June 2008 Lease Rate for 2008 Chevrolet Malibu

24mo/12k – money factor .00131 (3.15%) – residual 64%
36mo/12k – money factor .00131 (3.15%) – residual 54%

My Take: The Malibu is actually a very good looking car compared to it’s predecessor. It has a much higher quality feel compared to many of the GM cars out there. Since it’s a relatively new car, reliability is still in question. However, if you are looking for an alternative to the Altima, Camry or the Accord, the Malibu isn’t half bad. The MF is decent and the 24mo lease seems to hold a rather high residual value. The 36mo lease seems to take a huge 10% hit in residual value, but spread over an extra 12 months will still make the payments lower than the 24mo lease.