2016 Chevrolet Impala LTZ
67.5% depreciation ($23,846)
2016 Chevrolet Impala LTZ has a median resale price of $11,694 against an original MSRP of $35,540, which works out to 67.5% depreciation across 43 analyzed listings. It ranks 4 of 4 trims by value retention for this model year. This trim is listed with flex-fuel (FFV) and front wheel drive.
Depreciation Details
- MSRP (When New)
- $35,540
- Median Resale Price
- $11,694
- Depreciation
- 67.5%
- Listings Analyzed
- 43
How LTZ Compares to Other 2016 Trims
Lower depreciation means stronger resale retention. The LTZ ranks 4 of 4 trims with enough listing data for this model year.
| Trim | MSRP | Median Resale | Depreciation | Listings |
|---|---|---|---|---|
| LS Fleet | $27,095 | $10,582 | 62.6% | 8 |
| LS | $27,095 | $13,087 | 62.8% | 9 |
| LT | $29,948 | $10,435 | 66.1% | 74 |
| LTZthis trim | $35,540 | $11,694 | 67.5% | 43 |
Specifications
| Engine Type | flex-fuel (FFV) |
| Horsepower | 305 hp |
| Torque | 264 lb-ft |
| Transmission | 6-speed shiftable automatic |
| Drivetrain | front wheel drive |
| City MPG | 19 mpg |
| Highway MPG | 29 mpg |
| Combined MPG | 22 mpg |
| Engine Size | 3.6 |
| Cylinders | V6 |
| Body Type | Sedan |
| Doors | 4 |
| Seats | 5 |
| Cargo Capacity | 18.8 |
| Fuel Tank | 18.5 |
Frequently Asked Questions
How much has the 2016 Chevrolet Impala LTZ depreciated?
The 2016 Chevrolet Impala LTZ shows 67.5% depreciation from its original MSRP. In dollar terms, the median listing price is $11,694 compared with an original MSRP of $35,540. This is based on 43 current used-market listings, so it should be read as market research rather than a guaranteed trade-in value.
Is the LTZ trim a good value for this model year?
The value case depends on how its depreciation compares with neighboring trims and whether the equipment matters to you. Among the 4 trims with enough listing data, it ranks 4 by lowest depreciation. A lower depreciation percentage usually means stronger resale value, while a larger dollar discount can be attractive if you care more about purchase price than future resale. Compare mileage, condition, accident history, and options before treating the trim ranking as a final buying decision.
What specs are matched for the 2016 Chevrolet Impala LTZ?
The matched spec record lists flex-fuel (FFV), front wheel drive, 6-speed shiftable automatic, 22 combined MPG. The spec match is used only when it can be tied to this model year and trim without an ambiguous join. If source records disagree, the page favors the depreciation data and avoids presenting unsupported mechanical details as fact.