Is the $15,989 price on this 2023 Chevrolet Malibu a good deal?

OAV rates this as Fair Price because the asking price of $15,989 is within the typical market range for this vehicle.

What is the average price for a 2023 Chevrolet Malibu in IL?

Based on 1,041 comparable listings in IL, the average asking price for a 2021-2025 Chevrolet Malibu is $18,664, with prices ranging from $7,500 to $26,278.

How long does a 2023 Chevrolet Malibu typically stay on dealer lots?

Comparable Chevrolet Malibu listings in IL spend an average of 62 days on dealer lots.

Where is this 2023 Chevrolet Malibu located?

This vehicle is listed in Hoffman Estates, IL 60169. VIN: 1G1ZD5ST7PF164023. Mileage: 59,408 miles.

What is the fair market price range for this 2023 Chevrolet Malibu?

OAV's Price-to-Market analysis estimates the fair market range is $9,999 to $21,595, based on 115 comparable vehicles.

No Photo Available

Vehicle Details

VIN1G1ZD5ST7PF164023

Trim1LT

Exterior ColorWhite

DrivetrainFWD

Engine1.5L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot253

2023 Chevrolet Malibu

1LT

Fair Price

$15,98959,408 mi

Hoffman Estates, IL 60169

Is this 2023 Chevrolet Malibu 1LT a good deal?

OAV verdict: Fair Price

Why: Listed at $15,989, comparable market range $9,999–$21,595, based on 115 comparable listings. Days on lot: 253 days (market average 62 days).

Market price position

$15,989 · within market range

$9,999comparable$21,595

Regional range: $9,999 – $21,595
vs. market: $5,990 above low · $5,606 below high
Comparable vehicles: 115

Market Retail Price (MRP™)

$15,797

This vehicle $15,989 · $192 (1%) above MRP

MRP™ is the midpoint of the comparable market range — the representative price the market is asking for similar vehicles. How MRP works.

True Retail Value (TRV™)

$17,397

This vehicle $15,989 · $1,408 (8%) below TRV

TRV™ is the average paid price for cars like this in the last 60 days (sold data through 2026-07-19) — an estimate, not an appraisal. How TRV works.

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 13–61 days.

Verify before inquiring

This listing has been on market about 4.1x longer than typical for similar vehicles (cohort sells in 13–61 days; this one is at 253). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges update continuously.

Regional Range$9,999 – $21,595

Infiniti Of Hoffman Estates

Hoffman Estates, IL

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

View all vehicles from infiniti of hoffman estates →

Request availability and out-the-door price

OAV will route your inquiry to Infiniti Of Hoffman Estates for current availability of this 2023 Chevrolet Malibu 1LT and an out-the-door price quote (taxes, fees, addons included).

OAV routes your inquiry; pricing, taxes, fees, and availability come from the dealer.

About This 2023 Chevrolet Malibu

Listing updated: Jul 18, 2026

Listed by a franchise dealer in Hoffman Estates, IL · On lot for 253 days · VIN verifiable at NHTSA

This used 2023 Chevrolet Malibu 1LT is listed at $15,989 by infiniti of hoffman estates in Hoffman Estates, IL 60169. It has 59,408 miles on the odometer. The exterior color is White. It features a FWD drivetrain with a 1.5L I4 engine and CVT transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 115 similar vehicles in the Hoffman Estates market, the estimated market range is $9,999 to $21,595.

This vehicle has been on the lot for 253 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

Market context

This listing is part of OAV's broader Hoffman Estates, IL sedans market analysis. OAV compares vehicles using local and regional price-to-market ranges, days-on-lot, comparable count, and demand signals where available.

How this deal is rated

OAV compares this 2023 Chevrolet Malibu against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

Listings show OAV's PTM-derived deal quality and live market context. OAV-claimed dealers manage their listing profile and route buyer inquiries directly. Paid OAV partners surface additional verification signals.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Hoffman Estates, IL, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1ZD5ST7PF164023 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is updated continuously; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Chevrolet Malibu Market in IL

Comparable Vehicles

1,041

Average Price

$18,664

Price Range

$7,500–$26,278

Avg Days on Lot

Based on 1,041 comparable 2021-2025 Chevrolet Malibu listings in IL, the average asking price is $18,664. This listing at $15,989 is $2,675 below average (14% below market). Comparable prices in IL range from $7,500 to $26,278. Similar vehicles spend an average of 62 days on dealer lots in this market.