Used 2024 Chevrolet Malibu for Sale near Ontario

How much does the 2024 Chevrolet Malibu cost?

Prices have softened 15.36% compared to this time last year, making it a favourable time to shop this model year.

There are 248 listings available, which suggests you should 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 points to solid overall appeal for used-car shoppers. The overview describes it as a roomy, value-focused midsize sedan with a comfortable cabin, easy-to-use features, and a straightforward infotainment setup, so it fits well if you want practical everyday transportation rather than a flashy driving experience. It also stands out as the final outing for Chevrolet’s long-running front-drive sedan, which gives it added significance if you like a mature, proven design. There are 30.6% of listings 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 says this generation had the best reliability record of the front-wheel drive Malibus, and that matters if you want a used sedan with a more established track record. It also notes that earlier versions had weak transmissions before the CVT arrived, so you should still pay attention to service history and how the car drives on a test route. For used buyers, the main long-term ownership risk is making sure the specific car you choose has been maintained properly.

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 but still move quickly on the right car.

• Deal availability: 30.6% of listings are priced as good or great deals.
• Inventory: There are 248 listings available.
• Price trend: Prices have softened 15.36% 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 $23,620 CAD sits slightly below last year's $27,907 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 someone who bought earlier. If you plan to resell later, the current trend points to a model that may hold value best when it is well kept, well documented, and priced competitively. 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:

• 30.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 15.36% compared with last year.
• Owners rate it 4/5 — a solid satisfaction signal.

The bottom line: If you want the newest Malibu in this generation’s final stretch, the 2024 is the cleanest choice because it combines mature packaging, a roomy cabin, and a softer used-market price than it had a year ago. If your priority is stretching your budget further, a nearby model year may be worth comparing, but the 2024 is the better pick when you want the latest version of this formula and can find one priced near the lower end of the range.

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