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By Joe Tralongo
Updated November 25, 2019
If you’re looking for an alternative to the Honda Accord or Toyota Camry, the 2016 Chevy Malibu Limited offers lots of features for a good price.
Honestly, for the same money you can get the all-new 2016 Malibu, or for that matter the Hyundai Sonata, Kia Optima or Ford Fusion, all with newer designs with more appealing engine and option choices.
The 2016 Chevrolet Malibu Limited midsize sedan is a trimmed-down carryover model, offered to the public until the all-new 2016 Malibu arrives, at which point it will move to fleet sales.
Last year’s Chevrolet Malibu midsize sedan becomes this year’s 2016 Malibu Limited. Although primarily intended for fleet sales, the Malibu Limited will be available to the public until the all-new model begins trickling into showrooms. The 2016 Malibu Limited sedan loses some options, such as the turbocharged 4-cylinder engine, but is still nicely equipped with a choice of three trim levels: LS, LT and LTZ. With a roomy interior and such modern conveniences as 4G LTE Wi-Fi, the Malibu Limited is a strong contender, plus it offers excellent fuel economy, a modern and roomy interior and a smooth and comfortable ride. Then again, with the all-new Malibu starting at roughly the same price, one wonders why anyone would opt for the older design.
2016 Chevrolet Malibu Limited pricing starts at $8,588 for the Malibu Limited LS Sedan 4D, which had a starting MSRP of $23,440 when new. The range-topping 2016 Malibu Limited LTZ Sedan 4D starts at $9,316 today, originally priced from $29,295.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$23,440 | $8,588 | |||
$24,710 | $7,697 | |||
$29,295 | $9,316 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2016 Chevrolet Malibu Limited models in typical condition when purchasing from a dealership. These prices are updated weekly.
Chevrolet’s 2016 Malibu Limited midsize sedan offers a nice blend of ride comfort and confident handling in a package that is both attractive and highly versatile. The Malibu Limited’s compliant suspension makes it ideal for long road trips, while the comfortable seats and numerous high-tech audio and connectivity features help make the trip all the more enjoyable. Chevy’s 2.5-liter 4-cylinder engine delivers acceptable acceleration in most circumstances, and its fuel economy falls in about the same range as the Honda Accord, is slightly better than the base Ford Fusion 2.5-liter but falls just short of the base Hyundai Sonata. Chevy’s start-stop system that shuts down the engine at stoplights or in heavy stop-and-go traffic is one of the best we’ve tested. The 6-speed’s manual-shift mode is also a nice touch, although the buttons mounted on top of the shift handle aren’t the easiest to use.
The 2016 Malibu Limited from Chevrolet is a comfortable place to be while on the road. Despite being on the smaller end of the midsize-sedan market, the Malibu Limited’s airy interior offers plenty of room for front passengers, and rear passengers as long as they’re "tweens" or younger. The design, chrome accents and available leather, feel upscale for the class. At speed, the Malibu Limited is quiet compared to its competition, and the controls and gauges are easy to use and see. Trunk space is adequate, although it’s a high lift to the trunk compared to other sedans in the class.
Chevy’s Malibu Limited for 2016 carries over unchanged from the 2015 Malibu. The design mimics the larger Chevrolet Impala, one of the most handsome cars in its class. However, the distance between the front and rear wheels on the Malibu Limited, known as wheelbase, is shorter than in other midsize sedans, giving it a somewhat awkward profile. Nonetheless, from other angles this is a handsome vehicle. We particularly like the taillights, inspired by performance cars like the Chevrolet Camaro, and the sporty stainless-steel exhaust tips on the top-line LTZ model.
4G LTE WI-FI
The 2016 Malibu Limited sedan can be turned into a rolling hotspot thanks to its 4G LTE Wi-Fi. With the ability to connect tablets and streaming audio services, long road trips with the kids will never again be a monotonous endeavor.
MYLINK INFOTAINMENT SYSTEM
The MyLink infotainment system is far more intuitive than Ford’s Sync and it is packed with cool features. Voice activation works with most functions, including Bluetooth, streaming audio and apps for Pandora and Stitcher. The system’s 7-inch touch screen opens to reveal a hidden storage compartment.
The basic 2016 Chevrolet Malibu Limited LS sedan comes with a 6-speaker audio with AM/FM/CD/satellite radio, cruise control, remote keyless entry, Bluetooth phone connectivity, and standard Wi-Fi connectivity, although it requires an OnStar subscription. The LT adds a 7-inch touch screen with MyLink, a USB port for audio devices, Bluetooth audio streaming and a power driver’s seat. Top-line LTZ versions enhance comfort with a power passenger seat, heated front seats and leather upholstery. All 2016 Malibu Limited models have 10 airbags and a 6-month trial of GM’s OnStar safety and communications system, plus a 3-month 3GB data trial.
Optional on the 2016 Malibu Limited are navigation, a power sunroof, a rearview camera and leather seating. The Advanced Safety Package includes blind-spot monitoring, forward-collision alert, lane-departure warning, and a rear cross-traffic alert. Those seeking a premium audio system can opt for a 9-speaker Pioneer setup.
All 2016 Chevrolet Malibu Limiteds are powered by a 2.5-liter 4-cylinder with start-stop technology paired with a 6-speed automatic transmission that includes a manual-shift mode. Power is delivered to the front wheels and regulated by electronic traction and stability control.
2.5-liter inline-4
196 horsepower @ 6,300 rpm
186 lb-ft of torque @ 4,400 rpm
EPA city/highway fuel economy 24/34 mpg
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $474 | $13,166 | $11,949 | ||
2023 | $2,394 | $10,772 | $9,232 | ||
2024 | $1,746 | $9,026 | $7,326 | ||
Now | $2,702 | $6,324 | $4,218 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Fuel Capacity | 18.5 gallons | ||
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Front Head Room | 39.0 inches | ||
Front Leg Room | 42.1 inches | ||
Max Seating Capacity | 5 | ||
Overall Length | 191.5 inches | ||
Front Shoulder Room | 57.5 inches | ||
Towing Capacity, Maximum | 1000 lbs. | ||
Trunk or Cargo Capacity | 16.3 cu.ft. | ||
Wheel Base | 107.8 inches | ||
Width with mirrors | 79.8 inches |
Alloy Wheels | Available | ||
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Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Rear Spoiler | Available |
City | 23 mpg | ||
---|---|---|---|
Highway | 33 mpg | ||
Combined | 27 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
6 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 197 @ 6300 RPM | ||
---|---|---|---|
Torque | 191 @ 4400 rpm | ||
Engine | 4-Cyl, 2.5 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
Used 2016 Chevrolet Malibu Limited | Used 2016 Hyundai Sonata Hybrid | Used 2016 Nissan Versa | Used 2016 Volkswagen Jetta | ||
---|---|---|---|---|---|
Price | $7,697 | $7,297 | $6,805 | $7,727 | |
KBB.com Rating | 3.8 | 4.5 | 3.8 | 4.2 | |
Consumer Rating | 4.4 | 4.4 | 3.8 | 4.4 | |
Fuel Economy | City 23/Hwy 33/Comb 27 MPG | City 40/Hwy 44/Comb 42 MPG | City 31/Hwy 40/Comb 35 MPG | City 28/Hwy 39/Comb 32 MPG | |
Fuel Type | Gas | Hybrid | Gas | Gas | |
Safety Rating | 5.0 | 5.0 | 4.0 | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 197 @ 6300 RPM | 193 @ 6000 RPM | 109 @ 6000 RPM | 150 @ 5000 RPM | |
Engine | 4-Cyl, 2.5 Liter | 4-Cyl, Hybrid, 2.0 Liter | 4-Cyl, 1.6 Liter | 4-Cyl, Turbo, 1.4 Liter | |
Drivetrain | FWD | FWD | FWD | FWD |
The 2016 Chevrolet Malibu Limited is rated to return city/highway fuel economy of 23/33 mpg.
Used 2016 Chevrolet Malibu Limited prices currently range from $7,697 for the LT Sedan 4D to $9,316 for the LTZ Sedan 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2016 Chevrolet Malibu Limited is the LT Sedan 4D, with a Kelley Blue Book Fair Purchase Price of $7,697.
The 2016 Chevrolet Malibu Limited is part of the 6th-generation Malibu Limited, which our owners give an above-average reliability rating of 4.5 out of 5.