The 1994-1996 Impala SS resurrected a legendary nameplate on Chevrolet's full-size, rear-wheel-drive B-body platform. It was essentially a civilian version of the Caprice 9C1 police package, equipped with a sport-tuned suspension, four-wheel disc brakes, and a limited-slip differential. Under the hood sat a 5.7L LT1 V8, a detuned version of the C4 Corvette's engine, producing 260 hp and 330 lb-ft of torque mated to a 4L60E automatic transmission. Initially offered only in black, its monochromatic and lowered appearance created an instant modern muscle sedan.
Collectors prize the 7th Gen Impala SS as the last of the traditional American body-on-frame, rear-drive sedans. Its combination of V8 power, comfortable size, and menacing looks has cultivated a strong enthusiast following. The 1996 models are often the most sought-after, as they feature a floor-mounted shifter and an analog gauge cluster, which replaced the column shifter and digital dash of the 1994-1995 cars. Aftermarket support is extensive, making them easy to maintain and modify.
The market for these cars is well-established, with a wide value range reflecting condition and mileage. The average sale price hovers around $22,000, which typically buys a clean, driver-quality car with reasonable miles. The lowest prices, under $10,000, are reserved for high-mileage examples or projects needing work. The top of the market, approaching $60,000, is for pristine, investment-grade cars with exceptionally low mileage.
Buying Tips
- The LT1's Opti-Spark distributor is located behind the water pump and is susceptible to failure from coolant leaks. Check for any sign of leaks from the pump and review service history.
- Inspect the rear quarter panels, especially around the wheel wells and C-pillar windows, for rust bubbling under the paint. Also check the bottoms of the doors and the frame rails for corrosion.
- Interiors show their age. Look for cracked leather on the driver's seat bolsters, dashboard cracks, and a sagging headliner.
- Many Impalas have been modified. While this isn't always bad, poorly executed modifications can lead to problems. Stock, unmolested examples command the highest values.
- The 1996 model is the most desirable due to its floor shifter and analog gauges. 1994-1995 cars used a column shifter and a digital speedometer.
Prices range from $5,400 for projects to over $60,000 for pristine, low-mileage collector examples.
1,372 Chevrolet Impala 7th Gen vehicles have been tracked across auctions and listings on Hypercars, with 542 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Run a business in this market?
Get Hypercars OS
