Is the $16,500 price on this 2023 Chevrolet Malibu a good deal?

OAV rates this as a Great Deal because the asking price of $16,500 is below the typical market range for this vehicle.

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

Based on 1,182 comparable listings in IA, the average asking price for a 2021-2025 Chevrolet Malibu is $19,689, with prices ranging from $11,850 to $28,495.

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

Comparable Chevrolet Malibu listings in IA spend an average of 148 days on dealer lots.

Where is this 2023 Chevrolet Malibu located?

This vehicle is listed in Cedar Falls, IA 50613. VIN: 1G1ZD5ST8PF164208. Mileage: 88,925 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 $17,500 to $19,491, based on 6 comparable vehicles.

Vehicle Details

VIN1G1ZD5ST8PF164208

Trim1LT

Exterior ColorBlack

DrivetrainFWD

Engine1.5L I4

TransmissionCVT

Fuel TypeUnleaded

Inventory Typeused

Days on Lot177

Days on Market176

2023 Chevrolet Malibu

1LT

Unscored

$16,50088,925 miles

Cedar Falls, IA 50613

Market price position

Lowest comparable ($)

17,500

Highest comparable ($)

19,491

This vehicle's price ($)

16,500

$16,500 · $1,000 below market low

$17,500comparable$19,491

Regional range: $17,500 – $19,491
vs. market low: — $1,000 (6% below)
Comparable vehicles: 6

Demand-Verified· Backed by recent sales data

Similar vehicles recently sold in an estimated 18–74 days.

Market Breakdown

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

Regional Range$17,500 – $19,491

Dealer Info

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Cedar Falls, IA

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About This 2023 Chevrolet Malibu

Listing updated: May 1, 2026

Listed by a franchise dealer in Cedar Falls, IA · On lot for 177 days · VIN verifiable at NHTSA

This used 2023 Chevrolet Malibu 1LT is listed at $16,500 by a franchise dealer in Cedar Falls, IA 50613. It has 88,925 miles on the odometer. The exterior color is Black. 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 a Great Deal — priced below market value. Based on 6 similar vehicles in the Cedar Falls market, the estimated market range is $17,500 to $19,491.

This vehicle has been on the lot for 177 days.

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

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.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from a franchise dealer in Cedar Falls, IA, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1G1ZD5ST8PF164208 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 refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2023 Chevrolet Malibu Market in IA

Comparable Vehicles

1,182

Average Price

$19,689

Price Range

$11,850–$28,495

Avg Days on Lot

148

Based on 1,182 comparable 2021-2025 Chevrolet Malibu listings in IA, the average asking price is $19,689. This listing at $16,500 is $3,189 below average (16% below market). Comparable prices in IA range from $11,850 to $28,495. Similar vehicles spend an average of 148 days on dealer lots in this market.