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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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Replying to: thegraduate (Mar 05, 2008 4:22 pm) 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.
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Replying to: beach15 (Mar 05, 2008 7:45 pm) 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!
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Replying to: thegraduate (Mar 05, 2008 9:04 pm) 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. |
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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
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Replying to: jfritsch (Mar 08, 2008 8:41 pm) 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. |
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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. | |
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Replying to: thegraduate (Mar 02, 2008 10:55 am)
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Replying to: aftika (Mar 12, 2008 5:54 pm) |
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Replying to: aftika (Mar 12, 2008 5:54 pm) 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. |
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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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