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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 | ||
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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 | ||
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Torque | 191 @ 4400 rpm | ||
Engine | 4-Cyl, 2.5 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 100000 miles | ||
Corrosion | 6 years / 100000 miles |
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.
Used 2016 Chevrolet Malibu Limited LT Sedan 4D | Used 2016 Kia Optima Hybrid | Used 2016 Volkswagen Jetta | Used 2017 Ford Focus | ||
---|---|---|---|---|---|
Price | $8,094 | $7,783 | $8,019 | $7,238 | |
KBB.com Rating | 3.8 | 4.5 | 4.2 | 4.2 | |
Consumer Rating | 4.4 | 4.1 | 4.4 | 3.6 | |
Fuel Economy | City 23/Hwy 33/Comb 27 MPG | City 36/Hwy 40/Comb 38 MPG | City 28/Hwy 39/Comb 32 MPG | City 26/Hwy 36/Comb 30 MPG | |
Fuel Type | Gas | Hybrid | Gas | Flexible Fuel | |
Safety Rating | 5.0 | 5.0 | 5.0 | 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 | 199 @ 5500 RPM | 150 @ 5000 RPM | 160 @ 6500 RPM | |
Engine | 4-Cyl, 2.5 Liter | 4-Cyl, Hybrid, 2.4 Liter | 4-Cyl, Turbo, 1.4 Liter | 4-Cyl, Flex Fuel, 2.0L | |
Drivetrain | FWD | FWD | FWD | FWD |