Used 2023 Chevrolet Malibu for Sale nearChicago, IL
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:
- 69,163
- Stock #:
- P0904
- VIN:
- 1G1ZD5ST5RF107743


Sponsored by Route 1 Chevrolet
2024 Chevrolet Malibu
LT with 1LT FWD
69,163 mi
$18,987
- 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:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 40,094
- Stock #:
- 184142
- VIN:
- 1G1ZD5ST1RF184142

Sponsored Listing
2024 Chevrolet Malibu
LT with 1LT FWD
40,094 mi
$19,154
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Sterling Gray Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Dark Atmosphere/Medium Ash Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 46,603
- Stock #:
- PDM0940
- VIN:
- 1G1ZD5ST1PF253182

Sponsored Listing
2023 Chevrolet Malibu
LT with 1LT FWD
46,603 mi
$16,677
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Dark Ash Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 22,638
- Stock #:
- W176420A
- VIN:
- 1G1ZE5ST2PF153914

2023 Chevrolet Malibu
LT with 2LT FWD
22,638 mi
$21,523
- 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:
- Brown (Dark Atmosphere/Light Wheat)
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 82,783
- Stock #:
- PNP12331
- VIN:
- 1G1ZD5ST5PF194976

2023 Chevrolet Malibu
LT with 1LT FWD
82,783 mi
$13,768
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- White
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 56,080
- Stock #:
- 14396
- VIN:
- 1G1ZD5ST3NF113194

2022 Chevrolet Malibu
LT FWD
56,080 mi
$14,962
- 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:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 66,724
- Stock #:
- T24313
- VIN:
- 1G1ZD5ST6RF138595

2024 Chevrolet Malibu
LT with 1LT FWD
66,724 mi
$17,866
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 21,978
- Stock #:
- PJ12965
- VIN:
- 1G1ZB5ST6PF236044

2023 Chevrolet Malibu
LS FWD
21,978 mi
$19,098
- 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:
- Brown (Dark Atmosphere/Light Wheat)
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 64,826
- Stock #:
- P8662
- VIN:
- 1G1ZE5ST0RF156121

2024 Chevrolet Malibu
LT with 2LT FWD
64,826 mi
$17,763
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- STERLING GRAY METALLIC
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- JET BLACK
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 70,299
- Stock #:
- 10619
- VIN:
- 1G1ZB5ST3PF238673

2023 Chevrolet Malibu
LS FWD
70,299 mi
$16,138
- 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:
- Continuously Variable Transmission
- Mileage:
- 28,915
- Stock #:
- V1190
- VIN:
- 1G1ZB5ST2PF253696

2023 Chevrolet Malibu
LS FWD
28,915 mi
$18,373
- 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:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 29,451
- Stock #:
- PC0160
- VIN:
- 1G1ZD5ST5RF204554

2024 Chevrolet Malibu
LT with 1LT FWD
29,451 mi
$18,313
- 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:
- Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 72,501
- Stock #:
- 33-1575JH
- VIN:
- 1G1ZD5ST2RF126122

-$500
2024 Chevrolet Malibu
LT with 1LT FWD
72,501 mi
$16,283
$15,783
CarGurus Analysis:
2023 Chevrolet Malibu
With 273 currently listed for sale and an average price of $15,357, 35.2% 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.
94.5% of 2023 Chevrolet Malibu listings on CarGurus are accident free.
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Dark Ash Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 73,123
- Stock #:
- P8869
- VIN:
- 1G1ZD5ST4PF209287

2023 Chevrolet Malibu
LT with 1LT FWD
73,123 mi
$14,953
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Sterling Gray Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Dark Atmosphere/Medium Ash Gray
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 46,603
- Stock #:
- PDM0940
- VIN:
- 1G1ZD5ST1PF253182

2023 Chevrolet Malibu
LT with 1LT FWD
46,603 mi
$16,677
- 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:
- 103,443
- Stock #:
- 10934
- VIN:
- 1G1ZD5ST3PF204016

2023 Chevrolet Malibu
LT with 1LT FWD
103,443 mi
$13,367
- 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:
- Continuously Variable Transmission
- Mileage:
- 11,346
- Stock #:
- LJ70426A
- VIN:
- 1G1ZE5ST2PF153976

-$1,095
2023 Chevrolet Malibu
LT with 2LT FWD
11,346 mi
$24,363
$23,268
- 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:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 58,008
- Stock #:
- 53P401
- VIN:
- 1G1ZD5ST7RF195162

-$931
2024 Chevrolet Malibu
LT with 1LT FWD
58,008 mi
$17,335
$16,404
- 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:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 45,189
- Stock #:
- P150510
- VIN:
- 1G1ZD5STXRF150510

-$990
2024 Chevrolet Malibu
LT with 1LT FWD
45,189 mi
$18,367
$17,377
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Lakeshore Blue Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 60,544
- Stock #:
- P1995
- VIN:
- 1G1ZD5ST9RF135254

2024 Chevrolet Malibu
LT with 1LT FWD
60,544 mi
$17,313
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Dark Ash Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 87,692
- Stock #:
- X2148
- VIN:
- 1G1ZD5ST3PF192613

2023 Chevrolet Malibu
LT with 1LT FWD
87,692 mi
$13,891
- 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:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 24,775
- Stock #:
- C30836
- VIN:
- 1G1ZD5ST0RF164769

2024 Chevrolet Malibu
LT with 1LT FWD
24,775 mi
$19,627
- 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:
- Brown (Wheat)
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 68,977
- Stock #:
- XP761
- VIN:
- 1G1ZE5ST0RF156300

Sponsored Listing
2024 Chevrolet Malibu
LT with 2LT FWD
68,977 mi
$19,378
CarGurus Analysis: 2023 Chevrolet Malibu

Summary
With 273 currently listed for sale and an average price of $15,357, 35.2% 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.
94.5% 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
- 2022 Chevrolet Malibu
- Average price: $14,392
- Good/great deal percentage: 29.0%
- User rating: 4.6 / 5
- Total listings: 359
- 2019 Chevrolet Malibu
- Average price: $12,263
- Good/great deal percentage: 26.1%
- User rating: 5 / 5
- Total listings: 226
- 2018 Chevrolet Malibu
- Average price: $11,353
- Good/great deal percentage: 27.3%
- User rating: 5 / 5
- Total listings: 176
Similar models to consider
- 2023 Honda Accord
- Average price: $23,041
- Good/great deal percentage: 37.9%
- User rating: 3.5 / 5
- Total listings: 235
- 2023 Toyota Camry
- Average price: $25,804
- Good/great deal percentage: 40.3%
- User rating: 4.86 / 5
- Total listings: 367
- 2023 Nissan Altima
- Average price: $20,339
- Good/great deal percentage: 56.1%
- User rating: 5 / 5
- Total listings: 278
This analysis is based on CarGurus' proprietary market data from October 19, 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 Chicago, IL
The 2023 Chevrolet Malibu offers a range of trims that balance affordability and features, all with efficient FWD performance.
- Starting at $14,554
- 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 | $14,554 | $16,842 | $16,600 | $14,773 | $20,496 |
| Positioning | Best value | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Heated seats | Bluetooth, Backup camera, Navigation system | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Multi-zone climate control | Backup camera, Navigation system, Leather seats |
| Drivetrain | FWD | FWD | FWD | FWD | FWD |
| Listings Available | 80 | 166 | 84 | 208 | 57 |
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 option for budget-conscious buyers | Widest selection with standard features | Solid choice with added style | Most popular trim with great features | Fully loaded for luxury seekers |
| Avg. Market Price | $14,554 | $16,842 | $16,600 | $14,773 | $20,496 |
| 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 |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ |
| Android Auto | ✓ | ✓ | ✓ | ✓ | ✓ |
| CarPlay | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | — | ✓ | ✓ | ✓ |
| Multi Zone Climate Control | — | — | — | ✓ | — |
| Leather Seats | — | — | — | — | ✓ |
| Active Listings | 80 | 166 | 84 | 208 | 57 |
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 the most budget-friendly option.
- Avg. market price: $14,554 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 80 listings
- View LS Fleet FWD listings
LS FWD — "Who It's For"
The LS FWD is the pick for shoppers who want a standard set of features without stepping up to higher trims. It offers the widest selection in the lineup.
- Avg. market price: $16,842 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 166 listings — widest selection in the lineup
- View LS FWD listings
RS FWD — "Who It's For"
The RS FWD is the pick for shoppers who want a stylish option without a significant price increase. It balances features and affordability well.
- Avg. market price: $16,600 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 84 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 features and value without going fully loaded. It's the most popular trim in the lineup.
- Avg. market price: $14,773 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 208 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 experience with luxury features. It's the most premium option available.
- Avg. market price: $20,496 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 57 listings
- View LT with 2LT FWD listings
Trim Recommendations
Most Popular — LT with 1LT FWD
With 208 active listings, the LT with 1LT FWD is the clear volume leader in the lineup.
Browse LT with 1LT FWD listings
Best Budget Option — LS Fleet FWD
At $14,554 avg market price — below the lineup median of $16,600 — 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/MPGe.
These recommendations are based on CarGurus' proprietary market data from October 22, 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: Chicago, IL Market Report
Pricing in Nearby Cities
Market Area: Chicago, IL
Key Insights
- Highest-Price Market: The Lafayette, IN market shows an average price of $17,167, indicating a premium compared to surrounding areas.
- Best Value: The Milwaukee, WI market offers the lowest average price at $14,450, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Kenosha, WI leads with 498 listings, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Kenosha, WI | 498 | $15,041 |
| Kalamazoo, MI | 460 | $15,982 |
| South Bend, IN | 451 | $16,774 |
| Holland, MI | 447 | $16,336 |
| Lafayette, IN | 444 | $17,167 |
| Milwaukee, WI | 443 | $14,450 |
| Janesville, WI | 414 | $15,689 |
| Rockford, IL | 411 | $15,678 |
| Palatine, IL | 282 | $15,456 |
| Aurora, IL | 270 | $15,696 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The LT with 1LT FWD trim has the highest inventory with 211 listings, indicating strong demand for this configuration.
- Premium Spread: The LT with 2LT FWD trim has the highest MSRP at $31,500, reflecting a premium for additional features.
- 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 | 211 | $28,100 | FWD | 1.5L 160 hp I4 |
| LS FWD | 162 | $25,000 | FWD | 1.5L 160 hp I4 |
| LS Fleet FWD | 83 | $24,700 | FWD | 1.5L 160 hp I4 |
| RS FWD | 83 | $26,000 | FWD | 1.5L 160 hp I4 |
| LT with 2LT FWD | 55 | $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 $20,364, indicating a 17.6% depreciation from MSRP.
- Depreciation Curve: The 2014 model year exhibits the steepest depreciation at -69.7%, highlighting significant value loss over time.
- Best Value Sweet Spot: The 2020 model year averages $13,125, representing a 40.6% depreciation, making it a potentially attractive option for buyers seeking value.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2025 | $24,700 | $20,364 | -17.6% |
| 2024 | $24,700 | $18,169 | -26.4% |
| 2023 | $24,700 | $15,372 | -37.8% |
| 2022 | $23,400 | $14,132 | -39.6% |
| 2021 | $22,270 | $12,349 | -44.5% |
| 2020 | $22,095 | $13,125 | -40.6% |
| 2019 | $22,090 | $12,025 | -45.6% |
| 2018 | $21,680 | $11,580 | -46.6% |
| 2017 | $21,680 | $9,872 | -54.5% |
| 2016 | $21,625 | $10,238 | -52.7% |
| 2015 | $22,465 | $7,969 | -64.5% |
| 2014 | $22,340 | $6,780 | -69.7% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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 | $16,572 |
| Year-Round Low | $16,572 |
| Year-Round High | $17,966 |
| Average Price a Year Ago | $17,970 |
| Change vs. Last Year | −7.78% |
Prices have softened 7.78% compared to this time last year, making it a favorable time to shop this model year.
There are 7,056 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 owner 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 means it makes the most sense if you want a practical family sedan that prioritizes space, ease of use, and value over flash or performance. 31.5% 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 benefits from later-generation improvements in refinement and reliability, and the overview describes it as a proven formula with a long-running reputation for being easy to live with. It was also a carry-over model, which usually helps keep the ownership experience familiar and predictable. For used buyers, that suggests lower drama over time 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 79.6% — always verify the vehicle history report.
You should start with a history report to confirm accident status, title status, and service records before you commit. Then prioritize a pre-purchase inspection, especially if the car has higher mileage or incomplete maintenance documentation. Focus your condition check on the cabin, infotainment operation, and overall mechanical smoothness so you can separate a clean, well-kept Malibu from one that has simply been priced attractively.
Is now a good time to buy a used 2023 Chevrolet Malibu?
This looks like a moderate, selective buyer’s market, so you can shop patiently but should move quickly on the best-priced examples.
- Deal availability: 31.5% of listings are priced as good or great deals.
- Inventory: There are 7,056 listings available.
- Price trend: Prices have softened 7.78% compared with last year.
- Clean inventory: 79.6% of listings are accident-free.
If you find a listing below $16,572, 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 $16,572 sits slightly below last year's $17,970.
That price movement suggests the Malibu has become more affordable in the used market, which can help you buy at a lower entry point today. For a future seller, the softer pricing means resale gains may be limited unless your car is especially clean, well maintained, and attractively equipped. If you buy carefully now, you can reduce the risk of overpaying and improve your odds of holding value better than the average 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:
- 31.5% of listings are priced as good or great deals.
- Accident-free inventory is solid at 79.6% — always verify the vehicle history report.
- Price trend: Prices have softened 7.78% 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 owner satisfaction and a healthy used-car supply. If your priority is simply the lowest possible price, a nearby model year may be worth comparing, but the 2023 is the better all-around choice when you want a balanced mix of value, availability, and confidence.
How does the 2023 Chevrolet Malibu compare to the 2023 Honda Accord?
| Spec | 2023 Chevrolet Malibu | 2023 Honda Accord |
|---|---|---|
| Starting MSRP | $24,700 | $27,295 |
| Engine | 1.5L 160 hp I4 | 1.5L 192 hp I4 |
| Horsepower | 160 hp @ 5700 rpm | 192 hp @ 6000 rpm |
| MPG/MPGe (city) | 27 | 29 |
| MPG/MPGe (highway) | 35 | 37 |
| Average used price | $16,572 | $23,903 |
| Listings available | 7,056 | 4,604 |
| Good & great deal share | 31.5% | 31.6% |
| Accident-free share | 79.6% | 81.6% |
These recommendations are based on CarGurus' proprietary market data from October 21, 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.
