The 2023 Chevy Malibu is offered as the eighth model year for the ninth-generation nameplate, introducing a variety of important changes and updates. Among those is a price increase.
MSRP for the 2023 Chevy Malibu has increased $1,300 for all trim levels and configurations carried over from the 2022 model year, including LS, RS, and LT. Meanwhile, the range-topping trim level in the 2023 Chevy Malibu lineup is the 2LT, which is essentially a repackaged version of the Premier trim level offered previously, as GM Authority covered previously. As far as pricing is concerned, the 2022 Chevy Malibu Premier is $2,000 more expensive than the new 2023 Chevy Malibu 2LT.
With all that in mind, the least-expensive 2023 Chevy Malibu on offer is the LS, priced at $25,795, including the destination freight charge (DFC). The most-expensive 2023 Chevy Malibu on offer is the 2LT, priced at $32,595, including DFC.
| Trim Level | 2023 MSRP + DFC |
|---|---|
| LS | $25,795 |
| RS | $26,795 |
| LT | $29,195 |
| 2LT | $32,595 |
Per exclusive GM Authority coverage posted earlier this month, all 2023 model-year Chevy vehicles, including the 2023 Chevy Malibu, are equipped with a three-year Remote Access plan as standard, with the exception of the Chevy Express. Normally offered for $24.99 per month, the addition of three years of Remote Access raises Chevy vehicle MSRP by $300 across the board.
As for the 2023 Chevy Malibu specifically, the latest 2023 model year also deletes the turbocharged 2.0L I4 LTG gasoline engine and GM 9-speed automatic transmission from the lineup. The 2.0L I4 LTG gasoline engine and GM 9-speed automatic were previously only available for the 2022 Chevy Malibu premier, but with the deletion of the Premier trim level, this configuration is no longer offered for the 2023 model year.
Instead, all 202 Chevy Malibu models now feature the turbocharged 1.5L I4 LFV gasoline engine and MRG continuously variable automatic transmission (CVT) as the exclusive engine and transmission on offer.
Under the skin, the 2023 Chevy Malibu rides on the GM E2 platform, while production takes place at the GM Fairfax plant in Kansas City.
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Comments
Come on guys. Stories like this are a little deceptive at best. Do a feature to feature comparison and you will see that most of the Malibu’s only went up a small amount or down in some cases. For some strange reason, I enjoy when the new model years cars come out and I like to go online and build different models. In some cases, it’s me just dreaming and in others I’m actually planning my next purchase/lease. I currently drive a 2021 Malibu LT and I’ve built the 2022’s and now yesterday the 2023’s. In real world pricing, the 2023’s seem to be up about $500 (not an exact measurement) except for the 2LT (Premier in 2022) which is down about $2,000. For that reduced price, you no longer get the 2.0 turbo, 9 speed auto and the sunroof. For me personally, I feel that is fantastic! I dislike sunroofs, I hate the 9 speed and find the 1.5L turbo with CVT to be perfectly fine. The icing on the cake for me is that the Bose sound is still standard on the 2LT and I don’t have to take a sunroof to get it.
So this is kind of like the articles where GM Authority got everyone worked up about the costs of the connected services (including me). However, if you go online and build a 2023 Buick or Cadillac, it’s close to the price of the 2022’s if you also build them. GM’s mistake with the pricing of the connected services was that they decided to put it on as an extra cost option without the customer’s choice. It should have been built into the base price of the vehicles with the price adjusted on the bottom line.
Ok, but the base price still went up $1300.
Ok Nate, but who buys the base models? You can’t find them and dealers won’t stock them. When the 2023’s have more standard features over the 2022 or that cost more on the 2022, you have to compare feature to feature when possible.
You’re a car salesman, right?
They raised the price of all the trim levels, and you’re acting like they didn’t because >>insert nonsense here<<
I actually don't really care that they raised the price. We've had massive inflation over the past year, and everything has gone up. This is expected.
But there isn't any reason to BS about it.
Please explain why you feel this is BS? Yes, I’m technically in the auto sales and have been for about 22 years in total.
So if GM/Chevy raised the Malibu prices by an average of $1,300 BUT they made optional equipment for 2022 standard on the higher base priced 2023 model, did they actually raise the price? If all they sold for 2021 and 2022 were base models with zero options, then yes they truly raised the prices. But nobody buys those. Dealers don’t stock them. So when Chevy makes optional features that the buyers were taking on 2021/2022 models as standard on 2023 models, the net price increase isn’t $1300. To get the same car, the customer will be paying around $500 more.
For What?
This is probably the last year or 2 of the current gen Malibu but I think it was a good generation. The Premier was a nice car, was probably one of my favorite sedans of the past 5 years. I guess most people are more interested in mpg instead of smiles per gallon and the 1.5T with CVT would suit most peoples’ needs. Inflation was huge this year at 6%, $30k*0.05=$1.5k, which is close to that $1.3k increase in price.
Although the 2.0T Premier with the 9speed would excite enthusiast more than the general buyer, I’m okay with GM catering to the masses. The more money they can make with vehicles for the masses, allows us enthusiasts to have things like the Camaro and Corvette.
No Malibu is giving “smiles per gallon” and no one buying a Malibu doesn’t care about MPG, that is high on their lists. The 2.0 excites no more than the 1.5 which excites 0 in any enthusiast.
Why? If a 2.0l turbo in a Honda Civic will make people talk as if it’s the greatest car on planet earth, why is a 2.0l turbo not good enough for you in a Chevy Malibu? I never understood this logic.
I was one of the lucky ones that bought a 2022 Malibu Premier. Yes I wanted a sunroof, a peppy 2.0T, dual exhaust outlets, and no start/stop. Just like Dan B. commented, I built a 2023 2LT to see what was changed or deleted. On the 2LT configurator I could not find the remote mirrors with turn indicator lights, dual exhaust, and chrome door handles. Has anyone else identified additional differences between the 2022 Premier and the new 2023 2LT trims?
Ray: All GM sites have changed the way the build is done. Personally, I find it more difficult to navigate the new sites. But if you play around for a while you can find the info you need. The problem is being able to compare directly to the 2022’s. From what I could see and find, the 2LT basically just dropped the 2.0, 9 speed and sunroof but added the connected services and I believe one of the safety features that was optional last year. But I could be wrong.
All I know is that I’m either ordering a 2023 Bolt EV (not EUV) in 2LT trim with the Bose speaker package or a 2023 Malibu 2LT with zero options. I just wish I could get the Malibu 2LT with the Bolt EV powertrain because I prefer a car (over a kind-of CUV) and I despise the black around the wheels/bottom. So if I order a Bolt, I will end up having the black trim painted.
Are they jacking up the prices of ICE vehicles to make EV’s seem more competitive?
So, you pay $32k for a out going midsize sedan than does not have the turbo 2.0L engine. Wow GM…
The only thing I complain about the Malibu is the rear seat comfort on long trips. My family -read Rear Passengers- end up hating it. This is for 4 individuals. Once you have someone riding for one hour in the “center” seat as a 5th passenger, is a torture. Could have made the foam more cushy.
Although the 5th center seat is available, for most cases it is never used. I cannot name any car where the 5th seat was designed for comfort.
What bizarre packaging this car has. The cheaper RS model has a leather wheel and shifter and visible dual exhaust outlets. When you move up to the costlier LT you get neither of those items and when you go to the costliest 2LT which starts at 32595 you don’t get the dual exhaust. That makes little to no sense. As for the price increases that is an awful high increase for basically the same car as last year. I predicted they would eliminate the 2.0T last year. Can’t have anything fun or go the extra mile at Gm anymore unless it involves those all important EV’s.
I’ve had one on order since March. As anyone else waited this long? The haven’t even set a production date yet.
Based on GMAuthority, 2023 Malibu production was to have started on September 7th. Lennon, when you say that you “had one on order since March”, you and your dealer must still be waiting for an Allocation. I ordered my 2022 Malibu Premier on January 21, 2021 and took delivery of a 2023 Malibu Premier on April 29, 2022. So I waited 15 months for my car.
Correction to my above comment: I meant to say I ordered a 2021 Malibu Premier and took delivery of a 2022 in April. Sorry for the confusion.
Please note that the new 2023 malibu rs now comes standard with the intellibeam, lane chane and remote access. The msrp went up $1300 but that covers the extras.