Used 2024 Chevrolet Malibu for Sale nearKitchener, ON

How much does the 2024 Chevrolet Malibu cost?

Prices have softened 14.06% compared to this time last year, making it a favourable time to shop this model year.

There are 233 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2024 Chevrolet Malibu a good car?

Generally — 4/5 is a solid user rating for the 2024 Chevrolet Malibu, and the overview points to a roomy cabin, easy-to-use features, and a practical, value-focused setup. You also get a standard eight-inch touchscreen with wireless Apple CarPlay and Android Auto, plus standard automatic emergency braking with pedestrian detection and forward collision warnings. For you, that makes it a sensible choice if you want a straightforward midsize sedan with comfort and usability at the centre of the experience.

30.0% of listings are priced as good or great deals, which gives you some room to shop selectively.

Is the 2024 Chevrolet Malibu reliable?

Owners rate it 4/5, a solid signal of long-term satisfaction.

The overview describes this generation as the most mature Malibu formula, with the 2016 redesign improving comfort and sophistication, and it also notes that this generation has the best reliability record of the front-wheel drive Malibus. That said, earlier weak transmissions are part of the model’s history, so you should still inspect service records carefully when shopping used.

For long-term ownership, the main risk is buying a neglected example rather than a fundamentally poor one.

Is now a good time to buy a used 2024 Chevrolet Malibu?

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

• Deal availability: 30.0% of listings are priced as good or great deals.
• Inventory: There are 233 listings available.
• Price trend: Prices have softened 14.06% compared with last year.

If you find a listing below $23,207 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Chevrolet Malibu's resale value?

The current average of $23,687 CAD sits slightly below last year's $27,561 CAD.

That price movement suggests the Malibu has become more accessible in the used market, which can help you buy in at a lower cost today. For a future seller, though, it also means you should expect resale value to depend heavily on condition, mileage, and how well the car has been maintained. A clean, well-kept example should still appeal to shoppers looking for a roomy, practical sedan at a fair price.

Vehicles with solid owner satisfaction ratings, like this model year's 4/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Chevrolet Malibu or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 30.0% of listings are priced as good or great deals.
• Price trend: Prices have softened 14.06% compared with last year.
• Owners rate it 4/5 — a solid satisfaction signal.

The bottom line: If you want the newest version of this final-generation Malibu and you value a roomy cabin, simple tech, and a lower used price than last year, the 2024 is the cleanest choice. If your priority is stretching your budget further, a nearby model year may give you similar practicality for less money, so it is worth comparing condition and asking prices side by side.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.