Chevrolet
Malibu
2021
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2021 chevrolet malibu
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2021 Chevrolet Malibu

Lease EstimateSee Lease Deals
$335/mo
Finance Estimate
$327/mo
FROM
$22,565
MPG
29 city / 36 hwy

Expert Rating

Not Available

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2021 Chevrolet Malibu
Lease
$335 / month
Finance
$327 / month
Based on 52% Residual Value : 12,000 Annual Miles
Vehicle Price
A typical negotiated price before taxes & fees.
Incentives
Incentives that help lower the selling price of a vehicle.
Available Money Factor of 0.00209 for 36 month lease
Incentives
Incentives that help lower the selling price of a vehicle.
Down Payment
Trade-In Value
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Buying Tips

What you must know before buying the Chevrolet Malibu

John Diether
Automotive Editor - October 6, 2020
  • 2021 Malibu arriving; 2020s remain in stock
  • $2,750 factory rebate on 2020s; $1,000 on 2021s
  • Lease a 2021 from $249 for 36 months
  • 0.9% APR for 72 months + $1,850 bonus on 2020s

In with the new:

The carryover 2021 Malibu is now arriving at dealers nationwide. Selection will steadily improve over the next few months.

The 2020 Malibu remains on sale in decent numbers. You should be able to find the one you want for at least another month.

The mid-level LT is most common, followed by the base LS and upscale Premier. The slow-selling hybrid model is no more. Unlike many GM sedans, the Malibu remains part of the automaker's long-term strategy.

Current offers are available on a national basis through November 2, 2020 unless otherwise noted.

Up to $3,500 off:

As in previous months, Chevy is offering a $2,750 rebate on the 2020 Malibu to all buyers. New this month is a $750 conquest bonus for current customers of competing brands.

The initial rebate on the incoming 2021 Malibu is $1,000, a typical amount for this early stage of the model year.

Go newer on a lease:

Current lessees of any brand can lease a 2021 Malibu LT from $249 for 36 months (10,000 miles a year) with $1,379 due at signing. This is an excellent value for a family sedan.

For everyone else, the lease structure may be different, you can still expect good value.

The current lease offer on the 2020 Malibu is virtually identical, so upgrading to a 2021 model makes sense.

APR and cash combo:

Instead of the full rebate on a 2020 Malibu, Chevy now offers 0.9% financing for 72 months, plus $1,850 bonus cash.

We expect to see APR offers on the 2021 Malibu once the 2020s are gone.

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Advertised Lease Deals

LT (GM/Non-GM Lessees)
$249Monthly Payment
Term Length (months): 36
Due at signing: $1,379
Mileage: 10k
MSRP: $27,595
Deal Valid in: All Regions
Expiration: 11/2/20

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

CarsDirect Target Price

Prices vary by style

CarsDirectPricing as of 10/21/20 in 20149
MSRP
$23,065
Sales Price
$22,565
Cash Rebates
$0
Target Price
$22,565
Lease Estimate
$335/mo
Finance Estimate
$327/mo

Hurry! Offer expires

Leases For Similar Cars

Based on 2021 Chevrolet Malibu L 4dr Sedan - MSRP $23,065

Top Chevy Deals & Must-Know Advice In October

Chevy continues to offer great incentives for both buying and leasing in October. Sign & Drive leases are no longer available but most offers still remain strong deals. In... View All Chevrolet Lease Deals

2021 Chevrolet Malibu: Model Preview

Justin Cupler
Automotive Editor

Model Preview

The Chevy Malibu got a sharp redesign in 2016 that brought in a sportier look than this sedan’s ever had. With this look still fresh and rumors swirling about Chevy scrapping this midsize sedan following the 2024 model year, we expect to see the 2021 Malibu arrive as a carryover model.

The 2016 Malibu redesign brought a sportier feel to this midsize sedan with its more pronounced body lines and almost coupe-like rake to the C-pillar and rear glass. Buyers seeking even more speedy-looking bits can opt for the RS trim, which features darkened badges, upgraded wheels, a dark grille, a rear spoiler, and more.

Inside, the Malibu boasts a traditional cabin for its class, but it adds to its style with light color contrasts, a large touchscreen, a simple HVAC interface, and uniquely shaped air vents. Moving up to the RS trim pushes even more contrast with its Jet Black interior setting off the metallic trim nicely. Buyers seeking more luxury will find this in the Premium trim, which includes leather seating, ventilated front seats, heated rear seats, and more.


Chevy Malibu

The 2021 Malibu will also carry on with same long list of standard interior amenities, including an 8-inch touchscreen, Apple CarPlay, Android Auto, a six-speaker audio system, Bluetooth audio streaming, and more.

Under its hood, the 2021 Malibu will roll in with the same engine options, which will start with a standard 1.5-liter turbocharged four-cylinder that delivers 163 horsepower and 184 pound-feet of torque. At the top of the lineup will be a 2.0-liter turbocharged four-pot with 250 hp. The 1.5-liter engine will pair with a continuously variable transmission, and the 2.0-liter will mate to a nine-speed automatic.

The current Malibu missed being an IIHS Top Safety Pick due to its lack of a headlight test and its “Marginal” rating in the passenger-side small-overlap test. While it boasts a “Superior” rating in one front-crash prevention test, keep in mind that this is with the enhanced automatic emergency braking system, which is an option only on the range-topping Premium trim. The basic automatic emergency braking system only received an “Advanced” rating and is an option on just the LT trim. The L, LS, and RS trims are not available with automatic emergency braking. We expect the safety features and ratings to carry into the 2021 Malibu unchanged.

This midsize sedan will battle the Toyota Camry, Honda Accord, and Hyundai Sonata.

Check prices for the 2021 Chevrolet Malibu »

Pictured: 2020 Chevy Malibu

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