Used 2020 Chevrolet Malibu for Sale near Alberta

How much does the 2020 Chevrolet Malibu cost?

Prices have softened 17.31% compared to this time last year, making it a favourable time to shop this model year.

There are 80 listings available, which gives you a reasonable amount of inventory to compare before you buy.

Is the 2020 Chevrolet Malibu a good car?

Yes — the 4.58/5 user rating suggests you’re looking at a well-liked used sedan. Drivers consistently praise its smooth ride, attractive design, and good gas mileage, while many also point to its value for money and comfortable interior. That lines up well with the Malibu’s role as a roomy, value-focused midsize sedan for shoppers who want practical family transportation without moving up to an SUV. With 35.0% of listings marked as good or great deals, you still have some room to shop carefully.

Is the 2020 Chevrolet Malibu reliable?

Owners rate it 4.58/5, a strong signal of long-term satisfaction.

User feedback also points to a car that feels dependable in everyday use, with owners highlighting its smooth ride, comfort, and good fuel economy. The overall impression is of a sedan that many drivers can count on for steady, trouble-free commuting and family duty. For used buyers, that suggests manageable long-term ownership risk, especially if you choose a well-maintained example.

Is now a good time to buy a used 2020 Chevrolet Malibu?

This looks like a moderate, selective buyer’s market, so you can afford to be patient and compare listings.

• Deal availability: 35.0% of listings are priced as good or great deals.
• Inventory: There are 80 listings available.
• Price trend: Prices have softened 17.31% compared with last year.

If you find a listing below $17,447 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2020 Chevrolet Malibu's resale value?

The current average of $17,450 CAD sits slightly below last year's $21,104 CAD.

That price movement suggests the Malibu has become more accessible for used buyers, but it also means a future seller may face a softer market than before. If you buy now, you’re entering at a lower price point, which can help limit depreciation exposure compared with a period of stronger pricing. The model’s value-focused reputation should help keep interest steady, especially among shoppers prioritising comfort and affordability.

Vehicles with strong owner satisfaction ratings, like this model year's 4.58/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2020 Chevrolet Malibu or consider a different year?

If you're weighing the 2020 against nearby model years, here's how to think about it:

Choose the 2020 if:

• 35.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.31% compared with last year.
• Owners rate it 4.58/5 — a strong satisfaction signal.

The bottom line: If you want a roomy, value-focused midsize sedan and you’re comfortable shopping carefully, the 2020 Malibu is the sensible pick. If your priority is stretching your budget as far as possible, a nearby model year may offer a lower entry price, but the 2020 gives you a strong mix of comfort, value, and buyer satisfaction that makes it the better all-around choice for many shoppers.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.