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Chevrolet Malibu Prices Paid and Buying Experience

719 messages, Last post on Sep 03, 2009 at 9:18 AM
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| I paid $1800 for a 60/90 majorguard warranty. The only reason I got it is that according to Consumers Union, the Malibu has developed major electrical problems after the first three years. They do not say __what__ the problems are, but given that electrics can be expensive to replace (I used to work for that GM division and know it is true!), the warranty seemed a worthwhile safeguard. | |
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| I feel a little better knowing that what I paid is in the same ballpark. It's tough trying to compare the old Malibu with the new since so much of the car is totally redesigned. I know buying a new model in the first year is chancy, but I did fine with my '02 Liberty, and I'm sure that this will be no different. | |
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| I am glad you purchased the GM Protection Plan. I normally do when I purchase a car that is still under the 3/36 factory warranty. The price of this extended warranty varies widely between dealers -any GM dealer can sell you one -and it can be sold anytime during the time that the car is under the factory 3/36. I have never purchased this warranty at the same time that I purchased the car and have priced it at a number of dealers. The price varies by hundreds of dollars. One thing that always struck me as odd. When you purchase a certified Cadillac as I did recently the car comes with a 6 year 100k 0 deductible warranty (starting back when the car was first put into service). If you get a current year or year old one it is a great deal. When you purchase another certified GM used car you get a lousy 3 month 3,000 mile "extended" warranty. There is no comparison. | |
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Today I went to a dealer looking at a Maxx LT. They only had ones with all the options, MSRP $27945. While running numbers to "get me in the car today," they came back with $25400, and that was after the $1K rebate (notice, not the $1750 rebate that Chevy is offering). This was the price before freight, taxes, etc. I only got the price after the salesperson went to his sales manager twice, he came and spoke to us twice, and I stated four times that this was more car than I was looking for, anyway. They kept running finance options, increasing the term to 72 months to try to get my monthly payment at a reasonable level to get me in the car. They offered $1500 on my trade-in, which Edmunds valued at $2900. My trade is a Pontiac, and I have read on this board that there is a GM loyalty incentive, too. I feel I was lucky to get out of there with my Pontiac at all. I was sold on a Maxx until this experience today. Was this a fluke? Should I find another dealer, or expect this everywhere? |
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| I bought a LT MAXX with the 1SB option. Sticker was $25,630. Dealer price $21,588. less the certificate valued at $500 the GM card sent to add to the $1950. credit I had coming with the card earnings. My net cost was $19138 plus a $20. document fee. I was not trading a vehicle and was not financing. I looked at a number of different makes and styles and decided this would be my "running" around town car. | |
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| Either the huge discounts on these redesigned cars are because GM wants to get them out on the street or because they just aren't selling. Look at the Honda Pilot and Odyssey when they first came out - you either paid MSRP (or more than MSRP) or walked. A friend wanted a loaded Camry last year and went ballistic because he was afraid that the lousy $1,000 rebate might expire before he could get the car. He drove 200 miles to find one. The big city dealers especially in Southern California are discounting the Camry though. New ones are $17,900 in Albuquerque, NM. and the base Camry 4 is pretty well equipped. No wonder GM is having problems with the Malibu. | |
| I know the malibusare selling a a better pace then the 2003 Malibus. Of course that is not saying much. You have to remember that buying public has gotten used to having rebates and discounts attached cars esp. the domestics. For the past 3 years they ave been flooding the market with them to move their cars. So while $1750 rebate may sound big, it's much smaller then what GM has been advertising over the past 2 years. I believe th goal is to ween people off rebates. Although I doubt that will happen any time soon. People are not read to pay full MSRP for a Chevy, no matter what GM believes. | |
| Yes, I have mentioned that before-here in Los Angeles you can get a Camry LE for $16,800.00 all day long. The "one only" Malibus I have seen in the paper are slightly more than that. So-the automotive press has pretty much said this Malibu is a good effort. It's a MUCH BETTER car than the model before. But they have also said that it is not up to Camry and Accord standards. And this isn't saying anything about it's love or hate it styling. I was looking at the new Malibu today, while I would consider buying one, I really do not care for the front of the car. The car does look better in the lighter colors, IMO. So whats the deal with GM trying to charge a higher price? | |
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| I will probably get a Solara - Malibu just looks like a normal rental car -nothing to write home about, but I'll get a Solara 4. The Toyota Camry/Solara 6, unlike the Malibu 6 requires premium fuel and gas milage on the highway is 29 instead of 33. People who compare Camry and Malibu should take the premium fuel requirement into consideration with the price of gas nowadays. | |
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