Automotive data research and analysis firm Vincentric has named the Chevy Impala as the 2024 Lowest CPO Cost to Own Award winner in the Large Sedan category of its Passenger Car segment of certified pre-owned (CPO) vehicles.
The Chevy Impala headed its category because its cost of ownership is $8,086 below the next most cost-effective certified pre-owned large sedan, as well as outperforming three of its rivals according to Vincentric.
The annual Cost to Own Award that the Chevy Impala won is not to be confused with the Vincentric Best CPO Value in America award, however. Both awards are based on analysis of “depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.”
Cost to Own is a more objective analysis of the data, measuring the actual expenses an owner is likely to incur with one of the vehicles in their garage. Meanwhile, Best CPO Value is a somewhat more subjective measure that rates vehicles based on their expected ownership cost – or in other words those that are cheaper than what the Vincentric analysts think they should be valued at, making them a “good deal.”
Production of the Impala nameplate ended with the 2020 Chevy Impala as GM continued eliminating sedans in response to customer preferences shifting strongly toward crossovers. At the time it was discontinued, the Impala was in its tenth generation and had just received a handful of updates and changes.
The final model year of the Impala is motivated by a single powerplant option, the 3.6L V6 LFX gasoline engine rated at 305 horsepower and 264 pound-feet of torque. This V6 engine is paired with FWD and a six-speed automatic transmission. Configured as a full-size four-door sedan, it rides on a long-wheelbase variant of the GM Epsilon II platform called Super Epsilon, which was also used for the second-generation Buick LaCrosse and first-generation Cadillac XTS.
The Factory Zero plant where the Chevy Impala was made, formerly the Detroit-Hamtramck Assembly plant in Michigan, has been switched over to production of the GMC Hummer EV and other models. The sedan was also produced at the GM Oshawa Assembly plant in southern Ontario.
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Comments
Hey look. Another great CAR that GM no longer makes so they could make room for one of the 800 SUV’s they offer now! lol.
Just kidding around. Of course I know it’s not 800. Probably 798 boxes.
Dan it was a great car that they built and it just sat on dealer lots. We picked on up that was a last year model new for a major discount.
The automakers have to build that makes the greatest return on investment and sedans just do not make the return unless they are built cheap at non union plants or off shore. Or they cost so much that they can manage the low volumes.
The Lacrosse was even better but no one bought them.
If you are mad get mad at the public as they are who are driving the sale of SUV models.
C8.R: So you want me to get mad at the people who think they need a Suburban or Escalade or Acadia to haul 1 or 2 people and maybe that occasional box from the store? Done! Believe me when I say that I have some choice words for those huge boxes that block the roads and view as they drive to McDonalds for their ice cream cone.
So sales were 0?
Wow, I didn’t know that they were that bad, is there huge lot with unsold Impalas and LaCrosses no one bought out there in the desert somewhere?
Get rid of all the expensive electronics and sensors that no one asked for that adds thousands of dollars and put so hp in them instead of these pathetic little 4 cylinder turbos. Or worse yet 3 cylinder junk.
This is a car I would still consider buying for either livery or private use. This final Impala was a very good large car and represented its lineage well, Chevrolet’s best FWD Impala.
This was a great car. we owned a 2014 LTZ since new and drove it to 283,000 miles. would have easily bought another one if made available. Have a 2022 Buick Enclave to replace it. one can only hope it lasts half as long!!
Just turned 40,000 on 2015 2LT, I’ve enjoyed every mile. If you’re in the market for a large sedan and not looking at a late model Impala or Lacrosse you’re cheating yourself.
Chevy finally got it right! They engineered & built a great sedan. They didn’t market it because they know that everyone drools for a new pick up or SUV. Instead of creating a market for the Impala to compete against the Camary what di GM do? They basically ignored the Impala. Of course, GM will counter & state that the market for sedan is dead so why bother? Let us not forget how they are trying to shove expensive EV, s’ such the Hummer & Cadillacs down our throats.
It only makes sense, scary mary kills the best car they produced and it wins awards. All her EV’s are sitting around gathering dust and rust, Great Decision Mary. What else are you going to do that will eventually close the doors? I don’t think your decisions are worth 1% of the salary they pay you and I hope the board of directors are listening.
Thanks God that the board of directors are not listening to you or other nostalgic old boys. Mary will lead GM as long as she keeps the company profitable and competitive. Her salary is not outrageous if you compare it with what the CEO’s of other large companies are making. You and other armchair warriors are thinking that a capable CEO is easy to find. I agree with C8.R’s comment about the poor sales of Impala. The market will decide if the EV’s are going the same way. GM is already slowing down on the introduction of the EV’s, but they need to stay in the market to keep up with the competition.
Belo: I bet a million that you wouldn’t be saying that if you woke up tomorrow and GM had exactly 3 SUV’s and 3 trucks TOTAL and instead they offered more than 20 sedans.
So under your logic, how long should GM keep some of these SUV/CUV’s for sale that are selling in quite low numbers?
There are still good choices for sedans in NA. If the market will require more, they will build more.
I was happy in the past with my Ford Taurus, even happier with my Buick LeSabre and Oldsmobile Delta 88, but I am not going to get worked out about their retirement.
Without looking it up I would be the sales of the Impala far exceed the Lyriq, Celestiq, Mistaq, Hummer EVH3421, Bolt, Dolt, Zolt, Molt, Brightdrop, Lemondrop, Cornpop, and et al…..
As a former product planning manager at GM, I was very disappointed at my encounters with GM’s upper management. As is true of most large corporations, and the federal government, the people running the show are NOT the most competent or the most intelligent, just the best politicians, and that includes Mary Barra. She is apparently a true believer in the manmade global warming religion.
The climate is changing. The proof is in the data collected. Summer 2023 was the hottest on record. Yet, I do not think that current ICE vehicles are a large part of the problem. Also, I I do not think that the electrical system is set up for EVs. There are still not enough charging stations which could service any brand of EVs. Chevy had the Bolt and from what i read it was a very good vehicle. Unfortunately, there was a serious issue with the electric battery. Once that was resolved everything should have been OK. I do not know why GM did not position the Bolt as a suburban/urban vehicle and market it as such. Instead, they bring out expensive Hummers & Cadillacs that are far too much money for the middle-class buyer. Of course, they probably make a nice profit on these vehicles if they sell. I have not seen any on the roads. I would have started with the Bolt and then bring in a reasonably priced sedan. Then again, I am not a member of GM management.
I’ve owned three Impala’s. My 2017 Midnight Edition Impala I’m running now is the best car I’ve ever owned. It’s a great road car. I get 30 mpg highway 21/22 around town. The ride is smooth / quite and the 305 h p engine has a lot get up and go when you need it. My wife has a 2020 red hot red Blazer R S. It’s nice but it doesn’t have the road trip qualities we get with the Impala. I was upset when GM quit production. Tested a Malibu. It doesn’t compare to my Impala.
I haven’t taken mine on a highway cruise yet … I have been getting like 21-23 mostly city. Which isn’t too far off what my 2013 was getting. I think if GM tossed the 8 or 9 speed in there with the prior 3.6 that was in the CTS they easily could have eeked out a few more mpgs considering the lacrosse was rated at like 31 in fwd w the V6 and 8 speed
At least on the or premier I HATE the Bridgestone 20″ wheels on them. They are really loud and expensive for what they are… In my mind when those go I’m getting Continentals
Better in every way than any of the current Caddy sedans, for less money .
GM is a metaphor for the whole Planet; the Best Days are past.
Another great GM car that Mary axed. I think she might axe the rest of them in favor of EV’s if the customers’ message hadn’t finally gotten through that we don’t want EV’s and won’t buy them.
I remember on this website where in one quarter this year, GM sold 2 EV Hummers. Another quarter, they sold 19. That’s an increase. But I’m pretty sure they would have sold a lot more new Impalas if they still made them.
How about a nice Brightdrop?
Maybe a Zolt?
A $700,000 Cadillac Mistaque?
Can we perhaps interest you a Colorado Trail Boss, Boss Hoss, Whos the Boss, Boss Hogg edition?
Mistaque. I see what you did there. Clever.
Just another stupid mistake to add to Mary’s long list. She’ll be the death of GM yet.
You do realize she is not the only one that made that decision. Many people on the board did and so did many managers. They obviously looked at Trends and what the government was telling them. We know how bad the government lies and that is the problem. They offered the Car Makers the world but now that world is not coming true which is no surprise.
Since when did GM’s board start to think? They are the biggest bunch of do-nothings in the world. The Chairman tells them what to think and how to think. They just sit there clammed up. If anu one of them had any guts, they could actually make the company something to be proud of again.
One of the biggest mistakes Mary made was killing their best sedan the Impala. If they kept producing it alongside the Regal I would have remained a GM customer.
It was not making enough money for gm in parts sales and the dealers were complaining about about short and infrequent time on their lifts so they discontinued it.
Nice, but they quit building them 🙁
I had this generation of Impala as a company car for a few years and liked everything about it except for the gutless 4 cylinder engine chosen by our fleet department. It was so much better looking than the prior generation Impala. The only thing I liked about the 2012 Impala was the V6 engine. It is a pity that if you want a reasonably priced sedan you have the under-powered long in tooth Malibu or you go foreign. Dodge is ending the Charger and Ford gave up long ago.
I really appreciate the 3.6 LFX in my 2016 LaCrosse. It’s like having a 4 door Camaro – that engine is highly motivated. Strangely, with this generation of Impala/Lacrosse/XTS and Saab 9-5, GM finally figured out how to make the perfect car, with no build issues or defects, and then proceeded to abandon the sedan business. So frustrating – they finally figured it out!
Retired out of Oshawa and built this and the previous model. Remember seeing just the unpainted stamped body sitting on a rolling jig and thought, wow, this looks good even before it was completed. They are a great looking car and now there’s even more incentive to drive one. The profile pic of the red one is mighty pretty.
I agree – our red 2014 now has 140,000 miles, V6 gets 22 mpg city, 32 mpg highway. Love this car!
Volt was on the same chopping block . I really wanted a second generation one so I bought it the last year it was made., which was 2019.
Burns between one cup and one pint of oil every 24,000 mile 2 year oil change. 0W-10 is so thin like clock oil but engine purrs like a kitten. Mostly electric miles. Efficient on either gas (38 mpg) or electricity and just charge it at a slow 940 watts. Absolutely no infrastructure required since if battery goes dead engine just runs a bit more. Hatchback
Stores a lot., seems beyond dumb they perfected all of this then threw it in the trash can
. Could have been easily scaled up to larger vehicles.
Cancelling the volt and not building another PHEV continues to infuriate me. Comparable to them scrapping the EV1. A PHEV canyon/Colorado with 60miles of all electric range would be a perfect commuter that I can also drive to hiking trail heads on the weekend. Having a massive battery truck for a 30min commute feels like a waste of those limited supply precious minerals that are needed for battery production. Leave the big gas motor in it for towing. Please don’t tell me I should take a phev crossover onto potholed roads with washouts. The wrangler phev is a close as I can get, but I trust GMs electric technology way more and truck beds are handy.
Personally I liked the design of the last two generations. But in my mid 40’s now, I just didn’t care for the old person cliche it brought with it. Around here it was all 70’s and older who drove one.
The FWD was another drawback to me. A full size vehicle like that should have had AWD.
Even with understanding that would increase weight, reduce gas mileage, and make it feel less powerful.
Honestly GM had the right recipe for a quality car. But what they failed was capturing that in more vehicles that had more volume sales.
Have a 2019 Impala bought new best vehicle I have ever had love everything about it powerful V6, handling,ride, comfort, most important a naturally aspired engine not a stressed out turbo 4.
Consumer Reports named it the “Best Full-sized Sedan” its 2nd or 3rd year out.
I can’t remember ONE commercial for it.
Great Marketing ….. no …. pathetic .
Wonder if they dropped it because it was an embarassment to the ugly, undersized, under powered, over-priced Caddys ?
There were commercials when it first launched, I remember them, they were sort of retro Mad Men themed with a 1958 Impala in the add, but that was it……
Consumer Reports named it the “Best Full-sized Sedan” its 2nd or 3rd year out. Against Lexus, Beemer,et al.
I can’t remember ONE commercial for it.
Great Marketing ….. no …. pathetic .
Wonder if they dropped it because it was an embarassment to the ugly, undersized, under powered, over-priced Caddys ?
It’s like some folks in here forgets that the impala is full size and doesn’t compete with a Camry but instead the Avalon. The full size market is dead for us Americans. Gm is gonna try this again with Cadillac but instead with evs…. Let’s just hope it works
Impala was on the same platform as the XTS and Buick LaCrosse. All very good FWD and AWD vehicles. Wonder if GM’s bottom line improved when they dropped these vehicles. Cadillac offered a 410 HP V-Sport AWD version that performed very well and could have been an option for the Impala and LaCrosse. GM does things that totally frustrate many long-term supporters because someone or some committee determines that the sales of the model are not good enough to compete with Toyota and others. In my opinion is to build less numbers of some models and just refine them to cover a cost point to make some profit rather than change horses in the middle of the race. They do not need to win all the time but just build a good product that keeps past customers and attracts new customers by reputation and not just advertising.
My family owns 2 Impalas, a 2011 and a 2012. 2011 has 160k miles and the 2012 has 80k miles. Although they are the previous generation, with routine maintenance they are absolutely bulletproof! Parts are plentiful and cheap, insurance is cheap, and every mechanic on the planet can work on them. I think GM could have sold many more if they would have promoted them. Out here in fly over country, the pre owned ones sell like hot cakes!
Gary,
Your cars were the last of the Impala’s based on the long serving W Car platform. That platform had been refined over several years to point it was indeed nearly bulletproof. And it was still quite competitive from a ride, handling and NVH perspective.
Interesting that they still sell like “hot cakes”. Affordability and reliability is still in demand. Who would’a thought it?
Still driving my 2004 chevy impala 3.4 sedan still love driving I have 137,200 miles on it now great winter car handles great in snow & ice won’t get rid of it even if I hit the lottery big had to replace transmission, struts,and changed exaust to manaflo duel
Your comment is much appreciated. I worked on that generation Impala starting in the late 90’s during its development. We had a very good team of experienced designers, engineers and planners. A very solid machine.
Gary White was the Chief Engineer (aka VLE). He went on to be the Chief Engineer for trucks.
A very good product in a segment that unfortunately the market moved away from.
I just bought a 19 LT one owner used with 15k miles. Drove to FL spent a week and drove 18 hrs straight only stopping for gas and snacks and taking a leak. I really love this car,but people just want these suvs??? It’s a fad that started with the mini van in the 80s. How many minis on the roads today, almost non. It’s not always true the consumer is king. Who new of or wanted a mini van before they got shoved down proes throats? Sedans are always cool,csn you say that about a 10 year old suv?? Would you rather have a 57 bel air or a 2000 suv?? I might keep this car till it dies. I recommend this car to any used car buyer,also gas consumption is better than my 90 bonneville,kinda strange.
Try doing that with an electric. How many time would you have had to stop to recharge?
I agree with you completely. A terrific car and great economy with miniscule emissions. What could be better! SUVs are just a fad that is unnecessary.
Still own my 2002 Impala that I bought new. Approaching 200K miles with 32 mpg on the hwy with the great 3800 v6. Has both a cassette and a cd and still enjoy choosing one of my 150 or so classic rock cds and even an occasional cassette to rock my errands and road trips (showing my age!). Great car. If no one buys sedans anymore, how do you account for the hundreds of 1000’s of Toyota, Nissan, Honda, Hyndai, Kia, and Suburu’s out there. GM just gives up markets like the most recent mitake in dropping Camaro again! Majority of people do not want electric which is also impractical in most areas of the county. Remind me again how green it is when I see pictures of children in Africa digging for cobalt on muddy mountainsides. I’m sure China will be ecologically responsible when supplying the other needed rare earth minerals needed for the batteries.
What an absolute shame. The Impala is an amazing vehicle. We actually own 4. A 1963 “3 on the tree”, a 1971 automatic, a 2006 which is still licensed and running and my current 2013. I was looking forward to buying a new 2024 but, alas, no such luck. I live in the country. I can pile in the husband and grandkids comfortably into this vehicle and go pick up 20 bags of top soil or 10 bags of horse feed and put them into my huge trunk. As long as I don’t drive at night we make is home just fine. After dark, the weight in the trunk causes a lot of oncoming traffic to give me the brights. But this car is the closest thing to an all-round vehicle close to the old station wagon and yes, I had three of the chevy wagons in their day, the last one being a1985 chevy caprice classic wagon with the wooden side panel, gun metal gray. I love chevrolets but especially the impalas. I wish they could bring them back. I buy a car a decade, they are THAT good.