Chevrolet Impala Depreciation

A Chevrolet Impala will depreciate 53% after 5 years and have a 5 year resale value of $14,878.

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, and assumes a purchase price of $31,323 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $10,418 66.74% $20,905 13,500 2021
2 $10,831 65.42% $20,492 27,000 2022
3 $11,762 62.45% $19,561 40,500 2023
4 $13,948 55.47% $17,375 54,000 2024
5 $16,445 47.50% $14,878 67,500 2025
6 $17,979 42.60% $13,344 81,000 2026
7 $22,145 29.30% $9,178 94,500 2027
8 $23,101 26.25% $8,222 108,000 2028
9 $23,705 24.32% $7,618 121,500 2029
10 $24,347 22.27% $6,976 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,418 66.74% $20,905
2 $10,831 65.42% $20,492
3 $11,762 62.45% $19,561
4 $13,948 55.47% $17,375
5 $16,445 47.50% $14,878
6 $17,979 42.60% $13,344
7 $22,145 29.30% $9,178
8 $23,101 26.25% $8,222
9 $23,705 24.32% $7,618
10 $24,347 22.27% $6,976

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 $10,831 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 $5,614. 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, 67% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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 $173 $0 0% 100%
2019 $28,814 $19,439 $208 $11,884 37.94% 66.74% Best
2018 $26,613 $17,683 $273 $1,756 9.03% 65.42% Better
2017 $26,926 $17,188 $372 $495 2.8% 62.45% Better
2016 $26,883 $15,350 $437 $1,838 10.69% 55.47% Good
2015 $29,166 $14,423 $568 $927 6.04% 47.5%
2014 $28,654 $13,016 $809 $1,407 9.76% 42.6%
2013 $22,568 $7,535 $923 $5,481 42.11% 29.3% Good
2012 $22,470 $6,897 $999 $638 8.47% 26.25%
2011 $20,720 $6,189 $1,149 $708 10.27% 24.32%
2010 $20,568 $5,762 $1,182 $427 6.9% 22.27%
2009 $20,845 $5,474 $1,363 $288 5% 19.72%
2008 $19,959 $5,033 $1,620 $441 8.06% 17.1%
Year Price % Paid Value Rank
2020 $31,323 100%
2019 $19,439 66.74% Best
2018 $17,683 65.42% Better
2017 $17,188 62.45% Better
2016 $15,350 55.47% Good
2015 $14,423 47.5%
2014 $13,016 42.6%
2013 $7,535 29.3% Good
2012 $6,897 26.25%
2011 $6,189 24.32%
2010 $5,762 22.27%
2009 $5,474 19.72%
2008 $5,033 17.1%
Our Favorite Chevrolet Impala Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.