Chevrolet Impala Depreciation

A Chevrolet Impala will depreciate 54% after 5 years and have a 5 year resale value of $14,471.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,860 68.52% $21,463 13,500 2021
2 $10,236 67.32% $21,087 27,000 2022
3 $10,712 65.80% $20,611 40,500 2023
4 $13,757 56.08% $17,566 54,000 2024
5 $16,852 46.20% $14,471 67,500 2025
6 $18,462 41.06% $12,861 81,000 2026
7 $21,629 30.95% $9,694 94,500 2027
8 $22,318 28.75% $9,005 108,000 2028
9 $22,844 27.07% $8,479 121,500 2029
10 $24,482 21.84% $6,841 135,000 2030

Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,860 68.52% $21,463
2 $10,236 67.32% $21,087
3 $10,712 65.80% $20,611
4 $13,757 56.08% $17,566
5 $16,852 46.20% $14,471
6 $18,462 41.06% $12,861
7 $21,629 30.95% $9,694
8 $22,318 28.75% $9,005
9 $22,844 27.07% $8,479
10 $24,482 21.84% $6,841

Chevrolet Impala Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Impala that is 2 years old, then you could save $10,236 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 $6,616. 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.

The Best Model Years to Buy a Chevrolet Impala

The 2019 Chevrolet Impala is our top pick for the best model year value for the Impala. With the 2019, you would only pay, on average, 69% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2015 model years are also attractive years for the Impala, and provide a relatively good value. Our rankings consider multiple factors, including the Impala's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Impala models.

Chevrolet Impala Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $31,323 $31,323 $236 $0 0% 100%
2019 $28,814 $20,013 $270 $11,310 36.11% 68.52% Best
2018 $26,613 $18,251 $335 $1,762 8.8% 67.32% Better
2017 $26,926 $18,152 $434 $99 0.54% 65.8%
2016 $26,883 $15,576 $499 $2,576 14.19% 56.08% Good
2015 $29,166 $14,106 $631 $1,470 9.44% 46.2% Better
2014 $28,654 $12,638 $872 $1,468 10.41% 41.06%
2013 $22,568 $7,971 $986 $4,667 36.93% 30.95% Good
2012 $22,470 $7,523 $1,062 $448 5.62% 28.75%
2011 $20,720 $6,821 $1,212 $702 9.33% 27.07%
2010 $20,568 $5,737 $1,245 $1,084 15.89% 21.84%
2009 $20,845 $5,575 $1,426 $162 2.82% 19.9%
2008 $19,959 $5,234 $1,683 $341 6.12% 17.79%
Year Price % Paid Value Rank
2020 $31,323 100%
2019 $20,013 68.52% Best
2018 $18,251 67.32% Better
2017 $18,152 65.8%
2016 $15,576 56.08% Good
2015 $14,106 46.2% Better
2014 $12,638 41.06%
2013 $7,971 30.95% Good
2012 $7,523 28.75%
2011 $6,821 27.07%
2010 $5,737 21.84%
2009 $5,575 19.9%
2008 $5,234 17.79%

Other Chevrolet Impala Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Impala costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: