2011 Chevy Malibu Values & Cars for Sale | Kelley Blue Book (2023)

Chevy’s mid-size offerings, like most GM passenger cars, suffered corporate neglect in the 1990s and early 2000s as customers – and the company’s engineering attention and budget – increasingly shifted toward trucks and SUVs. What a difference a few years make. After surviving one of the worst crisis in automotive history, GM emerges from bankruptcy with a renewed emphasis on high-quality, fuel-efficient vehicles. Nowhere is this philosophy more evident than in the company’s most successful mid-size sedan, the Chevrolet Malibu. Now entering its third year of production, the Malibu has bolted from middle-of-the-road contender straight to the top of the mid-size sedan game. The 2011 Malibu looks wonderful, is solidly built and carefully crafted inside and out, offers good fuel economy, drives wonderfully and is priced to sell in serious volumes. If there is one weakness in the Malibu game plan, it is the lack of a proper hybrid model to challenge the Ford Fusion and Toyota Camry.

Used 2011 Chevrolet Malibu Pricing

This 2011 Malibu’s only significant competitive disadvantage to rivals Honda Accord and Toyota Camry is projected residual value; Kelley Used Car Blue Book residual values indicate that those long-term segment leaders will fare much better years down the road. Malibu’s roughly $22,500 Manufacturer’s Suggested Retail Value (MSRP) is nearly the same as its Fair Purchase Price, about equal to that of a comparably equipped Camry and Honda Accord with four-cylinder engine and automatic. The Ford Fusion, Malibu’s natural domestic competitor, offers a four-cylinder/automatic combination that starts just under $21,500 and has slightly higher projected five-year residual values.

Driving the Used 2011 Chevrolet Malibu

The 2011 Chevrolet Malibu’s long wheelbase, wide stance and stiff structure combine for a pleasing balance of ride and handling that’s not at all common in this class, particularly for a domestic brand. The energy-efficient electric power steering on four-cylinder models – though better than earlier GM electric power steering applications – feels a bit artificial on-center; the conventional hydraulic power steering on V6 cars offers more precise feel. The Malibu is amazingly well behaved on uneven pavement, absorbing all but the most stubborn bumps and never giving in to wheel hop or chatter. The cabin is also luxury-car quiet, with no perceptible wind noise around the pillars or mirror caps. GM’s fuel-efficient six-speed automatic is a welcome addition to the Malibu lineup and offers paddle shifters for more spirited driving.

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Interior Comfort

The 2011 Chevrolet Malibu’s beautifully crafted interior uses premium materials throughout. The "dual-cockpit" instrument panel’s major gauges are backlit in blue, ambient lighting provides a warm environment and overhead LED floodlights project subdued light on the console area between the front seats. The deep center console’s sliding cover opens to accommodate large items, there’s a handy storage compartment atop the instrument panel and an available "rear power center" provides a 110-volt AC power outlet. Two available two-tone trim combinations – Ebony and Brick and Cocoa and Cashmere – offer a choice of metallic-look or wood grain accents, while an all-Ebony combination is accented with tasteful wood grain. Rear seat legroom for tall passengers is exceptionally good, and the high roofline allows enough head room for all but the super long-bodied, who probably will be more comfortable up front.

Exterior Styling

The 2011 Chevrolet Malibu hits a high-water mark for its size and price with taut proportions, elegant lines and a crisp, clean profile. Its split grille represents the new global face of Chevrolet cars, and its twin round tail lamps are traditional Chevy cues. The Malibu feature a large, deep trunk with a low lift over height for easy loading, and the car’s elongated rear doors make entry and exit comfortable even for tall passengers. LTZ models feature front fog lamps and clear-lens LED tail lamps, while V-6-powered Malibus sport twin chrome exhausts. With tight panel gaps and rich-looking details, this mid-size Chevy looks like $40,000 while starting at half that price.

(Video) 2011 Chevy Malibu LTZ Walkaround For Sale - Stock # 23444A

Favorite Features

Remote Starting
Available on 1LT models and standard on 2LT and LTZ, this terrific feature lets you start the engine and warm or cool the interior from a distance, with the car still locked, well before departing.

Turn-by-Turn Navigation
A GM OnStar feature, this service provides precise verbal directions through the car’s audio system without the need to program in a destination.

Standard Features

Malibu’s comprehensive list of standard safety features includes four-wheel disc brakes with ABS and traction control, StabiliTrak stability control, front seat-belt pretensioners, OnStar 9.0 and six air bags: Dual-stage front, front seat-mounted thorax (side) and two-row head-curtain bags. Also standard are a six-speed TAPshift automatic transmission, 17-inch painted steel wheels, XM Satellite Radio and (surprisingly) a choice of interiors that includes two-tone trim combinations. The range-topping LTZ offers front fog lamps, 18-inch aluminum wheels, dual chrome exhausts and clear-lens LED taillamps.

(Video) 2008 Chevy Malibu Review - Kelley Blue Book

Factory Options

2011 Chevrolet Malibu option and equipment packages include such features as power-adjustable pedals, up level interiors, leather seats, power equipment groups and a premium audio system. A touch screen GPS navigation system is not available (partially because the center stack design doesn’t provide room for a screen), but Turn-by-Turn verbal directions can be easier to use (you call in destinations to an OnStar operator rather than program them in) and you may not miss the screen.

Engine & Transmission

The 2011 Chevrolet Malibu offers a choice of a standard 169-horsepower 2.4-liter ECOTEC four, or a 252-horsepower 3.6-liter V6; both engines feature dual overhead camshafts, four valves per cylinder and variable valve timing. Chevrolet’s fuel-efficient six-speed automatic is standard across the line, and features a manual shift mode to aid when passing or merging. The 2011 Malibu does not offer a manual transmission option.

2.4-liter 4-cylinder
169 horsepower @ 6400 rpm
160 lb.-ft. of torque @ 4500 rpm
EPA city/highway fuel economy: 22/33 (six-speed), 15/23 (E85, six-speed)

(Video) 2013 Chevy Malibu Review - Kelley Blue Book

3.6-liter V6
252 horsepower @ 6300 rpm
251 lb.-ft. of torque @ 3200 rpm
EPA city/highway fuel economy: 17/26

KBB Vehicle Review and Rating Methodology

Our Expert Ratings come from hours of both driving and number crunching to make sure that you choose the best car for you. We comprehensively experience and analyze every new SUV, car, truck, or minivan for sale in the U.S. and compare it to its competitors. When all that dust settles, we have our ratings.

We require new ratings every time an all-new vehicle or a new generation of an existing vehicle comes out. Additionally, we reassess those ratings when a new-generation vehicle receives a mid-cycle refresh — basically, sprucing up a car in the middle of its product cycle (typically, around the 2-3 years mark) with a minor facelift, often with updates to features and technology.

Rather than pulling random numbers out of the air or off some meaningless checklist, KBB’s editors rank a vehicle to where it belongs in its class. Before any car earns its KBB rating, it must prove itself to be better (or worse) than the other cars it’s competing against as it tries to get you to spend your money buying or leasing.

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Our editors drive and live with a given vehicle. We ask all the right questions about the interior, the exterior, the engine and powertrain, the ride and handling, the features, the comfort, and of course, about the price. Does it serve the purpose for which it was built? (Whether that purpose is commuting efficiently to and from work in the city, keeping your family safe, making you feel like you’ve made it to the top — or that you’re on your way — or making you feel like you’ve finally found just the right partner for your lifestyle.)

We take each vehicle we test through the mundane — parking, lane-changing, backing up, cargo space and loading — as well as the essential — acceleration, braking, handling, interior quiet and comfort, build quality, materials quality, reliability.

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