Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Chevrolet Malibu Prices Paid and Buying Experience

1202123252638

Comments

  • legalseclegalsec Posts: 31
    A Chevy dealer in Lanham, MD has __7__ 2006 Malibu Maxx LTs and 2 2006 Malibu Maxx SSs, plus 1 2007 LT. The '06 LTs have listed invoices btw $20,600 and $23,358. I offered the internet guy $16,999 for one of the $23,358 LTs, and he got back to me saying that they'd sell it to me for $16,998.40 (after incentives I later found out) if I take delivery today.

    I told them I wanted GM's $3,000 cash back for a final price of $13,998.40, but the internet salesman said they were already losing money on his quote ($16,998.40). I don't believe that for a minute. I argued that they could do better since the '08s were about to roll out (we're negotiating an '06) and if GM is giving the customer $3000 cash back, GM would surely have the dealers covered as well. He didn't have a response, and we ended the call.

    Since $16,998.40 for a well-optioned '06 Maxx LT (front sunroof, convenience pkg, spoiler/rear wiper) came so easily, I believe that a serious buyer should haggle for a lower price. Hope this helps to add to this discussion... :)
  • jfritschjfritsch Posts: 958
    You may be able to get a maxx like that new in 07 for 16000-18000 so yeah, 14000 ish is about right for a new 06. (The fact they are there tells you something)

    --jjf
  • legalseclegalsec Posts: 31
    One has to wonder if a dealer would let a new 06 (with power sunroof, rear spoiler and wiper, etc.) go for $14,000 given that Edmunds' TMV for a similar used 06 with 30,000 miles is about $14,000. I contacted a few MD dealers with leftover 06s to investigate. Most have sold their leftovers, and they even quoted me sold prices (take it for what it's worth), e.g., "$18,000 out the door," and "it sold for $17-something."

    By the way, I took delivery of a navy 06 Malibu Maxx with 31,000 miles yesterday. It came w/ options like power sunroof, steering wheel cruise control and audio controls, rear spoiler and wiper and xm radio. It rides nicely, but in getting to know the vehicle, the DIC sounds complicated and the front center vent area is developing a rattle.

    I bought it from JBA Automotive in Glen Burnie, MD. Their prices are competitive, and they are willing to negotiate. Our salesman said they sell the most cars in MD but are still family-owned rather than owned by a corporation.

    Overall the experience was better than others I've heard about: fewer high-pressure sell tactics, upfront about internet pricing, personable sales staff and a more laid-back manager. This could be their modus operandi or it could be because we did our research and brought our competing car listings and Edmunds TMV with us.
  • stone25stone25 Posts: 2
    My local dealer (long island,NY) has a 06 maxx LT with side airbags. I Asked for 16K (include NY tax 8.6%)and got approved by dealer. Don't know if it is a goodbuy to get a almost 2 year old malibu. It's not a demo car-only 15 mileage on it. Would somebody give me some advice? 1st time to get a new car. Thank you all.
  • jfritschjfritsch Posts: 958
    I believe that this vehicle used with 16000 miles on it wholesales for about 12kish in the consumer books. This would put you at about 13k ish with very low miles. Somewhere in the 13-low 14's is an ok price for this car unused. The concept there are numerous 06 maxx's new out there at this date still for sale should tell you something.
    If you got a 6 percent or so interest rate with good credit, its a mediocre deal. As you know the car isn't going anywhere.

    If you absolutely need a hatch, Try looking at the 07 mazda6 5dr hatch special value edition. Even with the 4 cyl is peppy, is the only other hatch sedan I know of, is far sexier and with msrp of 22k may be able to get it for in the high 16s+tax. The 6 cyl may be $1500+ more.

    Good luck
    --jjf

    My local dealer (long island,NY) has a 06 maxx LT with side airbags. I Asked for 16K (include NY tax 8.6%)and got approved by dealer. Don't know if it is a goodbuy to get a almost 2 year old malibu. It's not a demo car-only 15 mileage on it. Would somebody give me some advice? 1st time to get a new car. Thank you all.
  • mjf6175mjf6175 Posts: 4
    Well I am also one of those looking for a deal on these leftover 06's. BUT I am looking for an SS Sedan (not the Maxx which seem to be still out there). The few 06 SS I have found all have an MSRP of 25,500-25,660 which makes them fully loaded. I contacted 4 dealers who are FAR apart from each other, yet they all came up with prices within $100-200 of each other, taking off 4800-5000 off list and that INCLUDES the current 3000 rebates. One dealer in Mass. called me back 3xs, including a Sunday morning trying to make the sale. He was also stuck at 5k off. I now have found one dealer who will take off a total of $5660, the MSRP is $25,660 and he is offering me the car at $20,000. Can not get him lower. Has anyone found better pricing out there?
  • A reporter with a large newspaper is hoping to talk to consumers who are looking to purchase a new midsize vehicle. Please reply to ctalati@edmunds.com no later than Thursday, October 18, 2007 with your daytime contact info. along with what car (or cars) you are considering purchasing.

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

  • paopao Posts: 1,867
    seems like they are quite ready to sell yet, surely they can do better considering the incentives.......Im getting 4k off an 08 CTS with no incentives at the moment....which takes it to about 500 over invoice.....
  • Pao....the 06 Malibu SS I was looking at had an MSRP of $25,660 and an invoice of $24,035. I confirmed the invoice on Edmunds as well as a copy of the invoice from the dealer, the numbers matched exactly. The offered bottom line price of $20,000 was over $4k BELOW invoice. The dealer first discounted the car from the MSRP of $25,660 to $24,000 (just below invoice). Then the $4k below invoice ($20k) was achieved by two rebates, a $3000 customer rebate. The other $1k was a dealer rebate (not customer)from GM and the dealer passed his rebate as well to me. In fact I decided to get the SS and even used my points (1,000, the max allowed on the SS) I have on the GM MasterCard. So I paid exactly $19,000 for it. A total of $6,660 off, a 26% discount. The CTS is a way higher priced car and has more "room" between the MSRP and the invoice, and obviously you can get a larger discount when going from the MSRP to invoice like you got. To get an idea of the discount take the same percentage off the CTS.
  • paopao Posts: 1,867
    appears you got a good deal then...but you also must consider its a two model year old car now...so the dealer would take any reasonable offer...somehow..I bet he still made a little money on the car...
  • Pao...I am sure he did, but I guess he is in business for a reason and only fair that some profit is made. I purposely looked for an 06 in order to get the biggest discount. The 07 only had 2k customer rebate available and no GM to dealer incentives. So that made a 2k difference between an 06 and an 07 assuming I could find a dealer selling an 07 at invoice which I didn't (most were 100-300 over invoice). The 07 SS is identical (may have side airbags). I plan on keeping it for around 5yrs so residual values of an 06 and 07 would be very close at that point. Condition/mileage of the car becomes more important than if it is 4 or 5yrs old when it comes time to trade or sell. I have had the car almost 2 months and the SS has more than meet my expectations and needs. Wish you luck in your purchase of the CTS and that you are just as happy with it.
  • paopao Posts: 1,867
    the CTS purchase will wait to early Feb, in the mean time still have my 04 LT Maxx, which will be around for a few more years...107K on it now....and will put another 1200 on it this weekend....VA to SC and back.....
  • WOW---104k miles. Do a bit of driving I guess. Up until a couple of years ago I was averaging anywhere from 30-40k a year too. Has your Malibu held up ok? Sounds like it has since you plan on keeping it longer. Now you will have something to look forwrd to come the spring with the STS.
  • paopao Posts: 1,867
    it is holding up find...just doing tires, brakes, oil and did the major maintenance at 95K.....so Im hoping it sees 150K as the second car.....it still rides great and gets 32-34 mpg on the highway....

    the 08 CTS will not see that kind of mileage....also have an 06 Pontiac Solstice in the garage as well with 30K on it
  • A reporter seeks to talk with intended owners of the 2008 Chevy Malibu who are also parents. If you are interested in commenting on your experience, please reply to jfallon@edmunds.com no later than Thursday, November 15, 2007 and include your city and state of residence as well as the age of your child/ren.

    Karen-Edmunds Community Manager

  • jaxs1jaxs1 Posts: 2,697
    Wow, this forum is slow. Over a month with now new posts and last posts referring to 2006 models.

    I can't find a website that lists discount prices for GM extended service contracts (or even suggested retail prices).
    What is the lowest price you can expect to find for a 6 year 100K mile $0 deductible contract with the fewest coverage exclusions?
  • jaxs1jaxs1 Posts: 2,697
    I see there are no lease posts about the 2008 Malibu here.
    Are the residuals so low that leasing a Malibu is pointless?
  • sgr5516sgr5516 Posts: 156
    I have purchased several GMPP extended warranties from gmoutlet.com. You can get the list and discounted prices online. Prices vary by year, make, model, current mileage, length of coverage and deductible amount. I always purchase 6 yr/90k/$0deductibe plan near the end of 12mo/12k miles as coverage begins when you purchase warranty, not on delivery date. Vehicle is then covered for about 7yr/102k miles.
  • paopao Posts: 1,867
    we too purchased a GMPP for our 06 Pontiac Solstice through them.....would highly recommend them.....we also bought at the end of the 12/12 period...for greater coverage...
  • I am in houston. This is my first new car. I really have no idea how much I should pay for it.

    2008 1LT Malibu. With Power Convenience Package only. The total MSRP is 20995.

    Can anyone tell me the price I shold pay for this car? Thank you all very much.
Sign In or Register to comment.