General Motors may be cannibalizing sales of its new 2013 Chevy Malibu Eco by offering such a great deal on the previous 2012 model, reports Automotive News.
The Chevy Malibu Eco uses mild hybrid technology to achieve better fuel economy, and GM bet big on its success. In fact, the launch of the vehicle was pushed ahead six months to avoid a slew of redesigns from competitors, including the Ford Fusion, Honda Accord and Nissan Altima, Automotive News reports.
Yet that head start may not ultimately be all that valuable, because the 2013 Malibu Eco hasn't been flying off of dealership lots. It's not for lack of interest - initial reviews of the car are quite positive. Yet many buyers are walking into a Chevy dealership and walking out with the old 2012 Malibu instead.
Dealers typically offer incentives and bonuses to make way for the new models, but the 2012 Malibu is a great deal. With all the savings factored in, the 2012 model costs about $6,000 less, and most shoppers don't see the new Malibu Eco being worth that much more.
No matter what car you drive, it's critical to keep up with vehicle maintenance, such as oil changes and fuel injector cleaning.