The redesigned Chevrolet Malibu has been marketed more heavily than any other car in the United States in the past two years in its manufacturer’s desire to infiltrate sales the Honda Accord and Toyota Camry, the country’s top-two bet-selling sedans.
But the Malibu still can’t find its true identity. It’s been selected as among the country’s most improved vehicles. But it’s also now near the top the list for largest depreciation value.
In the most recent statistics released in August by Kelley Blue Book, the Chevrolet Malibu has the second-worst depreciation
The Malibu, a midsize, lost 5.5 percent of its value for the month despite being one of General Motors’ most highly touted cars.
On the contrary, Volvo (two models), Porsche and Kia were the vehicles with best appreciation.
Here are the Kelley Blue Book statistics:
Top 10 Depreciating Cars
1. Chevrolet Classic -8.2%
2. Chevrolet Malibu -5.5%
3. Chevrolet Malibu Classic -5.5%
4. Nissan 350Z -4.9%
5. Buick Century -4.7%
6. Jaguar XJ -4.7%
7. Jaguar XJ8 -4.2%
8. Kia XG350 -4.1%
9. Smart ForTwo -3.9%
10. Suzuki Verona -3.8%
Top 10 Appreciating Cars
1. Volvo S60 5.6%
2. Porsche 911 4.1%
3. Kia Rondo 3.8%
4. Volvo XC70 3.5%
5. Lexus LS 3.2%
6. Hyundai Tiburon 2.7%
7. Lincoln MKZ 2.7%
8. Mazda RX-8 2.7%
9. Cadillac XLR 2.5%
10. Scion tC 2.4%
Related Car News and Reviews
- Malibu Awarded North American Car of the Year Honors
- Chevrolet Malibu (Hybrid), 2008: The Weekly Driver Car Review
- Cars.com selects Smart ForTwo, Chevrolet Malibu as worst, most improved cars of the decade
- Chevy Malibu, 2008: The Weekly Driver Car Review
- Hyundai cruises past Toyota, Honda in Kelley Blue Book customer loyalty
