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Chevrolet Malibu Prices Paid and Buying Experience

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  • i went to test drive a 2006 malibu at the GM dealer. It's a demo car with 4500 miles on it.
    The dealer even asked for 19.5k plus tax and fees.
    What I offered is 17k OTD but the sales refused to sell because according to him, they lost money for that price.
    What do you guys think? Is it worthwhile to buy a demo car?
  • paopao Posts: 1,867
    I have no problem with a demo car assuming the full warranty remains in place....as for the price....we are3 months from the end of the 07 model year and they soon will have a 2 model year old car on their hands......guess its how much longer they want to pay interest on a demo car.....I thinkt he price is more than reasonable if not a little high to be honest
  • It's a base model with 31000 miles. I paid the dealer $9800. After a Carfax and taxes and title and financing at my bank (9.5%), this car cost me about $11000. I'm thinking about buying an extended warranty from WarrantyDirect for $1200. If any of you kind folks have ANY thoughts about this, the car, the price and/or the warranty, please reply. Thanks! :confuse:
  • paopao Posts: 1,867
    read the fine print on the extended warranty...see who has to authorize repairs..do you pay up front and get reimbursed..and who will honor the warranty locally for you you......also...9.5% seems to be a high interest rate.....was that a result of your credit rating..did you shop around....did the dealer offer financing?
  • gonogogonogo Posts: 871
    Purchase only a GM warranty, most others won't cover just gaskets. Such as intake manifold gasket leaks.
  • I bought an '06 Malibu Maxx in November wih 30K for $13,500.00 out the door. Because it was a "Certified" Used Car, I also got the GM 3.9% financing. Pape Chevy in S. Portland, Maine was easy to do business with. Overall, I like the car. It has a dorky/ cool thing going on. At first I thought I was the only guy in town with a silver Maxx only to see three in down town Portland in early January. The car must have been built on a Tuesday, Wednesday or Thursday- everything is buttoned down. The car is free of rattles and drives nice. Sometimes I feel like I have to apologize for owning a Chevy, but increasingly, it's looking like smart money
  • hawleyrwhawleyrw Posts: 2
    Hello all -

    I'm a new owner of a used 06 Malibu LS. ~28000 miles. Clean, fairly low miles, great shape, runs perfect. Picked it up from a non-GM dealer for 12,500. In looking (Carfax), unit was a prior rental, which I figured with the mileage.

    Question for the experts - was an LS with the 3.5L V6 engine ever a standard config? That's what this one has. From what I'm seeing it's an LS - everything else is base (no power seats, no heated seats, standard CD radio (no RDS)), except for the engine.

    Also - one other question - I see no radio antenna - I'm assuming it's built in somewhere? Just curious.

    Thanks!
  • malexbumalexbu Posts: 169
    See that "net" inside the glass behind the rear-view mirror? That's the antenna, IIRC.
  • csandstecsandste Posts: 1,866
    I have an 05 LS, roughly equal to an 06 LT. I think, however, that all Maxxes come with a V-6. The four is only on the four doors.
  • The antenna for radio is located at the top of the rear window,above the the rear window defroster grid.The net behind the rear view mirror is to prevent the bright sunlight from interfearing with your view of the mirror while driving on a sunny day. This is for the sedan. The maxx has an external mast antenna mounted on right rear quarter panel :)
  • malexbumalexbu Posts: 169
    Oops!... Thank you for correcting me -- I need to look at the rear window again. Where could I have gotten my idea of the net?... Sorry for misleading...
  • gonogogonogo Posts: 871
    That window antenna also has a amplifier.
  • nextstarnextstar Posts: 1
    I Want to get a Malibu 07 2LT. However, the dealer's quote is much higher than the others posted in this forum. Can anybody share some experience about usually how much you can cut off from sticker price or from dealer's quote?
    Many thanks.
  • csandstecsandste Posts: 1,866
    There's altogether too many Chevy dealers, plus this is a soon to be discontinued car. I've never come anywhere close to Edmunds price in any of my negotiations-- always been able to do much, much better.

    Keep looking and don't be afraid to walk away and go to the next Chevy dealer down the road.
  • jes1955jes1955 Posts: 8
    A dealer near me has 8 leftover Malibu Maxx LT's 2006 models. All have an MSRP of 21,400. I would think that the dealer would want to sell. What would be a reasonable price with current incentives? I appreciate any thoughts. I am not a good negotiator.

    Thanks.
  • csandstecsandste Posts: 1,866
    If the 06 LT is roughly like the 05 LS...

    In early 05 I bought an 05 LS for $16,000. I believe the list price was a bit over $22K. Given the fact that there were bigger markups and discounts back then, but realizing that your car is one year old, that there's a bunch of them on the lot and that the car is going to be discontinued (but without checking Edmunds price)... I'd estimate something less than fifteen.

    This would represent the same dollar discount I got on a new car that wasn't going to be discontinued, so I'd think that would offset the changes in pricing made in 06.

    Does this sound right to the rest of you?

    BTW-- Just bought my wife an 07 Optima with leather for $16.1. Even though I'm a bit ticked at GM for a recent $800 steering column replacement, and even though the Optima has better workmanship, styling and handling. I gotta say that the 'Bu Maxx is more comfortable, gets about the same mileage with a six as the Optima four and IMHO (not hers) is the better all around deal, especially with the flexibility of the hatch. The Maxx is wearing very very well. I enjoy it more now than I did when it was new. This assessment might change if I have to put in another steering column or if the steering rack craps out.
  • Just got a no-haggle-so-far quote on a new '07 Maxx LT, MSRP $21225, for $17,622 w/ GM SmartBuy, $17,900 w/o. Silver on Ebony cloth, only options are spoiler and rear wiper.

    Interestingly, I also had a quote for an '06 LT(listed through GM's website as new, but I was told by the dealer it was a program vehicle with 6000 miles) w/ seat heaters, spoiler and rear wiper, and a urethane wheel in lieu of a leather one, for $16900.

    The 07 comes standard with some items the 06 doesn't, including side airbags, alloy wheels (06 has wheel covers), and leather wheel w/ audio controls, as well as a 100,000 mile powertrain warrenty.

    At first I thought the $16900 was a pretty decent deal but after reading the forums here and getting the quote for the '07, I'm thinking otherwise.
    Thoughts?
  • jes1955jes1955 Posts: 8
    The dealer still has 7 leftover 2006 models. I stopped in today. The best deal they gave me was $18,418. MSRP is $21415. I don't think this is a great deal on a year old car. I can do better on an '07 elsewhere.
  • csandstecsandste Posts: 1,866
    Sounds outrageous. It's a model year later (with smaller discounts) but why are they giving you three grand off on an almost two year old (discontinued) car and I got six grand off on the same model year and a base model Maxx? No wonder they have six left. Maybe the dealer is waiting for them to appreciate.

    Is this through the Internet manager? What happens when you use Edmunds to ping three local dealers?
  • jfritschjfritsch Posts: 958
    If you look up a 06 malibu ls on edmunds or kbb.com used, add the airbags and some other standard stuff in 07, you get a wholesale price of about 11200. Shoot for about 15-20% above 1yr wholesale for a new one. This holds for about 95% of production vehicles. This would put us in the 13000 range for a new 07 (17800msrp).

    My jaw drops when kbb has a $24000 Maxx dropping to about $12000 wholesale in a year. You either want about 9-10000 off MSRP or need to consider something else.

    Good luck
    --jjf
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