Used 2023 Chevrolet Malibu for Sale nearAlbuquerque, NM
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mineral Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 57,855
- Stock #:
- 26QP162
- VIN:
- 1G1ZD5ST7RF122793


Sponsored by Quality GMC Buick Inc
2024 Chevrolet Malibu
LT with 1LT FWD
57,855 mi
$17,384
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 62,966
- Stock #:
- 26QP161
- VIN:
- 1G1ZD5STXRF140821

Sponsored Listing
2024 Chevrolet Malibu
LT with 1LT FWD
62,966 mi
$17,984
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Black
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 45,673
- Stock #:
- 790074
- VIN:
- 1G1ZG5ST7PF187616

Sponsored Listing
2023 Chevrolet Malibu
RS FWD
45,673 mi
$16,378
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 78,293
- Stock #:
- H74
- VIN:
- 1G1ZD5ST8PF209728

2023 Chevrolet Malibu
LT with 1LT FWD
78,293 mi
$14,811
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Black
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 45,673
- Stock #:
- 790074
- VIN:
- 1G1ZG5ST7PF187616

2023 Chevrolet Malibu
RS FWD
45,673 mi
$16,378
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 39,311
- Stock #:
- 5061UZ
- VIN:
- 1G1ZD5ST5PF216118

-$900
2023 Chevrolet Malibu
LT with 1LT FWD
39,311 mi
$20,375
$19,475
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- White
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 59,775
- Stock #:
- 7W1GDD
- VIN:
- 1G1ZD5ST3RF130504

2024 Chevrolet Malibu
LT with 1LT FWD
59,775 mi
$17,096
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 62,966
- Stock #:
- 26QP161
- VIN:
- 1G1ZD5STXRF140821

2024 Chevrolet Malibu
LT with 1LT FWD
62,966 mi
$17,984
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mineral Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 56,159
- Stock #:
- 26QP038
- VIN:
- 1G1ZD5ST4RF220311

2024 Chevrolet Malibu
LT with 1LT FWD
56,159 mi
$17,384
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Summit White
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Dark Atmosphere/Medium Ash Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 63,193
- Stock #:
- 126077A
- VIN:
- 1G1ZD5ST1RF126077

-$480
2024 Chevrolet Malibu
LT with 1LT FWD
63,193 mi
$17,223
$16,742
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mineral Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 57,855
- Stock #:
- 26QP162
- VIN:
- 1G1ZD5ST7RF122793

2024 Chevrolet Malibu
LT with 1LT FWD
57,855 mi
$17,384
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Northsky Blue Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 80,222
- Stock #:
- 1716
- VIN:
- 1G1ZD5ST8NF161788

2022 Chevrolet Malibu
LT FWD
80,222 mi
$15,849
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- White
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 51,119
- Stock #:
- N12700
- VIN:
- 1G1ZD5ST3RF154429

2024 Chevrolet Malibu
LT with 1LT FWD
51,119 mi
$18,971
CarGurus Analysis:
2023 Chevrolet Malibu
With 247 currently listed for sale and an average price of $16,681, 30.4% of 2023 Chevrolet Malibu listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Chevrolet Malibu 5 / 5 stars.
100.0% of 2023 Chevrolet Malibu listings on CarGurus are accident free.
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Mineral Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Dark Atmosphere/ Medium Ash Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 49,637
- Stock #:
- BC187081
- VIN:
- 1G1ZC5ST4NF187081

-$605
2022 Chevrolet Malibu
LS Fleet FWD
49,637 mi
$16,976
$16,370
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Summit White
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 74,625
- Stock #:
- D26-905
- VIN:
- 1G1ZD5ST9PF200696

2023 Chevrolet Malibu
LT with 1LT FWD
74,625 mi
$15,476
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Silver
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 56,669
- Stock #:
- 7W1DQC
- VIN:
- 1G1ZD5ST1RF130484

2024 Chevrolet Malibu
LT with 1LT FWD
56,669 mi
$17,096
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Sterling Gray Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 40,996
- Stock #:
- 1CC6224
- VIN:
- 1G1ZB5ST3RF146224

2024 Chevrolet Malibu
LS FWD
40,996 mi
$20,794
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 62,158
- Stock #:
- 7WNNF9
- VIN:
- 1G1ZD5ST9RF183420

-$597
2024 Chevrolet Malibu
LT with 1LT FWD
62,158 mi
$17,596
$17,096
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 61,135
- Stock #:
- 14681
- VIN:
- 1G1ZB5ST3NF208831

2022 Chevrolet Malibu
LS FWD
61,135 mi
$15,533
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 32,116
- Stock #:
- 29115872
- VIN:
- 1G1ZD5ST5PF241178

2023 Chevrolet Malibu
LT with 1LT FWD
32,116 mi
$19,797
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 35,342
- Stock #:
- 29160946
- VIN:
- 1G1ZD5ST3RF172137

2024 Chevrolet Malibu
LT with 1LT FWD
35,342 mi
$20,897
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Black
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Automatic
- Mileage:
- 50,696
- Stock #:
- 29161023
- VIN:
- 1G1ZD5ST4RF134061

2024 Chevrolet Malibu
LT with 1LT FWD
50,696 mi
$19,897
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Black Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 39,311
- Stock #:
- 5061UZ
- VIN:
- 1G1ZD5ST5PF216118

-$900
Sponsored Listing
2023 Chevrolet Malibu
LT with 1LT FWD
39,311 mi
$20,375
$19,475
CarGurus Analysis: 2023 Chevrolet Malibu

Summary
With 247 currently listed for sale and an average price of $16,681, 30.4% of 2023 Chevrolet Malibu listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Chevrolet Malibu 5 / 5 stars.
100.0% of 2023 Chevrolet Malibu listings on CarGurus are accident free.
Why it stands out
The 2023 Chevrolet Malibu stands out as a roomy, value-oriented midsize sedan with a long-running reputation for being easy to live with. By this point in its life cycle, it was part of the Malibu’s final generation, and the car’s appeal centered on practical strengths rather than flash: a comfortable cabin, straightforward features, and pricing that tended to undercut rivals like the Camry and Accord. It also benefited from the Malibu’s later-generation improvements in refinement and reliability, which helped make it a more convincing family sedan than earlier versions.
For 2023, the Malibu was essentially a carry-over model from 2022, so its strengths were familiar. The standard 1.5-liter turbocharged four-cylinder produced 163 horsepower and 184 pound-feet of torque, paired with a six-speed automatic transmission and rated at 30 mpg combined. Buyers could also find the Malibu’s available safety and driver-assistance equipment, though many of those features were not standard earlier in the generation. The car’s infotainment setup included Apple CarPlay and Android Auto, and later-model Malibus also benefited from wireless smartphone connectivity.
The tradeoff is that the 2023 Malibu was not especially exciting to drive, and it still lagged behind some competitors in refinement. Its standard engine was described as lackluster in acceleration, and the Malibu’s overall appeal was more about value, space, and ease of use than performance. Even so, for shoppers who wanted a large, comfortable sedan with a strong price advantage and a proven formula, the 2023 Chevrolet Malibu remained an appealing choice.
Other model years to consider
- 2019 Chevrolet Malibu
- Average price: $10,242
- Good/great deal percentage: 28.6%
- User rating: 5 / 5
- Total listings: 84
- 2025 Chevrolet Malibu
- Average price: $20,517
- Good/great deal percentage: 29.4%
- Total listings: 180
- 2022 Chevrolet Malibu
- Average price: $15,807
- Good/great deal percentage: 28.9%
- User rating: 4.6 / 5
- Total listings: 142
Similar models to consider
- 2023 Toyota Camry
- Average price: $23,436
- Good/great deal percentage: 60.8%
- User rating: 4.86 / 5
- Total listings: 158
- 2023 Nissan Altima
- Average price: $19,478
- Good/great deal percentage: 61.5%
- User rating: 5 / 5
- Total listings: 200
- 2023 Hyundai Sonata
- Average price: $19,172
- Good/great deal percentage: 32.6%
- User rating: 5 / 5
- Total listings: 95
This analysis is based on CarGurus' proprietary market data from October 5, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
5.0 Overall rating
Filter by rating
Christian P
Reviewed a 2023 Chevrolet LT with 1LT FWD on Apr 18, 2026
The car has more features than you think for the price. Heated seats, android and apple auto, a turbo. It's not the pinical of luxury, but it definitely gives you enough if you are on a budget.
Compare 2023 Chevrolet Malibu Trims in Albuquerque, NM
The 2023 Chevrolet Malibu offers a range of trims that balance affordability and features, with excellent fuel efficiency across the lineup.
- Starting at $15,999
- Best MPG/MPGe: 27 city / 35 hwy
- Most Popular: LT with 1LT FWD
Trim Overview
Prices updated weekly from CarGurus listings.
| LS Fleet FWD | LS FWD | RS FWD | LT with 1LT FWD (Most Popular) | LT with 2LT FWD | |
|---|---|---|---|---|---|
| Starting MSRP | $24,700 | $25,000 | $26,000 | $28,100 | $31,500 |
| Avg. Market Price | $17,003 | $17,003 | $15,999 | $16,871 | $19,201 |
| Positioning | Best value | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera | Bluetooth, Remote Start | Backup Camera, Android Auto | Backup Camera, Remote Start | Backup Camera, Leather Seats |
| Drivetrain | FWD | FWD | FWD | FWD | FWD |
| Listings Available | 45 | 45 | 46 | 202 | 16 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| LS Fleet FWD | LS FWD | RS FWD | LT with 1LT FWD | LT with 2LT FWD | |
|---|---|---|---|---|---|
| AI Summary | Best value for budget-conscious shoppers | Standard features at a competitive price | Lowest average price in the lineup | Most popular choice with great features | Fully loaded for luxury seekers |
| Avg. Market Price | $17,003 | $17,003 | $15,999 | $16,871 | $19,201 |
| MSRP | $24,700 | $25,000 | $26,000 | $28,100 | $31,500 |
| Engine | 1.5L 160 hp I4 | 1.5L 160 hp I4 | 1.5L 160 hp I4 | 1.5L 160 hp I4 | 1.5L 160 hp I4 |
| Drivetrain | FWD | FWD | FWD | FWD | FWD |
| MPG/MPGe (City/Hwy) | 27/35 | 27/35 | 27/35 | 27/35 | 27/35 |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | — | — |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | — | — | ✓ | ✓ |
| Multi Zone Climate Control | — | — | — | ✓ | ✓ |
| Leather Seats | — | — | — | — | ✓ |
| Active Listings | 45 | 45 | 46 | 202 | 16 |
Missing data displayed as "—".
Trim Deep Dives
LS Fleet FWD — "Who It's For"
The LS Fleet FWD is the pick for shoppers who want essential features without paying for extras. It's a great value option for budget-conscious buyers.
- Avg. market price: $17,003 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 45 listings
- View LS Fleet FWD listings
LS FWD — "Who It's For"
The LS FWD is the pick for shoppers who want a well-rounded sedan without breaking the bank. It offers a solid mix of features and comfort.
- Avg. market price: $17,003 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 45 listings
- View LS FWD listings
RS FWD — "Who It's For"
The RS FWD is the pick for shoppers who want a stylish sedan with modern tech features without a hefty price tag. It's the most affordable trim in the lineup.
- Avg. market price: $15,999 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 46 listings
- View RS FWD listings
LT with 1LT FWD — "Who It's For"
The LT with 1LT FWD is the pick for shoppers who want a blend of comfort and technology without going for the highest trim. It's the most popular choice in the lineup.
- Avg. market price: $16,871 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 202 listings — widest selection in the lineup
- View LT with 1LT FWD listings
LT with 2LT FWD — "Who It's For"
The LT with 2LT FWD is the pick for shoppers who want a fully loaded sedan with premium features. It's ideal for those seeking luxury in a midsize car.
- Avg. market price: $19,201 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 16 listings — lower availability; may limit negotiating room
- View LT with 2LT FWD listings
Trim Recommendations
Most Popular — LT with 1LT FWD
With 202 active listings, the LT with 1LT FWD is the clear volume leader in the lineup.
Browse LT with 1LT FWD listings
Best Budget Option — RS FWD
At $15,999 avg market price — below the lineup median of $17,003 — it's the most accessible entry point.
Best for Fuel Economy — LS Fleet FWD
The LS Fleet FWD offers the best fuel efficiency in the lineup with 27/35 MPG.
These recommendations are based on CarGurus' proprietary market data from October 8, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2023 Chevrolet Malibu Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Chevrolet Malibu prices has changed over time.
See more price trends2023 Chevrolet Malibu Pricing Analysis: Albuquerque, NM Market Report
Pricing in Nearby Cities
Market Area: Albuquerque, NM
Key Insights
- Highest-Price Market: The Roswell, NM market has an average price of $19,952, indicating a premium for the Malibu in this area.
- Best Value: The Las Cruces, NM offers the lowest average price at $16,139, presenting a more affordable option for shoppers.
- Inventory Drives Stability: Pueblo, CO leads with 248 listings, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Pueblo, CO | 248 | $17,162 |
| Santa Fe, NM | 226 | $16,960 |
| Las Cruces, NM | 226 | $16,139 |
| El Paso, TX | 222 | $16,139 |
| Roswell, NM | 208 | $19,952 |
| Gallup, NM | 206 | $17,245 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The LT with 1LT FWD trim has the highest inventory with 197 listings, indicating strong demand for this configuration.
- Premium Spread: The LT with 2LT FWD trim has the highest MSRP at $31,500, reflecting a significant premium over the base trims.
- Drivetrain Effect: All trims listed are FWD, suggesting a consistent drivetrain preference among buyers in this market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| LT with 1LT FWD | 197 | $28,100 | FWD | 1.5L 160 hp I4 |
| LS FWD | 45 | $25,000 | FWD | 1.5L 160 hp I4 |
| LS Fleet FWD | 44 | $24,700 | FWD | 1.5L 160 hp I4 |
| RS FWD | 47 | $26,000 | FWD | 1.5L 160 hp I4 |
| LT with 2LT FWD | 15 | $31,500 | FWD | 1.5L 160 hp I4 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2025 model year has a starting MSRP of $24,700, with an average price of $20,539, indicating a 16.8% depreciation.
- Depreciation Curve: The 2015 model year shows the steepest depreciation at -62.1%, highlighting significant value loss over time.
- Best Value Sweet Spot: The 2020 model year averages $13,723, representing a 37.9% depreciation, making it a potentially attractive option for budget-conscious buyers.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2025 | $24,700 | $20,539 | -16.8% |
| 2024 | $24,700 | $18,849 | -23.7% |
| 2023 | $24,700 | $17,228 | -30.3% |
| 2022 | $23,400 | $15,999 | -31.6% |
| 2021 | $22,270 | $14,261 | -36.0% |
| 2020 | $22,095 | $13,723 | -37.9% |
| 2019 | $22,090 | $10,242 | -53.6% |
| 2018 | $21,680 | $12,950 | -40.3% |
| 2017 | $21,680 | $12,315 | -43.2% |
| 2016 | $21,625 | $9,800 | -54.7% |
| 2015 | $22,465 | $8,505 | -62.1% |
These recommendations are based on CarGurus' proprietary market data from October 7, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2023 Chevrolet Malibu cost?
| Metric | Value |
|---|---|
| Current Average Price | $16,741 |
| Year-Round Low | $16,741 |
| Year-Round High | $18,195 |
| Average Price a Year Ago | $18,199 |
| Change vs. Last Year | −8.01% |
Prices have softened 8.01% compared to this time last year, making it a favorable time to shop this model year.
There are 7,267 listings available, which gives you a solid amount of inventory to compare.
Is the 2023 Chevrolet Malibu a good car?
Yes — the 2023 Chevrolet Malibu earns a 5/5 user rating, which points to strong shopper satisfaction. It stands out as a roomy, value-oriented midsize sedan with a comfortable cabin, straightforward features, and pricing that tends to undercut rivals like the Camry and Accord. For you, that makes it a practical choice if you want space, ease of use, and a familiar sedan formula rather than something sporty or flashy. 36.1% of listings are priced as good or great deals, which gives you some room to shop selectively.
Is the 2023 Chevrolet Malibu reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The 2023 Malibu is described as benefiting from later-generation improvements in refinement and reliability, and it was part of the model’s final generation. Its appeal centers on a proven, easy-to-live-with formula rather than complexity, which can be a plus when you’re shopping used. For long-term ownership, that usually means lower drama if you choose a well-kept example and stay on top of routine maintenance.
What should I look for when buying a used 2023 Chevrolet Malibu?
Accident-free inventory is solid at 80.4% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a pre-purchase inspection that checks the cabin, electronics, and overall maintenance condition. Because the Malibu’s appeal is tied to comfort and everyday usability, pay close attention to signs of wear, how the features operate, and whether the car has been cared for consistently. A clean history and a tidy, well-maintained interior matter a lot on a sedan like this.
Is now a good time to buy a used 2023 Chevrolet Malibu?
This is a moderate buyer’s market, so you can shop selectively without feeling rushed.
- Deal availability: 36.1% of listings are priced as good or great deals.
- Inventory: There are 7,267 listings available.
- Price trend: Prices have softened 8.01% compared with last year.
- Clean inventory: 80.4% of listings are accident-free.
If you find a listing below $16,741, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2023 Chevrolet Malibu's resale value?
The current average of $16,741 sits slightly below last year's $18,199.
That price movement suggests the Malibu has already absorbed some depreciation, which can help future buyers but may limit upside if you’re planning to sell soon. For you, the key question is whether you’re buying at a price that leaves enough room for normal depreciation over your ownership period. A lower entry price can help protect your position if you keep the car in good condition and buy a clean example.
Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.
Should I buy a 2023 Chevrolet Malibu or consider a different year?
If you're weighing the 2023 against nearby model years, here's how to think about it:
Choose the 2023 if:
- 36.1% of listings are priced as good or great deals.
- Accident-free inventory is solid at 80.4% — always verify the vehicle history report.
- Price trend: Prices have softened 8.01% compared with last year.
- Owners rate it 5/5 — a strong satisfaction signal.
The bottom line: The 2023 Malibu is the right pick if you want a roomy, value-focused midsize sedan with strong shopper satisfaction and a market that still offers meaningful deal opportunities. If you’re especially price-sensitive, a nearby model year may be worth comparing, but the 2023 is a sensible primary target when you want a balanced mix of value, comfort, and inventory depth.
These recommendations are based on CarGurus' proprietary market data from October 6, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
