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How much is a used 2007 Chevy Cobalt worth?

I’m trying to find an affordable first car for my daughter but I don’t want to spend too much on it because—well, I know how teenage drivers are. A guy at my church has a 2007 Chevy Cobalt he wants to sell and he told me to make him an offer. How much is a 2007 Chevy Cobalt worth?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Fortunately, the
Chevy Cobalt
may provide the bargain you’ve been searching for! On average, a used 2007 Chevy Cobalt is worth about $3,800.
Like any other used car, several conditions factor into the price of the car. If you get a chance, ask the seller about these aspects:
  • Mileage
  • Trim level (LS, LT, LTZ, or SS)
  • Optional equipment and features
  • Mechanical condition
  • Cosmetic condition
  • Engine type (2.2-liter four-cylinder, 2.4-liter four-cylinder, or 2.0-liter turbo-four)
  • If the car has been in an accident
With this information or with the VIN (vehicle identification number), you can get a fair value by using an online vehicle valuation website. Some of the most popular and accurate ones are:
  • AutoTrader
  • Edmunds
  • National Automobile Dealers Association (NADA)
  • TrueCar
Car insurance for
teens
is notoriously expensive. So if you’re not having any luck getting quotes from individual companies, let
Jerry
help. A licensed broker, Jerry partners with over 55 providers to bring you the most affordable rates, saving you an average of $800+ a year!
MORE: 7 things to look for when buying a used car
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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