Used Chevrolet Malibu for Sale near Niagara Falls, 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 $19,227 CAD, and its lowest point over the past year was $18,764 CAD. 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 has broad appeal for used-car shoppers who want a comfortable, practical sedan with easy-to-use features and strong everyday value. The all-generations owner rating is 4.3/5 across every model year in the data.

Owners consistently praise the Malibu for its smooth ride, roomy cabin, and fuel economy. Drivers also highlight its user-friendly tech and comfortable, stylish design, which help it work well as an everyday family car.

26.2% of listings are priced as good or great deals.

Are Chevrolet Malibu models reliable?

Owners and experts consistently point to the Malibu’s comfortable ride, useful technology, and strong value as recurring strengths. The newer front-wheel-drive generations also earn praise for improved refinement and better reliability than earlier Malibus.

• Owners rate the Chevrolet Malibu between 4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is shaped by model year, with the newer generations generally offering the most reassuring ownership experience.

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 attract more shoppers because they combine newer features, broader availability, and pricing that still sits below many rival sedans. That gives you more choice across trims and deal quality when you shop the most common model years.

What is the Chevrolet Malibu's resale value?

Most Malibu model years in the table are down year over year, which creates better buying opportunities for used shoppers. The largest drops are concentrated in the newer and mid-cycle years, while the smaller changes appear in the older model years. That pattern gives you more room to find value if you are shopping for a recent Malibu.

The 2019, 2015, 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 −12.02% versus a year ago, and the 2023 model is at −12.85%.
• Deal availability: The 2024 model has 27.5% good and great deals, and the 2023 model has 27.8%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $21,005 CAD.

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

How does the 2023 Chevrolet Malibu compare to the 2023 Toyota Camry?

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.