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Chevrolet Malibu Prices Paid and Buying Experience

720 messages,  Last post on Dec 04, 2009 at 6:22 AM

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What is this discussion about? Chevrolet Malibu, Chevrolet Malibu Maxx, Hatchback, Sedan, Wagon


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#492 of 720
Re: Wake Up! [thegraduate] by beach15
Mar 05, 2008 (7:45 pm)
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Replying to: thegraduate (Mar 05, 2008 4:22 pm)

I notice things like that immediately...and think our '08 Malibu 2LT 4-cyl feels like a tank. All without that cheap or drab interior feel of many competitors, an extremely refined and silent drive, etc.
 
The sales pretty much show off the car, and how great it is. As reviews have said, the last gen had the platform...but it was never showcased properly. It was, for all intensive purposes, a perfect Enterprise kind of a car. Actually, having an '07 for a month, that was a huge factor in us getting the '08...I enjoyed that car, and never expected it, and at the same time the all new '08s which were being raved about were just coming out.
 
It's a fantastic car, and still nothing gets the comments, questions, stares, etc. our Gray/Titanium 2LT does, and then is still even more astounding to ride and drive in. We've owned a variety of vehicles from various classes, and it has them all beat so far for the overall "package".
 
DON'T compare it to the last gen (aside from substance and quality, it's now a stunner and will NOT be fleeted in those numbers), the Impala (which is a bigger V6-only car, but the king of rental and fleet sales, on an ancient platform, is cramped inside despite the size, etc.), or various others. Compare it to the class standards, and see what you think.
#493 of 720
Re: Wake Up! [beach15] by thegraduate
Mar 05, 2008 (9:04 pm)
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Replying to: beach15 (Mar 05, 2008 7:45 pm)

I drive on of the class standards (although it is a 2006 model and has been updated with a new model I don't like nearly as much), and while the Malibu seems like a great car, I haven't spent enough time with it to make a sound decision. The door handle thing was a very bad first impression to me.
 
First and foremost, GM needs to get rid of 4-speeds in the 4-cyl cars.
 
Thanks for the post. May I ask...
 
Is your 2LT a V6?
What did you pay for yours?
 
This is a prices paid forum, after all.
 
Thanks again!
#494 of 720
Re: Wake Up! [thegraduate] by beach15
Mar 08, 2008 (5:04 pm)
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Replying to: thegraduate (Mar 05, 2008 9:04 pm)

Ours is a 2LT 4-cyl WITH that "terrible and old" (right...) 4-speed, and we even love that fact. I knew going in all about the 3.6L (we were going to buy a Saturn Outlook and then Buick Enclave before), the 6-speed, and also that the 6-speed would be a late intro for the 4-cyl. Didn't matter, because after driving a 2.4L one as it was, I thought it was fantastic. I could see where 2 extra cogs could help keep revs down further at some times, but right now, it's a great combo. One issue with the 6-speed as paired with the 3.6L has been a generally lazy feel, with very slow downshifts and sometimes odd shifts in general, so it will be interesting to see how it is set up with the 4-cyl. It will be on lots soon as they just started ordering LTZ's with the combo for the last part of the '08 model year, and I hope to try one. As fantastic of an engine as it is, the V6 sucks more gas, is more expensive, heavier, etc. and while great, almost has too much grunt to be fully used in this car. To us (and especially me), overkill in this car.
 
As for price, I've actually posted it before, and will again.
 
Car: 2LT 4-cyl with Body Side Moldings, Premium Mat Package, and Power Sunroof
MSRP: $23,770
Invoice (with ad fee): $22,830
Our price ($200 over invoice): $23,030
 
Would have been even less had it been from a dealer such as where we bought it without ad fees, but was a dealer swap in, we wanted it NOW, and the dealer, salesperson, and great pricing were all fantastic. So the discount seems small, but I know the salesperson and we freely printed out and looked at all the invoices of cars we found on the system, and that's just how it was. $200 over invoice without trying was fine by me, especially considering there was only 1 other one on the lot at the time and we went through 2 straight weeks of requesting swaps with other dealers, getting turned down or ignored (hot car=they don't want to), until finally this one came available.
 
It was for my mother, and she loves it, and I finally had the chance to take it out for a longer drive on my own today, and am still enamored. Exterior and interior are stunning, the overall solidity and finish is awesome (this car really feels like a tomb purring down the road), the seats and body space are terrific, and most of all, the 2.4L drivetrain combined with this extremely solid and silent car is incredible. You'd be hard pressed to tell it's 4-cyl by sound, or even a V6, and it just pulls away very energetically and silently.
 
I've had a chance to drive and play with many of the competitors and none match the total package or even remotely the emotional grab of this car. No, it isn't perfect, but it's an extremely well done car throughout. So, in the coming months, I very much hope to buy myself another identical one, probably an '09 with the 6-speed and Bluetooth, etc. I'll buy any brand, any model without preference, and this car still gets me.
#495 of 720
Malibu Pricing by jfritsch
Mar 08, 2008 (8:41 pm)
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The new malibu 08 is a significant improvement over the old one. But it will continue (like the impala) to be a mainstay of the rental fleets like it has for years. The market is continually flooded with used rental cars, enhancing their depreciation.
 
A 22000 base ls impala barely wholesales for 13000 in a year, and the old model 18000 malibu wholesaled for about 11000 or so after year one. This has been the case for years. The new 08's are likely to behave similarly.
 
Given the base 21600 Accord LX sedan is advertised for about 18500, I would be hesitant to pay more than 16000 or so for the 20000 base malibu, given its (and the impala's) history. For any of the 25000 models, I would want significantly more off.
 
--jjf
#496 of 720
Re: Malibu Pricing [jfritsch] by jlease
Mar 11, 2008 (5:32 am)
Reply

Replying to: jfritsch (Mar 08, 2008 8:41 pm)

My dad bought a 2008 Malibu toward the end of 2007 and I tried to convince him to lease it (27 month or 39 month SmartLease Plus) over the same concerns that you point out about potential fleet use.
 
I have leased my vehicles since early 1990's when Ford, GM and others began being aggressive on leasing for individuals. Now this drives my vehicle selection based on the most aggressive deals.
 
The Malibu lease carries a 3.15% rate and a 62% residual on 27 months and 50% on 39 months (15K miles per year). This compares to basically no incentives on the purchase.
 
By leasing, you can mitigate the risks of fleet sales or retail incentives that might impact your wholesale/tradein values 2-3 years from now when you go to turn the car in.
 
I believe there are too many risks in buying new unless you have a 5-6+ year hold strategy. I like to change into new vehicles every 2-3 years and leasing nevers leaves me upside down.
#497 of 720
fleets by vanman1
Mar 11, 2008 (4:25 pm)
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GM has really cut fleet sales back a lot. You will not see piles of Malibus at rental lots like the last one.
#498 of 720
Re: Wake Up! [thegraduate] by aftika
Mar 12, 2008 (5:54 pm)
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Replying to: thegraduate (Mar 02, 2008 10:55 am)

I just purchased the 2008 Malibu LS. I paid $17600. Smooth ride and peppy for a four cylinder. It is incredibly quiet.
#499 of 720
Re: Wake Up! [aftika] by mazda6dude
Mar 12, 2008 (7:34 pm)
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Replying to: aftika (Mar 12, 2008 5:54 pm)

Does this price include tax, license and fees? Also, if you don't mind, what dealership is this? Nice purchase.
#500 of 720
Re: Wake Up! $17,600? [aftika] by bwia
Mar 13, 2008 (3:08 am)
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Replying to: aftika (Mar 12, 2008 5:54 pm)

Was this brand new or was it a demonstrator? Wow, that is a phenomenal price, sort of makes me feel like we were raped. We paid $19,610 (MSRP $20,225) in Boston for the LS but we added after-market leather for an additional $1,300.
Good luck with your ride. Nice car only positive comments from all who've seen the car. It's like a driving bill board for GM.
#501 of 720
2008 Malibu LS by gary11112
Mar 13, 2008 (1:30 pm)
Reply
MSRP - Base, Floor Mats, and Dest - $20075
 
Paid - $18997
 
Bought in Frisco, TX
 
Personally, I'd prefer a prostate exam over the new car buying experience. This was no exception.

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