Used 2023 Chevrolet Malibu for Sale nearSilver Spring, MD
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:
- Dark Ash Metallic
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 94,277
- Stock #:
- 26247
- VIN:
- 1G1ZB5ST5PF127512


Sponsored by Premier Auto Imports - Waldorf
2023 Chevrolet Malibu
LS FWD
94,277 mi
$13,595
- 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:
- 56,403
- Stock #:
- BC1001
- VIN:
- 1G1ZD5ST1RF143557

Sponsored Listing
2024 Chevrolet Malibu
LT with 1LT FWD
56,403 mi
$18,000
- 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
- Transmission:
- Automatic
- Mileage:
- 51,158
- Stock #:
- 00P30633
- VIN:
- 1G1ZE5ST1RF165104

-$460
Sponsored Listing
2024 Chevrolet Malibu
LT with 2LT FWD
51,158 mi
$18,950
$18,490
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 38,115
- Stock #:
- F172965
- VIN:
- 1G1ZD5ST7RF172965

-$1,582
2024 Chevrolet Malibu
LT with 1LT FWD
38,115 mi
$20,794
$19,212
- 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:
- 63,135
- Stock #:
- C1990N
- VIN:
- 1G1ZD5ST4PF237798

-$500
2023 Chevrolet Malibu
LT with 1LT FWD
63,135 mi
$17,297
$16,797
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 53,149
- Stock #:
- RV8169P
- VIN:
- 1G1ZD5STXRF106426

-$947
2024 Chevrolet Malibu
LT with 1LT FWD
53,149 mi
$18,298
$17,351
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 58,090
- Stock #:
- RC162440
- VIN:
- 1G1ZD5ST9RF162440

2024 Chevrolet Malibu
LT with 1LT FWD
58,090 mi
$19,158
- 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:
- 50,901
- Stock #:
- HP9827
- VIN:
- 1G1ZD5ST0RF224985

2024 Chevrolet Malibu
LT with 1LT FWD
50,901 mi
$17,795
- 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
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 61,346
- Stock #:
- R3539
- VIN:
- 1G1ZD5ST6PF241075

-$500
2023 Chevrolet Malibu
LT with 1LT FWD
61,346 mi
$16,500
$16,000
- Year:
- 2023
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Brown (TAN)
- Combined gas mileage:
- 31 MPG
- Fuel type:
- Gasoline
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 57,282
- Stock #:
- T15466
- VIN:
- 1G1ZD5ST3PF228462

2023 Chevrolet Malibu
LT with 1LT FWD
57,282 mi
$17,425
- Year:
- 2022
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 160 hp 1.5L I4
- Exterior color:
- Silver Ice Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 106,000
- Stock #:
- NF124229
- VIN:
- 1G1ZD5ST7NF124229

2022 Chevrolet Malibu
LT FWD
106,000 mi
$12,599
- 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:
- 56,294
- Stock #:
- BC0999
- VIN:
- 1G1ZD5ST5RF130732

2024 Chevrolet Malibu
LT with 1LT FWD
56,294 mi
$17,000
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Jet Black
- Transmission:
- Automatic
- Mileage:
- 54,800
- Stock #:
- RV8176P
- VIN:
- 1G1ZD5ST2RF144572

2024 Chevrolet Malibu
LT with 1LT FWD
54,800 mi
$17,603
CarGurus Analysis:
2023 Chevrolet Malibu
With 186 currently listed for sale and an average price of $16,391, 40.3% 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.
95.7% 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:
- Jet Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 38,528
- Stock #:
- OP202224
- VIN:
- 1G1ZB5ST7NF202224

2022 Chevrolet Malibu
LS FWD
38,528 mi
$17,300
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 63,595
- Stock #:
- 1638
- VIN:
- 1G1ZD5ST8RF223213

2024 Chevrolet Malibu
LT with 1LT FWD
63,595 mi
$18,289
- 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:
- 46,986
- Stock #:
- 3P193355
- VIN:
- 1G1ZE5ST1RF193355

2024 Chevrolet Malibu
LT with 2LT FWD
46,986 mi
$19,795
- Year:
- 2024
- Make:
- Chevrolet
- Model:
- Malibu
- Body type:
- Sedan
- Doors:
- 4 doors
- Drivetrain:
- Front-Wheel Drive
- Engine:
- 163 hp 1.5L I4
- Exterior color:
- Mosaic Black Metallic
- Combined gas mileage:
- 32 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Continuously Variable Transmission
- Mileage:
- 56,871
- Stock #:
- RF127878
- VIN:
- 1G1ZD5ST7RF127878

2024 Chevrolet Malibu
LT with 1LT FWD
56,871 mi
$17,719
- 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:
- 55,075
- Stock #:
- T185728P
- VIN:
- 1G1ZD5ST3RF185728

2024 Chevrolet Malibu
LT with 1LT FWD
55,075 mi
$18,433
- 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:
- 26,250
- Stock #:
- PF250183
- VIN:
- 1G1ZG5ST0PF250183

2023 Chevrolet Malibu
RS FWD
26,250 mi
$19,428
- 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:
- 46,337
- Stock #:
- F166146
- VIN:
- 1G1ZD5ST7RF166146

2024 Chevrolet Malibu
LT with 1LT FWD
46,337 mi
$18,939
- 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:
- 54,037
- Stock #:
- T213327
- VIN:
- 1G1ZB5ST9RF213327

-$400
2024 Chevrolet Malibu
LS FWD
54,037 mi
$16,300
$15,900
- 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:
- 67,496
- Stock #:
- TRF1897790
- VIN:
- 1G1ZD5ST7RF187790

-$1,801
2024 Chevrolet Malibu
LT with 1LT FWD
67,496 mi
$17,799
$16,798
- 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:
- 54,546
- Stock #:
- E1W0346
- VIN:
- 1G1ZD5ST4RF226898

Sponsored Listing
2024 Chevrolet Malibu
LT with 1LT FWD
54,546 mi
$15,744
CarGurus Analysis: 2023 Chevrolet Malibu

Summary
With 186 currently listed for sale and an average price of $16,391, 40.3% 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.
95.7% 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. In this generation, Chevrolet gave the Malibu a sleeker shape and a larger, more open-feeling back seat, while also making the car more sophisticated than the one it replaced. It is also notable for offering a broad mix of powertrains and trims over the years, along with a useful set of technology and safety features that helped keep it competitive.
For 2023, the Malibu was more or less a carry-over from 2022. That means it retained the generation’s standard 1.5-liter turbocharged four-cylinder engine with 163 horsepower and 184 pound-feet of torque, paired with a six-speed automatic transmission, and it continued to return 30 mpg combined. The car also kept its seven-inch screen with Apple CarPlay and Android Auto, while the available eight-inch screen remained part of the upper-trim setup. Chevrolet had already added Wireless Apple CarPlay and Android Auto connectivity in 2021, and active safety features such as automatic emergency braking with pedestrian detection and forward collision warnings were made standard in 2022.
What makes the 2023 Malibu appealing is the combination of space, straightforward features, and relatively strong reliability for this generation. It is described as a good deal and a larger car than many rivals, and late-model examples may still be covered by the manufacturer’s three-year/36,000-mile warranty. The main tradeoff is that it is not as refined as some competitors, and reviewers found the standard engine’s acceleration lackluster. Even so, for buyers who want a practical sedan with a comfortable cabin and a solid ownership record, the 2023 Malibu has a clear, uncomplicated appeal.
Other model years to consider
- 2025 Chevrolet Malibu
- Average price: $19,728
- Good/great deal percentage: 23.9%
- Total listings: 364
- 2019 Chevrolet Malibu
- Average price: $12,253
- Good/great deal percentage: 22.5%
- User rating: 5 / 5
- Total listings: 160
- 2022 Chevrolet Malibu
- Average price: $15,776
- Good/great deal percentage: 29.1%
- User rating: 4.6 / 5
- Total listings: 268
Similar models to consider
- 2023 Honda Accord
- Average price: $23,906
- Good/great deal percentage: 41.0%
- User rating: 3.5 / 5
- Total listings: 329
- 2023 Toyota Camry
- Average price: $24,261
- Good/great deal percentage: 49.8%
- User rating: 4.86 / 5
- Total listings: 233
- 2023 Nissan Altima
- Average price: $20,228
- Good/great deal percentage: 49.7%
- User rating: 5 / 5
- Total listings: 350
This analysis is based on CarGurus' proprietary market data from October 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.
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 Silver Spring, MD
The 2023 Chevrolet Malibu offers a range of trims that balance affordability and features, with excellent fuel efficiency across the lineup.
- Starting at $16,312
- 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 | $16,511 | $16,397 | $18,629 | $16,312 | $19,448 |
| Positioning | Best value | Standard | Standard | Standard | Fully loaded |
| Standout Features | Bluetooth, Backup Camera | Heated Seats, Navigation | Remote Start, Parking Sensors | Multi Zone Climate Control, Sunroof/Moonroof | Leather Seats, Remote Start |
| Drivetrain | FWD | FWD | FWD | FWD | FWD |
| Listings Available | 71 | 96 | 62 | 404 | 52 |
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 features at a low price | Stylish with added tech features | Most popular choice with great features | Fully loaded for luxury seekers |
| Avg. Market Price | $16,511 | $16,397 | $18,629 | $16,312 | $19,448 |
| 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 | 71 | 96 | 62 | 404 | 52 |
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 best value option in the lineup.
- Avg. market price: $16,511 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 71 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 with modern tech without breaking the bank. It offers a solid mix of features.
- Avg. market price: $16,397 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 96 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 added tech features without stepping up to a higher price point.
- Avg. market price: $18,629 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 62 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-equipped sedan with popular features at an accessible price. It's the most popular trim in the lineup.
- Avg. market price: $16,312 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 404 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 without going for a premium brand.
- Avg. market price: $19,448 (updated weekly)
- MPG/MPGe: 27 city / 35 hwy
- Inventory: 52 listings
- View LT with 2LT FWD listings
Trim Recommendations
Most Popular — LT with 1LT FWD
With 404 active listings, the LT with 1LT FWD is the clear volume leader in the lineup.
Browse LT with 1LT FWD listings
Best Budget Option — LT with 1LT FWD
At $16,312 avg market price — below the lineup median of $16,511 — it's the most accessible entry point.
Browse LT with 1LT 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/MPGe.
These recommendations are based on CarGurus' proprietary market data from October 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.
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: Silver Spring, MD Market Report
Pricing in Nearby Cities
Market Area: Silver Spring, MD
Key Insights
- Highest-Price Market: Hagerstown, MD leads with an average price of $18,227, indicating a premium market for the Malibu.
- Best Value: Fredericksburg, VA offers the lowest average price at $15,557, presenting a strong value opportunity for buyers.
- Inventory Drives Stability: Newark, DE has the most listings at 517, suggesting a robust supply that may stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Newark, DE | 517 | $16,507 |
| Baltimore, MD | 501 | $16,709 |
| Fredericksburg, VA | 500 | $15,557 |
| Manassas, VA | 494 | $15,969 |
| Hanover, PA | 483 | $16,656 |
| Winchester, VA | 453 | $16,895 |
| Dover, DE | 437 | $16,918 |
| Hagerstown, MD | 430 | $18,227 |
| Lancaster, PA | 422 | $16,494 |
| Washington, DC | 183 | $16,565 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The LT with 1LT FWD trim has the highest inventory with 411 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 are FWD, which may simplify buyer choices but also limits drivetrain diversity in the market.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| LT with 1LT FWD | 411 | $28,100 | FWD | 1.5L 160 hp I4 |
| LS FWD | 98 | $25,000 | FWD | 1.5L 160 hp I4 |
| LS Fleet FWD | 64 | $24,700 | FWD | 1.5L 160 hp I4 |
| RS FWD | 63 | $26,000 | FWD | 1.5L 160 hp I4 |
| LT with 2LT FWD | 59 | $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 $19,746, indicating a 20.1% depreciation.
- Depreciation Curve: The 2015 model year shows the steepest depreciation at -66.9%, highlighting significant value loss over time.
- Best Value Sweet Spot: The 2020 model year averages $13,230, representing a 40.1% 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 | $19,746 | -20.1% |
| 2024 | $24,700 | $18,192 | -26.3% |
| 2023 | $24,700 | $16,377 | -33.7% |
| 2022 | $23,400 | $15,871 | -32.2% |
| 2021 | $22,270 | $13,918 | -37.5% |
| 2020 | $22,095 | $13,230 | -40.1% |
| 2019 | $22,090 | $11,897 | -46.1% |
| 2018 | $21,680 | $14,255 | -34.2% |
| 2017 | $21,680 | $11,117 | -48.7% |
| 2016 | $21,625 | $9,621 | -55.5% |
| 2015 | $22,465 | $7,438 | -66.9% |
| 2014 | $22,340 | $8,781 | -60.7% |
These recommendations are based on CarGurus' proprietary market data from September 30, 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 | $16,796 |
| Year-Round Low | $16,796 |
| Year-Round High | $18,264 |
| Average Price a Year Ago | $18,262 |
| Change vs. Last Year | −8.03% |
Prices have softened 8.03% compared to this time last year, making it a favorable time to shop this model year.
There are 7,389 listings available, which gives you a solid pool of options to compare.
Is the 2023 Chevrolet Malibu a good car?
Yes — the 5/5 user rating points to strong owner satisfaction, and the 2023 Malibu’s appeal comes from its roomy, value-oriented midsize-sedan layout, easy-to-live-with cabin, and practical mix of technology and safety features. It is a straightforward choice if you want a comfortable daily driver with a larger, more open-feeling back seat and a reputation for being uncomplicated to own. The market also shows 33.8% of listings 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 having a relatively strong reliability record for this generation, and it benefits from a simple, carry-over setup that kept the model familiar and easy to live with. Its standard equipment and established powertrain make it a sensible used-car pick if you want something predictable rather than experimental. For used buyers, the main long-term ownership risk is less about complexity and more about finding a well-kept example that has been maintained consistently.
What should I look for when buying a used 2023 Chevrolet Malibu?
Accident-free inventory is solid at 80.6% — always verify the vehicle history report.
You should prioritize a history report first, then focus on a pre-purchase inspection that checks the car’s overall condition, maintenance consistency, and signs of prior damage or poor repair work. Because the Malibu is a practical, value-focused sedan, condition matters a lot: a clean, well-maintained example is more likely to deliver the easy ownership experience you want. Pay extra attention to how the cabin, electronics, and drivetrain feel during a test drive so you can spot any signs of neglect.
Is now a good time to buy a used 2023 Chevrolet Malibu?
This is a moderate market, so you can be selective without expecting a deep bargain on every listing.
- Deal availability: 33.8% of listings are priced as good or great deals.
- Inventory: There are 7,389 listings available.
- Price trend: Prices have softened 8.03% compared with last year.
- Clean inventory: 80.6% of listings are accident-free.
If you find a listing below $16,796, 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 $16,796 sits slightly below last year's $18,262.
That softer pricing suggests the Malibu is currently in a buyer-friendly phase, which can help you if you are shopping now but may limit upside if you plan to resell soon. For a future seller, the key takeaway is that a lower entry price today can make the car easier to move later if you keep it in strong condition and maintain it well. The model’s practical reputation should help sustain interest, but resale will still depend heavily on mileage, condition, and service history.
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:
- 33.8% of listings are priced as good or great deals.
- Accident-free inventory is solid at 80.6% — always verify the vehicle history report.
- Price trend: Prices have softened 8.03% 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 practical, roomy midsize sedan with a strong owner satisfaction signal and a market that still offers some deal opportunities. If you are especially price-sensitive, you may want to compare nearby model years and focus on the lowest-priced clean examples, but the 2023 is a sensible primary target when you want a straightforward used sedan with broad appeal.
These recommendations are based on CarGurus' proprietary market data from September 29, 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.
