Used 2023 Chevrolet Malibu for Sale nearPhoenix, AZ
Shop with transparent pricing.
Only show listings that include dealer fees- 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


Sponsored by Miracle Motors
2023 Chevrolet Malibu
LT with 1LT FWD
74,625 mi
$16,490
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 45,701
- Stock #:
- RRF217942
- VIN:
- 1G1ZE5ST6RF217942

Sponsored Listing
2024 Chevrolet Malibu
LT with 2LT FWD
45,701 mi
$20,196
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 250 hp 2L I4
- Exterior color:
- Gray
- Combined gas mileage:
- 27 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 9-Speed Automatic
- Mileage:
- 175,693
- Stock #:
- 153286
- VIN:
- 1G1ZE5SXXNF153286

-$2,000
Sponsored Listing
2022 Chevrolet Malibu
Premier FWD
175,693 mi
$11,499
$9,499
- 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:
- 31,102
- Stock #:
- W20281
- VIN:
- 1G1ZD5ST0PF175266

2023 Chevrolet Malibu
LT with 1LT FWD
31,102 mi
$18,598
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Blue
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 59,894
- Stock #:
- RF129008W
- VIN:
- 1G1ZD5ST8RF129008

2024 Chevrolet Malibu
LT with 1LT FWD
59,894 mi
$16,257
- 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:
- 64,581
- Stock #:
- P10257
- VIN:
- 1G1ZD5ST4RF197029

2024 Chevrolet Malibu
LT with 1LT FWD
64,581 mi
$16,199
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 59,297
- Stock #:
- SG8622
- VIN:
- 1G1ZD5STXPF243119

2023 Chevrolet Malibu
LT with 1LT FWD
59,297 mi
$15,598
- 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:
- Automatic
- Mileage:
- 59,979
- Stock #:
- SG8626
- VIN:
- 1G1ZD5ST4PF253127

2023 Chevrolet Malibu
LT with 1LT FWD
59,979 mi
$16,252
- 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:
- Automatic
- Mileage:
- 29,625
- Stock #:
- CSA7946
- VIN:
- 1G1ZC5ST7RF191065

2024 Chevrolet Malibu
LS Fleet FWD
29,625 mi
$19,569
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 75,529
- Stock #:
- RF170657T
- VIN:
- 1G1ZD5ST8RF170657

2024 Chevrolet Malibu
LT with 1LT FWD
75,529 mi
$17,091
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 29,113
- Stock #:
- P21386
- VIN:
- 1G1ZB5ST3NF170680

-$467
2022 Chevrolet Malibu
LS FWD
29,113 mi
$18,285
$17,818
- 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:
- Black
- Transmission:
- Automatic
- Mileage:
- 53,350
- Stock #:
- C46098
- VIN:
- 1G1ZD5ST6RF246098

2024 Chevrolet Malibu
LT with 1LT FWD
53,350 mi
$16,490
- 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:
- 89,803
- Stock #:
- MU1230
- VIN:
- 1G1ZD5ST3PF183782

2023 Chevrolet Malibu
LT with 1LT FWD
89,803 mi
$17,094
CarGurus Analysis:
2023 Chevrolet Malibu
With 318 currently listed for sale near Phoenix, AZ and an average price of $16,012.00, 19.8% of 2023 Chevrolet Malibus for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Chevrolet Malibu 5 / 5 stars.
90.6% of 2023 Malibu models on CarGurus are accident free.
- 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:
- Automatic
- Mileage:
- 51,703
- Stock #:
- RF228184
- VIN:
- 1G1ZC5ST4RF228184

-$746
2024 Chevrolet Malibu
LS Fleet FWD
51,703 mi
$18,686
$17,940
- 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:
- Automatic
- Mileage:
- 66,570
- Stock #:
- 260888A
- VIN:
- 1G1ZB5ST9PF247510

2023 Chevrolet Malibu
LS FWD
66,570 mi
$16,653
- 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:
- 27,894
- Stock #:
- MZ8947A
- VIN:
- 1G1ZB5ST5RF250195

2024 Chevrolet Malibu
LS FWD
27,894 mi
$18,993
- 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:
- 84,275
- Stock #:
- 159589
- VIN:
- 1G1ZC5ST6PF159589

2023 Chevrolet Malibu
LS Fleet FWD
84,275 mi
$15,204
- 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:
- 48,779
- Stock #:
- SAN13867
- VIN:
- 1G1ZD5ST0PF246868

-$2,599
2023 Chevrolet Malibu
LT with 1LT FWD
48,779 mi
$19,299
$17,399
- 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:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 48,556
- Stock #:
- PC00232
- VIN:
- 1G1ZC5ST1RF228725

2024 Chevrolet Malibu
LS Fleet FWD
48,556 mi
$18,220
- 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:
- 62,123
- Stock #:
- SAN13868
- VIN:
- 1G1ZD5ST1PF235202

-$2,599
2023 Chevrolet Malibu
LT with 1LT FWD
62,123 mi
$18,599
$16,699
- 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:
- 66,558
- Stock #:
- K267344A
- VIN:
- 1G1ZD5ST3PF196421

2023 Chevrolet Malibu
LT with 1LT FWD
66,558 mi
$15,499
- 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:
- 33,962
- Stock #:
- AH170907
- VIN:
- 1G1ZD5ST5RF170907

2024 Chevrolet Malibu
LT with 1LT FWD
33,962 mi
$18,486
- 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:
- Continuously Variable Transmission
- Mileage:
- 45,786
- Stock #:
- 111870
- VIN:
- 1G1ZE5ST9RF162760

-$1,361
Sponsored Listing
2024 Chevrolet Malibu
LT with 2LT FWD
45,786 mi
$21,837
$20,476
CarGurus Analysis: 2023 Chevrolet Malibu

Summary
With 318 currently listed for sale near Phoenix, AZ and an average price of $16,012.00, 19.8% of 2023 Chevrolet Malibus for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Chevrolet Malibu 5 / 5 stars.
90.6% of 2023 Malibu models 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 guide describes these later models as good family cruisers with better reliability than earlier Malibus. It also notes that the Malibu is generally cheaper than rivals like the Camry or Accord, which helps explain its appeal to buyers who want a practical sedan without paying top-tier prices.
For 2023, the Malibu was essentially a carry-over from 2022. That means its strengths were the familiar ones: a roomy cabin, intuitive infotainment, and a broad set of available safety and driver-assistance features. The standard engine was a 1.5-liter turbocharged four-cylinder with 163 horsepower and 184 pound-feet of torque, paired with a six-speed automatic transmission and rated at 30 mpg combined. The guide also says the Malibu’s 2023 and 2024 models were more or less carry-over years, so shoppers looking at this car should expect a straightforward, familiar package rather than a major redesign.
There are tradeoffs, though. The guide says most Malibu versions are dull drivers and some have drab interiors, and it also describes the car as less refined and cheaper-feeling than rivals from other brands. Even so, the 2023 Malibu remains appealing for buyers who prioritize space, simple features, and a lower used-car price over flash or sporty character.
Other model years to consider
- Average price: $12,523.00
- Good/great deal percentage: 14.8%
- User rating: 5 / 5
- Total listings: 88
- Average price: $19,159.00
- Good/great deal percentage: 22.9%
- Total listings: 188
- Average price: $15,013.00
- Good/great deal percentage: 17.2%
- User rating: 4.6 / 5
- Total listings: 198
This analysis is based on CarGurus' proprietary market data from September 1, 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 Phoenix, AZ
The Malibu offers a range of trims from budget-friendly options to well-equipped models, all featuring efficient FWD.
- Starting at $10,948
- 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 | $10,948 | $17,077 | $19,086 | $15,896 | $17,599 |
| Positioning | Best value | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera | Bluetooth, Backup Camera | Backup Camera, Bluetooth | Heated Seats, Backup Camera | Backup Camera, Navigation System |
| Drivetrain | FWD | FWD | FWD | FWD | FWD |
| Listings Available | 60 | 50 | 43 | 224 | 30 |
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 | Solid choice with standard features | Stylish option with chrome wheels | Most popular trim with great features | Fully loaded for luxury seekers |
| Avg. Market Price | $10,948 | $17,077 | $19,086 | $15,896 | $17,599 |
| 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 | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | ✓ | — |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | ✓ | ✓ |
| Remote Start | ✓ | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | ✓ | — | — | ✓ | ✓ |
| Multi Zone Climate Control | — | — | — | ✓ | ✓ |
| Leather Seats | — | — | — | — | ✓ |
| Active Listings | 60 | 50 | 43 | 224 | 30 |
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 a budget-friendly option without sacrificing essential features.
- Avg. market price: $10,948 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 60 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 going for the higher trims.
- Avg. market price: $17,077 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 50 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 a few extra features without a significant price jump.
- Avg. market price: $19,086 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 43 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 balance of features and affordability, making it the most popular choice.
- Avg. market price: $15,896 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 224 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 luxury features and advanced technology.
- Avg. market price: $17,599 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 30 listings
- View LT with 2LT FWD listings
Trim Recommendations
Most Popular — LT with 1LT FWD
With 224 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 $10,948 avg market price — below the lineup median of $17,077 — 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 September 2, 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: Phoenix, AZ Market Report
Pricing by Nearby Locations
Market Area: Phoenix, AZ
Key Insights
- Highest Prices in Flagstaff: The market in Flagstaff, AZ ($24,995) shows the highest average price, likely due to its limited inventory and higher demand for vehicles in mountainous regions.
- Lowest Prices in Casa Grande: Casa Grande ($15,119) offers the lowest average price, indicating a more price-sensitive market with potentially higher inventory turnover.
- Inventory Variation: Cities like Surprise (321 listings) and Apache Junction (322 listings) have substantial inventory, leading to competitive pricing around $15,877–$15,917.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Flagstaff, AZ | 237 | $24,995 |
| Kingman, AZ | 232 | $24,966 |
| Tucson, AZ | 209 | $15,823 |
| Apache Junction, AZ | 322 | $15,877 |
| Surprise, AZ | 321 | $15,917 |
| Casa Grande, AZ | 273 | $15,119 |
Pricing by Trim Packages
Key Insights
- Most Common Trim: The LT with 1LT FWD (224 listings) is the most prevalent trim, indicating strong demand for this configuration.
- Price Range Across Trims: The LT with 1LT FWD has an MSRP of $28,100, while the LS FWD is priced lower at $25,000, reflecting a competitive entry-level option.
- Feature-Rich Premium Trim: The LT with 2LT FWD ($31,500 MSRP) offers additional luxury features, appealing to buyers seeking more comfort and technology.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| LT with 1LT FWD | 224 | $28,100 | FWD | 1.5L 160 hp I4 |
| LS FWD | 51 | $25,000 | FWD | 1.5L 160 hp I4 |
| LS Fleet FWD | 61 | $24,700 | FWD | 1.5L 160 hp I4 |
| RS FWD | 41 | $26,000 | FWD | 1.5L 160 hp I4 |
| LT with 2LT FWD | 30 | $31,500 | FWD | 1.5L 160 hp I4 |
Pricing Analysis by Model Year
Key Insights
- Significant Depreciation: The 2019 Chevrolet Malibu shows a steep decline, priced at $12,935, which is −41.4% from its original MSRP, indicating rapid depreciation.
- Best Value Years: The 2022 model is priced at $15,020, reflecting a −35.0% depreciation, making it a strong value option for buyers looking for newer models without the new-car price.
- Newer Models Retain Value: The 2025 Chevrolet Malibu is currently priced at $19,045, which is −22.7% below its MSRP, suggesting a relatively stable demand for the latest model year.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2025 | $24,700 | $19,045 | -22.7% |
| 2024 | $24,700 | $17,457 | -29.5% |
| 2022 | $23,400 | $15,020 | -35.0% |
| 2021 | $22,270 | $13,883 | -37.7% |
| 2020 | $22,095 | $13,852 | -37.5% |
| 2019 | $22,090 | $12,935 | -41.4% |
| 2018 | $21,680 | $12,030 | -44.4% |
| 2017 | $21,680 | $11,577 | -46.6% |
| 2016 | $21,625 | $9,119 | -57.8% |
| 2015 | $22,465 | $9,104 | -59.6% |
| 2014 | $22,340 | $9,722 | -56.4% |
| 2013 | $22,155 | $8,191 | -63.0% |
These recommendations are based on CarGurus' proprietary market data from September 3, 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 | $17,034 |
| Year-Round Low | $16,826.78 |
| Year-Round High | $18,490.68 |
| Average Price a Year Ago | $18,491 |
| Change vs. Last Year | −7.88% |
Prices have softened 7.88% compared to this time last year, making it a favorable time to shop this model year.
There are 7,551 listings available, which gives you a solid pool of options to compare.
If you find a listing below $16,826.78, that's toward the low end of the year-round range and worth acting on quickly.
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.
The Malibu stands out as a roomy, value-oriented midsize sedan with a long-running reputation for being easy to live with. It is described as a practical family cruiser with better reliability than earlier Malibus, and it also benefits from a roomy cabin, intuitive infotainment, and a broad set of available safety and driver-assistance features.
For you, that means the Malibu makes the most sense if you want a straightforward sedan that prioritizes space, simplicity, and value over flash or sporty character. The market also shows 32.2% of listings as good or great deals, which supports its appeal for budget-conscious shoppers.
Is the 2023 Chevrolet Malibu reliable?
Owners rate it 5/5, a strong signal of long-term satisfaction.
The 2023 Malibu is described as part of the model’s later life cycle, with better reliability than earlier Malibus. It also carries the familiar carry-over formula, which can be reassuring if you want a sedan with a proven setup rather than a fresh redesign.
For used buyers, the main long-term ownership risk is less about novelty and more about finding one that has been maintained well, since condition and history will matter more than any major year-to-year change.
What should I look for when buying a used 2023 Chevrolet Malibu?
Accident-free inventory is solid at 81.5% — always verify the vehicle history report.
You should start with the history report so you can confirm accident status and spot any title or ownership issues before you get too far into the process. After that, prioritize a thorough inspection of the cabin, infotainment, and overall wear, since the Malibu is positioned as a practical daily driver and condition matters a lot in that role.
Focus on how the car presents as a whole: seat wear, interior cleanliness, and evidence of consistent maintenance can tell you a lot about how the previous owner treated it. If a listing looks especially clean and is priced well, it is worth moving quickly while keeping the inspection process disciplined.
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 while still acting quickly on the best-priced examples.
- Deal availability: 32.2% of listings are priced as good or great deals.
- Inventory: There are 7,551 listings available.
- Price trend: Prices have softened 7.88% compared with last year.
- Clean inventory: 81.5% of listings are accident-free.
If you find a listing below $16,826.78, 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 $17,034 sits slightly below last year's $18,491.
That price movement suggests the Malibu has become more affordable for used buyers, which can make it easier for you to attract interest if you later decide to sell. A softer market today can also mean you should be realistic about future resale expectations, especially if you buy near the current average rather than at the lower end of the range.
The Malibu’s value-oriented reputation helps it stay relevant with shoppers who want a roomy sedan at a lower price point than many rivals. 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:
- 32.2% of listings are priced as good or great deals.
- Accident-free inventory is solid at 81.5% — always verify the vehicle history report.
- Price trend: Prices have softened 7.88% 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 familiar features and a market that still offers meaningful deal potential. If you are especially price-sensitive, you can also keep an eye on nearby model years, but the 2023 gives you a strong mix of affordability, inventory depth, and shopper approval.
These recommendations are based on CarGurus' proprietary market data from September 4, 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.
