Used 2024 Chevrolet Malibu for Sale nearNepean, ON

How much does the 2024 Chevrolet Malibu cost?

Prices have softened 12.21% compared to this time last year, making it a favourable time to shop this model year.

There are 217 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2024 Chevrolet Malibu a good car?

Generally — the 2024 Chevrolet Malibu earns a 4/5 user rating, which fits its role as a roomy, value-focused midsize sedan. It is aimed at you if you want a straightforward family car with plenty of space, easy-to-use features, and pricing that is generally lower than rivals such as the Camry or Accord. It is best suited to shoppers who prioritise practicality and price over polish or driving excitement.

With 26.3% of listings marked as good or great deals, there is a decent amount of market opportunity if you shop carefully.

Is the 2024 Chevrolet Malibu reliable?

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

The 2024 Malibu comes from the model’s most refined front-drive generation, and it earned stronger reliability marks than earlier Malibus while feeling higher in quality than its predecessors. For used buyers, the main long-term ownership risk is that it still sits below some rivals in overall refinement, so condition and maintenance history matter.

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 with some leverage if you are patient and compare listings carefully.

• Deal availability: 26.3% of listings are priced as good or great deals.
• Inventory: There are 217 listings available.
• Price trend: Prices have softened 12.21% compared with last year.

If you find a listing below $23,204 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 $23,560 CAD sits slightly below last year's $26,836 CAD.

That price movement suggests the Malibu has already absorbed a meaningful amount of depreciation, which can help future sellers if they buy at the right price. Because the model is positioned as a value-focused sedan, resale performance will likely depend on how well your example is equipped and maintained. A lower entry price today can make it easier to stay competitive when you eventually sell.

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:

• 26.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 12.21% compared with last year.
• Owners rate it 4/5 — a solid satisfaction signal.

The bottom line: You should lean toward the 2024 if you want a roomy, value-oriented Malibu with a favourable price trend and enough inventory to shop selectively. If your priority is simply the lowest possible purchase price, a nearby model year may be worth comparing, but the 2024 is the better pick when you want a balanced mix of value, space, and current market availability.

These recommendations are based on CarGurus' proprietary market data from October 20, 2026, CarGurus experts' opinions, and generative AI.