PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How much is Chevrolet Malibu depreciation?
I’m thinking about buying a Chevy Malibu, but I’m also comparing other four-door sedans. One of my biggest concerns revolves around depreciation—I don’t want to be left holding the bag after buying a new vehicle. How much do Chevy Malibus typically depreciate?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Chevrolet Malibu depreciation sits around 27% over five years, meaning that you’ll still have 73% of your original purchase price after a good amount of use. This isn’t the best in the industry, but it’s far better than many foreign cars or luxury vehicles.
However, you can always keep your resale value high and limit the damage of depreciation by:
- Keeping up to date on maintenance
- Making necessary repairs as they arise
- Upgrading or modernizing features
Alternatively, you can always look at used models or
certified pre-owned
models. The original owner takes the hit on depreciation, and you’re left with a great car at a cut-rate price.If you want to put even more money in your pocket, don’t forget to keep your
Chevrolet Malibu insurance costs
by shopping car insurance quotes on the Jerry
app.Jerry is a
trustworthy super app
and insurance comparison tool that collects quotes from over 55 top-rated insurers in just 45 seconds. After you find a great rate, Jerry can help you buy new car insurance
and cancel your old policy. Users save an average of $800+ per year.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
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.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies