Depreciation
The depreciation graph and accompanying table on our page detail how the 2021 CHEVROLET MALIBU's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2021 CHEVROLET MALIBU in 2021 was $27,395.
The average price for used 2021 CHEVROLET MALIBU nowadays in 2024 is $18,900 which is 69% from the original price.
Estimated mileage driven per year is 10,681 miles.
The graph below is a depreciation curve for 2021 CHEVROLET MALIBU. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2021 CHEVROLET MALIBU in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2021 MSRP | 0 mi | $27,395 | — | — | 100% | 0% |
| 2021 | 10,681 mi | $23,646 | +$3,749 | +13.68% | 86.32% | 13.68% |
| 2022 | 21,362 mi | $21,998 | +$1,648 | +6.97% | 80.3% | 19.7% |
| 2023 | 32,043 mi | $19,888 | +$2,110 | +9.59% | 72.6% | 27.4% |
| 2024 | 42,724 mi | $18,900 | +$988 | +4.97% | 68.99% | 31.01% |
| 2025 | 53,405 mi | $17,423 | +$1,477 | +7.81% | 63.6% | 36.4% |
| 2026 | 64,086 mi | $16,850 | +$573 | +3.29% | 61.51% | 38.49% |
| 2027 | 74,767 mi | $15,495 | +$1,355 | +8.04% | 56.56% | 43.44% |
| 2028 | 85,448 mi | $14,345 | +$1,150 | +7.42% | 52.36% | 47.64% |
| 2029 | 96,129 mi | $12,945 | +$1,400 | +9.76% | 47.25% | 52.75% |
| 2030 | 106,810 mi | $10,900 | +$2,045 | +15.8% | 39.79% | 60.21% |
| 2031 | 117,491 mi | $9,905 | +$995 | +9.13% | 36.16% | 63.84% |
| 2032 | 128,172 mi | $8,992 | +$913 | +9.22% | 32.82% | 67.18% |
| 2033 | 138,853 mi | $7,495 | +$1,497 | +16.65% | 27.36% | 72.64% |
| 2034 | 149,534 mi | $6,986 | +$509 | +6.79% | 25.5% | 74.5% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the CHEVROLET MALIBU’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2021 CHEVROLET MALIBU. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2021 CHEVROLET MALIBU by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $21,909 | 58 sales |
| 10,000 mi | $20,997 | 80 sales |
| 15,000 mi | $20,988 | 141 sales |
| 20,000 mi | $20,900 | 185 sales |
| 25,000 mi | $20,441 | 201 sales |
| 30,000 mi | $19,999 | 204 sales |
| 35,000 mi | $19,995 | 220 sales |
| 40,000 mi | $19,816 | 176 sales |
| 45,000 mi | $19,318 | 193 sales |
| 50,000 mi | $19,710 | 174 sales |
| 55,000 mi | $18,500 | 256 sales |
| 60,000 mi | $18,000 | 699 sales |
| 65,000 mi | $18,000 | 638 sales |
| 70,000 mi | $17,930 | 356 sales |
| 75,000 mi | $17,690 | 167 sales |
| 80,000 mi | $17,998 | 105 sales |
| 85,000 mi | $17,908 | 83 sales |
| 90,000 mi | $17,674 | 71 sales |
| 95,000 mi | $16,895 | 45 sales |
| 100,000 mi | $15,934 | 30 sales |
| 105,000 mi | $14,977 | 22 sales |
| 110,000 mi | $15,157 | 10 sales |
Frequently asked questions
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Technology plays a significant role in the depreciation of vehicles, as models with outdated tech depreciate faster due to lower consumer demand for older features.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Depreciation directly affects the resale value of a 2021 CHEVROLET MALIBU, with faster depreciating vehicles typically having lower resale values over time.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The depreciation rate can be influenced by factors such as the vehicle's condition, mileage, market demand, and the pace of technological advancements in newer models.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Other years of CHEVROLET MALIBU
2000 CHEVROLET MALIBU
$4,900 average used price
1,300+ sales records
2007 CHEVROLET MALIBU
$4,999 average used price
5,700+ sales records
2012 CHEVROLET MALIBU
$7,495 average used price
39,600+ sales records
2016 CHEVROLET MALIBU
$12,945 average used price
129,300+ sales records
2019 CHEVROLET MALIBU
$16,850 average used price
81,700+ sales records
2020 CHEVROLET MALIBU
$17,423 average used price
128,700+ sales records
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