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2020 Chevrolet Impala Has Lowest Ownership Costs Of Any Full-Size Car

The 2020 Chevrolet Impala has the lowest cost of ownership over five years of any full-size car.

The Chevrolet sedan has once again received the Best Full-Size Car award in KBB’s 5-Year Cost to Own Awards – the fifth consecutive year the Impala has received the designation.

KBB says the Impala is “a lot of car for the money,” considering its size, standard 3.6L LFX V6 engine and standard Apple CarPlay/Android Auto. Prices start at $32,395 for the entry-level LT model, while the range-topping Premier costs just under $40,000. KBB also points out that “GM incentives aren’t uncommon on this big 5-seat sedan,” so it can often be purchased for much cheaper than its MSRP.

“The rise of the SUV has spelled doom for many full-size passenger cars, but the 2020 Chevrolet Impala marches on, oblivious to the oblivion it may soon face,” KBB said. “For those who still love the comfort and safety of a full-size sedan, the Impala makes a compelling argument. It comes standard with a potent V6 engine, a spacious interior, and a velvety-smooth ride.”

Unfortunately, this will probably be the last year you’ll be able to buy a new Chevrolet Impala. Production of the sedan has already ended at GM’s Oshawa Assembly plant in Canada and will soon end at the automaker’s Detroit-Hamtramck plant, as well. With GM choosing to focus its efforts on trucks, SUVs and electric vehicles, it’s unlikely we’ll ever see the Impala nameplate on a new vehicle again.

Sales of the current, tenth-generation Chevrolet Impala were at their highest in 2014, when GM sold 140,280 examples of the sedan. Sales have declined every year since then and dropped to a total of 44,978 units in 2019.

While production of the Impala is set to end shortly, customers will still be able to buy new examples of the sedan for Chevrolet dealers for some time. Inventory will remain at dealers after production stops, so it will be a while before every new unit in stock is sold.

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Sam loves to write and has a passion for auto racing, karting and performance driving of all types.

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Comments

  1. Now we need to know whats the oldest new Impala still for sale in the US.

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  2. The impala is a very nice car and a good value. Its a shame to see it discontinued. Its too bad it can’t be switched to the same RWD platform as the CT6. If so, they could be built on the same assembly line and both could live on. I think GM, Cadillac and Chevrolet need these cars to compete in the US Market if not the Global Market.

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  3. I loved the Impala SS Sport Coupe and the Malibu SS Sport Coups. I have had several and they were always sooooo cool. If Chevy still made them, it’s what I would be driving today. I still drive a Corvette ( as a weekender only ) and probably will until I die. However, since I prefer a 2-dr vehicle as my daily driver, I’ve had to go foreign. Sorry GM but you caused that switch. Costs you lots of money.

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    1. If you’ve gone foreign, i just hope it’s to Europe and not Japan.

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  4. GM screwed up by not offering a high performance (SS) option for this vehicle. Look at the Dodge Charger, its sales keep increasing each year, and it’s way older than the Impala. Comparing V6 trim levels, the Impala is way nicer car. However, the lack of performance has led to zero enthusiasm for the vehicle.

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    1. I agree to a point, but it’s not like the SHO sells in any respectable numbers any longer.

      I do wish they had swapped the 6 speed for the new 9 speed though. As it stands a Impala can do 0-60 in 6.3 and a 14.6. Based off other 3.6 cars that swapped to the 9 speed it should have gone down to 5.8 and 14.2. All while picking up 1mpg on average. The 6 speed is ok, but the 9 is a really nice unit.

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  5. Since Pontiac left I moved to Chevrolet and I have been happy with the Impalas.Leasing a 2007 buying a 2011 and presently owning a 2018.,A 2020 will be my next buy when the price is right.I have owned Fords,Chrysler and a few others.At almost 70 years old the Impala fits very well.Imhave a older Vette that I put my foot into on occasion but losing my license would be a bad thing. My next buy will be number 61.

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    1. Thanks Don for being a repeat Impala purchaser , mainly quality built at Oshawa Assembly in those model years thru 2018 shut down at Christmas last year by GM Detroit headquarters . We appreciated our US customers over many years of product build for good people like you !

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  6. GM shouldn’t just quit on cars. There is still a market for these that GM just does not want to compete in and ironically, they build a great car to not compete with.
    This Impala was as big a leap forward over the last model as the ’55 Bel Air was over a ’54 but GM just didn’t want to push it. They will come back one day tho, maybe as an EV. Everything cycles back around eventually.

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  7. Charger is available with rwd or awd and V8. Impala is great car but nothing in common with Charger.

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    1. The Charger has a V6 option. It is a full size family sedan. These are common traits.
      My point is that the Charger has a V8 option, whereas the Impala does not. This drives away enthusiasts.

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  8. Great Impalas ,Lacrosse and ct6 then the idiots calling the shots discontinued them . Hey these people will buy these sedans elsewhere and not return , thanks

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  9. If the Camaro had a decent trunk opening it would be a great car for all around use. Can’t get my luggage into it so I optioned for a foreign vehicle last time. Now I ready for a new car and still can’t find a decent GM 2 door. I have an older Corvette that I drive on sunny Sundays. But I need a good daily driver. 2-dr please. GM ? ? ?

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  10. This article says it all. Too bad it has one foot in the grave at the moment. R.I.P. old friend ,been around since 1958 in one shape or form.

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  11. I I will never in my life drive an ev wind up toy. I’ll ride a horse first. I f Chevy made the Impala in a V8 version, sales would increase. Owned 2000 Impala for fifteen years. Best car I ever owned. Just bought a 2019 premier Impala. Will keep it until GM hires a new CEO with common sense.

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    1. Also, please bring back my beloved Avalanche!

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  12. Has GM forgotten that it’s actually the customers that provide their paycheck ?

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  13. I have a 2008 impala, planning on buying a newer version this year. The impala is the best car I’ve ever owned and wouldn’t want to drive anything else. # Great car!!

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  14. PNH. We are in agreement. Impala and Charger are in same class but the layout of drive train and engine options are way different. Instead of dropping the car GM could try adding awd.

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  15. If the Impala is so inexpensive in overall repairs as you say, why the hell did GM stop making them! We have an Impala, and it is a great car, so GM in its stupidity decided to stop making cars and push SUVs, which cost more and anyone who likes a sedan gets screwed and has to buy a Toyota or a Nissan instead of buying American. GM needs new management because they are too concerned with profits than their customer base that likes a plain old sedan.

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  16. As a current owner of a 17 Impala ( that looks exactly like one in the photo above) with almost 80K on the odo, it has been one of the best cars I have owned, as well as being extremely reliable. It still has the original brakes, so the only maintenance stuff I’ve done has been oil changes and a couple transmission drain and refill fluid changes.

    Nothing has broken or falling off in the interior, no squeaks, creaks or rattles at all either for its mileage.

    I feel like GM really put a lot of effort into this generation Impala vs the previous Gen. I mean they can’t be more different, it’s drastic in many ways since the the 2013 on down Impalas were so boring and cheaply made by comparison to the 2014 on up models.

    Everything still feels solid too. I believe the Epsilon II platform from GM was the best sedan platform they came out with in a long time. Developed and engineered in Germany, it’s a very rigid and tight feeling platform that is ultra quiet and sturdy.

    It’s the little things that make this car unique in quality. For instance the trunk hinges are massive metal tubes with actual coil springs hidden behind the trunk liner that have foam inside them so they don’t make noise upon opening and and closing. The arm rest feels solid and sturdy unlike 99% of arm rests in most of the competition that are flimsy and flex so easily. The Impala uses strong metal hinges for the arm rest for durability and longevity, as again, the majority of the competition uses plastic hinges.

    Honestly in many ways the Impala is better built or is on par with my friends 2004 Lexus ES330. It’s quieter than the Lexus too.

    The best things I like about my car is it’s smooth V6, it’s performance, the ride quality (depending on the road, wish it had bigger tires for better isolation from larger impacts) is nice, a little too firm tho at times. It’s styling as it really looks sharp compared most sedans and it’s size.

    The only negatives I have about the car is the plastichrome strip that goes across the dash is really cheap feeling and creaks when pressed on. The window switches are a bit cheap feeling too, they’re not that substantial to the touch. The sun visors are really small for the size of the car. The seats are a bit too hard for my liking, although it’s material has held up very well and still looks great. The transmission is a bit jerky and lags between shifts, it’s honestly the worst thing about the car. It feels like the transmission snaps back before it upshifts at times. A very confusing feeling. The engine loves to stay in low RPM’s and is not peppy off the line, compared to say a Honda 3.0 V6 with VTEC. Now that engine will snap you in the back of your seat. It always wants to rev up, while the Impala 3.6 V6 likes to stay in the Low rev zones all day and if you want to go fast, you really have to step on it!

    Overall it’s great car, much better than the current Malibu which feels so cheap and basic by comparison. My Impala has Apple Car Play/Android Auto, dual climate control, pretty much everything besides for the nanny safety features that I can care less for. I installed LED headlights, and taillights, and it’s definitely improved the look of the car. The standard halogen bulbs make the car look dated, but simply upgrading to LED makes the Impala relevant on the eyes in 2020. So sad to see it go.

    It’s GM’s fault for never marketing the car, and completely ignoring it. But why? How can you design and build such a nice sedan and never advertise it is beyond me!! I don’t understand the logic of the marketing people over at GM. They have to be the absolute worst marketing people in the world. Bring back GM advertising of the 1940’s-60’s dammit!! It was awesome and wonderful unlike the uninspiring garbage they spit out today.

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    1. Well this is what you get when a lifer climate activist lefty is running GM. She is so laser focused on triple zero that nothing else matters other than what makes her massive profits and further her agenda!

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      1. Joe ,I thought she was one of the top executives on the PresidentTrumps manufacturing and industrial committee regarding bringing jobs home to North America how could she be a tree hugger ,never saw that in the news ?

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  17. To add to my already massive post, it’s no surprise to me that the Impala is highly rated, it’s very reliable and you never hear any complaints about it.

    Before I forget, I am a mechanic on the side as I work on my classic cars, and after getting underneath the Impala, everything looks substantial especially the front and rear subframes are heavy duty. The rear lower control arms are very large compared to most midsize sedans I’ve seen. The bracing of the subframes, bushings, and the underbody almost looks like the car has a mini body on frame look to it even though it is unibody. So I understand why the Impala is so quiet to drive and absorbs rough roads so well. It’s construction parts are beefy vs many other cars. You can really tell how well sturdy a vehicle is by taking a look at its underbody and how big the parts are. The Impala is overbuilt in many ways. It makes many other midsizers look wimpy.

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  18. I started with a 2003 Impala LT , Nothing fancy, put 270k on it. No major expenses except for catalytic converter at about 200k.
    Bought a 13 LT and have put 265k on it same low costs. I now have a 19 Premier, best of the group so far. Sad to see this model go…

    Reply
  19. I

    have an 03 impala 3.8 generation 111 it has 130.000 miles rides like a Cadillac hate to see it go damn good car

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  20. Really too bad the Impala isn’t offered in a two door sport coupe. I saw a sketch of one done up and it was awesome. I’ve had a couple Impala SS’s and they were sooooo cool.
    Love to have a new one now.

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  21. We bought an 07 Impala Ltz with 69k on it in 2017. Best car I’ve ever owned. She is powerful yet sleek and roomy. I really hope they reconsider getting rid of such a wonderful car. I would love to purchase a newer model one day.

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  22. Love my 2013 ltz. Best car I’ve owned. The comfort, ride, and reliability are impeccable. 129k on it, I will drive it until it won’t go snuff further

    Reply

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