Chevrolet Malibu Depreciation

A Chevrolet Malibu will depreciate 46% after 5 years and have a 5 year resale value of $15,181.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $28,128 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Malibu.

Chevrolet Malibu Depreciation Calculator

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Chevrolet Malibu Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,040 74.97% $21,088 12,000 2022
2 $9,485 66.28% $18,643 24,000 2023
3 $10,199 63.74% $17,929 36,000 2024
4 $10,624 62.23% $17,504 48,000 2025
5 $12,947 53.97% $15,181 60,000 2026
6 $15,822 43.75% $12,306 72,000 2027
7 $17,974 36.10% $10,154 84,000 2028
8 $18,908 32.78% $9,220 96,000 2029
9 $21,487 23.61% $6,641 108,000 2030
10 $21,515 23.51% $6,613 120,000 2031

Chevrolet Malibu Depreciation

Years Old Depreciation Residual Value Resale Value
1 $7,040 74.97% $21,088
2 $9,485 66.28% $18,643
3 $10,199 63.74% $17,929
4 $10,624 62.23% $17,504
5 $12,947 53.97% $15,181
6 $15,822 43.75% $12,306
7 $17,974 36.10% $10,154
8 $18,908 32.78% $9,220
9 $21,487 23.61% $6,641
10 $21,515 23.51% $6,613

Buying a Chevrolet Malibu New vs Used

If you purchase a used Chevrolet Malibu that is 2 years old, then you could save $9,485 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $3,462. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Malibu models become available.

What About Chevrolet Malibu Insurance Costs?

The average cost to insure a Chevrolet Malibu is about $1,587 per year. This adds up to around $7,935 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Malibu. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Chevrolet Malibu

The 2019 Chevrolet Malibu is our top pick for the best model year value for the Malibu. With the 2019, you would only pay, on average, 66% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2018 model years are also attractive years for the Malibu, and provide a relatively good value. Our rankings consider multiple factors, including the Malibu's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Malibu models.

Chevrolet Malibu Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $28,128 $28,128 $229 $0 0% 100%
2020 $27,275 $20,712 $264 $7,416 26.37% 74.97% Better
2019 $25,570 $17,278 $329 $3,434 16.58% 66.28% Best
2018 $24,113 $15,798 $428 $1,480 8.57% 63.74% Better
2017 $24,991 $16,044 $493 +$246 -1.56% 62.23%
2016 $24,937 $14,084 $625 $1,960 12.22% 53.97%
2015 $24,008 $11,368 $865 $2,716 19.28% 43.75% Good
2014 $24,538 $9,838 $979 $1,530 13.46% 36.1% Good
2013 $24,247 $9,003 $1,055 $835 8.49% 32.78%
2012 $24,491 $6,989 $1,206 $2,014 22.37% 23.61%
2011 $22,956 $6,636 $1,239 $353 5.05% 23.51%
2010 $22,781 $6,249 $1,420 $387 5.83% 21.2%
2009 $23,577 $5,822 $1,676 $427 6.83% 17.58%
Year Price % Paid Value Rank
2021 $28,128 100%
2020 $20,712 74.97% Better
2019 $17,278 66.28% Best
2018 $15,798 63.74% Better
2017 $16,044 62.23%
2016 $14,084 53.97%
2015 $11,368 43.75% Good
2014 $9,838 36.1% Good
2013 $9,003 32.78%
2012 $6,989 23.61%
2011 $6,636 23.51%
2010 $6,249 21.2%
2009 $5,822 17.58%

Chevrolet Malibu Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Chevrolet Malibu ranks for Depreciation compared to other vehicles. Also check out how the Malibu stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Chevrolet Malibu Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Malibu costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: