How much is Chevrolet Malibu depreciation?

Answered by

Ronald Johnson
Ronald JohnsonLicensed Agent

Posted on Jan 16, 2023

1. Chevrolet Malibu depreciation can vary depending on the year, make, and model of the car.

2. Generally, Malibus depreciate at a rate of around 10-15% each year.

3. This means that a brand new Malibu will lose around $1,000-1,500 in value each year.

4. However, depreciation rates can vary depending on the overall condition of the car, as well as local market conditions.

5. So it's important to consult with a reliable automotive specialist to get an accurate estimate of Chevrolet Malibu depreciation.

People are also asking

  • What is the cheapest Chevy SUV?

    There is no definitive answer to this question since Chevrolet offers a variety of different SUVs, each with its own price point. That said, the most affordable Chevy SUV is probably the Trax, which starts at around $20,000. Other cost-effective options include the Equinox and the Traverse, both of

    Read more
  • Is the Chevy Equinox a full size SUV?

    The Chevy Equinox is not a full size SUV. It is classified as a midsize SUV.

    Read more
  • What SUV compares to the Chevy Traverse?

    There is no one-size-fits-all answer to this question, as the best SUV for you will depend on your individual needs and preferences. That said, some popular SUVs that compare to the Chevy Traverse are the Ford Explorer, the Honda Pilot, and the Nissan Pathfinder. Each of these SUVs has its own stren

    Read more