Question 1

What do water/flood 2023 CHEVROLET MALIBU models sell for?

Accepted Answer

Across 48 recorded sales of the 2023 CHEVROLET MALIBU with water/flood damage, the median was $4,800, from $3,200 to $7,200. That is 4% below the $5,000 median for the model across every damage type, over the last 36 months. Estimates from past sales, not a valuation.

Question 2

Was $7,200 a good price for this 2023 CHEVROLET MALIBU?

Accepted Answer

3657 comparable 2023 CHEVROLET MALIBU listings sold at auction for a median of $5,000, spanning $3,300 to $9,800. At $7,200 this one went 44% above that median. Auction prices reflect as-is condition, so the gap usually comes down to damage severity, mileage and whether the car runs.

Question 3

How much below its undamaged value did this CHEVROLET MALIBU sell for?

Accepted Answer

The insurer put this 2023 CHEVROLET MALIBU's pre-damage retail value at $20,140. It sold for $7,200 — 64% below that. A gap this size is normal for auction vehicles: the buyer takes on the repair cost, the paperwork and the risk that damage is worse than the photos show.

Question 4

What does "RUN AND DRIVES" mean on this listing?

Accepted Answer

RUN AND DRIVES is the auction's own condition note for this 2023 CHEVROLET MALIBU. It means the vehicle started and moved under its own power during a brief check at the yard. It is not a mechanical inspection and says nothing about how far it would drive. Anything beyond that has to come from the photos and a physical inspection.

Question 5

What does a salvage title mean for this CHEVROLET MALIBU?

Accepted Answer

This 2023 CHEVROLET MALIBU was sold on a salvage title. A salvage title means an insurer declared the vehicle a total loss. Repairing it and passing a state inspection can convert it to a rebuilt title, which stays on the record permanently and affects resale value.

Question 6

Is 29,655 miles high for a 2023 CHEVROLET MALIBU?

Accepted Answer

Comparable 2023 CHEVROLET MALIBU listings at auction averaged 58,653 miles across 3657 sales, so at 29,655 miles this one sits 49% below that. At salvage auctions mileage moves the price far less than damage does — a low-mileage car with structural damage will still sell under a higher-mileage clean one.

2023 CHEVROLET MALIBU LS BLACK 1.5L 4 - 1G1ZC5ST9PF127865 | $7,200

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