Used 2020 Chevrolet Malibu for SaleNationwide

How much does the 2020 Chevrolet Malibu cost?

Prices have softened 20.10% compared to this time last year, making it a favourable time to shop this model year.

There are 83 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 2020 Chevrolet Malibu earns a 4.58/5 user rating, which points to strong owner satisfaction. Drivers consistently praise its smooth ride, attractive design, and good gas mileage, and many also like the value for money and comfortable interior. That fits well if you want a roomy, value-focused midsize sedan for everyday family use without paying premium prices. With 36.1% of listings marked as good or great deals, you still have some room to shop selectively.

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 daily use, with owners highlighting its smooth ride and good gas mileage over time. The overall impression is that it can be a trouble-free choice for buyers who want a comfortable commuter or family sedan.

For used buyers, the main long-term ownership risk is that reliability is not class-leading, so a careful inspection and service-history review matter more than they would on a top-tier rival.

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

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile options.

• Deal availability: 36.1% of listings are priced as good or great deals.
• Inventory: There are 83 listings available.
• Price trend: Prices have softened 20.10% compared with last year.

If you find a listing below $16,872 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 $16,935 CAD sits slightly below last year's $21,196 CAD.

That drop suggests the Malibu has become more affordable for used buyers, but it also means a future seller may face a softer pricing environment than owners saw a year ago. If you buy at today’s lower average, you may have less downside risk than someone who purchased when prices were higher. The model’s value-focused positioning can help keep it appealing to budget-conscious shoppers, which supports demand.

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:

• 36.1% of listings are priced as good or great deals.
• Price trend: Prices have softened 20.10% compared with last year.
• Owners rate it 4.58/5 — a strong satisfaction signal.

The bottom line: The 2020 Malibu makes the most sense if you want a comfortable, spacious midsize sedan with strong value and you can take advantage of today’s softer pricing. If you’re especially price-sensitive, a nearby model year may be worth comparing for a lower entry cost, but the 2020 is the better pick when you want the strongest mix of owner satisfaction, current market value, and everyday usability.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.