Used 2023 Chevrolet Malibu for Sale nearPortland, OR

Compare 2023 Chevrolet Malibu Trims in Portland, OR

The 2023 Chevrolet Malibu offers a range of trims that balance affordability and features, all with impressive fuel efficiency.

• Starting at $16,456
• Best MPG/MPGe: 27 city / 35 hwy
• Most Popular: LT with 1LT FWD

Trim Overview

Prices updated weekly from CarGurus listings.

Quick Compare Table

Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.

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 in the lineup.

• Avg. market price: $16,456 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 48 listings
• View LS Fleet FWD listings

LS FWD — "Who It's For"

The LS FWD is the pick for shoppers who want a solid set of features without stepping up to pricier trims. It offers a good balance of value and amenities.

• Avg. market price: $16,456 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 39 listings
• View LS FWD listings

RS FWD — "Who It's For"

The RS FWD is the pick for shoppers who want a stylish option with added features without going fully loaded. It strikes a nice balance between cost and style.

• Avg. market price: $16,456 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 30 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 well-rounded vehicle with a wide selection of features. It's the most popular trim in the lineup.

• Avg. market price: $16,456 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 166 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 offers the most amenities in the Malibu lineup.

• Avg. market price: $16,456 (updated weekly)
• MPG/MPGe: 27 city / 35 hwy
• Inventory: 15 listings — lower availability; may limit negotiating room
• View LT with 2LT FWD listings

Trim Recommendations

Most Popular — LT with 1LT FWD

With 166 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 $16,456 avg market price — below the lineup median of $16,456 — it's the most accessible entry point.

Browse LS Fleet FWD listings

Best for Fuel Economy — LS Fleet FWD

The LS Fleet FWD offers the best fuel efficiency in the lineup with 27/35 MPG.

Browse LS Fleet FWD listings

These recommendations are based on CarGurus' proprietary market data from October 8, 2026, CarGurus experts' opinions, and generative AI.

How much does the 2023 Chevrolet Malibu cost?

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.