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Chevrolet Impala Depreciation

A Chevrolet Impala will depreciate 27% after 5 years and have a 5 year resale value of $22,728.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $31,323 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Impala.

Chevrolet Impala Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,036 93.50% $29,287 12,000 2022
2 $4,438 85.83% $26,885 24,000 2023
3 $5,012 84.00% $26,311 36,000 2024
4 $5,200 83.40% $26,123 48,000 2025
5 $8,595 72.56% $22,728 60,000 2026
6 $10,835 65.41% $20,488 72,000 2027
7 $13,469 57.00% $17,854 84,000 2028
8 $15,790 49.59% $15,533 96,000 2029
9 $17,882 42.91% $13,441 108,000 2030
10 $21,253 32.15% $10,070 120,000 2031

Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,036 93.50% $29,287
2 $4,438 85.83% $26,885
3 $5,012 84.00% $26,311
4 $5,200 83.40% $26,123
5 $8,595 72.56% $22,728
6 $10,835 65.41% $20,488
7 $13,469 57.00% $17,854
8 $15,790 49.59% $15,533
9 $17,882 42.91% $13,441
10 $21,253 32.15% $10,070

Buying a Chevrolet Impala New vs Used

If you purchase a used Chevrolet Impala that is 2 years old, then you could save $4,438 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $4,157. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Impala models become available.

Chevrolet Impala Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Impala ranks for Depreciation compared to other vehicles. Also check out how the Impala stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings