2023 Chevrolet Malibu Reviews, Pricing & Specs

Vehicle Photo thumbnail

$24,700 to $31,500

Overview

The Chevrolet Malibu gets more standard driver-assistance technology and some changes to its powertrain lineup for 2023.

The 2023 Chevrolet Malibu is a sensible and economical midsize sedan. It has an attainable starting price and solid fuel economy estimates. It also provides a spacious cabin.

What’s New for the 2023 Chevrolet Malibu

The 2023 Malibu gains more driver-assistance tech for its list of standard features. The 2.0-liter engine has been dropped from the lineup.

Design

The Chevy Malibu has has clean lines and a generally handsome design. Though ambitious when it first debuted, the rest of the segment has embraced bolder designs, making the Malibu a refreshingly restrained choice. The Malibu comes standard with 16-inch aluminum alloy wheels. The LT trim comes with 17-inch alloy wheels. 18- and 19-inch alloy wheels are available.

Powertrain

As mentioned, the 2.0-liter engine has been dropped from the Malibu for 2023, leaving the 1.5-liter turbocharged four-cylinder as the only engine option. It makes 160 horsepower and 184 pound-feet of torque. Power is routed to the front wheels through a continuously variable transmission. This powertrain returns fuel economy of 30 mpg city, 35 highway, 30 combined.

Interior

Trims for the 2023 Chevy Malibu are LS, RS, LT, and 2LT. Standard features on the LS include remote keyless entry, power-adjustable side mirrors, and manually adjustable front seats. The RS trim adds a power-adjustable driver’s seat. The LT trim adds dual-zone automatic climate control, heated front seats, satellite radio, and remote start. The range-topping 2LT trim features heated-and-ventilated front seats, an additional USB port (charging only), a Bose premium stereo system, and leather upholstery. The Malibu provides 15.7 cubic feet of trunk space, which is average for the midsize sedan segment.

Technology

The Malibu comes standard with an 8-inch touchscreen that runs an easy-to-use infotainment system with wireless Apple CarPlay and wireless Android Auto. It also comes standard with a Wi-Fi hotspot. The range-topping 2LT trim adds an 8-inch digital instrument panel screen and wireless device charging.

Safety

Standard driver-assistance features include forward collision warning, automatic emergency braking with pedestrian detection, automatic high beams, and lane-departure warning. The vehicle comes with GM’s Teen Driver system, which lets the owner set volume and speed limitations for a second set of keys. For 2023, the Malibu also comes with Buckle to Drive. If the driver’s seat belt is not fastened, it will prevent the driver from putting the car into Drive for up to 20 seconds. Moving up to the RS trim adds blind-spot monitoring and rear cross-traffic alert. An automatic self-parking assistant is available as an option.

Pricing

At the time of this writing, the 2023 Chevrolet Malibu has a base MSRP of $26,095 for an entry-level LS trim. The RS trim starts at $27,095 and the LT trim starts at $29,195. The range-topping 2LT trim starts at $32,595. The Chevrolet Malibu is backed by a five-year/60,000-mile powertrain warranty.

George Kennedy
by George Kennedy

Published May 19, 2023

What owners say

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1 review
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The car has more features than you think for the price. Heated seats, android and apple auto, a turbo. It's not the pinical of luxury, but it definitely gives you enough if you are on a budget.

April 18, 2026

Trims & specs

LT with 2LT FWD specifications

Base MSRP

$31,500

Seating

5

Engine

1.5L 160 hp I4

Cargo Capacity

15.7 cu ft

Combined MPG

31

Drivetrain

FWD

LS Fleet FWD specifications

Base MSRP

$24,700

Seating

5

Engine

1.5L 160 hp I4

Cargo Capacity

15.7 cu ft

Combined MPG

31

Drivetrain

FWD

RS FWD specifications

Base MSRP

$26,000

Seating

5

Engine

1.5L 160 hp I4

Cargo Capacity

15.7 cu ft

Combined MPG

31

Drivetrain

FWD

LT with 1LT FWD specifications

Base MSRP

$28,100

Seating

5

Engine

1.5L 160 hp I4

Cargo Capacity

15.7 cu ft

Combined MPG

31

Drivetrain

FWD

LS FWD specifications

Base MSRP

$25,000

Seating

5

Engine

1.5L 160 hp I4

Cargo Capacity

15.7 cu ft

Combined MPG

31

Drivetrain

FWD

Pricing trends

MSRP range

$24,700 - $31,500

Current avg. market price

$16,562

Trending down by 1.3% this month

April 2026 - October 2026

See full price trends

$24,700 to $31,500