Used Chevrolet Malibu for Sale near Belmont, ON

How much does the Chevrolet Malibu cost in today's market?

Used Chevrolet Malibu prices span a wide range depending on model year. Here's what the market looks like right now:

The Chevrolet Malibu's current nationwide average price is $19,131 CAD, and its lowest point over the past year was $19,073 CAD. That narrow spread suggests prices have stayed fairly close to their recent low.

Recently, prices have come down for the 2022, 2023, and 2024 models, making now a good time to shop recent model years.

Is the Chevrolet Malibu a good car?

Yes — the Chevrolet Malibu is a solid used-car choice if you want a roomy, comfortable sedan with useful technology and strong everyday value. The all-generations owner rating is 4.33/5 across every model year in the data.

Owners consistently praise the Malibu for its smooth ride, comfortable cabin, and good fuel economy. Many also like its easy-to-use tech and spacious interior, which make it a practical pick for daily driving.

28.1% of listings are priced as good or great deals.

Are Chevrolet Malibu models reliable?

Owners and reviewers consistently highlight the Malibu’s comfortable ride, fuel economy, and user-friendly features, especially in later model years. The strongest versions also earn praise for their roomy cabins and straightforward technology, which help them feel easy to live with.

• Owners rate the Chevrolet Malibu between 4.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is lowest in the later front-wheel-drive generations, while earlier models can bring more uneven ownership experiences.

What Chevrolet Malibu do most buyers choose?

The Chevrolet Malibu years with the most listings are 2023, 2024, and 2022.

These higher-volume years tend to be popular because they combine newer features, broad availability, and pricing that still sits below many rival midsize sedans. More listings also give you a better chance of finding the trim, colour, and equipment you want.

What is the Chevrolet Malibu's resale value?

Most Malibu model years are down year over year, which is good news if you're shopping used and want more car for your money. The newer model years show some of the largest drops, while the oldest year in the table is nearly flat. Overall, the pattern points to a market where buyers can find meaningful savings across much of the lineup.

The 2015 model year is holding steady, with prices close to flat year-over-year.

The 2015, 2019, and 2018 model years have held their value best, with the smallest year-over-year price changes.

Should I buy a used Chevrolet Malibu now?

Buy now if:

• Price trend: The 2024 model is at −13.0% versus a year ago, and the 2023 model is at −13.34%.
• Deal availability: The 2024 model has 29% good and great deals, and the 2023 model has 27.7%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $21,137 CAD.

If you're buying used today, the 2023 model year offers the best mix of value and availability.

These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.