasteners.

Remedy: Dealers will inspect and tighten the rear seat belt retractors, as necessary, free of charge. Owner notification letters were mailed on September 17, 2021. Owners may contact Chevrolet customer service at 1-800-222-1020 and Cadillac customer service at 1-800-458-8006. GM's number for this recall is N212333380.

Campaign 21V649000 · 20/08/2021

Source: NHTSA. Contact your dealer to schedule a free recall repair.

Frequently asked questions

What is a fair price for a 2016 Chevrolet Malibu?

A fair, mileage-adjusted price is about $10,183, within a typical market range of $8,662 to $12,974.

Is the 2016 Chevrolet Malibu cheaper than MSRP?

Yes — its original MSRP was about $21,625, so a fair used price is roughly $11,442 below MSRP.

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

There are about 59 days of national market supply for the 2016 Chevrolet Malibu Supply and demand are roughly balanced for the 2016 Chevrolet Malibu.

How much can you negotiate on a 2016 Chevrolet Malibu?

Negotiating leverage rates 66/100 (strong). ~59 days of national supply — strong leverage to negotiate.

What does the dealer pay for a 2016 Chevrolet Malibu?

The estimated dealer cost (invoice) is roughly $19,895$20,760 — its $21,625 MSRP minus a typical 48% 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.