Chevrolet Malibu Depreciation

A Chevrolet Malibu will depreciate 27% after 5 years and have a 5 year resale value of $20,345.

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 $28,039 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 $2,378 91.52% $25,661 12,000 2022
2 $3,973 85.83% $24,066 24,000 2023
3 $4,486 84.00% $23,553 36,000 2024
4 $4,654 83.40% $23,385 48,000 2025
5 $7,694 72.56% $20,345 60,000 2026
6 $9,699 65.41% $18,340 72,000 2027
7 $12,057 57.00% $15,982 84,000 2028
8 $14,134 49.59% $13,905 96,000 2029
9 $16,007 42.91% $12,032 108,000 2030
10 $19,024 32.15% $9,015 120,000 2031

Chevrolet Malibu Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,378 91.52% $25,661
2 $3,973 85.83% $24,066
3 $4,486 84.00% $23,553
4 $4,654 83.40% $23,385
5 $7,694 72.56% $20,345
6 $9,699 65.41% $18,340
7 $12,057 57.00% $15,982
8 $14,134 49.59% $13,905
9 $16,007 42.91% $12,032
10 $19,024 32.15% $9,015

Buying a Chevrolet Malibu New vs Used

If you purchase a used Chevrolet Malibu that is 2 years old, then you could save $3,973 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 $3,721. 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 $1,811 per year. This adds up to around $9,055 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 2021 Chevrolet Malibu is our top pick for the best model year value for the Malibu. With the 2021, you would only pay, on average, 92% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2019 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
2022 $28,039 $28,039 $224 $0 0% 100%
2021 $27,980 $25,868 $261 $2,171 7.74% 91.52% Best
2020 $27,275 $23,732 $321 $2,136 8.26% 85.83% Better
2019 $25,570 $21,479 $416 $2,253 9.49% 84% Better
2018 $24,113 $20,605 $495 $874 4.07% 83.4%
2017 $24,991 $18,754 $620 $1,851 8.98% 72.56% Good
2016 $24,937 $17,185 $873 $1,569 8.37% 65.41%
2015 $24,008 $14,659 $974 $2,526 14.7% 57% Good
2014 $24,538 $13,236 $1,067 $1,423 9.71% 49.59%
2013 $24,247 $11,610 $1,206 $1,626 12.28% 42.91%
2012 $24,491 $9,099 $1,224 $2,511 21.63% 32.15%
2011 $22,956 $7,853 $1,373 $1,246 13.69% 28.23%
2010 $22,781 $7,740 $1,589 $113 1.44% 27%
Year Price % Paid Value Rank
2022 $28,039 100%
2021 $25,868 91.52% Best
2020 $23,732 85.83% Better
2019 $21,479 84% Better
2018 $20,605 83.4%
2017 $18,754 72.56% Good
2016 $17,185 65.41%
2015 $14,659 57% Good
2014 $13,236 49.59%
2013 $11,610 42.91%
2012 $9,099 32.15%
2011 $7,853 28.23%
2010 $7,740 27%

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: