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2017 Chevy Malibu up to 33% off MSRP with available rebates and $700 Costco Executive Rebate - YMMV through 10/31/17 $19832

$19,832.00
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The $3,500 GM rebate on the 2017 Malibu has been extended through 11/30/17, so this deal should be achievable through that date.

I purchased a new 2017 Chevy Malibu today in the Atlanta, GA area for 33% off of MSRP when including the $700 Costco Cash card that is currently offered to Executive Members on top of the $3,500 GM rebate offered through 10/31/17 and (undisclosed) financing rebates. You must finance at least $7,500 of the purchase price to obtain all available rebates.

Details: 2017 Malibu LT with Leather Package, Driver Confidence Package, and Convenience & Technology Package.

MSRP $29,828
Less GM Rebate: $ 3,500
Less Financing/Other Rebates $ 1,315
Less Dealer Discount: $ 4,556
Less Executive Costco Cash Card: $ 700
Add Doc Fee (Varies by Dealership):$ 75
Final Price: $19,832


The Costco cash card requires that you complete registration and provide a dealership review. Along with the available rebates, this is a 33% savings from sticker price (just shy of $10,000).

Costco rebate ($700 for Executive members and $300 for Gold or business members) details are here: https://www.costcoauto.com/promo/...wcB&cmpc=1 . Check with the Costco Auto buying program for a participating dealership (I found that most GM dealers in my area participate).

The dealer discount is obviously a big variable and requires negotiation, however my salesperson indicated that he can provide similar savings on remaining 2017 Chevy Malibu (and Impala) cars that remain in stock. Feel free to PM me for his contact info if you are in the Atlanta area.
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Created 10-09-2017 at 09:08 PM by Bluelight
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$19,832.00

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Last Edited by Bluelight November 1, 2017 at 09:53 AM
The $3,500 GM rebate on the 2017 Malibu has been extended through 11/30/17, so this deal should be achievable through that date.

For comparison purposes, the TrueCar value for this car with the options as posted is $24,468. The posted deal provides $4,500 of savings from that price.

For further comparison, the KBB.com used car price for a 2017 Malibu with 15,000 miles and similar options purchased from a dealer is $20,956, so the posted deal provides $1,000 of savings from a similar used Malibu.


For those who recall this car to be a shoddy rental car fleet vehicle, the current model which was fully redesigned last model year is very competitive in the mid-size segment. Here are a few reviews to consider:

https://www.caranddriver.com/chevrolet/malibu

https://www.edmunds.com/chevrolet/malibu/
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20 Comments

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This comment has been rated as unhelpful by Slickdeals users
Joined May 2016
Fatwallet
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#3
It just amazes me with all the wreaked cars in Houston that GM has to discount them so much ...
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L5: Journeyman
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#4
Quote from jschuman01
:
It just amazes me with all the wreaked cars in Houston that GM chas to discount them so much ...
cause people cant afford to buy a new car anymore?
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L7: Teacher
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#5
Yeaaaaa 33% off that you will re-invest back in the car within 3-5 years
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Joined May 2005
Helpful member
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#6
Quote from jschuman01
:
It just amazes me with all the wreaked cars in Houston that GM has to discount them so much ...
any houstonians here care to comment on used car sales there? How much would my 11 Sonata w/95K miles be worth there now?
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Joined May 2004
L7: Teacher
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#7
Quote from vickh
:
How much would my 11 Sonata w/95K miles be worth there now?
Per KBB about $7000, but good luck getting close to that!
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Joined Nov 2007
L7: Teacher
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#8
Quote from jschuman01
:
It just amazes me with all the wreaked cars in Houston that GM has to discount them so much ...
I don't think you can really connect the two events. But that being said, most people aren't buying/in the market for GM products, so they have to entice buyers somehow.
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L4: Apprentice
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#9
Personally, I don't see any reason to buy a Malibu over the new Accord, Camry, and Mazda 6, all of which the best in their class in their respective characteristics. The new Camry is much improved in all aspects while the Accord is even better than before. As for the 6, it's the sports car of that segment. LOL!
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Joined Oct 2016
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#10
Quote from abadan
:
Per KBB about $7000, but good luck getting close to that!
I worked for Kia dealer, maybe u can just keep the vehicle instead sell it, resell price lol
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#11
Quote from Vbooboo
:
Personally, I don't see any reason to buy a Malibu over the new Accord, Camry, and Mazda 6, all of which the best in their class in their respective characteristics. The new Camry is much improved in all aspects while the Accord is even better than before. As for the 6, it's the sports car of that segment. LOL!
Because price
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L8: Grand Teacher
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#12
This is actually a pretty good deal, not sure why people are thumbs downing you. I agree that the Malibu isn't exactly the top of it's class, but at this price you're not buying the brand new Camry or the brand new Accord and the Malibu compares reasonably well against the previous generation vehicles. The 1.5T is even pretty fuel efficient.

Probably still only a good deal if you're going to keep it for a long while since resale value isn't as good as the top cars, but still a pretty solid deal if you can get your dealer down this much. GM is just advertising 20% off of MSRP so the extra 13% is up to your negotiating skills. You'll pretty much have to keep it for like 7 years or so though because the first few years the depreciation is pretty awful on these.
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Joined Oct 2011
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#13
If you already had a gm lease or competitor lease you would have saved even more.
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L6: Expert
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#14
Who's the dealer in georgia?
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Bluelight Special Aisle 4
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#15
Quote from BV999
:
Who's the dealer in georgia?
Please PM me; I've seen past threads get locked when they discussed specific dealerships, because the were considered promotional.
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