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How much is a used 2013 Chevy Malibu worth?

My son is getting his license and I want to buy him a car as a gift. A friend on my softball team is looking to offload his 2013 Chevy Malibu, but he wants me to make him an offer. I don’t know much about this particular model and I don’t want to insult him with a lowball offer—how much is a 2013 Chevy Malibu worth?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Buying your
teen
a car is just about the greatest thing you can do as a parent—at least in the eyes of your kid. If you don’t want to lowball your buddy, consider that a used 2013
Chevy Malibu
is worth around **$11,900.
Remember that $11,900 is just an average, so a fair price could be higher or lower. The only way to know for sure is to gather some details. Aspects that factor into the price of a used car are:
  • Mechanical condition
  • Cosmetic condition
  • If the car has been in an accident
  • Engine type (2.4-liter four-cylinder, 2.5-liter four-cylinder, or 2.0-liter turbo-four)
  • Trim level (Eco, LS, LT, or LTZ)
  • Optional equipment and features
  • Mileage
Alternatively, you could ask your teammate for the VIN (vehicle identification number)**and enter it into an **online vehicle valuation tool to get an accurate price. Some of the top-rated tools are:
  • Edmunds
  • National Automobile Dealers Association (NADA)
  • TrueCar
  • AutoTrader
Car insurance for teens is awfully expensive, but it doesn’t have to be if you know where to look. With the
Jerry
app, you can peruse affordable quotes from over 55 providers, pick the rate you like best, and save an average of $800+ a year on your car insurance.
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