How much does the 2024 Chevrolet Malibu cost?

Prices have softened 7.92% compared to this time last year, making it a favorable time to shop this model year.

There are 8,039 listings available, which suggests you should have a reasonable amount of inventory to compare.

If you find a listing below $18,934.99, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2024 Chevrolet Malibu a good car?

Generally — the 2024 Chevrolet Malibu earns a 4/5 user rating, which points to solid shopper satisfaction for this model year.

The overview describes it as a good-value midsize sedan with a roomy cabin and easy-to-use features, and it also notes that the later Malibu years are the strongest from a reliability standpoint. That makes it a practical fit if you want a straightforward sedan that emphasizes space and usability over flash.

With 27.6% of listings marked as good or great deals, you have a meaningful chance to find a competitively priced example if you shop carefully.

Is the 2024 Chevrolet Malibu reliable?

Owners rate it 4/5, a solid signal of long-term satisfaction.

The overview says the Malibu’s later years are the strongest from a reliability standpoint, which is encouraging if you want a used sedan with a more reassuring ownership profile. It also frames the 2024 model as a carry-over, so you should expect a familiar package rather than a fresh redesign with unknowns.

For used buyers, that means long-term ownership risk looks more manageable than it does for many older or more heavily reworked sedans, especially if you focus on well-kept examples.

What should I look for when buying a used 2024 Chevrolet Malibu?

Accident-free inventory is solid at 84% — always verify the vehicle history report.

You should still run a history report on any car you’re serious about, even if the listing looks clean at first glance. Prioritize a pre-purchase inspection that checks the cabin, electronics, brakes, tires, and service records so you can confirm the car matches its asking price.

Because the Malibu’s appeal is tied to value and everyday usability, condition matters a lot: a tidy, well-maintained example is much easier to justify than one with cosmetic wear or incomplete maintenance history.

Is now a good time to buy a used 2024 Chevrolet Malibu?

This looks like a moderate, selective buyer’s market, so you can shop patiently and still find worthwhile opportunities.

• Deal availability: 27.6% of listings are priced as good or great deals.
• Inventory: There are 8,039 listings available.
• Price trend: Prices have softened 7.92% compared with last year.
• Clean inventory: 84.0% of listings are accident-free.

If you find a listing below $18,934.99, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2024 Chevrolet Malibu's resale value?

The current average of $19,188 sits slightly below last year's $20,838.

That price movement suggests the Malibu has softened enough to create a more approachable entry point for buyers, but it also means future sellers may need to stay realistic on pricing. If you buy well now, you may have less downside risk than someone who paid closer to the prior-year average.

The model’s value story still leans on its roomy cabin, easy-to-use features, and reputation as a practical sedan, which can help keep demand steady when you eventually resell. A clean, well-kept example should be easier to move than one with visible wear or a weak service history.

Vehicles with solid owner satisfaction ratings, like this model year's 4/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2024 Chevrolet Malibu or consider a different year?

If you're weighing the 2024 against nearby model years, here's how to think about it:

Choose the 2024 if:

• 27.6% of listings are priced as good or great deals.
• Accident-free inventory is solid at 84% — always verify the vehicle history report.
• Price trend: Prices have softened 7.92% compared with last year.
• Owners rate it 4/5 — a solid satisfaction signal.

The bottom line: The 2024 Malibu makes the most sense if you want the newest version of this final-generation sedan and you value a roomy, easy-to-live-with package at a softened market price. If you’re especially price-sensitive, a nearby model year may be worth considering, but the 2024 is the cleaner choice when you want the latest year with strong inventory and a reasonable chance of finding a deal.

These recommendations are based on CarGurus' proprietary market data from August 28, 2026, CarGurus experts' opinions, and generative AI.