How fast does the Chevrolet Malibu depreciate?
Average depreciation
8.8%per year
The newest Chevrolet Malibu (2024) has a fair price of about $21,519. Older model years retain progressively less of that value.
Value retention by model year
| Model year | Age (yrs) | Fair price | Retention |
|---|---|---|---|
| 2024 | 2 | $21,519 | 100% |
| 2023 | 3 | $19,479 | 91% |
| 2022 | 4 | $17,626 | 82% |
| 2021 | 5 | $16,733 | 78% |
| 2020 | 6 | $15,203 | 71% |
| 2019 | 7 | $13,697 | 64% |
| 2018 | 8 | $12,389 | 58% |
| 2017 | 9 | $11,296 | 52% |
| 2016 | 10 | $10,183 | 47% |
This is a cross-sectional estimate: it compares the mileage-adjusted market prices of different model years today, not the resale history of a single car. Actual depreciation depends on mileage, condition, trim, and market shifts.
12-year depreciation forecast
Projected resale value and typical accumulated mileage for the Chevrolet Malibu by vehicle age. Rows marked Market are backed by current listings; Projected rows extrapolate the 8.8%-per-year rate.
| Age (yrs) | Model year | Est. miles | Resale value | Retention | Basis |
|---|---|---|---|---|---|
| 2 | 2024 | 24,000 | $21,519 | 100% | Market |
| 3 | 2023 | 36,000 | $19,479 | 91% | Market |
| 4 | 2022 | 48,000 | $17,626 | 82% | Market |
| 5 | 2021 | 60,000 | $16,733 | 78% | Market |
| 6 | 2020 | 72,000 | $15,203 | 71% | Market |
| 7 | 2019 | 84,000 | $13,697 | 64% | Market |
| 8 | 2018 | 96,000 | $12,389 | 58% | Market |
| 9 | 2017 | 108,000 | $11,296 | 52% | Market |
| 10 | 2016 | 120,000 | $10,183 | 47% | Market |
| 11 | 2015 | 132,000 | $9,384 | 44% | Projected |
| 12 | 2014 | 144,000 | $8,557 | 40% | Projected |
| 13 | 2013 | 156,000 | $7,804 | 36% | Projected |
Mileage assumes ~12,000 mi/yr. Projected values use the fitted depreciation rate and are floored at 15% of the newest year's value; they are estimates, not guarantees.
Frequently asked questions
How fast does the Chevrolet Malibu depreciate?
About 8.8% per year, based on a comparison of mileage-adjusted market prices across model years.
What is a Chevrolet Malibu worth after 10 years?
A 2016 Chevrolet Malibu is worth roughly $10,183 — about 47% of the newest year's fair price.
What will a Chevrolet Malibu be worth at 13 years old?
Projecting the 8.8%-per-year rate forward, a 13-year-old Chevrolet Malibu (around 156,000 miles) would be worth about $7,804 — roughly 36% of the newest year's value. A projection, not a guarantee.
Cross-sectional depreciation estimate from live market listings, adjusted for mileage · updated 6/25/2026. Estimates only; your car's value depends on condition, options, and location.