Is the $12,500 price on this 2016 Chevrolet Malibu Limited a good deal?

OAV rates this as Overpriced because the asking price of $12,500 is above the typical market range for this vehicle.

What is the average price for a 2016 Chevrolet Malibu Limited in MI?

Based on 30 comparable listings in MI, the average asking price for a 2014-2018 Chevrolet Malibu Limited is $8,282, with prices ranging from $3,900 to $13,425.

How long does a 2016 Chevrolet Malibu Limited typically stay on dealer lots?

Comparable Chevrolet Malibu Limited listings in MI spend an average of 137 days on dealer lots.

Where is this 2016 Chevrolet Malibu Limited located?

This vehicle is listed in Wayne, MI 48184. VIN: 1G11C5SA1GF164520. Mileage: 83,388 miles.

What is the fair market price range for this 2016 Chevrolet Malibu Limited?

OAV's Price-to-Market analysis estimates the fair market range is $3,999 to $9,299, based on 12 comparable vehicles.

Vehicle Details

VIN1G11C5SA1GF164520

Trim1LT

Exterior ColorBeige

DrivetrainFWD

Engine2.5L I4

TransmissionAutomatic

Fuel TypeUnleaded

Inventory Typeused

MSRP$16,450

Days on Lot739

Days on Market739

2016 Chevrolet Malibu Limited

1LT

Overpriced

$12,50083,388 miles

Wayne, MI 48184

Market price position

Lowest comparable ($)

3,999

Highest comparable ($)

9,299

This vehicle's price ($)

12,500

$12,500 · $3,201 above market high

$3,999comparable$9,299

Regional range: $3,999 – $9,299
vs. market high: + $3,201 (34% above)
Comparable vehicles: 12

Market Breakdown

Local Range$5,895 – $5,895

Regional Range$3,999 – $9,299

Dealer Info

Hidden

Wayne, MI

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About This 2016 Chevrolet Malibu Limited

Listing updated: Apr 21, 2026

Listed by a independent dealer in Wayne, MI · On lot for 739 days · VIN verifiable at NHTSA

This used 2016 Chevrolet Malibu Limited 1LT is listed at $12,500 by a independent dealer in Wayne, MI 48184. It has 83,388 miles on the odometer. The exterior color is Beige. It features a FWD drivetrain with a 2.5L I4 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Overpriced — priced above market value. Based on 12 similar vehicles in the Wayne market, the estimated market range is $3,999 to $9,299. The local market range in MI is $5,895 to $5,895.

This vehicle has been on the lot for 739 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this listing is verified

This vehicle listing was aggregated from a independent dealer in Wayne, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network. The VIN 1G11C5SA1GF164520 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2016 Chevrolet Malibu Limited Market in MI

Comparable Vehicles

Average Price

$8,282

Price Range

$3,900–$13,425

Avg Days on Lot

137

Based on 30 comparable 2014-2018 Chevrolet Malibu Limited listings in MI, the average asking price is $8,282. This listing at $12,500 is $4,218 above average (51% above market). Comparable prices in MI range from $3,900 to $13,425. Similar vehicles spend an average of 137 days on dealer lots in this market.