The Chevy Malibu Earned a Spot on the List of the Top Used Cars. But Just Barely
The Malibu is the Bow Tie’s last gas-powered sedan after the Impala met its demise in 2020. Further, the model’s lengthy tenure means decades of used model years. However, the Chevy Malibu’s staying power doesn’t mean it outshined its closest competition in the used car market. Instead, the midsize Chevrolet sedan barely secured a spot on the list of the most popular used cars of last year.
The Chevy Malibu took the No. 20 spot among the 20 most popular used cars on the market
According to the latest data from iSeeCars, the Chevy Malibu came in dead last on the list of the 20 most popular used cars on the market. The study evaluated the percentage of one-to-five-year-old used car sales that each popular nameplate held in 2023.
| Sedan model | 2023 Popularity Rank | % of Used Car Sales (1-5 years) |
|---|---|---|
| Toyota Camry | 5 | 1.8% |
| Honda Civic | 6 | 1.7% |
| Toyota Corolla | 8 | 1.5% |
| Nissan Altima | 15 | 1.4% |
| Honda Accord | 16 | 1.3% |
| Chevy Malibu | 20 | 1.0% |
The Chevy Malibu rose from the No. 22 spot in 2022 to the bottom of the top 20 in 2023. Still, even with the rise in overall rankings, the Malibu dropped from 1.1% of five-year used car sales to 1.0% in 2023.
However, the two-spot improvement year-over-year puts the Malibu behind its closest sedan rivals. Unsurprisingly, the midsize Honda Accord and Toyota Camry outsold the Malibu in 2022 and 2023. However, the Toyota Camry proved the most popular midsize sedan in the used car segment. Specifically, the Camry took the No. 5 spot overall, with 1.8% of overall 2023 used car sales.
A 0.8% advantage over the Chevy Malibu doesn’t seem like much. That said, the Toyota Camry’s figure represents a 1.8% share of the overall used car market. It’s a sizable figure considering the hundreds of used car models from the last five years. What’s more, the Malibu’s days are numbered. 2024 is likely the last model year of the nameplate’s ninth generation.
However, Chevrolet is set to unveil a next-generation Malibu in 2025. GM Authority reports that Chevrolet will bring the nameplate back on a GM VSS-F platform variant. In the meantime, though, there are plenty of Malibus on the used market.
Source: iSeeCars, GM Authority
