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How much is a used Chevy Malibu?
My friend wants to sell me his used Chevy Malibu, but he refuses to give me a price. Instead, he wants me to shoot him an offer. I have no idea where to begin. How much does a used Chevy Malibu go for?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Naming your price without insulting the seller isn’t always easy and you don’t want to lowball your friend. But determining a fair price to pay for any used car is entirely on the shoulders of the buyer. On average, a used
Chevy Malibu
is worth $22,590, so that should give you a good starting point.However, several factors comprise the value of a used car that can alter the value:
- Model year
- Trim level
- Mechanical condition
- Cosmetic condition
- Options and additional equipment
So while $22,590 might be fair for a 2018 model, it’s not the same for a 2009 model. To determine a fair value, use an online vehicle valuation tool. Some of the most reputable are:
If you find that your friend’s Chevy Malibu is within your budget, remember that you also need to factor in the monthly or semi-annual price of
car insurance
. To get the best price, use the Jerry
app.Jerry is a licensed insurance broker and insurance comparison tool that collects quotes from over 50 top-rated insurers in minutes. After you find a great rate, Jerry can help you buy new insurance and cancel your old policy. Users save an average of $887 per year.
View full answer
- Gregory R.
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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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