2024 Chevrolet Malibu

About this Chevrolet Malibu

This 2024 Chevrolet Malibu LT is listed at $12,500 with 19,567 miles on the odometer. Powertrain: 1.5L Inline-4 Gas Turbocharged, Automatic, FWD. EPA-estimated fuel economy is 27 city / 35 highway MPG. Finished in Mosaic Black Metallic, this Sedan is well suited to daily driving and longer trips. Available at Apple Auto Sale in DALLAS, TX. Contact the dealer directly through Carlify to schedule a test drive or request more photos. Looking at other gas options? Use the related links below to compare similar listings on Carlify.

The MSRP for a new 2024 Malibu 1LT is around $29,195 according to Kelley Blue Books trim listing. Kbb.comEdmunds estimates a 2024 Malibu 1LTs market value (before discounts) around $27,292. EdmundsUsed listings for 2024 Malibu 1LTs with varying mileage tend to show prices more in the $17,000$22,000 range (depending on condition, location, features). Cars.com+2Beckley Automall+2Given all that, $12,500 is far below what would normally be expected for a 2024 Malibu 1LT with under ~20,000 miles, even accounting for depreciation and market conditions.Is $12,500 plausible / red flagsYes, but with major caveats. Some possible explanations or risks:The car could have major damage (accident, flood, frame damage, etc.).It might have mechanical issues (engine, transmission problems).It could be a salvage title or have a branded title (e.g. rebuilt).It might have liens, unpaid loans, or other legal encumbrances.The seller may not understand the real market value (underpricing).It might lack important options or features, or cosmetically be in poor shape.So, unless there is a strong justification, $12,500 is suspiciously low.What to check / verify if you consider buyingHeres a checklist:Vehicle history report (Carfax, AutoCheck) check for accidents, title issues, etc.Title status clean title vs salvage / rebuilt vs flood.Mechanical inspection have a trusted mechanic inspect engine, transmission, frame, etc.Mileage verification confirm the odometer is accurate.Photos & condition details interior, exterior, any rust, etc.Market comparables nearby see what similar 2024 1LTs in your area are selling for.Test drive check for noises, handling, leaks, etc.

Inspection summary

Inspection scores are estimates based on title status, accident history, and frame condition. Schedule a third-party inspection before purchase.