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2016 Chevy Malibu undercuts rivals with $22,500 starting price

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Customers eager to get their hands on the new 2016 Malibu may be pleasantly surprised to find that Chevy has actually reduced the price on the base model. In fact the Malibu now undercuts much of the competition.

Order up a new Malibu in entry-level L trim and you'll shell out only $22,500. That includes the $875 destination charge (which is $50 more than what Chevy used to charge for delivery). The Malibu L of course won't come with all the bells and whistles of the higher trim levels, but still comes with 10 airbags, cruise control, and push-button ignition.

Compare that to the competition and you'll find the base Malibu less expensive than most, but not all. It undercuts the Ford Fusion, Honda Accord, Toyota Camry, and Nissan Altima – although the Hyundai Sonata and Mazda6, for example, are still marginally less expensive in base trim.

Those looking for a little bit more can upgrade to the Malibu LS ($23,995), LT ($25,895), or Premier ($31,795). The L, LS and LT come with a 1.5-liter inline-four, but the Premier packs a 2.0-liter turbo that can also be had in LT spec for $29,495. Pricing for the Malibu Hybrid is slated to be announced at a later date, as will EPA fuel economy figures for the rest of the range.
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Next-Gen Chevrolet Malibu Starts at $22,500
Lower than Camry, Accord, Fusion and Altima

2015-09-10

DETROIT – The 2016 Chevrolet Malibu, the most fuel-efficient, connected and technologically advanced version in the nameplate's history – will be available with a starting suggested retail price of $22,500 for the L model.

"We've continued our focus on delivering on the highest levels of quality, as evidenced by recent recognitions from J.D. Power on initial quality and long-term dependability," said Steve Majoros, director of Chevrolet cars and crossovers. "The 2016 Malibu is engineered and priced to give customers impressive value and technology that's hard to compete with."

For 2016, Malibu will be offered in five models, L, LS, LT, Hybrid and Premier. Standard equipment includes 10 airbags, cruise control, push-button start with passive entry and fuel-saving stop/start technology on the base 1.5L 4-cylinder engine.

The LS model, starting at $23,995, includes standard Chevrolet MyLink Radio with 7-inch diagonal color touch screen, available compatibility with Apple CarPlay and Android Auto and a rear vision camera. CarPlay and Android Auto are subject to Apple and Google privacy statements and require compatible smartphone and data plans.

The starting price for the LT model is $25,895 and is projected to offer a General Motors-estimated 27 mpg city and 37 mpg highway, when equipped with the Ecotec 1.5L turbo engine with stop/start. Official EPA estimates are not yet available. The LT model adds LED daytime running lamps and 8-way power driving seats.

A 2.0L turbo with an 8-speed transmission is available in the LT and Premier models as well, starting at $29,495 and $31,795 respectively. Malibu 2.0T models offer a GM-estimated 22 mpg in the city and 32 on the highway. Official EPA estimates are not yet available.

The 2016 Malibu adds several new-to-Malibu safety technologies including Lane Keep Assist, Front Pedestrian Braking and Low Speed Front Automatic Braking. Teen Driver – available on LT and standard on Premier trims – helps support safe driving habits by muting the audio or any device paired with the vehicle when front-seat occupants aren't wearing their seat belts. It is also the first in-vehicle system in the industry that lets parents view information on how their teenagers drove the vehicle, which can be a teaching tool to reinforce safe driving habits.

Longer and lighter, the new Malibu offers more rear interior space than the current model. Its wheelbase has been stretched nearly four inches, and it is nearly 300 pounds lighter than the previous model, to assist with handling and fuel economy.

The 2016 Malibu reaches an exceptional level of fuel efficiency with an all-new, available hybrid powertrain that uses technology from the Chevrolet Volt. It helps offer a GM-estimated 48 mpg city, 45 mpg highway – and 47 mpg combined, which is unsurpassed in the segment. Official EPA estimates are not yet available.

Pricing for the Malibu Hybrid will be announced closer to its start of production in spring 2016.

The 2016 Malibu is built at the GM Fairfax Assembly facility, in Kansas City, Kan. from globally sourced parts.

Chevrolet Malibu

Hyundai Sonata

Ford Fusion

Honda Accord

Toyota Camry

Nissan Altima

Mazda6

MSRP

$21,625

$21,150

$22,110

$22,105

$23,070

$22,300

$21,495

Shipping

$875

$825

$875

$820

$825

$825

$820

Total

$22,500

$21,975

$22,985

$22,925

$23,895

$23,125

$22,315

All figures reflect starting manufacturer's suggested retail price for entry/base models

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