Chevrolet Impala Depreciation

A Chevrolet Impala will depreciate 50% after 5 years and have a 5 year resale value of $15,687.

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

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Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,096 70.96% $22,227 12,000 2022
2 $12,203 61.04% $19,120 24,000 2023
3 $12,842 59.00% $18,481 36,000 2024
4 $12,849 58.98% $18,474 48,000 2025
5 $15,636 50.08% $15,687 60,000 2026
6 $17,528 44.04% $13,795 72,000 2027
7 $21,497 31.37% $9,826 84,000 2028
8 $21,926 30.00% $9,397 96,000 2029
9 $23,868 23.80% $7,455 108,000 2030
10 $24,427 22.02% $6,896 120,000 2031

Chevrolet Impala Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,096 70.96% $22,227
2 $12,203 61.04% $19,120
3 $12,842 59.00% $18,481
4 $12,849 58.98% $18,474
5 $15,636 50.08% $15,687
6 $17,528 44.04% $13,795
7 $21,497 31.37% $9,826
8 $21,926 30.00% $9,397
9 $23,868 23.80% $7,455
10 $24,427 22.02% $6,896

Buying a Chevrolet Impala New vs Used

If you purchase a used Chevrolet Impala that is 2 years old, then you could save $12,203 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 $3,433. 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