Auto HomeShopBelow $10k2017 Chevrolet Malibu LT

Description

No Accidents! Great Gas Mileage!

128,037 Miles

1G1ZE5STXHF161213

Stock #: B23356

DrivetrainFWDTransmission6-Speed Shiftable AutomaticEngine4cyl – 1.5LFuel TypeGas

MPG City27MPG Highway36InteriorDark Atmosphere/Medium Ash GrayExteriorSilver Ice Metallic

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1. Origin of Inventory

These are bank-repossessed cars. These vehicles have been reclaimed by financial institutions following the original borrower's default on loan obligations. The bank retrieves the asset used as collateral when payments are not maintained.

2. Pricing & Liquidation

Once repossessed, these vehicles are liquidated at significantly reduced prices. Prices frequently range from 25% to 50% below the current market value. Sales occur through auction events or direct channels managed by specialized car dealers.

3. Value & Quality Assurance

These vehicles provide outstanding value opportunities for prospective purchasers. Inventory often includes nearly new models with remarkably low mileage, ensuring buyers obtain a reliable vehicle without the premium price tag associated with brand-new cars.